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 |
Alibaba
BABA
|
+$453M |
| 2 |
Oracle
ORCL
|
+$431M |
| 3 |
Apple
AAPL
|
+$376M |
| 4 |
SLB Ltd
SLB
|
+$353M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$746M |
| 2 |
AET
Aetna Inc
AET
|
+$378M |
| 3 |
NVIDIA
NVDA
|
+$348M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$307M |
| 5 |
AT&T
T
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.92% |
| 2 | Consumer Discretionary | 11.63% |
| 3 | Healthcare | 11.01% |
| 4 | Financials | 7.5% |
| 5 | Industrials | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VRTSP
1151
DELISTED
Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
| $8.63M | 0.01% |
113,675
+45,000
| +66% | +$3.99M |
|
1152
Ross Stores
ROST
$80.8B
| $8.61M | 0.01% |
103,528
-139,280
| -57% | -$12.6M |
|
1153
Cannae Holdings
CNNE
$653M
| $8.6M | 0.01% |
502,338
+179,587
| +56% | +$3.23M |
|
1154
CBIZ
CBZ
$2.95B
| $8.58M | 0.01% |
435,599
-4,954
| -1% | -$106K |
|
|
FOLD
1155
DELISTED
Amicus Therapeutics
FOLD
| $8.54M | 0.01% |
890,980
-1,509,694
| -63% | -$16.6M |
|
1156
Rogers Communications
RCI
$18.8B
| $8.53M | 0.01% |
166,279
+149,394
| +885% | +$7.74M |
|
1157
Jack Henry & Associates
JKHY
$11.4B
| $8.52M | 0.01% |
67,373
+64,067
| +1,938% | +$9.1M |
|
|
ZVO
1158
DELISTED
Zovio Inc. Common Stock
ZVO
| $8.52M | 0.01% |
1,215,973
+19,143
| +2% | +$163K |
|
1159
CNO Financial Group
CNO
$4.94B
| $8.5M | 0.01% |
570,992
+361,385
| +172% | +$6.59M |
|
|
SEND
1160
DELISTED
SendGrid, Inc.
SEND
| $8.48M | 0.01% |
+196,434
| New | +$7.56M |
|
1161
Evolent Health
EVH
$371M
| $8.46M | 0.01% |
424,253
+380,756
| +875% | +$8.81M |
|
1162
Emcor
EME
$29.9B
| $8.46M | 0.01% |
141,727
-15,541
| -10% | -$1.08M |
|
|
MIC
1163
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $8.46M | 0.01% |
231,255
+109,366
| +90% | +$4.38M |
|
1164
Churchill Downs
CHDN
$6.17B
| $8.45M | 0.01% |
207,774
+109,998
| +113% | +$4.85M |
|
1165
Ternium
TX
$9.43B
| $8.45M | 0.01% |
311,708
+132,901
| +74% | +$3.96M |
|
1166
Gibraltar Industries
ROCK
$1.28B
| $8.44M | 0.01% |
237,116
-49,045
| -17% | -$1.79M |
|
1167
Cincinnati Financial
CINF
$27.8B
| $8.41M | 0.01% |
108,633
-138,673
| -56% | -$10.8M |
|
|
NAV
1168
DELISTED
Navistar International
NAV
| $8.41M | 0.01% |
324,005
+111,697
| +53% | +$3.49M |
|
|
EXAS
1169
PUT
DELISTED
Exact Sciences
EXAS
| $8.39M | 0.01% |
133,000
+60,000
| +82% | +$4.12M |
|
1170
Cummins
CMI
$83.6B
| $8.37M | 0.01% |
62,654
-47,421
| -43% | -$6.7M |
|
1171
CarGurus
CARG
$3.34B
| $8.36M | 0.01% |
+247,874
| New | +$9.94M |
|
1172
ArcelorMittal
MT
$49.5B
| $8.36M | 0.01% |
404,329
-389,125
| -49% | -$9.63M |
|
1173
Fair Isaac
FICO
$31.8B
| $8.35M | 0.01% |
44,651
+28,262
| +172% | +$5.51M |
|
|
TIVO
1174
DELISTED
Tivo Inc
TIVO
| $8.34M | 0.01% |
885,972
+573,150
| +183% | +$6.18M |
|
|
TWOU
1175
DELISTED
2U Inc
TWOU
| $8.32M | 0.01% |
5,582
-11,028
| -66% | -$19.4M |
|
Similar funds
D.E. Shaw & Co's Q4 2018 Portfolio in Review
As of Q4 2018, D.E. Shaw & Co held 4,217 positions worth $72.6B, down 13% from $83.2B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
D.E. Shaw & Co deployed $3.99B of net new capital in Q4 2018, opening 541 new positions and adding to 1,544 existing holdings. Its largest new stake was Alibaba: 3,066,336 shares worth $420M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Amazon, an estimated $746M trimmed.
- D.E. Shaw & Co's largest Q4 2018 buy was Alibaba: 3,066,336 shares worth $420M.
- D.E. Shaw & Co added most to Oracle in Q4 2018, an estimated $431M increase.
- D.E. Shaw & Co's biggest Q4 2018 reduction was Amazon, cutting an estimated $746M.
- D.E. Shaw & Co fully exited Aetna Inc in Q4 2018, selling an estimated $378M.
- D.E. Shaw & Co's ten largest holdings make up 8.9% of its $72.6B portfolio in Q4 2018.
- D.E. Shaw & Co opened 541 new positions and closed 497 in Q4 2018.
- D.E. Shaw & Co's portfolio value fell 13% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2018, filed 14 Feb 2019.