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 | 6.45% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PCG.PRX
401
PG&E Corp 6.000% Series A Preferred Stock
PCG.PRX
$1.37B
| $58.4M | 0.05% |
1,325,000
-275,000
| -17% | -$11.8M |
|
402
LPL Financial
LPLA
$28.3B
| $58.3M | 0.05% |
178,183
-6,375
| -3% | -$2.22M |
|
403
PUT
Affirm
AFRM
$23.9B
| $58.2M | 0.05% |
1,286,900
-858,400
| -40% | -$50.9M |
|
404
CALL
Shopify
SHOP
$152B
| $57.6M | 0.05% |
603,400
+66,800
| +12% | +$7.28M |
|
405
CALL
Bank of Montreal
BMO
$126B
| $56.5M | 0.05% |
591,100
-214,100
| -27% | -$21.2M |
|
406
Upstart Holdings
UPST
$2.63B
| $56.3M | 0.05% |
1,223,923
-2,063,836
| -63% | -$128M |
|
407
Pacira BioSciences
PCRX
$1.04B
| $56.3M | 0.05% |
2,263,909
+6,435
| +0.3% | +$154K |
|
408
CALL
Broadcom
AVGO
$1.85T
| $56.1M | 0.05% |
335,200
-359,400
| -52% | -$76.1M |
|
409
Insmed
INSM
$21.4B
| $56.1M | 0.05% |
734,880
+226,093
| +44% | +$17.3M |
|
410
Monster Beverage
MNST
$94.3B
| $56M | 0.05% |
957,784
+889,899
| +1,311% | +$46.4M |
|
411
CALL
United Airlines
UAL
$39.4B
| $55.9M | 0.05% |
810,000
-225,100
| -22% | -$21.3M |
|
412
PUT
JPMorgan Chase
JPM
$935B
| $55.8M | 0.05% |
227,600
-111,400
| -33% | -$28.4M |
|
413
CALL
McDonald's
MCD
$192B
| $55.7M | 0.05% |
178,400
-227,400
| -56% | -$68M |
|
414
Cencora
COR
$60.6B
| $55.2M | 0.05% |
198,662
-8,709
| -4% | -$2.19M |
|
415
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $55.1M | 0.05% |
980,100
-70,000
| -7% | -$4.22M |
|
416
Yum! Brands
YUM
$42.2B
| $54.6M | 0.05% |
+347,279
| New | +$50M |
|
417
Zoetis
ZTS
$32.4B
| $54.5M | 0.05% |
331,269
+42,574
| +15% | +$7.08M |
|
418
PUT
Bristol-Myers Squibb
BMY
$133B
| $54.4M | 0.05% |
892,500
-1,930,600
| -68% | -$113M |
|
419
Comfort Systems
FIX
$60.9B
| $54.4M | 0.05% |
168,785
+84,882
| +101% | +$34.2M |
|
420
PUT
Delta Air Lines
DAL
$57.5B
| $54.1M | 0.05% |
1,240,600
+397,000
| +47% | +$23.5M |
|
421
Sibanye-Stillwater
SBSW
$6.26B
| $54.1M | 0.05% |
11,802,484
+5,260,627
| +80% | +$19.9M |
|
422
CALL
CVS Health
CVS
$133B
| $54M | 0.05% |
796,400
+136,000
| +21% | +$8.14M |
|
423
PUT
DoorDash
DASH
$85.5B
| $53.6M | 0.05% |
293,200
-70,700
| -19% | -$13.3M |
|
424
PUT
Amgen
AMGN
$208B
| $53.4M | 0.05% |
171,500
-4,500
| -3% | -$1.33M |
|
425
CALL
Walmart Inc
WMT
$885B
| $53.2M | 0.05% |
605,600
-196,000
| -24% | -$18.4M |
|
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.