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 |
Alibaba
BABA
|
+$453M |
| 2 |
Oracle
ORCL
|
+$431M |
| 3 |
Apple
AAPL
|
+$376M |
| 4 |
SLB Ltd
SLB
|
+$353M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$746M |
| 2 |
AET
Aetna Inc
AET
|
+$378M |
| 3 |
NVIDIA
NVDA
|
+$348M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$307M |
| 5 |
AT&T
T
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.92% |
| 2 | Consumer Discretionary | 11.63% |
| 3 | Healthcare | 11.01% |
| 4 | Financials | 7.5% |
| 5 | Industrials | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XYZ
76
PUT
Block Inc
XYZ
$45.9B
| $183M | 0.25% |
3,270,000
-180,400
| -5% | -$12.7M |
|
77
PUT
Chipotle Mexican Grill
CMG
$40.8B
| $183M | 0.25% |
21,185,000
+2,375,000
| +13% | +$21.5M |
|
78
Hartford Financial Services
HIG
$38.5B
| $181M | 0.25% |
4,066,068
+1,091,969
| +37% | +$49.1M |
|
79
ConocoPhillips
COP
$147B
| $181M | 0.25% |
2,897,114
+80,438
| +3% | +$5.47M |
|
80
Lockheed Martin
LMT
$134B
| $175M | 0.24% |
670,004
+613,070
| +1,077% | +$186M |
|
81
Zoetis
ZTS
$31.6B
| $171M | 0.24% |
2,002,687
-766,886
| -28% | -$69.1M |
|
|
SPR
82
DELISTED
Spirit AeroSystems
SPR
| $168M | 0.23% |
2,326,773
-142,667
| -6% | -$11.6M |
|
|
CTXS
83
DELISTED
Citrix Systems Inc
CTXS
| $168M | 0.23% |
1,636,099
-107,003
| -6% | -$11.3M |
|
84
Cardinal Health
CAH
$53.4B
| $167M | 0.23% |
3,739,811
+1,463,291
| +64% | +$76.3M |
|
|
OPLN
85
Openlane
OPLN
$4.17B
| $165M | 0.23% |
9,154,868
-988,137
| -10% | -$20.5M |
|
86
IQVIA
IQV
$34.7B
| $164M | 0.23% |
1,407,572
+37,871
| +3% | +$4.59M |
|
87
Wayfair
W
$11.1B
| $163M | 0.22% |
1,812,307
+194,123
| +12% | +$20.4M |
|
88
GE Aerospace
GE
$367B
| $161M | 0.22% |
4,437,399
-2,261,195
| -34% | -$102M |
|
|
RTN
89
DELISTED
Raytheon Company
RTN
| $161M | 0.22% |
1,046,912
+500,485
| +92% | +$89.6M |
|
|
CELG
90
PUT
DELISTED
Celgene Corp
CELG
| $160M | 0.22% |
2,493,100
+297,600
| +14% | +$22M |
|
91
PUT
Wells Fargo
WFC
$261B
| $154M | 0.21% |
3,343,900
+40,800
| +1% | +$2.09M |
|
92
DuPont de Nemours
DD
$18.6B
| $154M | 0.21% |
1,136,353
+1,066,699
| +1,531% | +$153M |
|
93
Adobe
ADBE
$89.5B
| $154M | 0.21% |
678,522
-167,095
| -20% | -$40.3M |
|
|
GRUB
94
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $151M | 0.21% |
983,276
-20,398
| -2% | -$3.83M |
|
|
LSXMA
95
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $150M | 0.21% |
5,659,682
-948,509
| -14% | -$27.3M |
|
|
TFCFA
96
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $150M | 0.21% |
3,125,090
-706,125
| -18% | -$33.5M |
|
97
Gilead Sciences
GILD
$161B
| $149M | 0.21% |
2,388,475
+398,815
| +20% | +$27.9M |
|
98
Visa
V
$677B
| $149M | 0.21% |
1,132,137
-1,642,506
| -59% | -$227M |
|
99
PVH
PVH
$3.71B
| $149M | 0.21% |
1,605,542
+298,782
| +23% | +$34.2M |
|
100
Johnson & Johnson
JNJ
$634B
| $149M | 0.21% |
1,153,608
+601,485
| +109% | +$83.9M |
|
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D.E. Shaw & Co's Q4 2018 Portfolio in Review
As of Q4 2018, D.E. Shaw & Co held 4,217 positions worth $72.6B, down 13% from $83.2B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
D.E. Shaw & Co deployed $3.99B of net new capital in Q4 2018, opening 541 new positions and adding to 1,544 existing holdings. Its largest new stake was Alibaba: 3,066,336 shares worth $420M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Amazon, an estimated $746M trimmed.
- D.E. Shaw & Co's largest Q4 2018 buy was Alibaba: 3,066,336 shares worth $420M.
- D.E. Shaw & Co added most to Oracle in Q4 2018, an estimated $431M increase.
- D.E. Shaw & Co's biggest Q4 2018 reduction was Amazon, cutting an estimated $746M.
- D.E. Shaw & Co fully exited Aetna Inc in Q4 2018, selling an estimated $378M.
- D.E. Shaw & Co's ten largest holdings make up 8.9% of its $72.6B portfolio in Q4 2018.
- D.E. Shaw & Co opened 541 new positions and closed 497 in Q4 2018.
- D.E. Shaw & Co's portfolio value fell 13% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2018, filed 14 Feb 2019.