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 |
PayPal
PYPL
|
+$354M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$309M |
| 3 |
Microsoft
MSFT
|
+$307M |
| 4 |
Automatic Data Processing
ADP
|
+$266M |
| 5 |
Citigroup
C
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$567M |
| 2 |
Fidelity National Information Services
FIS
|
+$410M |
| 3 |
Medtronic
MDT
|
+$359M |
| 4 |
Amazon
AMZN
|
+$297M |
| 5 |
ATVI
Activision Blizzard
ATVI
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.59% |
| 2 | Consumer Discretionary | 12.73% |
| 3 | Healthcare | 11.62% |
| 4 | Financials | 8.02% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3251
Novanta
NOVT
$5.04B
| $413K | ﹤0.01% |
5,048
+163
| +3% | +$13.2K |
|
|
MDCO
3252
DELISTED
Medicines Co
MDCO
| $413K | ﹤0.01% |
+8,265
| New | +$330K |
|
3253
PUT
Kinder Morgan
KMI
$73.1B
| $412K | ﹤0.01% |
20,000
| – | – |
|
|
SNV
3254
PUT
DELISTED
Synovus
SNV
| $411K | ﹤0.01% |
11,500
-3,900
| -25% | -$140K |
|
3255
Enterprise Financial Services Corp
EFSC
$2.41B
| $408K | ﹤0.01% |
10,021
+408
| +4% | +$16.4K |
|
|
REV
3256
DELISTED
Revlon, Inc.
REV
| $408K | ﹤0.01% |
17,373
-6,365
| -27% | -$120K |
|
3257
Sturm, Ruger & Co
RGR
$610M
| $407K | ﹤0.01% |
9,753
+3,239
| +50% | +$151K |
|
3258
Matsons
MATX
$6.37B
| $406K | ﹤0.01% |
10,831
-37,450
| -78% | -$1.42M |
|
|
WBK
3259
DELISTED
Westpac Banking Corporation
WBK
| $406K | ﹤0.01% |
+20,294
| New | +$397K |
|
3260
NRC Health Common Stock
NRC
$474M
| $405K | ﹤0.01% |
7,012
+3,055
| +77% | +$189K |
|
3261
Navigator Holdings
NVGS
$1.34B
| $405K | ﹤0.01% |
37,955
+18,160
| +92% | +$181K |
|
|
SF
3262
Stifel
SF
$12.3B
| $405K | ﹤0.01% |
15,881
-127,651
| -89% | -$3.21M |
|
|
CARB
3263
PUT
DELISTED
Carbonite Inc
CARB
| $403K | ﹤0.01% |
+26,000
| New | +$463K |
|
|
BNY
3264
PUT
Bank of New York Mellon
BNY
$108B
| $402K | ﹤0.01% |
8,900
+600
| +7% | +$26.7K |
|
3265
Hormel Foods
HRL
$13.9B
| $402K | ﹤0.01% |
+9,185
| New | +$386K |
|
|
VRNT
3266
DELISTED
Verint Systems
VRNT
| $401K | ﹤0.01% |
18,413
-2,328
| -11% | -$61.9K |
|
3267
Central Garden & Pet Co
CENT
$2.74B
| $399K | ﹤0.01% |
+17,051
| New | +$369K |
|
3268
Gates Industrial Corporation Ltd.
GTES
$6.81B
| $398K | ﹤0.01% |
39,523
+28,023
| +244% | +$275K |
|
|
AFMD
3269
DELISTED
Affimed
AFMD
| $397K | ﹤0.01% |
13,508
+9,777
| +262% | +$291K |
|
|
CY
3270
CALL
DELISTED
Cypress Semiconductor
CY
| $397K | ﹤0.01% |
17,000
| – | – |
|
3271
CALL
Flex
FLEX
$43.4B
| $396K | ﹤0.01% |
+50,161
| New | +$385K |
|
3272
AMC Global Media
AMCX
$430M
| $394K | ﹤0.01% |
+8,024
| New | +$414K |
|
3273
BOK Financial
BOKF
$8.64B
| $394K | ﹤0.01% |
4,980
-5,227
| -51% | -$410K |
|
3274
PUT
uniQure
QURE
$2.68B
| $394K | ﹤0.01% |
10,000
| – | – |
|
|
STFC
3275
DELISTED
State Auto Financial Corp
STFC
| $394K | ﹤0.01% |
+12,174
| New | +$407K |
|
Similar funds
D.E. Shaw & Co's Q3 2019 Portfolio in Review
As of Q3 2019, D.E. Shaw & Co held 4,189 positions worth $81.2B, up 1.3% from $80.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q3 2019 filing shows 550 new, 1,503 increased, 1,391 reduced and 422 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 3,554,658 shares worth $310M. The largest sale was Anadarko Petroleum, an estimated $567M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2019 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 3,554,658 shares worth $310M.
- D.E. Shaw & Co added most to PayPal in Q3 2019, an estimated $354M increase.
- D.E. Shaw & Co's biggest Q3 2019 reduction was Fidelity National Information Services, cutting an estimated $410M.
- D.E. Shaw & Co fully exited Anadarko Petroleum in Q3 2019, selling an estimated $567M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $81.2B portfolio in Q3 2019.
- D.E. Shaw & Co opened 550 new positions and closed 422 in Q3 2019.
- D.E. Shaw & Co's portfolio value rose 1.3% quarter-over-quarter to $81.2B.
Based on D.E. Shaw & Co's 13F filing for Q3 2019, filed 14 Nov 2019.