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 | |
|---|---|---|---|---|---|---|
3226
Par Pacific Holdings
PARR
$3.88B
| $401K | ﹤0.01% |
56,531
+41,751
| +282% | +$698K |
|
3227
Banc of California
BANC
$3.28B
| $400K | ﹤0.01% |
+49,959
| New | +$734K |
|
3228
Ceco Environmental
CECO
$4.42B
| $400K | ﹤0.01% |
85,777
-24,524
| -22% | -$167K |
|
3229
PUT
Restaurant Brands International
QSR
$25.1B
| $400K | ﹤0.01% |
10,000
| – | – |
|
|
DCH
3230
PUT
Dauch Corp
DCH
$1.3B
| $399K | ﹤0.01% |
110,400
-65,100
| -37% | -$484K |
|
|
B
3231
CALL
Barrick Mining
B
$62.2B
| $399K | ﹤0.01% |
21,800
-43,600
| -67% | -$817K |
|
|
RETA
3232
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $399K | ﹤0.01% |
+2,765
| New | +$534K |
|
|
NBL
3233
PUT
DELISTED
Noble Energy, Inc.
NBL
| $399K | ﹤0.01% |
66,000
+8,700
| +15% | +$140K |
|
|
GOOS
3234
CALL
Canada Goose Holdings
GOOS
$868M
| $398K | ﹤0.01% |
+20,000
| New | +$560K |
|
3235
Hovnanian Enterprises
HOV
$785M
| $398K | ﹤0.01% |
48,269
-50,172
| -51% | -$1.09M |
|
|
IPG
3236
DELISTED
Interpublic Group of Companies
IPG
| $396K | ﹤0.01% |
24,456
-89,066
| -78% | -$1.88M |
|
3237
Pixelworks
PXLW
$38.8M
| $396K | ﹤0.01% |
11,590
-1,696
| -13% | -$79.1K |
|
3238
PUT
Cleveland-Cliffs
CLF
$6.81B
| $395K | ﹤0.01% |
100,000
| – | – |
|
3239
Novanta
NOVT
$5.04B
| $394K | ﹤0.01% |
4,936
-2
| -0% | -$179 |
|
3240
CALL
Transocean
RIG
$5.92B
| $394K | ﹤0.01% |
339,500
-200,000
| -37% | -$780K |
|
|
FRBK
3241
DELISTED
Republic First Bancorp Inc
FRBK
| $393K | ﹤0.01% |
179,345
+5,134
| +3% | +$16.2K |
|
3242
Cytokinetics
CYTK
$11B
| $392K | ﹤0.01% |
33,225
-239,325
| -88% | -$3.05M |
|
|
CONN
3243
DELISTED
Conn's Inc.
CONN
| $392K | ﹤0.01% |
93,762
+9,723
| +12% | +$79.3K |
|
3244
Ezcorp Inc
EZPW
$1.82B
| $391K | ﹤0.01% |
93,870
-182,336
| -66% | -$939K |
|
|
RDUS
3245
PUT
DELISTED
Radius Recycling
RDUS
| $391K | ﹤0.01% |
+30,000
| New | +$503K |
|
3246
News Corp Class B
NWS
$16.4B
| $390K | ﹤0.01% |
+43,391
| New | +$558K |
|
3247
White Mountains Insurance
WTM
$5.47B
| $389K | ﹤0.01% |
428
-100
| -19% | -$104K |
|
3248
Safe Bulkers
SB
$781M
| $385K | ﹤0.01% |
324,047
-131,728
| -29% | -$177K |
|
3249
CALL
Adtran
ADTN
$798M
| $384K | ﹤0.01% |
50,000
| – | – |
|
3250
CALL
Bread Financial
BFH
$4.21B
| $384K | ﹤0.01% |
14,284
-42,728
| -75% | -$2.91M |
|
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.