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 | |
|---|---|---|---|---|---|---|
1701
SSR Mining
SSRM
$5.27B
| $3.5M | ﹤0.01% |
398,496
-86,638
| -18% | -$799K |
|
1702
Central Pacific Financial
CPF
$1.02B
| $3.5M | ﹤0.01% |
117,221
+47,817
| +69% | +$1.49M |
|
|
MCHB
1703
Mechanics Bancorp
MCHB
$3.51B
| $3.49M | ﹤0.01% |
120,450
+70,853
| +143% | +$2.06M |
|
1704
Griffon
GFF
$4.29B
| $3.48M | ﹤0.01% |
170,915
+8,815
| +5% | +$193K |
|
1705
PUT
Helmerich & Payne
HP
$3.31B
| $3.48M | ﹤0.01% |
53,800
-36,200
| -40% | -$2.03M |
|
1706
CALL
Realty Income
O
$61.3B
| $3.48M | ﹤0.01% |
62,952
| – | – |
|
|
TTPH
1707
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.48M | ﹤0.01% |
27,582
-2,058
| -7% | -$264K |
|
1708
Houlihan Lokey
HLI
$10.2B
| $3.47M | ﹤0.01% |
76,442
+23,152
| +43% | +$991K |
|
|
TBHC
1709
DELISTED
The Brand House Collective
TBHC
| $3.46M | ﹤0.01% |
288,907
-31,518
| -10% | -$386K |
|
1710
Banner Corp
BANR
$2.4B
| $3.45M | ﹤0.01% |
62,585
+6,862
| +12% | +$398K |
|
1711
HDFC Bank
HDB
$121B
| $3.45M | ﹤0.01% |
135,748
-1,238,420
| -90% | -$29.7M |
|
|
ORC
1712
Orchid Island Capital
ORC
$1.31B
| $3.43M | ﹤0.01% |
+73,977
| New | +$3.64M |
|
|
NGHC
1713
DELISTED
National General Holdings Corp
NGHC
| $3.43M | ﹤0.01% |
174,583
+31,448
| +22% | +$644K |
|
|
CERN
1714
PUT
DELISTED
Cerner Corp
CERN
| $3.42M | ﹤0.01% |
50,800
| – | – |
|
1715
Aecom
ACM
$9.57B
| $3.42M | ﹤0.01% |
92,106
-11,763
| -11% | -$428K |
|
1716
PUT
United Rentals
URI
$67.9B
| $3.42M | ﹤0.01% |
19,900
-34,600
| -63% | -$5.27M |
|
1717
HealthStream
HSTM
$843M
| $3.42M | ﹤0.01% |
147,618
+87,211
| +144% | +$2.05M |
|
1718
PUT
Old Dominion Freight Line
ODFL
$47.1B
| $3.41M | ﹤0.01% |
+77,700
| New | +$3.12M |
|
1719
CALL
IDEX
IEX
$16.6B
| $3.4M | ﹤0.01% |
25,800
+12,400
| +93% | +$1.6M |
|
1720
PUT
LendingTree
TREE
$572M
| $3.4M | ﹤0.01% |
10,000
| – | – |
|
1721
PUT
Packaging Corp of America
PKG
$22.6B
| $3.4M | ﹤0.01% |
28,200
-3,000
| -10% | -$348K |
|
1722
Vodafone
VOD
$37.7B
| $3.4M | ﹤0.01% |
106,441
-1,099,345
| -91% | -$32.9M |
|
|
SCS
1723
DELISTED
Steelcase
SCS
| $3.39M | ﹤0.01% |
223,101
-179,092
| -45% | -$2.63M |
|
1724
FormFactor
FORM
$6.88B
| $3.39M | ﹤0.01% |
216,585
+34,791
| +19% | +$582K |
|
1725
Marcus Corp
MCS
$766M
| $3.38M | ﹤0.01% |
123,503
+20,787
| +20% | +$573K |
|
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.