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 | |
|---|---|---|---|---|---|---|
676
Oshkosh
OSK
$8.79B
| $29.6M | 0.03% |
315,015
+296,001
| +1,557% | +$29.6M |
|
677
Boston Beer
SAM
$1.91B
| $29.5M | 0.03% |
123,612
+7,143
| +6% | +$1.74M |
|
678
Canadian National Railway
CNI
$76.9B
| $29.4M | 0.03% |
301,772
-289,043
| -49% | -$29.2M |
|
679
Owens Corning
OC
$11.2B
| $29.3M | 0.03% |
+205,424
| New | +$34M |
|
680
Lumen
LUMN
$6.57B
| $29.2M | 0.03% |
7,456,930
+3,555,906
| +91% | +$17.7M |
|
|
GTLS.PRB
681
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
| $29.2M | 0.03% |
527,000
+477,000
| +954% | +$32.7M |
|
682
Comcast
CMCSA
$85B
| $29.1M | 0.03% |
789,394
-56,582
| -7% | -$2.04M |
|
683
Middleby
MIDD
$6.04B
| $29.1M | 0.03% |
191,242
+102,744
| +116% | +$16.1M |
|
684
Verizon
VZ
$195B
| $28.7M | 0.03% |
633,764
-3,041,745
| -83% | -$127M |
|
685
Camping World
CWH
$639M
| $28.7M | 0.03% |
1,776,585
-59,648
| -3% | -$1.22M |
|
686
Baytex Energy
BTE
$3.25B
| $28.4M | 0.03% |
12,755,969
+9,295,436
| +269% | +$22.1M |
|
687
ARK Innovation ETF
ARKK
$5.64B
| $28.4M | 0.03% |
596,173
+559,840
| +1,541% | +$32.1M |
|
688
Veralto
VLTO
$23B
| $28.4M | 0.03% |
290,935
+74,417
| +34% | +$7.43M |
|
689
PUT
Marvell Technology
MRVL
$168B
| $28.3M | 0.03% |
459,100
-712,100
| -61% | -$69.1M |
|
690
LKQ Corp
LKQ
$5.68B
| $28.2M | 0.03% |
663,094
-769,630
| -54% | -$30.5M |
|
|
X
691
CALL
DELISTED
US Steel
X
| $28.1M | 0.03% |
665,400
-615,100
| -48% | -$23.3M |
|
692
O'Reilly Automotive
ORLY
$72.9B
| $28M | 0.03% |
293,670
+286,125
| +3,792% | +$24.9M |
|
693
Ezcorp Inc
EZPW
$1.83B
| $27.9M | 0.02% |
1,895,840
+288,553
| +18% | +$3.81M |
|
694
PROG Holdings
PRG
$1.75B
| $27.8M | 0.02% |
1,045,712
+191,223
| +22% | +$6.76M |
|
695
Range Resources
RRC
$9.38B
| $27.6M | 0.02% |
692,073
-1,209,435
| -64% | -$46.5M |
|
|
KDK
696
Kodiak AI
KDK
$840M
| $27.6M | 0.02% |
2,475,000
| – | – |
|
697
LyondellBasell Industries
LYB
$20B
| $27.5M | 0.02% |
390,490
+110,962
| +40% | +$8.35M |
|
698
SPS Commerce
SPSC
$2.64B
| $27.5M | 0.02% |
207,084
+45,130
| +28% | +$7.09M |
|
699
Dropbox
DBX
$7.6B
| $27.5M | 0.02% |
1,027,762
+721,879
| +236% | +$21M |
|
700
CALL
Albemarle
ALB
$13.9B
| $27.4M | 0.02% |
381,100
-50,100
| -12% | -$4.08M |
|
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.