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 | |
|---|---|---|---|---|---|---|
1976
Bristow Group
VTOL
$1.34B
| $2.03M | ﹤0.01% |
48,793
+9,156
| +23% | +$400K |
|
|
DSPG
1977
DELISTED
DSP Group Inc
DSPG
| $2.03M | ﹤0.01% |
169,669
+5,292
| +3% | +$59.2K |
|
|
MERU
1978
DELISTED
MERU NETWORKS INC COM STK (DE)
MERU
| $2.03M | ﹤0.01% |
1,411,502
| – | – |
|
1979
Lindsay Corp
LNN
$1.17B
| $2.03M | ﹤0.01% |
26,610
-117
| -0.4% | -$9.83K |
|
1980
United Rentals
URI
$67.9B
| $2.02M | ﹤0.01% |
+22,215
| New | +$2M |
|
|
INVX
1981
PUT
Innovex International
INVX
$1.79B
| $2.02M | ﹤0.01% |
29,600
+19,400
| +190% | +$1.4M |
|
1982
First Bancorp
FBP
$4.47B
| $2.02M | ﹤0.01% |
326,342
-75,711
| -19% | -$460K |
|
1983
CALL
General Mills
GIS
$20.1B
| $2.02M | ﹤0.01% |
35,700
-57,200
| -62% | -$3.05M |
|
|
NVO
1984
Novo Nordisk
NVO
$225B
| $2.02M | ﹤0.01% |
75,636
-148,664
| -66% | -$3.42M |
|
|
LLTC
1985
DELISTED
Linear Technology Corp
LLTC
| $2.01M | ﹤0.01% |
42,999
+25,001
| +139% | +$1.17M |
|
1986
CALL
Autodesk
ADSK
$50.1B
| $2.01M | ﹤0.01% |
34,300
| – | – |
|
|
SNCR
1987
DELISTED
Synchronoss Technologies
SNCR
| $2M | ﹤0.01% |
4,692
-16,024
| -77% | -$6.31M |
|
|
WIRE
1988
DELISTED
Encore Wire Corp
WIRE
| $2M | ﹤0.01% |
52,775
-4,217
| -7% | -$145K |
|
|
NE
1989
PUT
DELISTED
Noble Corporation
NE
| $2M | ﹤0.01% |
140,000
-152,700
| -52% | -$2.48M |
|
1990
Telkom Indonesia
TLK
$14.2B
| $2M | ﹤0.01% |
+91,724
| New | +$2.06M |
|
|
ARQL
1991
DELISTED
Arqule Inc
ARQL
| $1.99M | ﹤0.01% |
888,602
+38,326
| +5% | +$61K |
|
|
PEGI
1992
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $1.99M | ﹤0.01% |
70,197
-248,817
| -78% | -$6.98M |
|
1993
PUT
Toyota
TM
$221B
| $1.99M | ﹤0.01% |
14,200
-299,100
| -95% | -$39.9M |
|
1994
PUT
Paychex
PAYX
$42.3B
| $1.99M | ﹤0.01% |
40,000
-226,700
| -85% | -$11M |
|
1995
REX American Resources
REX
$1.4B
| $1.98M | ﹤0.01% |
195,612
-201,930
| -51% | -$1.94M |
|
1996
Cohen & Steers
CNS
$4.24B
| $1.98M | ﹤0.01% |
48,395
+33,086
| +216% | +$1.41M |
|
1997
KRONOS Worldwide
KRO
$712M
| $1.98M | ﹤0.01% |
156,586
-9,756
| -6% | -$119K |
|
|
ELOS
1998
DELISTED
Syneron Medical Ltd
ELOS
| $1.98M | ﹤0.01% |
159,787
+66,241
| +71% | +$733K |
|
|
GRA
1999
PUT
DELISTED
W.R. Grace & Co.
GRA
| $1.98M | ﹤0.01% |
20,000
-147,500
| -88% | -$14.1M |
|
|
MHFI
2000
CALL
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $1.98M | ﹤0.01% |
+19,100
| New | +$1.88M |
|
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.