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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRDX
2026
DELISTED
Surmodics
SRDX
| $2.16M | ﹤0.01% |
64,722
+39,089
| +152% | +$1.41M |
|
|
SA
2027
Seabridge Gold
SA
$2.68B
| $2.16M | ﹤0.01% |
230,777
+139,046
| +152% | +$1.65M |
|
2028
CALL
Shake Shack
SHAK
$2.54B
| $2.15M | ﹤0.01% |
57,100
-82,400
| -59% | -$4.88M |
|
|
BDSI
2029
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.15M | ﹤0.01% |
566,338
-709,169
| -56% | -$3.48M |
|
|
AZPN
2030
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $2.15M | ﹤0.01% |
22,569
-98,264
| -81% | -$9.34M |
|
2031
Globe Life
GL
$13.8B
| $2.15M | ﹤0.01% |
29,803
+18,128
| +155% | +$1.71M |
|
|
PFPT
2032
DELISTED
Proofpoint, Inc.
PFPT
| $2.14M | ﹤0.01% |
20,836
-47,417
| -69% | -$5.53M |
|
2033
PUT
Ecolab
ECL
$79.7B
| $2.13M | ﹤0.01% |
13,700
-400
| -3% | -$75.2K |
|
2034
Hackett Group
HCKT
$270M
| $2.13M | ﹤0.01% |
167,820
+64,708
| +63% | +$971K |
|
2035
PUT
Jabil
JBL
$31.6B
| $2.13M | ﹤0.01% |
86,800
-62,400
| -42% | -$2.18M |
|
2036
PUT
Mid-America Apartment Communities
MAA
$15.8B
| $2.13M | ﹤0.01% |
20,700
-10,400
| -33% | -$1.35M |
|
2037
CALL
Tractor Supply
TSCO
$16.7B
| $2.13M | ﹤0.01% |
126,000
| – | – |
|
2038
CALL
Rockwell Automation
ROK
$52.2B
| $2.13M | ﹤0.01% |
14,100
-5,000
| -26% | -$927K |
|
2039
WisdomTree
WT
$2.95B
| $2.12M | ﹤0.01% |
911,791
-146,221
| -14% | -$566K |
|
|
FBM
2040
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $2.12M | ﹤0.01% |
206,016
-147,721
| -42% | -$2.4M |
|
|
TXNM
2041
TXNM Energy Inc
TXNM
$6.43B
| $2.12M | ﹤0.01% |
55,776
+27,723
| +99% | +$1.34M |
|
2042
Palomar
PLMR
$3.78B
| $2.12M | ﹤0.01% |
36,388
+26,988
| +287% | +$1.41M |
|
2043
CALL
Moody's
MCO
$83.6B
| $2.12M | ﹤0.01% |
+10,000
| New | +$2.43M |
|
2044
CALL
CACI
CACI
$11.2B
| $2.11M | ﹤0.01% |
+10,000
| New | +$2.49M |
|
2045
MBIA
MBI
$280M
| $2.11M | ﹤0.01% |
295,767
-525,779
| -64% | -$4.44M |
|
2046
PUT
Ligand Pharmaceuticals
LGND
$5.94B
| $2.11M | ﹤0.01% |
+46,487
| New | +$2.63M |
|
2047
Ally Financial
ALLY
$13.5B
| $2.11M | ﹤0.01% |
146,040
-39,476
| -21% | -$1.04M |
|
|
ARGO
2048
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $2.1M | ﹤0.01% |
56,670
+52,352
| +1,212% | +$2.97M |
|
2049
PUT
Magna International
MGA
$18.9B
| $2.1M | ﹤0.01% |
+65,700
| New | +$3.03M |
|
2050
Caesarstone
CSTE
$73.3M
| $2.1M | ﹤0.01% |
198,345
+18,643
| +10% | +$227K |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.