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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$446M |
| 2 |
SLB Ltd
SLB
|
+$276M |
| 3 |
Apple
AAPL
|
+$267M |
| 4 |
Johnson & Johnson
JNJ
|
+$244M |
| 5 |
TJX Companies
TJX
|
+$216M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$304M |
| 2 |
Amazon
AMZN
|
+$289M |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$274M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$204M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$196M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.17% |
| 2 | Healthcare | 10.73% |
| 3 | Financials | 9.55% |
| 4 | Consumer Discretionary | 9.16% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKHU
276
DELISTED
Black Hills Corporation
BKHU
| $50.7M | 0.09% |
691,977
+366,977
| +113% | +$25.7M |
|
277
Kraft Heinz
KHC
$30.4B
| $50.7M | 0.09% |
558,020
-397,767
| -42% | -$35.9M |
|
278
Navient
NAVI
$774M
| $50.6M | 0.09% |
3,426,077
-801,717
| -19% | -$12.3M |
|
279
American Airlines Group
AAL
$9.58B
| $50.5M | 0.09% |
1,194,113
+449,506
| +60% | +$20.3M |
|
280
Ashland
ASH
$3.04B
| $50.5M | 0.09% |
833,615
+505,371
| +154% | +$29.3M |
|
281
Charles River Laboratories
CRL
$10.9B
| $50.4M | 0.09% |
560,791
-106,507
| -16% | -$9.05M |
|
282
Viatris
VTRS
$20.1B
| $50.4M | 0.09% |
1,293,237
+248,320
| +24% | +$10M |
|
283
PUT
AT&T
T
$165B
| $50.1M | 0.09% |
1,595,950
-1,128,577
| -41% | -$35.5M |
|
284
W.W. Grainger
GWW
$65.3B
| $50M | 0.09% |
214,686
+115,576
| +117% | +$28.5M |
|
285
Allegion
ALLE
$13B
| $49.7M | 0.09% |
656,229
+84,747
| +15% | +$5.98M |
|
286
PG&E
PCG
$47.8B
| $49.4M | 0.09% |
744,065
-463,907
| -38% | -$29.6M |
|
287
Teva Pharmaceuticals
TEVA
$35.9B
| $49.2M | 0.09% |
1,533,635
-858,414
| -36% | -$29.3M |
|
288
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $49M | 0.09% |
1,232,831
+140,031
| +13% | +$5.4M |
|
289
NVIDIA
NVDA
$5.01T
| $48.8M | 0.09% |
17,936,520
+1,465,000
| +9% | +$3.9M |
|
290
Lowe's Companies
LOW
$116B
| $48.7M | 0.09% |
592,842
-819,605
| -58% | -$62.7M |
|
291
XPO
XPO
$25B
| $48.3M | 0.08% |
2,914,580
+696,158
| +31% | +$11.4M |
|
292
H&R Block
HRB
$5.18B
| $47.6M | 0.08% |
2,048,350
+1,911,955
| +1,402% | +$42.8M |
|
293
Keurig Dr Pepper
KDP
$40.4B
| $46.9M | 0.08% |
479,349
-215,752
| -31% | -$20.1M |
|
|
294
Bristol-Myers Squibb
BMY
$127B
| $46.4M | 0.08% |
853,810
-3,573,354
| -81% | -$196M |
|
295
PUT
AutoZone
AZO
$48.3B
| $46.1M | 0.08% |
63,700
+37,800
| +146% | +$28M |
|
296
Snap
SNAP
$7.32B
| $45.9M | 0.08% |
+2,037,359
| New | +$45.2M |
|
297
Armstrong World Industries
AWI
$6.86B
| $45.8M | 0.08% |
995,573
+97,085
| +11% | +$4.11M |
|
|
MRC
298
DELISTED
MRC Global
MRC
| $45.7M | 0.08% |
2,491,082
-128,125
| -5% | -$2.54M |
|
299
Aflac
AFL
$63.9B
| $45.4M | 0.08% |
1,252,676
-36,464
| -3% | -$1.29M |
|
|
300
PUT
Teva Pharmaceuticals
TEVA
$35.9B
| $45.2M | 0.08% |
1,408,400
+674,900
| +92% | +$23M |
|
Similar funds
D.E. Shaw & Co's Q1 2017 Portfolio in Review
As of Q1 2017, D.E. Shaw & Co held 3,844 positions worth $56.9B, down 3.4% from $58.9B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
D.E. Shaw & Co withdrew a net $5.64B in Q1 2017, closing 599 positions and reducing 1,534 holdings. Its most notable exit was Dick's Sporting Goods, an estimated $62.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 11% a quarter earlier, followed by Healthcare and Financials.
Against the trend, D.E. Shaw & Co opened a new position in C&J Energy Services, Inc. worth $131M.
- D.E. Shaw & Co's largest Q1 2017 buy was C&J Energy Services, Inc.: 3,857,413 shares worth $131M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $446M increase.
- D.E. Shaw & Co's biggest Q1 2017 reduction was Walt Disney, cutting an estimated $304M.
- D.E. Shaw & Co fully exited Dick's Sporting Goods in Q1 2017, selling an estimated $62.3M.
- D.E. Shaw & Co's ten largest holdings make up 9.7% of its $56.9B portfolio in Q1 2017.
- D.E. Shaw & Co opened 437 new positions and closed 599 in Q1 2017.
- D.E. Shaw & Co's portfolio value fell 3.4% quarter-over-quarter to $56.9B.
Based on D.E. Shaw & Co's 13F filing for Q1 2017, filed 15 May 2017.