David Shaw D.E. Shaw & Co
David Shaw founded D. E. Shaw & Co., a pioneering quantitative investment firm that helped define systematic trading at scale. With a background in computer science, Shaw built teams that applied advanced computation to markets across equities, derivatives, and other assets. The firm remains one of the most important quant platforms in global finance, even as Shaw’s own public role has shifted over time.
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 | 10.34% |
| 2 | Technology | 9.79% |
| 3 | Consumer Discretionary | 9.73% |
| 4 | Healthcare | 8.68% |
| 5 | Financials | 8.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Edgewell Personal Care
EPC
$1.31B
| $11.6M | 0.02% |
113,122
-40,351
| -26% | -$4M |
|
877
Prudential Financial
PRU
$42.3B
| $11.6M | 0.02% |
144,065
+7,100
| +5% | +$575K |
|
878
Knowles
KN
$2.78B
| $11.6M | 0.02% |
600,000
-300,000
| -33% | -$6.26M |
|
|
HMHC
879
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $11.6M | 0.02% |
492,318
+115,230
| +31% | +$2.37M |
|
|
CYN
880
DELISTED
CITY NATIONAL CORPORATION
CYN
| $11.5M | 0.02% |
+129,304
| New | +$11.2M |
|
881
PUT
Valero Energy
VLO
$99.6B
| $11.5M | 0.02% |
180,300
-442,500
| -71% | -$24.7M |
|
882
CALL
Northrop Grumman
NOC
$78B
| $11.4M | 0.02% |
71,000
-100,000
| -58% | -$16M |
|
883
PUT
Transocean
RIG
$6.44B
| $11.4M | 0.02% |
775,000
-718,600
| -48% | -$11.6M |
|
|
RCPT
884
CALL
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $11.3M | 0.02% |
68,800
+58,800
| +588% | +$7.44M |
|
|
CY
885
DELISTED
Cypress Semiconductor
CY
| $11.3M | 0.02% |
803,920
+793,220
| +7,413% | +$11.7M |
|
886
PUT
Helmerich & Payne
HP
$4.25B
| $11.3M | 0.02% |
166,400
-214,200
| -56% | -$14M |
|
887
Insulet
PODD
$10.1B
| $11.3M | 0.02% |
337,713
+331,062
| +4,978% | +$11.2M |
|
888
Allegiant Air
ALGT
$2.23B
| $11.2M | 0.02% |
58,457
+18,095
| +45% | +$3.24M |
|
889
Fastenal
FAST
$58.8B
| $11.2M | 0.02% |
+1,081,772
| New | +$11.7M |
|
890
Encompass Health
EHC
$11.9B
| $11.2M | 0.02% |
317,098
-82,730
| -21% | -$2.83M |
|
|
INVX
891
Innovex International
INVX
$2B
| $11.2M | 0.02% |
163,300
+150,148
| +1,142% | +$10.8M |
|
892
Dover
DOV
$27.4B
| $11.1M | 0.02% |
199,226
-15,696
| -7% | -$904K |
|
|
GMCR
893
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $11.1M | 0.02% |
99,500
-23,800
| -19% | -$2.98M |
|
894
BlackBerry
BB
$4.48B
| $11.1M | 0.02% |
1,243,928
-4,341,261
| -78% | -$44.1M |
|
895
Innospec
IOSP
$2.33B
| $11.1M | 0.02% |
239,098
+19,970
| +9% | +$857K |
|
896
Assured Guaranty
AGO
$3.26B
| $11M | 0.02% |
416,567
-434,820
| -51% | -$11.2M |
|
897
PUT
Vale
VALE
$64B
| $11M | 0.02% |
1,940,100
-1,475,900
| -43% | -$10.7M |
|
898
PUT
Merck
MRK
$372B
| $10.9M | 0.02% |
199,330
-1,034,271
| -84% | -$58.6M |
|
899
CALL
Marriott International
MAR
$93.9B
| $10.9M | 0.02% |
136,100
| – | – |
|
900
Tidewater
TDW
$4.62B
| $10.9M | 0.02% |
17,695
+9,728
| +122% | +$8.65M |
|
Similar funds
David Shaw's Q1 2015 Portfolio in Review
As of Q1 2015, David Shaw 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.
David Shaw 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 10% of assets, up from 8.6% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, David Shaw opened a new position in SPDR Gold Trust worth $231M.
- David Shaw's largest Q1 2015 buy was SPDR Gold Trust: 2,033,000 shares worth $231M.
- David Shaw added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $345M increase.
- David Shaw's biggest Q1 2015 reduction was LyondellBasell Industries, cutting an estimated $397M.
- David Shaw fully exited Allergan Inc in Q1 2015, selling an estimated $374M.
- David Shaw's ten largest holdings make up 11% of its $65.3B portfolio in Q1 2015.
- David Shaw opened 448 new positions and closed 828 in Q1 2015.
- David Shaw'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.