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 | |
|---|---|---|---|---|---|---|
|
SINA
1676
DELISTED
Sina Corp
SINA
| $3.14M | ﹤0.01% |
97,700
-306,896
| -76% | -$11M |
|
1677
Photronics
PLAB
$1.76B
| $3.13M | ﹤0.01% |
368,153
+33,315
| +10% | +$281K |
|
|
TSYS
1678
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| $3.13M | ﹤0.01% |
816,698
+71,416
| +10% | +$228K |
|
|
STKL
1679
DELISTED
SunOpta
STKL
| $3.13M | ﹤0.01% |
294,414
+108,623
| +58% | +$1.19M |
|
1680
Tilly's
TLYS
$117M
| $3.13M | ﹤0.01% |
199,788
+69,733
| +54% | +$930K |
|
|
HPY
1681
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $3.12M | ﹤0.01% |
66,677
-49,920
| -43% | -$2.53M |
|
1682
CALL
Macy's
M
$6.57B
| $3.12M | ﹤0.01% |
48,100
| – | – |
|
1683
KT
KT
$8.92B
| $3.12M | ﹤0.01% |
238,505
+220,137
| +1,198% | +$2.99M |
|
1684
Matsons
MATX
$6.22B
| $3.12M | ﹤0.01% |
73,923
-45,202
| -38% | -$1.72M |
|
1685
CALL
Teva Pharmaceuticals
TEVA
$36.2B
| $3.12M | ﹤0.01% |
50,000
| – | – |
|
1686
Employers Holdings
EIG
$906M
| $3.11M | ﹤0.01% |
115,091
+41,928
| +57% | +$982K |
|
1687
National CineMedia
NCMI
$362M
| $3.1M | ﹤0.01% |
20,547
+561
| +3% | +$83.6K |
|
|
SIR
1688
DELISTED
SELECT INCOME REIT
SIR
| $3.1M | ﹤0.01% |
282,168
-347,816
| -55% | -$3.84M |
|
|
SE
1689
DELISTED
Spectra Energy Corp Wi
SE
| $3.1M | ﹤0.01% |
85,611
-875,589
| -91% | -$30.6M |
|
1690
CALL
Welltower
WELL
$175B
| $3.09M | ﹤0.01% |
+40,000
| New | +$3.15M |
|
1691
Oxford Industries
OXM
$602M
| $3.09M | ﹤0.01% |
40,919
+31,864
| +352% | +$1.79M |
|
1692
Innoviva
INVA
$1.57B
| $3.08M | ﹤0.01% |
195,737
-468
| -0.2% | -$7.08K |
|
1693
PUT
CNX Resources
CNX
$4.77B
| $3.07M | ﹤0.01% |
132,000
+120,000
| +1,000% | +$3.06M |
|
|
HEES
1694
DELISTED
H&E Equipment Services
HEES
| $3.07M | ﹤0.01% |
122,748
+74,576
| +155% | +$1.68M |
|
|
ONIT
1695
PUT
Onity Group
ONIT
$336M
| $3.06M | ﹤0.01% |
24,727
-3,360
| -12% | -$450K |
|
1696
Expro Ltd
XPRO
$1.78B
| $3.05M | ﹤0.01% |
27,227
+5,333
| +24% | +$540K |
|
1697
CALL
Cracker Barrel
CBRL
$1.17B
| $3.04M | ﹤0.01% |
20,000
| – | – |
|
|
VMW
1698
PUT
DELISTED
VMware, Inc
VMW
| $3.04M | ﹤0.01% |
37,100
-213,600
| -85% | -$17.5M |
|
|
LJPC
1699
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $3.04M | ﹤0.01% |
166,114
+100,236
| +152% | +$2.03M |
|
1700
PUT
First Solar
FSLR
$22.1B
| $3.04M | ﹤0.01% |
50,800
-165,900
| -77% | -$8.52M |
|
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.