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 |
AGN
Allergan plc
AGN
|
+$397M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$342M |
| 3 |
Bank of America
BAC
|
+$322M |
| 4 |
Citigroup
C
|
+$260M |
| 5 |
Booking.com
BKNG
|
+$219M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$637M |
| 2 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$397M |
| 3 |
Gilead Sciences
GILD
|
+$358M |
| 4 |
Phillips 66
PSX
|
+$330M |
| 5 |
Apple
AAPL
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.09% |
| 2 | Technology | 10.39% |
| 3 | Financials | 9.94% |
| 4 | Consumer Discretionary | 8.57% |
| 5 | Communication Services | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PUT
Bausch Health
BHC
$1.65B
| $66.4M | 0.12% |
2,525,000
+86,800
| +4% | +$6.42M |
|
202
Goldman Sachs
GS
$313B
| $66.1M | 0.12% |
420,793
+183,038
| +77% | +$28.3M |
|
203
CALL
McDonald's
MCD
$188B
| $64.2M | 0.12% |
511,100
+201,400
| +65% | +$24.1M |
|
|
204
CALL
Citigroup
C
$222B
| $64.2M | 0.12% |
1,538,100
-213,100
| -12% | -$8.91M |
|
205
Carter's
CRI
$1.43B
| $63.9M | 0.11% |
606,530
+371,484
| +158% | +$35.6M |
|
206
PUT
Biogen
BIIB
$29.9B
| $63.7M | 0.11% |
244,800
-114,100
| -32% | -$30.1M |
|
|
207
Phillips 66
PSX
$82.9B
| $63.6M | 0.11% |
734,998
-4,062,226
| -85% | -$330M |
|
208
CSX Corp
CSX
$98.6B
| $63.3M | 0.11% |
7,374,144
+3,261,366
| +79% | +$26.4M |
|
209
PUT
IBM
IBM
$202B
| $63.2M | 0.11% |
436,287
-10,355
| -2% | -$1.32M |
|
210
Union Pacific
UNP
$183B
| $63.2M | 0.11% |
793,981
-2,454,221
| -76% | -$190M |
|
211
Navient
NAVI
$774M
| $63.1M | 0.11% |
5,273,236
-1,491,710
| -22% | -$15.5M |
|
212
Novartis
NVS
$295B
| $62.4M | 0.11% |
960,937
+511,814
| +114% | +$34.8M |
|
213
Allegion
ALLE
$13B
| $62.3M | 0.11% |
978,636
-726,219
| -43% | -$44.4M |
|
214
Hilton Worldwide
HLT
$74B
| $62M | 0.11% |
917,985
-652,245
| -42% | -$38.8M |
|
|
AGN
215
PUT
DELISTED
Allergan plc
AGN
| $61.9M | 0.11% |
231,100
-30,445
| -12% | -$8.72M |
|
216
Microsoft
MSFT
$2.84T
| $61.7M | 0.11% |
1,117,546
+188,897
| +20% | +$9.9M |
|
217
Bloomin' Brands
BLMN
$680M
| $61.5M | 0.11% |
3,646,618
+207,576
| +6% | +$3.49M |
|
|
TYC
218
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $61.4M | 0.11% |
1,597,109
-819,146
| -34% | -$29.2M |
|
219
Flex
FLEX
$43.4B
| $61.2M | 0.11% |
6,734,574
+2,144,246
| +47% | +$17.2M |
|
|
JOY
220
DELISTED
Joy Global Inc
JOY
| $60.5M | 0.11% |
3,767,779
+1,677,208
| +80% | +$21.1M |
|
|
BRCD
221
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $60.5M | 0.11% |
5,721,399
+2,423,643
| +73% | +$22.1M |
|
222
Vanguard Real Estate ETF
VNQ
$39.9B
| $60.5M | 0.11% |
722,155
-38,415
| -5% | -$2.99M |
|
223
ON Semiconductor
ON
$33.8B
| $60.2M | 0.11% |
6,278,316
-1,085,695
| -15% | -$9.3M |
|
224
Sysco
SYY
$39.7B
| $59.9M | 0.11% |
1,281,085
+825,661
| +181% | +$35.6M |
|
225
Fidelity National Financial
FNF
$13.9B
| $59.5M | 0.11% |
2,526,479
-397,040
| -14% | -$8.89M |
|
Similar funds
D.E. Shaw & Co's Q1 2016 Portfolio in Review
As of Q1 2016, D.E. Shaw & Co held 4,137 positions worth $55.7B, down 17% from $67.2B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
D.E. Shaw & Co withdrew a net $9.72B in Q1 2016, closing 773 positions and reducing 1,495 holdings. Its most notable exit was PRECISION CASTPARTS CORP, an estimated $637M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, D.E. Shaw & Co opened a new position in EQT Corp worth $47.6M.
- D.E. Shaw & Co's largest Q1 2016 buy was EQT Corp: 1,300,361 shares worth $47.6M.
- D.E. Shaw & Co added most to Allergan plc in Q1 2016, an estimated $397M increase.
- D.E. Shaw & Co's biggest Q1 2016 reduction was Gilead Sciences, cutting an estimated $358M.
- D.E. Shaw & Co fully exited PRECISION CASTPARTS CORP in Q1 2016, selling an estimated $637M.
- D.E. Shaw & Co's ten largest holdings make up 9.5% of its $55.7B portfolio in Q1 2016.
- D.E. Shaw & Co opened 382 new positions and closed 773 in Q1 2016.
- D.E. Shaw & Co's portfolio value fell 17% quarter-over-quarter to $55.7B.
Based on D.E. Shaw & Co's 13F filing for Q1 2016, filed 16 May 2016.