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 | |
|---|---|---|---|---|---|---|
|
326
PUT
Biogen
BIIB
$29.9B
| $46.2M | 0.07% |
109,500
-203,000
| -65% | -$80M |
|
327
Boeing
BA
$165B
| $46.1M | 0.07% |
306,930
-417,001
| -58% | -$60.7M |
|
|
CELG
328
PUT
DELISTED
Celgene Corp
CELG
| $46.1M | 0.07% |
399,500
-784,000
| -66% | -$93.7M |
|
329
PPG Industries
PPG
$25.9B
| $45.6M | 0.07% |
404,072
+348,908
| +632% | +$40M |
|
330
Norwegian Cruise Line
NCLH
$8.89B
| $45.4M | 0.07% |
+840,838
| New | +$40.2M |
|
|
AMAG
331
DELISTED
AMAG Pharmaceuticals
AMAG
| $45.4M | 0.07% |
829,790
+258,073
| +45% | +$12.3M |
|
332
Aramark
ARMK
$15B
| $45.2M | 0.07% |
1,980,194
+1,138,503
| +135% | +$26.1M |
|
333
Edwards Lifesciences
EW
$47.6B
| $45.1M | 0.07% |
1,899,714
-614,886
| -24% | -$13.8M |
|
|
334
CALL
Biogen
BIIB
$29.9B
| $45M | 0.07% |
106,600
-80,700
| -43% | -$31.8M |
|
335
PUT
Verizon
VZ
$194B
| $44.8M | 0.07% |
922,100
-125,980
| -12% | -$6.08M |
|
336
Avis
CAR
$5.63B
| $44.7M | 0.07% |
757,249
-58,186
| -7% | -$3.55M |
|
|
SLXP
337
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $44.7M | 0.07% |
258,455
+256,375
| +12,326% | +$37.6M |
|
338
PUT
Pfizer
PFE
$140B
| $44.6M | 0.07% |
1,351,755
+373,854
| +38% | +$11.9M |
|
|
WWAV
339
DELISTED
The WhiteWave Foods Company
WWAV
| $44.3M | 0.07% |
1,000,000
-600,000
| -38% | -$22.9M |
|
340
PUT
CF Industries
CF
$19.2B
| $44.2M | 0.07% |
779,500
-1,006,500
| -56% | -$60M |
|
341
Green Plains
GPRE
$1.19B
| $44.2M | 0.07% |
1,547,552
+265,866
| +21% | +$6.64M |
|
342
CALL
Comcast
CMCSA
$79.1B
| $44M | 0.07% |
1,560,000
-1,848,200
| -54% | -$53.1M |
|
343
PUT
Baidu
BIDU
$35.8B
| $43.8M | 0.07% |
210,400
-157,500
| -43% | -$33.7M |
|
|
344
Pfizer
PFE
$140B
| $43.7M | 0.07% |
1,323,657
-7,290,844
| -85% | -$232M |
|
|
SHLD
345
DELISTED
Sears Holding Corporation
SHLD
| $43.5M | 0.07% |
1,051,999
-110,081
| -9% | -$4M |
|
346
Alcoa
AA
$11.7B
| $43.5M | 0.07% |
1,400,507
+296,840
| +27% | +$10.7M |
|
|
CELG
347
CALL
DELISTED
Celgene Corp
CELG
| $43M | 0.07% |
373,000
-187,700
| -33% | -$22.4M |
|
348
Saic
SAIC
$5.03B
| $42.9M | 0.07% |
835,646
-128,620
| -13% | -$6.73M |
|
349
CALL
Walmart Inc
WMT
$871B
| $42.9M | 0.07% |
1,565,100
+87,900
| +6% | +$2.49M |
|
|
TWTR
350
CALL
DELISTED
Twitter, Inc.
TWTR
| $42.8M | 0.07% |
854,700
+366,400
| +75% | +$16.2M |
|
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.