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 | |
|---|---|---|---|---|---|---|
|
CIVI
1776
DELISTED
Civitas Solutions, Inc.
CIVI
| $2.7M | ﹤0.01% |
128,952
-14,904
| -10% | -$286K |
|
|
LLTC
1777
CALL
DELISTED
Linear Technology Corp
LLTC
| $2.7M | ﹤0.01% |
57,700
-9,200
| -14% | -$431K |
|
1778
DigitalBridge
DBRG
$2.93B
| $2.7M | ﹤0.01% |
28,886
-10,635
| -27% | -$964K |
|
|
RAD
1779
CALL
DELISTED
Rite Aid Corporation
RAD
| $2.69M | ﹤0.01% |
15,500
-3,500
| -18% | -$545K |
|
1780
PUT
Lincoln National
LNC
$7.88B
| $2.69M | ﹤0.01% |
46,800
-119,300
| -72% | -$6.66M |
|
1781
TTEC Holdings
TTEC
$107M
| $2.69M | ﹤0.01% |
105,569
+6,249
| +6% | +$146K |
|
1782
Sturm, Ruger & Co
RGR
$620M
| $2.68M | ﹤0.01% |
54,022
-47,722
| -47% | -$2.14M |
|
1783
Insmed
INSM
$22.7B
| $2.67M | ﹤0.01% |
128,575
-142,175
| -53% | -$2.5M |
|
1784
MGIC Investment
MTG
$6.34B
| $2.67M | ﹤0.01% |
277,455
-116,021
| -29% | -$1.06M |
|
|
ATSG
1785
DELISTED
Air Transport Services Group
ATSG
| $2.67M | ﹤0.01% |
289,460
+6,785
| +2% | +$59.3K |
|
|
NUVA
1786
DELISTED
NuVasive, Inc.
NUVA
| $2.67M | ﹤0.01% |
57,995
-13,842
| -19% | -$643K |
|
|
CVA
1787
DELISTED
Covanta Holding Corporation
CVA
| $2.66M | ﹤0.01% |
+118,749
| New | +$2.54M |
|
|
EDR
1788
DELISTED
Education Realty Trust Inc
EDR
| $2.66M | ﹤0.01% |
75,147
+54,638
| +266% | +$1.96M |
|
|
EZCH
1789
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $2.66M | ﹤0.01% |
138,918
+54,623
| +65% | +$1.1M |
|
1790
Stepan Co
SCL
$1.31B
| $2.65M | ﹤0.01% |
63,727
+27,055
| +74% | +$1.08M |
|
|
AMSG
1791
DELISTED
Amsurg Corp
AMSG
| $2.65M | ﹤0.01% |
43,109
+37,135
| +622% | +$2.14M |
|
|
ABB
1792
DELISTED
ABB Ltd
ABB
| $2.65M | ﹤0.01% |
125,129
+110,898
| +779% | +$2.28M |
|
|
FNFG
1793
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $2.64M | ﹤0.01% |
298,207
-813,954
| -73% | -$6.94M |
|
|
CIR
1794
DELISTED
CIRCOR International, Inc
CIR
| $2.63M | ﹤0.01% |
48,126
+8,557
| +22% | +$454K |
|
1795
Olin
OLN
$2.49B
| $2.63M | ﹤0.01% |
+82,106
| New | +$2.2M |
|
1796
Henry Schein
HSIC
$9.64B
| $2.63M | ﹤0.01% |
48,017
-35,241
| -42% | -$1.93M |
|
|
GCAP
1797
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $2.63M | ﹤0.01% |
268,742
+77,815
| +41% | +$712K |
|
1798
PUT
Seagate
STX
$185B
| $2.62M | ﹤0.01% |
50,400
-50,100
| -50% | -$2.98M |
|
|
MVC
1799
DELISTED
MVC Capital, Inc.
MVC
| $2.62M | ﹤0.01% |
276,498
+44,574
| +19% | +$433K |
|
|
CLR
1800
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $2.62M | ﹤0.01% |
60,000
-165,800
| -73% | -$7.05M |
|
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.