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 | |
|---|---|---|---|---|---|---|
2801
Strategic Education
STRA
$1.77B
| $675K | ﹤0.01% |
5,139
-2,005
| -28% | -$244K |
|
2802
Universal Corp
UVV
$1.34B
| $673K | ﹤0.01% |
11,676
-38,752
| -77% | -$2.23M |
|
2803
Ennis
EBF
$551M
| $670K | ﹤0.01% |
32,267
-19,344
| -37% | -$398K |
|
|
GHL
2804
DELISTED
Greenhill & Co., Inc.
GHL
| $667K | ﹤0.01% |
31,023
+331
| +1% | +$8.22K |
|
|
SIEN
2805
DELISTED
Sientra, Inc.
SIEN
| $664K | ﹤0.01% |
+7,743
| New | +$867K |
|
2806
Addus HomeCare
ADUS
$2.16B
| $659K | ﹤0.01% |
10,363
-6,636
| -39% | -$427K |
|
2807
PUT
Yelp
YELP
$1.46B
| $659K | ﹤0.01% |
+19,100
| New | +$691K |
|
|
PFC
2808
DELISTED
Premier Financial Corp. Common Stock
PFC
| $657K | ﹤0.01% |
22,849
+7,476
| +49% | +$216K |
|
|
ACB
2809
Aurora Cannabis
ACB
$170M
| $656K | ﹤0.01% |
604
-17,003
| -97% | -$15.2M |
|
2810
Lakeland Financial Corp
LKFN
$1.54B
| $655K | ﹤0.01% |
14,500
-9,667
| -40% | -$441K |
|
2811
Titan Machinery
TITN
$463M
| $653K | ﹤0.01% |
41,993
-67,682
| -62% | -$1.25M |
|
2812
Parker-Hannifin
PH
$124B
| $652K | ﹤0.01% |
3,800
-10,296
| -73% | -$1.71M |
|
2813
CALL
Match Group
MTCH
$9.07B
| $651K | ﹤0.01% |
11,500
+5,200
| +83% | +$275K |
|
|
CHK
2814
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $651K | ﹤0.01% |
1,050
-35
| -3% | -$19.6K |
|
2815
Hormel Foods
HRL
$14.3B
| $650K | ﹤0.01% |
14,518
-29,472
| -67% | -$1.26M |
|
2816
Wendy's
WEN
$1.43B
| $649K | ﹤0.01% |
36,288
-923,439
| -96% | -$15.7M |
|
2817
PUT
Allegiant Air
ALGT
$2.68B
| $647K | ﹤0.01% |
5,000
-15,000
| -75% | -$1.91M |
|
2818
Culp Inc
CULP
$46.1M
| $646K | ﹤0.01% |
33,600
+6,925
| +26% | +$129K |
|
|
NAV
2819
CALL
DELISTED
Navistar International
NAV
| $646K | ﹤0.01% |
20,000
| – | – |
|
|
NAV
2820
PUT
DELISTED
Navistar International
NAV
| $646K | ﹤0.01% |
20,000
| – | – |
|
|
NE
2821
DELISTED
Noble Corporation
NE
| $645K | ﹤0.01% |
224,590
-813,735
| -78% | -$2.53M |
|
2822
Goosehead Insurance
GSHD
$1.47B
| $644K | ﹤0.01% |
+23,089
| New | +$661K |
|
2823
CALL
M&T Bank
MTB
$35.9B
| $644K | ﹤0.01% |
+4,100
| New | +$673K |
|
2824
PUT
Fastenal
FAST
$54.3B
| $643K | ﹤0.01% |
+40,000
| New | +$602K |
|
2825
National Bank Holdings
NBHC
$1.91B
| $643K | ﹤0.01% |
19,320
-21,036
| -52% | -$704K |
|
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.