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 | |
|---|---|---|---|---|---|---|
826
CNX Resources
CNX
$4.85B
| $13.8M | 0.02% |
940,977
-1,157,181
| -55% | -$16M |
|
827
CALL
Coca-Cola
KO
$354B
| $13.7M | 0.02% |
299,200
-104,900
| -26% | -$4.82M |
|
|
CELG
828
CALL
DELISTED
Celgene Corp
CELG
| $13.7M | 0.02% |
131,500
-280,600
| -68% | -$31.7M |
|
829
8x8 Inc
EGHT
$247M
| $13.7M | 0.02% |
971,273
+277,035
| +40% | +$3.83M |
|
830
CALL
Target
TGT
$62.1B
| $13.7M | 0.02% |
209,800
-239,900
| -53% | -$14.5M |
|
831
Home Depot
HD
$332B
| $13.6M | 0.02% |
71,901
-87,386
| -55% | -$15.1M |
|
|
PPLI
832
PUT
People Inc
PPLI
$3.1B
| $13.6M | 0.02% |
623,328
+167,862
| +37% | +$3.76M |
|
833
Babcock & Wilcox
BW
$1.43B
| $13.6M | 0.02% |
239,056
+126,583
| +113% | +$5.74M |
|
834
National Grid
NGG
$82.7B
| $13.5M | 0.02% |
259,966
+173,373
| +200% | +$9.25M |
|
|
HIBB
835
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $13.5M | 0.02% |
661,467
+476,089
| +257% | +$7.86M |
|
836
PUT
Alaska Air
ALK
$5.15B
| $13.5M | 0.02% |
183,500
+88,500
| +93% | +$6.29M |
|
837
Highwoods Properties
HIW
$3.71B
| $13.5M | 0.02% |
264,876
+231,049
| +683% | +$11.9M |
|
|
DCUD
838
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
| $13.5M | 0.02% |
+260,000
| New | +$13.5M |
|
|
LL
839
DELISTED
LL Flooring Holdings, Inc.
LL
| $13.4M | 0.02% |
428,383
-780,941
| -65% | -$24.7M |
|
|
EDR
840
DELISTED
Education Realty Trust Inc
EDR
| $13.4M | 0.02% |
384,743
+199,312
| +107% | +$7.18M |
|
841
AdvanSix
ASIX
$567M
| $13.4M | 0.02% |
319,107
-3,451
| -1% | -$148K |
|
|
JOYY
842
JOYY Inc
JOYY
$3.73B
| $13.4M | 0.02% |
+118,642
| New | +$11.9M |
|
|
ABMD
843
DELISTED
Abiomed Inc
ABMD
| $13.4M | 0.02% |
71,531
+15,588
| +28% | +$2.91M |
|
|
KNL
844
DELISTED
Knoll, Inc.
KNL
| $13.4M | 0.02% |
581,192
+82,616
| +17% | +$1.72M |
|
845
CALL
Align Technology
ALGN
$12B
| $13.3M | 0.02% |
60,000
+35,400
| +144% | +$8.04M |
|
846
CALL
Expedia Group
EXPE
$31.2B
| $13.3M | 0.02% |
111,200
+57,700
| +108% | +$7.49M |
|
847
SK Telecom
SKM
$13.7B
| $13.3M | 0.02% |
288,695
-162,891
| -36% | -$7.11M |
|
848
Stride
LRN
$3.69B
| $13.3M | 0.02% |
834,638
+75,578
| +10% | +$1.26M |
|
849
CALL
American International
AIG
$41.9B
| $13.3M | 0.02% |
222,700
+82,700
| +59% | +$5.08M |
|
850
Bausch Health
BHC
$1.65B
| $13.3M | 0.02% |
638,072
+76,245
| +14% | +$1.21M |
|
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.