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 | |
|---|---|---|---|---|---|---|
|
AFI
1126
DELISTED
Armstrong Flooring, Inc.
AFI
| $8.12M | 0.01% |
479,626
+90,551
| +23% | +$1.47M |
|
1127
PUT
Vale
VALE
$62.9B
| $8.11M | 0.01% |
662,800
-220,900
| -25% | -$2.34M |
|
1128
Gentex
GNTX
$4.88B
| $8.11M | 0.01% |
386,892
+147,550
| +62% | +$2.94M |
|
1129
Methanex
MEOH
$4.19B
| $8.1M | 0.01% |
133,798
-61,837
| -32% | -$3.26M |
|
|
WAGE
1130
DELISTED
WageWorks, Inc.
WAGE
| $8.1M | 0.01% |
130,647
+4,758
| +4% | +$298K |
|
1131
CALL
Markel Group
MKL
$25.2B
| $8.09M | 0.01% |
7,100
-300
| -4% | -$328K |
|
1132
Walker & Dunlop
WD
$1.69B
| $8.08M | 0.01% |
170,028
+28,614
| +20% | +$1.46M |
|
|
ISEE
1133
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $8.07M | 0.01% |
2,585,350
+132,150
| +5% | +$371K |
|
|
JOYY
1134
PUT
JOYY Inc
JOYY
$3.77B
| $8.05M | 0.01% |
71,200
| – | – |
|
|
MGI
1135
DELISTED
MoneyGram International, Inc. New
MGI
| $8.04M | 0.01% |
610,325
-109,554
| -15% | -$1.6M |
|
1136
Grand Canyon Education
LOPE
$3.84B
| $8.03M | 0.01% |
89,661
-9,646
| -10% | -$873K |
|
1137
Autodesk
ADSK
$47.7B
| $8.02M | 0.01% |
76,474
-22,148
| -22% | -$2.58M |
|
|
ESRX
1138
DELISTED
Express Scripts Holding Company
ESRX
| $7.99M | 0.01% |
107,076
-796,154
| -88% | -$50.9M |
|
|
NUVA
1139
DELISTED
NuVasive, Inc.
NUVA
| $7.99M | 0.01% |
+136,635
| New | +$7.75M |
|
|
QUOT
1140
DELISTED
Quotient Technology Inc
QUOT
| $7.99M | 0.01% |
679,781
-6,047
| -0.9% | -$83.9K |
|
1141
Cummins
CMI
$91.3B
| $7.98M | 0.01% |
45,153
-26,391
| -37% | -$4.51M |
|
1142
PUT
Under Armour
UAA
$3.02B
| $7.97M | 0.01% |
552,600
-97,400
| -15% | -$1.41M |
|
1143
Metallus
MTUS
$869M
| $7.97M | 0.01% |
524,401
-238,472
| -31% | -$3.63M |
|
1144
PUT
Illinois Tool Works
ITW
$81.9B
| $7.96M | 0.01% |
47,700
-35,600
| -43% | -$5.68M |
|
|
SOHU
1145
Sohu.com
SOHU
$345M
| $7.92M | 0.01% |
182,766
+33,338
| +22% | +$1.79M |
|
1146
PNC Financial Services
PNC
$99.6B
| $7.92M | 0.01% |
54,857
-14,644
| -21% | -$2.02M |
|
1147
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $7.89M | 0.01% |
71,667
| – | – |
|
|
DF
1148
DELISTED
Dean Foods Company
DF
| $7.89M | 0.01% |
682,676
+369,156
| +118% | +$3.92M |
|
1149
Ternium
TX
$9.37B
| $7.86M | 0.01% |
248,762
-153,624
| -38% | -$4.6M |
|
|
1150
CALL
GE Aerospace
GE
$375B
| $7.85M | 0.01% |
93,898
-47,992
| -34% | -$4.58M |
|
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.