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 |
Pfizer
PFE
|
+$436M |
| 2 |
AbbVie
ABBV
|
+$407M |
| 3 |
Johnson & Johnson
JNJ
|
+$295M |
| 4 |
Gilead Sciences
GILD
|
+$267M |
| 5 |
Starbucks
SBUX
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$407M |
| 2 |
Booking.com
BKNG
|
+$400M |
| 3 |
Citigroup
C
|
+$314M |
| 4 |
SHPG
Shire pic
SHPG
|
+$276M |
| 5 |
PayPal
PYPL
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.47% |
| 2 | Consumer Discretionary | 13.31% |
| 3 | Healthcare | 13.17% |
| 4 | Financials | 7.14% |
| 5 | Industrials | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Accuray
ARAY
$28.4M
| $11.3M | 0.01% |
2,371,211
+355,715
| +18% | +$1.62M |
|
|
CLVS
1002
DELISTED
Clovis Oncology, Inc.
CLVS
| $11.3M | 0.01% |
454,879
+443,569
| +3,922% | +$11.1M |
|
1003
PUT
Comcast
CMCSA
$79.1B
| $11.3M | 0.01% |
281,500
-2,111,100
| -88% | -$79.4M |
|
|
AGEN
1004
Agenus
AGEN
$249M
| $11.2M | 0.01% |
192,824
+66,591
| +53% | +$4.13M |
|
1005
PUT
BP
BP
$113B
| $11.2M | 0.01% |
261,436
+146,806
| +128% | +$6.02M |
|
|
RHT
1006
CALL
DELISTED
Red Hat Inc
RHT
| $11.2M | 0.01% |
61,500
-23,600
| -28% | -$4.23M |
|
|
SAGE
1007
CALL
DELISTED
Sage Therapeutics
SAGE
| $11.2M | 0.01% |
70,300
-30,000
| -30% | -$4.34M |
|
1008
Estee Lauder
EL
$29B
| $11.1M | 0.01% |
67,260
-157,237
| -70% | -$23.1M |
|
|
GLUU
1009
DELISTED
Glu Mobile Inc.
GLUU
| $11.1M | 0.01% |
1,017,756
+53,400
| +6% | +$502K |
|
1010
CALL
Martin Marietta Materials
MLM
$33.6B
| $11.1M | 0.01% |
55,300
| – | – |
|
1011
Aclaris Therapeutics
ACRS
$730M
| $11.1M | 0.01% |
1,852,869
-425,495
| -19% | -$2.82M |
|
1012
Cannae Holdings
CNNE
$647M
| $11.1M | 0.01% |
456,964
-45,374
| -9% | -$954K |
|
1013
Travel + Leisure Co
TNL
$4.54B
| $11.1M | 0.01% |
273,177
-204,289
| -43% | -$8.6M |
|
1014
National Fuel Gas
NFG
$7.84B
| $11.1M | 0.01% |
181,422
-6,551
| -3% | -$380K |
|
1015
FirstEnergy
FE
$28.9B
| $11M | 0.01% |
265,008
-401,687
| -60% | -$16M |
|
|
TELL
1016
DELISTED
Tellurian Inc.
TELL
| $11M | 0.01% |
979,400
+286,659
| +41% | +$2.69M |
|
1017
Deckers Outdoor
DECK
$13.3B
| $10.9M | 0.01% |
446,982
-328,878
| -42% | -$7.47M |
|
|
TRUE
1018
DELISTED
TrueCar
TRUE
| $10.9M | 0.01% |
1,646,605
+305,383
| +23% | +$2.55M |
|
|
NEWR
1019
DELISTED
New Relic, Inc.
NEWR
| $10.9M | 0.01% |
110,776
-136,287
| -55% | -$13.5M |
|
|
EE
1020
DELISTED
El Paso Electric Company
EE
| $10.9M | 0.01% |
185,879
-82,231
| -31% | -$4.44M |
|
1021
APA Corp
APA
$12.8B
| $10.9M | 0.01% |
315,183
+217,994
| +224% | +$7.1M |
|
1022
Oneok
OKE
$58.7B
| $10.9M | 0.01% |
156,222
-929,783
| -86% | -$60.2M |
|
1023
BioCryst Pharmaceuticals
BCRX
$2.37B
| $10.9M | 0.01% |
1,338,695
-160,787
| -11% | -$1.38M |
|
|
FSCT
1024
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $10.9M | 0.01% |
+259,377
| New | +$9.3M |
|
1025
Five Below
FIVE
$11.2B
| $10.9M | 0.01% |
87,486
+84,554
| +2,884% | +$10.2M |
|
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D.E. Shaw & Co's Q1 2019 Portfolio in Review
As of Q1 2019, D.E. Shaw & Co held 4,169 positions worth $77.4B, up 6.6% from $72.6B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
D.E. Shaw & Co withdrew a net $6.74B in Q1 2019, closing 617 positions and reducing 1,599 holdings. Its most notable exit was Shire pic, an estimated $276M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Lyft worth $159M.
- D.E. Shaw & Co's largest Q1 2019 buy was Lyft: 2,245,851 shares worth $159M.
- D.E. Shaw & Co added most to Pfizer in Q1 2019, an estimated $436M increase.
- D.E. Shaw & Co's biggest Q1 2019 reduction was Bristol-Myers Squibb, cutting an estimated $407M.
- D.E. Shaw & Co fully exited Shire pic in Q1 2019, selling an estimated $276M.
- D.E. Shaw & Co's ten largest holdings make up 9% of its $77.4B portfolio in Q1 2019.
- D.E. Shaw & Co opened 447 new positions and closed 617 in Q1 2019.
- D.E. Shaw & Co's portfolio value rose 6.6% quarter-over-quarter to $77.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2019, filed 15 May 2019.