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 | |
|---|---|---|---|---|---|---|
651
J.M. Smucker
SJM
$12.6B
| $17.2M | 0.03% |
148,316
+98,485
| +198% | +$10.8M |
|
652
PUT
Alcoa
AA
$11.7B
| $17.1M | 0.03% |
551,436
-1,324,594
| -71% | -$47.6M |
|
653
State Street SPDR Dow Jones International Real Estate ETF
RWX
$265M
| $17.1M | 0.03% |
395,000
| – | – |
|
654
Philip Morris
PM
$301B
| $17.1M | 0.03% |
226,907
-292,703
| -56% | -$23.8M |
|
655
PUT
Ralph Lauren
RL
$22.2B
| $17.1M | 0.03% |
129,700
-24,900
| -16% | -$3.69M |
|
656
CALL
Home Depot
HD
$332B
| $17M | 0.03% |
149,600
-237,500
| -61% | -$26.2M |
|
657
CALL
Pfizer
PFE
$140B
| $17M | 0.03% |
514,563
-274,145
| -35% | -$8.72M |
|
658
Capri Holdings
CPRI
$1.77B
| $17M | 0.03% |
258,027
+137,387
| +114% | +$9.43M |
|
|
CHK
659
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $16.9M | 0.03% |
5,983
+3,891
| +186% | +$13.7M |
|
660
Signet Jewelers
SIG
$3.55B
| $16.9M | 0.03% |
121,674
-39,801
| -25% | -$4.93M |
|
661
Sumitomo Mitsui Financial
SMFG
$166B
| $16.9M | 0.03% |
2,180,561
+449,027
| +26% | +$3.36M |
|
662
Albemarle
ALB
$13.5B
| $16.8M | 0.03% |
+318,779
| New | +$17.4M |
|
|
ACAS
663
DELISTED
American Capital Ltd
ACAS
| $16.8M | 0.03% |
+1,138,726
| New | +$16.7M |
|
664
FedEx
FDX
$74.5B
| $16.8M | 0.03% |
101,735
+72,890
| +253% | +$12.7M |
|
665
CALL
Freeport-McMoran
FCX
$90B
| $16.8M | 0.03% |
885,800
+580,000
| +190% | +$11.5M |
|
|
EEQ
666
DELISTED
Enbridge Energy Management Llc
EEQ
| $16.8M | 0.03% |
655,759
+29,466
| +5% | +$759K |
|
|
HAWK
667
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $16.7M | 0.03% |
468,853
-317,141
| -40% | -$11.3M |
|
|
GLUU
668
DELISTED
Glu Mobile Inc.
GLUU
| $16.7M | 0.03% |
3,331,230
+2,238,305
| +205% | +$10M |
|
|
MON
669
CALL
DELISTED
Monsanto Co
MON
| $16.7M | 0.03% |
148,200
-195,000
| -57% | -$23.2M |
|
|
ICPT
670
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $16.6M | 0.03% |
59,000
+40,000
| +211% | +$8.66M |
|
671
Universal Health Services
UHS
$9.43B
| $16.6M | 0.03% |
141,166
+44,708
| +46% | +$4.95M |
|
|
WBC
672
DELISTED
WABCO HOLDINGS INC.
WBC
| $16.5M | 0.03% |
134,417
-58,264
| -30% | -$6.33M |
|
673
Ally Financial
ALLY
$13.1B
| $16.5M | 0.03% |
784,900
-2,964,649
| -79% | -$62.4M |
|
|
TSRO
674
DELISTED
TESARO, Inc.
TSRO
| $16.4M | 0.03% |
286,035
+243,431
| +571% | +$11.5M |
|
|
SLXP
675
CALL
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $16.4M | 0.03% |
95,000
+75,700
| +392% | +$11.1M |
|
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.