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 | |
|---|---|---|---|---|---|---|
|
USG
3326
CALL
DELISTED
Usg
USG
| $267K | ﹤0.01% |
10,000
| – | – |
|
3327
Team
TISI
$77.7M
| $264K | ﹤0.01% |
678
-755
| -53% | -$289K |
|
|
RKUS
3328
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $264K | ﹤0.01% |
20,500
-49,785
| -71% | -$557K |
|
|
CAB
3329
DELISTED
Cabela's Inc
CAB
| $263K | ﹤0.01% |
+4,700
| New | +$260K |
|
|
MRGE
3330
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $262K | ﹤0.01% |
58,553
-40,389
| -41% | -$169K |
|
3331
AngloGold Ashanti
AU
$40.3B
| $261K | ﹤0.01% |
27,934
-1,274,675
| -98% | -$13.6M |
|
3332
Fox Factory Holding Corp
FOXF
$776M
| $261K | ﹤0.01% |
+17,006
| New | +$262K |
|
|
SGM
3333
DELISTED
Stonegate Mortgage Corporation
SGM
| $261K | ﹤0.01% |
24,078
+4,947
| +26% | +$52K |
|
3334
Avery Dennison
AVY
$12.3B
| $260K | ﹤0.01% |
+4,912
| New | +$260K |
|
3335
Inseego
INSG
$108M
| $260K | ﹤0.01% |
5,389
+3,686
| +216% | +$180K |
|
3336
AtriCure
ATRC
$1.77B
| $259K | ﹤0.01% |
12,647
-43,334
| -77% | -$840K |
|
|
MDCO
3337
DELISTED
Medicines Co
MDCO
| $259K | ﹤0.01% |
9,234
-1,008,036
| -99% | -$28.3M |
|
|
SWC
3338
CALL
DELISTED
Stillwater Mining Co
SWC
| $258K | ﹤0.01% |
20,000
-14,900
| -43% | -$206K |
|
|
SWC
3339
PUT
DELISTED
Stillwater Mining Co
SWC
| $258K | ﹤0.01% |
20,000
| – | – |
|
3340
CALL
Metallus
MTUS
$873M
| $257K | ﹤0.01% |
9,700
-2,850
| -23% | -$83.8K |
|
|
LBAI
3341
DELISTED
Lakeland Bancorp Inc
LBAI
| $256K | ﹤0.01% |
22,283
-7,326
| -25% | -$81.8K |
|
|
NGHC
3342
DELISTED
National General Holdings Corp
NGHC
| $256K | ﹤0.01% |
+13,701
| New | +$251K |
|
|
MBLY
3343
DELISTED
Mobileye N.V.
MBLY
| $256K | ﹤0.01% |
6,100
-13,265
| -68% | -$516K |
|
3344
HealthStream
HSTM
$793M
| $254K | ﹤0.01% |
10,075
-52,010
| -84% | -$1.42M |
|
3345
Waterstone Financial
WSBF
$362M
| $254K | ﹤0.01% |
19,800
+3,952
| +25% | +$51K |
|
|
HF
3346
DELISTED
HFF Inc.
HF
| $250K | ﹤0.01% |
+6,672
| New | +$240K |
|
3347
Ardmore Shipping
ASC
$678M
| $248K | ﹤0.01% |
+24,618
| New | +$269K |
|
3348
HSBC
HSBC
$355B
| $247K | ﹤0.01% |
6,567
-153
| -2% | -$5.96K |
|
3349
WSFS Financial
WSFS
$4.1B
| $247K | ﹤0.01% |
9,783
-5,814
| -37% | -$148K |
|
|
CUTR
3350
DELISTED
Cutera, Inc.
CUTR
| $246K | ﹤0.01% |
+19,064
| New | +$249K |
|
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.