D. E. SHAW & COMPANY ., INC.
NEW YORK NY
Investment Advisor
Hedge Fund
D. E. Shaw & Company . is based out of New York and is run by David Shaw. D. E. Shaw & Company . is a hedge fund with 31 clients and discretionary assets under management (AUM) of $120,474,556,565 (Form ADV from 2024-06-05). Their last reported 13F filing for Q2 2024 included $106,924,531,877 in managed 13F securities
and a top 10 holdings concentration of 11.08%. D. E. Shaw & Company .'s largest holding is Microsoft Corp. with shares held of 5,126,462. Whalewisdom has at least 133 13F filings, and 1 13G filings
Business Description
The advisory business involves providing investment advice to clients, including DESCO Favorable Entities. The advisor and its related persons are expected to devote a substantial amount of their time and effort to other activities, including the business and affairs of DESCO Favorable Entities. This can lead to conflicts of interest, as information and expertise gained from one client may be used to benefit other activities, potentially at the expense of the original client.
The advisor has a Code of Ethics that outlines the standards of business conduct for all supervised persons. These principles include acting in the best interests of clients, avoiding conflicts of interest, maintaining confidentiality, and providing accurate disclosure. The advisor believes that these principles help them fulfill their obligations to clients.
Investment Strategy
The Adviser employs three main investment strategies: systematic, discretionary, and hybrid. Systematic strategies rely heavily on quantitative models and computer software to identify undervalued and overvalued securities, manage portfolio risk, and minimize transaction costs. These strategies are driven by data analysis and algorithms, rather than human judgment about the underlying assets.
Discretionary strategies, on the other hand, are based on the expertise of professionals who analyze specific companies, resources, industries, economies, and entrepreneurial opportunities. These strategies involve human judgment and experience in making investment decisions. Hybrid strategies combine elements of both systematic and discretionary approaches, leveraging the strengths of both quantitative analysis and human expertise.
Owners
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| AVGO Broadcom Ltd. (Avago | 0.62% |
| ACN Accenture Plc | 0.44% |
| ADBE Adobe Systems, Inc. | 0.42% |
| INTC Intel Corp. | 0.38% |
| EMB iShares J.P. Morgan | 0.24% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| QQQ Invesco QQQ Trust, S (PUT) | 0.54% |
| NVDA NVIDIA Corp. | 0.51% |
| PXD Pioneer Natural Reso | 0.46% |
| NFLX Netflix Inc | 0.44% |
| UBER Uber Technologies In | 0.4% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| MSFT Microsoft Corp. | 2.14% |
| AAPL Apple Inc | 1.97% |
| NVDA NVIDIA Corp. | 1.3% |
| AMZN Amazon.com Inc. | 1.2% |
| V VISA Inc | 0.86% |
Daniel R. Marcus signs this Report as Attorney-in-Fact for David E. Shaw, President of D. E. Shaw Co., Inc. D. E. Shaw Co., Inc. may be deemed an institutional investment manager in its capacity as the general partner of D. E. Shaw Co., L.P., which in turn is the managing member of certain other affiliated institutional investment managers. D. E. Shaw Co., Inc. does not exercise investment or voting discretion, and therefore disclaims such discretion, with respect to Section 13(f) securities. D. E. Shaw Co., L.P. may be deemed to exercise investment or voting discretion for affiliated institutional investment managers. D. E. Shaw Co., L.P. does not exercise investment or voting discretion, and therefore disclaims such discretion, with respect to Section 13(f) securities over which such affiliated institutional investment managers exercise investment or voting discretion.
2024-06-30
13F Activity
| Market Value | $107b, Prior: $117b |
| Inflows (Outflows) as % of Total MV | (-10.7561)% |
| New Purchases | 711 stocks |
| Added To | 1635 stocks |
| Sold out of | 565 stocks |
| Reduced holdings in | 1593 stocks |
| Top 10 Holdings % | 11.08% |
| Turnover %[1] | 25.53% |
| Turnover Alt %[2] | 21.18% |
| Time Held Top 20 | 5.55 quarters |
| Time Held Top 10 | 6.3 quarters |
| Time Held All | 16.58 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30