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 | |
|---|---|---|---|---|---|---|
451
PUT
Lowe's Companies
LOW
$116B
| $30.3M | 0.05% |
406,800
+115,600
| +40% | +$8.29M |
|
452
CALL
Visa
V
$677B
| $30.1M | 0.05% |
459,700
+6,100
| +1% | +$403K |
|
453
Teradata
TDC
$2.68B
| $30.1M | 0.05% |
680,827
+53,590
| +9% | +$2.34M |
|
454
PUT
Whirlpool
WHR
$2.42B
| $30M | 0.05% |
148,600
-416,200
| -74% | -$84.5M |
|
|
MRO
455
DELISTED
Marathon Oil Corporation
MRO
| $30M | 0.05% |
1,149,029
-213,939
| -16% | -$5.8M |
|
456
Archer Daniels Midland
ADM
$41.4B
| $29.9M | 0.05% |
630,138
-1,628,681
| -72% | -$77.6M |
|
457
Baxter International
BAX
$11.6B
| $29.7M | 0.05% |
797,361
+665,840
| +506% | +$25.2M |
|
458
PUT
EOG Resources
EOG
$78B
| $29.7M | 0.05% |
323,400
-414,700
| -56% | -$37.5M |
|
459
PUT
Kroger
KR
$34.8B
| $29.6M | 0.05% |
771,600
-445,600
| -37% | -$15.9M |
|
|
LNKD
460
PUT
DELISTED
LinkedIn Corporation
LNKD
| $29.6M | 0.05% |
118,300
-415,700
| -78% | -$103M |
|
461
Hyatt Hotels
H
$17.6B
| $29.5M | 0.05% |
498,686
+61,557
| +14% | +$3.6M |
|
462
Lockheed Martin
LMT
$134B
| $29.5M | 0.05% |
145,321
+38,260
| +36% | +$7.55M |
|
463
PUT
Walmart Inc
WMT
$871B
| $29.5M | 0.05% |
1,074,600
-1,324,500
| -55% | -$37.6M |
|
464
Arbutus Biopharma
ABUS
$865M
| $29.4M | 0.05% |
1,681,900
+1,625,221
| +2,867% | +$33.3M |
|
465
Scotiabank
BNS
$106B
| $29.3M | 0.04% |
616,981
+191,903
| +45% | +$9.37M |
|
466
PUT
Blackrock
BLK
$164B
| $29.3M | 0.04% |
80,000
-202,400
| -72% | -$73.4M |
|
|
AVP
467
DELISTED
Avon Products, Inc.
AVP
| $29.2M | 0.04% |
3,658,111
+1,135,905
| +45% | +$9.43M |
|
|
TWC
468
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $29.2M | 0.04% |
195,000
+140,000
| +255% | +$20.9M |
|
|
VMW
469
DELISTED
VMware, Inc
VMW
| $29.2M | 0.04% |
356,211
+351,471
| +7,415% | +$28.7M |
|
|
EVHC
470
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $29M | 0.04% |
252,835
+185,476
| +275% | +$20.2M |
|
|
KING
471
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $29M | 0.04% |
1,805,288
+990,038
| +121% | +$14.3M |
|
472
PUT
American Airlines Group
AAL
$9.58B
| $28.9M | 0.04% |
548,200
+289,200
| +112% | +$14.7M |
|
473
CALL
Cisco
CSCO
$450B
| $28.9M | 0.04% |
1,048,900
-1,304,600
| -55% | -$36.7M |
|
474
Goldman Sachs
GS
$313B
| $28.9M | 0.04% |
153,529
+140,056
| +1,040% | +$26.1M |
|
475
Restaurant Brands International
QSR
$25.1B
| $28.9M | 0.04% |
751,342
-1,856,540
| -71% | -$74M |
|
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.