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 | |
|---|---|---|---|---|---|---|
|
VXX
201
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $88.8M | 0.12% |
+3,178,870
| New | +$105M |
|
202
Honeywell
HON
$77.1B
| $88.6M | 0.12% |
639,882
+428,710
| +203% | +$57.5M |
|
|
QEP
203
DELISTED
QEP RESOURCES, INC.
QEP
| $88M | 0.12% |
9,198,905
+845,566
| +10% | +$7.66M |
|
204
IQVIA
IQV
$34.7B
| $88M | 0.12% |
899,004
+496,559
| +123% | +$50.6M |
|
205
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $87.8M | 0.12% |
1,911,429
+34,300
| +2% | +$1.53M |
|
|
SPLK
206
DELISTED
Splunk Inc
SPLK
| $87M | 0.12% |
1,049,748
+677,392
| +182% | +$49.7M |
|
207
Fidelity National Financial
FNF
$13.9B
| $86.5M | 0.12% |
2,293,786
-472,950
| -17% | -$17.2M |
|
|
SEE
208
DELISTED
Sealed Air
SEE
| $86.5M | 0.12% |
1,753,724
-311,768
| -15% | -$14.3M |
|
209
CALL
Goldman Sachs
GS
$313B
| $86M | 0.12% |
337,400
+19,100
| +6% | +$4.68M |
|
210
CALL
NVIDIA
NVDA
$5.01T
| $84.4M | 0.12% |
17,456,000
-288,000
| -2% | -$1.43M |
|
211
CALL
ExxonMobil
XOM
$651B
| $83.6M | 0.12% |
1,000,000
-392,000
| -28% | -$32.4M |
|
|
MSCC
212
DELISTED
Microsemi Corp
MSCC
| $83M | 0.11% |
1,606,787
+257,753
| +19% | +$13.5M |
|
213
Devon Energy
DVN
$51.9B
| $82.8M | 0.11% |
1,999,249
-468,735
| -19% | -$17.7M |
|
214
PUT
Intel
INTC
$466B
| $81.5M | 0.11% |
1,765,100
+1,612,600
| +1,057% | +$70.4M |
|
215
Moody's
MCO
$81.7B
| $81.1M | 0.11% |
549,446
-53,232
| -9% | -$7.8M |
|
216
SBA Communications
SBAC
$18.4B
| $81.1M | 0.11% |
496,382
-11,444
| -2% | -$1.82M |
|
217
Citizens Financial Group
CFG
$30.4B
| $81.1M | 0.11% |
1,930,864
-183,667
| -9% | -$7.18M |
|
|
218
CALL
Apple
AAPL
$4.89T
| $80.9M | 0.11% |
1,912,800
+701,200
| +58% | +$29.3M |
|
219
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $80.6M | 0.11% |
1,417,228
+27,000
| +2% | +$1.51M |
|
220
Micron Technology
MU
$1.04T
| $80.2M | 0.11% |
1,950,076
-3,678,092
| -65% | -$158M |
|
221
Graphic Packaging
GPK
$3.26B
| $79.7M | 0.11% |
5,161,589
-734,799
| -12% | -$11.1M |
|
222
Waste Management
WM
$95.9B
| $79.5M | 0.11% |
920,826
-131,948
| -13% | -$10.7M |
|
223
PUT
Johnson & Johnson
JNJ
$635B
| $79.4M | 0.11% |
568,300
-70,500
| -11% | -$9.82M |
|
|
CELG
224
DELISTED
Celgene Corp
CELG
| $78.9M | 0.11% |
756,471
-908,679
| -55% | -$103M |
|
225
PUT
PayPal
PYPL
$49.5B
| $78.2M | 0.11% |
1,061,700
+551,700
| +108% | +$39.9M |
|
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.