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 |
Apple
AAPL
|
+$402M |
| 2 |
Citigroup
C
|
+$323M |
| 3 |
FRX
FOREST LABORATORIES INC
FRX
|
+$296M |
| 4 |
Marathon Petroleum
MPC
|
+$287M |
| 5 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$276M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$460M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$349M |
| 3 |
Netflix
NFLX
|
+$331M |
| 4 |
EMC
EMC CORPORATION
EMC
|
+$209M |
| 5 |
Visa
V
|
+$193M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 8.28% |
| 2 | Technology | 7.86% |
| 3 | Consumer Discretionary | 7.78% |
| 4 | Communication Services | 7.32% |
| 5 | Healthcare | 7.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Akamai
AKAM
$16.3B
| $2.86M | ﹤0.01% |
46,900
-69,600
| -60% | -$3.87M |
|
2002
RH
RH
$3.36B
| $2.86M | ﹤0.01% |
30,690
+10,584
| +53% | +$741K |
|
2003
Patrick Industries
PATK
$2.91B
| $2.85M | ﹤0.01% |
206,742
-32,404
| -14% | -$389K |
|
2004
Hormel Foods
HRL
$14.1B
| $2.85M | ﹤0.01% |
115,466
-104,900
| -48% | -$2.54M |
|
2005
CALL
Travel + Leisure Co
TNL
$4.81B
| $2.85M | ﹤0.01% |
83,284
+22,150
| +36% | +$727K |
|
2006
PUT
Sociedad Química y Minera de Chile
SQM
$19.1B
| $2.85M | ﹤0.01% |
99,722
-60,182
| -38% | -$1.79M |
|
|
X
2007
PUT
DELISTED
US Steel
X
| $2.84M | ﹤0.01% |
109,200
-105,700
| -49% | -$2.7M |
|
|
UNT
2008
PUT
DELISTED
UNIT Corporation
UNT
| $2.84M | ﹤0.01% |
41,300
+24,800
| +150% | +$1.62M |
|
|
LNCO
2009
CALL
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $2.83M | ﹤0.01% |
90,500
+58,700
| +185% | +$1.66M |
|
2010
CALL
Stratasys
SSYS
$690M
| $2.82M | ﹤0.01% |
24,800
-15,200
| -38% | -$1.49M |
|
2011
CALL
Flotek Industries
FTK
$856M
| $2.82M | ﹤0.01% |
14,600
+1,667
| +13% | +$293K |
|
|
PVTB
2012
DELISTED
PrivateBancorp Inc
PVTB
| $2.81M | ﹤0.01% |
96,860
+72,083
| +291% | +$2.04M |
|
2013
CALL
Kohl's
KSS
$2.16B
| $2.81M | ﹤0.01% |
53,400
| – | – |
|
2014
CALL
Strategy Inc
MSTR
$35.1B
| $2.81M | ﹤0.01% |
200,000
| – | – |
|
2015
International Flavors & Fragrances
IFF
$20.2B
| $2.81M | ﹤0.01% |
26,906
+5,330
| +25% | +$524K |
|
|
MITL
2016
DELISTED
Mitel Networks Corporation
MITL
| $2.8M | ﹤0.01% |
265,998
+84,145
| +46% | +$862K |
|
2017
CALL
Teekay
TK
$981M
| $2.79M | ﹤0.01% |
44,900
| – | – |
|
2018
Autoliv
ALV
$9.09B
| $2.79M | ﹤0.01% |
+36,379
| New | +$2.72M |
|
2019
W.P. Carey
WPC
$16.8B
| $2.78M | ﹤0.01% |
+44,055
| New | +$2.69M |
|
|
ARIA
2020
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $2.78M | ﹤0.01% |
436,153
+76,547
| +21% | +$526K |
|
2021
CALL
JetBlue
JBLU
$2.23B
| $2.77M | ﹤0.01% |
+255,000
| New | +$2.36M |
|
2022
PUT
Constellation Brands
STZ
$22.5B
| $2.77M | ﹤0.01% |
31,400
+21,400
| +214% | +$1.77M |
|
|
NVO
2023
Novo Nordisk
NVO
$225B
| $2.76M | ﹤0.01% |
119,658
+86,858
| +265% | +$1.92M |
|
2024
PUT
SPX Corp
SPXC
$10.2B
| $2.76M | ﹤0.01% |
101,261
-93,318
| -48% | -$2.42M |
|
|
ORC
2025
Orchid Island Capital
ORC
$1.31B
| $2.76M | ﹤0.01% |
+42,231
| New | +$2.68M |
|
Similar funds
D.E. Shaw & Co's Q2 2014 Portfolio in Review
As of Q2 2014, D.E. Shaw & Co held 4,930 positions worth $73.4B, up 4.8% from $70.1B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q2 2014 filing shows 701 new, 1,499 increased, 1,475 reduced and 797 closed positions. Its largest new stake was Navient: 11,559,516 shares worth $205M. The largest sale was Meta Platforms (Facebook), an estimated $460M.
By sector, the portfolio is most concentrated in Energy at 8.3% of assets, up from 7% a quarter earlier, followed by Technology and Consumer Discretionary.
- D.E. Shaw & Co's largest Q2 2014 buy was Navient: 11,559,516 shares worth $205M.
- D.E. Shaw & Co added most to Apple in Q2 2014, an estimated $402M increase.
- D.E. Shaw & Co's biggest Q2 2014 reduction was Meta Platforms (Facebook), cutting an estimated $460M.
- D.E. Shaw & Co fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $129M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $73.4B portfolio in Q2 2014.
- D.E. Shaw & Co opened 701 new positions and closed 797 in Q2 2014.
- D.E. Shaw & Co's portfolio value rose 4.8% quarter-over-quarter to $73.4B.
Based on D.E. Shaw & Co's 13F filing for Q2 2014, filed 14 Aug 2014.