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 | |
|---|---|---|---|---|---|---|
2701
United Parcel Service
UPS
$96B
| $779K | ﹤0.01% |
6,975
-250,066
| -97% | -$26.5M |
|
2702
EPAM Systems
EPAM
$4.92B
| $776K | ﹤0.01% |
4,589
-1,111
| -19% | -$167K |
|
2703
Kroger
KR
$35.5B
| $772K | ﹤0.01% |
+31,400
| New | +$860K |
|
2704
PUT
Floor & Decor
FND
$5.99B
| $771K | ﹤0.01% |
18,700
| – | – |
|
2705
Sunrun
RUN
$2.38B
| $771K | ﹤0.01% |
54,852
-161,050
| -75% | -$2.22M |
|
|
ANAT
2706
DELISTED
American National Group, Inc. Common Stock
ANAT
| $771K | ﹤0.01% |
6,384
+207
| +3% | +$28.4K |
|
|
AXAS
2707
DELISTED
Abraxas Petroleum Corp
AXAS
| $771K | ﹤0.01% |
30,855
+10,940
| +55% | +$277K |
|
|
PARA
2708
CALL
DELISTED
Paramount Global Class B
PARA
| $770K | ﹤0.01% |
16,200
+7,200
| +80% | +$351K |
|
2709
PRA Group
PRAA
$683M
| $769K | ﹤0.01% |
28,667
+7,891
| +38% | +$228K |
|
2710
CALL
Steris
STE
$21.3B
| $768K | ﹤0.01% |
6,000
-6,100
| -50% | -$718K |
|
|
HZN
2711
DELISTED
Horizon Global Corporation
HZN
| $768K | ﹤0.01% |
395,689
-12,986
| -3% | -$28K |
|
|
CNSL
2712
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $767K | ﹤0.01% |
70,302
-19,266
| -22% | -$201K |
|
|
FSP
2713
Franklin Street Properties
FSP
$45.7M
| $766K | ﹤0.01% |
106,441
-94,667
| -47% | -$680K |
|
2714
Orion Group Holdings
ORN
$503M
| $765K | ﹤0.01% |
262,186
+38,095
| +17% | +$160K |
|
2715
Hawkins
HWKN
$2.94B
| $763K | ﹤0.01% |
41,450
-8,490
| -17% | -$173K |
|
2716
CALL
Canadian Pacific Kansas City
CP
$81.1B
| $762K | ﹤0.01% |
+18,500
| New | +$742K |
|
2717
PUT
Xerox
XRX
$357M
| $761K | ﹤0.01% |
23,800
| – | – |
|
2718
CALL
Wingstop
WING
$3.74B
| $760K | ﹤0.01% |
+10,000
| New | +$682K |
|
2719
PUT
Crown Holdings
CCK
$12.9B
| $759K | ﹤0.01% |
13,900
-31,200
| -69% | -$1.61M |
|
2720
Vipshop
VIPS
$7.08B
| $758K | ﹤0.01% |
94,403
-575,121
| -86% | -$4.07M |
|
2721
Upland Software
UPLD
$13.1M
| $757K | ﹤0.01% |
+1,788
| New | +$608K |
|
2722
Forrester Research
FORR
$185M
| $756K | ﹤0.01% |
+15,631
| New | +$728K |
|
|
VIVS
2723
VivoSim Labs
VIVS
$1.36M
| $756K | ﹤0.01% |
3,177
+1,555
| +96% | +$392K |
|
|
TRCO
2724
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $755K | ﹤0.01% |
16,374
-33,947
| -67% | -$1.56M |
|
2725
Roper Technologies
ROP
$37.1B
| $752K | ﹤0.01% |
2,200
-900
| -29% | -$273K |
|
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.