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 | |
|---|---|---|---|---|---|---|
2801
PUT
Huntsman Corp
HUN
$2.24B
| $633K | ﹤0.01% |
19,000
+7,900
| +71% | +$242K |
|
2802
Monro
MNRO
$525M
| $632K | ﹤0.01% |
+11,096
| New | +$578K |
|
|
FLG
2803
Flagstar Bank National Association
FLG
$5.77B
| $631K | ﹤0.01% |
16,152
-121,635
| -88% | -$4.71M |
|
|
WIRE
2804
DELISTED
Encore Wire Corp
WIRE
| $630K | ﹤0.01% |
12,952
+3,650
| +39% | +$169K |
|
|
SNR
2805
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $630K | ﹤0.01% |
+83,299
| New | +$695K |
|
2806
PUT
Ares Capital
ARCC
$13.5B
| $629K | ﹤0.01% |
40,000
-40,000
| -50% | -$650K |
|
|
REN
2807
CALL
DELISTED
Resolute Energy Corporaton
REN
| $629K | ﹤0.01% |
20,000
| – | – |
|
|
ACH
2808
CALL
Accendra Health
ACH
$240M
| $625K | ﹤0.01% |
+33,100
| New | +$734K |
|
2809
CorVel
CRVL
$3.05B
| $623K | ﹤0.01% |
35,310
+19,839
| +128% | +$374K |
|
|
RRD
2810
PUT
DELISTED
RR Donnelley & Sons Co.
RRD
| $621K | ﹤0.01% |
66,800
-92,800
| -58% | -$847K |
|
2811
Kelly Services Class A
KELYA
$526M
| $619K | ﹤0.01% |
22,687
-13,198
| -37% | -$364K |
|
2812
Builders FirstSource
BLDR
$7.84B
| $618K | ﹤0.01% |
28,382
-17,943
| -39% | -$340K |
|
2813
Morningstar
MORN
$6.56B
| $618K | ﹤0.01% |
6,376
-900
| -12% | -$81K |
|
|
SVU
2814
PUT
DELISTED
SUPERVALU Inc.
SVU
| $616K | ﹤0.01% |
28,500
+17,200
| +152% | +$314K |
|
2815
New Mountain Finance
NMFC
$646M
| $614K | ﹤0.01% |
45,305
+29,637
| +189% | +$418K |
|
2816
Box
BOX
$4.02B
| $612K | ﹤0.01% |
28,963
+6,771
| +31% | +$143K |
|
2817
PUT
Baker Hughes
BKR
$56.8B
| $611K | ﹤0.01% |
19,300
| – | – |
|
2818
Hawkins
HWKN
$2.91B
| $610K | ﹤0.01% |
34,636
+6,774
| +24% | +$130K |
|
2819
STAAR Surgical
STAA
$1.16B
| $610K | ﹤0.01% |
39,343
+15,933
| +68% | +$237K |
|
2820
Curis
CRIS
$9.53M
| $609K | ﹤0.01% |
435
+15
| +4% | +$35.3K |
|
2821
General Dynamics
GD
$105B
| $608K | ﹤0.01% |
2,986
| – | – |
|
|
PDS
2822
Precision Drilling
PDS
$1.09B
| $608K | ﹤0.01% |
10,036
+3,335
| +50% | +$183K |
|
2823
SouthState Bank Corp
SSB
$10.3B
| $607K | ﹤0.01% |
6,965
-9,548
| -58% | -$857K |
|
|
HAPN
2824
Happen Inc
HAPN
$2.08B
| $606K | ﹤0.01% |
+29,360
| New | +$730K |
|
2825
Myers Industries
MYE
$1.18B
| $606K | ﹤0.01% |
31,058
+11,349
| +58% | +$238K |
|
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.