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 | |
|---|---|---|---|---|---|---|
3401
American Eagle Outfitters
AEO
$2.98B
| $482K | ﹤0.01% |
41,502
-1,312,945
| -97% | -$18.8M |
|
3402
Alaska Air
ALK
$5.3B
| $481K | ﹤0.01% |
9,779
-7,004
| -42% | -$460K |
|
3403
PUT
Green Plains
GPRE
$1.15B
| $481K | ﹤0.01% |
99,200
-105,800
| -52% | -$758K |
|
|
NPKI
3404
NPK International
NPKI
$1.19B
| $481K | ﹤0.01% |
82,759
+27,832
| +51% | +$185K |
|
|
JVSA
3405
DELISTED
JV SPAC Acquisition Corp
JVSA
| $481K | ﹤0.01% |
45,000
| – | – |
|
3406
iRadimed
IRMD
$1.22B
| $480K | ﹤0.01% |
9,152
-3,996
| -30% | -$225K |
|
3407
CALL
Byrna Technologies
BYRN
$93.7M
| $480K | ﹤0.01% |
+28,500
| New | +$736K |
|
3408
TriplePoint Venture Growth BDC
TPVG
$182M
| $476K | ﹤0.01% |
+68,153
| New | +$521K |
|
3409
CALL
Williams-Sonoma
WSM
$27.6B
| $474K | ﹤0.01% |
3,000
-73,800
| -96% | -$14.3M |
|
3410
Hackett Group
HCKT
$255M
| $474K | ﹤0.01% |
+16,225
| New | +$488K |
|
|
INVX
3411
Innovex International
INVX
$1.85B
| $473K | ﹤0.01% |
26,325
-20,346
| -44% | -$346K |
|
3412
PUT
LGI Homes
LGIH
$1.4B
| $472K | ﹤0.01% |
+7,100
| New | +$574K |
|
3413
Main Street Capital
MAIN
$5B
| $470K | ﹤0.01% |
+8,314
| New | +$494K |
|
3414
Cirrus Logic
CRUS
$6.87B
| $466K | ﹤0.01% |
4,681
-22,138
| -83% | -$2.28M |
|
3415
CALL
RingCentral
RNG
$4.5B
| $465K | ﹤0.01% |
18,800
-10,400
| -36% | -$324K |
|
3416
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$271M
| $465K | ﹤0.01% |
8,106
| – | – |
|
3417
Sportsman's Warehouse
SPWH
$44.9M
| $465K | ﹤0.01% |
467,741
-77,657
| -14% | -$131K |
|
3418
Distribution Solutions Group
DSGR
$1.6B
| $465K | ﹤0.01% |
+16,605
| New | +$516K |
|
3419
Traeger
COOK
$170M
| $465K | ﹤0.01% |
5,530
+889
| +19% | +$98.4K |
|
|
NOAH
3420
Noah Holdings
NOAH
$595M
| $465K | ﹤0.01% |
49,155
+10,395
| +27% | +$114K |
|
3421
Pacer US Cash Cows 100 ETF
COWZ
$18.5B
| $464K | ﹤0.01% |
+8,485
| New | +$483K |
|
3422
Praxis Precision Medicines
PRAX
$8.8B
| $462K | ﹤0.01% |
12,208
-35,785
| -75% | -$2.23M |
|
3423
FS KKR Capital
FSK
$3.04B
| $462K | ﹤0.01% |
22,065
-123,126
| -85% | -$2.75M |
|
3424
PUT
Atkore
ATKR
$2.54B
| $462K | ﹤0.01% |
7,700
-14,800
| -66% | -$1.06M |
|
3425
OneSpan
OSPN
$562M
| $461K | ﹤0.01% |
30,241
-25,840
| -46% | -$460K |
|
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.