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 | |
|---|---|---|---|---|---|---|
3001
PUT
Pan American Silver
PAAS
$18.6B
| $526K | ﹤0.01% |
60,000
-127,200
| -68% | -$1.31M |
|
3002
CALL
Canadian Natural Resources
CNQ
$93.4B
| $525K | ﹤0.01% |
35,372
-224,024
| -86% | -$3.2M |
|
|
HSII
3003
DELISTED
Heidrick & Struggles
HSII
| $524K | ﹤0.01% |
21,303
-12,297
| -37% | -$288K |
|
3004
Saia
SAIA
$11.2B
| $524K | ﹤0.01% |
+11,821
| New | +$545K |
|
3005
PUT
Community Health Systems
CYH
$383M
| $523K | ﹤0.01% |
12,100
| – | – |
|
|
VTLE
3006
PUT
DELISTED
Vital Energy
VTLE
| $522K | ﹤0.01% |
2,000
| – | – |
|
|
GNMK
3007
DELISTED
GenMark Diagnostics, Inc
GNMK
| $522K | ﹤0.01% |
40,242
+28,778
| +251% | +$376K |
|
|
MW
3008
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $522K | ﹤0.01% |
10,000
| – | – |
|
3009
Builders FirstSource
BLDR
$7.82B
| $521K | ﹤0.01% |
78,135
+10,003
| +15% | +$62.5K |
|
3010
Tredegar Corp
TG
$260M
| $519K | ﹤0.01% |
25,832
-1,644
| -6% | -$34.5K |
|
|
WPP
3011
DELISTED
WAUSAU PAPER CORP.
WPP
| $519K | ﹤0.01% |
54,428
+8,913
| +20% | +$86.5K |
|
3012
PUT
Sprouts Farmers Market
SFM
$7.23B
| $518K | ﹤0.01% |
14,700
| – | – |
|
|
RAX
3013
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $516K | ﹤0.01% |
10,000
-50,000
| -83% | -$2.46M |
|
|
CNL
3014
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $513K | ﹤0.01% |
9,414
-14,416
| -60% | -$785K |
|
|
GFA
3015
DELISTED
Gafisa S.A.
GFA
| $511K | ﹤0.01% |
28,693
+11,344
| +65% | +$210K |
|
3016
Compass Minerals
CMP
$1.25B
| $509K | ﹤0.01% |
+5,456
| New | +$498K |
|
3017
CALL
Cirrus Logic
CRUS
$6.87B
| $509K | ﹤0.01% |
+15,300
| New | +$444K |
|
|
GLF
3018
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $509K | ﹤0.01% |
39,028
+19,207
| +97% | +$344K |
|
3019
Hackett Group
HCKT
$255M
| $508K | ﹤0.01% |
56,811
+13,903
| +32% | +$117K |
|
3020
Consolidated Edison
ED
$41.1B
| $506K | ﹤0.01% |
+8,289
| New | +$538K |
|
|
VER
3021
DELISTED
VEREIT, Inc.
VER
| $506K | ﹤0.01% |
10,290
-52,314
| -84% | -$2.5M |
|
|
NBIS
3022
Nebius Group N.V.
NBIS
$47.7B
| $503K | ﹤0.01% |
33,200
+9,803
| +42% | +$158K |
|
3023
CALL
Canadian Solar
CSIQ
$936M
| $501K | ﹤0.01% |
+15,000
| New | +$414K |
|
3024
PUT
PPG Industries
PPG
$26.4B
| $496K | ﹤0.01% |
4,400
-421,800
| -99% | -$48.3M |
|
3025
DHT Holdings
DHT
$2.95B
| $494K | ﹤0.01% |
+70,784
| New | +$520K |
|
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.