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 |
Alibaba
BABA
|
+$453M |
| 2 |
Oracle
ORCL
|
+$431M |
| 3 |
Apple
AAPL
|
+$376M |
| 4 |
SLB Ltd
SLB
|
+$353M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$746M |
| 2 |
AET
Aetna Inc
AET
|
+$378M |
| 3 |
NVIDIA
NVDA
|
+$348M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$307M |
| 5 |
AT&T
T
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.92% |
| 2 | Consumer Discretionary | 11.63% |
| 3 | Healthcare | 11.01% |
| 4 | Financials | 7.5% |
| 5 | Industrials | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
PUT
International Paper
IP
$22.6B
| $2.16M | ﹤0.01% |
56,496
+16,896
| +43% | +$709K |
|
|
AUD
2052
DELISTED
Audacy, Inc.
AUD
| $2.16M | ﹤0.01% |
378,223
-705,086
| -65% | -$4.69M |
|
2053
Republic Services
RSG
$67.4B
| $2.16M | ﹤0.01% |
29,929
+19,129
| +177% | +$1.4M |
|
2054
First Busey Corp
BUSE
$2.6B
| $2.16M | ﹤0.01% |
87,880
+5,354
| +6% | +$148K |
|
2055
CALL
American Express
AXP
$224B
| $2.15M | ﹤0.01% |
22,600
-15,500
| -41% | -$1.62M |
|
|
SRNE
2056
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $2.15M | ﹤0.01% |
894,000
+7,384
| +0.8% | +$24.1K |
|
2057
CALL
Equifax
EFX
$22B
| $2.13M | ﹤0.01% |
22,900
| – | – |
|
2058
SLM Corp
SLM
$4.83B
| $2.13M | ﹤0.01% |
255,987
+222,174
| +657% | +$2.21M |
|
|
NPKI
2059
NPK International
NPKI
$1.02B
| $2.13M | ﹤0.01% |
309,574
+202,919
| +190% | +$1.65M |
|
|
USCR
2060
CALL
DELISTED
U S Concrete, Inc.
USCR
| $2.13M | ﹤0.01% |
+60,300
| New | +$2.18M |
|
2061
CALL
Marvell Technology
MRVL
$147B
| $2.13M | ﹤0.01% |
131,300
+44,500
| +51% | +$737K |
|
2062
CALL
EPAM Systems
EPAM
$5.58B
| $2.12M | ﹤0.01% |
18,300
-5,600
| -23% | -$687K |
|
|
ABB
2063
PUT
DELISTED
ABB Ltd
ABB
| $2.12M | ﹤0.01% |
+111,500
| New | +$2.26M |
|
2064
Tilray
TLRY
$493M
| $2.12M | ﹤0.01% |
+3,004
| New | +$3.29M |
|
|
MIME
2065
DELISTED
Mimecast Limited
MIME
| $2.12M | ﹤0.01% |
62,987
-32,433
| -34% | -$1.13M |
|
|
BITA
2066
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $2.12M | ﹤0.01% |
85,500
-82,700
| -49% | -$1.61M |
|
|
BIG
2067
PUT
DELISTED
Big Lots, Inc.
BIG
| $2.11M | ﹤0.01% |
73,100
-7,000
| -9% | -$272K |
|
2068
FormFactor
FORM
$6.51B
| $2.11M | ﹤0.01% |
149,972
+109,266
| +268% | +$1.52M |
|
2069
PUT
Pfizer
PFE
$143B
| $2.11M | ﹤0.01% |
51,014
-16,758
| -25% | -$696K |
|
2070
PUT
Timken Company
TKR
$9.19B
| $2.11M | ﹤0.01% |
+56,600
| New | +$2.29M |
|
2071
PUT
Capital One
COF
$128B
| $2.11M | ﹤0.01% |
27,900
+21,800
| +357% | +$1.89M |
|
2072
Foster
FSTR
$421M
| $2.11M | ﹤0.01% |
132,535
-3,643
| -3% | -$68K |
|
2073
RH
RH
$3.33B
| $2.11M | ﹤0.01% |
+17,576
| New | +$2.11M |
|
2074
Magnachip Semiconductor
MX
$110M
| $2.1M | ﹤0.01% |
338,571
-50,729
| -13% | -$395K |
|
2075
Parker-Hannifin
PH
$120B
| $2.1M | ﹤0.01% |
+14,096
| New | +$2.28M |
|
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D.E. Shaw & Co's Q4 2018 Portfolio in Review
As of Q4 2018, D.E. Shaw & Co held 4,217 positions worth $72.6B, down 13% from $83.2B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
D.E. Shaw & Co deployed $3.99B of net new capital in Q4 2018, opening 541 new positions and adding to 1,544 existing holdings. Its largest new stake was Alibaba: 3,066,336 shares worth $420M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Amazon, an estimated $746M trimmed.
- D.E. Shaw & Co's largest Q4 2018 buy was Alibaba: 3,066,336 shares worth $420M.
- D.E. Shaw & Co added most to Oracle in Q4 2018, an estimated $431M increase.
- D.E. Shaw & Co's biggest Q4 2018 reduction was Amazon, cutting an estimated $746M.
- D.E. Shaw & Co fully exited Aetna Inc in Q4 2018, selling an estimated $378M.
- D.E. Shaw & Co's ten largest holdings make up 8.9% of its $72.6B portfolio in Q4 2018.
- D.E. Shaw & Co opened 541 new positions and closed 497 in Q4 2018.
- D.E. Shaw & Co's portfolio value fell 13% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2018, filed 14 Feb 2019.