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 | |
|---|---|---|---|---|---|---|
926
PUT
Stanley Black & Decker
SWK
$14.6B
| $11.6M | 0.02% |
68,200
+36,200
| +113% | +$5.92M |
|
927
General Mills
GIS
$19.5B
| $11.6M | 0.02% |
195,081
+155,967
| +399% | +$8.44M |
|
928
American Airlines Group
AAL
$9.9B
| $11.5M | 0.02% |
221,942
+110,478
| +99% | +$5.5M |
|
929
Primerica
PRI
$9.81B
| $11.5M | 0.02% |
113,714
-45,515
| -29% | -$4.34M |
|
930
CALL
Oracle
ORCL
$345B
| $11.5M | 0.02% |
243,400
-332,300
| -58% | -$16.3M |
|
|
ISCA
931
DELISTED
International Speedway Corp
ISCA
| $11.5M | 0.02% |
288,423
-14,071
| -5% | -$559K |
|
932
PUT
Tractor Supply
TSCO
$16.7B
| $11.4M | 0.02% |
763,500
| – | – |
|
933
Emergent Biosolutions
EBS
$378M
| $11.4M | 0.02% |
245,579
-51,702
| -17% | -$2.18M |
|
|
GWPH
934
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $11.4M | 0.02% |
86,200
| – | – |
|
935
CALL
EOG Resources
EOG
$74.7B
| $11.4M | 0.02% |
105,300
+76,800
| +269% | +$7.74M |
|
936
PUT
NetEase
NTES
$79.2B
| $11.3M | 0.02% |
164,000
| – | – |
|
|
DPLO
937
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $11.3M | 0.02% |
561,041
+233,456
| +71% | +$4.59M |
|
|
AVTA
938
DELISTED
Avantax, Inc. Common Stock
AVTA
| $11.3M | 0.02% |
509,205
+123,504
| +32% | +$2.75M |
|
939
J.M. Smucker
SJM
$12.9B
| $11.2M | 0.02% |
90,451
+64,481
| +248% | +$7.16M |
|
|
ALOG
940
DELISTED
Analogic Corp
ALOG
| $11.2M | 0.02% |
134,175
+48,632
| +57% | +$4.02M |
|
|
CBM
941
DELISTED
Cambrex Corporation
CBM
| $11.2M | 0.02% |
232,542
+216,314
| +1,333% | +$10.7M |
|
942
Bank of Montreal
BMO
$125B
| $11.1M | 0.02% |
139,257
+33,926
| +32% | +$2.65M |
|
|
TGI
943
DELISTED
Triumph Group
TGI
| $11.1M | 0.02% |
408,324
+136,165
| +50% | +$4.08M |
|
944
Sony
SONY
$131B
| $11.1M | 0.02% |
+1,234,585
| New | +$10.6M |
|
945
PUT
Align Technology
ALGN
$12B
| $11.1M | 0.02% |
49,900
-22,900
| -31% | -$5.2M |
|
|
CHUBK
946
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $11.1M | 0.02% |
538,497
-4,446
| -0.8% | -$94.1K |
|
947
CALL
Consolidated Edison
ED
$41.1B
| $11.1M | 0.02% |
130,200
-45,900
| -26% | -$3.94M |
|
|
TCF
948
DELISTED
TCF Financial Corporation
TCF
| $11M | 0.02% |
538,958
-341,262
| -39% | -$6.38M |
|
949
PUT
UnitedHealth
UNH
$379B
| $11M | 0.02% |
50,000
+30,000
| +150% | +$6.36M |
|
950
CALL
Mastercard
MA
$487B
| $11M | 0.02% |
72,800
-56,400
| -44% | -$8.39M |
|
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.