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 | |
|---|---|---|---|---|---|---|
2051
Avery Dennison
AVY
$12.5B
| $2.15M | ﹤0.01% |
18,755
-72,899
| -80% | -$7.88M |
|
2052
CALL
Cirrus Logic
CRUS
$6.87B
| $2.15M | ﹤0.01% |
41,500
| – | – |
|
2053
PUT
ArcelorMittal
MT
$50.9B
| $2.15M | ﹤0.01% |
66,500
-12,600
| -16% | -$373K |
|
2054
Vermilion Energy
VET
$1.62B
| $2.15M | ﹤0.01% |
59,161
+5,500
| +10% | +$192K |
|
2055
CALL
Cardinal Health
CAH
$53.7B
| $2.14M | ﹤0.01% |
35,000
+25,000
| +250% | +$1.55M |
|
|
RHT
2056
DELISTED
Red Hat Inc
RHT
| $2.13M | ﹤0.01% |
17,777
-316,414
| -95% | -$38.8M |
|
2057
EastGroup Properties
EGP
$11.3B
| $2.13M | ﹤0.01% |
24,090
| – | – |
|
|
AKS
2058
DELISTED
AK Steel Holding Corp
AKS
| $2.13M | ﹤0.01% |
375,482
-60,282
| -14% | -$314K |
|
2059
Healthcare Services Group
HCSG
$1.58B
| $2.12M | ﹤0.01% |
40,271
+21,057
| +110% | +$1.1M |
|
2060
Alexandria Real Estate Equities
ARE
$8.96B
| $2.12M | ﹤0.01% |
16,243
+7,221
| +80% | +$909K |
|
2061
CNO Financial Group
CNO
$4.96B
| $2.11M | ﹤0.01% |
85,454
-108,307
| -56% | -$2.64M |
|
|
AVDL
2062
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.11M | ﹤0.01% |
256,979
+2,785
| +1% | +$26.1K |
|
|
FSP
2063
Franklin Street Properties
FSP
$45.7M
| $2.1M | ﹤0.01% |
195,358
+6,060
| +3% | +$63.7K |
|
2064
Phunware
PHUN
$43.1M
| $2.09M | ﹤0.01% |
4,100
| – | – |
|
2065
Priority Technology Holdings
PRTH
$538M
| $2.09M | ﹤0.01% |
205,000
| – | – |
|
|
JCP
2066
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.09M | ﹤0.01% |
660,955
+570,014
| +627% | +$1.84M |
|
2067
uniQure
QURE
$2.63B
| $2.08M | ﹤0.01% |
+106,442
| New | +$1.62M |
|
2068
PUT
Landstar System
LSTR
$6.5B
| $2.08M | ﹤0.01% |
+20,000
| New | +$2.01M |
|
2069
Shake Shack
SHAK
$2.48B
| $2.08M | ﹤0.01% |
+48,115
| New | +$1.86M |
|
2070
Affiliated Managers Group
AMG
$9.61B
| $2.08M | ﹤0.01% |
10,125
-2,364
| -19% | -$458K |
|
2071
TechTarget
TTGT
$275M
| $2.08M | ﹤0.01% |
149,090
-9,941
| -6% | -$129K |
|
|
GRUB
2072
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $2.08M | ﹤0.01% |
14,450
+9,450
| +189% | +$1.19M |
|
|
CMRX
2073
DELISTED
Chimerix, Inc.
CMRX
| $2.07M | ﹤0.01% |
447,715
-37,949
| -8% | -$181K |
|
2074
Adtran
ADTN
$769M
| $2.07M | ﹤0.01% |
106,792
-370
| -0.3% | -$8.21K |
|
2075
Cameco
CCJ
$38.9B
| $2.07M | ﹤0.01% |
223,836
-18,127
| -7% | -$170K |
|
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.