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 |
Bank of America
BAC
|
+$327M |
| 2 |
Netflix
NFLX
|
+$275M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$219M |
| 4 |
Citigroup
C
|
+$211M |
| 5 |
Merck
MRK
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$558M |
| 2 |
ONXX
ONYX PHARMACEUTICALS INC
ONXX
|
+$259M |
| 3 |
Meta Platforms (Facebook)
META
|
+$252M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 5 |
IBM
IBM
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.41% |
| 2 | Technology | 6.9% |
| 3 | Consumer Discretionary | 6.89% |
| 4 | Communication Services | 6.41% |
| 5 | Healthcare | 6.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Sumitomo Mitsui Financial
SMFG
$163B
| $3.5M | ﹤0.01% |
333,205
+84,434
| +34% | +$840K |
|
1977
PUT
Public Storage
PSA
$61.7B
| $3.49M | ﹤0.01% |
23,200
+10,600
| +84% | +$1.69M |
|
1978
Western Digital
WDC
$160B
| $3.49M | ﹤0.01% |
54,972
+43,221
| +368% | +$2.41M |
|
|
ESL
1979
DELISTED
Esterline Technologies
ESL
| $3.48M | ﹤0.01% |
34,183
-77,147
| -69% | -$6.59M |
|
1980
Manhattan Associates
MANH
$9.95B
| $3.48M | ﹤0.01% |
118,636
+107,568
| +972% | +$2.96M |
|
|
CSC
1981
PUT
DELISTED
Computer Sciences
CSC
| $3.48M | ﹤0.01% |
147,838
| – | – |
|
1982
CALL
HF Sinclair
DINO
$16.1B
| $3.48M | ﹤0.01% |
70,000
+50,000
| +250% | +$2.28M |
|
1983
Unifirst Corp
UNF
$5.43B
| $3.47M | ﹤0.01% |
32,461
+2,008
| +7% | +$205K |
|
1984
CALL
Tyler Technologies
TYL
$13.7B
| $3.47M | ﹤0.01% |
34,000
-11,100
| -25% | -$1.08M |
|
1985
CALL
Agilent Technologies
A
$39.7B
| $3.47M | ﹤0.01% |
84,859
-24,884
| -23% | -$946K |
|
1986
CALL
Williams Companies
WMB
$85.8B
| $3.47M | ﹤0.01% |
90,000
-1,000
| -1% | -$36K |
|
1987
Navigator Holdings
NVGS
$1.34B
| $3.46M | ﹤0.01% |
+128,459
| New | +$2.99M |
|
1988
CALL
Methanex
MEOH
$4.12B
| $3.45M | ﹤0.01% |
58,300
+9,300
| +19% | +$537K |
|
1989
CALL
Whirlpool
WHR
$2.49B
| $3.45M | ﹤0.01% |
22,000
-38,000
| -63% | -$5.57M |
|
1990
Dillards
DDS
$9.2B
| $3.44M | ﹤0.01% |
35,442
+19,050
| +116% | +$1.65M |
|
1991
PUT
Broadridge
BR
$18.3B
| $3.44M | ﹤0.01% |
87,000
+60,100
| +223% | +$2.17M |
|
1992
CALL
Consolidated Edison
ED
$41.3B
| $3.43M | ﹤0.01% |
62,100
| – | – |
|
1993
Rio Tinto
RIO
$149B
| $3.42M | ﹤0.01% |
60,664
-110,665
| -65% | -$5.76M |
|
|
CAVM
1994
DELISTED
Cavium, Inc.
CAVM
| $3.42M | ﹤0.01% |
+98,996
| New | +$3.71M |
|
|
1995
CALL
Dillards
DDS
$9.2B
| $3.41M | ﹤0.01% |
35,100
+10,100
| +40% | +$875K |
|
|
INWK
1996
DELISTED
InnerWorkings, Inc.
INWK
| $3.41M | ﹤0.01% |
437,827
+282,221
| +181% | +$2.28M |
|
1997
CALL
Owens Corning
OC
$11.5B
| $3.41M | ﹤0.01% |
83,700
-50,000
| -37% | -$1.9M |
|
|
COV
1998
CALL
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $3.4M | ﹤0.01% |
+50,000
| New | +$3.25M |
|
1999
Calix
CALX
$2.34B
| $3.4M | ﹤0.01% |
352,992
-72,989
| -17% | -$781K |
|
2000
PUT
Williams-Sonoma
WSM
$27.8B
| $3.4M | ﹤0.01% |
116,600
+11,000
| +10% | +$308K |
|
Similar funds
D.E. Shaw & Co's Q4 2013 Portfolio in Review
As of Q4 2013, D.E. Shaw & Co held 4,972 positions worth $73.3B, up 17% from $62.7B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co deployed $3.59B of net new capital in Q4 2013, opening 721 new positions and adding to 1,786 existing holdings. Its largest new stake was Allegion: 2,233,249 shares worth $98.7M.
By sector, the portfolio is most concentrated in Financials at 7.4% of assets, up from 6.8% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $252M trimmed.
- D.E. Shaw & Co's largest Q4 2013 buy was Allegion: 2,233,249 shares worth $98.7M.
- D.E. Shaw & Co added most to Bank of America in Q4 2013, an estimated $327M increase.
- D.E. Shaw & Co's biggest Q4 2013 reduction was Meta Platforms (Facebook), cutting an estimated $252M.
- D.E. Shaw & Co fully exited DELL INC in Q4 2013, selling an estimated $558M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $73.3B portfolio in Q4 2013.
- D.E. Shaw & Co opened 721 new positions and closed 549 in Q4 2013.
- D.E. Shaw & Co's portfolio value rose 17% quarter-over-quarter to $73.3B.
Based on D.E. Shaw & Co's 13F filing for Q4 2013, filed 14 Feb 2014.