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 | |
|---|---|---|---|---|---|---|
|
PGH
3351
DELISTED
Pengrowth Energy Corporation
PGH
| $220K | ﹤0.01% |
276,633
+83,033
| +43% | +$77.2K |
|
3352
CALL
Duke Energy
DUK
$102B
| $219K | ﹤0.01% |
2,600
| – | – |
|
|
TACO
3353
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $219K | ﹤0.01% |
+18,093
| New | +$234K |
|
3354
Neurogene
NGNE
$696M
| $218K | ﹤0.01% |
929
+375
| +68% | +$87.9K |
|
3355
Red Robin
RRGB
$134M
| $218K | ﹤0.01% |
3,858
-12,050
| -76% | -$693K |
|
3356
CALL
American Financial Group
AFG
$11.9B
| $217K | ﹤0.01% |
2,000
-500
| -20% | -$52.5K |
|
3357
Comtech Telecommunications
CMTL
$51.8M
| $217K | ﹤0.01% |
+9,800
| New | +$209K |
|
3358
CALL
Trex
TREX
$4.51B
| $217K | ﹤0.01% |
+8,000
| New | +$204K |
|
3359
Zai Lab
ZLAB
$2.17B
| $217K | ﹤0.01% |
+10,243
| New | +$272K |
|
3360
Immersion
IMMR
$216M
| $216K | ﹤0.01% |
+30,533
| New | +$221K |
|
|
AEGN
3361
DELISTED
Aegion Corp
AEGN
| $216K | ﹤0.01% |
8,485
-5,885
| -41% | -$148K |
|
|
CARO
3362
DELISTED
Carolina Financial Corp.
CARO
| $215K | ﹤0.01% |
+5,800
| New | +$214K |
|
|
JMEI
3363
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $215K | ﹤0.01% |
7,360
-5,469
| -43% | -$161K |
|
3364
PUT
Unifirst Corp
UNF
$5.32B
| $214K | ﹤0.01% |
+1,300
| New | +$207K |
|
|
LSI
3365
PUT
DELISTED
Life Storage, Inc.
LSI
| $214K | ﹤0.01% |
3,600
-46,800
| -93% | -$2.69M |
|
3366
Atlantic Union Bankshares
AUB
$5.99B
| $213K | ﹤0.01% |
5,901
-654
| -10% | -$23.3K |
|
|
AREX
3367
DELISTED
Approach Resources Inc.
AREX
| $213K | ﹤0.01% |
72,120
+41,705
| +137% | +$103K |
|
3368
Badger Meter
BMI
$3.66B
| $212K | ﹤0.01% |
4,440
-8,426
| -65% | -$391K |
|
3369
PC Connection
CNXN
$2.05B
| $212K | ﹤0.01% |
+8,105
| New | +$219K |
|
3370
DTE Energy
DTE
$31.1B
| $212K | ﹤0.01% |
+2,274
| New | +$216K |
|
|
NGD
3371
DELISTED
New Gold Inc
NGD
| $211K | ﹤0.01% |
64,095
+1,763
| +3% | +$5.92K |
|
3372
Bank OZK
OZK
$5.49B
| $211K | ﹤0.01% |
4,354
-42,189
| -91% | -$1.96M |
|
3373
PUT
Medtronic
MDT
$107B
| $210K | ﹤0.01% |
2,600
-5,100
| -66% | -$408K |
|
3374
NVE Corp
NVEC
$569M
| $210K | ﹤0.01% |
2,437
-100
| -4% | -$8.4K |
|
|
HSTO
3375
DELISTED
Histogen Inc. Common Stock
HSTO
| $210K | ﹤0.01% |
227
+171
| +305% | +$158K |
|
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.