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 |
Bank of America
BAC
|
+$327M |
| 2 |
Netflix
NFLX
|
+$275M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$219M |
| 4 |
Citigroup
C
|
+$211M |
| 5 |
Merck
MRK
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$558M |
| 2 |
ONXX
ONYX PHARMACEUTICALS INC
ONXX
|
+$259M |
| 3 |
Meta Platforms (Facebook)
META
|
+$252M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 5 |
IBM
IBM
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.41% |
| 2 | Technology | 6.9% |
| 3 | Consumer Discretionary | 6.89% |
| 4 | Communication Services | 6.41% |
| 5 | Healthcare | 6.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4426
AZZ Inc
AZZ
$4.5B
| – | – |
-15,229
| Closed | -$637K |
|
|
4427
PUT
AZZ Inc
AZZ
$4.5B
| – | – |
-20,000
| Closed | -$837K |
|
4428
PUT
Ball Corp
BALL
$17B
| – | – |
-80,600
| Closed | -$1.81M |
|
4429
BlackBerry
BB
$5.01B
| – | – |
-861,060
| Closed | -$6.08M |
|
4430
PUT
Barings BDC
BBDC
$862M
| – | – |
-28,100
| Closed | -$825K |
|
4431
PUT
BCE
BCE
$19.9B
| – | – |
-20,000
| Closed | -$854K |
|
4432
B&G Foods
BGS
$285M
| – | – |
-6,821
| Closed | -$234K |
|
4433
BJ's Restaurants
BJRI
$1.41B
| – | – |
-20,882
| Closed | -$601K |
|
4434
CALL
Buckle
BKE
$2.19B
| – | – |
-20,994
| Closed | -$1.11M |
|
|
4435
PUT
Buckle
BKE
$2.19B
| – | – |
-20,482
| Closed | -$1.08M |
|
4436
Bankunited
BKU
$3.38B
| – | – |
-30,000
| Closed | -$936K |
|
4437
CALL
Badger Meter
BMI
$3.66B
| – | – |
-9,200
| Closed | -$214K |
|
4438
Santander
BSBR
$39.7B
| – | – |
-950,279
| Closed | -$6.33M |
|
4439
British American Tobacco
BTI
$132B
| – | – |
-93,742
| Closed | -$4.93M |
|
|
BBBY
4440
PUT
Bed Bath & Beyond
BBBY
$473M
| – | – |
-25,156
| Closed | -$561K |
|
|
CADE
4441
DELISTED
Cadence Bank
CADE
| – | – |
-11,800
| Closed | -$269K |
|
4442
CALL
Caleres
CAL
$396M
| – | – |
-11,400
| Closed | -$268K |
|
4443
CALL
Cal-Maine
CALM
$4.28B
| – | – |
-40,000
| Closed | -$962K |
|
4444
CALL
Cabot Corp
CBT
$4.65B
| – | – |
-22,000
| Closed | -$940K |
|
4445
Cerus
CERS
$587M
| – | – |
-29,294
| Closed | -$197K |
|
4446
CEVA Inc
CEVA
$1.01B
| – | – |
-12,114
| Closed | -$209K |
|
4447
PUT
Cognex
CGNX
$10.3B
| – | – |
-176,000
| Closed | -$2.76M |
|
4448
City Holding Co
CHCO
$1.97B
| – | – |
-6,345
| Closed | -$274K |
|
4449
Chefs' Warehouse
CHEF
$3.87B
| – | – |
-19,256
| Closed | -$445K |
|
4450
CALL
Cincinnati Financial
CINF
$28.3B
| – | – |
-10,000
| Closed | -$472K |
|
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D.E. Shaw & Co's Q4 2013 Portfolio in Review
As of Q4 2013, D.E. Shaw & Co held 4,972 positions worth $73.3B, up 17% from $62.7B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co deployed $3.59B of net new capital in Q4 2013, opening 721 new positions and adding to 1,786 existing holdings. Its largest new stake was Allegion: 2,233,249 shares worth $98.7M.
By sector, the portfolio is most concentrated in Financials at 7.4% of assets, up from 6.8% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $252M trimmed.
- D.E. Shaw & Co's largest Q4 2013 buy was Allegion: 2,233,249 shares worth $98.7M.
- D.E. Shaw & Co added most to Bank of America in Q4 2013, an estimated $327M increase.
- D.E. Shaw & Co's biggest Q4 2013 reduction was Meta Platforms (Facebook), cutting an estimated $252M.
- D.E. Shaw & Co fully exited DELL INC in Q4 2013, selling an estimated $558M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $73.3B portfolio in Q4 2013.
- D.E. Shaw & Co opened 721 new positions and closed 549 in Q4 2013.
- D.E. Shaw & Co's portfolio value rose 17% quarter-over-quarter to $73.3B.
Based on D.E. Shaw & Co's 13F filing for Q4 2013, filed 14 Feb 2014.