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 | |
|---|---|---|---|---|---|---|
1651
PUT
Mettler-Toledo International
MTD
$27B
| $3.29M | 0.01% |
10,000
| – | – |
|
1652
Vanda Pharmaceuticals
VNDA
$314M
| $3.28M | 0.01% |
352,781
-16,490
| -4% | -$186K |
|
|
AHT
1653
Ashford Hospitality Trust
AHT
$20.9M
| $3.27M | 0.01% |
344
+109
| +46% | +$1.11M |
|
|
LMNX
1654
DELISTED
Luminex Corp
LMNX
| $3.25M | 0.01% |
203,440
+149,382
| +276% | +$2.51M |
|
1655
Titan International
TWI
$519M
| $3.25M | 0.01% |
347,549
-82,794
| -19% | -$805K |
|
1656
PUT
Allstate
ALL
$67.3B
| $3.25M | 0.01% |
45,700
-99,400
| -69% | -$7.02M |
|
1657
Target
TGT
$63.7B
| $3.24M | 0.01% |
+39,517
| New | +$3.05M |
|
1658
Ribbon Communications
RBBN
$359M
| $3.24M | 0.01% |
411,146
+113,729
| +38% | +$1.87M |
|
1659
CALL
Core Laboratories
CLB
$518M
| $3.24M | 0.01% |
31,000
+20,800
| +204% | +$2.22M |
|
|
PGI
1660
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $3.24M | 0.01% |
338,676
+81,082
| +31% | +$773K |
|
1661
Steel Dynamics
STLD
$36.1B
| $3.23M | 0.01% |
160,833
-101,246
| -39% | -$1.89M |
|
1662
Comstock Resources
CRK
$3.82B
| $3.23M | ﹤0.01% |
180,723
+15,252
| +9% | +$377K |
|
1663
QuidelOrtho
QDEL
$1.15B
| $3.22M | ﹤0.01% |
119,514
+50,483
| +73% | +$1.29M |
|
1664
PUT
Bunge Global
BG
$22.8B
| $3.22M | ﹤0.01% |
39,100
-80,100
| -67% | -$6.84M |
|
|
QGENF
1665
DELISTED
QIAGEN NV
QGENF
| $3.22M | ﹤0.01% |
127,588
-89,761
| -41% | -$2.26M |
|
1666
VF Corp
VFC
$6.72B
| $3.21M | ﹤0.01% |
+45,330
| New | +$3.14M |
|
1667
Radian Group
RDN
$5.18B
| $3.2M | ﹤0.01% |
190,812
-585,209
| -75% | -$9.54M |
|
|
IMOS
1668
ChipMOS TECHNOLOGIES
IMOS
$1.91B
| $3.19M | ﹤0.01% |
117,595
+8,147
| +7% | +$212K |
|
1669
CALL
Akamai
AKAM
$16.4B
| $3.19M | ﹤0.01% |
44,900
+10,000
| +29% | +$661K |
|
|
BBBY
1670
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.19M | ﹤0.01% |
41,500
-234,900
| -85% | -$17.8M |
|
1671
Spectrum Brands
SPB
$2.04B
| $3.16M | ﹤0.01% |
+35,278
| New | +$3.29M |
|
1672
CALL
Capital One
COF
$127B
| $3.15M | ﹤0.01% |
40,000
-56,000
| -58% | -$4.4M |
|
1673
PUT
Salesforce
CRM
$142B
| $3.15M | ﹤0.01% |
47,200
-383,700
| -89% | -$23.8M |
|
1674
PUT
Duke Energy
DUK
$100B
| $3.15M | ﹤0.01% |
41,000
-81,100
| -66% | -$6.58M |
|
|
VSTO
1675
DELISTED
Vista Outdoor Inc.
VSTO
| $3.15M | ﹤0.01% |
+73,517
| New | +$3.12M |
|
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.