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 | |
|---|---|---|---|---|---|---|
1476
Western Alliance Bancorporation
WAL
$9.04B
| $4.2M | 0.01% |
141,536
+9,101
| +7% | +$254K |
|
1477
CALL
Kohl's
KSS
$2.1B
| $4.18M | 0.01% |
53,400
| – | – |
|
|
HES
1478
CALL
DELISTED
Hess
HES
| $4.17M | 0.01% |
61,400
-113,500
| -65% | -$8.09M |
|
1479
CALL
Estee Lauder
EL
$30.1B
| $4.17M | 0.01% |
50,100
-110,000
| -69% | -$8.66M |
|
1480
Tempest Therapeutics
TPST
$14.9M
| $4.17M | 0.01% |
+41
| New | +$5.46M |
|
|
LF
1481
DELISTED
LEAPFROG ENTERPRISES INC.
LF
| $4.15M | 0.01% |
1,905,529
+382,108
| +25% | +$1.09M |
|
|
PCL
1482
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $4.15M | 0.01% |
95,593
+88,653
| +1,277% | +$3.86M |
|
1483
Silicon Laboratories
SLAB
$7.17B
| $4.15M | 0.01% |
81,741
-50,896
| -38% | -$2.47M |
|
1484
PUT
Lamar Advertising Co
LAMR
$16.3B
| $4.15M | 0.01% |
70,000
-4,600
| -6% | -$263K |
|
1485
Liquidity Services
LQDT
$1.21B
| $4.15M | 0.01% |
419,971
+68,722
| +20% | +$618K |
|
1486
Polaris
PII
$4.25B
| $4.15M | 0.01% |
29,393
-5,889
| -17% | -$868K |
|
|
SCAI
1487
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $4.13M | 0.01% |
+120,278
| New | +$4.01M |
|
1488
Walker & Dunlop
WD
$1.69B
| $4.13M | 0.01% |
232,821
+165,465
| +246% | +$2.81M |
|
1489
Cognizant
CTSH
$22.3B
| $4.12M | 0.01% |
66,054
-455,976
| -87% | -$26.9M |
|
1490
CALL
Lincoln National
LNC
$7.88B
| $4.11M | 0.01% |
71,500
-48,300
| -40% | -$2.7M |
|
|
DISH
1491
PUT
DELISTED
DISH Network Corp.
DISH
| $4.11M | 0.01% |
58,600
-92,100
| -61% | -$6.8M |
|
1492
Red Robin
RRGB
$136M
| $4.08M | 0.01% |
46,943
-11,308
| -19% | -$917K |
|
1493
CALL
Entergy
ETR
$53.1B
| $4.07M | 0.01% |
105,000
| – | – |
|
1494
CALL
Vale
VALE
$62.9B
| $4.07M | 0.01% |
720,000
| – | – |
|
|
CAM
1495
PUT
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $4.06M | 0.01% |
90,000
+58,600
| +187% | +$2.67M |
|
|
DEG
1496
DELISTED
ETABLISSEMENT DELHZ ADS 4 ADS REPTGS 1 ORD SHS
DEG
| $4.05M | 0.01% |
180,974
+37,868
| +26% | +$805K |
|
|
AVOL
1497
DELISTED
AVOLON HLDGS LTD SHS (CYM)
AVOL
| $4.04M | 0.01% |
190,012
+150,012
| +375% | +$3.01M |
|
1498
Skyworks Solutions
SWKS
$9.54B
| $4.04M | 0.01% |
+41,120
| New | +$3.51M |
|
|
MDRX
1499
DELISTED
Veradigm Inc. Common Stock
MDRX
| $4.03M | 0.01% |
336,992
+170,513
| +102% | +$2.08M |
|
1500
McEwen Inc
MUX
$1.04B
| $4.03M | 0.01% |
394,913
-49,078
| -11% | -$550K |
|
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.