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 | |
|---|---|---|---|---|---|---|
3601
Assurant
AIZ
$13.7B
| $328K | ﹤0.01% |
1,565
-2,300
| -60% | -$480K |
|
3602
Tejon Ranch
TRC
$476M
| $328K | ﹤0.01% |
20,707
-775
| -4% | -$12.3K |
|
3603
Apogee Therapeutics
APGE
$10.2B
| $328K | ﹤0.01% |
8,776
-1,037
| -11% | -$40.1K |
|
3604
CALL
Winnebago Industries
WGO
$870M
| $327K | ﹤0.01% |
+9,500
| New | +$403K |
|
|
AMED
3605
CALL
DELISTED
Amedisys
AMED
| $324K | ﹤0.01% |
3,500
| – | – |
|
3606
RBB Bancorp
RBB
$446M
| $324K | ﹤0.01% |
+19,645
| New | +$358K |
|
3607
Village Super Market
VLGEA
$631M
| $323K | ﹤0.01% |
+8,510
| New | +$283K |
|
3608
Recursion Pharmaceuticals
RXRX
$1.57B
| $322K | ﹤0.01% |
+60,906
| New | +$444K |
|
3609
JFrog
FROG
$9.71B
| $322K | ﹤0.01% |
+10,053
| New | +$350K |
|
|
ZYXI
3610
DELISTED
Zynex
ZYXI
| $322K | ﹤0.01% |
146,207
+4,565
| +3% | +$29.8K |
|
3611
Cathay General Bancorp
CATY
$4.2B
| $321K | ﹤0.01% |
+7,449
| New | +$342K |
|
3612
Johnson Controls International
JCI
$87.5B
| $320K | ﹤0.01% |
4,000
+321
| +9% | +$26.4K |
|
3613
Pampa Energía
PAM
$4.64B
| $318K | ﹤0.01% |
4,125
-11,904
| -74% | -$989K |
|
3614
CALL
Valero Energy
VLO
$89.8B
| $317K | ﹤0.01% |
2,400
-82,700
| -97% | -$11M |
|
3615
CALL
Generac Holdings
GNRC
$11.9B
| $317K | ﹤0.01% |
2,500
-45,700
| -95% | -$6.56M |
|
3616
CALL
Dream Finders Homes
DFH
$1.46B
| $316K | ﹤0.01% |
+14,000
| New | +$327K |
|
3617
CALL
CNX Resources
CNX
$4.85B
| $315K | ﹤0.01% |
10,000
-105,600
| -91% | -$3.18M |
|
3618
Axcelis
ACLS
$4.12B
| $313K | ﹤0.01% |
6,310
-34,070
| -84% | -$2.15M |
|
3619
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.02B
| $311K | ﹤0.01% |
3,744
| – | – |
|
3620
Eagle Materials
EXP
$6.6B
| $311K | ﹤0.01% |
1,400
-79
| -5% | -$18.7K |
|
3621
Enel Chile
ENIC
$5.96B
| $310K | ﹤0.01% |
94,778
-58,750
| -38% | -$188K |
|
3622
PUT
Legend Biotech
LEGN
$4.3B
| $309K | ﹤0.01% |
9,100
| – | – |
|
3623
Columbia India Consumer ETF
INCO
$226M
| $308K | ﹤0.01% |
5,174
+1,307
| +34% | +$78.6K |
|
3624
Bitwise Crypto Industry Innovators ETF
BITQ
$385M
| $307K | ﹤0.01% |
25,291
+10,370
| +69% | +$170K |
|
3625
Atomera
ATOM
$201M
| $307K | ﹤0.01% |
+76,671
| New | +$597K |
|
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.