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 | |
|---|---|---|---|---|---|---|
1051
PUT
PepsiCo
PEP
$186B
| $10.3M | 0.01% |
84,300
-6,700
| -7% | -$764K |
|
1052
PUT
Mohawk Industries
MHK
$6.9B
| $10.3M | 0.01% |
81,800
+53,300
| +187% | +$6.94M |
|
1053
CALL
Freeport-McMoran
FCX
$90B
| $10.3M | 0.01% |
799,700
-573,700
| -42% | -$6.94M |
|
|
AIMC
1054
DELISTED
Altra Industrial Motion Corp
AIMC
| $10.3M | 0.01% |
331,254
+100,108
| +43% | +$3.03M |
|
|
CERN
1055
DELISTED
Cerner Corp
CERN
| $10.3M | 0.01% |
179,414
+105,309
| +142% | +$5.86M |
|
1056
PUT
Madison Square Garden
MSGS
$9.54B
| $10.3M | 0.01% |
49,070
-2,243
| -4% | -$456K |
|
|
DATA
1057
CALL
DELISTED
Tableau Software, Inc.
DATA
| $10.2M | 0.01% |
80,500
-10,000
| -11% | -$1.26M |
|
1058
Atkore
ATKR
$2.59B
| $10.2M | 0.01% |
474,174
+95,110
| +25% | +$2.13M |
|
|
EGRX
1059
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $10.2M | 0.01% |
201,907
-83,411
| -29% | -$3.71M |
|
|
ATVI
1060
CALL
DELISTED
Activision Blizzard
ATVI
| $10.2M | 0.01% |
+223,900
| New | +$10.1M |
|
1061
CALL
Transocean
RIG
$5.92B
| $10.2M | 0.01% |
1,167,200
+313,100
| +37% | +$2.68M |
|
1062
Avery Dennison
AVY
$12.3B
| $10.1M | 0.01% |
89,583
-274,771
| -75% | -$28.4M |
|
|
1063
CALL
Mohawk Industries
MHK
$6.9B
| $10.1M | 0.01% |
80,000
+27,400
| +52% | +$3.57M |
|
|
FL
1064
DELISTED
Foot Locker
FL
| $10.1M | 0.01% |
165,957
-12,244
| -7% | -$713K |
|
|
SYNH
1065
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $10.1M | 0.01% |
194,277
-337,714
| -63% | -$16.4M |
|
1066
Photronics
PLAB
$1.79B
| $10M | 0.01% |
1,063,095
-188,188
| -15% | -$1.91M |
|
1067
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $10M | 0.01% |
50,000
-16,000
| -24% | -$3.23M |
|
1068
Aptiv
APTV
$12B
| $10M | 0.01% |
126,348
-319,151
| -72% | -$24.5M |
|
1069
Ultragenyx Pharmaceutical
RARE
$2.65B
| $10M | 0.01% |
144,177
-177,657
| -55% | -$10.2M |
|
1070
SunCoke Energy
SXC
$757M
| $9.99M | 0.01% |
1,176,920
-347,597
| -23% | -$3.38M |
|
|
MIC
1071
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $9.98M | 0.01% |
242,117
+10,862
| +5% | +$446K |
|
1072
BioMarin Pharmaceuticals
BMRN
$11.5B
| $9.97M | 0.01% |
112,270
-123,499
| -52% | -$11.4M |
|
1073
Healthcare Realty
HR
$7.42B
| $9.97M | 0.01% |
348,715
-265,254
| -43% | -$7.38M |
|
1074
MGIC Investment
MTG
$6.27B
| $9.96M | 0.01% |
755,404
+651,403
| +626% | +$8.11M |
|
|
CBPO
1075
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $9.95M | 0.01% |
109,087
-18,573
| -15% | -$1.52M |
|
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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.