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 | |
|---|---|---|---|---|---|---|
|
MCF
2876
DELISTED
Contango Oil & Gas Co.
MCF
| $650K | ﹤0.01% |
29,548
+21,448
| +265% | +$552K |
|
2877
KB Financial Group
KB
$41.5B
| $647K | ﹤0.01% |
+18,424
| New | +$629K |
|
2878
Teekay Tankers
TNK
$2.63B
| $646K | ﹤0.01% |
14,067
-21,302
| -60% | -$968K |
|
2879
Macy's
M
$6.57B
| $644K | ﹤0.01% |
9,917
-57,765
| -85% | -$3.72M |
|
|
RKUS
2880
PUT
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $644K | ﹤0.01% |
+50,000
| New | +$560K |
|
2881
CALL
DaVita
DVA
$15.2B
| $642K | ﹤0.01% |
7,900
-10,000
| -56% | -$767K |
|
2882
Lee Enterprises
LEE
$173M
| $640K | ﹤0.01% |
20,192
-2,403
| -11% | -$74K |
|
|
SQI
2883
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $640K | ﹤0.01% |
+37,828
| New | +$600K |
|
|
PKT
2884
DELISTED
PROCERA NETWORKS INC NEW COM STK (DE)
PKT
| $640K | ﹤0.01% |
68,177
+23,305
| +52% | +$208K |
|
|
DCOM
2885
DELISTED
Dime Community Bancshares
DCOM
| $640K | ﹤0.01% |
39,737
+10,825
| +37% | +$169K |
|
2886
First Interstate BancSystem
FIBK
$3.67B
| $639K | ﹤0.01% |
22,969
-31,058
| -57% | -$811K |
|
|
CTXS
2887
PUT
DELISTED
Citrix Systems Inc
CTXS
| $639K | ﹤0.01% |
12,558
-161,245
| -93% | -$7.94M |
|
2888
iShares Russell 2000 ETF
IWM
$80.3B
| $637K | ﹤0.01% |
5,126
-3,785
| -42% | -$456K |
|
2889
8x8 Inc
EGHT
$262M
| $636K | ﹤0.01% |
75,771
-4,529
| -6% | -$36.5K |
|
2890
MYR Group
MYRG
$5.75B
| $636K | ﹤0.01% |
+20,300
| New | +$551K |
|
|
BHI
2891
CALL
DELISTED
Baker Hughes
BHI
| $636K | ﹤0.01% |
10,000
-195,800
| -95% | -$11.8M |
|
|
BEAV
2892
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $636K | ﹤0.01% |
10,000
| – | – |
|
2893
PUT
Zions Bancorporation
ZION
$10B
| $635K | ﹤0.01% |
23,500
-44,700
| -66% | -$1.17M |
|
2894
NorthWestern Energy
NWE
$4.44B
| $634K | ﹤0.01% |
11,794
-19,477
| -62% | -$1.07M |
|
|
LL
2895
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $634K | ﹤0.01% |
20,600
-10,000
| -33% | -$511K |
|
2896
Black Hills Corp
BKH
$5.68B
| $633K | ﹤0.01% |
12,542
-12,721
| -50% | -$641K |
|
2897
Douglas Emmett
DEI
$2.03B
| $633K | ﹤0.01% |
21,235
-279,967
| -93% | -$8.14M |
|
2898
Las Vegas Sands
LVS
$31.6B
| $633K | ﹤0.01% |
11,500
-935,297
| -99% | -$52.1M |
|
|
KNDI
2899
Kandi Technologies Group
KNDI
$64.6M
| $629K | ﹤0.01% |
50,734
+21,329
| +73% | +$278K |
|
2900
PUT
Leidos
LDOS
$14.5B
| $629K | ﹤0.01% |
15,000
-13,500
| -47% | -$587K |
|
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.