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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Yelp
YELP
$1.38B
| $64.2M | 0.1% |
3,559,261
+541,014
| +18% | +$16.4M |
|
227
Vulcan Materials
VMC
$36.3B
| $64.1M | 0.1% |
593,363
+173,040
| +41% | +$22.1M |
|
228
Cardinal Health
CAH
$53.4B
| $64.1M | 0.1% |
1,336,442
-385,054
| -22% | -$20M |
|
229
PUT
FedEx
FDX
$74.5B
| $63.7M | 0.1% |
525,600
+91,300
| +21% | +$12.9M |
|
230
CALL
Charter Communications
CHTR
$14.7B
| $63.5M | 0.1% |
145,600
+11,500
| +9% | +$5.62M |
|
231
Carvana
CVNA
$43.3B
| $62.1M | 0.1% |
5,640,630
-2,593,590
| -31% | -$40.1M |
|
232
Edison International
EIX
$30.7B
| $61.9M | 0.1% |
1,130,477
+899,054
| +388% | +$62.3M |
|
233
Texas Instruments
TXN
$255B
| $60.2M | 0.09% |
602,627
+480,627
| +394% | +$57.7M |
|
234
IBM
IBM
$202B
| $60.2M | 0.09% |
567,758
+421,450
| +288% | +$53.3M |
|
235
Flex
FLEX
$43.4B
| $60.1M | 0.09% |
9,530,058
-7,059,261
| -43% | -$61.1M |
|
236
PUT
Booking.com
BKNG
$138B
| $60.1M | 0.09% |
1,117,500
-1,700,000
| -60% | -$119M |
|
237
Amdocs
DOX
$5.53B
| $60.1M | 0.09% |
1,092,816
-132,748
| -11% | -$8.9M |
|
238
Check Point Software Technologies
CHKP
$13.3B
| $59.7M | 0.09% |
593,934
-108,220
| -15% | -$11.6M |
|
239
Etsy
ETSY
$7.65B
| $59.6M | 0.09% |
1,551,683
+227,906
| +17% | +$11.1M |
|
|
240
CALL
Procter & Gamble
PG
$343B
| $59.6M | 0.09% |
541,700
-131,800
| -20% | -$15.8M |
|
|
INFO
241
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $59.4M | 0.09% |
989,842
+959,738
| +3,188% | +$69.1M |
|
242
Altria Group
MO
$122B
| $59.1M | 0.09% |
1,529,165
+1,046,980
| +217% | +$46.5M |
|
243
Veeva Systems
VEEV
$30.3B
| $59.1M | 0.09% |
377,886
-388,438
| -51% | -$56.9M |
|
244
CALL
Micron Technology
MU
$1.04T
| $59M | 0.09% |
1,403,000
-554,200
| -28% | -$28.8M |
|
|
245
PayPal
PYPL
$49.5B
| $58M | 0.09% |
606,119
-3,159,011
| -84% | -$349M |
|
246
Fortive
FTV
$19B
| $57.1M | 0.09% |
1,640,453
-94,899
| -5% | -$4.15M |
|
247
PUT
Morgan Stanley
MS
$337B
| $57M | 0.09% |
1,676,300
-586,000
| -26% | -$27.6M |
|
248
Zillow
ZG
$7.02B
| $56.9M | 0.09% |
1,675,800
+454,936
| +37% | +$20.9M |
|
249
CALL
Bristol-Myers Squibb
BMY
$127B
| $56.8M | 0.09% |
1,018,700
-35,200
| -3% | -$2.15M |
|
250
CALL
AT&T
T
$165B
| $56.5M | 0.09% |
2,568,295
-2,776,689
| -52% | -$75.9M |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.