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 | |
|---|---|---|---|---|---|---|
2326
PUT
ATS Corp
ATS
$2.57B
| $2.49M | ﹤0.01% |
100,000
-1,000
| -1% | -$27.9K |
|
2327
Gerdau
GGB
$9.54B
| $2.49M | ﹤0.01% |
876,910
-929,961
| -51% | -$2.71M |
|
2328
Impinj
PI
$4.24B
| $2.49M | ﹤0.01% |
27,441
+6,211
| +29% | +$696K |
|
2329
CALL
Comfort Systems
FIX
$53.5B
| $2.48M | ﹤0.01% |
7,700
+3,800
| +97% | +$1.53M |
|
2330
OSI Systems
OSIS
$3.53B
| $2.47M | ﹤0.01% |
12,699
-17,634
| -58% | -$3.36M |
|
2331
CALL
KE Holdings
BEKE
$17.7B
| $2.47M | ﹤0.01% |
122,800
+9,900
| +9% | +$196K |
|
2332
Brink's
BCO
$5.01B
| $2.47M | ﹤0.01% |
+28,628
| New | +$2.6M |
|
|
AAT
2333
American Assets Trust
AAT
$1.46B
| $2.47M | ﹤0.01% |
+122,397
| New | +$2.76M |
|
2334
CALL
TG Therapeutics
TGTX
$8.19B
| $2.46M | ﹤0.01% |
62,500
+6,600
| +12% | +$222K |
|
2335
CALL
AES
AES
$10.6B
| $2.46M | ﹤0.01% |
198,100
-6,800
| -3% | -$78.7K |
|
2336
PUT
Rigetti Computing
RGTI
$4.39B
| $2.46M | ﹤0.01% |
+310,000
| New | +$3.44M |
|
2337
PUT
SL Green Realty
SLG
$3.83B
| $2.45M | ﹤0.01% |
42,400
+15,800
| +59% | +$996K |
|
|
HONE
2338
DELISTED
HarborOne Bancorp
HONE
| $2.45M | ﹤0.01% |
235,791
+140,670
| +148% | +$1.61M |
|
2339
Peapack-Gladstone Financial
PGC
$815M
| $2.44M | ﹤0.01% |
86,052
+5,511
| +7% | +$173K |
|
|
2340
TG Therapeutics
TGTX
$8.19B
| $2.44M | ﹤0.01% |
61,930
-106,573
| -63% | -$3.59M |
|
|
DADA
2341
DELISTED
Dada Nexus
DADA
| $2.44M | ﹤0.01% |
+1,318,453
| New | +$2.27M |
|
2342
PUT
Crown Castle
CCI
$34.6B
| $2.44M | ﹤0.01% |
23,400
-54,500
| -70% | -$5.09M |
|
2343
Latham Group
SWIM
$660M
| $2.44M | ﹤0.01% |
379,306
-551,163
| -59% | -$3.71M |
|
|
YMAB
2344
DELISTED
Y-mAbs Therapeutics
YMAB
| $2.44M | ﹤0.01% |
549,666
-65,465
| -11% | -$380K |
|
|
CPRX
2345
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.43M | ﹤0.01% |
100,395
+82,222
| +452% | +$1.85M |
|
2346
Western Union
WU
$2.53B
| $2.43M | ﹤0.01% |
229,588
-1,520,121
| -87% | -$16.1M |
|
2347
Capitol Federal Financial
CFFN
$1.09B
| $2.43M | ﹤0.01% |
433,502
+144,267
| +50% | +$841K |
|
2348
Liquidia Corp
LQDA
$7.72B
| $2.42M | ﹤0.01% |
164,374
+152,277
| +1,259% | +$2.22M |
|
|
CGAU
2349
Centerra Gold
CGAU
$3.38B
| $2.41M | ﹤0.01% |
379,879
+234,900
| +162% | +$1.44M |
|
2350
Zillow
Z
$7.78B
| $2.41M | ﹤0.01% |
35,158
-279,139
| -89% | -$21.3M |
|
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.