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 | |
|---|---|---|---|---|---|---|
|
CRR
1801
PUT
DELISTED
Carbo Ceramics Inc.
CRR
| $2.62M | ﹤0.01% |
85,700
-32,400
| -27% | -$1.14M |
|
1802
ASE Group
ASX
$74B
| $2.61M | ﹤0.01% |
+362,699
| New | +$2.53M |
|
|
CCC
1803
DELISTED
Calgon Carbon Corp
CCC
| $2.6M | ﹤0.01% |
123,655
+9,240
| +8% | +$187K |
|
1804
PUT
Southern Company
SO
$110B
| $2.6M | ﹤0.01% |
+58,800
| New | +$2.79M |
|
|
ESRX
1805
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $2.6M | ﹤0.01% |
+30,000
| New | +$2.52M |
|
|
GAP
1806
PUT
The Gap Inc
GAP
$7.31B
| $2.6M | ﹤0.01% |
60,000
-51,000
| -46% | -$2.13M |
|
1807
Factset
FDS
$10.2B
| $2.6M | ﹤0.01% |
16,307
-28,501
| -64% | -$4.27M |
|
|
JOY
1808
DELISTED
Joy Global Inc
JOY
| $2.59M | ﹤0.01% |
66,185
-268,707
| -80% | -$11.4M |
|
|
SLXP
1809
PUT
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $2.59M | ﹤0.01% |
15,000
-10,000
| -40% | -$1.47M |
|
|
FUR
1810
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $2.58M | ﹤0.01% |
158,411
+139,803
| +751% | +$2.25M |
|
1811
Carlisle Companies
CSL
$14.1B
| $2.58M | ﹤0.01% |
27,855
+21,451
| +335% | +$1.98M |
|
|
ARO
1812
DELISTED
Aeropostale Inc
ARO
| $2.57M | ﹤0.01% |
741,175
+47,557
| +7% | +$152K |
|
1813
PUT
Campbell Soup
CPB
$6.83B
| $2.56M | ﹤0.01% |
55,000
-254,700
| -82% | -$11.8M |
|
1814
PUT
Trane Technologies
TT
$103B
| $2.56M | ﹤0.01% |
37,600
-208,400
| -85% | -$13.8M |
|
|
PXD
1815
DELISTED
Pioneer Natural Resource Co.
PXD
| $2.55M | ﹤0.01% |
15,614
-145,818
| -90% | -$22.4M |
|
|
CHMT
1816
DELISTED
Chemtura Corporation
CHMT
| $2.55M | ﹤0.01% |
93,481
-142,141
| -60% | -$3.51M |
|
1817
United Microelectronic
UMC
$43.8B
| $2.54M | ﹤0.01% |
1,041,496
+134,386
| +15% | +$328K |
|
|
AMCC
1818
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $2.52M | ﹤0.01% |
494,966
+203,622
| +70% | +$1.12M |
|
|
SSE
1819
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
| $2.52M | ﹤0.01% |
607,850
-1,413,031
| -70% | -$6.28M |
|
|
KCG
1820
DELISTED
KCG Holdings, Inc.
KCG
| $2.52M | ﹤0.01% |
205,367
+166,283
| +425% | +$2.05M |
|
1821
CALL
lululemon athletica
LULU
$13.7B
| $2.52M | ﹤0.01% |
39,300
-148,200
| -79% | -$9.5M |
|
|
SBY
1822
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $2.52M | ﹤0.01% |
155,649
+81,471
| +110% | +$1.3M |
|
1823
Moog Inc Class A
MOG.A
$13.4B
| $2.51M | ﹤0.01% |
33,496
-11,249
| -25% | -$831K |
|
|
GOV
1824
DELISTED
Government Properties Income Trust
GOV
| $2.51M | ﹤0.01% |
109,859
+27,609
| +34% | +$634K |
|
|
AEGR
1825
DELISTED
Aegerion Pharmaceuticals
AEGR
| $2.49M | ﹤0.01% |
95,278
+75,855
| +391% | +$1.93M |
|
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.