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 | |
|---|---|---|---|---|---|---|
|
CBPX
1501
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $4.03M | 0.01% |
178,176
+104,254
| +141% | +$1.92M |
|
|
CALD
1502
DELISTED
Callidus Software, Inc.
CALD
| $4.02M | 0.01% |
316,784
+9,518
| +3% | +$138K |
|
1503
PUT
Teck Resources
TECK
$29.3B
| $4.01M | 0.01% |
292,000
-40,300
| -12% | -$568K |
|
1504
PUT
Intuit
INTU
$83.1B
| $4M | 0.01% |
41,300
| – | – |
|
1505
CALL
Texas Instruments
TXN
$255B
| $4M | 0.01% |
70,000
-391,800
| -85% | -$22M |
|
|
FNGN
1506
DELISTED
Financial Engines, Inc.
FNGN
| $4M | 0.01% |
95,668
+58,850
| +160% | +$2.32M |
|
1507
Analog Devices
ADI
$181B
| $4M | 0.01% |
+63,459
| New | +$3.6M |
|
1508
CALL
Trane Technologies
TT
$107B
| $4M | 0.01% |
58,700
-17,600
| -23% | -$1.16M |
|
1509
Alaunos Therapeutics
TCRT
$4.71M
| $3.99M | 0.01% |
2,472
+699
| +39% | +$1.04M |
|
|
PCYC
1510
PUT
DELISTED
PHARMACYCLICS INC
PCYC
| $3.99M | 0.01% |
15,600
-158,500
| -91% | -$30.6M |
|
|
CPE
1511
DELISTED
Callon Petroleum Company
CPE
| $3.99M | 0.01% |
53,442
+47,922
| +868% | +$3.11M |
|
1512
Upbound Group
UPBD
$1.2B
| $3.98M | 0.01% |
+144,874
| New | +$4.41M |
|
1513
Merit Medical Systems
MMSI
$4.54B
| $3.95M | 0.01% |
205,129
+113,319
| +123% | +$2.02M |
|
|
IQNT
1514
DELISTED
Inteliquent, Inc.
IQNT
| $3.95M | 0.01% |
250,711
+42,857
| +21% | +$733K |
|
1515
Equinix
EQIX
$103B
| $3.94M | 0.01% |
16,918
-161,775
| -91% | -$36.6M |
|
1516
Burlington
BURL
$22.5B
| $3.94M | 0.01% |
66,268
-74,406
| -53% | -$3.99M |
|
1517
Trinity Industries
TRN
$2.95B
| $3.94M | 0.01% |
153,997
-121,992
| -44% | -$2.67M |
|
|
RATE
1518
DELISTED
Bankrate Inc
RATE
| $3.93M | 0.01% |
346,474
+122,848
| +55% | +$1.53M |
|
1519
Hawaiian Electric Industries
HE
$2.28B
| $3.92M | 0.01% |
122,157
+1,799
| +1% | +$60K |
|
1520
PUT
Simon Property Group
SPG
$75.1B
| $3.91M | 0.01% |
20,000
| – | – |
|
1521
Movado Group
MOV
$835M
| $3.91M | 0.01% |
136,972
+11,504
| +9% | +$289K |
|
1522
PUT
Credit Acceptance
CACC
$5.78B
| $3.9M | 0.01% |
+20,000
| New | +$3.38M |
|
|
IOC
1523
DELISTED
Interoil Corporation
IOC
| $3.9M | 0.01% |
84,436
+32,622
| +63% | +$1.4M |
|
1524
CALL
Qorvo
QRVO
$7.92B
| $3.88M | 0.01% |
+48,750
| New | +$3.47M |
|
|
CYBR
1525
DELISTED
CyberArk
CYBR
| $3.88M | 0.01% |
69,886
+63,086
| +928% | +$2.98M |
|
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.