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 |
GE Vernova
GEV
|
+$686M |
| 2 |
Walt Disney
DIS
|
+$555M |
| 3 |
Palantir
PLTR
|
+$522M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$493M |
| 5 |
TSMC
TSM
|
+$464M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$981M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$951M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$596M |
| 4 |
Eli Lilly
LLY
|
+$555M |
| 5 |
Arthur J. Gallagher & Co
AJG
|
+$499M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.18% |
| 2 | Healthcare | 9.91% |
| 3 | Consumer Discretionary | 9.25% |
| 4 | Financials | 6.45% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
CALL
Banco Macro
BMA
$5.89B
| $574K | ﹤0.01% |
7,600
+3,300
| +77% | +$308K |
|
3302
American Coastal Insurance
ACIC
$505M
| $573K | ﹤0.01% |
+49,567
| New | +$604K |
|
3303
CALL
Vipshop
VIPS
$7.08B
| $572K | ﹤0.01% |
36,500
| – | – |
|
3304
iShares MSCI Indonesia ETF
EIDO
$471M
| $571K | ﹤0.01% |
+35,045
| New | +$612K |
|
3305
Capital Southwest
CSWC
$1.46B
| $571K | ﹤0.01% |
25,574
-76,064
| -75% | -$1.72M |
|
3306
PUT
SiteOne Landscape Supply
SITE
$4.49B
| $571K | ﹤0.01% |
+4,700
| New | +$623K |
|
3307
CNB Financial Corp
CCNE
$1.02B
| $569K | ﹤0.01% |
+25,585
| New | +$622K |
|
3308
CALL
Phillips 66
PSX
$83.3B
| $568K | ﹤0.01% |
4,600
-4,600
| -50% | -$567K |
|
3309
CALL
Viking Therapeutics
VKTX
$4.05B
| $568K | ﹤0.01% |
23,500
-30,000
| -56% | -$948K |
|
3310
Algonquin Power & Utilities
AQN
$4.63B
| $567K | ﹤0.01% |
110,300
-881,543
| -89% | -$4.16M |
|
3311
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$736M
| $567K | ﹤0.01% |
+15,125
| New | +$560K |
|
|
TPC
3312
Tutor Perini Cor
TPC
$4.51B
| $566K | ﹤0.01% |
24,432
+4,447
| +22% | +$110K |
|
3313
PUT
3D Systems Corp
DDD
$430M
| $566K | ﹤0.01% |
267,000
| – | – |
|
3314
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $565K | ﹤0.01% |
6,483
| – | – |
|
3315
Unifirst Corp
UNF
$5.38B
| $565K | ﹤0.01% |
3,248
+39
| +1% | +$8.14K |
|
3316
PUT
iQIYI
IQ
$1.19B
| $565K | ﹤0.01% |
250,000
| – | – |
|
3317
Perimeter Solutions
PRM
$5.44B
| $564K | ﹤0.01% |
56,056
-1,535
| -3% | -$17.2K |
|
3318
Fidelity Blue Chip Growth ETF
FBCG
$6.75B
| $564K | ﹤0.01% |
14,118
| – | – |
|
3319
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$269M
| $560K | ﹤0.01% |
9,669
-1,902
| -16% | -$121K |
|
3320
Five Star Bancorp
FSBC
$1.01B
| $559K | ﹤0.01% |
+20,112
| New | +$599K |
|
3321
CALL
Edwards Lifesciences
EW
$47.8B
| $558K | ﹤0.01% |
+7,700
| New | +$551K |
|
3322
Electromed
ELMD
$330M
| $558K | ﹤0.01% |
+23,368
| New | +$683K |
|
|
CCRD
3323
DELISTED
CoreCard
CCRD
| $556K | ﹤0.01% |
29,727
-723
| -2% | -$15.7K |
|
3324
RxSight
RXST
$233M
| $556K | ﹤0.01% |
22,000
+12,430
| +130% | +$369K |
|
3325
Tucows
TCX
$95.5M
| $554K | ﹤0.01% |
32,803
+8,892
| +37% | +$154K |
|
Similar funds
D.E. Shaw & Co's Q1 2025 Portfolio in Review
As of Q1 2025, D.E. Shaw & Co held 4,902 positions worth $112B, down 18% from $136B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $21.6B in Q1 2025, closing 704 positions and reducing 1,734 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $951M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in KKR & Co 6.25% Series D Preferred Stock worth $88.2M.
- D.E. Shaw & Co's largest Q1 2025 buy was KKR & Co 6.25% Series D Preferred Stock: 1,800,000 shares worth $88.2M.
- D.E. Shaw & Co added most to GE Vernova in Q1 2025, an estimated $686M increase.
- D.E. Shaw & Co's biggest Q1 2025 reduction was Boeing, cutting an estimated $981M.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $951M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $112B portfolio in Q1 2025.
- D.E. Shaw & Co opened 569 new positions and closed 704 in Q1 2025.
- D.E. Shaw & Co's portfolio value fell 18% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q1 2025, filed 15 May 2025.