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 | |
|---|---|---|---|---|---|---|
1951
PUT
Zoetis
ZTS
$32.2B
| $2.35M | ﹤0.01% |
20,000
+10,000
| +100% | +$1.32M |
|
1952
CALL
Axsome Therapeutics
AXSM
$12.3B
| $2.35M | ﹤0.01% |
40,000
+30,000
| +300% | +$2.44M |
|
1953
Brown-Forman Class B
BF.B
$12.6B
| $2.34M | ﹤0.01% |
+42,222
| New | +$2.72M |
|
1954
Hancock Whitney
HWC
$6.07B
| $2.34M | ﹤0.01% |
120,080
+80,085
| +200% | +$2.76M |
|
1955
Eldorado Gold
EGO
$8.48B
| $2.34M | ﹤0.01% |
379,735
-484,116
| -56% | -$3.64M |
|
1956
CALL
Assurant
AIZ
$13.7B
| $2.34M | ﹤0.01% |
22,500
| – | – |
|
1957
Hanover Insurance
THG
$7.68B
| $2.34M | ﹤0.01% |
25,829
-356
| -1% | -$44K |
|
1958
ABM Industries
ABM
$2.84B
| $2.33M | ﹤0.01% |
+95,823
| New | +$3.31M |
|
1959
Twilio
TWLO
$29.5B
| $2.33M | ﹤0.01% |
+26,069
| New | +$2.86M |
|
|
RPAI
1960
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $2.33M | ﹤0.01% |
451,357
+439,812
| +3,810% | +$4.64M |
|
1961
PUT
Virtu Financial
VIRT
$5.12B
| $2.33M | ﹤0.01% |
112,000
+62,000
| +124% | +$1.15M |
|
1962
Groupon
GRPN
$1.05B
| $2.33M | ﹤0.01% |
118,655
-95,663
| -45% | -$3.77M |
|
1963
Vornado Realty Trust
VNO
$7.43B
| $2.32M | ﹤0.01% |
64,025
-249,070
| -80% | -$14.2M |
|
1964
Lamb Weston
LW
$7.3B
| $2.32M | ﹤0.01% |
40,595
+15,949
| +65% | +$1.31M |
|
1965
Fox Factory Holding Corp
FOXF
$779M
| $2.31M | ﹤0.01% |
+55,118
| New | +$3.48M |
|
1966
Sherwin-Williams
SHW
$80.7B
| $2.31M | ﹤0.01% |
+15,111
| New | +$2.73M |
|
1967
Toll Brothers
TOL
$14.1B
| $2.31M | ﹤0.01% |
120,251
+105,937
| +740% | +$4.01M |
|
1968
Bank of Montreal
BMO
$125B
| $2.31M | ﹤0.01% |
45,874
-919,545
| -95% | -$62.3M |
|
|
CETV
1969
DELISTED
Central European Media Enterprises Ltd
CETV
| $2.31M | ﹤0.01% |
739,188
-167,103
| -18% | -$682K |
|
1970
CALL
Allegion
ALLE
$13.4B
| $2.31M | ﹤0.01% |
+25,100
| New | +$3M |
|
1971
Steven Madden
SHOO
$3.18B
| $2.31M | ﹤0.01% |
99,259
+87,053
| +713% | +$3.02M |
|
1972
VanEck Gold Miners ETF
GDX
$23.2B
| $2.3M | ﹤0.01% |
100,000
| – | – |
|
1973
Columbia Banking Systems
COLB
$8.74B
| $2.3M | ﹤0.01% |
85,934
+63,657
| +286% | +$2.24M |
|
1974
WPP
WPP
$4.21B
| $2.3M | ﹤0.01% |
68,170
+64,703
| +1,866% | +$3.52M |
|
1975
AngloGold Ashanti
AU
$40.7B
| $2.3M | ﹤0.01% |
138,373
+120,463
| +673% | +$2.36M |
|
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.