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 | |
|---|---|---|---|---|---|---|
1626
CALL
Danaher
DHR
$138B
| $3.4M | 0.01% |
59,513
-356,485
| -86% | -$20.5M |
|
1627
PUT
Ulta Beauty
ULTA
$20.7B
| $3.39M | 0.01% |
22,500
| – | – |
|
|
SFS
1628
DELISTED
Smart & Final Stores, Inc.
SFS
| $3.39M | 0.01% |
192,532
+9,278
| +5% | +$147K |
|
|
JCP
1629
DELISTED
J.C. Penney Company, Inc.
JCP
| $3.38M | 0.01% |
402,212
-2,522,065
| -86% | -$19.6M |
|
|
GOLD
1630
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $3.37M | 0.01% |
48,922
-313,567
| -87% | -$23.6M |
|
|
BTU
1631
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $3.37M | 0.01% |
45,615
-301,562
| -87% | -$30.4M |
|
1632
A.O. Smith
AOS
$8.61B
| $3.37M | 0.01% |
+102,502
| New | +$3.12M |
|
|
BBBY
1633
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.35M | 0.01% |
43,600
-71,400
| -62% | -$5.42M |
|
1634
CALL
Electronic Arts
EA
$52.4B
| $3.34M | 0.01% |
56,800
-300
| -0.5% | -$16.2K |
|
|
HIMX
1635
Himax Technologies
HIMX
$2.22B
| $3.34M | 0.01% |
527,761
-397,241
| -43% | -$3.03M |
|
1636
New York Times
NYT
$11.7B
| $3.34M | 0.01% |
242,417
+78,786
| +48% | +$1.06M |
|
|
SEMG
1637
DELISTED
SEMGROUP CORPORATION
SEMG
| $3.33M | 0.01% |
41,001
-119,201
| -74% | -$8.53M |
|
1638
Brown & Brown
BRO
$23.6B
| $3.33M | 0.01% |
201,222
+23,374
| +13% | +$377K |
|
1639
Altria Group
MO
$122B
| $3.33M | 0.01% |
66,560
-14,483
| -18% | -$769K |
|
1640
FormFactor
FORM
$7.7B
| $3.32M | 0.01% |
374,532
+123,882
| +49% | +$1.08M |
|
1641
PUT
Eaton
ETN
$155B
| $3.32M | 0.01% |
48,900
-57,600
| -54% | -$3.92M |
|
|
WLL
1642
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $3.32M | 0.01% |
358
-191
| -35% | -$1.93M |
|
|
EBSB
1643
DELISTED
Meridian Bancorp, Inc.
EBSB
| $3.31M | 0.01% |
251,715
+219,587
| +683% | +$2.67M |
|
1644
CALL
Ralph Lauren
RL
$22.6B
| $3.31M | 0.01% |
25,200
-13,700
| -35% | -$2.03M |
|
|
HR
1645
DELISTED
Healthcare Realty Trust Incorporated
HR
| $3.31M | 0.01% |
119,195
-56,739
| -32% | -$1.62M |
|
1646
Manchester United
MANU
$3.96B
| $3.31M | 0.01% |
207,914
+63,912
| +44% | +$1.03M |
|
1647
CALL
TJX Companies
TJX
$173B
| $3.31M | 0.01% |
94,400
-163,600
| -63% | -$5.57M |
|
|
AUTO
1648
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $3.31M | 0.01% |
223,780
+23,569
| +12% | +$275K |
|
1649
Pilgrim's Pride
PPC
$6.94B
| $3.29M | 0.01% |
145,801
-359,992
| -71% | -$10.2M |
|
|
ANSS
1650
DELISTED
Ansys
ANSS
| $3.29M | 0.01% |
37,319
+4,577
| +14% | +$387K |
|
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.