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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$345M |
| 2 |
Biogen
BIIB
|
+$281M |
| 3 |
Bausch Health
BHC
|
+$244M |
| 4 |
SPDR Gold Trust
GLD
|
+$238M |
| 5 |
Coca-Cola
KO
|
+$206M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$397M |
| 2 |
AGN
Allergan Inc
AGN
|
+$374M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$347M |
| 4 |
Microsoft
MSFT
|
+$265M |
| 5 |
IBM
IBM
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.69% |
| 2 | Consumer Discretionary | 9.53% |
| 3 | Technology | 9.28% |
| 4 | Healthcare | 8.29% |
| 5 | Financials | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Titan Machinery
TITN
$458M
| $1.05M | ﹤0.01% |
78,758
+25,016
| +47% | +$338K |
|
2502
The Bancorp
TBBK
$2.86B
| $1.05M | ﹤0.01% |
116,113
+8,103
| +8% | +$73.8K |
|
2503
Church & Dwight Co
CHD
$23.7B
| $1.05M | ﹤0.01% |
+24,510
| New | +$1.02M |
|
2504
Perdoceo Education
PRDO
$2.06B
| $1.05M | ﹤0.01% |
207,948
-229,195
| -52% | -$1.32M |
|
2505
CALL
Alnylam Pharmaceuticals
ALNY
$38.5B
| $1.04M | ﹤0.01% |
+10,000
| New | +$1.01M |
|
2506
CALL
Agilent Technologies
A
$39.7B
| $1.04M | ﹤0.01% |
25,100
-46,700
| -65% | -$1.89M |
|
2507
Tower Semiconductor
TSEM
$22.9B
| $1.04M | ﹤0.01% |
+61,401
| New | +$942K |
|
|
WCG
2508
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.04M | ﹤0.01% |
11,400
-19,400
| -63% | -$1.62M |
|
|
AREX
2509
PUT
DELISTED
Approach Resources Inc.
AREX
| $1.04M | ﹤0.01% |
158,200
-8,000
| -5% | -$55K |
|
2510
Annaly Capital Management
NLY
$17.4B
| $1.04M | ﹤0.01% |
25,044
+13,786
| +122% | +$586K |
|
2511
CALL
SM Energy
SM
$7.11B
| $1.03M | ﹤0.01% |
20,000
-50,000
| -71% | -$2.17M |
|
|
NMBL
2512
DELISTED
Nimble Storage, Inc.
NMBL
| $1.03M | ﹤0.01% |
+46,334
| New | +$1.13M |
|
2513
Arrowhead Research
ARWR
$12.1B
| $1.03M | ﹤0.01% |
152,542
-169,528
| -53% | -$1.2M |
|
|
HT
2514
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.03M | ﹤0.01% |
39,878
-10,214
| -20% | -$274K |
|
2515
Main Street Capital
MAIN
$5.14B
| $1.03M | ﹤0.01% |
+33,311
| New | +$1M |
|
2516
Maximus
MMS
$3.31B
| $1.03M | ﹤0.01% |
15,418
-93,581
| -86% | -$5.56M |
|
2517
Cboe Global Markets
CBOE
$31.1B
| $1.03M | ﹤0.01% |
+17,900
| New | +$1.12M |
|
|
QLTI
2518
DELISTED
QLT Inc
QLTI
| $1.03M | ﹤0.01% |
262,520
-30,318
| -10% | -$125K |
|
2519
Pathward Financial
CASH
$1.87B
| $1.03M | ﹤0.01% |
+77,493
| New | +$916K |
|
2520
CALL
Owens Corning
OC
$11.5B
| $1.02M | ﹤0.01% |
23,600
-23,700
| -50% | -$940K |
|
|
RC
2521
Ready Capital
RC
$261M
| $1.02M | ﹤0.01% |
57,247
-151
| -0.3% | -$2.65K |
|
|
KSU
2522
CALL
DELISTED
Kansas City Southern
KSU
| $1.02M | ﹤0.01% |
10,000
-1,200
| -11% | -$136K |
|
|
DNKN
2523
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $1.02M | ﹤0.01% |
+21,463
| New | +$996K |
|
2524
PUT
Keysight
KEYS
$52.2B
| $1.02M | ﹤0.01% |
27,450
-64,700
| -70% | -$2.33M |
|
|
PGN
2525
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $1.02M | ﹤0.01% |
785,065
-714,935
| -48% | -$1.51M |
|
Similar funds
D.E. Shaw & Co's Q1 2015 Portfolio in Review
As of Q1 2015, D.E. Shaw & Co held 4,408 positions worth $65.3B, down 16% from $77.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $15B in Q1 2015, closing 828 positions and reducing 1,784 holdings. Its most notable exit was Allergan Inc, an estimated $374M position sold in full.
By sector, the portfolio is most concentrated in Energy at 9.7% of assets, up from 8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, D.E. Shaw & Co opened a new position in SPDR Gold Trust worth $231M.
- D.E. Shaw & Co's largest Q1 2015 buy was SPDR Gold Trust: 2,033,000 shares worth $231M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $345M increase.
- D.E. Shaw & Co's biggest Q1 2015 reduction was LyondellBasell Industries, cutting an estimated $397M.
- D.E. Shaw & Co fully exited Allergan Inc in Q1 2015, selling an estimated $374M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $65.3B portfolio in Q1 2015.
- D.E. Shaw & Co opened 448 new positions and closed 828 in Q1 2015.
- D.E. Shaw & Co's portfolio value fell 16% quarter-over-quarter to $65.3B.
Based on D.E. Shaw & Co's 13F filing for Q1 2015, filed 15 May 2015.