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 | |
|---|---|---|---|---|---|---|
2301
Blackstone Mortgage Trust
BXMT
$2.81B
| $1.59M | ﹤0.01% |
+49,847
| New | +$1.69M |
|
2302
CALL
Ligand Pharmaceuticals
LGND
$5.94B
| $1.59M | ﹤0.01% |
18,755
-28,373
| -60% | -$3.02M |
|
2303
MarketAxess Holdings
MKTX
$4.34B
| $1.58M | ﹤0.01% |
7,501
-3,775
| -33% | -$781K |
|
2304
Wolfspeed
WOLF
$1.14B
| $1.58M | ﹤0.01% |
36,959
-101,012
| -73% | -$4.1M |
|
2305
MGE Energy Inc
MGEE
$3.09B
| $1.58M | ﹤0.01% |
26,344
+1,520
| +6% | +$96.9K |
|
|
ITG
2306
DELISTED
Investment Technology Group Inc
ITG
| $1.58M | ﹤0.01% |
52,243
-175,465
| -77% | -$5.03M |
|
2307
Carvana
CVNA
$47.3B
| $1.58M | ﹤0.01% |
241,140
-1,188,395
| -83% | -$10M |
|
2308
CALL
Capital One
COF
$130B
| $1.57M | ﹤0.01% |
20,800
-2,300
| -10% | -$199K |
|
2309
PUT
MKS Inc
MKSI
$19.3B
| $1.56M | ﹤0.01% |
+24,200
| New | +$1.75M |
|
2310
CALL
Cardinal Health
CAH
$54.5B
| $1.56M | ﹤0.01% |
35,000
| – | – |
|
2311
CALL
Automatic Data Processing
ADP
$106B
| $1.56M | ﹤0.01% |
11,900
| – | – |
|
2312
PUT
ConocoPhillips
COP
$139B
| $1.56M | ﹤0.01% |
25,000
-9,400
| -27% | -$640K |
|
2313
CALL
Madrigal Pharmaceuticals
MDGL
$12.4B
| $1.56M | ﹤0.01% |
13,800
+10,000
| +263% | +$1.55M |
|
|
GPX
2314
DELISTED
GP Strategies Corp.
GPX
| $1.56M | ﹤0.01% |
123,414
+9,407
| +8% | +$134K |
|
2315
Old Dominion Freight Line
ODFL
$47.1B
| $1.55M | ﹤0.01% |
37,686
-44,229
| -54% | -$1.96M |
|
|
SFLY
2316
PUT
DELISTED
Shutterfly, Inc.
SFLY
| $1.55M | ﹤0.01% |
38,500
+5,900
| +18% | +$310K |
|
2317
Essex Property Trust
ESS
$18.9B
| $1.55M | ﹤0.01% |
6,319
-25,392
| -80% | -$6.4M |
|
2318
Enpro
NPO
$6.63B
| $1.55M | ﹤0.01% |
25,756
+6,343
| +33% | +$420K |
|
2319
CALL
Microchip Technology
MCHP
$41.1B
| $1.55M | ﹤0.01% |
43,000
+13,000
| +43% | +$459K |
|
2320
Regal Rexnord
RRX
$13.5B
| $1.55M | ﹤0.01% |
22,069
-30,945
| -58% | -$2.34M |
|
|
MZTI
2321
PUT
The Marzetti Company
MZTI
$3.02B
| $1.54M | ﹤0.01% |
+8,700
| New | +$1.48M |
|
2322
Oppenheimer Holdings
OPY
$1.2B
| $1.54M | ﹤0.01% |
60,207
-14,442
| -19% | -$414K |
|
2323
CALL
World Acceptance Corp
WRLD
$880M
| $1.53M | ﹤0.01% |
15,000
| – | – |
|
2324
Andersons Inc
ANDE
$2.49B
| $1.53M | ﹤0.01% |
51,156
-23,005
| -31% | -$769K |
|
|
WW
2325
PUT
DELISTED
WW International
WW
| $1.52M | ﹤0.01% |
39,500
-18,900
| -32% | -$1.04M |
|
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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.