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 | |
|---|---|---|---|---|---|---|
726
CALL
Applied Materials
AMAT
$426B
| $15M | 0.02% |
665,300
-67,500
| -9% | -$1.62M |
|
727
Trimble
TRMB
$12.3B
| $15M | 0.02% |
594,147
+437,807
| +280% | +$11.2M |
|
|
728
CALL
LyondellBasell Industries
LYB
$19.5B
| $14.9M | 0.02% |
170,000
-67,500
| -28% | -$5.68M |
|
729
JD.com
JD
$40.8B
| $14.9M | 0.02% |
+507,430
| New | +$13.6M |
|
730
Reinsurance Group of America
RGA
$15.7B
| $14.9M | 0.02% |
159,690
+107,532
| +206% | +$9.5M |
|
731
Mitsubishi UFJ Financial
MUFG
$258B
| $14.9M | 0.02% |
2,390,715
+32,173
| +1% | +$191K |
|
732
Murphy USA
MUSA
$11.3B
| $14.9M | 0.02% |
205,447
-110,871
| -35% | -$7.79M |
|
733
PUT
Molson Coors Class B
TAP
$7.68B
| $14.9M | 0.02% |
199,700
-241,100
| -55% | -$18.2M |
|
|
THS
734
DELISTED
Treehouse Foods
THS
| $14.9M | 0.02% |
174,761
-66,559
| -28% | -$5.74M |
|
735
CALL
American Tower
AMT
$77.7B
| $14.9M | 0.02% |
157,800
-33,300
| -17% | -$3.24M |
|
|
DATA
736
DELISTED
Tableau Software, Inc.
DATA
| $14.8M | 0.02% |
159,752
-48,960
| -23% | -$4.45M |
|
|
CELG
737
DELISTED
Celgene Corp
CELG
| $14.7M | 0.02% |
127,648
+20,012
| +19% | +$2.39M |
|
738
PUT
Morgan Stanley
MS
$337B
| $14.7M | 0.02% |
412,300
-1,119,100
| -73% | -$40.2M |
|
|
AAN.A
739
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $14.7M | 0.02% |
519,442
+118,969
| +30% | +$3.37M |
|
740
Beazer Homes USA
BZH
$907M
| $14.7M | 0.02% |
827,213
-168,929
| -17% | -$2.88M |
|
741
PUT
VF Corp
VFC
$6.68B
| $14.7M | 0.02% |
206,665
-184,682
| -47% | -$12.8M |
|
|
HOLX
742
DELISTED
Hologic
HOLX
| $14.6M | 0.02% |
442,700
+221,555
| +100% | +$6.8M |
|
|
XL
743
DELISTED
XL Group Ltd.
XL
| $14.6M | 0.02% |
397,004
-347,014
| -47% | -$12.4M |
|
744
PUT
Capri Holdings
CPRI
$1.77B
| $14.6M | 0.02% |
221,900
-175,300
| -44% | -$12M |
|
745
Cameco
CCJ
$38.3B
| $14.6M | 0.02% |
1,045,603
+898,157
| +609% | +$13.4M |
|
|
AVG
746
DELISTED
AVG Technologies N.V.
AVG
| $14.5M | 0.02% |
671,592
+84,903
| +14% | +$1.79M |
|
747
Northrop Grumman
NOC
$77B
| $14.5M | 0.02% |
+90,128
| New | +$14.4M |
|
748
Sempra
SRE
$60.8B
| $14.5M | 0.02% |
265,982
-619,540
| -70% | -$34.1M |
|
749
Host Hotels & Resorts
HST
$16.8B
| $14.5M | 0.02% |
717,829
-1,638,575
| -70% | -$36.6M |
|
|
MNTA
750
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $14.5M | 0.02% |
952,997
+180,556
| +23% | +$2.35M |
|
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.