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 |
Netflix
NFLX
|
+$408M |
| 2 |
Medtronic
MDT
|
+$271M |
| 3 |
NXP Semiconductors
NXPI
|
+$270M |
| 4 |
Gilead Sciences
GILD
|
+$253M |
| 5 |
Hewlett Packard
HPE
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$424M |
| 2 |
CVS Health
CVS
|
+$391M |
| 3 |
LNKD
LinkedIn Corporation
LNKD
|
+$323M |
| 4 |
Wells Fargo
WFC
|
+$280M |
| 5 |
VMW
VMware, Inc
VMW
|
+$264M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.54% |
| 2 | Healthcare | 10.14% |
| 3 | Financials | 8.94% |
| 4 | Consumer Discretionary | 8.18% |
| 5 | Industrials | 7.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3426
Capital Southwest
CSWC
$1.46B
| – | – |
-27,370
| Closed | -$402K |
|
3427
Cintas
CTAS
$82.4B
| – | – |
-149,116
| Closed | -$4.19M |
|
3428
CSX Corp
CSX
$98.6B
| – | – |
-1,143,414
| Closed | -$12.8M |
|
3429
Cousins Properties
CUZ
$5.29B
| – | – |
-15,088
| Closed | -$445K |
|
3430
CVR Energy
CVI
$3.36B
| – | – |
-78,713
| Closed | -$1.08M |
|
|
3431
PUT
CVR Energy
CVI
$3.36B
| – | – |
-140,000
| Closed | -$1.93M |
|
3432
Clearway Energy Class C
CWEN
$5B
| – | – |
-23,488
| Closed | -$398K |
|
3433
Community Health Systems
CYH
$385M
| – | – |
-143,559
| Closed | -$997K |
|
|
CYBR
3434
DELISTED
CyberArk
CYBR
| – | – |
-36,671
| Closed | -$1.82M |
|
3435
Deutsche Bank
DB
$66.3B
| – | – |
-71,950
| Closed | -$1.01M |
|
3436
3D Systems Corp
DDD
$420M
| – | – |
-338,739
| Closed | -$4.97M |
|
|
DFS
3437
DELISTED
Discover Financial Services
DFS
| – | – |
-51,886
| Closed | -$3.3M |
|
3438
Dollar General
DG
$25.9B
| – | – |
-152,026
| Closed | -$11.1M |
|
3439
Dine Brands
DIN
$432M
| – | – |
-5,988
| Closed | -$474K |
|
3440
PUT
DXP Enterprises
DXPE
$2.62B
| – | – |
-45,000
| Closed | -$1.27M |
|
3441
CALL
Dycom Industries
DY
$12.9B
| – | – |
-10,000
| Closed | -$818K |
|
3442
Everest Group
EG
$15.2B
| – | – |
-7,076
| Closed | -$1.34M |
|
3443
Eagle Bancorp
EGBN
$867M
| – | – |
-9,371
| Closed | -$462K |
|
3444
Eldorado Gold
EGO
$8.31B
| – | – |
-4,049
| Closed | -$80K |
|
3445
Vaalco Energy
EGY
$594M
| – | – |
-152,720
| Closed | -$142K |
|
3446
Encompass Health
EHC
$11.2B
| – | – |
-12,283
| Closed | -$396K |
|
|
ELME
3447
Elme Communities
ELME
$132M
| – | – |
-28,792
| Closed | -$896K |
|
3448
CALL
Enovis
ENOV
$1.56B
| – | – |
-37,300
| Closed | -$2.02M |
|
3449
PUT
Equinix
EQIX
$107B
| – | – |
-10,000
| Closed | -$3.6M |
|
3450
Equinor
EQNR
$95.9B
| – | – |
-215,646
| Closed | -$3.62M |
|
Similar funds
D.E. Shaw & Co's Q4 2016 Portfolio in Review
As of Q4 2016, D.E. Shaw & Co held 3,804 positions worth $58.9B, up 3.9% from $56.7B the previous quarter. Its ten largest holdings account for 8.8% of the portfolio.
D.E. Shaw & Co's Q4 2016 filing shows 462 new, 1,382 increased, 1,255 reduced and 397 closed positions. Its largest new stake was Deere & Co: 1,429,259 shares worth $147M. The largest sale was Amazon, an estimated $424M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, down from 11% a quarter earlier, followed by Healthcare and Financials.
- D.E. Shaw & Co's largest Q4 2016 buy was Deere & Co: 1,429,259 shares worth $147M.
- D.E. Shaw & Co added most to Netflix in Q4 2016, an estimated $408M increase.
- D.E. Shaw & Co's biggest Q4 2016 reduction was Amazon, cutting an estimated $424M.
- D.E. Shaw & Co fully exited LinkedIn Corporation in Q4 2016, selling an estimated $323M.
- D.E. Shaw & Co's ten largest holdings make up 8.8% of its $58.9B portfolio in Q4 2016.
- D.E. Shaw & Co opened 462 new positions and closed 397 in Q4 2016.
- D.E. Shaw & Co's portfolio value rose 3.9% quarter-over-quarter to $58.9B.
Based on D.E. Shaw & Co's 13F filing for Q4 2016, filed 14 Feb 2017.