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 | |
|---|---|---|---|---|---|---|
176
CALL
Tesla
TSLA
$1.24T
| $81.1M | 0.12% |
6,442,500
-16,876,500
| -72% | -$228M |
|
177
PUT
Chipotle Mexican Grill
CMG
$40.8B
| $80.5M | 0.12% |
6,190,000
-3,100,000
| -33% | -$42.3M |
|
|
SWNC
178
DELISTED
Southwestern Energy Company
SWNC
| $80M | 0.12% |
+1,585,000
| New | +$85.5M |
|
|
BERY
179
DELISTED
Berry Global Group, Inc.
BERY
| $80M | 0.12% |
2,406,242
+958,723
| +66% | +$30.1M |
|
180
Warner Bros
WBD
$64.6B
| $79.8M | 0.12% |
2,595,650
-604,350
| -19% | -$19M |
|
181
PUT
JPMorgan Chase
JPM
$939B
| $79.8M | 0.12% |
1,317,600
-341,300
| -21% | -$20.2M |
|
|
182
CALL
Microsoft
MSFT
$2.84T
| $79.7M | 0.12% |
1,960,800
-510,100
| -21% | -$22.2M |
|
183
Constellium
CSTM
$3.96B
| $79.7M | 0.12% |
3,922,044
-227,778
| -5% | -$4.28M |
|
184
CALL
Johnson & Johnson
JNJ
$634B
| $79.4M | 0.12% |
789,400
+161,800
| +26% | +$16.5M |
|
185
Liberty Broadband Class A
LBRDA
$4.14B
| $79.1M | 0.12% |
1,400,997
+129,485
| +10% | +$6.57M |
|
186
Western Digital
WDC
$179B
| $78.5M | 0.12% |
1,140,574
+1,044,708
| +1,090% | +$81.7M |
|
|
PPLI
187
People Inc
PPLI
$3.1B
| $78.2M | 0.12% |
6,486,482
-614,762
| -9% | -$7.11M |
|
188
NewMarket
NEU
$7.17B
| $77.8M | 0.12% |
162,820
-16,434
| -9% | -$7.42M |
|
189
NXP Semiconductors
NXPI
$68B
| $77.2M | 0.12% |
768,734
+437,654
| +132% | +$38.5M |
|
|
QEP
190
DELISTED
QEP RESOURCES, INC.
QEP
| $77.1M | 0.12% |
3,699,866
-451,501
| -11% | -$9.43M |
|
|
HDS
191
DELISTED
HD Supply Holdings, Inc.
HDS
| $77.1M | 0.12% |
2,475,857
+1,070,985
| +76% | +$31.2M |
|
|
PX
192
DELISTED
Praxair Inc
PX
| $76.9M | 0.12% |
636,927
+629,771
| +8,801% | +$78.8M |
|
|
OCR
193
DELISTED
OMNICARE INC
OCR
| $76.4M | 0.12% |
990,957
+41,042
| +4% | +$3.12M |
|
194
MSCI
MSCI
$40B
| $76.3M | 0.12% |
1,244,411
-327,799
| -21% | -$18.3M |
|
195
Public Storage
PSA
$60.2B
| $74.7M | 0.11% |
378,757
+61,825
| +20% | +$12.2M |
|
196
CALL
United Parcel Service
UPS
$97.6B
| $74.6M | 0.11% |
769,300
-239,600
| -24% | -$24.6M |
|
197
Kirby Corp
KEX
$7.95B
| $74.4M | 0.11% |
990,905
-386,793
| -28% | -$29.8M |
|
|
YHOO
198
CALL
DELISTED
Yahoo Inc
YHOO
| $74.2M | 0.11% |
1,669,300
-133,000
| -7% | -$6.02M |
|
199
Keysight
KEYS
$54.5B
| $73M | 0.11% |
1,965,254
+1,263,401
| +180% | +$45.5M |
|
|
IHS
200
DELISTED
IHS INC CL-A COM STK
IHS
| $72.6M | 0.11% |
638,440
+220,539
| +53% | +$25.5M |
|
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.