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 | |
|---|---|---|---|---|---|---|
2301
Brown-Forman Class B
BF.B
$13.5B
| $2.55M | ﹤0.01% |
75,204
+25,382
| +51% | +$856K |
|
2302
GCM Grosvenor
GCMG
$737M
| $2.55M | ﹤0.01% |
192,905
+168,678
| +696% | +$2.26M |
|
2303
Hilton Grand Vacations
HGV
$4.04B
| $2.55M | ﹤0.01% |
+68,069
| New | +$2.71M |
|
2304
PUT
Repligen
RGEN
$6.91B
| $2.54M | ﹤0.01% |
20,000
-25,000
| -56% | -$3.85M |
|
2305
iShares MSCI Chile ETF
ECH
$1,000M
| $2.54M | ﹤0.01% |
85,418
+73,257
| +602% | +$2.06M |
|
2306
CALL
Watsco Inc
WSO
$13.2B
| $2.54M | ﹤0.01% |
5,000
-3,200
| -39% | -$1.58M |
|
|
SFBS
2307
ServisFirst Bancshares
SFBS
$4.9B
| $2.54M | ﹤0.01% |
+30,739
| New | +$2.67M |
|
|
QVCGA
2308
DELISTED
QVC Group Inc Series A
QVCGA
| $2.54M | ﹤0.01% |
252,375
-61,214
| -20% | -$973K |
|
2309
Cushman & Wakefield Ltd
CWK
$3.16B
| $2.53M | ﹤0.01% |
248,029
-161,572
| -39% | -$1.96M |
|
2310
ACM Research
ACMR
$4.51B
| $2.53M | ﹤0.01% |
+108,550
| New | +$2.48M |
|
2311
KKR & Co
KKR
$89.1B
| $2.53M | ﹤0.01% |
+21,900
| New | +$3.01M |
|
|
HSPT
2312
DELISTED
Horizon Space Acquisition II Corp
HSPT
| $2.52M | ﹤0.01% |
+250,000
| New | +$2.51M |
|
2313
Donaldson
DCI
$10.7B
| $2.52M | ﹤0.01% |
37,651
-7,332
| -16% | -$507K |
|
2314
Anika Therapeutics
ANIK
$215M
| $2.52M | ﹤0.01% |
167,760
+13,996
| +9% | +$233K |
|
2315
CALL
Asbury Automotive
ABG
$4.62B
| $2.52M | ﹤0.01% |
11,400
-4,300
| -27% | -$1.12M |
|
2316
Definitive Healthcare
DH
$77M
| $2.52M | ﹤0.01% |
871,091
+161,322
| +23% | +$655K |
|
2317
nLIGHT
LASR
$3.33B
| $2.52M | ﹤0.01% |
323,845
-101,011
| -24% | -$1.02M |
|
2318
Zumiez
ZUMZ
$330M
| $2.52M | ﹤0.01% |
168,919
-22,559
| -12% | -$348K |
|
2319
OneSpaWorld
OSW
$2.64B
| $2.5M | ﹤0.01% |
149,162
-115,047
| -44% | -$2.24M |
|
2320
PUT
Dave & Buster's
PLAY
$357M
| $2.5M | ﹤0.01% |
142,500
-88,900
| -38% | -$2.1M |
|
2321
PUT
SM Energy
SM
$7.6B
| $2.5M | ﹤0.01% |
83,500
+56,600
| +210% | +$2.03M |
|
2322
ITT
ITT
$17.1B
| $2.5M | ﹤0.01% |
+19,330
| New | +$2.75M |
|
2323
Kinetik
KNTK
$3.72B
| $2.5M | ﹤0.01% |
48,064
+18,537
| +63% | +$1.09M |
|
2324
Heartland Express
HTLD
$1.01B
| $2.5M | ﹤0.01% |
270,654
+94,396
| +54% | +$999K |
|
|
PRMB
2325
Primo Brands
PRMB
$8.35B
| $2.49M | ﹤0.01% |
70,245
+44,345
| +171% | +$1.45M |
|
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.