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 |
GE Vernova
GEV
|
+$686M |
| 2 |
Walt Disney
DIS
|
+$555M |
| 3 |
Palantir
PLTR
|
+$522M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$493M |
| 5 |
TSMC
TSM
|
+$464M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$981M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$951M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$596M |
| 4 |
Eli Lilly
LLY
|
+$555M |
| 5 |
Arthur J. Gallagher & Co
AJG
|
+$499M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.18% |
| 2 | Healthcare | 9.91% |
| 3 | Consumer Discretionary | 9.25% |
| 4 | Financials | 6.44% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3476
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.83B
| $409K | ﹤0.01% |
13,025
-900
| -6% | -$27.7K |
|
3477
Simmons First National
SFNC
$3.47B
| $408K | ﹤0.01% |
+19,877
| New | +$431K |
|
3478
Idacorp
IDA
$8.29B
| $406K | ﹤0.01% |
3,497
+1,546
| +79% | +$173K |
|
3479
McDonald's
MCD
$195B
| $406K | ﹤0.01% |
1,300
-43,677
| -97% | -$13.1M |
|
|
RYZ
3480
Ryerson Holding Corp
RYZ
$1.43B
| $405K | ﹤0.01% |
17,654
-20,763
| -54% | -$465K |
|
|
BFS
3481
Saul Centers
BFS
$825M
| $403K | ﹤0.01% |
11,168
+4,055
| +57% | +$149K |
|
|
SAFE
3482
PUT
Safehold
SAFE
$1.15B
| $402K | ﹤0.01% |
+21,500
| New | +$378K |
|
3483
Vanguard Extended Market ETF
VXF
$31.3B
| $402K | ﹤0.01% |
+2,335
| New | +$442K |
|
3484
CALL
Fluor
FLR
$7.04B
| $401K | ﹤0.01% |
11,200
-37,100
| -77% | -$1.6M |
|
3485
CALL
HEICO Corp
HEI
$51.3B
| $401K | ﹤0.01% |
1,500
-1,100
| -42% | -$268K |
|
3486
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $400K | ﹤0.01% |
16,934
-7,812
| -32% | -$183K |
|
3487
PUT
Qfin Holdings
QFIN
$1.6B
| $400K | ﹤0.01% |
8,900
+2,300
| +35% | +$95.2K |
|
3488
CALL
Teladoc Health
TDOC
$1.26B
| $400K | ﹤0.01% |
50,200
-100,000
| -67% | -$1.01M |
|
3489
Valaris
VAL
$5.33B
| $399K | ﹤0.01% |
+10,153
| New | +$435K |
|
|
APLS
3490
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $398K | ﹤0.01% |
18,200
-13,500
| -43% | -$373K |
|
3491
Montauk Renewables
MNTK
$243M
| $398K | ﹤0.01% |
190,352
-26,599
| -12% | -$97.1K |
|
3492
CALL
Green Plains
GPRE
$1.15B
| $397K | ﹤0.01% |
81,900
-5,600
| -6% | -$40.1K |
|
|
ESPR
3493
DELISTED
Esperion Therapeutics
ESPR
| $397K | ﹤0.01% |
275,707
+24,115
| +10% | +$44.4K |
|
3494
CALL
Jack in the Box
JACK
$351M
| $397K | ﹤0.01% |
+14,600
| New | +$537K |
|
3495
Invesco KBW Property & Casualty Insurance ETF
KBWP
$275M
| $396K | ﹤0.01% |
3,178
| – | – |
|
3496
Dimensional Global Real Estate ETF
DFGR
$3.86B
| $395K | ﹤0.01% |
15,059
+2,855
| +23% | +$74.4K |
|
3497
CALL
Seadrill
SDRL
$2.6B
| $395K | ﹤0.01% |
+15,800
| New | +$489K |
|
3498
Mercantile Bank Corp
MBWM
$1.07B
| $395K | ﹤0.01% |
+9,091
| New | +$422K |
|
3499
First Trust Utilities AlphaDEX Fund
FXU
$821M
| $395K | ﹤0.01% |
9,627
-4,779
| -33% | -$189K |
|
3500
First Trust Technology AlphaDEX Fund
FXL
$2.71B
| $394K | ﹤0.01% |
2,982
| – | – |
|
Similar funds
D.E. Shaw & Co's Q1 2025 Portfolio in Review
As of Q1 2025, D.E. Shaw & Co held 4,902 positions worth $112B, down 18% from $136B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $21.6B in Q1 2025, closing 704 positions and reducing 1,734 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $951M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in KKR & Co 6.25% Series D Preferred Stock worth $88.2M.
- D.E. Shaw & Co's largest Q1 2025 buy was KKR & Co 6.25% Series D Preferred Stock: 1,800,000 shares worth $88.2M.
- D.E. Shaw & Co added most to GE Vernova in Q1 2025, an estimated $686M increase.
- D.E. Shaw & Co's biggest Q1 2025 reduction was Boeing, cutting an estimated $981M.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $951M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $112B portfolio in Q1 2025.
- D.E. Shaw & Co opened 569 new positions and closed 704 in Q1 2025.
- D.E. Shaw & Co's portfolio value fell 18% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q1 2025, filed 15 May 2025.