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 | |
|---|---|---|---|---|---|---|
|
TDAY
2976
USA Today Co
TDAY
$1.23B
| $459K | ﹤0.01% |
27,382
+3,190
| +13% | +$51.8K |
|
2977
PUT
Leidos
LDOS
$14.1B
| $458K | ﹤0.01% |
+7,100
| New | +$445K |
|
2978
Telephone and Data Systems
TDS
$3.91B
| $458K | ﹤0.01% |
16,462
+2,314
| +16% | +$63.5K |
|
|
TRTX
2979
TPG RE Finance Trust
TRTX
$666M
| $458K | ﹤0.01% |
+24,038
| New | +$468K |
|
2980
Kadant
KAI
$3.69B
| $456K | ﹤0.01% |
4,538
-10,993
| -71% | -$1.12M |
|
2981
Compañía de Cervecerías Unidas
CCU
$2.12B
| $455K | ﹤0.01% |
15,371
-44,465
| -74% | -$1.22M |
|
2982
Upbound Group
UPBD
$1.19B
| $455K | ﹤0.01% |
41,035
+23,283
| +131% | +$255K |
|
|
TRK
2983
DELISTED
Speedway Motorsports, Inc.
TRK
| $455K | ﹤0.01% |
24,096
-8,405
| -26% | -$171K |
|
2984
Clarus
CLAR
$125M
| $454K | ﹤0.01% |
58,113
-73,199
| -56% | -$549K |
|
2985
Heartland Express
HTLD
$1.11B
| $454K | ﹤0.01% |
19,431
-20,876
| -52% | -$471K |
|
2986
PUT
Mattel
MAT
$4.17B
| $454K | ﹤0.01% |
29,500
-500
| -2% | -$7.92K |
|
|
CPN
2987
PUT
DELISTED
Calpine Corporation
CPN
| $454K | ﹤0.01% |
30,000
| – | – |
|
2988
Ardelyx
ARDX
$1.24B
| $453K | ﹤0.01% |
68,687
-169,265
| -71% | -$1M |
|
2989
Fair Isaac
FICO
$28.7B
| $453K | ﹤0.01% |
2,959
-15,814
| -84% | -$2.39M |
|
|
UFS
2990
DELISTED
DOMTAR CORPORATION (New)
UFS
| $453K | ﹤0.01% |
+9,146
| New | +$425K |
|
2991
Trustmark
TRMK
$2.73B
| $452K | ﹤0.01% |
+14,196
| New | +$469K |
|
2992
PUT
IMAX
IMAX
$2.38B
| $451K | ﹤0.01% |
19,500
-161,200
| -89% | -$3.8M |
|
|
ANAT
2993
DELISTED
American National Group, Inc. Common Stock
ANAT
| $451K | ﹤0.01% |
3,520
| – | – |
|
2994
Arrow Electronics
ARW
$10.9B
| $450K | ﹤0.01% |
+5,600
| New | +$450K |
|
2995
Marriott Vacations Worldwide
VAC
$3.24B
| $450K | ﹤0.01% |
3,328
+320
| +11% | +$42.2K |
|
2996
Astec Industries
ASTE
$1.3B
| $448K | ﹤0.01% |
7,651
-55,997
| -88% | -$3M |
|
2997
PUT
LivaNova
LIVN
$4.3B
| $448K | ﹤0.01% |
+5,600
| New | +$445K |
|
2998
PUT
Ciena
CIEN
$55.3B
| $446K | ﹤0.01% |
+21,300
| New | +$451K |
|
2999
PUT
Cal-Maine
CALM
$4.28B
| $445K | ﹤0.01% |
+10,000
| New | +$446K |
|
|
HBI
3000
PUT
DELISTED
Hanesbrands
HBI
| $445K | ﹤0.01% |
+21,300
| New | +$455K |
|
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.