Clients
D. E. Shaw Investment Management serves 23 clients, 20 of them pooled investment vehicles. The average client has about $1.45 billion with the firm.
- Investment companies3 clients34%
- Pooled investment vehicles20 clients58%
- State or municipal government entities6%
- Pension and profit-sharing plans2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 3 | $11,345,763,112 | 34.0% | $3.78B |
| Pooled investment vehicles | 20 | $19,480,647,267 | 58.4% | $974.0M |
| Pension and profit-sharing plans | Not reported | $501,733,514 | 1.5% | — |
| State or municipal government entities | Not reported | $2,040,025,446 | 6.1% | — |
| Total | 23 | $33,368,169,339 | 100% | $1.45B |
- Clients
- 3
- Regulatory AUM
- $11,345,763,112
- Share
- 34.0%
- Avg. per client
- $3.78B
- Clients
- 20
- Regulatory AUM
- $19,480,647,267
- Share
- 58.4%
- Avg. per client
- $974.0M
- Clients
- Not reported
- Regulatory AUM
- $501,733,514
- Share
- 1.5%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $2,040,025,446
- Share
- 6.1%
- Avg. per client
- —
Total
- Clients
- 23
- Regulatory AUM
- $33,368,169,339
- Share
- 100%
- Avg. per client
- $1.45B
What it does
D. E. Shaw Investment Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, performance-based fees and other arrangements.
D. E. Shaw Investment Management provided financial planning to 0 clients last fiscal year and advises 17 private funds.
100.0% of assets ($33.37B across 26 accounts) are managed with discretion. 12% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks99%
- Cash1%
Custodians
D. E. Shaw Investment Management’s client accounts are held mainly at State Street Bank and Trust, with 6% of managed assets, and Fidelity, with 2%. D. E. Shaw Investment Management has custody of $6.32B for 11 clients.
- FidelityFidelity Global Brokerage Group, Inc · Boston, MA · $501.7M2%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $2.04B6%
- All other custodians$30.83B92%
Ownership and leadership
D. E. Shaw & Co., L.P. owns 75% or more of D. E. Shaw Investment Management.
- Owns 75% or more of D. E. Shaw Investment Management, L.L.C.
D. E. Shaw & Co., L.P.
Control person · since February 2005
D. E. Shaw & Co., Inc.
General partner · Control person · since November 1992
- Owns 75% or more of D. E. Shaw & Co., Inc.
David Shaw
Control person · since November 1992
Leadership
- Yevgenia ZemlyakovaExecutive Committee Member, Chief Operating Officer
- Daniel MarcusChief Compliance Officer
- Edward FishmanExecutive Committee Member
- Alexis HalabyExecutive Committee Member
- Michael LewkoniaGeneral Counsel
- Maximilian StoneExecutive Committee Member
Staff
- 47 employees
- 45 in advisory functions
- 7 broker-dealer reps
- 1 soliciting firm
Fees
D. E. Shaw Investment Management is paid through a percentage of assets under management, performance-based fees and other.
D. E. Shaw Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, D. E. Shaw Investment Management has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 150 California Street, San Francisco
New York · 1 listed address
- Two Manhattan West, 375 Ninth Avenue, 52nd Floor, New YorkHQ
Registration details
- Legal name
- D. E. Shaw Investment Management, L.L.C.
- Headquarters
- Two Manhattan West, 375 Ninth Avenue, 52nd Floor, New York, NY 10001
- Phone
- 212-478-0000
- Website
- www.deshaw.com
- SEC file
- 801-64222
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does D. E. Shaw Investment Management have?
D. E. Shaw Investment Management has 23 clients and manages $33.4 billion for them, as of July 2026. They include 20 pooled investment vehicles and 3 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 July 2026
What services does D. E. Shaw Investment Management offer?
D. E. Shaw Investment Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does D. E. Shaw Investment Management use?
D. E. Shaw Investment Management’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $2,040,025,446 and Fidelity Global Brokerage Group, Inc (Boston, MA), with $501,733,514. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 July 2026
How many financial advisors does D. E. Shaw Investment Management have?
D. E. Shaw Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 47 employees, and 45 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does D. E. Shaw Investment Management invest in?
At the end of its last fiscal year, D. E. Shaw Investment Management’s separately managed accounts held 99% exchange-traded equities and 1% cash and equivalents. It advises 17 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns D. E. Shaw Investment Management?
D. E. Shaw Investment Management is owned through a chain of holding companies by David Shaw. Its direct owner is D. E. Shaw & Co., L.P. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 July 2026
How does D. E. Shaw Investment Management get paid?
D. E. Shaw Investment Management is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file