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 | |
|---|---|---|---|---|---|---|
3201
Advanced Energy
AEIS
$11.9B
| $360K | ﹤0.01% |
+14,012
| New | +$357K |
|
|
DRNA
3202
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $360K | ﹤0.01% |
14,978
-6,680
| -31% | -$150K |
|
3203
Scorpio Tankers
STNG
$3.89B
| $359K | ﹤0.01% |
+3,811
| New | +$332K |
|
3204
Ventas
VTR
$48.8B
| $359K | ﹤0.01% |
4,306
-15,960
| -79% | -$1.37M |
|
3205
Orion Group Holdings
ORN
$519M
| $357K | ﹤0.01% |
40,248
+30,001
| +293% | +$288K |
|
3206
Southwest Gas
SWX
$6.67B
| $356K | ﹤0.01% |
+6,124
| New | +$362K |
|
3207
PUT
Tenet Healthcare
THC
$20.8B
| $356K | ﹤0.01% |
7,200
-12,300
| -63% | -$575K |
|
|
SRDX
3208
DELISTED
Surmodics
SRDX
| $354K | ﹤0.01% |
13,617
+2,468
| +22% | +$58.8K |
|
|
XCO
3209
DELISTED
Exco Resources
XCO
| $354K | ﹤0.01% |
12,914
+7,589
| +143% | +$224K |
|
3210
CoreCivic
CXW
$3.08B
| $352K | ﹤0.01% |
+8,742
| New | +$344K |
|
3211
Horace Mann Educators
HMN
$2.11B
| $352K | ﹤0.01% |
+10,289
| New | +$331K |
|
3212
CALL
Sprouts Farmers Market
SFM
$7.06B
| $352K | ﹤0.01% |
10,000
| – | – |
|
3213
Nordson
NDSN
$16.6B
| $350K | ﹤0.01% |
+4,463
| New | +$338K |
|
|
BAS
3214
PUT
DELISTED
Basis Energy Services, Inc.
BAS
| $347K | ﹤0.01% |
88
-5
| -5% | -$18.8K |
|
3215
ProQR Therapeutics
PRQR
$250M
| $346K | ﹤0.01% |
+15,806
| New | +$326K |
|
|
CTG
3216
DELISTED
Computer Task Group, Inc.
CTG
| $345K | ﹤0.01% |
47,177
-2,213
| -4% | -$17.6K |
|
|
BIOL
3217
DELISTED
Biolase, Inc.
BIOL
| $343K | ﹤0.01% |
14
+6
| +75% | +$170K |
|
|
DWA
3218
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $343K | ﹤0.01% |
14,164
-14,100
| -50% | -$300K |
|
3219
Akamai
AKAM
$16.6B
| $341K | ﹤0.01% |
4,800
-43,560
| -90% | -$2.88M |
|
3220
AES
AES
$10.6B
| $340K | ﹤0.01% |
+26,486
| New | +$332K |
|
|
GOOD
3221
Gladstone Commercial Corp
GOOD
$627M
| $340K | ﹤0.01% |
18,268
-3,996
| -18% | -$71.3K |
|
3222
Perion Network
PERI
$372M
| $340K | ﹤0.01% |
33,764
-7,734
| -19% | -$79.5K |
|
|
ROSE
3223
PUT
DELISTED
ROSETTA RESOURCES INC
ROSE
| $340K | ﹤0.01% |
+20,000
| New | +$383K |
|
3224
Casella Waste Systems
CWST
$5.72B
| $339K | ﹤0.01% |
61,724
-28,298
| -31% | -$122K |
|
3225
Sony
SONY
$129B
| $339K | ﹤0.01% |
63,210
-376,475
| -86% | -$1.9M |
|
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.