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 |
AT&T
T
|
+$501M |
| 2 |
Booking.com
BKNG
|
+$470M |
| 3 |
Qualcomm
QCOM
|
+$398M |
| 4 |
Chevron
CVX
|
+$268M |
| 5 |
Meta Platforms (Facebook)
META
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$914M |
| 2 |
Netflix
NFLX
|
+$305M |
| 3 |
Johnson & Johnson
JNJ
|
+$244M |
| 4 |
McDonald's
MCD
|
+$241M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.56% |
| 2 | Consumer Discretionary | 12.42% |
| 3 | Healthcare | 10.21% |
| 4 | Financials | 8.66% |
| 5 | Industrials | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Willis Towers Watson
WTW
$27.9B
| $166M | 0.2% |
1,179,377
-2,518
| -0.2% | -$381K |
|
102
CSX Corp
CSX
$98.6B
| $166M | 0.2% |
6,708,027
+4,377,864
| +188% | +$104M |
|
103
Capri Holdings
CPRI
$1.77B
| $165M | 0.2% |
2,407,813
+808,460
| +51% | +$56.6M |
|
|
CLR
104
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $164M | 0.2% |
2,402,256
+112,650
| +5% | +$7.11M |
|
105
Allison Transmission
ALSN
$10.1B
| $160M | 0.19% |
3,082,870
-260,903
| -8% | -$12.2M |
|
106
Royal Caribbean
RCL
$78.7B
| $157M | 0.19% |
1,210,284
+205,077
| +20% | +$24M |
|
107
Eli Lilly
LLY
$1.07T
| $157M | 0.19% |
1,465,435
-487,282
| -25% | -$48.7M |
|
108
Biogen
BIIB
$29.9B
| $157M | 0.19% |
443,831
+108,002
| +32% | +$37.2M |
|
109
Kraft Heinz
KHC
$30.4B
| $157M | 0.19% |
2,841,603
+1,785,880
| +169% | +$107M |
|
110
PUT
Alibaba
BABA
$269B
| $156M | 0.19% |
947,900
+410,400
| +76% | +$72.6M |
|
111
Gilead Sciences
GILD
$161B
| $154M | 0.18% |
1,989,660
+759,460
| +62% | +$57.4M |
|
112
JPMorgan Chase
JPM
$939B
| $151M | 0.18% |
1,341,723
-343,149
| -20% | -$39M |
|
113
Las Vegas Sands
LVS
$30.5B
| $151M | 0.18% |
2,547,300
+1,637,423
| +180% | +$110M |
|
114
Insulet
PODD
$11.3B
| $151M | 0.18% |
1,424,979
-108,464
| -7% | -$10.2M |
|
115
Yelp
YELP
$1.38B
| $151M | 0.18% |
3,064,331
-688,076
| -18% | -$30.1M |
|
|
CZR
116
DELISTED
Caesars Entertainment Corporation
CZR
| $150M | 0.18% |
14,676,117
+476,117
| +3% | +$5.01M |
|
117
Electronic Arts
EA
$52.4B
| $150M | 0.18% |
1,245,725
-169,031
| -12% | -$21.8M |
|
118
M&T Bank
MTB
$36.2B
| $150M | 0.18% |
912,212
+316,259
| +53% | +$54.9M |
|
119
Hartford Financial Services
HIG
$38.5B
| $149M | 0.18% |
2,974,099
+2,333,997
| +365% | +$120M |
|
120
CALL
Tesla
TSLA
$1.24T
| $147M | 0.18% |
8,343,000
+1,545,000
| +23% | +$32.2M |
|
|
CLGX
121
DELISTED
Corelogic, Inc.
CLGX
| $147M | 0.18% |
2,976,844
-182,686
| -6% | -$9.31M |
|
122
PUT
Advanced Micro Devices
AMD
$851B
| $147M | 0.18% |
4,747,000
-667,900
| -12% | -$15.1M |
|
123
Progressive
PGR
$124B
| $146M | 0.18% |
2,051,817
-397,620
| -16% | -$25.6M |
|
124
Citizens Financial Group
CFG
$30.4B
| $145M | 0.17% |
3,770,561
-1,805,913
| -32% | -$72.8M |
|
125
Micron Technology
MU
$1.04T
| $145M | 0.17% |
3,201,673
+1,376,043
| +75% | +$69.4M |
|
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D.E. Shaw & Co's Q3 2018 Portfolio in Review
As of Q3 2018, D.E. Shaw & Co held 4,167 positions worth $83.2B, up 8.6% from $76.7B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
D.E. Shaw & Co's Q3 2018 filing shows 494 new, 1,413 increased, 1,463 reduced and 484 closed positions. Its largest new stake was Six Flags Entertainment Corp.: 850,069 shares worth $59.4M. The largest sale was Apple, an estimated $914M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2018 buy was Six Flags Entertainment Corp.: 850,069 shares worth $59.4M.
- D.E. Shaw & Co added most to AT&T in Q3 2018, an estimated $501M increase.
- D.E. Shaw & Co's biggest Q3 2018 reduction was Apple, cutting an estimated $914M.
- D.E. Shaw & Co fully exited RH in Q3 2018, selling an estimated $43.2M.
- D.E. Shaw & Co's ten largest holdings make up 9.5% of its $83.2B portfolio in Q3 2018.
- D.E. Shaw & Co opened 494 new positions and closed 484 in Q3 2018.
- D.E. Shaw & Co's portfolio value rose 8.6% quarter-over-quarter to $83.2B.
Based on D.E. Shaw & Co's 13F filing for Q3 2018, filed 14 Nov 2018.