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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BNFT
1826
DELISTED
Benefitfocus, Inc.
BNFT
| $2.85M | ﹤0.01% |
319,613
+130,517
| +69% | +$1.98M |
|
1827
CALL
Allegiant Air
ALGT
$2.66B
| $2.85M | ﹤0.01% |
34,800
-30,000
| -46% | -$4.31M |
|
1828
PUT
Deere & Co
DE
$169B
| $2.85M | ﹤0.01% |
20,600
-63,900
| -76% | -$10.1M |
|
1829
Deluxe
DLX
$1.22B
| $2.84M | ﹤0.01% |
109,547
-197,080
| -64% | -$7.6M |
|
|
ILPT
1830
Industrial Logistics Properties Trust
ILPT
$601M
| $2.84M | ﹤0.01% |
161,731
-71,191
| -31% | -$1.5M |
|
|
ALEX
1831
DELISTED
Alexander & Baldwin
ALEX
| $2.83M | ﹤0.01% |
252,617
+32,205
| +15% | +$604K |
|
1832
CALL
Union Pacific
UNP
$178B
| $2.82M | ﹤0.01% |
20,000
-12,600
| -39% | -$2.08M |
|
1833
CALL
Martin Marietta Materials
MLM
$34.3B
| $2.8M | ﹤0.01% |
14,800
-7,100
| -32% | -$1.7M |
|
1834
Revvity
RVTY
$12.1B
| $2.8M | ﹤0.01% |
37,177
-34,487
| -48% | -$3.06M |
|
1835
Southwest Gas
SWX
$6.66B
| $2.79M | ﹤0.01% |
40,169
-25,780
| -39% | -$1.85M |
|
1836
PUT
Albemarle
ALB
$13.7B
| $2.79M | ﹤0.01% |
49,400
-46,800
| -49% | -$3.59M |
|
|
ODT
1837
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $2.78M | ﹤0.01% |
100,707
-11,290
| -10% | -$329K |
|
1838
CACI
CACI
$11B
| $2.77M | ﹤0.01% |
13,143
-36,733
| -74% | -$9.13M |
|
1839
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| $2.77M | ﹤0.01% |
+191,018
| New | +$4.53M |
|
1840
TG Therapeutics
TGTX
$8.53B
| $2.77M | ﹤0.01% |
281,893
-604,195
| -68% | -$7.63M |
|
1841
CALL
Kinsale Capital Group
KNSL
$8.24B
| $2.77M | ﹤0.01% |
26,500
+1,500
| +6% | +$169K |
|
1842
PUT
Weibo
WB
$1.92B
| $2.77M | ﹤0.01% |
83,600
-216,700
| -72% | -$9.18M |
|
1843
Service Corp International
SCI
$11.4B
| $2.76M | ﹤0.01% |
70,619
+42,638
| +152% | +$1.98M |
|
1844
SK Telecom
SKM
$13.5B
| $2.76M | ﹤0.01% |
103,039
+3,765
| +4% | +$125K |
|
|
PXD
1845
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $2.76M | ﹤0.01% |
39,300
-10,400
| -21% | -$1.24M |
|
|
PSB
1846
DELISTED
PS Business Parks, Inc.
PSB
| $2.75M | ﹤0.01% |
+20,276
| New | +$3.15M |
|
1847
eGain
EGAN
$187M
| $2.75M | ﹤0.01% |
374,568
+44,665
| +14% | +$347K |
|
|
LM
1848
PUT
DELISTED
Legg Mason, Inc.
LM
| $2.75M | ﹤0.01% |
56,200
| – | – |
|
1849
CALL
HubSpot
HUBS
$11.4B
| $2.74M | ﹤0.01% |
20,600
-9,400
| -31% | -$1.56M |
|
1850
Rogers Corp
ROG
$2.31B
| $2.74M | ﹤0.01% |
29,041
+835
| +3% | +$95K |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.