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 |
Pfizer
PFE
|
+$436M |
| 2 |
AbbVie
ABBV
|
+$407M |
| 3 |
Johnson & Johnson
JNJ
|
+$295M |
| 4 |
Gilead Sciences
GILD
|
+$267M |
| 5 |
Starbucks
SBUX
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$407M |
| 2 |
Booking.com
BKNG
|
+$400M |
| 3 |
Citigroup
C
|
+$314M |
| 4 |
SHPG
Shire pic
SHPG
|
+$276M |
| 5 |
PayPal
PYPL
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.47% |
| 2 | Consumer Discretionary | 13.31% |
| 3 | Healthcare | 13.17% |
| 4 | Financials | 7.14% |
| 5 | Industrials | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
CALL
American Express
AXP
$227B
| $2.52M | ﹤0.01% |
23,100
+500
| +2% | +$52.5K |
|
1952
PUT
Wayfair
W
$11.5B
| $2.52M | ﹤0.01% |
17,000
-23,800
| -58% | -$3.1M |
|
|
SFLY
1953
CALL
DELISTED
Shutterfly, Inc.
SFLY
| $2.52M | ﹤0.01% |
61,900
-16,800
| -21% | -$738K |
|
|
TTM
1954
PUT
DELISTED
Tata Motors Limited
TTM
| $2.52M | ﹤0.01% |
200,200
| – | – |
|
|
PBPB
1955
DELISTED
Potbelly
PBPB
| $2.51M | ﹤0.01% |
295,409
+96,335
| +48% | +$814K |
|
1956
PUT
Zebra Technologies
ZBRA
$13.8B
| $2.51M | ﹤0.01% |
+12,000
| New | +$2.26M |
|
1957
Ryder
R
$9.98B
| $2.51M | ﹤0.01% |
40,544
-70,649
| -64% | -$4.13M |
|
1958
Sportsman's Warehouse
SPWH
$44.5M
| $2.51M | ﹤0.01% |
523,484
+153,050
| +41% | +$824K |
|
|
FPI
1959
Farmland Partners
FPI
$410M
| $2.51M | ﹤0.01% |
392,526
+62,110
| +19% | +$352K |
|
1960
CALL
Diamondback Energy
FANG
$56.5B
| $2.51M | ﹤0.01% |
24,700
+11,200
| +83% | +$1.15M |
|
1961
MediciNova
MNOV
$66.4M
| $2.5M | ﹤0.01% |
302,080
+35,737
| +13% | +$312K |
|
|
ICPT
1962
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.5M | ﹤0.01% |
22,303
-191,037
| -90% | -$20.9M |
|
1963
PUT
Packaging Corp of America
PKG
$21.9B
| $2.48M | ﹤0.01% |
25,000
| – | – |
|
1964
Andersons Inc
ANDE
$2.41B
| $2.48M | ﹤0.01% |
77,025
+25,869
| +51% | +$897K |
|
|
CDR
1965
DELISTED
Cedar Realty Trust, Inc
CDR
| $2.48M | ﹤0.01% |
110,665
+45,404
| +70% | +$1.02M |
|
1966
First Busey Corp
BUSE
$2.56B
| $2.48M | ﹤0.01% |
101,592
+13,712
| +16% | +$356K |
|
1967
Digi International
DGII
$2.59B
| $2.48M | ﹤0.01% |
195,536
-28,913
| -13% | -$361K |
|
1968
Ternium
TX
$9.62B
| $2.48M | ﹤0.01% |
90,969
-220,739
| -71% | -$6.41M |
|
1969
Customers Bancorp
CUBI
$2.64B
| $2.47M | ﹤0.01% |
135,118
-44,323
| -25% | -$884K |
|
|
NEX
1970
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $2.46M | ﹤0.01% |
225,491
+65,623
| +41% | +$661K |
|
1971
PUT
Canadian Solar
CSIQ
$999M
| $2.45M | ﹤0.01% |
131,700
+41,200
| +46% | +$847K |
|
|
AIFA
1972
All In FutureTech Alliance Inc
AIFA
$9.95M
| $2.45M | ﹤0.01% |
40,000
| – | – |
|
1973
PUT
Bunge Global
BG
$20.2B
| $2.45M | ﹤0.01% |
46,100
+36,100
| +361% | +$1.92M |
|
1974
Lam Research
LRCX
$380B
| $2.44M | ﹤0.01% |
136,570
-322,860
| -70% | -$5.39M |
|
1975
Univest Financial
UVSP
$1.22B
| $2.44M | ﹤0.01% |
99,983
+54,123
| +118% | +$1.32M |
|
Similar funds
D.E. Shaw & Co's Q1 2019 Portfolio in Review
As of Q1 2019, D.E. Shaw & Co held 4,169 positions worth $77.4B, up 6.6% from $72.6B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
D.E. Shaw & Co withdrew a net $6.74B in Q1 2019, closing 617 positions and reducing 1,599 holdings. Its most notable exit was Shire pic, an estimated $276M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Lyft worth $159M.
- D.E. Shaw & Co's largest Q1 2019 buy was Lyft: 2,245,851 shares worth $159M.
- D.E. Shaw & Co added most to Pfizer in Q1 2019, an estimated $436M increase.
- D.E. Shaw & Co's biggest Q1 2019 reduction was Bristol-Myers Squibb, cutting an estimated $407M.
- D.E. Shaw & Co fully exited Shire pic in Q1 2019, selling an estimated $276M.
- D.E. Shaw & Co's ten largest holdings make up 9% of its $77.4B portfolio in Q1 2019.
- D.E. Shaw & Co opened 447 new positions and closed 617 in Q1 2019.
- D.E. Shaw & Co's portfolio value rose 6.6% quarter-over-quarter to $77.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2019, filed 15 May 2019.