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 | |
|---|---|---|---|---|---|---|
876
PACCAR
PCAR
$69.8B
| $20M | 0.02% |
205,132
+90,144
| +78% | +$9.51M |
|
877
American Tower
AMT
$80.8B
| $19.9M | 0.02% |
91,678
+13,068
| +17% | +$2.56M |
|
878
Burlington
BURL
$23.2B
| $19.9M | 0.02% |
83,674
+39,617
| +90% | +$10.3M |
|
879
GDS Holdings
GDS
$6.56B
| $19.9M | 0.02% |
784,811
-792,013
| -50% | -$24M |
|
880
Old Dominion Freight Line
ODFL
$44.1B
| $19.9M | 0.02% |
120,015
+115,177
| +2,381% | +$20.9M |
|
|
FITB
881
Fifth Third Bancorp
FITB
$51.2B
| $19.8M | 0.02% |
505,490
+410,230
| +431% | +$17.3M |
|
882
Group 1 Automotive
GPI
$3.42B
| $19.8M | 0.02% |
51,755
-6,060
| -10% | -$2.66M |
|
883
State Street SPDR S&P Biotech ETF
XBI
$9.95B
| $19.7M | 0.02% |
243,491
-129,936
| -35% | -$11.6M |
|
884
PUT
Zillow
Z
$7.79B
| $19.7M | 0.02% |
287,800
-24,100
| -8% | -$1.84M |
|
885
Atmos Energy
ATO
$28.8B
| $19.7M | 0.02% |
127,603
-40,590
| -24% | -$5.92M |
|
886
CALL
Snowflake
SNOW
$102B
| $19.7M | 0.02% |
134,600
+8,200
| +6% | +$1.39M |
|
|
XYZ
887
CALL
Block Inc
XYZ
$48.4B
| $19.7M | 0.02% |
361,700
-174,900
| -33% | -$13.1M |
|
888
CALL
Nutrien
NTR
$33.2B
| $19.6M | 0.02% |
395,800
-80,900
| -17% | -$4.14M |
|
889
Huntington Ingalls Industries
HII
$12.9B
| $19.6M | 0.02% |
96,253
-279,619
| -74% | -$53.1M |
|
890
CALL
Verizon
VZ
$195B
| $19.6M | 0.02% |
432,400
-134,900
| -24% | -$5.62M |
|
891
CALL
Astera Labs
ALAB
$53.3B
| $19.6M | 0.02% |
328,400
+136,100
| +71% | +$12.6M |
|
892
Tetra Tech
TTEK
$8.49B
| $19.5M | 0.02% |
+666,692
| New | +$22.4M |
|
893
PUT
Intuitive Surgical
ISRG
$127B
| $19.4M | 0.02% |
39,200
+28,200
| +256% | +$15.6M |
|
894
CALL
TKO Group
TKO
$13.6B
| $19.4M | 0.02% |
126,900
+65,000
| +105% | +$9.93M |
|
895
MannKind Corp
MNKD
$1.21B
| $19.3M | 0.02% |
3,837,634
-431,429
| -10% | -$2.42M |
|
896
CALL
Live Nation Entertainment
LYV
$40.6B
| $19.3M | 0.02% |
147,800
+18,600
| +14% | +$2.54M |
|
897
iShares China Large-Cap ETF
FXI
$4.37B
| $19.3M | 0.02% |
537,833
+525,250
| +4,174% | +$17.8M |
|
898
CALL
Bristol-Myers Squibb
BMY
$133B
| $19.2M | 0.02% |
315,300
-187,200
| -37% | -$10.9M |
|
899
CALL
TransDigm Group
TDG
$70.2B
| $19.2M | 0.02% |
13,900
-800
| -5% | -$1.07M |
|
|
EXE
900
PUT
Expand Energy Corp
EXE
$21.8B
| $19.2M | 0.02% |
172,700
+120,900
| +233% | +$12.6M |
|
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.