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 | |
|---|---|---|---|---|---|---|
3001
PUT
Rapid7
RPD
$634M
| $445K | ﹤0.01% |
+8,800
| New | +$377K |
|
3002
Horizon Bancorp
HBNC
$1.03B
| $444K | ﹤0.01% |
27,581
+2,393
| +10% | +$40.1K |
|
|
DHXM
3003
DELISTED
DHX Media Ltd. Common Voting and Variable Voting Shares
DHXM
| $442K | ﹤0.01% |
283,800
+167,700
| +144% | +$305K |
|
|
NAVG
3004
DELISTED
Navigators Group Inc
NAVG
| $442K | ﹤0.01% |
6,328
-700
| -10% | -$48.9K |
|
3005
Illinois Tool Works
ITW
$81.4B
| $441K | ﹤0.01% |
3,076
-1,681
| -35% | -$233K |
|
3006
Crown Holdings
CCK
$12.8B
| $440K | ﹤0.01% |
8,065
-10,582
| -57% | -$546K |
|
3007
1st Source
SRCE
$2.07B
| $440K | ﹤0.01% |
9,789
-1,008
| -9% | -$45.8K |
|
|
PEGI
3008
CALL
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $440K | ﹤0.01% |
+20,000
| New | +$417K |
|
3009
Horace Mann Educators
HMN
$2.1B
| $439K | ﹤0.01% |
12,459
-9,292
| -43% | -$360K |
|
3010
Franco-Nevada
FNV
$41.4B
| $438K | ﹤0.01% |
5,835
-139,044
| -96% | -$10.3M |
|
3011
Hyster-Yale Materials Handling
HY
$593M
| $438K | ﹤0.01% |
7,019
-3,768
| -35% | -$255K |
|
|
SCS
3012
DELISTED
Steelcase
SCS
| $437K | ﹤0.01% |
30,012
-3,536
| -11% | -$58.8K |
|
|
CRC
3013
PUT
DELISTED
California Resources Corporation
CRC
| $437K | ﹤0.01% |
17,000
-33,000
| -66% | -$715K |
|
3014
Wolverine World Wide
WWW
$1.54B
| $436K | ﹤0.01% |
12,201
-23,380
| -66% | -$817K |
|
|
CTRL
3015
DELISTED
Control4 Corporation
CTRL
| $436K | ﹤0.01% |
+25,773
| New | +$465K |
|
3016
PUT
Spectrum Brands
SPB
$2.04B
| $433K | ﹤0.01% |
7,900
| – | – |
|
|
BBBY
3017
DELISTED
Bed Bath & Beyond Inc
BBBY
| $432K | ﹤0.01% |
25,415
+15,378
| +153% | +$232K |
|
3018
PUT
BorgWarner
BWA
$13.2B
| $430K | ﹤0.01% |
+12,723
| New | +$440K |
|
3019
StoneX
SNEX
$8.83B
| $426K | ﹤0.01% |
55,657
-1,033
| -2% | -$8.15K |
|
3020
Par Pacific Holdings
PARR
$3.88B
| $425K | ﹤0.01% |
23,848
-20,384
| -46% | -$338K |
|
|
PIR
3021
DELISTED
Pier 1 Imports, Inc.
PIR
| $425K | ﹤0.01% |
27,802
-78,984
| -74% | -$1.42M |
|
3022
PUT
Harley-Davidson
HOG
$2.68B
| $424K | ﹤0.01% |
+11,900
| New | +$433K |
|
3023
Standex International
SXI
$3.68B
| $423K | ﹤0.01% |
+5,760
| New | +$436K |
|
|
YELL
3024
DELISTED
Yellow Corporation Common Stock
YELL
| $423K | ﹤0.01% |
63,194
-48,628
| -43% | -$313K |
|
3025
Shenandoah Telecom
SHEN
$632M
| $421K | ﹤0.01% |
+9,485
| New | +$445K |
|
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.