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 | |
|---|---|---|---|---|---|---|
126
Canadian Pacific Kansas City
CP
$82B
| $130M | 0.18% |
3,553,835
-1,272,220
| -26% | -$44.3M |
|
127
Amdocs
DOX
$5.53B
| $129M | 0.18% |
1,965,759
+812,424
| +70% | +$52.7M |
|
128
Kimberly-Clark
KMB
$36.4B
| $128M | 0.18% |
1,063,947
+349,131
| +49% | +$40.7M |
|
|
CTXS
129
DELISTED
Citrix Systems Inc
CTXS
| $127M | 0.18% |
1,446,004
+711,969
| +97% | +$60.3M |
|
130
EQT Corp
EQT
$33.2B
| $127M | 0.18% |
4,104,769
+442,678
| +12% | +$14.5M |
|
|
131
CALL
Netflix
NFLX
$292B
| $127M | 0.17% |
6,616,000
-234,000
| -3% | -$4.51M |
|
132
Walt Disney
DIS
$165B
| $127M | 0.17% |
1,178,754
+373,161
| +46% | +$38.4M |
|
133
Ashland
ASH
$3.04B
| $126M | 0.17% |
1,774,156
-153,097
| -8% | -$10.6M |
|
134
PUT
JPMorgan Chase
JPM
$939B
| $126M | 0.17% |
1,176,700
-27,500
| -2% | -$2.78M |
|
135
Alcoa
AA
$11.7B
| $126M | 0.17% |
2,329,876
+135,039
| +6% | +$6.18M |
|
|
136
CALL
Meta Platforms (Facebook)
META
$1.51T
| $125M | 0.17% |
710,000
-110,000
| -13% | -$19.4M |
|
137
Electronic Arts
EA
$52.4B
| $124M | 0.17% |
1,177,474
+111,973
| +11% | +$12.4M |
|
138
Synopsys
SNPS
$71.5B
| $124M | 0.17% |
1,448,947
+200,134
| +16% | +$17.3M |
|
139
Genpact
G
$5.3B
| $123M | 0.17% |
3,882,107
-372,465
| -9% | -$11.5M |
|
140
PUT
Chipotle Mexican Grill
CMG
$40.8B
| $122M | 0.17% |
21,190,000
+3,155,000
| +17% | +$18.8M |
|
141
Molson Coors Class B
TAP
$7.68B
| $122M | 0.17% |
1,492,061
+885,952
| +146% | +$71.7M |
|
142
PUT
Micron Technology
MU
$1.04T
| $122M | 0.17% |
2,960,800
+257,300
| +10% | +$11.1M |
|
143
Gilead Sciences
GILD
$161B
| $121M | 0.17% |
1,686,633
-1,043,704
| -38% | -$79.3M |
|
144
Trane Technologies
TT
$106B
| $121M | 0.17% |
1,353,732
+690,341
| +104% | +$60.8M |
|
145
Vanguard Real Estate ETF
VNQ
$39.9B
| $121M | 0.17% |
1,454,625
+28,000
| +2% | +$2.35M |
|
146
PUT
Goldman Sachs
GS
$313B
| $120M | 0.17% |
472,900
+59,600
| +14% | +$14.6M |
|
|
ETFC
147
DELISTED
E*Trade Financial Corporation
ETFC
| $119M | 0.16% |
2,396,293
+637,203
| +36% | +$29.2M |
|
|
KSU
148
DELISTED
Kansas City Southern
KSU
| $118M | 0.16% |
1,124,469
+260,972
| +30% | +$27.8M |
|
149
Eli Lilly
LLY
$1.07T
| $118M | 0.16% |
1,395,899
-43,448
| -3% | -$3.7M |
|
150
Healthpeak Properties
DOC
$15.4B
| $118M | 0.16% |
4,505,475
+2,018,393
| +81% | +$53.5M |
|
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.