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
|
+$446M |
| 2 |
SLB Ltd
SLB
|
+$276M |
| 3 |
Apple
AAPL
|
+$267M |
| 4 |
Johnson & Johnson
JNJ
|
+$244M |
| 5 |
TJX Companies
TJX
|
+$216M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$304M |
| 2 |
Amazon
AMZN
|
+$289M |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$274M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$204M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$196M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.17% |
| 2 | Healthcare | 10.73% |
| 3 | Financials | 9.55% |
| 4 | Consumer Discretionary | 9.16% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Regional Management Corp
RM
$386M
| $1.5M | ﹤0.01% |
77,377
+6,837
| +10% | +$153K |
|
|
JBTM
2002
JBT Marel
JBTM
$7.37B
| $1.5M | ﹤0.01% |
17,058
+6,975
| +69% | +$604K |
|
|
PES
2003
DELISTED
Pioneer Energy Services Corp.
PES
| $1.5M | ﹤0.01% |
374,737
+251,031
| +203% | +$1.4M |
|
2004
AvalonBay Communities
AVB
$26.8B
| $1.49M | ﹤0.01% |
8,126
+5,157
| +174% | +$925K |
|
|
NSTG
2005
DELISTED
NanoString Technologies, Inc.
NSTG
| $1.49M | ﹤0.01% |
75,104
+783
| +1% | +$14.9K |
|
|
FLXN
2006
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $1.49M | ﹤0.01% |
55,305
+33,205
| +150% | +$678K |
|
2007
Ameris Bancorp
ABCB
$5.77B
| $1.49M | ﹤0.01% |
32,259
+9,098
| +39% | +$416K |
|
2008
Honda
HMC
$37.8B
| $1.49M | ﹤0.01% |
49,104
-54,223
| -52% | -$1.67M |
|
2009
PUT
McKesson
MCK
$99.5B
| $1.48M | ﹤0.01% |
10,000
-52,000
| -84% | -$7.62M |
|
|
ICD
2010
DELISTED
Independence Contract Drilling, Inc.
ICD
| $1.47M | ﹤0.01% |
13,368
+7,077
| +112% | +$841K |
|
|
LNW
2011
CALL
DELISTED
Light & Wonder
LNW
| $1.47M | ﹤0.01% |
+62,200
| New | +$1.2M |
|
|
CPLA
2012
PUT
DELISTED
Capella Education Company
CPLA
| $1.47M | ﹤0.01% |
17,300
+10,000
| +137% | +$820K |
|
|
UMH
2013
UMH Properties
UMH
$1.32B
| $1.47M | ﹤0.01% |
+96,370
| New | +$1.4M |
|
2014
CALL
Cigna
CI
$77B
| $1.47M | ﹤0.01% |
10,000
-70,000
| -88% | -$10.3M |
|
|
2015
PUT
Cigna
CI
$77B
| $1.47M | ﹤0.01% |
10,000
-42,800
| -81% | -$6.31M |
|
|
ADXS
2016
DELISTED
Advaxis Inc
ADXS
| $1.47M | ﹤0.01% |
11,953
+4,972
| +71% | +$646K |
|
|
ATCO
2017
DELISTED
Atlas Corp.
ATCO
| $1.46M | ﹤0.01% |
211,250
-57,593
| -21% | -$476K |
|
|
CCMP
2018
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $1.46M | ﹤0.01% |
19,103
-7,554
| -28% | -$518K |
|
2019
Chegg
CHGG
$110M
| $1.46M | ﹤0.01% |
173,320
-59,528
| -26% | -$459K |
|
2020
CALL
Cullen/Frost Bankers
CFR
$10.3B
| $1.46M | ﹤0.01% |
16,400
-31,200
| -66% | -$2.81M |
|
|
SC
2021
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $1.46M | ﹤0.01% |
109,332
-142,245
| -57% | -$1.97M |
|
2022
CALL
Adient
ADNT
$1.62B
| $1.45M | ﹤0.01% |
+20,000
| New | +$1.31M |
|
|
K
2023
CALL
DELISTED
Kellanova
K
| $1.45M | ﹤0.01% |
21,300
| – | – |
|
2024
CALL
Five Below
FIVE
$11.5B
| $1.45M | ﹤0.01% |
33,500
| – | – |
|
2025
Acacia Research
ACTG
$447M
| $1.45M | ﹤0.01% |
252,147
+24,869
| +11% | +$145K |
|
Similar funds
D.E. Shaw & Co's Q1 2017 Portfolio in Review
As of Q1 2017, D.E. Shaw & Co held 3,844 positions worth $56.9B, down 3.4% from $58.9B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
D.E. Shaw & Co withdrew a net $5.64B in Q1 2017, closing 599 positions and reducing 1,534 holdings. Its most notable exit was Dick's Sporting Goods, an estimated $62.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 11% a quarter earlier, followed by Healthcare and Financials.
Against the trend, D.E. Shaw & Co opened a new position in C&J Energy Services, Inc. worth $131M.
- D.E. Shaw & Co's largest Q1 2017 buy was C&J Energy Services, Inc.: 3,857,413 shares worth $131M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $446M increase.
- D.E. Shaw & Co's biggest Q1 2017 reduction was Walt Disney, cutting an estimated $304M.
- D.E. Shaw & Co fully exited Dick's Sporting Goods in Q1 2017, selling an estimated $62.3M.
- D.E. Shaw & Co's ten largest holdings make up 9.7% of its $56.9B portfolio in Q1 2017.
- D.E. Shaw & Co opened 437 new positions and closed 599 in Q1 2017.
- D.E. Shaw & Co's portfolio value fell 3.4% quarter-over-quarter to $56.9B.
Based on D.E. Shaw & Co's 13F filing for Q1 2017, filed 15 May 2017.