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 | |
|---|---|---|---|---|---|---|
3501
First Trust Technology AlphaDEX Fund
FXL
$2.47B
| $394K | ﹤0.01% |
2,982
| – | – |
|
3502
PUT
Hertz
HTZ
$609M
| $394K | ﹤0.01% |
100,000
-4,700
| -4% | -$18.9K |
|
3503
CALL
Virgin Galactic
SPCE
$326M
| $394K | ﹤0.01% |
130,000
-55,000
| -30% | -$241K |
|
|
CALY
3504
CALL
Callaway Golf Company
CALY
$3.27B
| $393K | ﹤0.01% |
59,700
-236,900
| -80% | -$1.74M |
|
3505
Telos
TLS
$346M
| $393K | ﹤0.01% |
164,961
-425,006
| -72% | -$1.3M |
|
|
DHIL
3506
DELISTED
Diamond Hill
DHIL
| $391K | ﹤0.01% |
2,735
+500
| +22% | +$73.9K |
|
|
TGI
3507
DELISTED
Triumph Group
TGI
| $390K | ﹤0.01% |
15,381
-69,052
| -82% | -$1.6M |
|
3508
CALL
HF Sinclair
DINO
$16.4B
| $388K | ﹤0.01% |
+11,800
| New | +$414K |
|
3509
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.82B
| $387K | ﹤0.01% |
10,078
-300
| -3% | -$12.5K |
|
3510
Sabre
SABR
$704M
| $387K | ﹤0.01% |
137,759
+763
| +0.6% | +$2.7K |
|
3511
Invesco S&P 500 Top 50 ETF
XLG
$10.4B
| $387K | ﹤0.01% |
+8,408
| New | +$415K |
|
3512
B&G Foods
BGS
$291M
| $387K | ﹤0.01% |
56,283
-124,486
| -69% | -$831K |
|
3513
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.2B
| $386K | ﹤0.01% |
+3,100
| New | +$415K |
|
3514
Bar Harbor Bankshares
BHB
$659M
| $384K | ﹤0.01% |
+13,014
| New | +$406K |
|
|
EFC
3515
Ellington Financial
EFC
$1.68B
| $383K | ﹤0.01% |
28,908
+7,146
| +33% | +$92.4K |
|
3516
Adicet Bio
ACET
$76.5M
| $382K | ﹤0.01% |
31,592
-21,350
| -40% | -$305K |
|
3517
PUT
Darling Ingredients
DAR
$9.56B
| $381K | ﹤0.01% |
12,200
-65,100
| -84% | -$2.28M |
|
3518
CALL
Prologis
PLD
$136B
| $380K | ﹤0.01% |
3,400
-18,300
| -84% | -$2.12M |
|
|
API
3519
Agora
API
$337M
| $379K | ﹤0.01% |
94,386
| – | – |
|
3520
SEACOR Marine Holdings
SMHI
$216M
| $379K | ﹤0.01% |
74,983
-26,888
| -26% | -$166K |
|
3521
ROBO Global Robotics & Automation Index ETF
ROBO
$1.93B
| $379K | ﹤0.01% |
7,358
-300
| -4% | -$17.2K |
|
3522
Sable Offshore Corp
SOC
$838M
| $377K | ﹤0.01% |
+14,870
| New | +$381K |
|
3523
Helix Energy Solutions
HLX
$1.44B
| $377K | ﹤0.01% |
45,382
-4,206
| -8% | -$35.4K |
|
3524
Companhia Siderúrgica Nacional
SID
$1.47B
| $377K | ﹤0.01% |
225,741
+121,847
| +117% | +$187K |
|
3525
State Street SPDR S&P Global Infrastructure ETF
GII
$930M
| $377K | ﹤0.01% |
6,076
| – | – |
|
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.