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 | |
|---|---|---|---|---|---|---|
2076
CALL
NIO
NIO
$11.7B
| $2.02M | ﹤0.01% |
727,000
-234,100
| -24% | -$872K |
|
2077
PUT
NovoCure
NVCR
$1.89B
| $2.02M | ﹤0.01% |
30,000
+12,600
| +72% | +$996K |
|
2078
Liberty Latin America Class A
LILA
$1.67B
| $2.02M | ﹤0.01% |
299,631
+63,636
| +27% | +$640K |
|
|
HA
2079
DELISTED
Hawaiian Holdings, Inc.
HA
| $2.02M | ﹤0.01% |
193,274
+182,641
| +1,718% | +$4.16M |
|
|
CZR
2080
DELISTED
Caesars Entertainment Corporation
CZR
| $2.02M | ﹤0.01% |
298,281
-5,474,622
| -95% | -$64.4M |
|
2081
American Financial Group
AFG
$12B
| $2.02M | ﹤0.01% |
28,747
-15,433
| -35% | -$1.49M |
|
2082
CALL
Stellantis
STLA
$16.7B
| $2.01M | ﹤0.01% |
280,000
-420,300
| -60% | -$4.98M |
|
2083
Fabrinet
FN
$16.1B
| $2.01M | ﹤0.01% |
+36,858
| New | +$2.23M |
|
2084
Wayfair
W
$12.5B
| $2.01M | ﹤0.01% |
37,586
-444,239
| -92% | -$34M |
|
|
KREF
2085
KKR Real Estate Finance Trust
KREF
$471M
| $2.01M | ﹤0.01% |
133,804
-142,264
| -52% | -$2.69M |
|
|
SVM
2086
Silvercorp Metals
SVM
$2.08B
| $2.01M | ﹤0.01% |
611,900
+534,400
| +690% | +$2.27M |
|
2087
Independent Bank Corp
IBCP
$797M
| $2.01M | ﹤0.01% |
155,854
-13,116
| -8% | -$255K |
|
|
BLDP
2088
Ballard Power Systems
BLDP
$808M
| $2M | ﹤0.01% |
+264,079
| New | +$2.57M |
|
2089
PUT
Huntington Ingalls Industries
HII
$11.8B
| $2M | ﹤0.01% |
11,000
-3,000
| -21% | -$699K |
|
|
EBSB
2090
DELISTED
Meridian Bancorp, Inc.
EBSB
| $2M | ﹤0.01% |
178,671
-101,952
| -36% | -$1.69M |
|
2091
PUT
Mondelez International
MDLZ
$80.2B
| $2M | ﹤0.01% |
+40,000
| New | +$2.17M |
|
2092
Spire
SR
$4.88B
| $2M | ﹤0.01% |
+26,873
| New | +$2.15M |
|
2093
CALL
Stanley Black & Decker
SWK
$14.6B
| $2M | ﹤0.01% |
20,000
-1,400
| -7% | -$200K |
|
|
TSE
2094
DELISTED
Trinseo
TSE
| $2M | ﹤0.01% |
110,286
-2,757
| -2% | -$73.1K |
|
|
HTBK
2095
DELISTED
Heritage Commerce
HTBK
| $2M | ﹤0.01% |
260,419
+12,202
| +5% | +$129K |
|
2096
Scansource
SCSC
$1.16B
| $2M | ﹤0.01% |
93,254
+27,486
| +42% | +$802K |
|
2097
CALL
Essential Utilities
WTRG
$11.5B
| $1.99M | ﹤0.01% |
49,000
| – | – |
|
2098
Myers Industries
MYE
$1.26B
| $1.99M | ﹤0.01% |
185,346
+32,410
| +21% | +$473K |
|
2099
PUT
WEC Energy
WEC
$37B
| $1.99M | ﹤0.01% |
22,600
-3,400
| -13% | -$327K |
|
2100
Metallus
MTUS
$879M
| $1.99M | ﹤0.01% |
616,523
-59,140
| -9% | -$331K |
|
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.