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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SEM
1051
DELISTED
Select Medical
SEM
| $8.35M | 0.01% |
1,032,990
-511,614
| -33% | -$6.08M |
|
1052
CALL
United Rentals
URI
$71.1B
| $8.32M | 0.01% |
80,900
-41,000
| -34% | -$5.44M |
|
1053
PUT
MarketAxess Holdings
MKTX
$4.15B
| $8.31M | 0.01% |
25,000
+10,100
| +68% | +$3.52M |
|
1054
CALL
3M
MMM
$89B
| $8.29M | 0.01% |
72,597
-91,375
| -56% | -$12M |
|
1055
CALL
Ambarella
AMBA
$2.99B
| $8.28M | 0.01% |
170,600
| – | – |
|
1056
Hilton Grand Vacations
HGV
$3.84B
| $8.28M | 0.01% |
524,824
+400,401
| +322% | +$11M |
|
|
CYBR
1057
PUT
DELISTED
CyberArk
CYBR
| $8.26M | 0.01% |
96,500
+54,100
| +128% | +$6.24M |
|
1058
CALL
Palo Alto Networks
PANW
$264B
| $8.25M | 0.01% |
301,800
-261,000
| -46% | -$9.11M |
|
1059
BioMarin Pharmaceuticals
BMRN
$11.5B
| $8.24M | 0.01% |
97,485
-178,603
| -65% | -$15.4M |
|
1060
CALL
Wayfair
W
$11.1B
| $8.23M | 0.01% |
154,100
-111,300
| -42% | -$8.52M |
|
1061
Calix
CALX
$2.27B
| $8.23M | 0.01% |
1,162,980
-44,262
| -4% | -$373K |
|
1062
CALL
Boston Beer
SAM
$1.88B
| $8.23M | 0.01% |
22,400
+15,900
| +245% | +$5.9M |
|
1063
KeyCorp
KEY
$24.3B
| $8.21M | 0.01% |
+791,864
| New | +$13.2M |
|
1064
Avista
AVA
$3.47B
| $8.2M | 0.01% |
192,951
-21,380
| -10% | -$1.03M |
|
|
GWPH
1065
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $8.2M | 0.01% |
93,600
-37,900
| -29% | -$4.01M |
|
1066
CALL
Accenture
ACN
$89.9B
| $8.2M | 0.01% |
50,200
-29,800
| -37% | -$5.74M |
|
1067
Teradata
TDC
$2.68B
| $8.19M | 0.01% |
399,737
-909
| -0.2% | -$20.9K |
|
1068
CarMax
KMX
$8.27B
| $8.19M | 0.01% |
152,135
-1,394,387
| -90% | -$118M |
|
1069
APA Corp
APA
$12.8B
| $8.18M | 0.01% |
1,955,634
+1,743,755
| +823% | +$38.9M |
|
1070
CALL
Teradyne
TER
$54.8B
| $8.17M | 0.01% |
150,800
| – | – |
|
1071
CALL
Fortinet
FTNT
$112B
| $8.14M | 0.01% |
402,500
+123,000
| +44% | +$2.64M |
|
|
LMNX
1072
DELISTED
Luminex Corp
LMNX
| $8.13M | 0.01% |
295,363
-159,620
| -35% | -$3.92M |
|
|
THS
1073
DELISTED
Treehouse Foods
THS
| $8.12M | 0.01% |
184,004
+32,515
| +21% | +$1.4M |
|
1074
PUT
Petrobras
PBR
$121B
| $8.11M | 0.01% |
1,475,000
-1,242,700
| -46% | -$14.8M |
|
1075
Agios Pharmaceuticals
AGIO
$2.16B
| $8.06M | 0.01% |
227,303
-27,371
| -11% | -$1.26M |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.