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 | |
|---|---|---|---|---|---|---|
2251
Quad
QUAD
$438M
| $1.6M | ﹤0.01% |
70,952
+11,185
| +19% | +$254K |
|
2252
Starwood Property Trust
STWD
$6.15B
| $1.6M | ﹤0.01% |
75,113
+36,536
| +95% | +$792K |
|
|
CVA
2253
DELISTED
Covanta Holding Corporation
CVA
| $1.6M | ﹤0.01% |
94,689
-202,808
| -68% | -$3.13M |
|
2254
Williams-Sonoma
WSM
$27.6B
| $1.6M | ﹤0.01% |
61,850
-73,432
| -54% | -$1.87M |
|
2255
CALL
Dick's Sporting Goods
DKS
$18.4B
| $1.59M | ﹤0.01% |
55,500
+16,300
| +42% | +$450K |
|
|
ACRE
2256
Ares Commercial Real Estate
ACRE
$257M
| $1.59M | ﹤0.01% |
123,295
+64,875
| +111% | +$862K |
|
2257
AutoNation
AN
$7.1B
| $1.59M | ﹤0.01% |
+30,973
| New | +$1.57M |
|
2258
International Seaways
INSW
$4.49B
| $1.58M | ﹤0.01% |
85,870
+38,942
| +83% | +$730K |
|
2259
CALL
Kinder Morgan
KMI
$70.6B
| $1.58M | ﹤0.01% |
87,500
+56,700
| +184% | +$1.02M |
|
|
EGL
2260
DELISTED
Engility Holdings, Inc.
EGL
| $1.58M | ﹤0.01% |
55,684
-39,509
| -42% | -$1.2M |
|
|
RVNC
2261
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.58M | ﹤0.01% |
+44,172
| New | +$1.27M |
|
2262
Autoliv
ALV
$8.76B
| $1.58M | ﹤0.01% |
17,217
-144,170
| -89% | -$13.1M |
|
|
PE
2263
DELISTED
PARSLEY ENERGY INC
PE
| $1.57M | ﹤0.01% |
53,276
-29,552
| -36% | -$789K |
|
2264
TFS Financial
TFSL
$5.07B
| $1.57M | ﹤0.01% |
104,822
+18,454
| +21% | +$284K |
|
2265
CALL
Palo Alto Networks
PANW
$259B
| $1.56M | ﹤0.01% |
64,800
| – | – |
|
|
INVX
2266
Innovex International
INVX
$1.85B
| $1.56M | ﹤0.01% |
32,813
+3,233
| +11% | +$144K |
|
2267
PUT
NextEra Energy
NEE
$185B
| $1.56M | ﹤0.01% |
40,000
| – | – |
|
2268
TC Energy
TRP
$71.2B
| $1.56M | ﹤0.01% |
32,060
-354,388
| -92% | -$17.3M |
|
|
CVGW
2269
DELISTED
Calavo Growers
CVGW
| $1.56M | ﹤0.01% |
18,473
-4,227
| -19% | -$311K |
|
|
CZZ
2270
DELISTED
Cosan Limited
CZZ
| $1.56M | ﹤0.01% |
160,528
-1,361,252
| -89% | -$12.3M |
|
2271
Astronics
ATRO
$3.47B
| $1.56M | ﹤0.01% |
51,793
-92,595
| -64% | -$2.51M |
|
|
SHPG
2272
CALL
DELISTED
Shire pic
SHPG
| $1.55M | ﹤0.01% |
10,000
| – | – |
|
2273
V2X
VVX
$2.73B
| $1.55M | ﹤0.01% |
50,191
+560
| +1% | +$17.9K |
|
|
BID
2274
CALL
DELISTED
Sotheby's
BID
| $1.55M | ﹤0.01% |
30,000
| – | – |
|
2275
AeroVironment
AVAV
$7.81B
| $1.54M | ﹤0.01% |
+27,513
| New | +$1.4M |
|
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.