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 |
Starbucks
SBUX
|
+$384M |
| 2 |
Apple
AAPL
|
+$377M |
| 3 |
PayPal
PYPL
|
+$368M |
| 4 |
Pfizer
PFE
|
+$339M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.02B |
| 2 |
XLNX
Xilinx Inc
XLNX
|
+$732M |
| 3 |
Netflix
NFLX
|
+$461M |
| 4 |
Citigroup
C
|
+$361M |
| 5 |
Booking.com
BKNG
|
+$288M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.52% |
| 2 | Consumer Discretionary | 9.06% |
| 3 | Financials | 8.14% |
| 4 | Healthcare | 8% |
| 5 | Energy | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IMGN
1976
DELISTED
Immunogen Inc
IMGN
| $5.96M | 0.01% |
1,251,677
-606,029
| -33% | -$3.36M |
|
1977
Cincinnati Financial
CINF
$28.3B
| $5.96M | 0.01% |
43,798
+29,592
| +208% | +$3.64M |
|
1978
CALL
ResMed
RMD
$30.3B
| $5.94M | 0.01% |
24,500
-6,800
| -22% | -$1.64M |
|
|
RMO
1979
DELISTED
Romeo Power, Inc.
RMO
| $5.94M | 0.01% |
3,986,442
+2,323,940
| +140% | +$4.89M |
|
|
RJAC
1980
DELISTED
Jackson Acquisition Company
RJAC
| $5.93M | 0.01% |
+600,000
| New | +$5.9M |
|
1981
PUT
Teradyne
TER
$50.2B
| $5.91M | 0.01% |
50,000
+25,000
| +100% | +$3.17M |
|
1982
Cannae Holdings
CNNE
$665M
| $5.91M | 0.01% |
247,057
-167,513
| -40% | -$4.72M |
|
|
SIER
1983
DELISTED
Sierra Lake Acquisition Corp. Class A Common Stock
SIER
| $5.9M | 0.01% |
599,158
+405,013
| +209% | +$3.98M |
|
|
LHCG
1984
DELISTED
LHC Group LLC
LHCG
| $5.9M | 0.01% |
34,972
-170,616
| -83% | -$22.8M |
|
|
FINM
1985
DELISTED
Marlin Technology Corporation Class A Ordinary Share
FINM
| $5.89M | 0.01% |
600,247
+39,047
| +7% | +$381K |
|
1986
Altimmune
ALT
$581M
| $5.89M | 0.01% |
967,736
-213,501
| -18% | -$1.57M |
|
|
WW
1987
DELISTED
WW International
WW
| $5.89M | 0.01% |
+575,800
| New | +$6.76M |
|
|
NSTC
1988
DELISTED
Northern Star Investment Corp. III
NSTC
| $5.89M | 0.01% |
601,374
+185,973
| +45% | +$1.81M |
|
|
WINV
1989
DELISTED
WinVest Acquisition Corp. Common Stock
WINV
| $5.88M | 0.01% |
593,709
+350,709
| +144% | +$3.46M |
|
1990
World Kinect Corp
WKC
$2.06B
| $5.87M | 0.01% |
217,024
+48,829
| +29% | +$1.36M |
|
1991
GrowGeneration
GRWG
$88.3M
| $5.86M | 0.01% |
636,743
-3,118
| -0.5% | -$28.1K |
|
|
FWAC
1992
DELISTED
Fifth Wall Acquisition Corp. III Class A Ordinary Shares
FWAC
| $5.85M | 0.01% |
602,241
-86,903
| -13% | -$846K |
|
1993
Etsy
ETSY
$8.21B
| $5.84M | 0.01% |
47,027
-50,200
| -52% | -$7.46M |
|
1994
CALL
Thor Industries
THO
$4.13B
| $5.83M | 0.01% |
74,100
+11,900
| +19% | +$1.09M |
|
1995
PUT
Aptiv
APTV
$12.6B
| $5.83M | 0.01% |
+48,700
| New | +$6.48M |
|
1996
PUT
Kinross Gold
KGC
$28.1B
| $5.82M | 0.01% |
989,500
-610,000
| -38% | -$3.4M |
|
|
MACA
1997
DELISTED
Moringa Acquisition Corp Class A Ordinary Shares
MACA
| $5.8M | 0.01% |
593,010
+125,393
| +27% | +$1.22M |
|
1998
OPAL Fuels
OPAL
$67.7M
| $5.8M | 0.01% |
584,484
| – | – |
|
|
ADER
1999
DELISTED
26 Capital Acquisition Corp
ADER
| $5.8M | 0.01% |
586,717
-126,400
| -18% | -$1.25M |
|
|
EPWR
2000
DELISTED
Empowerment & Inclusion Capital I Corp.
EPWR
| $5.79M | 0.01% |
590,394
-89,814
| -13% | -$877K |
|
Similar funds
D.E. Shaw & Co's Q1 2022 Portfolio in Review
As of Q1 2022, D.E. Shaw & Co held 6,280 positions worth $107B, down 11% from $121B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
D.E. Shaw & Co withdrew a net $14.2B in Q1 2022, closing 805 positions and reducing 2,078 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $1.02B position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in Cenovus Energy worth $141M.
- D.E. Shaw & Co's largest Q1 2022 buy was Cenovus Energy: 8,428,527 shares worth $141M.
- D.E. Shaw & Co added most to Starbucks in Q1 2022, an estimated $384M increase.
- D.E. Shaw & Co's biggest Q1 2022 reduction was Netflix, cutting an estimated $461M.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2022, selling an estimated $1.02B.
- D.E. Shaw & Co's ten largest holdings make up 9.3% of its $107B portfolio in Q1 2022.
- D.E. Shaw & Co opened 934 new positions and closed 805 in Q1 2022.
- D.E. Shaw & Co's portfolio value fell 11% quarter-over-quarter to $107B.
Based on D.E. Shaw & Co's 13F filing for Q1 2022, filed 16 May 2022.