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 |
GE Vernova
GEV
|
+$686M |
| 2 |
Walt Disney
DIS
|
+$555M |
| 3 |
Palantir
PLTR
|
+$522M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$493M |
| 5 |
TSMC
TSM
|
+$464M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$981M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$951M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$596M |
| 4 |
Eli Lilly
LLY
|
+$555M |
| 5 |
Arthur J. Gallagher & Co
AJG
|
+$499M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.18% |
| 2 | Healthcare | 9.91% |
| 3 | Consumer Discretionary | 9.25% |
| 4 | Financials | 6.45% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
AppFolio
APPF
$6.23B
| $5.77M | 0.01% |
26,218
-12,927
| -33% | -$2.97M |
|
1677
PUT
Dick's Sporting Goods
DKS
$17.9B
| $5.76M | 0.01% |
28,600
-47,900
| -63% | -$10.7M |
|
1678
Lincoln National
LNC
$8.8B
| $5.76M | 0.01% |
160,316
+144,997
| +947% | +$5.14M |
|
1679
ZTO Express
ZTO
$18.1B
| $5.75M | 0.01% |
+289,607
| New | +$5.65M |
|
1680
iShares MSCI Brazil ETF
EWZ
$9.25B
| $5.73M | 0.01% |
+221,756
| New | +$5.52M |
|
1681
CALL
US Bancorp
USB
$98B
| $5.73M | 0.01% |
+135,700
| New | +$6.26M |
|
1682
Grand Canyon Education
LOPE
$3.98B
| $5.72M | 0.01% |
33,088
+1,308
| +4% | +$227K |
|
1683
Movado Group
MOV
$849M
| $5.72M | 0.01% |
342,012
+84,434
| +33% | +$1.6M |
|
1684
PUT
KB Home
KBH
$3.45B
| $5.7M | 0.01% |
98,100
+7,700
| +9% | +$490K |
|
1685
Madison Square Garden
MSGS
$9.75B
| $5.7M | 0.01% |
29,280
+11,043
| +61% | +$2.28M |
|
1686
Ally Financial
ALLY
$13.2B
| $5.69M | 0.01% |
156,095
-984,189
| -86% | -$36.3M |
|
1687
CALL
Cleveland-Cliffs
CLF
$6.64B
| $5.68M | 0.01% |
691,600
+541,600
| +361% | +$5.5M |
|
1688
CALL
Amer Sports
AS
$21B
| $5.68M | 0.01% |
+212,500
| New | +$6.29M |
|
1689
CALL
Williams Companies
WMB
$86.7B
| $5.68M | 0.01% |
95,000
+31,200
| +49% | +$1.79M |
|
1690
Independence Realty Trust
IRT
$3.93B
| $5.67M | 0.01% |
267,304
+177,522
| +198% | +$3.57M |
|
1691
PUT
Group 1 Automotive
GPI
$3.53B
| $5.65M | 0.01% |
14,800
+3,000
| +25% | +$1.31M |
|
1692
Apple Hospitality REIT
APLE
$3.92B
| $5.65M | 0.01% |
+437,294
| New | +$6.39M |
|
1693
PUT
Valaris
VAL
$5.23B
| $5.64M | 0.01% |
143,700
+39,800
| +38% | +$1.71M |
|
1694
Teladoc Health
TDOC
$1.19B
| $5.64M | 0.01% |
708,743
+501,746
| +242% | +$5.08M |
|
1695
InterDigital
IDCC
$7.84B
| $5.63M | 0.01% |
27,223
-3,630
| -12% | -$731K |
|
|
RFAI
1696
RF Acquisition Corp II
RFAI
$92.3M
| $5.63M | 0.01% |
541,134
| – | – |
|
1697
PUT
Boston Scientific
BSX
$68.4B
| $5.61M | 0.01% |
+55,600
| New | +$5.6M |
|
1698
Trupanion
TRUP
$1.07B
| $5.59M | 0.01% |
150,055
+27,687
| +23% | +$1.15M |
|
1699
CALL
Warner Bros
WBD
$63.9B
| $5.59M | 0.01% |
520,900
+93,800
| +22% | +$981K |
|
1700
Coursera
COUR
$1.51B
| $5.59M | 0.01% |
838,880
+212,056
| +34% | +$1.68M |
|
Similar funds
D.E. Shaw & Co's Q1 2025 Portfolio in Review
As of Q1 2025, D.E. Shaw & Co held 4,902 positions worth $112B, down 18% from $136B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $21.6B in Q1 2025, closing 704 positions and reducing 1,734 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $951M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in KKR & Co 6.25% Series D Preferred Stock worth $88.2M.
- D.E. Shaw & Co's largest Q1 2025 buy was KKR & Co 6.25% Series D Preferred Stock: 1,800,000 shares worth $88.2M.
- D.E. Shaw & Co added most to GE Vernova in Q1 2025, an estimated $686M increase.
- D.E. Shaw & Co's biggest Q1 2025 reduction was Boeing, cutting an estimated $981M.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $951M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $112B portfolio in Q1 2025.
- D.E. Shaw & Co opened 569 new positions and closed 704 in Q1 2025.
- D.E. Shaw & Co's portfolio value fell 18% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q1 2025, filed 15 May 2025.