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 | |
|---|---|---|---|---|---|---|
|
FGL
2451
DELISTED
Fidelity & Guaranty Life
FGL
| $1.13M | ﹤0.01% |
53,106
+34,135
| +180% | +$744K |
|
|
DERM
2452
DELISTED
Dermira, Inc.
DERM
| $1.13M | ﹤0.01% |
73,292
-11,871
| -14% | -$199K |
|
|
YOKU
2453
PUT
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $1.13M | ﹤0.01% |
90,000
-240,000
| -73% | -$3.92M |
|
|
ATW
2454
CALL
DELISTED
Atwood Oceanics
ATW
| $1.12M | ﹤0.01% |
+40,000
| New | +$1.19M |
|
2455
Eagle Bancorp
EGBN
$866M
| $1.12M | ﹤0.01% |
+29,255
| New | +$1.04M |
|
|
GWPH
2456
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $1.12M | ﹤0.01% |
+12,300
| New | +$999K |
|
2457
CALL
Vornado Realty Trust
VNO
$7.54B
| $1.12M | ﹤0.01% |
12,370
-1,299
| -10% | -$117K |
|
|
VRE
2458
DELISTED
Veris Residential
VRE
| $1.12M | ﹤0.01% |
58,114
-122,789
| -68% | -$2.37M |
|
2459
Coherent
COHR
$47.6B
| $1.12M | ﹤0.01% |
60,536
+34,821
| +135% | +$574K |
|
|
PARA
2460
CALL
DELISTED
Paramount Global Class B
PARA
| $1.12M | ﹤0.01% |
18,400
-441,400
| -96% | -$25.8M |
|
|
PRFT
2461
DELISTED
Perficient Inc
PRFT
| $1.11M | ﹤0.01% |
53,813
+5,827
| +12% | +$113K |
|
2462
Huron Consulting
HURN
$1.97B
| $1.11M | ﹤0.01% |
16,819
+11,909
| +243% | +$836K |
|
2463
IAMGOLD
IAG
$8.24B
| $1.11M | ﹤0.01% |
594,958
+516,355
| +657% | +$1.27M |
|
2464
CALL
TechnipFMC
FTI
$28.9B
| $1.11M | ﹤0.01% |
+40,320
| New | +$1.18M |
|
|
2465
PUT
TechnipFMC
FTI
$28.9B
| $1.11M | ﹤0.01% |
+40,320
| New | +$1.18M |
|
2466
Hancock Whitney
HWC
$6.19B
| $1.11M | ﹤0.01% |
37,163
-2,527
| -6% | -$72.3K |
|
|
BV
2467
DELISTED
Bazaarvoice, Inc.
BV
| $1.11M | ﹤0.01% |
196,502
+60,667
| +45% | +$467K |
|
|
YDKN
2468
DELISTED
Yadkin Financial Corporation
YDKN
| $1.11M | ﹤0.01% |
54,551
-9,031
| -14% | -$175K |
|
2469
CALL
Itaú Unibanco
ITUB
$91.6B
| $1.11M | ﹤0.01% |
249,441
+174,609
| +233% | +$852K |
|
2470
PUT
KBR
KBR
$4.74B
| $1.11M | ﹤0.01% |
76,400
-95,600
| -56% | -$1.55M |
|
2471
Essex Property Trust
ESS
$18.9B
| $1.1M | ﹤0.01% |
+4,806
| New | +$1.09M |
|
2472
CALL
Forum Energy Technologies
FET
$593M
| $1.1M | ﹤0.01% |
2,820
+2,000
| +244% | +$724K |
|
2473
VSE Corp
VSEC
$5.59B
| $1.1M | ﹤0.01% |
26,950
+7,332
| +37% | +$280K |
|
|
AF
2474
DELISTED
Astoria Financial Corporation
AF
| $1.1M | ﹤0.01% |
85,157
-67,604
| -44% | -$867K |
|
2475
PUT
Ciena
CIEN
$49.6B
| $1.1M | ﹤0.01% |
57,000
-162,300
| -74% | -$3.23M |
|
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.