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 | |
|---|---|---|---|---|---|---|
101
Vertex Pharmaceuticals
VRTX
$121B
| $132M | 0.2% |
1,117,031
+106,572
| +11% | +$12.8M |
|
102
AbbVie
ABBV
$458B
| $131M | 0.2% |
2,238,562
-1,994,260
| -47% | -$120M |
|
103
AT&T
T
$165B
| $130M | 0.2% |
5,269,741
-1,940,750
| -27% | -$49.3M |
|
|
TWTR
104
DELISTED
Twitter, Inc.
TWTR
| $129M | 0.2% |
2,574,372
+1,731,694
| +205% | +$76.8M |
|
105
Bank of America
BAC
$435B
| $129M | 0.2% |
8,372,392
-3,135,942
| -27% | -$50.4M |
|
106
CALL
Meta Platforms (Facebook)
META
$1.51T
| $126M | 0.19% |
1,534,100
-931,900
| -38% | -$73M |
|
|
107
PUT
Microsoft
MSFT
$2.84T
| $124M | 0.19% |
3,045,600
-1,731,000
| -36% | -$75.4M |
|
108
Union Pacific
UNP
$182B
| $124M | 0.19% |
1,141,381
-114,660
| -9% | -$13.5M |
|
109
Agilent Technologies
A
$39.1B
| $123M | 0.19% |
2,949,751
+1,540,523
| +109% | +$62.3M |
|
110
Gen Digital
GEN
$15.6B
| $123M | 0.19% |
5,242,889
+434,918
| +9% | +$10.9M |
|
|
LTRPA
111
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $122M | 0.19% |
3,833,633
+62,127
| +2% | +$1.8M |
|
|
CTXS
112
DELISTED
Citrix Systems Inc
CTXS
| $122M | 0.19% |
2,392,629
+813,948
| +52% | +$40.1M |
|
|
KRFT
113
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $121M | 0.19% |
1,393,829
+466,624
| +50% | +$30.8M |
|
114
PUT
Halliburton
HAL
$27.9B
| $121M | 0.19% |
2,758,300
+1,160,900
| +73% | +$48.4M |
|
|
CLGX
115
DELISTED
Corelogic, Inc.
CLGX
| $118M | 0.18% |
3,339,228
-39,532
| -1% | -$1.33M |
|
|
116
PUT
IBM
IBM
$202B
| $117M | 0.18% |
765,463
+258,990
| +51% | +$39.3M |
|
117
HP
HPQ
$23.5B
| $117M | 0.18% |
8,271,269
-8,389,598
| -50% | -$138M |
|
|
HNT
118
DELISTED
HEALTH NET INC
HNT
| $117M | 0.18% |
1,927,450
-96,782
| -5% | -$5.45M |
|
|
WBA
119
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $116M | 0.18% |
1,371,500
-679,800
| -33% | -$54.1M |
|
120
Motorola Solutions
MSI
$69.4B
| $116M | 0.18% |
1,741,640
-721,164
| -29% | -$47.7M |
|
121
PUT
Gilead Sciences
GILD
$161B
| $115M | 0.18% |
1,176,900
-2,444,800
| -68% | -$248M |
|
122
Westlake Corp
WLK
$9.46B
| $115M | 0.18% |
1,602,375
-70,100
| -4% | -$4.49M |
|
|
TYC
123
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $115M | 0.18% |
2,552,588
+175,706
| +7% | +$7.83M |
|
124
Autodesk
ADSK
$44.3B
| $115M | 0.18% |
1,958,206
+874,962
| +81% | +$51.8M |
|
125
PUT
AutoZone
AZO
$48.3B
| $113M | 0.17% |
165,800
-25,500
| -13% | -$16M |
|
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.