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 | |
|---|---|---|---|---|---|---|
1951
CALL
Howard Hughes
HHH
$3.93B
| $2.44M | ﹤0.01% |
19,511
-2,098
| -10% | -$250K |
|
1952
Triumph Financial Inc
TFIN
$1.8B
| $2.44M | ﹤0.01% |
77,481
+28,122
| +57% | +$888K |
|
1953
Wipro
WIT
$19.2B
| $2.43M | ﹤0.01% |
1,186,515
-30,285
| -2% | -$60.5K |
|
1954
STAG Industrial
STAG
$7.82B
| $2.43M | ﹤0.01% |
89,039
+81,505
| +1,082% | +$2.28M |
|
1955
CALL
Exelixis
EXEL
$14B
| $2.43M | ﹤0.01% |
80,000
-100
| -0.1% | -$2.66K |
|
1956
Huazhu Hotels Group
HTHT
$13.3B
| $2.43M | ﹤0.01% |
+67,364
| New | +$2.13M |
|
|
VIVO
1957
DELISTED
Meridian Bioscience Inc
VIVO
| $2.43M | ﹤0.01% |
173,633
+123,155
| +244% | +$1.8M |
|
|
BIVV
1958
CALL
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $2.43M | ﹤0.01% |
45,050
| – | – |
|
|
LL
1959
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.43M | ﹤0.01% |
77,300
-5,000
| -6% | -$158K |
|
|
STOR
1960
DELISTED
STORE Capital Corporation
STOR
| $2.42M | ﹤0.01% |
93,035
+30,120
| +48% | +$771K |
|
|
ANSS
1961
CALL
DELISTED
Ansys
ANSS
| $2.42M | ﹤0.01% |
+16,400
| New | +$2.32M |
|
|
JWN
1962
DELISTED
Nordstrom
JWN
| $2.42M | ﹤0.01% |
51,070
-15,328
| -23% | -$660K |
|
1963
Orion Group Holdings
ORN
$467M
| $2.42M | ﹤0.01% |
308,916
-13,569
| -4% | -$101K |
|
1964
PUT
Oracle
ORCL
$332B
| $2.41M | ﹤0.01% |
51,000
-19,900
| -28% | -$976K |
|
|
CHS
1965
DELISTED
Chicos FAS, Inc.
CHS
| $2.41M | ﹤0.01% |
+273,136
| New | +$2.27M |
|
|
USCR
1966
PUT
DELISTED
U S Concrete, Inc.
USCR
| $2.41M | ﹤0.01% |
28,800
-1,400
| -5% | -$110K |
|
1967
CALL
Wayfair
W
$12.5B
| $2.41M | ﹤0.01% |
30,000
| – | – |
|
1968
Ingredion
INGR
$6.56B
| $2.41M | ﹤0.01% |
17,220
+31
| +0.2% | +$4.09K |
|
|
TLND
1969
DELISTED
Talend S.A. American Depositary Shares
TLND
| $2.41M | ﹤0.01% |
+64,226
| New | +$2.62M |
|
1970
CALL
Regions Financial
RF
$26.5B
| $2.4M | ﹤0.01% |
139,200
| – | – |
|
1971
Avient
AVNT
$3.49B
| $2.4M | ﹤0.01% |
55,267
+2,512
| +5% | +$110K |
|
1972
iShares US Real Estate ETF
IYR
$4.79B
| $2.4M | ﹤0.01% |
+29,676
| New | +$2.41M |
|
1973
CALL
Advanced Micro Devices
AMD
$726B
| $2.4M | ﹤0.01% |
233,600
-642,300
| -73% | -$7.51M |
|
1974
Nabors Industries
NBR
$1.15B
| $2.4M | ﹤0.01% |
7,019
-16,801
| -71% | -$5.35M |
|
1975
Public Storage
PSA
$62.3B
| $2.39M | ﹤0.01% |
11,452
+2,144
| +23% | +$453K |
|
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.