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 | |
|---|---|---|---|---|---|---|
1201
CALL
Dollar Tree
DLTR
$23.1B
| $6.49M | 0.01% |
80,000
+36,400
| +83% | +$2.76M |
|
1202
Tronox
TROX
$995M
| $6.47M | 0.01% |
318,073
+53,607
| +20% | +$1.14M |
|
|
MDVN
1203
CALL
DELISTED
MEDIVATION, INC.
MDVN
| $6.45M | 0.01% |
100,000
+7,800
| +8% | +$447K |
|
1204
CALL
KLA
KLAC
$275B
| $6.45M | 0.01% |
1,107,000
| – | – |
|
|
GTI
1205
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $6.44M | 0.01% |
1,655,902
+315,136
| +24% | +$1.26M |
|
|
OREX
1206
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $6.44M | 0.01% |
82,256
+8,574
| +12% | +$532K |
|
|
WEB
1207
DELISTED
Web.com Group, Inc.
WEB
| $6.43M | 0.01% |
339,344
-138,905
| -29% | -$2.41M |
|
1208
Toro Company
TTC
$8.93B
| $6.43M | 0.01% |
183,376
+148,732
| +429% | +$4.93M |
|
|
ENIA
1209
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $6.4M | 0.01% |
729,430
+316,446
| +77% | +$2.72M |
|
1210
SiriusXM
SIRI
$10B
| $6.38M | 0.01% |
166,917
-82,549
| -33% | -$3.1M |
|
|
XNPT
1211
DELISTED
XENOPORT, INC.
XNPT
| $6.37M | 0.01% |
894,807
-186,738
| -17% | -$1.45M |
|
1212
SunCoke Energy
SXC
$757M
| $6.35M | 0.01% |
425,123
+209,235
| +97% | +$3.57M |
|
1213
CALL
Broadcom
AVGO
$1.82T
| $6.35M | 0.01% |
500,000
-374,000
| -43% | -$4.29M |
|
1214
Shutterstock
SSTK
$205M
| $6.35M | 0.01% |
92,436
+19,408
| +27% | +$1.18M |
|
|
UNTD
1215
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $6.33M | 0.01% |
397,680
+52,181
| +15% | +$801K |
|
1216
Clearwater Paper
CLW
$271M
| $6.31M | 0.01% |
96,605
-52,336
| -35% | -$3.48M |
|
1217
KeyCorp
KEY
$24.3B
| $6.3M | 0.01% |
445,107
-580,898
| -57% | -$7.98M |
|
1218
PUT
Cracker Barrel
CBRL
$1.2B
| $6.3M | 0.01% |
41,400
+10,000
| +32% | +$1.41M |
|
1219
PUT
Yum! Brands
YUM
$41B
| $6.3M | 0.01% |
111,280
-532,058
| -83% | -$29M |
|
|
SGMO
1220
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $6.29M | 0.01% |
400,883
+3,376
| +0.8% | +$52.2K |
|
|
1221
CALL
Bausch Health
BHC
$1.65B
| $6.28M | 0.01% |
31,600
-20,000
| -39% | -$3.55M |
|
1222
PUT
Stratasys
SSYS
$697M
| $6.27M | 0.01% |
118,800
-40,300
| -25% | -$2.67M |
|
|
HOT
1223
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $6.26M | 0.01% |
75,000
-87,800
| -54% | -$6.87M |
|
1224
Blackstone Mortgage Trust
BXMT
$2.82B
| $6.25M | 0.01% |
220,331
-69,398
| -24% | -$2M |
|
1225
Insperity
NSP
$1.85B
| $6.22M | 0.01% |
237,922
-100,452
| -30% | -$2.34M |
|
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.