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 | |
|---|---|---|---|---|---|---|
|
KSU
1826
DELISTED
Kansas City Southern
KSU
| $2.48M | ﹤0.01% |
24,292
+13,161
| +118% | +$1.49M |
|
1827
Hovnanian Enterprises
HOV
$806M
| $2.48M | ﹤0.01% |
27,822
-33,431
| -55% | -$3.02M |
|
|
VIVO
1828
DELISTED
Meridian Bioscience Inc
VIVO
| $2.47M | ﹤0.01% |
129,655
+56,265
| +77% | +$1.04M |
|
1829
Coeur Mining
CDE
$15.3B
| $2.47M | ﹤0.01% |
525,032
-850,851
| -62% | -$4.95M |
|
1830
PUT
Entergy
ETR
$53.6B
| $2.47M | ﹤0.01% |
63,800
| – | – |
|
|
WLL
1831
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $2.47M | ﹤0.01% |
267
-59
| -18% | -$597K |
|
1832
Albany International
AIN
$2.17B
| $2.47M | ﹤0.01% |
62,067
-1,562
| -2% | -$58.3K |
|
1833
Modine Manufacturing
MOD
$11.4B
| $2.46M | ﹤0.01% |
182,899
+26,534
| +17% | +$342K |
|
|
LPT
1834
DELISTED
Liberty Property Trust
LPT
| $2.46M | ﹤0.01% |
68,983
+39,880
| +137% | +$1.52M |
|
1835
PUT
Advanced Micro Devices
AMD
$747B
| $2.45M | ﹤0.01% |
913,900
-44,900
| -5% | -$126K |
|
1836
Range Resources
RRC
$9.08B
| $2.45M | ﹤0.01% |
47,023
-18,688
| -28% | -$927K |
|
|
ISIL
1837
DELISTED
Intersil Corp
ISIL
| $2.44M | ﹤0.01% |
+170,279
| New | +$2.53M |
|
|
CTCT
1838
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $2.43M | ﹤0.01% |
63,685
-59,371
| -48% | -$2.33M |
|
1839
B2Gold
BTG
$5.1B
| $2.43M | ﹤0.01% |
1,599,645
-321,714
| -17% | -$565K |
|
|
K
1840
CALL
DELISTED
Kellanova
K
| $2.42M | ﹤0.01% |
39,086
-136,639
| -78% | -$8.36M |
|
|
AMWD
1841
DELISTED
American Woodmark
AMWD
| $2.41M | ﹤0.01% |
+44,027
| New | +$2.02M |
|
1842
Werner Enterprises
WERN
$2.39B
| $2.41M | ﹤0.01% |
+76,610
| New | +$2.37M |
|
|
UMPQ
1843
DELISTED
Umpqua Holdings Corp
UMPQ
| $2.4M | ﹤0.01% |
139,768
-184,768
| -57% | -$3.05M |
|
1844
PUT
Texas Instruments
TXN
$252B
| $2.4M | ﹤0.01% |
41,900
-370,600
| -90% | -$20.8M |
|
|
QLGC
1845
DELISTED
QLOGIC CORP
QLGC
| $2.39M | ﹤0.01% |
162,269
-17,350
| -10% | -$244K |
|
|
CSOD
1846
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $2.39M | ﹤0.01% |
+82,580
| New | +$2.69M |
|
|
IMN
1847
DELISTED
Imation
IMN
| $2.38M | ﹤0.01% |
591,493
-44,287
| -7% | -$176K |
|
1848
PUT
Abercrombie & Fitch
ANF
$4.5B
| $2.38M | ﹤0.01% |
108,000
-109,700
| -50% | -$2.7M |
|
1849
CALL
Nucor
NUE
$60.3B
| $2.38M | ﹤0.01% |
50,000
-20,000
| -29% | -$934K |
|
|
TW
1850
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $2.38M | ﹤0.01% |
17,985
-24,578
| -58% | -$3.08M |
|
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.