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 | |
|---|---|---|---|---|---|---|
3651
PUT
Par Pacific Holdings
PARR
$3.88B
| $288K | ﹤0.01% |
20,200
-78,100
| -79% | -$1.23M |
|
3652
ACNB Corp
ACNB
$634M
| $288K | ﹤0.01% |
+6,989
| New | +$283K |
|
3653
Standex International
SXI
$3.68B
| $287K | ﹤0.01% |
1,780
| – | – |
|
3654
PUT
Genesco
GCO
$396M
| $287K | ﹤0.01% |
+13,500
| New | +$470K |
|
3655
CubeSmart
CUBE
$9.53B
| $286K | ﹤0.01% |
6,704
-2,137
| -24% | -$89.3K |
|
3656
Commerce Bancshares
CBSH
$8.5B
| $286K | ﹤0.01% |
4,826
+105
| +2% | +$6.4K |
|
|
RDUS
3657
PUT
DELISTED
Radius Recycling
RDUS
| $286K | ﹤0.01% |
9,900
-5,000
| -34% | -$80.6K |
|
3658
CALL
Illumina
ILMN
$29.4B
| $286K | ﹤0.01% |
3,600
-63,200
| -95% | -$6.84M |
|
3659
Fidelity MSCI Information Technology Index ETF
FTEC
$19.9B
| $285K | ﹤0.01% |
1,770
-100
| -5% | -$17.9K |
|
3660
PUT
Braze
BRZE
$2.45B
| $285K | ﹤0.01% |
+7,900
| New | +$318K |
|
3661
Navigator Holdings
NVGS
$1.34B
| $285K | ﹤0.01% |
21,377
-7,081
| -25% | -$110K |
|
3662
WPP
WPP
$4.04B
| $284K | ﹤0.01% |
+7,478
| New | +$333K |
|
3663
CALL
Alcoa
AA
$11.7B
| $284K | ﹤0.01% |
9,300
-212,300
| -96% | -$7.43M |
|
|
AXON
3664
Axon Enterprise
AXON
$40.5B
| $282K | ﹤0.01% |
536
-28,984
| -98% | -$17M |
|
3665
First Mid Bancshares
FMBH
$1.36B
| $281K | ﹤0.01% |
+8,064
| New | +$298K |
|
3666
Sarepta Therapeutics
SRPT
$1.66B
| $281K | ﹤0.01% |
4,406
+906
| +26% | +$95.4K |
|
3667
CALL
Trupanion
TRUP
$1.05B
| $280K | ﹤0.01% |
7,500
-30,100
| -80% | -$1.25M |
|
|
LX
3668
LexinFintech Holdings
LX
$244M
| $278K | ﹤0.01% |
27,600
-61,254
| -69% | -$513K |
|
|
UHGWW
3669
DELISTED
United Homes Group Warrant
UHGWW
| $277K | ﹤0.01% |
439,789
| – | – |
|
|
NXRT
3670
NexPoint Residential Trust
NXRT
$665M
| $277K | ﹤0.01% |
+7,000
| New | +$277K |
|
3671
Southern First Bancshares
SFST
$582M
| $276K | ﹤0.01% |
8,382
+432
| +5% | +$15.1K |
|
3672
JPMorgan US Tech Leaders ETF
JTEK
$4.04B
| $275K | ﹤0.01% |
+4,100
| New | +$315K |
|
3673
Global X MLP ETF
MLPA
$2.28B
| $275K | ﹤0.01% |
5,172
-16,950
| -77% | -$891K |
|
3674
PUT
Arrowhead Research
ARWR
$12.1B
| $275K | ﹤0.01% |
+21,600
| New | +$393K |
|
|
FERAU
3675
Fifth Era Acquisition Corp I Units
FERAU
| $273K | ﹤0.01% |
+27,143
| New | +$272K |
|
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.