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 | |
|---|---|---|---|---|---|---|
1951
Toll Brothers
TOL
$14.5B
| $2.11M | ﹤0.01% |
53,518
-60,989
| -53% | -$2.23M |
|
|
TGH
1952
DELISTED
Textainer Group Holdings limited
TGH
| $2.11M | ﹤0.01% |
70,207
+42,868
| +157% | +$1.37M |
|
|
TMX
1953
DELISTED
Terminix Global Holdings, Inc.
TMX
| $2.1M | ﹤0.01% |
+93,036
| New | +$1.96M |
|
|
PAY
1954
DELISTED
Verifone Systems Inc
PAY
| $2.1M | ﹤0.01% |
60,099
-102,612
| -63% | -$3.56M |
|
|
SCTY
1955
DELISTED
SolarCity Corporation
SCTY
| $2.1M | ﹤0.01% |
40,887
-169,425
| -81% | -$8.7M |
|
1956
El Pollo Loco
LOCO
$497M
| $2.1M | ﹤0.01% |
81,889
-336,535
| -80% | -$8.38M |
|
|
MINI
1957
DELISTED
Mobile Mini Inc
MINI
| $2.09M | ﹤0.01% |
49,116
+43,339
| +750% | +$1.73M |
|
1958
PUT
Copa Holdings
CPA
$5.71B
| $2.09M | ﹤0.01% |
20,700
| – | – |
|
1959
Vale
VALE
$62.6B
| $2.09M | ﹤0.01% |
369,918
-1,325,600
| -78% | -$9.61M |
|
|
SPR
1960
CALL
DELISTED
Spirit AeroSystems
SPR
| $2.09M | ﹤0.01% |
+40,000
| New | +$1.91M |
|
1961
MillerKnoll
MLKN
$1.61B
| $2.09M | ﹤0.01% |
+75,137
| New | +$2.2M |
|
|
AGU
1962
CALL
DELISTED
Agrium
AGU
| $2.08M | ﹤0.01% |
20,000
+1,200
| +6% | +$128K |
|
|
CS
1963
DELISTED
Credit Suisse Group
CS
| $2.08M | ﹤0.01% |
77,357
-108,264
| -58% | -$2.58M |
|
|
RSTI
1964
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $2.08M | ﹤0.01% |
85,753
-26,874
| -24% | -$676K |
|
1965
CALL
Lumen
LUMN
$6.38B
| $2.07M | ﹤0.01% |
60,000
| – | – |
|
1966
Pacific Biosciences
PACB
$432M
| $2.06M | ﹤0.01% |
353,144
-357,797
| -50% | -$2.47M |
|
|
ALDR
1967
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.06M | ﹤0.01% |
71,458
+61,648
| +628% | +$1.69M |
|
|
DTSI
1968
DELISTED
DTS, Inc.
DTSI
| $2.06M | ﹤0.01% |
60,459
-28,816
| -32% | -$882K |
|
|
MITL
1969
DELISTED
Mitel Networks Corporation
MITL
| $2.05M | ﹤0.01% |
201,901
+147,068
| +268% | +$1.47M |
|
|
MTSN
1970
DELISTED
MATTSON TECHNOLOGY INC
MTSN
| $2.05M | ﹤0.01% |
520,850
+184,157
| +55% | +$725K |
|
1971
PUT
Akamai
AKAM
$16.3B
| $2.05M | ﹤0.01% |
28,800
-1,000
| -3% | -$66.1K |
|
1972
QuinStreet
QNST
$916M
| $2.05M | ﹤0.01% |
343,931
-15,289
| -4% | -$93.4K |
|
|
GES
1973
PUT
DELISTED
Guess Inc
GES
| $2.04M | ﹤0.01% |
110,000
+73,800
| +204% | +$1.39M |
|
|
SLCA
1974
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.04M | ﹤0.01% |
57,400
| – | – |
|
1975
Pegasystems
PEGA
$4.85B
| $2.04M | ﹤0.01% |
187,270
+123,460
| +193% | +$1.28M |
|
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.