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 | |
|---|---|---|---|---|---|---|
2626
Crane NXT
CXT
$3.04B
| $860K | ﹤0.01% |
27,748
-62,589
| -69% | -$1.83M |
|
2627
State Street Materials Select Sector SPDR ETF
XLB
$8.51B
| $859K | ﹤0.01% |
+28,382
| New | +$835K |
|
|
NVTA
2628
DELISTED
Invitae Corporation
NVTA
| $858K | ﹤0.01% |
94,534
-65,059
| -41% | -$583K |
|
2629
CALL
EastGroup Properties
EGP
$11.5B
| $857K | ﹤0.01% |
9,700
+1,600
| +20% | +$146K |
|
|
MNK
2630
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $857K | ﹤0.01% |
38,000
-28,600
| -43% | -$767K |
|
2631
Culp Inc
CULP
$45M
| $855K | ﹤0.01% |
25,511
-1,646
| -6% | -$51.8K |
|
2632
Heritage Financial
HFWA
$1.24B
| $855K | ﹤0.01% |
27,759
-10,430
| -27% | -$321K |
|
2633
Expedia Group
EXPE
$31.2B
| $854K | ﹤0.01% |
7,131
-29,148
| -80% | -$3.78M |
|
2634
Mizuho Financial
MFG
$129B
| $854K | ﹤0.01% |
234,695
-12,968
| -5% | -$46.8K |
|
2635
PUT
DNOW Inc
DNOW
$2.63B
| $853K | ﹤0.01% |
+77,300
| New | +$883K |
|
|
SJR
2636
DELISTED
Shaw Communications Inc.
SJR
| $853K | ﹤0.01% |
37,350
+23,850
| +177% | +$538K |
|
|
CYOU
2637
PUT
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $852K | ﹤0.01% |
23,400
-20,000
| -46% | -$756K |
|
2638
Oaktree Specialty Lending
OCSL
$1.03B
| $851K | ﹤0.01% |
58,017
+53,127
| +1,086% | +$851K |
|
|
HA
2639
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $849K | ﹤0.01% |
21,300
+11,800
| +124% | +$454K |
|
2640
Brown-Forman Class B
BF.B
$12B
| $842K | ﹤0.01% |
19,153
-128,288
| -87% | -$4.89M |
|
|
INST
2641
DELISTED
Instructure, Inc.
INST
| $841K | ﹤0.01% |
25,413
+17,144
| +207% | +$584K |
|
2642
PUT
National Beverage
FIZZ
$2.87B
| $838K | ﹤0.01% |
17,200
-47,400
| -73% | -$2.43M |
|
|
CAVM
2643
CALL
DELISTED
Cavium, Inc.
CAVM
| $838K | ﹤0.01% |
+10,000
| New | +$774K |
|
2644
Ichor Holdings
ICHR
$3.02B
| $837K | ﹤0.01% |
+34,016
| New | +$964K |
|
2645
HNI Corp
HNI
$3B
| $836K | ﹤0.01% |
21,679
-16,665
| -43% | -$610K |
|
2646
Henry Schein
HSIC
$9.74B
| $836K | ﹤0.01% |
15,252
-109,138
| -88% | -$6.33M |
|
2647
Travelers Companies
TRV
$80.8B
| $836K | ﹤0.01% |
6,161
+856
| +16% | +$113K |
|
2648
Ameris Bancorp
ABCB
$5.89B
| $835K | ﹤0.01% |
17,323
-16,268
| -48% | -$787K |
|
2649
Geospace Technologies
GEOS
$91.6M
| $834K | ﹤0.01% |
64,273
-1,037
| -2% | -$16K |
|
|
SEM
2650
DELISTED
Select Medical
SEM
| $833K | ﹤0.01% |
87,644
+54,073
| +161% | +$517K |
|
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.