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 |
PayPal
PYPL
|
+$354M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$309M |
| 3 |
Microsoft
MSFT
|
+$307M |
| 4 |
Automatic Data Processing
ADP
|
+$266M |
| 5 |
Citigroup
C
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$567M |
| 2 |
Fidelity National Information Services
FIS
|
+$410M |
| 3 |
Medtronic
MDT
|
+$359M |
| 4 |
Amazon
AMZN
|
+$297M |
| 5 |
ATVI
Activision Blizzard
ATVI
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.59% |
| 2 | Consumer Discretionary | 12.73% |
| 3 | Healthcare | 11.62% |
| 4 | Financials | 8.02% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Hancock Whitney
HWC
$6.19B
| $3.02M | ﹤0.01% |
78,934
-78,901
| -50% | -$3M |
|
|
TSG
2002
DELISTED
The Stars Group Inc.
TSG
| $3.02M | ﹤0.01% |
201,764
-222,701
| -52% | -$3.46M |
|
2003
TETRA Technologies
TTI
$1.08B
| $3.02M | ﹤0.01% |
1,502,896
-135,662
| -8% | -$233K |
|
2004
Voyager Therapeutics
VYGR
$181M
| $3.02M | ﹤0.01% |
175,386
-88,076
| -33% | -$1.85M |
|
|
ALXN
2005
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $3.02M | ﹤0.01% |
30,800
+20,000
| +185% | +$2.25M |
|
2006
United Parks & Resorts
PRKS
$2.19B
| $3.01M | ﹤0.01% |
114,366
-684,500
| -86% | -$20.8M |
|
|
MDCO
2007
CALL
DELISTED
Medicines Co
MDCO
| $3M | ﹤0.01% |
+60,000
| New | +$2.39M |
|
|
XLNX
2008
CALL
DELISTED
Xilinx Inc
XLNX
| $2.99M | ﹤0.01% |
31,200
+5,600
| +22% | +$613K |
|
|
CNR
2009
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.99M | ﹤0.01% |
493,784
-206,564
| -29% | -$1.13M |
|
2010
MidCap Financial Investment
MFIC
$801M
| $2.98M | ﹤0.01% |
185,157
-81,317
| -31% | -$1.33M |
|
2011
Darling Ingredients
DAR
$9.32B
| $2.97M | ﹤0.01% |
+155,376
| New | +$3.04M |
|
2012
Kura Oncology
KURA
$793M
| $2.97M | ﹤0.01% |
195,898
+113,894
| +139% | +$2.03M |
|
2013
PUT
Carvana
CVNA
$47.5B
| $2.97M | ﹤0.01% |
225,000
+150,000
| +200% | +$2.16M |
|
2014
Compañía de Cervecerías Unidas
CCU
$2.14B
| $2.95M | ﹤0.01% |
132,898
+77,613
| +140% | +$1.96M |
|
2015
CALL
Simon Property Group
SPG
$76.4B
| $2.94M | ﹤0.01% |
+18,900
| New | +$2.94M |
|
2016
SSR Mining
SSRM
$5.19B
| $2.94M | ﹤0.01% |
202,567
-183,031
| -47% | -$2.82M |
|
2017
Citi Trends
CTRN
$555M
| $2.94M | ﹤0.01% |
160,364
-56,134
| -26% | -$911K |
|
|
ESPR
2018
PUT
DELISTED
Esperion Therapeutics
ESPR
| $2.93M | ﹤0.01% |
80,000
+50,000
| +167% | +$1.98M |
|
2019
PUT
Inogen
INGN
$174M
| $2.93M | ﹤0.01% |
61,100
+50,000
| +450% | +$2.61M |
|
2020
Astec Industries
ASTE
$1.17B
| $2.92M | ﹤0.01% |
93,896
+47,997
| +105% | +$1.46M |
|
2021
Columbia Sportswear
COLM
$3.25B
| $2.92M | ﹤0.01% |
30,130
+5,351
| +22% | +$529K |
|
2022
Algonquin Power & Utilities
AQN
$4.59B
| $2.92M | ﹤0.01% |
212,900
-47,100
| -18% | -$608K |
|
2023
SandRidge Energy
SD
$503M
| $2.91M | ﹤0.01% |
618,928
-17,488
| -3% | -$100K |
|
2024
CALL
Verizon
VZ
$197B
| $2.91M | ﹤0.01% |
48,200
-471,400
| -91% | -$27.1M |
|
2025
Verra Mobility
VRRM
$775M
| $2.91M | ﹤0.01% |
202,519
+89,387
| +79% | +$1.24M |
|
Similar funds
D.E. Shaw & Co's Q3 2019 Portfolio in Review
As of Q3 2019, D.E. Shaw & Co held 4,189 positions worth $81.2B, up 1.3% from $80.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q3 2019 filing shows 550 new, 1,503 increased, 1,391 reduced and 422 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 3,554,658 shares worth $310M. The largest sale was Anadarko Petroleum, an estimated $567M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2019 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 3,554,658 shares worth $310M.
- D.E. Shaw & Co added most to PayPal in Q3 2019, an estimated $354M increase.
- D.E. Shaw & Co's biggest Q3 2019 reduction was Fidelity National Information Services, cutting an estimated $410M.
- D.E. Shaw & Co fully exited Anadarko Petroleum in Q3 2019, selling an estimated $567M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $81.2B portfolio in Q3 2019.
- D.E. Shaw & Co opened 550 new positions and closed 422 in Q3 2019.
- D.E. Shaw & Co's portfolio value rose 1.3% quarter-over-quarter to $81.2B.
Based on D.E. Shaw & Co's 13F filing for Q3 2019, filed 14 Nov 2019.