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 | |
|---|---|---|---|---|---|---|
1801
Palomar
PLMR
$3.79B
| $4.82M | ﹤0.01% |
35,197
-27,954
| -44% | -$3.31M |
|
1802
Global E Online
GLBE
$6.76B
| $4.82M | ﹤0.01% |
135,326
-11,142
| -8% | -$547K |
|
1803
Universal Display
OLED
$3.75B
| $4.82M | ﹤0.01% |
34,567
-786
| -2% | -$117K |
|
1804
Jacobs Solutions
J
$16B
| $4.81M | ﹤0.01% |
40,211
+38,595
| +2,388% | +$4.97M |
|
|
DCBO
1805
Docebo
DCBO
$559M
| $4.8M | ﹤0.01% |
167,113
+85,566
| +105% | +$3.23M |
|
|
ZEUS
1806
DELISTED
Olympic Steel
ZEUS
| $4.8M | ﹤0.01% |
152,409
+34,567
| +29% | +$1.16M |
|
1807
Manitowoc
MTW
$491M
| $4.8M | ﹤0.01% |
558,948
+8,532
| +2% | +$83.2K |
|
|
CIVI
1808
PUT
DELISTED
Civitas Resources
CIVI
| $4.8M | ﹤0.01% |
137,600
+65,000
| +90% | +$2.88M |
|
1809
CALL
Galicia Financial Group
GGAL
$7.89B
| $4.79M | ﹤0.01% |
88,000
-144,300
| -62% | -$8.97M |
|
|
CCRN
1810
DELISTED
Cross Country Healthcare
CCRN
| $4.79M | ﹤0.01% |
321,746
-203,061
| -39% | -$3.49M |
|
1811
Cellebrite
CLBT
$3.76B
| $4.79M | ﹤0.01% |
246,342
-864,159
| -78% | -$18.2M |
|
1812
iShares Russell 1000 Growth ETF
IWF
$117B
| $4.79M | ﹤0.01% |
+53,016
| New | +$5.23M |
|
1813
GFL Environmental
GFL
$14.5B
| $4.78M | ﹤0.01% |
99,035
+85,935
| +656% | +$3.9M |
|
1814
CALL
EOG Resources
EOG
$77.7B
| $4.78M | ﹤0.01% |
37,300
-168,200
| -82% | -$21.6M |
|
1815
CALL
Alamos Gold
AGI
$12B
| $4.76M | ﹤0.01% |
178,200
+64,200
| +56% | +$1.45M |
|
1816
Ingles Markets
IMKTA
$1.72B
| $4.75M | ﹤0.01% |
73,006
+18,689
| +34% | +$1.19M |
|
1817
CALL
Pan American Silver
PAAS
$17.9B
| $4.75M | ﹤0.01% |
183,800
+7,400
| +4% | +$177K |
|
|
ARES.PRB
1818
Ares Management Corp 6.75% Series B Preferred Stock
ARES.PRB
$1.21B
| $4.75M | ﹤0.01% |
100,000
-100,000
| -50% | -$5.43M |
|
1819
CALL
ZIM Integrated Shipping Services
ZIM
$2.96B
| $4.74M | ﹤0.01% |
325,000
-869,500
| -73% | -$16.3M |
|
1820
Globalstar
GSAT
$10.1B
| $4.74M | ﹤0.01% |
227,297
+66,313
| +41% | +$1.61M |
|
1821
World Acceptance Corp
WRLD
$861M
| $4.74M | ﹤0.01% |
37,462
+3,830
| +11% | +$500K |
|
|
DQ
1822
PUT
Daqo New Energy
DQ
$810M
| $4.74M | ﹤0.01% |
261,500
-50,500
| -16% | -$989K |
|
1823
John Wiley & Sons Class A
WLY
$2.83B
| $4.73M | ﹤0.01% |
106,190
-114,254
| -52% | -$4.83M |
|
|
BSII
1824
DELISTED
Black Spade Acquisition II Co Class A Ordinary Share
BSII
| $4.73M | ﹤0.01% |
465,821
| – | – |
|
1825
CALL
TC Energy
TRP
$70.1B
| $4.72M | ﹤0.01% |
+100,000
| New | +$4.66M |
|
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.