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 |
GE Aerospace
GE
|
+$570M |
| 2 |
Meta Platforms (Facebook)
META
|
+$469M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$342M |
| 4 |
Merck
MRK
|
+$322M |
| 5 |
MON
Monsanto Co
MON
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$434M |
| 2 |
Netflix
NFLX
|
+$301M |
| 3 |
Alibaba
BABA
|
+$245M |
| 4 |
Verizon
VZ
|
+$235M |
| 5 |
Tesla
TSLA
|
+$230M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.27% |
| 2 | Healthcare | 11.28% |
| 3 | Consumer Discretionary | 8.99% |
| 4 | Communication Services | 8.03% |
| 5 | Industrials | 7.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Chemours
CC
$2.59B
| $57.9M | 0.08% |
1,156,840
-31,595
| -3% | -$1.65M |
|
302
State Street SPDR Dow Jones International Real Estate ETF
RWX
$265M
| $57.6M | 0.08% |
1,421,804
-60,193
| -4% | -$2.35M |
|
303
Travel + Leisure Co
TNL
$4.54B
| $57.4M | 0.08% |
1,096,390
-392,269
| -26% | -$19.4M |
|
304
CALL
Micron Technology
MU
$1.04T
| $57.3M | 0.08% |
1,394,300
+669,100
| +92% | +$28.8M |
|
305
JPMorgan Chase
JPM
$939B
| $57.2M | 0.08% |
535,308
-648,072
| -55% | -$65.6M |
|
306
CALL
Qualcomm
QCOM
$176B
| $57M | 0.08% |
890,100
+698,300
| +364% | +$42.3M |
|
307
PUT
FedEx
FDX
$74.5B
| $57M | 0.08% |
228,300
+29,300
| +15% | +$6.7M |
|
308
PUT
Walt Disney
DIS
$165B
| $56.6M | 0.08% |
526,900
-260,000
| -33% | -$26.8M |
|
309
Newmont
NEM
$98.2B
| $56.5M | 0.08% |
1,504,957
-55,508
| -4% | -$2.04M |
|
310
Lockheed Martin
LMT
$134B
| $56.4M | 0.08% |
175,809
+146,883
| +508% | +$46.3M |
|
311
VF Corp
VFC
$6.68B
| $56.3M | 0.08% |
807,806
+105,847
| +15% | +$6.99M |
|
312
PUT
United Airlines
UAL
$38.4B
| $56.2M | 0.08% |
834,000
+240,300
| +40% | +$15M |
|
313
Baidu
BIDU
$35.8B
| $56.2M | 0.08% |
239,802
-25,669
| -10% | -$6.28M |
|
|
BKHU
314
DELISTED
Black Hills Corporation
BKHU
| $56.1M | 0.08% |
847,877
+105,900
| +14% | +$7.14M |
|
315
Tractor Supply
TSCO
$16.3B
| $56M | 0.08% |
3,746,560
-3,414,845
| -48% | -$43.8M |
|
|
COL
316
DELISTED
Rockwell Collins
COL
| $55.9M | 0.08% |
412,498
+136,850
| +50% | +$18.3M |
|
317
RPM International
RPM
$13.7B
| $55.6M | 0.08% |
1,059,760
+977,975
| +1,196% | +$51.2M |
|
|
FITB
318
Fifth Third Bancorp
FITB
$52B
| $55.5M | 0.08% |
1,830,414
+1,784,694
| +3,904% | +$52.1M |
|
|
X
319
CALL
DELISTED
US Steel
X
| $55.2M | 0.08% |
1,568,200
+227,900
| +17% | +$6.63M |
|
|
MXIM
320
DELISTED
Maxim Integrated Products
MXIM
| $55.1M | 0.08% |
1,054,188
+111,923
| +12% | +$5.82M |
|
321
CALL
LendingTree
TREE
$544M
| $54.7M | 0.08% |
160,700
+65,400
| +69% | +$18.6M |
|
322
Labcorp
LH
$24.3B
| $54.6M | 0.08% |
398,379
+172,383
| +76% | +$22.8M |
|
323
Aon
AON
$77.3B
| $54.6M | 0.08% |
407,267
+401,289
| +6,713% | +$57.1M |
|
|
MDRX
324
DELISTED
Veradigm Inc. Common Stock
MDRX
| $54.4M | 0.08% |
3,740,896
+517,605
| +16% | +$7.19M |
|
|
EQC
325
DELISTED
Equity Commonwealth
EQC
| $54.4M | 0.07% |
1,782,783
-258,963
| -13% | -$7.84M |
|
Similar funds
D.E. Shaw & Co's Q4 2017 Portfolio in Review
As of Q4 2017, D.E. Shaw & Co held 3,940 positions worth $72.6B, up 12% from $65.1B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
D.E. Shaw & Co deployed $3.73B of net new capital in Q4 2017, opening 507 new positions and adding to 1,441 existing holdings. Its largest new stake was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $434M trimmed.
- D.E. Shaw & Co's largest Q4 2017 buy was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
- D.E. Shaw & Co added most to GE Aerospace in Q4 2017, an estimated $570M increase.
- D.E. Shaw & Co's biggest Q4 2017 reduction was Apple, cutting an estimated $434M.
- D.E. Shaw & Co fully exited Tesla in Q4 2017, selling an estimated $230M.
- D.E. Shaw & Co's ten largest holdings make up 9.5% of its $72.6B portfolio in Q4 2017.
- D.E. Shaw & Co opened 507 new positions and closed 394 in Q4 2017.
- D.E. Shaw & Co's portfolio value rose 12% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2017, filed 14 Feb 2018.