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 | |
|---|---|---|---|---|---|---|
3026
Manulife Financial
MFC
$72.6B
| $425K | ﹤0.01% |
20,300
+1,000
| +5% | +$20.8K |
|
3027
OceanFirst Financial
OCFC
$1.7B
| $424K | ﹤0.01% |
16,142
-11,866
| -42% | -$323K |
|
|
BKMU
3028
DELISTED
Bank Mutual Corp
BKMU
| $424K | ﹤0.01% |
39,859
+2,807
| +8% | +$29.4K |
|
|
PFSW
3029
DELISTED
PFSweb, Inc.
PFSW
| $424K | ﹤0.01% |
57,080
-3,160
| -5% | -$24.3K |
|
3030
Comstock Resources
CRK
$3.97B
| $423K | ﹤0.01% |
50,034
+34,477
| +222% | +$205K |
|
3031
Scholastic
SCHL
$796M
| $423K | ﹤0.01% |
10,549
-10,583
| -50% | -$411K |
|
|
DISCK
3032
PUT
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $423K | ﹤0.01% |
+20,000
| New | +$368K |
|
3033
Pathward Financial
CASH
$1.81B
| $422K | ﹤0.01% |
13,674
-3,390
| -20% | -$98.3K |
|
|
GNC
3034
DELISTED
GNC Holdings, Inc.
GNC
| $422K | ﹤0.01% |
114,306
+28,300
| +33% | +$178K |
|
3035
Greenlight Captial
GLRE
$563M
| $421K | ﹤0.01% |
20,954
-9,296
| -31% | -$202K |
|
3036
PUT
Travere Therapeutics
TVTX
$5.33B
| $421K | ﹤0.01% |
20,000
| – | – |
|
3037
OrthoPediatrics
KIDS
$485M
| $419K | ﹤0.01% |
+21,829
| New | +$418K |
|
|
PPBI
3038
DELISTED
Pacific Premier Bancorp
PPBI
| $419K | ﹤0.01% |
10,474
-18,433
| -64% | -$725K |
|
3039
CALL
Allegiant Air
ALGT
$2.64B
| $418K | ﹤0.01% |
+2,700
| New | +$382K |
|
3040
Peoples Bancorp
PEBO
$1.45B
| $417K | ﹤0.01% |
12,782
-1,880
| -13% | -$62.7K |
|
3041
PhenixFIN
PFX
$83.9M
| $415K | ﹤0.01% |
3,973
-3,154
| -44% | -$360K |
|
3042
Energy Recovery
ERII
$434M
| $413K | ﹤0.01% |
+47,161
| New | +$430K |
|
|
BSTC
3043
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $413K | ﹤0.01% |
9,536
+4,005
| +72% | +$180K |
|
|
GES
3044
PUT
DELISTED
Guess Inc
GES
| $412K | ﹤0.01% |
24,400
| – | – |
|
|
CPRX
3045
DELISTED
Catalyst Pharmaceutical
CPRX
| $411K | ﹤0.01% |
+105,148
| New | +$347K |
|
3046
TTEC Holdings
TTEC
$103M
| $411K | ﹤0.01% |
10,213
-2,040
| -17% | -$84K |
|
3047
CALL
Safety Insurance
SAFT
$1.52B
| $410K | ﹤0.01% |
+5,100
| New | +$413K |
|
3048
Hain Celestial
HAIN
$47.8M
| $409K | ﹤0.01% |
9,647
-20,507
| -68% | -$812K |
|
3049
PUT
Unisys
UIS
$227M
| $408K | ﹤0.01% |
+50,000
| New | +$410K |
|
3050
CALL
Yelp
YELP
$1.38B
| $403K | ﹤0.01% |
9,600
| – | – |
|
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.