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 | |
|---|---|---|---|---|---|---|
|
ANAC
2426
CALL
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $1.16M | ﹤0.01% |
+20,000
| New | +$849K |
|
2427
PUT
Knowles
KN
$3.07B
| $1.16M | ﹤0.01% |
60,000
-30,000
| -33% | -$626K |
|
|
CBK
2428
DELISTED
Christopher & Banks Corporation
CBK
| $1.16M | ﹤0.01% |
207,966
-67,603
| -25% | -$359K |
|
|
KITE
2429
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $1.15M | ﹤0.01% |
+20,000
| New | +$1.34M |
|
2430
Gibraltar Industries
ROCK
$1.39B
| $1.15M | ﹤0.01% |
70,275
-5,292
| -7% | -$81.8K |
|
2431
Omnicom Group
OMC
$24.6B
| $1.15M | ﹤0.01% |
14,779
+11,211
| +314% | +$856K |
|
2432
PUT
Churchill Downs
CHDN
$6.22B
| $1.15M | ﹤0.01% |
+60,000
| New | +$1.03M |
|
|
PWRD
2433
DELISTED
PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
| $1.15M | ﹤0.01% |
61,898
-40,772
| -40% | -$768K |
|
2434
Semtech
SMTC
$10.4B
| $1.15M | ﹤0.01% |
43,085
-45,838
| -52% | -$1.25M |
|
|
SIVB
2435
DELISTED
SVB Financial Group
SIVB
| $1.15M | ﹤0.01% |
+9,027
| New | +$1.08M |
|
2436
Addus HomeCare
ADUS
$2.23B
| $1.15M | ﹤0.01% |
49,774
-7,283
| -13% | -$163K |
|
|
WCG
2437
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.15M | ﹤0.01% |
12,531
+5,831
| +87% | +$487K |
|
2438
Mizuho Financial
MFG
$123B
| $1.14M | ﹤0.01% |
322,223
-5,371
| -2% | -$18.8K |
|
2439
Green Dot
GDOT
$758M
| $1.14M | ﹤0.01% |
80,707
-217,962
| -73% | -$3.73M |
|
|
REGI
2440
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.14M | ﹤0.01% |
123,540
+65,171
| +112% | +$594K |
|
2441
Arbor Realty Trust
ABR
$979M
| $1.14M | ﹤0.01% |
163,110
+23,521
| +17% | +$166K |
|
2442
Graham Corp
GHM
$1.17B
| $1.14M | ﹤0.01% |
47,467
+8,860
| +23% | +$211K |
|
2443
Tyler Technologies
TYL
$13.7B
| $1.14M | ﹤0.01% |
+9,431
| New | +$1.08M |
|
|
RHT
2444
CALL
DELISTED
Red Hat Inc
RHT
| $1.14M | ﹤0.01% |
15,000
| – | – |
|
2445
CALL
Ciena
CIEN
$49.6B
| $1.14M | ﹤0.01% |
58,800
-13,300
| -18% | -$265K |
|
|
CPHD
2446
DELISTED
Cepheid Inc
CPHD
| $1.13M | ﹤0.01% |
19,887
-120,452
| -86% | -$6.77M |
|
2447
Diodes
DIOD
$3.69B
| $1.13M | ﹤0.01% |
39,527
-11,748
| -23% | -$329K |
|
|
ZLTQ
2448
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $1.13M | ﹤0.01% |
+36,604
| New | +$1.17M |
|
2449
American Public Education
APEI
$917M
| $1.13M | ﹤0.01% |
37,631
-45,974
| -55% | -$1.53M |
|
2450
Morningstar
MORN
$7.38B
| $1.13M | ﹤0.01% |
15,028
-5,080
| -25% | -$360K |
|
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.