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 | |
|---|---|---|---|---|---|---|
2476
Pilgrim's Pride
PPC
$7.11B
| $2M | ﹤0.01% |
36,709
-76,591
| -68% | -$3.83M |
|
|
THRD
2477
DELISTED
Third Harmonic Bio
THRD
| $1.99M | ﹤0.01% |
573,334
+562,334
| +5,112% | +$2.73M |
|
|
CIO
2478
DELISTED
City Office REIT
CIO
| $1.99M | ﹤0.01% |
382,867
-38,759
| -9% | -$199K |
|
2479
Erie Indemnity
ERIE
$12.9B
| $1.98M | ﹤0.01% |
+4,735
| New | +$1.93M |
|
|
IPEX
2480
Inflection Point Acquisition Corp V
IPEX
$126M
| $1.98M | ﹤0.01% |
+200,000
| New | +$1.98M |
|
2481
Park National Corp
PRK
$3.86B
| $1.98M | ﹤0.01% |
+13,086
| New | +$2.15M |
|
2482
CALL
Pitney Bowes
PBI
$2.4B
| $1.98M | ﹤0.01% |
+218,900
| New | +$1.98M |
|
2483
PUT
FMC
FMC
$1.25B
| $1.98M | ﹤0.01% |
46,900
-72,100
| -61% | -$3.2M |
|
2484
LegalZoom.com
LZ
$1.44B
| $1.98M | ﹤0.01% |
229,695
-323,334
| -58% | -$2.89M |
|
2485
City Holding Co
CHCO
$2.05B
| $1.98M | ﹤0.01% |
16,834
+12,664
| +304% | +$1.49M |
|
|
CEP
2486
DELISTED
Cantor Equity Partners
CEP
| $1.97M | ﹤0.01% |
183,593
| – | – |
|
2487
iShares MSCI Taiwan ETF
EWT
$9.17B
| $1.97M | ﹤0.01% |
41,494
-6,851
| -14% | -$352K |
|
|
DMC
2488
Del Monte Corp
DMC
$1.42B
| $1.96M | ﹤0.01% |
63,675
+5,110
| +9% | +$157K |
|
|
SOHU
2489
Sohu.com
SOHU
$355M
| $1.96M | ﹤0.01% |
148,652
-10,976
| -7% | -$147K |
|
|
TE
2490
T1 Energy
TE
$1.04B
| $1.96M | ﹤0.01% |
1,552,953
+94,486
| +6% | +$174K |
|
2491
PUT
Realty Income
O
$61.1B
| $1.95M | ﹤0.01% |
33,700
-13,800
| -29% | -$764K |
|
2492
Oppenheimer Holdings
OPY
$1.18B
| $1.95M | ﹤0.01% |
32,739
-1,104
| -3% | -$71.4K |
|
2493
PUT
Novartis
NVS
$302B
| $1.95M | ﹤0.01% |
17,500
-1,300
| -7% | -$138K |
|
2494
SouthState Bank Corp
SSB
$10.3B
| $1.95M | ﹤0.01% |
+21,010
| New | +$2.07M |
|
2495
CALL
Expedia Group
EXPE
$36.5B
| $1.95M | ﹤0.01% |
11,600
| – | – |
|
2496
PUT
Air Products & Chemicals
APD
$65.5B
| $1.95M | ﹤0.01% |
6,600
-13,400
| -67% | -$4.13M |
|
2497
CALL
C.H. Robinson
CHRW
$20.5B
| $1.95M | ﹤0.01% |
19,000
-71,400
| -79% | -$7.22M |
|
2498
Herbalife
HLF
$1.29B
| $1.94M | ﹤0.01% |
225,231
-28,662
| -11% | -$204K |
|
2499
Thryv Holdings
THRY
$182M
| $1.94M | ﹤0.01% |
151,443
-7,889
| -5% | -$131K |
|
2500
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.35B
| $1.94M | ﹤0.01% |
13,831
+9,989
| +260% | +$1.49M |
|
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.