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 |
GE Vernova
GEV
|
+$686M |
| 2 |
Walt Disney
DIS
|
+$555M |
| 3 |
Palantir
PLTR
|
+$522M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$493M |
| 5 |
TSMC
TSM
|
+$464M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$981M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$951M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$596M |
| 4 |
Eli Lilly
LLY
|
+$555M |
| 5 |
Arthur J. Gallagher & Co
AJG
|
+$499M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.18% |
| 2 | Healthcare | 9.91% |
| 3 | Consumer Discretionary | 9.25% |
| 4 | Financials | 6.45% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
CALL
T-Mobile US
TMUS
$195B
| $3.6M | ﹤0.01% |
13,500
-39,600
| -75% | -$9.76M |
|
|
OSG
2027
Octave Specialty Group
OSG
$257M
| $3.6M | ﹤0.01% |
411,470
-19,665
| -5% | -$207K |
|
2028
InterContinental Hotels
IHG
$23.8B
| $3.6M | ﹤0.01% |
32,852
+24,397
| +289% | +$3.03M |
|
2029
Domino's
DPZ
$11.9B
| $3.59M | ﹤0.01% |
7,817
-4,038
| -34% | -$1.83M |
|
2030
ProPetro Holding
PUMP
$1.25B
| $3.59M | ﹤0.01% |
488,504
+307,660
| +170% | +$2.67M |
|
2031
Myers Industries
MYE
$1.24B
| $3.59M | ﹤0.01% |
300,570
+73,287
| +32% | +$865K |
|
2032
Nokia
NOK
$46.9B
| $3.58M | ﹤0.01% |
678,750
-2,187,166
| -76% | -$10.7M |
|
|
SOBO
2033
PUT
South Bow Corp
SOBO
$7.79B
| $3.58M | ﹤0.01% |
140,000
-120,000
| -46% | -$3M |
|
2034
CALL
Cheesecake Factory
CAKE
$5.03B
| $3.58M | ﹤0.01% |
+73,500
| New | +$3.76M |
|
2035
CALL
Mastercard
MA
$498B
| $3.56M | ﹤0.01% |
6,500
-28,900
| -82% | -$15.7M |
|
2036
CALL
Quanta Services
PWR
$84.2B
| $3.56M | ﹤0.01% |
14,000
-27,100
| -66% | -$7.83M |
|
|
FLG
2037
Flagstar Bank National Association
FLG
$5.87B
| $3.56M | ﹤0.01% |
+306,154
| New | +$3.44M |
|
2038
Interactive Brokers
IBKR
$38.4B
| $3.56M | ﹤0.01% |
85,920
-310,508
| -78% | -$15.4M |
|
2039
Repay Holdings
RPAY
$335M
| $3.56M | ﹤0.01% |
638,475
+111,234
| +21% | +$765K |
|
2040
Southwest Gas
SWX
$6.64B
| $3.55M | ﹤0.01% |
49,458
+1,432
| +3% | +$106K |
|
2041
CALL
American Eagle Outfitters
AEO
$2.94B
| $3.55M | ﹤0.01% |
+305,600
| New | +$4.37M |
|
|
TDACU
2042
Translational Development Acquisition Corp Units
TDACU
$189M
| $3.55M | ﹤0.01% |
350,000
| – | – |
|
2043
Bausch Health
BHC
$1.75B
| $3.55M | ﹤0.01% |
547,879
+3,172
| +0.6% | +$22.8K |
|
2044
Seaboard Corp
SEB
$4.39B
| $3.54M | ﹤0.01% |
1,313
-40
| -3% | -$105K |
|
2045
Travel + Leisure Co
TNL
$4.76B
| $3.54M | ﹤0.01% |
+76,451
| New | +$4.01M |
|
2046
Mercer International
MERC
$40.5M
| $3.51M | ﹤0.01% |
571,237
+128,077
| +29% | +$860K |
|
2047
CALL
YPF
YPF
$19.7B
| $3.51M | ﹤0.01% |
100,100
-149,700
| -60% | -$5.73M |
|
|
GMS
2048
DELISTED
GMS Inc
GMS
| $3.5M | ﹤0.01% |
47,863
+28,548
| +148% | +$2.27M |
|
2049
VanEck Morningstar Wide Moat ETF
MOAT
$11.8B
| $3.49M | ﹤0.01% |
+39,721
| New | +$3.66M |
|
2050
Sprout Social
SPT
$530M
| $3.49M | ﹤0.01% |
158,891
+100,755
| +173% | +$2.93M |
|
Similar funds
D.E. Shaw & Co's Q1 2025 Portfolio in Review
As of Q1 2025, D.E. Shaw & Co held 4,902 positions worth $112B, down 18% from $136B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $21.6B in Q1 2025, closing 704 positions and reducing 1,734 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $951M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in KKR & Co 6.25% Series D Preferred Stock worth $88.2M.
- D.E. Shaw & Co's largest Q1 2025 buy was KKR & Co 6.25% Series D Preferred Stock: 1,800,000 shares worth $88.2M.
- D.E. Shaw & Co added most to GE Vernova in Q1 2025, an estimated $686M increase.
- D.E. Shaw & Co's biggest Q1 2025 reduction was Boeing, cutting an estimated $981M.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $951M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $112B portfolio in Q1 2025.
- D.E. Shaw & Co opened 569 new positions and closed 704 in Q1 2025.
- D.E. Shaw & Co's portfolio value fell 18% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q1 2025, filed 15 May 2025.