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 | |
|---|---|---|---|---|---|---|
|
XCRA
2001
DELISTED
Xcerra Corporation
XCRA
| $2.3M | ﹤0.01% |
235,101
+46,420
| +25% | +$458K |
|
2002
Madrigal Pharmaceuticals
MDGL
$12.7B
| $2.29M | ﹤0.01% |
+24,992
| New | +$1.43M |
|
|
ABB
2003
DELISTED
ABB Ltd
ABB
| $2.29M | ﹤0.01% |
85,344
-60,172
| -41% | -$1.55M |
|
2004
CALL
Zillow
Z
$7.32B
| $2.29M | ﹤0.01% |
55,900
| – | – |
|
|
GSS
2005
DELISTED
Golden Star Resources Ltd.
GSS
| $2.29M | ﹤0.01% |
513,477
-155,252
| -23% | -$628K |
|
|
LNW
2006
CALL
DELISTED
Light & Wonder
LNW
| $2.28M | ﹤0.01% |
44,500
+2,500
| +6% | +$122K |
|
2007
PUT
ServiceNow
NOW
$109B
| $2.28M | ﹤0.01% |
+87,500
| New | +$2.18M |
|
2008
Check Point Software Technologies
CHKP
$13.6B
| $2.27M | ﹤0.01% |
21,945
-54,171
| -71% | -$5.88M |
|
|
AUTO
2009
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $2.27M | ﹤0.01% |
252,240
+412
| +0.2% | +$3.37K |
|
2010
AGCO
AGCO
$8.71B
| $2.27M | ﹤0.01% |
31,764
-5,498
| -15% | -$392K |
|
|
HDP
2011
DELISTED
Hortonworks, Inc.
HDP
| $2.27M | ﹤0.01% |
112,686
-35,686
| -24% | -$655K |
|
|
HIMX
2012
Himax Technologies
HIMX
$2.22B
| $2.26M | ﹤0.01% |
217,146
-13,520
| -6% | -$147K |
|
2013
Cerus
CERS
$615M
| $2.26M | ﹤0.01% |
668,595
+194,397
| +41% | +$658K |
|
|
GAP
2014
CALL
The Gap Inc
GAP
$7.07B
| $2.26M | ﹤0.01% |
66,300
-600
| -0.9% | -$17.9K |
|
|
VRE
2015
DELISTED
Veris Residential
VRE
| $2.25M | ﹤0.01% |
104,451
+84,888
| +434% | +$1.91M |
|
2016
ATN International
ATNI
$364M
| $2.25M | ﹤0.01% |
40,735
-18,754
| -32% | -$1.03M |
|
2017
AppFolio
APPF
$5.98B
| $2.25M | ﹤0.01% |
54,189
+23,030
| +74% | +$1.03M |
|
|
PBPB
2018
DELISTED
Potbelly
PBPB
| $2.25M | ﹤0.01% |
182,596
+51,564
| +39% | +$633K |
|
2019
Axalta
AXTA
$7.22B
| $2.25M | ﹤0.01% |
69,379
-380,186
| -85% | -$12M |
|
2020
MasterCraft Boat Holdings
MCFT
$602M
| $2.24M | ﹤0.01% |
100,975
+32,400
| +47% | +$730K |
|
|
RGC
2021
DELISTED
Regal Entertainment Group
RGC
| $2.24M | ﹤0.01% |
+97,505
| New | +$1.8M |
|
2022
Ally Financial
ALLY
$13.3B
| $2.24M | ﹤0.01% |
+76,842
| New | +$2.04M |
|
2023
Oshkosh
OSK
$9.66B
| $2.24M | ﹤0.01% |
24,653
+10,087
| +69% | +$884K |
|
2024
Atlanta Braves Holdings Series B
BATRK
$3.25B
| $2.23M | ﹤0.01% |
100,541
-106,757
| -51% | -$2.5M |
|
2025
PUT
Vodafone
VOD
$36.4B
| $2.23M | ﹤0.01% |
70,000
-6,300
| -8% | -$189K |
|
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.