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 | |
|---|---|---|---|---|---|---|
|
451
CALL
Biogen
BIIB
$29.9B
| $30.5M | 0.05% |
99,600
-5,800
| -6% | -$1.67M |
|
452
Essent Group
ESNT
$6.06B
| $30.4M | 0.05% |
1,390,411
+631,206
| +83% | +$15.3M |
|
453
Yelp
YELP
$1.38B
| $30.4M | 0.05% |
1,055,103
+812,144
| +334% | +$21.3M |
|
454
JPMorgan Chase
JPM
$939B
| $30.4M | 0.05% |
459,913
-901,839
| -66% | -$58.7M |
|
455
PUT
Merck
MRK
$324B
| $30.4M | 0.05% |
602,495
+285,475
| +90% | +$14.4M |
|
456
CALL
Costco
COST
$415B
| $30.3M | 0.05% |
187,800
-63,000
| -25% | -$9.96M |
|
|
BRCD
457
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $30.3M | 0.05% |
3,297,756
+522,114
| +19% | +$5.13M |
|
|
POT
458
DELISTED
Potash Corp Of Saskatchewan
POT
| $30.2M | 0.05% |
1,765,938
+839,463
| +91% | +$16.7M |
|
459
Canadian Pacific Kansas City
CP
$82B
| $30.2M | 0.04% |
1,181,455
+431,400
| +58% | +$12.1M |
|
460
PUT
Whirlpool
WHR
$2.42B
| $30.1M | 0.04% |
204,800
+7,700
| +4% | +$1.19M |
|
461
PUT
Illumina
ILMN
$29.4B
| $29.9M | 0.04% |
160,162
+616
| +0.4% | +$99.4K |
|
462
CALL
Target
TGT
$62.1B
| $29.9M | 0.04% |
411,700
-33,800
| -8% | -$2.52M |
|
|
LNKD
463
CALL
DELISTED
LinkedIn Corporation
LNKD
| $29.9M | 0.04% |
132,700
-23,800
| -15% | -$5.4M |
|
|
AL
464
DELISTED
Air Lease Corp
AL
| $29.9M | 0.04% |
892,037
-28,870
| -3% | -$958K |
|
|
MRO
465
DELISTED
Marathon Oil Corporation
MRO
| $29.8M | 0.04% |
2,369,456
+1,203,107
| +103% | +$20.2M |
|
466
CALL
American Airlines Group
AAL
$9.58B
| $29.7M | 0.04% |
702,000
+49,300
| +8% | +$2.14M |
|
467
CALL
Mastercard
MA
$477B
| $29.6M | 0.04% |
304,400
+27,600
| +10% | +$2.7M |
|
468
PUT
Valero Energy
VLO
$89.8B
| $29.5M | 0.04% |
417,700
+66,500
| +19% | +$4.53M |
|
469
Norfolk Southern
NSC
$78.8B
| $29.5M | 0.04% |
348,890
-255,209
| -42% | -$21.8M |
|
470
PUT
CF Industries
CF
$19.2B
| $29.4M | 0.04% |
720,200
-175,000
| -20% | -$8.25M |
|
471
CALL
RTX Corp
RTX
$287B
| $29.3M | 0.04% |
484,804
+256,147
| +112% | +$15.5M |
|
472
CALL
Humana
HUM
$46.7B
| $29.1M | 0.04% |
163,000
| – | – |
|
473
CALL
Delta Air Lines
DAL
$55.9B
| $29M | 0.04% |
572,700
+306,500
| +115% | +$15.2M |
|
|
SIOX
474
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $29M | 0.04% |
201,262
-44,288
| -18% | -$5.76M |
|
475
CALL
General Motors
GM
$74.7B
| $28.8M | 0.04% |
846,800
+529,800
| +167% | +$18.4M |
|
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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.