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 |
Comcast
CMCSA
|
+$354M |
| 2 |
Wells Fargo
WFC
|
+$274M |
| 3 |
IBM
IBM
|
+$266M |
| 4 |
Qualcomm
QCOM
|
+$257M |
| 5 |
Mondelez International
MDLZ
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$356M |
| 2 |
PayPal
PYPL
|
+$290M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$261M |
| 4 |
NVIDIA
NVDA
|
+$248M |
| 5 |
AABA
Altaba Inc
AABA
|
+$245M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.61% |
| 2 | Healthcare | 10.26% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Financials | 8.17% |
| 5 | Communication Services | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
RTX Corp
RTX
$287B
| $136M | 0.21% |
1,856,913
-410,703
| -18% | -$30.4M |
|
102
Berkshire Hathaway Class B
BRK.B
$1.07T
| $135M | 0.21% |
734,471
-425,378
| -37% | -$75.2M |
|
103
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $133M | 0.2% |
1,501,583
+158,000
| +12% | +$13.9M |
|
104
American Tower
AMT
$77.7B
| $132M | 0.2% |
969,207
+303,524
| +46% | +$42.3M |
|
105
XPO
XPO
$25B
| $132M | 0.2% |
5,633,112
+1,816,053
| +48% | +$38M |
|
106
Phillips 66
PSX
$82.9B
| $132M | 0.2% |
1,436,333
-458,862
| -24% | -$38.9M |
|
107
PUT
GE Aerospace
GE
$367B
| $131M | 0.2% |
1,131,595
+798,278
| +239% | +$96.5M |
|
108
Bank of America
BAC
$435B
| $131M | 0.2% |
5,167,790
+969,102
| +23% | +$23.5M |
|
109
PG&E
PCG
$47.8B
| $131M | 0.2% |
1,916,946
+851,028
| +80% | +$58.3M |
|
110
EQT Corp
EQT
$33.2B
| $130M | 0.2% |
3,662,091
-1,120,849
| -23% | -$38.1M |
|
|
PPLI
111
People Inc
PPLI
$3.1B
| $130M | 0.2% |
6,176,759
-153,857
| -2% | -$2.99M |
|
112
CALL
AutoZone
AZO
$48.3B
| $127M | 0.2% |
214,200
+35,500
| +20% | +$18.9M |
|
113
Ashland
ASH
$3.04B
| $126M | 0.19% |
1,927,253
+1,077,110
| +127% | +$68.6M |
|
114
Electronic Arts
EA
$52.4B
| $126M | 0.19% |
1,065,501
-665,942
| -38% | -$77.1M |
|
115
PUT
Citigroup
C
$222B
| $126M | 0.19% |
1,727,400
+376,700
| +28% | +$25.7M |
|
116
Fortive
FTV
$19B
| $126M | 0.19% |
2,812,020
+415,350
| +17% | +$17.3M |
|
117
CALL
Netflix
NFLX
$292B
| $124M | 0.19% |
6,850,000
+1,690,000
| +33% | +$29.5M |
|
118
Eli Lilly
LLY
$1.07T
| $123M | 0.19% |
1,439,347
-990,033
| -41% | -$81.2M |
|
119
Procter & Gamble
PG
$343B
| $123M | 0.19% |
1,349,255
-655,655
| -33% | -$59.7M |
|
120
Cigna
CI
$76.6B
| $122M | 0.19% |
654,825
-362,515
| -36% | -$64.5M |
|
121
Genpact
G
$5.3B
| $122M | 0.19% |
4,254,572
+73,823
| +2% | +$2.1M |
|
122
CALL
JPMorgan Chase
JPM
$939B
| $122M | 0.19% |
1,277,200
-331,100
| -21% | -$30.5M |
|
123
Owens Corning
OC
$11.5B
| $121M | 0.19% |
1,567,124
+22,504
| +1% | +$1.57M |
|
124
Union Pacific
UNP
$182B
| $119M | 0.18% |
1,028,161
-887,740
| -46% | -$95.2M |
|
|
GXP
125
DELISTED
Great Plains Energy Incorporated
GXP
| $119M | 0.18% |
3,928,685
+2,064,856
| +111% | +$63.2M |
|
Similar funds
D.E. Shaw & Co's Q3 2017 Portfolio in Review
As of Q3 2017, D.E. Shaw & Co held 3,794 positions worth $65.1B, up 7.7% from $60.5B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
D.E. Shaw & Co's Q3 2017 filing shows 469 new, 1,367 increased, 1,237 reduced and 370 closed positions. Its largest new stake was Baker Hughes: 3,076,914 shares worth $113M. The largest sale was Gilead Sciences, an estimated $356M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- D.E. Shaw & Co's largest Q3 2017 buy was Baker Hughes: 3,076,914 shares worth $113M.
- D.E. Shaw & Co added most to Comcast in Q3 2017, an estimated $354M increase.
- D.E. Shaw & Co's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $356M.
- D.E. Shaw & Co fully exited Mobileye N.V. in Q3 2017, selling an estimated $72.4M.
- D.E. Shaw & Co's ten largest holdings make up 9.6% of its $65.1B portfolio in Q3 2017.
- D.E. Shaw & Co opened 469 new positions and closed 370 in Q3 2017.
- D.E. Shaw & Co's portfolio value rose 7.7% quarter-over-quarter to $65.1B.
Based on D.E. Shaw & Co's 13F filing for Q3 2017, filed 14 Nov 2017.