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 | |
|---|---|---|---|---|---|---|
|
MRC
1126
DELISTED
MRC Global
MRC
| $7.41M | 0.01% |
1,740,218
+254,903
| +17% | +$2.39M |
|
1127
Neogen
NEOG
$2.05B
| $7.4M | 0.01% |
220,992
+26,646
| +14% | +$874K |
|
|
DOCU
1128
CALL
DocuSign
DOCU
$9.63B
| $7.39M | 0.01% |
80,000
-10,000
| -11% | -$804K |
|
1129
Telephone and Data Systems
TDS
$3.91B
| $7.39M | 0.01% |
440,667
-54,611
| -11% | -$1.18M |
|
1130
CALL
Burlington
BURL
$22B
| $7.38M | 0.01% |
46,600
+9,900
| +27% | +$2.08M |
|
1131
PUT
Workday
WDAY
$33.4B
| $7.38M | 0.01% |
56,700
-29,200
| -34% | -$4.92M |
|
1132
B2Gold
BTG
$5.16B
| $7.38M | 0.01% |
2,431,645
+1,525,693
| +168% | +$6.05M |
|
1133
PUT
F5
FFIV
$22.1B
| $7.34M | 0.01% |
68,800
+13,000
| +23% | +$1.59M |
|
1134
Semtech
SMTC
$11.7B
| $7.33M | 0.01% |
195,363
-66,992
| -26% | -$3.03M |
|
1135
Frontdoor
FTDR
$5.02B
| $7.29M | 0.01% |
209,739
+68,155
| +48% | +$2.9M |
|
|
CUK
1136
DELISTED
Carnival PLC
CUK
| $7.27M | 0.01% |
609,017
+604,615
| +13,735% | +$20.2M |
|
1137
8x8 Inc
EGHT
$247M
| $7.26M | 0.01% |
524,108
+173,549
| +50% | +$3.16M |
|
1138
PUT
Wayfair
W
$11.1B
| $7.25M | 0.01% |
135,600
+24,300
| +22% | +$1.86M |
|
1139
CALL
BP
BP
$113B
| $7.24M | 0.01% |
297,000
-96,800
| -25% | -$3.13M |
|
|
NPTN
1140
DELISTED
NEOPHOTONICS CORP
NPTN
| $7.23M | 0.01% |
997,835
-243,758
| -20% | -$1.81M |
|
1141
Varonis Systems
VRNS
$5.25B
| $7.23M | 0.01% |
340,827
-183,117
| -35% | -$4.8M |
|
1142
Boyd Gaming
BYD
$6.47B
| $7.21M | 0.01% |
500,000
+213,517
| +75% | +$5.47M |
|
1143
Bankunited
BKU
$3.38B
| $7.18M | 0.01% |
384,006
-137,615
| -26% | -$4.11M |
|
1144
CALL
GDS Holdings
GDS
$6.34B
| $7.18M | 0.01% |
123,800
-36,400
| -23% | -$2.03M |
|
1145
PUT
Wynn Resorts
WYNN
$10.1B
| $7.17M | 0.01% |
119,200
+29,500
| +33% | +$3.3M |
|
|
CLDR
1146
PUT
DELISTED
Cloudera, Inc.
CLDR
| $7.16M | 0.01% |
910,000
| – | – |
|
1147
Fortis
FTS
$30B
| $7.13M | 0.01% |
184,853
+37,230
| +25% | +$1.53M |
|
|
HTZ
1148
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $7.13M | 0.01% |
1,153,352
-5,443,392
| -83% | -$73.6M |
|
1149
Associated Banc-Corp
ASB
$5.81B
| $7.12M | 0.01% |
556,553
+229,540
| +70% | +$4.12M |
|
|
LM
1150
DELISTED
Legg Mason, Inc.
LM
| $7.12M | 0.01% |
145,710
+112,592
| +340% | +$4.91M |
|
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.