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 | |
|---|---|---|---|---|---|---|
1601
PUT
Royal Gold
RGLD
$16.6B
| $4.12M | 0.01% |
48,100
+1,400
| +3% | +$108K |
|
1602
First Citizens BancShares
FCNCA
$24.7B
| $4.11M | 0.01% |
10,889
-1,841
| -14% | -$773K |
|
|
CKH
1603
DELISTED
Seacor Holdings Inc.
CKH
| $4.1M | 0.01% |
110,862
+22,468
| +25% | +$992K |
|
1604
Mueller Industries
MLI
$14.5B
| $4.1M | 0.01% |
701,872
+312,956
| +80% | +$1.94M |
|
|
SLCA
1605
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $4.1M | 0.01% |
402,600
+48,600
| +14% | +$709K |
|
1606
CALL
Moody's
MCO
$83.7B
| $4.08M | 0.01% |
29,100
-16,900
| -37% | -$2.55M |
|
|
SG
1607
DELISTED
Sirius International Insurance Group, Ltd. Common Share
SG
| $4.05M | 0.01% |
+304,427
| New | +$4.64M |
|
1608
International Bancshares
IBOC
$4.77B
| $4.05M | 0.01% |
117,660
+96,670
| +461% | +$3.72M |
|
1609
CALL
State Street
STT
$48.4B
| $4.04M | 0.01% |
64,100
+42,700
| +200% | +$3.06M |
|
1610
Nomura Holdings
NMR
$28.3B
| $4.04M | 0.01% |
1,085,946
+119,471
| +12% | +$536K |
|
|
NUVA
1611
DELISTED
NuVasive, Inc.
NUVA
| $4.03M | 0.01% |
81,210
+48,088
| +145% | +$2.89M |
|
1612
PUT
HF Sinclair
DINO
$16.2B
| $4.01M | 0.01% |
78,500
-4,700
| -6% | -$288K |
|
|
CLVS
1613
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.99M | 0.01% |
222,400
| – | – |
|
1614
CALL
TAL Education Group
TAL
$6.04B
| $3.99M | 0.01% |
149,600
+39,900
| +36% | +$1.06M |
|
1615
CALL
DXC Technology
DXC
$1.91B
| $3.99M | 0.01% |
75,000
+55,000
| +275% | +$3.8M |
|
1616
Graham Holdings Company
GHC
$5.31B
| $3.99M | 0.01% |
6,226
+311
| +5% | +$192K |
|
1617
Carter's
CRI
$1.43B
| $3.98M | 0.01% |
48,824
-67,868
| -58% | -$6.17M |
|
1618
MBIA
MBI
$275M
| $3.98M | 0.01% |
446,676
+96,389
| +28% | +$918K |
|
1619
Terreno Realty
TRNO
$7.58B
| $3.98M | 0.01% |
113,208
-2,349
| -2% | -$87.7K |
|
1620
Independent Bank Corp
IBCP
$796M
| $3.98M | 0.01% |
189,272
+39,163
| +26% | +$882K |
|
1621
Manchester United
MANU
$4.03B
| $3.98M | 0.01% |
209,488
+5,559
| +3% | +$112K |
|
1622
PUT
AeroVironment
AVAV
$7.19B
| $3.98M | 0.01% |
+58,500
| New | +$5.12M |
|
1623
CALL
Check Point Software Technologies
CHKP
$14.3B
| $3.97M | 0.01% |
38,700
| – | – |
|
1624
Mistras Group
MG
$477M
| $3.96M | 0.01% |
275,699
+23,176
| +9% | +$407K |
|
1625
Rayonier
RYN
$6.67B
| $3.95M | 0.01% |
157,275
+102,703
| +188% | +$2.85M |
|
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.