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 | |
|---|---|---|---|---|---|---|
1951
CALL
BJ's Restaurants
BJRI
$1.45B
| $2.66M | ﹤0.01% |
36,800
+21,800
| +145% | +$1.46M |
|
1952
SEACOR Marine Holdings
SMHI
$217M
| $2.65M | ﹤0.01% |
117,285
+9,776
| +9% | +$214K |
|
1953
Albemarle
ALB
$13.3B
| $2.65M | ﹤0.01% |
26,588
+14,031
| +112% | +$1.36M |
|
1954
Inovio Pharmaceuticals
INO
$82.3M
| $2.65M | ﹤0.01% |
39,700
+26,084
| +192% | +$1.45M |
|
1955
PUT
Kinder Morgan
KMI
$70.7B
| $2.65M | ﹤0.01% |
149,400
-18,900
| -11% | -$338K |
|
1956
IDT Corp
IDT
$1.68B
| $2.64M | ﹤0.01% |
495,065
+78,854
| +19% | +$422K |
|
|
OXFD
1957
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $2.64M | ﹤0.01% |
162,776
+42,718
| +36% | +$611K |
|
|
MBFI
1958
DELISTED
MB Financial Corp
MBFI
| $2.64M | ﹤0.01% |
57,248
-9,860
| -15% | -$474K |
|
|
CXP
1959
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $2.64M | ﹤0.01% |
111,584
-125,142
| -53% | -$2.91M |
|
1960
Universal Corp
UVV
$1.37B
| $2.63M | ﹤0.01% |
40,508
-90,115
| -69% | -$5.74M |
|
1961
PUT
Papa John's
PZZA
$1.03B
| $2.63M | ﹤0.01% |
+51,200
| New | +$2.37M |
|
|
YELL
1962
DELISTED
Yellow Corporation Common Stock
YELL
| $2.62M | ﹤0.01% |
291,893
-85,642
| -23% | -$831K |
|
1963
PUT
Brighthouse Financial
BHF
$3.66B
| $2.62M | ﹤0.01% |
+59,200
| New | +$2.49M |
|
1964
AMC Entertainment Holdings
AMC
$2.42B
| $2.62M | ﹤0.01% |
+12,771
| New | +$2.31M |
|
|
BBT
1965
Beacon Financial Corp
BBT
$2.52B
| $2.62M | ﹤0.01% |
64,290
-49,513
| -44% | -$2.06M |
|
1966
Digi International
DGII
$2.51B
| $2.61M | ﹤0.01% |
194,075
-51,549
| -21% | -$685K |
|
|
TTM
1967
CALL
DELISTED
Tata Motors Limited
TTM
| $2.61M | ﹤0.01% |
169,900
+109,400
| +181% | +$2.01M |
|
|
WFT
1968
PUT
DELISTED
Weatherford International plc
WFT
| $2.6M | ﹤0.01% |
961,000
-45,000
| -4% | -$132K |
|
1969
Atlanta Braves Holdings Series B
BATRK
$3.28B
| $2.58M | ﹤0.01% |
94,836
+39,750
| +72% | +$1.04M |
|
1970
Erie Indemnity
ERIE
$12.6B
| $2.58M | ﹤0.01% |
20,237
-294
| -1% | -$36.5K |
|
1971
CALL
Tractor Supply
TSCO
$16.7B
| $2.58M | ﹤0.01% |
142,000
| – | – |
|
|
BOLD
1972
DELISTED
Audentes Therapeutics, Inc
BOLD
| $2.58M | ﹤0.01% |
65,112
-14,419
| -18% | -$537K |
|
1973
Altisource Portfolio Solutions
ASPS
$58.5M
| $2.58M | ﹤0.01% |
9,993
-3,114
| -24% | -$847K |
|
1974
CALL
Weibo
WB
$1.95B
| $2.57M | ﹤0.01% |
35,200
| – | – |
|
1975
United Rentals
URI
$68.4B
| $2.57M | ﹤0.01% |
15,703
-18,896
| -55% | -$2.94M |
|
Similar funds
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.