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 | |
|---|---|---|---|---|---|---|
|
RYZ
1726
Ryerson Holding Corp
RYZ
$1.61B
| $3.38M | ﹤0.01% |
324,491
-62,874
| -16% | -$586K |
|
1727
CALL
Madison Square Garden
MSGS
$9.58B
| $3.37M | ﹤0.01% |
22,432
+7,711
| +52% | +$1.19M |
|
1728
Perrigo
PRGO
$1.43B
| $3.35M | ﹤0.01% |
38,465
+30,854
| +405% | +$2.65M |
|
|
TLRD
1729
DELISTED
Tailored Brands, Inc.
TLRD
| $3.35M | ﹤0.01% |
+153,532
| New | +$2.58M |
|
1730
PUT
Coca-Cola
KO
$380B
| $3.35M | ﹤0.01% |
72,900
-47,100
| -39% | -$2.17M |
|
1731
Starbucks
SBUX
$118B
| $3.33M | ﹤0.01% |
57,988
-29,996
| -34% | -$1.7M |
|
|
CCMP
1732
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $3.33M | ﹤0.01% |
35,338
-13,104
| -27% | -$1.21M |
|
1733
Vera Bradley
VRA
$104M
| $3.32M | ﹤0.01% |
272,923
+100,670
| +58% | +$908K |
|
|
RUTH
1734
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.32M | ﹤0.01% |
153,360
-12,518
| -8% | -$263K |
|
1735
CALL
Cognex
CGNX
$10B
| $3.31M | ﹤0.01% |
54,200
+45,200
| +502% | +$2.88M |
|
1736
First Merchants
FRME
$2.74B
| $3.31M | ﹤0.01% |
78,654
-13,263
| -14% | -$566K |
|
1737
Belden
BDC
$4.09B
| $3.3M | ﹤0.01% |
42,713
+7,975
| +23% | +$659K |
|
1738
Gran Tierra Energy
GTE
$226M
| $3.29M | ﹤0.01% |
122,020
+7,332
| +6% | +$164K |
|
1739
Strategic Education
STRA
$1.84B
| $3.28M | ﹤0.01% |
36,647
+9,363
| +34% | +$865K |
|
1740
CALL
Celanese
CE
$4.77B
| $3.28M | ﹤0.01% |
+30,600
| New | +$3.25M |
|
1741
MYR Group
MYRG
$5.31B
| $3.27M | ﹤0.01% |
91,444
-15,313
| -14% | -$508K |
|
|
TIME
1742
DELISTED
Time Inc.
TIME
| $3.27M | ﹤0.01% |
176,941
-21,320
| -11% | -$319K |
|
|
USAK
1743
DELISTED
USA Truck Inc
USAK
| $3.26M | ﹤0.01% |
180,041
+45,257
| +34% | +$732K |
|
|
AAT
1744
American Assets Trust
AAT
$1.48B
| $3.26M | ﹤0.01% |
85,331
-44,479
| -34% | -$1.75M |
|
1745
PUT
Parker-Hannifin
PH
$125B
| $3.25M | ﹤0.01% |
16,300
-30,800
| -65% | -$5.73M |
|
|
EXTN
1746
DELISTED
Exterran Corporation
EXTN
| $3.25M | ﹤0.01% |
103,214
+2,500
| +2% | +$77.3K |
|
1747
Popular Inc
BPOP
$11.1B
| $3.24M | ﹤0.01% |
91,335
-446,082
| -83% | -$15.4M |
|
1748
PUT
Goodyear
GT
$2.12B
| $3.24M | ﹤0.01% |
100,300
+75,300
| +301% | +$2.39M |
|
1749
CALL
Rogers Corp
ROG
$2.13B
| $3.24M | ﹤0.01% |
20,000
+4,500
| +29% | +$678K |
|
1750
PUT
Credit Acceptance
CACC
$5.84B
| $3.23M | ﹤0.01% |
10,000
-10,000
| -50% | -$2.97M |
|
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.