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 | |
|---|---|---|---|---|---|---|
2826
Arbor Realty Trust
ABR
$979M
| $1.24M | ﹤0.01% |
105,580
-97,254
| -48% | -$1.26M |
|
2827
PUT
Newell Brands
NWL
$2.24B
| $1.24M | ﹤0.01% |
200,000
-2,000
| -1% | -$16K |
|
2828
PUT
Asbury Automotive
ABG
$4.49B
| $1.24M | ﹤0.01% |
5,600
-3,600
| -39% | -$939K |
|
|
GDEN
2829
DELISTED
Golden Entertainment
GDEN
| $1.24M | ﹤0.01% |
46,840
-35,991
| -43% | -$1.11M |
|
2830
IBEX
IBEX
$480M
| $1.23M | ﹤0.01% |
50,641
-13,191
| -21% | -$316K |
|
2831
PUT
Patterson-UTI
PTEN
$3.48B
| $1.23M | ﹤0.01% |
150,000
-499,700
| -77% | -$4.19M |
|
2832
Cincinnati Financial
CINF
$28B
| $1.23M | ﹤0.01% |
8,343
-25,239
| -75% | -$3.55M |
|
2833
Sphere Entertainment
SPHR
$5.06B
| $1.23M | ﹤0.01% |
37,658
+16,408
| +77% | +$667K |
|
2834
PUT
Canadian Natural Resources
CNQ
$92.2B
| $1.23M | ﹤0.01% |
40,000
-468,700
| -92% | -$14.2M |
|
|
2835
PUT
Sphere Entertainment
SPHR
$5.06B
| $1.23M | ﹤0.01% |
37,600
+20,500
| +120% | +$833K |
|
2836
Seagate
STX
$169B
| $1.23M | ﹤0.01% |
14,472
-140,586
| -91% | -$13.3M |
|
2837
UDR
UDR
$12.7B
| $1.23M | ﹤0.01% |
+27,175
| New | +$1.16M |
|
|
GRP.U
2838
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $1.22M | ﹤0.01% |
26,268
-19,000
| -42% | -$907K |
|
|
FL
2839
CALL
DELISTED
Foot Locker
FL
| $1.22M | ﹤0.01% |
86,700
-62,100
| -42% | -$1.15M |
|
|
DOCU
2840
PUT
DocuSign
DOCU
$10.7B
| $1.22M | ﹤0.01% |
15,000
-155,500
| -91% | -$13.6M |
|
2841
Invesco S&P 500 High Beta ETF
SPHB
$965M
| $1.22M | ﹤0.01% |
15,588
+200
| +1% | +$17.6K |
|
2842
Lear
LEA
$7.45B
| $1.22M | ﹤0.01% |
13,807
-77,066
| -85% | -$7.31M |
|
2843
Clean Energy Fuels
CLNE
$421M
| $1.22M | ﹤0.01% |
784,838
-456,870
| -37% | -$1.16M |
|
2844
Resources Connection
RGP
$136M
| $1.21M | ﹤0.01% |
185,709
-129,956
| -41% | -$1.01M |
|
2845
Oportun Financial
OPRT
$264M
| $1.21M | ﹤0.01% |
221,020
+138,699
| +168% | +$763K |
|
2846
CRA International
CRAI
$1.16B
| $1.21M | ﹤0.01% |
7,003
+419
| +6% | +$77.6K |
|
2847
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $1.21M | ﹤0.01% |
14,210
-3,636
| -20% | -$324K |
|
2848
Schwab US Large-Cap Growth ETF
SCHG
$59.1B
| $1.21M | ﹤0.01% |
+48,197
| New | +$1.32M |
|
2849
CALL
Argan
AGX
$7.33B
| $1.21M | ﹤0.01% |
9,200
+7,500
| +441% | +$1.05M |
|
2850
Kanzhun
BZ
$7.07B
| $1.21M | ﹤0.01% |
+62,861
| New | +$1.02M |
|
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.