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 | |
|---|---|---|---|---|---|---|
2526
FMC
FMC
$1.37B
| $1.02M | ﹤0.01% |
20,503
-22,382
| -52% | -$1.17M |
|
|
AIFU
2527
AIFU Inc
AIFU
$190M
| $1.02M | ﹤0.01% |
295
-262
| -47% | -$858K |
|
|
BITA
2528
CALL
DELISTED
Bitauto Holdings Limited
BITA
| $1.02M | ﹤0.01% |
20,000
-35,000
| -64% | -$2.14M |
|
|
TXNM
2529
TXNM Energy Inc
TXNM
$6.43B
| $1.02M | ﹤0.01% |
34,830
-71,201
| -67% | -$2.07M |
|
2530
Korn Ferry
KFY
$4.26B
| $1.01M | ﹤0.01% |
30,807
-65,942
| -68% | -$2M |
|
|
MBT
2531
PUT
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $1.01M | ﹤0.01% |
+100,000
| New | +$905K |
|
2532
FirstCash
FCFS
$9.06B
| $1M | ﹤0.01% |
+21,602
| New | +$1.07M |
|
|
STL
2533
DELISTED
Sterling Bancorp
STL
| $1M | ﹤0.01% |
+74,840
| New | +$1.02M |
|
2534
3M
MMM
$94.1B
| $1M | ﹤0.01% |
7,262
-67,820
| -90% | -$9.34M |
|
|
RENT
2535
DELISTED
RENTRAK CORP
RENT
| $1M | ﹤0.01% |
18,000
+13,700
| +319% | +$861K |
|
2536
Crane NXT
CXT
$3.14B
| $998K | ﹤0.01% |
46,044
-217,963
| -83% | -$4.75M |
|
|
AUQ
2537
DELISTED
AURICO GOLD INC COM
AUQ
| $998K | ﹤0.01% |
360,297
-292,683
| -45% | -$1.02M |
|
2538
PUT
CSX Corp
CSX
$94.2B
| $994K | ﹤0.01% |
90,000
-167,400
| -65% | -$1.93M |
|
|
IMMU
2539
DELISTED
Immunomedics Inc
IMMU
| $992K | ﹤0.01% |
258,978
+157,600
| +155% | +$685K |
|
2540
MSC Industrial Direct
MSM
$6.97B
| $991K | ﹤0.01% |
+13,719
| New | +$1.02M |
|
2541
CALL
Ingles Markets
IMKTA
$1.71B
| $990K | ﹤0.01% |
+20,000
| New | +$899K |
|
|
2542
PUT
Ingles Markets
IMKTA
$1.71B
| $990K | ﹤0.01% |
+20,000
| New | +$899K |
|
|
ZGNX
2543
DELISTED
Zogenix, Inc.
ZGNX
| $988K | ﹤0.01% |
90,152
-87,040
| -49% | -$985K |
|
|
ESRX
2544
DELISTED
Express Scripts Holding Company
ESRX
| $985K | ﹤0.01% |
11,355
-53,635
| -83% | -$4.5M |
|
|
ACTA
2545
DELISTED
Actua Corp
ACTA
| $981K | ﹤0.01% |
63,311
+19,820
| +46% | +$319K |
|
2546
Kodak
KODK
$812M
| $980K | ﹤0.01% |
51,611
-15,003
| -23% | -$285K |
|
2547
PUT
Vodafone
VOD
$37.7B
| $980K | ﹤0.01% |
30,000
-87,520
| -74% | -$3.01M |
|
|
ASRT
2548
CALL
DELISTED
Assertio
ASRT
| $979K | ﹤0.01% |
728
+458
| +170% | +$564K |
|
|
MCF
2549
PUT
DELISTED
Contango Oil & Gas Co.
MCF
| $979K | ﹤0.01% |
44,500
| – | – |
|
|
MXIM
2550
CALL
DELISTED
Maxim Integrated Products
MXIM
| $975K | ﹤0.01% |
28,000
| – | – |
|
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.