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 | |
|---|---|---|---|---|---|---|
|
BKI
376
DELISTED
Black Knight, Inc. Common Stock
BKI
| $44.8M | 0.06% |
1,015,789
+982,754
| +2,975% | +$44.4M |
|
377
LKQ Corp
LKQ
$6.58B
| $44.8M | 0.06% |
1,100,896
+353,414
| +47% | +$13.5M |
|
|
AIV
378
Aimco
AIV
$380M
| $44.7M | 0.06% |
7,674,821
+1,484,335
| +24% | +$8.74M |
|
379
CVS Health
CVS
$137B
| $44.5M | 0.06% |
614,473
+107,254
| +21% | +$7.8M |
|
|
MIK
380
DELISTED
Michaels Stores, Inc
MIK
| $44.5M | 0.06% |
1,840,798
-210,728
| -10% | -$4.36M |
|
|
CDK
381
DELISTED
CDK Global, Inc.
CDK
| $44.5M | 0.06% |
624,302
-221,318
| -26% | -$14.9M |
|
382
PUT
Lockheed Martin
LMT
$134B
| $44.4M | 0.06% |
138,400
+20,200
| +17% | +$6.37M |
|
383
M&T Bank
MTB
$36.2B
| $44.1M | 0.06% |
257,901
-75,784
| -23% | -$12.6M |
|
|
ENDP
384
DELISTED
Endo International plc
ENDP
| $43.9M | 0.06% |
5,659,407
+2,361,401
| +72% | +$17.7M |
|
385
Zions Bancorporation
ZION
$10.1B
| $43.9M | 0.06% |
862,777
+55,950
| +7% | +$2.68M |
|
|
MRC
386
DELISTED
MRC Global
MRC
| $43.6M | 0.06% |
2,575,160
+403,599
| +19% | +$6.67M |
|
387
PTC Therapeutics
PTCT
$6.37B
| $43.5M | 0.06% |
2,608,432
+245,464
| +10% | +$4.15M |
|
388
Dick's Sporting Goods
DKS
$18.4B
| $43.4M | 0.06% |
1,509,252
+721,044
| +91% | +$19.9M |
|
389
InterDigital
IDCC
$6.68B
| $43.3M | 0.06% |
569,176
+94,322
| +20% | +$7.05M |
|
390
PUT
ExxonMobil
XOM
$651B
| $43.3M | 0.06% |
517,500
-84,200
| -14% | -$6.96M |
|
391
KLA
KLAC
$275B
| $43.3M | 0.06% |
4,118,910
-2,597,830
| -39% | -$27.4M |
|
|
ZIONW
392
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $43.2M | 0.06% |
2,308,700
| – | – |
|
393
Reliance Steel & Aluminium
RS
$20.8B
| $43.2M | 0.06% |
503,598
-110,326
| -18% | -$8.69M |
|
394
First Solar
FSLR
$21.8B
| $43.2M | 0.06% |
639,700
+261,139
| +69% | +$15.3M |
|
395
The Mosaic Company
MOS
$7.09B
| $42.8M | 0.06% |
1,668,771
-298,750
| -15% | -$6.86M |
|
396
Lennar Class A
LEN
$20.4B
| $42.8M | 0.06% |
698,400
+15,113
| +2% | +$859K |
|
|
DISH
397
DELISTED
DISH Network Corp.
DISH
| $42.6M | 0.06% |
892,879
+797,937
| +840% | +$39.8M |
|
398
PUT
Freeport-McMoran
FCX
$90B
| $42.4M | 0.06% |
2,238,400
-418,200
| -16% | -$6.31M |
|
|
BRSL
399
Brightstar Lottery PLC
BRSL
$1.91B
| $42.2M | 0.06% |
1,590,612
+749,875
| +89% | +$19.2M |
|
|
AUD
400
DELISTED
Audacy, Inc.
AUD
| $42M | 0.06% |
3,889,988
+3,847,914
| +9,146% | +$43.8M |
|
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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.