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 | |
|---|---|---|---|---|---|---|
1976
PUT
TD Synnex
SNX
$19.9B
| $3.8M | ﹤0.01% |
33,600
| – | – |
|
1977
Weis Markets
WMK
$1.92B
| $3.8M | ﹤0.01% |
58,976
+27,845
| +89% | +$1.74M |
|
1978
PUT
Warner Bros
WBD
$64.3B
| $3.8M | ﹤0.01% |
434,800
+422,700
| +3,493% | +$4.07M |
|
1979
Babcock & Wilcox
BW
$1.18B
| $3.79M | ﹤0.01% |
3,355,971
+1,615,130
| +93% | +$2M |
|
1980
Fortrea Holdings
FTRE
$1.93B
| $3.79M | ﹤0.01% |
94,449
+37,041
| +65% | +$1.28M |
|
1981
Century Communities
CCS
$1.98B
| $3.78M | ﹤0.01% |
39,188
+16,928
| +76% | +$1.48M |
|
1982
Globalstar
GSAT
$10.1B
| $3.78M | ﹤0.01% |
171,471
+17,206
| +11% | +$417K |
|
1983
GeoPark
GPRK
$609M
| $3.78M | ﹤0.01% |
393,777
+187,218
| +91% | +$1.66M |
|
1984
The Joint Corp
JYNT
$119M
| $3.78M | ﹤0.01% |
289,433
-51,373
| -15% | -$531K |
|
1985
PUT
Fastly Inc
FSLY
$3.24B
| $3.78M | ﹤0.01% |
291,300
| – | – |
|
1986
PUT
Henry Schein
HSIC
$9.78B
| $3.78M | ﹤0.01% |
50,000
| – | – |
|
1987
Global X Copper Miners ETF NEW
COPX
$7.04B
| $3.77M | ﹤0.01% |
+88,901
| New | +$3.3M |
|
1988
Ryman Hospitality Properties
RHP
$8.56B
| $3.77M | ﹤0.01% |
32,614
+28,169
| +634% | +$3.23M |
|
|
CMA
1989
CALL
DELISTED
Comerica
CMA
| $3.74M | ﹤0.01% |
+68,100
| New | +$3.55M |
|
1990
Kite Realty
KRG
$5.86B
| $3.74M | ﹤0.01% |
172,720
+133,207
| +337% | +$2.87M |
|
1991
Digimarc Corp
DMRC
$143M
| $3.74M | ﹤0.01% |
137,746
-30,415
| -18% | -$1.05M |
|
1992
Upland Software
UPLD
$13.3M
| $3.74M | ﹤0.01% |
121,154
-5,777
| -5% | -$209K |
|
1993
Outset Medical
OM
$86.4M
| $3.74M | ﹤0.01% |
112,361
+56,911
| +103% | +$2.88M |
|
1994
PUT
Apollo Global Management
APO
$69B
| $3.73M | ﹤0.01% |
33,200
-36,500
| -52% | -$3.85M |
|
|
VBTX
1995
DELISTED
Veritex Holdings
VBTX
| $3.73M | ﹤0.01% |
182,113
+1,425
| +0.8% | +$29.5K |
|
1996
Ingevity
NGVT
$2.46B
| $3.73M | ﹤0.01% |
78,126
-19,796
| -20% | -$890K |
|
|
OLO
1997
DELISTED
Olo Inc
OLO
| $3.72M | ﹤0.01% |
678,432
+188,866
| +39% | +$1.03M |
|
1998
CALL
Vertex Pharmaceuticals
VRTX
$123B
| $3.72M | ﹤0.01% |
+8,900
| New | +$3.76M |
|
|
SEE
1999
CALL
DELISTED
Sealed Air
SEE
| $3.72M | ﹤0.01% |
100,000
-35,700
| -26% | -$1.28M |
|
2000
Webster Financial
WBS
$12.3B
| $3.72M | ﹤0.01% |
73,184
-2,408
| -3% | -$118K |
|
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.