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 | |
|---|---|---|---|---|---|---|
|
AEL
1876
DELISTED
American Equity Investment Life Holding Company
AEL
| $2.71M | ﹤0.01% |
96,937
-102,836
| -51% | -$3.3M |
|
1877
Erie Indemnity
ERIE
$13B
| $2.7M | ﹤0.01% |
20,237
| – | – |
|
|
CHK
1878
DELISTED
Chesapeake Energy Corporation
CHK
| $2.69M | ﹤0.01% |
6,404
+4,513
| +239% | +$3.11M |
|
1879
Alnylam Pharmaceuticals
ALNY
$38.3B
| $2.68M | ﹤0.01% |
36,818
+28,080
| +321% | +$2.16M |
|
|
DSPG
1880
DELISTED
DSP Group Inc
DSPG
| $2.68M | ﹤0.01% |
239,077
+33,369
| +16% | +$390K |
|
1881
Koppers
KOP
$946M
| $2.67M | ﹤0.01% |
156,992
-93,857
| -37% | -$2.21M |
|
1882
CALL
FMC
FMC
$1.25B
| $2.66M | ﹤0.01% |
41,508
| – | – |
|
|
COHR
1883
DELISTED
Coherent Inc
COHR
| $2.66M | ﹤0.01% |
+25,159
| New | +$3.23M |
|
1884
Aurinia Pharmaceuticals
AUPH
$1.95B
| $2.65M | ﹤0.01% |
388,811
+124,940
| +47% | +$720K |
|
1885
Energizer
ENR
$1.47B
| $2.65M | ﹤0.01% |
58,653
-129,176
| -69% | -$6.86M |
|
1886
PUT
Winnebago Industries
WGO
$900M
| $2.65M | ﹤0.01% |
109,300
+84,300
| +337% | +$2.23M |
|
1887
Fortuna Silver Mines
FSM
$2.54B
| $2.64M | ﹤0.01% |
719,599
+13,800
| +2% | +$50.9K |
|
1888
TETRA Technologies
TTI
$1.08B
| $2.63M | ﹤0.01% |
1,567,855
+280,398
| +22% | +$778K |
|
|
BZUN
1889
PUT
Baozun
BZUN
$179M
| $2.63M | ﹤0.01% |
90,100
-45,000
| -33% | -$1.66M |
|
1890
Banco Santander Chile
BSAC
$16.1B
| $2.63M | ﹤0.01% |
87,945
+75,779
| +623% | +$2.31M |
|
|
DFRG
1891
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.62M | ﹤0.01% |
366,774
+28,559
| +8% | +$202K |
|
|
GPMT
1892
Granite Point Mortgage Trust
GPMT
$63.7M
| $2.61M | ﹤0.01% |
144,946
+111,933
| +339% | +$2.08M |
|
|
TTSH
1893
DELISTED
Tile Shop Holdings
TTSH
| $2.6M | ﹤0.01% |
473,675
+84,317
| +22% | +$516K |
|
1894
Zillow
Z
$7.78B
| $2.59M | ﹤0.01% |
+82,156
| New | +$2.92M |
|
1895
Aflac
AFL
$65.5B
| $2.59M | ﹤0.01% |
56,835
+27,842
| +96% | +$1.24M |
|
1896
PUT
Ameriprise Financial
AMP
$47.8B
| $2.59M | ﹤0.01% |
+24,800
| New | +$3.11M |
|
1897
Babcock & Wilcox
BW
$1.18B
| $2.59M | ﹤0.01% |
662,522
-73,375
| -10% | -$653K |
|
|
MLNX
1898
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $2.59M | ﹤0.01% |
+28,000
| New | +$2.38M |
|
1899
CALL
Idexx Laboratories
IDXX
$44.9B
| $2.59M | ﹤0.01% |
13,900
| – | – |
|
1900
Ubiquiti
UI
$31.6B
| $2.58M | ﹤0.01% |
+25,974
| New | +$2.57M |
|
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.