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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3151
Clarus
CLAR
$125M
| $476K | ﹤0.01% |
+48,738
| New | +$588K |
|
3152
FerroAtlántica
GSM
$628M
| $475K | ﹤0.01% |
1,044,338
-204,119
| -16% | -$161K |
|
3153
Entegris
ENTG
$19.7B
| $474K | ﹤0.01% |
10,592
-13,824
| -57% | -$717K |
|
3154
CALL
Nice
NICE
$5.29B
| $474K | ﹤0.01% |
3,300
-16,700
| -84% | -$2.7M |
|
3155
Graham Corp
GHM
$1.22B
| $472K | ﹤0.01% |
36,575
+3,599
| +11% | +$62.5K |
|
3156
Aquestive Therapeutics
AQST
$462M
| $469K | ﹤0.01% |
214,222
-49,195
| -19% | -$187K |
|
|
KW
3157
DELISTED
Kennedy-Wilson Holdings
KW
| $466K | ﹤0.01% |
34,744
+8,821
| +34% | +$176K |
|
3158
Orion
OEC
$394M
| $465K | ﹤0.01% |
62,318
+2,598
| +4% | +$37.6K |
|
3159
Bank of Hawaii
BOH
$3.33B
| $463K | ﹤0.01% |
+8,385
| New | +$673K |
|
3160
Champion Homes
SKY
$4.48B
| $462K | ﹤0.01% |
29,452
+21,627
| +276% | +$577K |
|
3161
Ennis
EBF
$546M
| $460K | ﹤0.01% |
24,503
+4,063
| +20% | +$81.5K |
|
|
STEL
3162
DELISTED
Stellar Bancorp
STEL
| $460K | ﹤0.01% |
25,897
-2,934
| -10% | -$76.8K |
|
3163
Lincoln Electric
LECO
$13.8B
| $459K | ﹤0.01% |
+6,657
| New | +$571K |
|
3164
PUT
Welltower
WELL
$178B
| $458K | ﹤0.01% |
10,000
-67,400
| -87% | -$4.97M |
|
|
ALX
3165
Alexander's
ALX
$1.4B
| $457K | ﹤0.01% |
1,656
-395
| -19% | -$124K |
|
3166
Franklin Covey
FC
$233M
| $457K | ﹤0.01% |
+29,397
| New | +$841K |
|
3167
Valley National Bancorp
VLY
$7.93B
| $457K | ﹤0.01% |
62,435
-2,492
| -4% | -$24.4K |
|
3168
WesBanco
WSBC
$3.95B
| $455K | ﹤0.01% |
19,194
+8,694
| +83% | +$271K |
|
|
FARM
3169
DELISTED
Farmer Brothers
FARM
| $454K | ﹤0.01% |
65,248
-34,156
| -34% | -$397K |
|
3170
CALL
BorgWarner
BWA
$13.2B
| $453K | ﹤0.01% |
21,130
+2,272
| +12% | +$65.7K |
|
|
TREC
3171
DELISTED
Trecora Resources
TREC
| $453K | ﹤0.01% |
76,115
-11,285
| -13% | -$71.7K |
|
3172
PennantPark Floating Rate Capital
PFLT
$681M
| $450K | ﹤0.01% |
92,580
+49,507
| +115% | +$519K |
|
3173
SandRidge Energy
SD
$510M
| $450K | ﹤0.01% |
499,686
-137,947
| -22% | -$323K |
|
3174
Urban Outfitters
URBN
$5.99B
| $449K | ﹤0.01% |
31,561
-14,288
| -31% | -$332K |
|
|
HNGR
3175
DELISTED
Hanger Inc.
HNGR
| $449K | ﹤0.01% |
28,812
-2,733
| -9% | -$61.8K |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.