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 |
Pfizer
PFE
|
+$436M |
| 2 |
AbbVie
ABBV
|
+$407M |
| 3 |
Johnson & Johnson
JNJ
|
+$295M |
| 4 |
Gilead Sciences
GILD
|
+$267M |
| 5 |
Starbucks
SBUX
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$407M |
| 2 |
Booking.com
BKNG
|
+$400M |
| 3 |
Citigroup
C
|
+$314M |
| 4 |
SHPG
Shire pic
SHPG
|
+$276M |
| 5 |
PayPal
PYPL
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.47% |
| 2 | Consumer Discretionary | 13.31% |
| 3 | Healthcare | 13.17% |
| 4 | Financials | 7.14% |
| 5 | Industrials | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CDK
176
DELISTED
CDK Global, Inc.
CDK
| $104M | 0.13% |
1,765,878
+700,152
| +66% | +$38.2M |
|
177
Citizens Financial Group
CFG
$30.4B
| $103M | 0.13% |
3,182,463
+1,192,548
| +60% | +$41.3M |
|
178
Liberty Broadband Class A
LBRDA
$4.14B
| $103M | 0.13% |
1,125,595
-16,728
| -1% | -$1.42M |
|
179
CarMax
KMX
$8.27B
| $103M | 0.13% |
1,474,924
+441,917
| +43% | +$27.2M |
|
180
O'Reilly Automotive
ORLY
$72.4B
| $102M | 0.13% |
3,924,510
+842,715
| +27% | +$20.4M |
|
181
NRG Energy
NRG
$29.8B
| $101M | 0.13% |
2,386,677
-801,593
| -25% | -$33.2M |
|
182
PepsiCo
PEP
$186B
| $101M | 0.13% |
821,834
+495,248
| +152% | +$56.4M |
|
183
SBA Communications
SBAC
$18.4B
| $100M | 0.13% |
501,670
-394,079
| -44% | -$71.4M |
|
184
PUT
GE Aerospace
GE
$367B
| $99.4M | 0.13% |
1,996,736
-205,859
| -9% | -$9.69M |
|
185
Vanguard Real Estate ETF
VNQ
$39.9B
| $99.2M | 0.13% |
1,141,193
+166,329
| +17% | +$13.7M |
|
186
CALL
Alphabet (Google) Class C
GOOG
$3.9T
| $99.1M | 0.13% |
1,690,000
-3,030,000
| -64% | -$170M |
|
187
Trimble
TRMB
$12.3B
| $99.1M | 0.13% |
2,453,661
-762,476
| -24% | -$28.9M |
|
188
CALL
Qualcomm
QCOM
$176B
| $98.8M | 0.13% |
1,733,100
-215,200
| -11% | -$11.6M |
|
189
Steel Dynamics
STLD
$35.6B
| $98.6M | 0.13% |
2,794,944
+632,516
| +29% | +$22.5M |
|
|
GLIBA
190
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $98.3M | 0.13% |
1,768,554
-264,589
| -13% | -$13.4M |
|
|
CELG
191
PUT
DELISTED
Celgene Corp
CELG
| $98.2M | 0.13% |
1,041,400
-1,451,700
| -58% | -$127M |
|
|
192
PUT
Citigroup
C
$222B
| $97.9M | 0.13% |
1,572,800
-413,600
| -21% | -$25.7M |
|
193
Ares Capital
ARCC
$13.5B
| $97.8M | 0.13% |
5,704,800
+1,938,381
| +51% | +$32.5M |
|
194
JPMorgan Chase
JPM
$939B
| $97.1M | 0.13% |
958,963
+280,944
| +41% | +$28.9M |
|
195
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $96.8M | 0.13% |
342,610
-83,454
| -20% | -$22.7M |
|
196
Keurig Dr Pepper
KDP
$40.4B
| $96.5M | 0.12% |
3,449,974
-1,423,530
| -29% | -$38.4M |
|
197
Chipotle Mexican Grill
CMG
$40.8B
| $96.5M | 0.12% |
6,789,650
+6,559,450
| +2,849% | +$76.1M |
|
198
Procter & Gamble
PG
$343B
| $96.3M | 0.12% |
925,303
-92,523
| -9% | -$9.01M |
|
199
Bank of Montreal
BMO
$125B
| $95.2M | 0.12% |
1,271,506
+742,188
| +140% | +$54.9M |
|
200
PUT
Intel
INTC
$466B
| $95.1M | 0.12% |
1,770,100
-1,099,700
| -38% | -$55.8M |
|
Similar funds
D.E. Shaw & Co's Q1 2019 Portfolio in Review
As of Q1 2019, D.E. Shaw & Co held 4,169 positions worth $77.4B, up 6.6% from $72.6B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
D.E. Shaw & Co withdrew a net $6.74B in Q1 2019, closing 617 positions and reducing 1,599 holdings. Its most notable exit was Shire pic, an estimated $276M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Lyft worth $159M.
- D.E. Shaw & Co's largest Q1 2019 buy was Lyft: 2,245,851 shares worth $159M.
- D.E. Shaw & Co added most to Pfizer in Q1 2019, an estimated $436M increase.
- D.E. Shaw & Co's biggest Q1 2019 reduction was Bristol-Myers Squibb, cutting an estimated $407M.
- D.E. Shaw & Co fully exited Shire pic in Q1 2019, selling an estimated $276M.
- D.E. Shaw & Co's ten largest holdings make up 9% of its $77.4B portfolio in Q1 2019.
- D.E. Shaw & Co opened 447 new positions and closed 617 in Q1 2019.
- D.E. Shaw & Co's portfolio value rose 6.6% quarter-over-quarter to $77.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2019, filed 15 May 2019.