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 |
Alibaba
BABA
|
+$453M |
| 2 |
Oracle
ORCL
|
+$431M |
| 3 |
Apple
AAPL
|
+$376M |
| 4 |
SLB Ltd
SLB
|
+$353M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$746M |
| 2 |
AET
Aetna Inc
AET
|
+$378M |
| 3 |
NVIDIA
NVDA
|
+$348M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$307M |
| 5 |
AT&T
T
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.92% |
| 2 | Consumer Discretionary | 11.63% |
| 3 | Healthcare | 11.01% |
| 4 | Financials | 7.5% |
| 5 | Industrials | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3101
CALL
First Solar
FSLR
$21.7B
| $454K | ﹤0.01% |
+10,700
| New | +$470K |
|
3102
Nelnet
NNI
$4.81B
| $454K | ﹤0.01% |
8,677
-826
| -9% | -$44.5K |
|
3103
PUT
Williams-Sonoma
WSM
$27.3B
| $454K | ﹤0.01% |
18,000
| – | – |
|
|
ENT
3104
DELISTED
Global Eagle Entertainment Inc.
ENT
| $452K | ﹤0.01% |
8,110
-1,996
| -20% | -$122K |
|
3105
PUT
PBF Energy
PBF
$7.34B
| $451K | ﹤0.01% |
13,800
+2,700
| +24% | +$109K |
|
3106
Principal Financial Group
PFG
$23.9B
| $451K | ﹤0.01% |
10,211
+1,405
| +16% | +$69.2K |
|
|
KEM
3107
PUT
DELISTED
KEMET Corporation
KEM
| $451K | ﹤0.01% |
+25,700
| New | +$481K |
|
|
PNNT
3108
Pennant Park Investment Corp
PNNT
$220M
| $449K | ﹤0.01% |
70,564
-122,076
| -63% | -$868K |
|
|
ANH
3109
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $449K | ﹤0.01% |
111,058
+67,390
| +154% | +$296K |
|
3110
PUT
Cirrus Logic
CRUS
$6.82B
| $448K | ﹤0.01% |
13,500
-27,500
| -67% | -$1.02M |
|
3111
America's Car Mart
CRMT
$28.6M
| $447K | ﹤0.01% |
6,173
-24,270
| -80% | -$1.78M |
|
3112
Kelly Services Class A
KELYA
$538M
| $447K | ﹤0.01% |
+21,832
| New | +$486K |
|
|
ADAM
3113
Adamas Trust
ADAM
$785M
| $446K | ﹤0.01% |
+18,929
| New | +$458K |
|
3114
PUT
Beazer Homes USA
BZH
$907M
| $445K | ﹤0.01% |
46,900
+16,400
| +54% | +$163K |
|
3115
Unitil
UTL
$1B
| $441K | ﹤0.01% |
8,702
-463
| -5% | -$23.1K |
|
3116
CALL
Planet Fitness
PLNT
$4.29B
| $440K | ﹤0.01% |
+8,200
| New | +$421K |
|
3117
CALL
Vipshop
VIPS
$7.06B
| $440K | ﹤0.01% |
80,600
| – | – |
|
|
DESP
3118
DELISTED
Despegar.com
DESP
| $438K | ﹤0.01% |
+35,258
| New | +$532K |
|
|
HTB
3119
HomeTrust Bancshares
HTB
$831M
| $438K | ﹤0.01% |
16,744
+3,194
| +24% | +$85.3K |
|
3120
PUT
Cigna
CI
$77.2B
| $437K | ﹤0.01% |
2,300
-23,000
| -91% | -$4.8M |
|
3121
1st Source
SRCE
$2.08B
| $436K | ﹤0.01% |
+10,797
| New | +$503K |
|
|
AXAS
3122
DELISTED
Abraxas Petroleum Corp
AXAS
| $434K | ﹤0.01% |
19,915
+18,826
| +1,729% | +$656K |
|
3123
CALL
Grand Canyon Education
LOPE
$3.84B
| $433K | ﹤0.01% |
4,500
-21,800
| -83% | -$2.53M |
|
3124
CALL
Valmont Industries
VMI
$9.52B
| $433K | ﹤0.01% |
3,900
+1,100
| +39% | +$137K |
|
|
HMTV
3125
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $433K | ﹤0.01% |
35,652
+3,849
| +12% | +$51.4K |
|
Similar funds
D.E. Shaw & Co's Q4 2018 Portfolio in Review
As of Q4 2018, D.E. Shaw & Co held 4,217 positions worth $72.6B, down 13% from $83.2B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
D.E. Shaw & Co deployed $3.99B of net new capital in Q4 2018, opening 541 new positions and adding to 1,544 existing holdings. Its largest new stake was Alibaba: 3,066,336 shares worth $420M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Amazon, an estimated $746M trimmed.
- D.E. Shaw & Co's largest Q4 2018 buy was Alibaba: 3,066,336 shares worth $420M.
- D.E. Shaw & Co added most to Oracle in Q4 2018, an estimated $431M increase.
- D.E. Shaw & Co's biggest Q4 2018 reduction was Amazon, cutting an estimated $746M.
- D.E. Shaw & Co fully exited Aetna Inc in Q4 2018, selling an estimated $378M.
- D.E. Shaw & Co's ten largest holdings make up 8.9% of its $72.6B portfolio in Q4 2018.
- D.E. Shaw & Co opened 541 new positions and closed 497 in Q4 2018.
- D.E. Shaw & Co's portfolio value fell 13% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2018, filed 14 Feb 2019.