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 |
Liberty Media Series C
FWONK
|
+$430M |
| 2 |
Alibaba
BABA
|
+$364M |
| 3 |
HP
HPQ
|
+$298M |
| 4 |
Pfizer
PFE
|
+$258M |
| 5 |
Booking.com
BKNG
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FRX
FOREST LABORATORIES INC
FRX
|
+$602M |
| 2 |
Liberty Media Series A
FWONA
|
+$321M |
| 3 |
AbbVie
ABBV
|
+$312M |
| 4 |
GE Aerospace
GE
|
+$233M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$183M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.89% |
| 2 | Consumer Discretionary | 8.28% |
| 3 | Energy | 7.75% |
| 4 | Healthcare | 6.77% |
| 5 | Communication Services | 6.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INWK
1926
DELISTED
InnerWorkings, Inc.
INWK
| $2.88M | ﹤0.01% |
355,451
-9,147
| -3% | -$76.9K |
|
1927
PUT
Lithia Motors
LAD
$9.75B
| $2.87M | ﹤0.01% |
+37,900
| New | +$3.35M |
|
|
HA
1928
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $2.87M | ﹤0.01% |
213,100
-100,000
| -32% | -$1.44M |
|
|
ONIT
1929
CALL
Onity Group
ONIT
$342M
| $2.86M | ﹤0.01% |
7,293
+53
| +0.7% | +$23.9K |
|
1930
Ralph Lauren
RL
$22.4B
| $2.85M | ﹤0.01% |
17,331
-48,748
| -74% | -$8.03M |
|
|
BCR
1931
CALL
DELISTED
CR Bard Inc.
BCR
| $2.85M | ﹤0.01% |
20,000
-21,600
| -52% | -$3.19M |
|
|
WCC
1932
WESCO International
WCC
$15.1B
| $2.85M | ﹤0.01% |
36,456
-49,271
| -57% | -$4.08M |
|
1933
Mercer International
MERC
$40.5M
| $2.84M | ﹤0.01% |
291,692
+5,651
| +2% | +$58K |
|
1934
Cabot Corp
CBT
$4.72B
| $2.84M | ﹤0.01% |
+55,916
| New | +$3.07M |
|
1935
PUT
Trip.com Group
TCOM
$29B
| $2.84M | ﹤0.01% |
100,000
| – | – |
|
|
BID
1936
PUT
DELISTED
Sotheby's
BID
| $2.84M | ﹤0.01% |
79,400
| – | – |
|
|
LO
1937
PUT
DELISTED
LORILLARD INC COM STK
LO
| $2.83M | ﹤0.01% |
47,300
| – | – |
|
|
QIHU
1938
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $2.83M | ﹤0.01% |
41,983
-133,522
| -76% | -$11.9M |
|
1939
Gold Fields
GFI
$28.8B
| $2.83M | ﹤0.01% |
724,880
+508,913
| +236% | +$2.11M |
|
1940
Westamerica Bancorp
WABC
$1.39B
| $2.82M | ﹤0.01% |
+60,696
| New | +$2.96M |
|
1941
PUT
Veeva Systems
VEEV
$33.8B
| $2.82M | ﹤0.01% |
100,000
-100,000
| -50% | -$2.57M |
|
1942
Morningstar
MORN
$7.55B
| $2.82M | ﹤0.01% |
41,474
-4,424
| -10% | -$303K |
|
1943
PUT
Cognizant
CTSH
$25.2B
| $2.81M | ﹤0.01% |
62,700
-6,300
| -9% | -$296K |
|
1944
PUT
Celanese
CE
$4.82B
| $2.8M | ﹤0.01% |
47,900
+10,000
| +26% | +$616K |
|
1945
CALL
Aon
AON
$80.6B
| $2.8M | ﹤0.01% |
31,900
| – | – |
|
1946
EPAM Systems
EPAM
$5.58B
| $2.79M | ﹤0.01% |
63,804
-38,584
| -38% | -$1.53M |
|
1947
PUT
Truist Financial
TFC
$63.9B
| $2.79M | ﹤0.01% |
75,100
-8,800
| -10% | -$332K |
|
1948
CALL
H&R Block
HRB
$5.98B
| $2.79M | ﹤0.01% |
90,000
-45,000
| -33% | -$1.47M |
|
1949
CALL
Sysco
SYY
$40.8B
| $2.79M | ﹤0.01% |
73,500
| – | – |
|
|
BRSL
1950
PUT
Brightstar Lottery PLC
BRSL
$1.9B
| $2.79M | ﹤0.01% |
165,200
| – | – |
|
Similar funds
D.E. Shaw & Co's Q3 2014 Portfolio in Review
As of Q3 2014, D.E. Shaw & Co held 4,729 positions worth $77.2B, up 5.1% from $73.4B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co deployed $3.39B of net new capital in Q3 2014, opening 599 new positions and adding to 1,385 existing holdings. Its largest new stake was Liberty Media Series C: 16,804,239 shares worth $422M.
By sector, the portfolio is most concentrated in Technology at 8.9% of assets, up from 7.9% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Liberty Media Series A, an estimated $321M trimmed.
- D.E. Shaw & Co's largest Q3 2014 buy was Liberty Media Series C: 16,804,239 shares worth $422M.
- D.E. Shaw & Co added most to HP in Q3 2014, an estimated $298M increase.
- D.E. Shaw & Co's biggest Q3 2014 reduction was Liberty Media Series A, cutting an estimated $321M.
- D.E. Shaw & Co fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $602M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $77.2B portfolio in Q3 2014.
- D.E. Shaw & Co opened 599 new positions and closed 674 in Q3 2014.
- D.E. Shaw & Co's portfolio value rose 5.1% quarter-over-quarter to $77.2B.
Based on D.E. Shaw & Co's 13F filing for Q3 2014, filed 14 Nov 2014.