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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$880M |
| 3 |
Boeing
BA
|
+$850M |
| 4 |
Eli Lilly
LLY
|
+$689M |
| 5 |
Tesla
TSLA
|
+$665M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$964M |
| 2 |
Apple
AAPL
|
+$606M |
| 3 |
Workday
WDAY
|
+$520M |
| 4 |
Palantir
PLTR
|
+$514M |
| 5 |
Spotify
SPOT
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.54% |
| 2 | Consumer Discretionary | 8.87% |
| 3 | Healthcare | 8.21% |
| 4 | Financials | 5.68% |
| 5 | Industrials | 4.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Principal Financial Group
PFG
$24.3B
| $4.42M | ﹤0.01% |
57,064
-103,880
| -65% | -$8.75M |
|
1952
Amphastar Pharmaceuticals
AMPH
$907M
| $4.41M | ﹤0.01% |
118,851
+95,192
| +402% | +$4.35M |
|
|
VSXY
1953
CALL
Victoria's Secret
VSXY
$7.09B
| $4.41M | ﹤0.01% |
106,500
+76,900
| +260% | +$2.72M |
|
1954
Algonquin Power & Utilities
AQN
$4.59B
| $4.41M | ﹤0.01% |
991,843
+973,943
| +5,441% | +$4.7M |
|
1955
Bausch Health
BHC
$1.75B
| $4.39M | ﹤0.01% |
544,707
+248,871
| +84% | +$2.05M |
|
1956
Restaurant Brands International
QSR
$26.2B
| $4.39M | ﹤0.01% |
67,408
+49,774
| +282% | +$3.45M |
|
1957
Rayonier Advanced Materials
RYAM
$562M
| $4.39M | ﹤0.01% |
531,940
| – | – |
|
1958
Stoneridge
SRI
$200M
| $4.39M | ﹤0.01% |
699,838
+561,488
| +406% | +$4.31M |
|
1959
Ares Capital
ARCC
$13.4B
| $4.38M | ﹤0.01% |
199,872
-37,816
| -16% | -$816K |
|
1960
IonQ
IONQ
$11.9B
| $4.35M | ﹤0.01% |
+104,230
| New | +$2.61M |
|
1961
Brixmor Property Group
BRX
$9.72B
| $4.34M | ﹤0.01% |
155,739
+3,517
| +2% | +$99.7K |
|
|
DFS
1962
PUT
DELISTED
Discover Financial Services
DFS
| $4.33M | ﹤0.01% |
25,000
| – | – |
|
1963
Levi Strauss
LEVI
$9.49B
| $4.33M | ﹤0.01% |
250,315
-237,109
| -49% | -$4.2M |
|
1964
Triumph Financial Inc
TFIN
$1.81B
| $4.32M | ﹤0.01% |
47,506
+1,148
| +2% | +$107K |
|
1965
CALL
State Street
STT
$48.4B
| $4.3M | ﹤0.01% |
43,800
-3,000
| -6% | -$284K |
|
1966
SiteOne Landscape Supply
SITE
$4.09B
| $4.29M | ﹤0.01% |
32,589
+13,149
| +68% | +$1.9M |
|
1967
CALL
Papa John's
PZZA
$1.01B
| $4.29M | ﹤0.01% |
104,500
-20,000
| -16% | -$983K |
|
|
TBRG
1968
DELISTED
TruBridge
TBRG
| $4.29M | ﹤0.01% |
217,539
+16,821
| +8% | +$259K |
|
1969
CALL
Stryker
SYK
$135B
| $4.28M | ﹤0.01% |
11,900
+1,900
| +19% | +$704K |
|
|
ETWO
1970
DELISTED
E2open Parent Holdings
ETWO
| $4.28M | ﹤0.01% |
1,608,403
-63,402
| -4% | -$199K |
|
1971
Knowles
KN
$2.95B
| $4.27M | ﹤0.01% |
214,472
-103,929
| -33% | -$1.93M |
|
1972
MediaAlpha
MAX
$746M
| $4.27M | ﹤0.01% |
378,211
-102,360
| -21% | -$1.47M |
|
|
CNR
1973
CALL
Core Natural Resources Inc
CNR
$3.93B
| $4.26M | ﹤0.01% |
39,900
+11,900
| +43% | +$1.37M |
|
1974
CALL
ON Semiconductor
ON
$30.7B
| $4.24M | ﹤0.01% |
67,300
+37,500
| +126% | +$2.58M |
|
1975
CALL
CNX Resources
CNX
$4.91B
| $4.24M | ﹤0.01% |
115,600
+6,500
| +6% | +$239K |
|
Similar funds
D.E. Shaw & Co's Q4 2024 Portfolio in Review
As of Q4 2024, D.E. Shaw & Co held 5,079 positions worth $136B, up 17% from $116B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co deployed $10.6B of net new capital in Q4 2024, opening 591 new positions and adding to 1,620 existing holdings. Its largest new stake was Lam Research: 3,525,438 shares worth $255M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was NVIDIA, an estimated $964M trimmed.
- D.E. Shaw & Co's largest Q4 2024 buy was Lam Research: 3,525,438 shares worth $255M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $3.7B increase.
- D.E. Shaw & Co's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $964M.
- D.E. Shaw & Co fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $81.4M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $136B portfolio in Q4 2024.
- D.E. Shaw & Co opened 591 new positions and closed 731 in Q4 2024.
- D.E. Shaw & Co's portfolio value rose 17% quarter-over-quarter to $136B.
Based on D.E. Shaw & Co's 13F filing for Q4 2024, filed 14 Feb 2025.