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 | |
|---|---|---|---|---|---|---|
1101
Alcon
ALC
$33.6B
| $13.5M | 0.01% |
141,853
-154,986
| -52% | -$13.9M |
|
1102
FormFactor
FORM
$8.28B
| $13.4M | 0.01% |
474,561
+221,609
| +88% | +$8.15M |
|
1103
Imperial Oil
IMO
$62.7B
| $13.3M | 0.01% |
184,736
+120,858
| +189% | +$8.3M |
|
1104
Essential Properties Realty Trust
EPRT
$6.77B
| $13.3M | 0.01% |
408,889
+314,383
| +333% | +$9.98M |
|
1105
CALL
Atlassian
TEAM
$25.6B
| $13.3M | 0.01% |
62,800
-72,100
| -53% | -$19M |
|
1106
Citizens Financial Group
CFG
$30.3B
| $13.3M | 0.01% |
324,959
+129,813
| +67% | +$5.79M |
|
1107
Chefs' Warehouse
CHEF
$4.71B
| $13.3M | 0.01% |
243,957
+152,108
| +166% | +$8.48M |
|
1108
Strategy Inc
MSTR
$34.1B
| $13.3M | 0.01% |
46,059
+32,559
| +241% | +$10.3M |
|
1109
Brighthouse Financial
BHF
$3.56B
| $13.3M | 0.01% |
228,845
-46,326
| -17% | -$2.59M |
|
1110
Tyson Foods
TSN
$20.4B
| $13.3M | 0.01% |
207,896
+186,954
| +893% | +$11M |
|
|
WCC
1111
WESCO International
WCC
$16.7B
| $13.3M | 0.01% |
85,369
+18,502
| +28% | +$3.31M |
|
|
CCIX
1112
DELISTED
Churchill Capital Corp IX
CCIX
| $13.2M | 0.01% |
1,230,669
| – | – |
|
1113
HCA Healthcare
HCA
$87.2B
| $13.2M | 0.01% |
38,314
-16,151
| -30% | -$5.19M |
|
1114
CALL
Pembina Pipeline
PBA
$28.4B
| $13.2M | 0.01% |
330,000
| – | – |
|
|
1115
CALL
GE Vernova
GEV
$264B
| $13.2M | 0.01% |
43,200
-93,675
| -68% | -$32.7M |
|
1116
Trex
TREX
$4.51B
| $13.2M | 0.01% |
226,936
-145,631
| -39% | -$9.46M |
|
1117
Comstock Resources
CRK
$3.89B
| $13.2M | 0.01% |
647,506
+337,755
| +109% | +$6.47M |
|
1118
Essent Group
ESNT
$6.08B
| $13.1M | 0.01% |
227,421
+78,343
| +53% | +$4.44M |
|
1119
Tanger
SKT
$4.67B
| $13.1M | 0.01% |
386,689
+65,995
| +21% | +$2.22M |
|
1120
CALL
PayPal
PYPL
$48.9B
| $13.1M | 0.01% |
200,000
-520,900
| -72% | -$40.6M |
|
1121
PUT
Lockheed Martin
LMT
$134B
| $13M | 0.01% |
29,200
-20,600
| -41% | -$9.48M |
|
1122
PUT
Wingstop
WING
$3.53B
| $13M | 0.01% |
57,800
-1,400
| -2% | -$364K |
|
1123
CALL
Cigna
CI
$73.7B
| $13M | 0.01% |
+39,600
| New | +$11.9M |
|
1124
Boise Cascade
BCC
$2.69B
| $13M | 0.01% |
132,229
+126,102
| +2,058% | +$14.3M |
|
1125
PUT
McDonald's
MCD
$192B
| $13M | 0.01% |
41,500
-171,200
| -80% | -$51.2M |
|
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.