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 | |
|---|---|---|---|---|---|---|
|
CBI
776
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $13.8M | 0.02% |
280,500
-60,400
| -18% | -$2.54M |
|
|
AL
777
DELISTED
Air Lease Corp
AL
| $13.8M | 0.02% |
365,114
+29,890
| +9% | +$1.1M |
|
778
Humana
HUM
$46.7B
| $13.8M | 0.02% |
77,363
-16,721
| -18% | -$2.65M |
|
779
PUT
Altria Group
MO
$122B
| $13.7M | 0.02% |
274,700
-321,500
| -54% | -$17.1M |
|
780
Rayonier Advanced Materials
RYAM
$565M
| $13.7M | 0.02% |
920,636
+170,636
| +23% | +$3.11M |
|
781
Teradyne
TER
$54.8B
| $13.7M | 0.02% |
727,678
+162,269
| +29% | +$3.11M |
|
782
CALL
Simon Property Group
SPG
$74.5B
| $13.7M | 0.02% |
70,000
| – | – |
|
|
SNDK
783
PUT
DELISTED
SANDISK CORP
SNDK
| $13.7M | 0.02% |
215,200
-392,600
| -65% | -$31.9M |
|
|
SWN
784
PUT
DELISTED
Southwestern Energy Company
SWN
| $13.7M | 0.02% |
589,500
+548,000
| +1,320% | +$13.6M |
|
785
Telus
TU
$16B
| $13.6M | 0.02% |
821,784
+46,000
| +6% | +$795K |
|
786
PUT
Qualcomm
QCOM
$176B
| $13.6M | 0.02% |
196,800
-440,700
| -69% | -$31.1M |
|
|
AXE
787
DELISTED
Anixter International Inc
AXE
| $13.6M | 0.02% |
178,789
+41,390
| +30% | +$3.23M |
|
788
Western Union
WU
$2.57B
| $13.6M | 0.02% |
652,627
+167,942
| +35% | +$3.13M |
|
789
PUT
eBay
EBAY
$48.6B
| $13.6M | 0.02% |
559,310
-3,381,999
| -86% | -$80.7M |
|
790
CALL
Union Pacific
UNP
$183B
| $13.6M | 0.02% |
125,200
-90,000
| -42% | -$10.6M |
|
|
PXD
791
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $13.6M | 0.02% |
82,900
-99,000
| -54% | -$15.2M |
|
|
HPP
792
Hudson Pacific Properties
HPP
$834M
| $13.5M | 0.02% |
58,308
+30,199
| +107% | +$6.77M |
|
793
Cadence Design Systems
CDNS
$90B
| $13.5M | 0.02% |
733,593
+209,104
| +40% | +$3.81M |
|
794
PUT
Tapestry
TPR
$28.8B
| $13.5M | 0.02% |
326,300
-1,005,000
| -75% | -$40M |
|
795
CALL
Advance Auto Parts
AAP
$3.37B
| $13.5M | 0.02% |
90,200
-11,100
| -11% | -$1.71M |
|
|
ANDV
796
PUT
DELISTED
Andeavor
ANDV
| $13.5M | 0.02% |
147,800
-7,700
| -5% | -$646K |
|
|
CXO
797
DELISTED
CONCHO RESOURCES INC.
CXO
| $13.5M | 0.02% |
+116,391
| New | +$12.7M |
|
798
Service Corp International
SCI
$11.4B
| $13.5M | 0.02% |
517,108
+264,509
| +105% | +$6.43M |
|
799
Exelon
EXC
$48.6B
| $13.4M | 0.02% |
559,817
-662,791
| -54% | -$16.4M |
|
|
LXFT
800
DELISTED
Luxoft Holding, Inc.
LXFT
| $13.4M | 0.02% |
258,411
+196,440
| +317% | +$8.95M |
|
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.