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 | |
|---|---|---|---|---|---|---|
|
SEAC
3226
DELISTED
Seachange International Inc
SEAC
| $339K | ﹤0.01% |
+2,162
| New | +$317K |
|
|
CEL
3227
DELISTED
Cellcom Israel, Ltd.
CEL
| $339K | ﹤0.01% |
70,665
+53,159
| +304% | +$304K |
|
|
PPL
3228
CALL
PPL Corp
PPL
$27.3B
| $337K | ﹤0.01% |
10,737
-52,716
| -83% | -$1.69M |
|
|
ARPI
3229
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $335K | ﹤0.01% |
18,630
+7,495
| +67% | +$133K |
|
|
TRK
3230
DELISTED
Speedway Motorsports, Inc.
TRK
| $334K | ﹤0.01% |
+14,689
| New | +$332K |
|
|
KANG
3231
DELISTED
iKang Healthcare Group, Inc.
KANG
| $334K | ﹤0.01% |
20,590
+990
| +5% | +$16.5K |
|
|
CJES
3232
PUT
DELISTED
C&J ENERGY SVCS LTD
CJES
| $334K | ﹤0.01% |
30,000
| – | – |
|
3233
Marcus Corp
MCS
$732M
| $332K | ﹤0.01% |
15,596
-4,181
| -21% | -$81K |
|
3234
Universal Display
OLED
$3.71B
| $332K | ﹤0.01% |
7,105
-9,010
| -56% | -$320K |
|
|
EXPR
3235
PUT
DELISTED
Express, Inc.
EXPR
| $331K | ﹤0.01% |
1,000
-2,000
| -67% | -$579K |
|
|
BAS
3236
DELISTED
Basis Energy Services, Inc.
BAS
| $330K | ﹤0.01% |
84
-503
| -86% | -$1.89M |
|
|
REXX
3237
DELISTED
Rex Energy Corporation
REXX
| $329K | ﹤0.01% |
8,839
-29,201
| -77% | -$1.2M |
|
|
TAT
3238
DELISTED
TransAtlantic Petroleum LTD.
TAT
| $328K | ﹤0.01% |
61,387
+3,695
| +6% | +$17.8K |
|
3239
STMicroelectronics
STM
$46B
| $326K | ﹤0.01% |
+35,196
| New | +$307K |
|
|
CA
3240
PUT
DELISTED
CA, Inc.
CA
| $326K | ﹤0.01% |
10,000
-59,000
| -86% | -$1.87M |
|
3241
HealthEquity
HQY
$7.91B
| $325K | ﹤0.01% |
+13,020
| New | +$282K |
|
3242
RBC Bearings
RBC
$18.8B
| $324K | ﹤0.01% |
+4,235
| New | +$266K |
|
|
KAMN
3243
DELISTED
Kaman Corp
KAMN
| $323K | ﹤0.01% |
+7,610
| New | +$305K |
|
3244
Ennis
EBF
$546M
| $321K | ﹤0.01% |
22,702
+4,305
| +23% | +$58.6K |
|
|
BRDR
3245
DELISTED
BODERFREE INC COM
BRDR
| $321K | ﹤0.01% |
53,449
+36,583
| +217% | +$253K |
|
3246
Agilysys
AGYS
$2.78B
| $320K | ﹤0.01% |
32,503
+2,655
| +9% | +$27.6K |
|
|
SCHW
3247
CALL
Charles Schwab
SCHW
$177B
| $320K | ﹤0.01% |
10,500
-47,700
| -82% | -$1.38M |
|
|
TAL
3248
CALL
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $318K | ﹤0.01% |
7,800
-2,200
| -22% | -$91.2K |
|
3249
ATI
ATI
$27B
| $317K | ﹤0.01% |
10,549
-132,913
| -93% | -$4.13M |
|
3250
CorVel
CRVL
$3.05B
| $317K | ﹤0.01% |
+27,678
| New | +$323K |
|
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.