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 | |
|---|---|---|---|---|---|---|
|
CVSA
1076
Covista Inc
CVSA
$3.94B
| $8.09M | 0.01% |
242,618
-360,032
| -60% | -$14M |
|
1077
CALL
Clorox
CLX
$11.6B
| $8.09M | 0.01% |
73,300
-127,600
| -64% | -$13.9M |
|
|
CMA.WS
1078
DELISTED
Comerica Incorporated Ws
CMA.WS
| $8.09M | 0.01% |
500,000
| – | – |
|
1079
PUT
Range Resources
RRC
$9.11B
| $8.08M | 0.01% |
155,300
+35,000
| +29% | +$1.74M |
|
1080
Old Republic International
ORI
$10.3B
| $8.04M | 0.01% |
538,402
-296,934
| -36% | -$4.36M |
|
|
GTLS
1081
DELISTED
Chart Industries
GTLS
| $8.04M | 0.01% |
229,153
+36,479
| +19% | +$1.17M |
|
1082
CALL
Thermo Fisher Scientific
TMO
$211B
| $8.02M | 0.01% |
59,700
| – | – |
|
1083
Lesaka Technologies
LSAK
$388M
| $7.99M | 0.01% |
584,281
+44,508
| +8% | +$579K |
|
|
ZIONW
1084
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $7.99M | 0.01% |
2,148,700
| – | – |
|
|
BLOX
1085
DELISTED
Infoblox Inc
BLOX
| $7.99M | 0.01% |
334,560
+85,359
| +34% | +$1.83M |
|
1086
Interface
TILE
$1.91B
| $7.96M | 0.01% |
382,843
+340,605
| +806% | +$6.13M |
|
1087
PUT
Cigna
CI
$76.6B
| $7.91M | 0.01% |
61,100
-224,300
| -79% | -$26.1M |
|
1088
Gray Television
GTN
$407M
| $7.9M | 0.01% |
571,848
+475,005
| +490% | +$5.4M |
|
1089
CenterPoint Energy
CNP
$29.1B
| $7.89M | 0.01% |
386,492
-964,168
| -71% | -$21.1M |
|
|
DF
1090
DELISTED
Dean Foods Company
DF
| $7.89M | 0.01% |
477,163
-71,943
| -13% | -$1.23M |
|
1091
Abercrombie & Fitch
ANF
$4.17B
| $7.87M | 0.01% |
357,109
-71,886
| -17% | -$1.77M |
|
1092
Live Nation Entertainment
LYV
$41.2B
| $7.87M | 0.01% |
311,757
-78,322
| -20% | -$1.98M |
|
1093
Banco de Chile
BCH
$20.6B
| $7.85M | 0.01% |
385,334
+124,500
| +48% | +$2.57M |
|
|
SCTY
1094
CALL
DELISTED
SolarCity Corporation
SCTY
| $7.8M | 0.01% |
152,200
-215,200
| -59% | -$11.1M |
|
1095
CALL
Credit Acceptance
CACC
$6B
| $7.8M | 0.01% |
40,000
+20,000
| +100% | +$3.38M |
|
1096
PUT
Ashland
ASH
$3.04B
| $7.79M | 0.01% |
125,093
-23,097
| -16% | -$1.4M |
|
1097
ONE Gas
OGS
$5.05B
| $7.78M | 0.01% |
180,000
-120,000
| -40% | -$5.13M |
|
|
CHK
1098
DELISTED
Chesapeake Energy Corporation
CHK
| $7.78M | 0.01% |
2,747
+1,623
| +144% | +$5.73M |
|
1099
SM Energy
SM
$7.96B
| $7.73M | 0.01% |
149,657
-66,326
| -31% | -$2.88M |
|
1100
PUT
Dollar Tree
DLTR
$23.1B
| $7.72M | 0.01% |
95,200
-46,300
| -33% | -$3.51M |
|
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.