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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$345M |
| 2 |
Biogen
BIIB
|
+$281M |
| 3 |
Bausch Health
BHC
|
+$244M |
| 4 |
SPDR Gold Trust
GLD
|
+$238M |
| 5 |
Coca-Cola
KO
|
+$206M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$397M |
| 2 |
AGN
Allergan Inc
AGN
|
+$374M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$347M |
| 4 |
Microsoft
MSFT
|
+$265M |
| 5 |
IBM
IBM
|
+$251M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.69% |
| 2 | Consumer Discretionary | 9.53% |
| 3 | Technology | 9.28% |
| 4 | Healthcare | 8.29% |
| 5 | Financials | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
PUT
Novartis
NVS
$304B
| $1.48M | ﹤0.01% |
16,740
-309,802
| -95% | -$27.5M |
|
2227
National Health Investors
NHI
$3.81B
| $1.48M | ﹤0.01% |
20,768
+1,731
| +9% | +$125K |
|
|
ORC
2228
Orchid Island Capital
ORC
$1.31B
| $1.47M | ﹤0.01% |
22,260
-16,631
| -43% | -$1.12M |
|
2229
Assurant
AIZ
$14B
| $1.47M | ﹤0.01% |
+23,947
| New | +$1.52M |
|
|
NSU
2230
DELISTED
Nevsun Resources Ltd.
NSU
| $1.47M | ﹤0.01% |
434,169
-11,449
| -3% | -$40.9K |
|
|
BHR
2231
Braemar Hotels & Resorts
BHR
$160M
| $1.47M | ﹤0.01% |
88,237
-15,103
| -15% | -$253K |
|
2232
CALL
C.H. Robinson
CHRW
$20B
| $1.46M | ﹤0.01% |
20,000
-24,600
| -55% | -$1.8M |
|
|
PNK
2233
CALL
DELISTED
Pinnacle Entertainment Inc.
PNK
| $1.46M | ﹤0.01% |
+40,500
| New | +$1.08M |
|
2234
Ameren
AEE
$31.1B
| $1.45M | ﹤0.01% |
34,461
+19,078
| +124% | +$830K |
|
2235
Applied Industrial Technologies
AIT
$12.9B
| $1.45M | ﹤0.01% |
+32,058
| New | +$1.37M |
|
2236
CALL
Polaris
PII
$4.07B
| $1.45M | ﹤0.01% |
10,300
-20,000
| -66% | -$2.95M |
|
2237
Cintas
CTAS
$86B
| $1.45M | ﹤0.01% |
71,136
-192,216
| -73% | -$3.9M |
|
2238
Groupon
GRPN
$1.07B
| $1.45M | ﹤0.01% |
10,065
-65,867
| -87% | -$10.1M |
|
2239
ITT
ITT
$17.8B
| $1.45M | ﹤0.01% |
36,308
-93,700
| -72% | -$3.66M |
|
2240
Autohome
ATHM
$2.65B
| $1.45M | ﹤0.01% |
+32,900
| New | +$1.29M |
|
|
AVX
2241
DELISTED
AVX Corporation
AVX
| $1.45M | ﹤0.01% |
101,258
+29,736
| +42% | +$410K |
|
|
HK
2242
DELISTED
Halcon Resources Corporation
HK
| $1.45M | ﹤0.01% |
5,442
-914
| -14% | -$270K |
|
|
XCRA
2243
DELISTED
Xcerra Corporation
XCRA
| $1.44M | ﹤0.01% |
162,120
+63,678
| +65% | +$548K |
|
2244
Banner Corp
BANR
$2.4B
| $1.44M | ﹤0.01% |
31,289
-2,209
| -7% | -$95.6K |
|
2245
CALL
Becton Dickinson
BDX
$45.8B
| $1.44M | ﹤0.01% |
10,250
-6,150
| -38% | -$861K |
|
|
2246
PUT
Becton Dickinson
BDX
$45.8B
| $1.44M | ﹤0.01% |
+10,250
| New | +$1.44M |
|
2247
Rambus
RMBS
$9.49B
| $1.43M | ﹤0.01% |
114,000
+81,596
| +252% | +$959K |
|
|
ATHN
2248
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $1.43M | ﹤0.01% |
12,000
-33,600
| -74% | -$4.48M |
|
|
DFT
2249
DELISTED
DuPont Fabros Technology Inc.
DFT
| $1.43M | ﹤0.01% |
43,653
-96,436
| -69% | -$3.25M |
|
|
ONE
2250
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $1.43M | ﹤0.01% |
588,700
-29,625
| -5% | -$97.2K |
|
Similar funds
D.E. Shaw & Co's Q1 2015 Portfolio in Review
As of Q1 2015, D.E. Shaw & Co held 4,408 positions worth $65.3B, down 16% from $77.8B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $15B in Q1 2015, closing 828 positions and reducing 1,784 holdings. Its most notable exit was Allergan Inc, an estimated $374M position sold in full.
By sector, the portfolio is most concentrated in Energy at 9.7% of assets, up from 8% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, D.E. Shaw & Co opened a new position in SPDR Gold Trust worth $231M.
- D.E. Shaw & Co's largest Q1 2015 buy was SPDR Gold Trust: 2,033,000 shares worth $231M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $345M increase.
- D.E. Shaw & Co's biggest Q1 2015 reduction was LyondellBasell Industries, cutting an estimated $397M.
- D.E. Shaw & Co fully exited Allergan Inc in Q1 2015, selling an estimated $374M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $65.3B portfolio in Q1 2015.
- D.E. Shaw & Co opened 448 new positions and closed 828 in Q1 2015.
- D.E. Shaw & Co's portfolio value fell 16% quarter-over-quarter to $65.3B.
Based on D.E. Shaw & Co's 13F filing for Q1 2015, filed 15 May 2015.