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 |
Apple
AAPL
|
+$483M |
| 2 |
Biogen
BIIB
|
+$429M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$397M |
| 4 |
LNKD
LinkedIn Corporation
LNKD
|
+$247M |
| 5 |
Union Pacific
UNP
|
+$242M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$632M |
| 2 |
Marathon Petroleum
MPC
|
+$474M |
| 3 |
Meta Platforms (Facebook)
META
|
+$469M |
| 4 |
DuPont de Nemours
DD
|
+$444M |
| 5 |
Phillips 66
PSX
|
+$444M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.1% |
| 2 | Communication Services | 8.89% |
| 3 | Technology | 8.48% |
| 4 | Energy | 7.71% |
| 5 | Financials | 7.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3851
Hancock Whitney
HWC
$6.13B
| – | – |
-40,397
| Closed | -$1.09M |
|
3852
Hexcel
HXL
$8.32B
| – | – |
-22,478
| Closed | -$1.01M |
|
3853
Interactive Brokers
IBKR
$40.9B
| – | – |
-121,144
| Closed | -$1.26M |
|
3854
International Bancshares
IBOC
$4.77B
| – | – |
-14,426
| Closed | -$361K |
|
3855
Idacorp
IDA
$8.23B
| – | – |
-41,586
| Closed | -$2.69M |
|
3856
Independent Bank
INDB
$4.05B
| – | – |
-6,172
| Closed | -$285K |
|
3857
ING
ING
$93.8B
| – | – |
-11,700
| Closed | -$165K |
|
3858
ITT
ITT
$17.5B
| – | – |
-19,681
| Closed | -$658K |
|
3859
iShares US Transportation ETF
IYT
$2.33B
| – | – |
-530,440
| Closed | -$18.6M |
|
3860
PUT
JetBlue
JBLU
$1.96B
| – | – |
-70,000
| Closed | -$1.8M |
|
3861
Jabil
JBL
$32.8B
| – | – |
-474,120
| Closed | -$10.6M |
|
3862
JD.com
JD
$40.8B
| – | – |
-23,401
| Closed | -$690K |
|
3863
Jones Lang LaSalle
JLL
$15.1B
| – | – |
-22,898
| Closed | -$3.29M |
|
|
JNPR
3864
PUT
DELISTED
Juniper Networks
JNPR
| – | – |
-76,300
| Closed | -$1.96M |
|
|
JWN
3865
PUT
DELISTED
Nordstrom
JWN
| – | – |
-20,000
| Closed | -$1.43M |
|
3866
KBR
KBR
$4.68B
| – | – |
-15,576
| Closed | -$286K |
|
3867
Kforce
KFRC
$983M
| – | – |
-87,400
| Closed | -$2.3M |
|
3868
PUT
Kinross Gold
KGC
$28.5B
| – | – |
-150,000
| Closed | -$258K |
|
3869
CarMax
KMX
$8.27B
| – | – |
-14,786
| Closed | -$844K |
|
3870
Kohl's
KSS
$2.03B
| – | – |
-10,372
| Closed | -$480K |
|
3871
CALL
Lamar Advertising Co
LAMR
$16.2B
| – | – |
-20,000
| Closed | -$1.04M |
|
3872
Lear
LEA
$7.19B
| – | – |
-43,554
| Closed | -$5.3M |
|
|
3873
PUT
Lear
LEA
$7.19B
| – | – |
-36,100
| Closed | -$3.93M |
|
3874
Lincoln Electric
LECO
$13.8B
| – | – |
-18,326
| Closed | -$961K |
|
3875
LGI Homes
LGIH
$1.4B
| – | – |
-9,630
| Closed | -$281K |
|
Similar funds
D.E. Shaw & Co's Q4 2015 Portfolio in Review
As of Q4 2015, D.E. Shaw & Co held 4,165 positions worth $67.2B, down 1.1% from $67.9B the previous quarter. Its ten largest holdings account for 8.8% of the portfolio.
D.E. Shaw & Co withdrew a net $4.09B in Q4 2015, closing 409 positions and reducing 1,417 holdings. Its most notable exit was Altera Corp, an estimated $236M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 11% a quarter earlier, followed by Communication Services and Technology.
Against the trend, D.E. Shaw & Co opened a new position in Alphabet (Google) Class A worth $417M.
- D.E. Shaw & Co's largest Q4 2015 buy was Alphabet (Google) Class A: 10,723,880 shares worth $417M.
- D.E. Shaw & Co added most to Apple in Q4 2015, an estimated $483M increase.
- D.E. Shaw & Co's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $632M.
- D.E. Shaw & Co fully exited Altera Corp in Q4 2015, selling an estimated $236M.
- D.E. Shaw & Co's ten largest holdings make up 8.8% of its $67.2B portfolio in Q4 2015.
- D.E. Shaw & Co opened 463 new positions and closed 409 in Q4 2015.
- D.E. Shaw & Co's portfolio value fell 1.1% quarter-over-quarter to $67.2B.
Based on D.E. Shaw & Co's 13F filing for Q4 2015, filed 16 Feb 2016.