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 |
PayPal
PYPL
|
+$354M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$309M |
| 3 |
Microsoft
MSFT
|
+$307M |
| 4 |
Automatic Data Processing
ADP
|
+$266M |
| 5 |
Citigroup
C
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$567M |
| 2 |
Fidelity National Information Services
FIS
|
+$410M |
| 3 |
Medtronic
MDT
|
+$359M |
| 4 |
Amazon
AMZN
|
+$297M |
| 5 |
ATVI
Activision Blizzard
ATVI
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.5% |
| 2 | Technology | 15.15% |
| 3 | Consumer Discretionary | 12.73% |
| 4 | Healthcare | 11.89% |
| 5 | Financials | 8.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LSXMK
76
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $186M | 0.23% |
5,819,446
-130,088
| -2% | -$4.04M |
|
|
NVRO
77
DELISTED
NEVRO CORP.
NVRO
| $181M | 0.22% |
2,104,394
+36,994
| +2% | +$2.8M |
|
78
PUT
Bank of America
BAC
$436B
| $180M | 0.22% |
6,173,900
+951,600
| +18% | +$27.4M |
|
79
PUT
CVS Health
CVS
$122B
| $179M | 0.22% |
2,841,000
+380,100
| +15% | +$22.5M |
|
|
BKI
80
DELISTED
Black Knight, Inc. Common Stock
BKI
| $178M | 0.22% |
2,912,218
-106,275
| -4% | -$6.59M |
|
|
AGN
81
DELISTED
Allergan plc
AGN
| $177M | 0.22% |
1,049,950
-121,396
| -10% | -$19.8M |
|
82
PUT
Meta Platforms (Facebook)
META
$1.56T
| $174M | 0.21% |
977,900
+639,400
| +189% | +$122M |
|
|
EA
83
DELISTED
Electronic Arts
EA
| $173M | 0.21% |
1,771,108
-1,633,065
| -48% | -$153M |
|
84
Shopify
SHOP
$172B
| $172M | 0.21% |
5,518,870
+736,350
| +15% | +$25.2M |
|
85
Snap
SNAP
$9.18B
| $170M | 0.21% |
10,778,346
+6,323,754
| +142% | +$101M |
|
86
Baidu
BIDU
$31B
| $170M | 0.21% |
1,653,069
+76,495
| +5% | +$8.22M |
|
87
Steel Dynamics
STLD
$34.5B
| $168M | 0.21% |
5,645,305
+623,409
| +12% | +$18.4M |
|
88
Veeva Systems
VEEV
$43.1B
| $167M | 0.21% |
1,095,493
-11,072
| -1% | -$1.78M |
|
89
Allison Transmission
ALSN
$10.8B
| $165M | 0.2% |
3,501,296
+145,992
| +4% | +$6.62M |
|
90
EOG Resources
EOG
$76.8B
| $165M | 0.2% |
2,219,495
+1,172,401
| +112% | +$95M |
|
91
Mondelez International
MDLZ
$77.9B
| $164M | 0.2% |
2,973,099
-800,770
| -21% | -$43.8M |
|
92
JPMorgan Chase
JPM
$944B
| $163M | 0.2% |
1,384,323
+939,829
| +211% | +$106M |
|
93
Boeing
BA
$170B
| $162M | 0.2% |
425,396
+340,541
| +401% | +$122M |
|
94
PUT
Micron Technology
MU
$1.15T
| $161M | 0.2% |
3,767,300
-681,800
| -15% | -$30.8M |
|
95
CALL
Apple
AAPL
$4.61T
| $160M | 0.2% |
2,864,800
+1,304,400
| +84% | +$68.2M |
|
|
ALXN
96
DELISTED
Alexion Pharmaceuticals
ALXN
| $160M | 0.2% |
1,636,801
+1,372,387
| +519% | +$155M |
|
|
97
CALL
Citigroup
C
$230B
| $160M | 0.2% |
2,314,300
+556,900
| +32% | +$37.9M |
|
|
COUP
98
DELISTED
Coupa Software Incorporated
COUP
| $160M | 0.2% |
1,231,892
+519,030
| +73% | +$71.9M |
|
99
CALL
Alphabet (Google) Class A
GOOGL
$4.12T
| $159M | 0.2% |
2,606,000
+1,000,000
| +62% | +$59.2M |
|
100
State Street SPDR S&P 500 ETF Trust
SPY
$812B
| $159M | 0.2% |
535,139
+158,303
| +42% | +$46.8M |
|
Similar funds
D.E. Shaw & Co's Q3 2019 Portfolio in Review
As of Q3 2019, D.E. Shaw & Co held 4,189 positions worth $81.2B, up 1.3% from $80.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co withdrew a net $3.14B in Q3 2019, closing 422 positions and reducing 1,391 holdings. Its most notable exit was Anadarko Petroleum, an estimated $567M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 26% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $310M.
- D.E. Shaw & Co's largest Q3 2019 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 3,554,658 shares worth $310M.
- D.E. Shaw & Co added most to PayPal in Q3 2019, an estimated $354M increase.
- D.E. Shaw & Co's biggest Q3 2019 reduction was Fidelity National Information Services, cutting an estimated $410M.
- D.E. Shaw & Co fully exited Anadarko Petroleum in Q3 2019, selling an estimated $567M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $81.2B portfolio in Q3 2019.
- D.E. Shaw & Co opened 550 new positions and closed 422 in Q3 2019.
- D.E. Shaw & Co's portfolio value rose 1.3% quarter-over-quarter to $81.2B.
Based on D.E. Shaw & Co's 13F filing for Q3 2019, filed 14 Nov 2019.