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 |
GE Aerospace
GE
|
+$570M |
| 2 |
Meta Platforms (Facebook)
META
|
+$469M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$342M |
| 4 |
Merck
MRK
|
+$322M |
| 5 |
MON
Monsanto Co
MON
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$434M |
| 2 |
Netflix
NFLX
|
+$301M |
| 3 |
Alibaba
BABA
|
+$245M |
| 4 |
Verizon
VZ
|
+$235M |
| 5 |
Tesla
TSLA
|
+$230M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.27% |
| 2 | Healthcare | 11.28% |
| 3 | Consumer Discretionary | 8.99% |
| 4 | Communication Services | 8.03% |
| 5 | Industrials | 7.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
St. Joe Company
JOE
$3.57B
| $3.6M | 0.01% |
199,510
+145,599
| +270% | +$2.69M |
|
|
KLDX
1677
DELISTED
KLONDEX MINES LTD
KLDX
| $3.6M | 0.01% |
1,385,231
+662,566
| +92% | +$1.9M |
|
1678
Coherent
COHR
$47.6B
| $3.59M | ﹤0.01% |
76,502
-218,647
| -74% | -$9.82M |
|
|
ALXN
1679
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $3.59M | ﹤0.01% |
+30,000
| New | +$3.65M |
|
1680
PUT
Nucor
NUE
$60.5B
| $3.59M | ﹤0.01% |
56,400
-2,300
| -4% | -$135K |
|
1681
Hecla Mining
HL
$9.76B
| $3.58M | ﹤0.01% |
+902,591
| New | +$3.92M |
|
1682
Rogers Corp
ROG
$2.13B
| $3.58M | ﹤0.01% |
22,086
-20,254
| -48% | -$3.05M |
|
1683
Stanley Black & Decker
SWK
$14.6B
| $3.58M | ﹤0.01% |
21,067
+7,823
| +59% | +$1.28M |
|
1684
Genworth Financial
GNW
$3.85B
| $3.57M | ﹤0.01% |
1,148,400
+704,534
| +159% | +$2.44M |
|
1685
Kosmos Energy
KOS
$1.39B
| $3.57M | ﹤0.01% |
521,319
+91,157
| +21% | +$694K |
|
1686
Capitol Federal Financial
CFFN
$1.09B
| $3.57M | ﹤0.01% |
266,110
+47,487
| +22% | +$666K |
|
1687
CALL
Travelers Companies
TRV
$82.9B
| $3.57M | ﹤0.01% |
26,300
+100
| +0.4% | +$13.2K |
|
1688
McCormick & Company Non-Voting
MKC
$13.9B
| $3.56M | ﹤0.01% |
69,772
-243,170
| -78% | -$12.1M |
|
1689
Lear
LEA
$7.45B
| $3.54M | ﹤0.01% |
20,037
-148,594
| -88% | -$26.1M |
|
|
PARA
1690
PUT
DELISTED
Paramount Global Class B
PARA
| $3.54M | ﹤0.01% |
+60,000
| New | +$3.45M |
|
1691
Oceaneering
OII
$4.78B
| $3.53M | ﹤0.01% |
167,164
-232,675
| -58% | -$4.95M |
|
1692
Valley National Bancorp
VLY
$8.01B
| $3.53M | ﹤0.01% |
314,450
+303,050
| +2,658% | +$3.51M |
|
1693
PUT
Ambarella
AMBA
$3.03B
| $3.52M | ﹤0.01% |
60,000
-5,700
| -9% | -$317K |
|
|
HT
1694
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $3.52M | ﹤0.01% |
202,279
+98,440
| +95% | +$1.76M |
|
|
ITG
1695
DELISTED
Investment Technology Group Inc
ITG
| $3.52M | ﹤0.01% |
182,783
+122,070
| +201% | +$2.47M |
|
|
THR
1696
DELISTED
Thermon Group Holdings
THR
| $3.52M | ﹤0.01% |
148,486
+32,915
| +28% | +$719K |
|
|
SIVB
1697
CALL
DELISTED
SVB Financial Group
SIVB
| $3.51M | ﹤0.01% |
+15,000
| New | +$3.2M |
|
1698
Benchmark Electronics
BHE
$2.76B
| $3.51M | ﹤0.01% |
120,491
+56,616
| +89% | +$1.76M |
|
|
SYKE
1699
DELISTED
SYKES Enterprises Inc
SYKE
| $3.51M | ﹤0.01% |
111,472
-8,240
| -7% | -$248K |
|
1700
Orion
OEC
$400M
| $3.5M | ﹤0.01% |
+136,892
| New | +$3.24M |
|
Similar funds
D.E. Shaw & Co's Q4 2017 Portfolio in Review
As of Q4 2017, D.E. Shaw & Co held 3,940 positions worth $72.6B, up 12% from $65.1B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
D.E. Shaw & Co deployed $3.73B of net new capital in Q4 2017, opening 507 new positions and adding to 1,441 existing holdings. Its largest new stake was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $434M trimmed.
- D.E. Shaw & Co's largest Q4 2017 buy was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
- D.E. Shaw & Co added most to GE Aerospace in Q4 2017, an estimated $570M increase.
- D.E. Shaw & Co's biggest Q4 2017 reduction was Apple, cutting an estimated $434M.
- D.E. Shaw & Co fully exited Tesla in Q4 2017, selling an estimated $230M.
- D.E. Shaw & Co's ten largest holdings make up 9.5% of its $72.6B portfolio in Q4 2017.
- D.E. Shaw & Co opened 507 new positions and closed 394 in Q4 2017.
- D.E. Shaw & Co's portfolio value rose 12% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2017, filed 14 Feb 2018.