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 | |
|---|---|---|---|---|---|---|
2151
CALL
Nutanix
NTNX
$16.1B
| $3.11M | ﹤0.01% |
44,500
-126,600
| -74% | -$8.76M |
|
2152
CALL
Logitech
LOGI
$14.8B
| $3.11M | ﹤0.01% |
+36,800
| New | +$3.46M |
|
2153
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
| $3.09M | ﹤0.01% |
+26,324
| New | +$3.38M |
|
2154
Edgewise Therapeutics
EWTX
$4.28B
| $3.09M | ﹤0.01% |
140,548
-545,823
| -80% | -$14.3M |
|
2155
UGI
UGI
$7.87B
| $3.09M | ﹤0.01% |
+93,476
| New | +$2.96M |
|
2156
Varonis Systems
VRNS
$4.67B
| $3.09M | ﹤0.01% |
76,402
+44,702
| +141% | +$1.92M |
|
2157
PUT
Steel Dynamics
STLD
$36.4B
| $3.09M | ﹤0.01% |
24,700
+17,900
| +263% | +$2.27M |
|
2158
SM Energy
SM
$7.6B
| $3.09M | ﹤0.01% |
103,152
-518,253
| -83% | -$18.6M |
|
2159
Empire State Realty Trust
ESRT
$1B
| $3.08M | ﹤0.01% |
394,431
+322,852
| +451% | +$2.91M |
|
2160
PUT
PVH
PVH
$4.07B
| $3.08M | ﹤0.01% |
47,700
+32,700
| +218% | +$2.64M |
|
2161
Universal Corp
UVV
$1.37B
| $3.08M | ﹤0.01% |
54,897
-232
| -0.4% | -$12.4K |
|
2162
Alphatec Holdings
ATEC
$1.48B
| $3.08M | ﹤0.01% |
+303,397
| New | +$3.26M |
|
|
VTLE
2163
CALL
DELISTED
Vital Energy
VTLE
| $3.07M | ﹤0.01% |
144,900
-35,300
| -20% | -$1.02M |
|
|
OPTN
2164
DELISTED
OptiNose
OPTN
| $3.06M | ﹤0.01% |
333,333
| – | – |
|
2165
CALL
Kinder Morgan
KMI
$70.9B
| $3.06M | ﹤0.01% |
107,100
-46,500
| -30% | -$1.29M |
|
2166
PUT
Terex
TEX
$7.37B
| $3.05M | ﹤0.01% |
80,800
+50,800
| +169% | +$2.22M |
|
2167
APA Corp
APA
$13B
| $3.05M | ﹤0.01% |
145,108
+54,103
| +59% | +$1.19M |
|
2168
CALL
Penumbra
PEN
$12.6B
| $3.05M | ﹤0.01% |
11,400
+10,000
| +714% | +$2.7M |
|
2169
CALL
Kraft Heinz
KHC
$32.8B
| $3.04M | ﹤0.01% |
100,000
-23,500
| -19% | -$703K |
|
2170
CALL
KKR & Co
KKR
$89.1B
| $3.04M | ﹤0.01% |
26,300
-82,500
| -76% | -$11.4M |
|
2171
CALL
Casey's General Stores
CASY
$32.1B
| $3.04M | ﹤0.01% |
7,000
+6,000
| +600% | +$2.46M |
|
|
2172
PUT
Casey's General Stores
CASY
$32.1B
| $3.04M | ﹤0.01% |
+7,000
| New | +$2.87M |
|
2173
The Joint Corp
JYNT
$119M
| $3.04M | ﹤0.01% |
243,083
-19,462
| -7% | -$220K |
|
2174
Bank of N.T. Butterfield & Son
NTB
$2.41B
| $3.03M | ﹤0.01% |
77,892
+41,916
| +117% | +$1.59M |
|
2175
OptimizeRx
OPRX
$120M
| $3.03M | ﹤0.01% |
349,919
+54,202
| +18% | +$331K |
|
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.