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 | |
|---|---|---|---|---|---|---|
|
GPX
2376
DELISTED
GP Strategies Corp.
GPX
| $1.22M | ﹤0.01% |
33,072
+17,243
| +109% | +$594K |
|
|
ULTI
2377
PUT
DELISTED
Ultimate Software Group Inc
ULTI
| $1.22M | ﹤0.01% |
7,200
+800
| +13% | +$127K |
|
|
KYO
2378
DELISTED
Kyocera Adr
KYO
| $1.22M | ﹤0.01% |
22,280
+8,531
| +62% | +$413K |
|
2379
CALL
Hasbro
HAS
$13.6B
| $1.22M | ﹤0.01% |
19,300
| – | – |
|
2380
PUT
Consolidated Edison
ED
$41.3B
| $1.22M | ﹤0.01% |
20,000
-24,200
| -55% | -$1.57M |
|
2381
ICL Group
ICL
$6.76B
| $1.22M | ﹤0.01% |
171,910
+83,993
| +96% | +$603K |
|
|
MNI
2382
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $1.22M | ﹤0.01% |
66,244
+2,327
| +4% | +$56.8K |
|
2383
PUT
Ecopetrol
EC
$32.5B
| $1.22M | ﹤0.01% |
80,000
+50,000
| +167% | +$810K |
|
2384
Power Integrations
POWI
$3.3B
| $1.22M | ﹤0.01% |
46,778
-58,100
| -55% | -$1.56M |
|
|
FBRC
2385
DELISTED
FBR & Co. Common Stock
FBRC
| $1.22M | ﹤0.01% |
52,572
-898
| -2% | -$21.4K |
|
|
SHOE
2386
Shoe Station Group
SHOE
$431M
| $1.21M | ﹤0.01% |
82,330
+30,672
| +59% | +$381K |
|
|
ACH
2387
Accendra Health
ACH
$249M
| $1.21M | ﹤0.01% |
35,793
-37,206
| -51% | -$1.3M |
|
|
I
2388
DELISTED
INTELSAT S. A.
I
| $1.21M | ﹤0.01% |
100,721
-22,768
| -18% | -$327K |
|
|
BEL
2389
DELISTED
Belmond Ltd.
BEL
| $1.21M | ﹤0.01% |
98,467
-48,027
| -33% | -$555K |
|
|
LMOS
2390
DELISTED
Lumos Networks Corp
LMOS
| $1.21M | ﹤0.01% |
79,201
-97
| -0.1% | -$1.64K |
|
2391
Antero Resources
AR
$10.5B
| $1.21M | ﹤0.01% |
34,198
+27,398
| +403% | +$1.03M |
|
|
BPFH
2392
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $1.21M | ﹤0.01% |
99,455
+59,761
| +151% | +$735K |
|
|
TTSH
2393
DELISTED
Tile Shop Holdings
TTSH
| $1.21M | ﹤0.01% |
99,665
+68,780
| +223% | +$670K |
|
|
WG
2394
DELISTED
Willbros Group
WG
| $1.21M | ﹤0.01% |
364,559
-47,498
| -12% | -$260K |
|
|
BGC
2395
PUT
DELISTED
General Cable Corporation
BGC
| $1.21M | ﹤0.01% |
70,000
-100,000
| -59% | -$1.41M |
|
|
NEWS
2396
DELISTED
NewStar Financial, Inc.
NEWS
| $1.2M | ﹤0.01% |
102,548
-437
| -0.4% | -$4.71K |
|
2397
Westamerica Bancorp
WABC
$1.39B
| $1.2M | ﹤0.01% |
27,782
+6,631
| +31% | +$289K |
|
2398
Xencor
XNCR
$1.48B
| $1.2M | ﹤0.01% |
78,328
+44,506
| +132% | +$702K |
|
|
DO
2399
PUT
DELISTED
Diamond Offshore Drilling
DO
| $1.2M | ﹤0.01% |
44,800
-120,100
| -73% | -$3.74M |
|
|
SWC
2400
DELISTED
Stillwater Mining Co
SWC
| $1.2M | ﹤0.01% |
92,567
+26,894
| +41% | +$372K |
|
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.