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 | |
|---|---|---|---|---|---|---|
3376
Cathay General Bancorp
CATY
$4.2B
| $230K | ﹤0.01% |
8,073
-48,617
| -86% | -$1.25M |
|
|
MHGC
3377
DELISTED
Morgans Hotel Group Co.
MHGC
| $230K | ﹤0.01% |
29,716
+18,186
| +158% | +$137K |
|
|
AIXG
3378
DELISTED
Aixtron SE
AIXG
| $230K | ﹤0.01% |
+30,614
| New | +$255K |
|
3379
PUT
Carpenter Technology
CRS
$30B
| $229K | ﹤0.01% |
5,900
-10,000
| -63% | -$404K |
|
3380
PDF Solutions
PDFS
$2.13B
| $229K | ﹤0.01% |
12,789
-21,334
| -63% | -$371K |
|
3381
Canadian Pacific Kansas City
CP
$82B
| $228K | ﹤0.01% |
6,240
-88,570
| -93% | -$3.27M |
|
3382
Entergy
ETR
$54.1B
| $228K | ﹤0.01% |
5,896
-5,504
| -48% | -$226K |
|
|
VVC
3383
DELISTED
Vectren Corporation
VVC
| $228K | ﹤0.01% |
5,156
-46,273
| -90% | -$2.12M |
|
|
GST
3384
DELISTED
Gastar Exploration Inc.
GST
| $228K | ﹤0.01% |
86,849
-401,310
| -82% | -$1.04M |
|
3385
NRG Energy
NRG
$29.8B
| $227K | ﹤0.01% |
8,998
-5,005
| -36% | -$126K |
|
3386
Elbit Systems
ESLT
$38.4B
| $226K | ﹤0.01% |
3,126
-757
| -19% | -$48.8K |
|
|
GARS
3387
DELISTED
Garrison Capital Inc.
GARS
| $226K | ﹤0.01% |
+15,152
| New | +$223K |
|
3388
Medallion Financial
MFIN
$226M
| $221K | ﹤0.01% |
23,857
-5,650
| -19% | -$56K |
|
|
PRSU
3389
Pursuit Attractions and Hospitality Inc
PRSU
$1.43B
| $221K | ﹤0.01% |
7,927
-41,233
| -84% | -$1.13M |
|
|
BOBE
3390
DELISTED
Bob Evans Farms, Inc.
BOBE
| $220K | ﹤0.01% |
+4,750
| New | +$252K |
|
3391
NN Inc
NNBR
$272M
| $218K | ﹤0.01% |
8,678
-64,309
| -88% | -$1.54M |
|
3392
CALL
Radian Group
RDN
$5.14B
| $218K | ﹤0.01% |
13,000
-45,400
| -78% | -$740K |
|
3393
Stryker
SYK
$127B
| $218K | ﹤0.01% |
+2,364
| New | +$220K |
|
|
WIN
3394
DELISTED
Windstream Holdings Inc
WIN
| $217K | ﹤0.01% |
3,751
-30,786
| -89% | -$1.96M |
|
|
TPLM
3395
DELISTED
Triangle Petroleum Corporation
TPLM
| $217K | ﹤0.01% |
+43,100
| New | +$219K |
|
|
ZEP
3396
DELISTED
ZEP INC COM STK (DE)
ZEP
| $217K | ﹤0.01% |
12,763
-19,080
| -60% | -$311K |
|
3397
Gran Tierra Energy
GTE
$260M
| $216K | ﹤0.01% |
7,923
-3,585
| -31% | -$97.1K |
|
|
BIG
3398
DELISTED
Big Lots, Inc.
BIG
| $216K | ﹤0.01% |
4,500
-4,324
| -49% | -$204K |
|
3399
AngioDynamics
ANGO
$562M
| $215K | ﹤0.01% |
12,090
-2,900
| -19% | -$53.9K |
|
3400
PUT
Timken Company
TKR
$9.82B
| $215K | ﹤0.01% |
5,100
-10,000
| -66% | -$415K |
|
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.