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 |
Apple
AAPL
|
+$483M |
| 2 |
Biogen
BIIB
|
+$429M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$397M |
| 4 |
LNKD
LinkedIn Corporation
LNKD
|
+$247M |
| 5 |
Union Pacific
UNP
|
+$242M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$632M |
| 2 |
Marathon Petroleum
MPC
|
+$474M |
| 3 |
Meta Platforms (Facebook)
META
|
+$469M |
| 4 |
DuPont de Nemours
DD
|
+$444M |
| 5 |
Phillips 66
PSX
|
+$444M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.1% |
| 2 | Communication Services | 8.89% |
| 3 | Technology | 8.48% |
| 4 | Energy | 7.71% |
| 5 | Financials | 7.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARII
3001
DELISTED
American Railcar Industries, Inc.
ARII
| $551K | ﹤0.01% |
+11,904
| New | +$593K |
|
|
P
3002
Everpure Inc
P
$24.8B
| $548K | ﹤0.01% |
+35,223
| New | +$598K |
|
|
KDNY
3003
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $547K | ﹤0.01% |
+3,890
| New | +$528K |
|
3004
Kodak
KODK
$806M
| $546K | ﹤0.01% |
43,561
+29,422
| +208% | +$406K |
|
|
TEN
3005
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $546K | ﹤0.01% |
+11,900
| New | +$604K |
|
|
BKMU
3006
DELISTED
Bank Mutual Corp
BKMU
| $546K | ﹤0.01% |
69,987
+30,867
| +79% | +$232K |
|
|
MTSC
3007
DELISTED
MTS Systems Corp
MTSC
| $546K | ﹤0.01% |
8,604
-10,892
| -56% | -$689K |
|
|
AEGN
3008
DELISTED
Aegion Corp
AEGN
| $545K | ﹤0.01% |
28,202
+16,721
| +146% | +$332K |
|
|
ALOG
3009
DELISTED
Analogic Corp
ALOG
| $545K | ﹤0.01% |
6,603
-499
| -7% | -$42.5K |
|
|
RICE
3010
PUT
DELISTED
Rice Energy Inc.
RICE
| $545K | ﹤0.01% |
+50,000
| New | +$690K |
|
3011
CALL
Universal Display
OLED
$3.71B
| $544K | ﹤0.01% |
10,000
| – | – |
|
|
3012
PUT
Universal Display
OLED
$3.71B
| $544K | ﹤0.01% |
+10,000
| New | +$441K |
|
|
PINC
3013
DELISTED
Premier
PINC
| $544K | ﹤0.01% |
15,410
-605
| -4% | -$21.1K |
|
3014
Shenandoah Telecom
SHEN
$632M
| $544K | ﹤0.01% |
25,282
+12,614
| +100% | +$291K |
|
|
EPAY
3015
DELISTED
Bottomline Technologies Inc
EPAY
| $544K | ﹤0.01% |
18,300
-26,785
| -59% | -$757K |
|
|
AXAS
3016
DELISTED
Abraxas Petroleum Corp
AXAS
| $544K | ﹤0.01% |
25,636
+4,872
| +23% | +$134K |
|
|
LVLT
3017
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $544K | ﹤0.01% |
10,000
| – | – |
|
3018
Integer Holdings
ITGR
$3.35B
| $540K | ﹤0.01% |
11,294
-6,125
| -35% | -$306K |
|
3019
Scotiabank
BNS
$106B
| $538K | ﹤0.01% |
13,593
-16,098
| -54% | -$695K |
|
3020
Ciena
CIEN
$55.3B
| $537K | ﹤0.01% |
25,970
-69,511
| -73% | -$1.6M |
|
3021
PUT
Tenet Healthcare
THC
$20.1B
| $536K | ﹤0.01% |
17,700
+10,500
| +146% | +$344K |
|
3022
PTC Therapeutics
PTCT
$6.37B
| $534K | ﹤0.01% |
16,492
-37,593
| -70% | -$1.11M |
|
3023
CALL
Waste Management
WM
$95.9B
| $534K | ﹤0.01% |
10,000
| – | – |
|
|
PDCE
3024
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $534K | ﹤0.01% |
+10,000
| New | +$575K |
|
3025
Greif
GEF
$4.47B
| $533K | ﹤0.01% |
17,290
-63,511
| -79% | -$2.1M |
|
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D.E. Shaw & Co's Q4 2015 Portfolio in Review
As of Q4 2015, D.E. Shaw & Co held 4,165 positions worth $67.2B, down 1.1% from $67.9B the previous quarter. Its ten largest holdings account for 8.8% of the portfolio.
D.E. Shaw & Co withdrew a net $4.09B in Q4 2015, closing 409 positions and reducing 1,417 holdings. Its most notable exit was Altera Corp, an estimated $236M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 11% a quarter earlier, followed by Communication Services and Technology.
Against the trend, D.E. Shaw & Co opened a new position in Alphabet (Google) Class A worth $417M.
- D.E. Shaw & Co's largest Q4 2015 buy was Alphabet (Google) Class A: 10,723,880 shares worth $417M.
- D.E. Shaw & Co added most to Apple in Q4 2015, an estimated $483M increase.
- D.E. Shaw & Co's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $632M.
- D.E. Shaw & Co fully exited Altera Corp in Q4 2015, selling an estimated $236M.
- D.E. Shaw & Co's ten largest holdings make up 8.8% of its $67.2B portfolio in Q4 2015.
- D.E. Shaw & Co opened 463 new positions and closed 409 in Q4 2015.
- D.E. Shaw & Co's portfolio value fell 1.1% quarter-over-quarter to $67.2B.
Based on D.E. Shaw & Co's 13F filing for Q4 2015, filed 16 Feb 2016.