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 | |
|---|---|---|---|---|---|---|
|
LIOX
2951
DELISTED
Lionbridge Technologies
LIOX
| $565K | ﹤0.01% |
98,804
+4,736
| +5% | +$26K |
|
|
KEG
2952
DELISTED
KEY ENERGY SERVICES INC
KEG
| $565K | ﹤0.01% |
310,419
-1,161,972
| -79% | -$2.11M |
|
2953
PUT
ATI
ATI
$26.3B
| $564K | ﹤0.01% |
18,800
-92,200
| -83% | -$2.87M |
|
|
CY
2954
CALL
DELISTED
Cypress Semiconductor
CY
| $564K | ﹤0.01% |
+40,000
| New | +$593K |
|
2955
OneSpan
OSPN
$562M
| $563K | ﹤0.01% |
26,128
-166,380
| -86% | -$3.94M |
|
|
PMT
2956
PennyMac Mortgage Investment
PMT
$839M
| $563K | ﹤0.01% |
26,466
-107,786
| -80% | -$2.33M |
|
2957
LSB Industries
LXU
$824M
| $562K | ﹤0.01% |
17,680
-14,607
| -45% | -$399K |
|
|
ATW
2958
PUT
DELISTED
Atwood Oceanics
ATW
| $562K | ﹤0.01% |
20,000
| – | – |
|
|
CMCSK
2959
PUT
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $561K | ﹤0.01% |
10,000
-106,300
| -91% | -$5.96M |
|
|
ESPR
2960
DELISTED
Esperion Therapeutics
ESPR
| $560K | ﹤0.01% |
+6,047
| New | +$390K |
|
2961
PUT
Kinross Gold
KGC
$28.6B
| $560K | ﹤0.01% |
250,000
-180,000
| -42% | -$524K |
|
2962
PUT
Tenaris
TS
$28.5B
| $560K | ﹤0.01% |
+20,000
| New | +$571K |
|
2963
PUT
Warner Bros
WBD
$63.4B
| $560K | ﹤0.01% |
+18,200
| New | +$571K |
|
2964
Atmos Energy
ATO
$29.7B
| $559K | ﹤0.01% |
+10,100
| New | +$556K |
|
|
CATM
2965
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $558K | ﹤0.01% |
+14,842
| New | +$546K |
|
|
CLVS
2966
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $557K | ﹤0.01% |
+7,500
| New | +$530K |
|
|
CYBR
2967
PUT
DELISTED
CyberArk
CYBR
| $556K | ﹤0.01% |
+10,000
| New | +$472K |
|
2968
Universal Electronics
UEIC
$57.6M
| $554K | ﹤0.01% |
9,809
+238
| +2% | +$14.4K |
|
|
PVG
2969
DELISTED
PRETIUM RESOURCES INC.
PVG
| $553K | ﹤0.01% |
109,874
-198,600
| -64% | -$1.22M |
|
|
OMN
2970
DELISTED
OMNOVA Solutions Inc.
OMN
| $553K | ﹤0.01% |
64,794
+12,803
| +25% | +$100K |
|
2971
CALL
Yum! Brands
YUM
$40.7B
| $551K | ﹤0.01% |
9,737
-156,488
| -94% | -$8.54M |
|
|
GPOR
2972
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $551K | ﹤0.01% |
12,000
-29,300
| -71% | -$1.24M |
|
|
TAHO
2973
CALL
DELISTED
Tahoe Resources Inc
TAHO
| $548K | ﹤0.01% |
+50,000
| New | +$664K |
|
2974
PUT
POSCO
PKX
$16.1B
| $547K | ﹤0.01% |
+10,000
| New | +$608K |
|
|
STOR
2975
DELISTED
STORE Capital Corporation
STOR
| $547K | ﹤0.01% |
23,423
-38,154
| -62% | -$857K |
|
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.