D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$820M |
| 2 |
Visa
V
|
+$667M |
| 3 |
HES
Hess
HES
|
+$515M |
| 4 |
Mastercard
MA
|
+$425M |
| 5 |
Oracle
ORCL
|
+$382M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.03B |
| 2 |
Advanced Micro Devices
AMD
|
+$949M |
| 3 |
Citigroup
C
|
+$419M |
| 4 |
ExxonMobil
XOM
|
+$391M |
| 5 |
Booking.com
BKNG
|
+$349M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.36% |
| 2 | Consumer Discretionary | 9.47% |
| 3 | Financials | 6.95% |
| 4 | Healthcare | 6.38% |
| 5 | Communication Services | 4.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
PUT
Jones Lang LaSalle
JLL
$15.8B
| $3.9M | ﹤0.01% |
20,000
| – | – |
|
1952
Steel Dynamics
STLD
$36.2B
| $3.9M | ﹤0.01% |
26,303
-167,219
| -86% | -$21M |
|
1953
Anika Therapeutics
ANIK
$215M
| $3.9M | ﹤0.01% |
153,489
-15,755
| -9% | -$381K |
|
|
PLL
1954
PUT
DELISTED
Piedmont Lithium
PLL
| $3.9M | ﹤0.01% |
292,500
+190,000
| +185% | +$3.05M |
|
1955
PUT
Erie Indemnity
ERIE
$13B
| $3.9M | ﹤0.01% |
9,700
| – | – |
|
1956
American Superconductor
AMSC
$1.29B
| $3.89M | ﹤0.01% |
288,195
-147,549
| -34% | -$1.83M |
|
1957
Olin
OLN
$2.53B
| $3.88M | ﹤0.01% |
65,937
-1,339
| -2% | -$71.8K |
|
|
CTRA
1958
CALL
DELISTED
Coterra Energy
CTRA
| $3.88M | ﹤0.01% |
+139,000
| New | +$3.56M |
|
1959
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.76B
| $3.87M | ﹤0.01% |
95,081
+85,076
| +850% | +$3.32M |
|
1960
PUT
Baker Hughes
BKR
$58.3B
| $3.87M | ﹤0.01% |
+115,400
| New | +$3.56M |
|
1961
PUT
Tower Semiconductor
TSEM
$21.2B
| $3.86M | ﹤0.01% |
115,500
| – | – |
|
1962
Descartes Systems
DSGX
$6.68B
| $3.86M | ﹤0.01% |
42,200
-34,000
| -45% | -$2.99M |
|
|
JNPR
1963
CALL
DELISTED
Juniper Networks
JNPR
| $3.85M | ﹤0.01% |
+103,800
| New | +$3.79M |
|
1964
PUT
Medifast
MED
$107M
| $3.83M | ﹤0.01% |
+100,000
| New | +$4.84M |
|
1965
International Paper
IP
$22.6B
| $3.83M | ﹤0.01% |
98,155
+81,400
| +486% | +$2.95M |
|
1966
Avantis US Small Cap Value ETF
AVUV
$30.3B
| $3.83M | ﹤0.01% |
+40,867
| New | +$3.62M |
|
1967
Payoneer
PAYO
$2.41B
| $3.83M | ﹤0.01% |
787,578
-974,583
| -55% | -$4.75M |
|
1968
Pegasystems
PEGA
$5.09B
| $3.82M | ﹤0.01% |
118,206
+57,310
| +94% | +$1.61M |
|
1969
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.48B
| $3.82M | ﹤0.01% |
220,015
-241,250
| -52% | -$4.04M |
|
1970
BBVA Argentina
BBAR
$3.85B
| $3.82M | ﹤0.01% |
450,205
+390,090
| +649% | +$2.44M |
|
1971
CALL
Digital Realty Trust
DLR
$69.6B
| $3.82M | ﹤0.01% |
26,500
-13,500
| -34% | -$1.91M |
|
|
CMA
1972
PUT
DELISTED
Comerica
CMA
| $3.82M | ﹤0.01% |
69,400
-158,100
| -69% | -$8.25M |
|
1973
Tyson Foods
TSN
$21.5B
| $3.81M | ﹤0.01% |
64,954
-188,138
| -74% | -$10.3M |
|
|
CCC
1974
CCC Intelligent Solutions
CCC
$3.55B
| $3.81M | ﹤0.01% |
318,447
-222,566
| -41% | -$2.54M |
|
1975
Latham Group
SWIM
$660M
| $3.8M | ﹤0.01% |
959,949
+24,941
| +3% | +$71.1K |
|
Similar funds
D.E. Shaw & Co's Q1 2024 Portfolio in Review
As of Q1 2024, D.E. Shaw & Co held 4,923 positions worth $117B, up 2.1% from $114B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co withdrew a net $8.58B in Q1 2024, closing 634 positions and reducing 1,722 holdings. Its most notable exit was iShares JPMorgan USD Emerging Markets Bond ETF, an estimated $307M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in Arm worth $297M.
- D.E. Shaw & Co's largest Q1 2024 buy was Arm: 2,379,839 shares worth $297M.
- D.E. Shaw & Co added most to Apple in Q1 2024, an estimated $820M increase.
- D.E. Shaw & Co's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $1.03B.
- D.E. Shaw & Co fully exited iShares JPMorgan USD Emerging Markets Bond ETF in Q1 2024, selling an estimated $307M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $117B portfolio in Q1 2024.
- D.E. Shaw & Co opened 655 new positions and closed 634 in Q1 2024.
- D.E. Shaw & Co's portfolio value rose 2.1% quarter-over-quarter to $117B.
Based on D.E. Shaw & Co's 13F filing for Q1 2024, filed 15 May 2024.