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 | |
|---|---|---|---|---|---|---|
2001
PUT
Teradata
TDC
$2.88B
| $2.64M | ﹤0.01% |
63,000
+10,000
| +19% | +$430K |
|
|
EXPR
2002
DELISTED
Express, Inc.
EXPR
| $2.64M | ﹤0.01% |
8,447
+6,978
| +475% | +$2.22M |
|
|
ESL
2003
CALL
DELISTED
Esterline Technologies
ESL
| $2.64M | ﹤0.01% |
23,700
-100
| -0.4% | -$11.4K |
|
2004
PUT
Lear
LEA
$7.39B
| $2.64M | ﹤0.01% |
30,500
+20,500
| +205% | +$1.98M |
|
2005
Ribbon Communications
RBBN
$386M
| $2.64M | ﹤0.01% |
154,161
-66,246
| -30% | -$1.26M |
|
2006
Lincoln National
LNC
$7.92B
| $2.63M | ﹤0.01% |
+49,145
| New | +$2.61M |
|
2007
PUT
Martin Marietta Materials
MLM
$34.2B
| $2.63M | ﹤0.01% |
20,400
-21,300
| -51% | -$2.75M |
|
2008
Ecopetrol
EC
$33.7B
| $2.63M | ﹤0.01% |
84,088
-28,089
| -25% | -$960K |
|
|
PACW
2009
DELISTED
PacWest Bancorp
PACW
| $2.63M | ﹤0.01% |
63,696
-124,812
| -66% | -$5.23M |
|
2010
Chubb
CB
$140B
| $2.62M | ﹤0.01% |
24,991
-47,878
| -66% | -$4.99M |
|
|
PMT
2011
PennyMac Mortgage Investment
PMT
$845M
| $2.62M | ﹤0.01% |
+122,292
| New | +$2.67M |
|
2012
CALL
Lithia Motors
LAD
$9.75B
| $2.62M | ﹤0.01% |
34,600
-25,700
| -43% | -$2.27M |
|
2013
PUT
Weyerhaeuser
WY
$17.6B
| $2.61M | ﹤0.01% |
82,000
| – | – |
|
|
TFCFA
2014
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $2.6M | ﹤0.01% |
75,800
| – | – |
|
2015
PUT
Century Aluminum
CENX
$4.22B
| $2.6M | ﹤0.01% |
100,000
+38,500
| +63% | +$848K |
|
|
DTV
2016
PUT
DELISTED
DIRECTV COM STK (DE)
DTV
| $2.6M | ﹤0.01% |
30,000
-24,400
| -45% | -$2.1M |
|
|
2017
CALL
Lear
LEA
$7.39B
| $2.59M | ﹤0.01% |
30,000
+18,500
| +161% | +$1.79M |
|
2018
Universal Electronics
UEIC
$59.2M
| $2.59M | ﹤0.01% |
52,450
+41,510
| +379% | +$2.14M |
|
2019
Griffon
GFF
$4.02B
| $2.59M | ﹤0.01% |
227,163
+21,478
| +10% | +$253K |
|
2020
Old National Bancorp
ONB
$10.2B
| $2.59M | ﹤0.01% |
199,484
+162,316
| +437% | +$2.19M |
|
2021
PhenixFIN
PFX
$83.1M
| $2.58M | ﹤0.01% |
+10,937
| New | +$2.8M |
|
|
ENDP
2022
CALL
DELISTED
Endo International plc
ENDP
| $2.58M | ﹤0.01% |
37,800
| – | – |
|
2023
Cinemark Holdings
CNK
$4.07B
| $2.58M | ﹤0.01% |
75,838
-15,956
| -17% | -$554K |
|
|
2024
CALL
Martin Marietta Materials
MLM
$34.2B
| $2.58M | ﹤0.01% |
20,000
-18,300
| -48% | -$2.36M |
|
|
TIVO
2025
DELISTED
Tivo Inc
TIVO
| $2.58M | ﹤0.01% |
130,494
+47,365
| +57% | +$1.07M |
|
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.