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 | |
|---|---|---|---|---|---|---|
3376
Westwood Holdings Group
WHG
$182M
| $323K | ﹤0.01% |
11,663
-1,303
| -10% | -$39.6K |
|
3377
Cars.com
CARS
$641M
| $322K | ﹤0.01% |
35,900
-12,134
| -25% | -$164K |
|
3378
Eagle Bancorp
EGBN
$867M
| $322K | ﹤0.01% |
+7,211
| New | +$315K |
|
3379
Globus Medical
GMED
$10.4B
| $322K | ﹤0.01% |
+6,300
| New | +$300K |
|
3380
PUT
Nektar Therapeutics
NKTR
$2.39B
| $319K | ﹤0.01% |
+1,167
| New | +$428K |
|
|
PDS
3381
Precision Drilling
PDS
$1.09B
| $318K | ﹤0.01% |
13,852
+11,341
| +452% | +$330K |
|
3382
Comstock Resources
CRK
$3.97B
| $317K | ﹤0.01% |
+40,749
| New | +$272K |
|
3383
PUT
Polaris
PII
$4.15B
| $317K | ﹤0.01% |
3,600
| – | – |
|
3384
Coeur Mining
CDE
$15.6B
| $316K | ﹤0.01% |
65,700
-403,681
| -86% | -$2M |
|
|
FLNT
3385
Fluent
FLNT
$102M
| $316K | ﹤0.01% |
19,268
-12,890
| -40% | -$308K |
|
3386
Hooker Furnishings Corp
HOFT
$148M
| $316K | ﹤0.01% |
+14,755
| New | +$297K |
|
3387
Ennis
EBF
$546M
| $315K | ﹤0.01% |
15,594
-1,218
| -7% | -$24.7K |
|
3388
CALL
Itaú Unibanco
ITUB
$91.3B
| $315K | ﹤0.01% |
51,537
| – | – |
|
3389
Truist Financial
TFC
$63.2B
| $315K | ﹤0.01% |
+5,900
| New | +$292K |
|
3390
HCI Group
HCI
$2.28B
| $313K | ﹤0.01% |
+7,438
| New | +$306K |
|
3391
PennantPark Floating Rate Capital
PFLT
$681M
| $312K | ﹤0.01% |
26,858
-33,642
| -56% | -$390K |
|
|
ATVI
3392
CALL
DELISTED
Activision Blizzard
ATVI
| $312K | ﹤0.01% |
5,900
-45,900
| -89% | -$2.29M |
|
3393
Patrick Industries
PATK
$2.8B
| $311K | ﹤0.01% |
10,877
+3,263
| +43% | +$90.5K |
|
3394
Sterling Infrastructure
STRL
$20.3B
| $311K | ﹤0.01% |
+23,654
| New | +$290K |
|
3395
Waterstone Financial
WSBF
$362M
| $311K | ﹤0.01% |
18,129
+1,507
| +9% | +$25.4K |
|
|
ELGX
3396
DELISTED
Endologix Inc
ELGX
| $311K | ﹤0.01% |
78,412
-99,519
| -56% | -$579K |
|
3397
CALL
NOV
NOV
$7.45B
| $310K | ﹤0.01% |
14,600
-71,800
| -83% | -$1.53M |
|
|
DRNA
3398
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $309K | ﹤0.01% |
+21,537
| New | +$308K |
|
3399
Raymond James Financial
RJF
$32.5B
| $307K | ﹤0.01% |
5,577
-249,756
| -98% | -$13.6M |
|
3400
CALL
Seagate
STX
$193B
| $307K | ﹤0.01% |
+5,700
| New | +$280K |
|
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.