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 | |
|---|---|---|---|---|---|---|
|
BZUN
2351
Baozun
BZUN
$163M
| $1.36M | ﹤0.01% |
43,151
-10,801
| -20% | -$349K |
|
|
K
2352
CALL
DELISTED
Kellanova
K
| $1.36M | ﹤0.01% |
21,300
| – | – |
|
2353
Natural Gas Services Group
NGS
$469M
| $1.36M | ﹤0.01% |
51,838
+1,066
| +2% | +$28.4K |
|
2354
PUT
Kohl's
KSS
$2.08B
| $1.36M | ﹤0.01% |
25,000
+15,000
| +150% | +$690K |
|
2355
McGrath RentCorp
MGRC
$2.92B
| $1.35M | ﹤0.01% |
28,761
+2,206
| +8% | +$102K |
|
|
BMS
2356
DELISTED
Bemis
BMS
| $1.35M | ﹤0.01% |
+28,276
| New | +$1.31M |
|
2357
Unitil
UTL
$1B
| $1.35M | ﹤0.01% |
29,502
+2,447
| +9% | +$123K |
|
|
SFS
2358
DELISTED
Smart & Final Stores, Inc.
SFS
| $1.35M | ﹤0.01% |
157,472
-10,108
| -6% | -$78.1K |
|
2359
A10 Networks
ATEN
$2.42B
| $1.34M | ﹤0.01% |
174,198
-411,076
| -70% | -$3.14M |
|
2360
Repligen
RGEN
$7.46B
| $1.34M | ﹤0.01% |
37,019
+29,813
| +414% | +$1.08M |
|
2361
Baytex Energy
BTE
$2.97B
| $1.34M | ﹤0.01% |
447,325
+382,625
| +591% | +$1.13M |
|
2362
Agnico Eagle Mines
AEM
$72.9B
| $1.34M | ﹤0.01% |
29,024
-164,011
| -85% | -$7.32M |
|
2363
APA Corp
APA
$12.5B
| $1.34M | ﹤0.01% |
31,720
+577
| +2% | +$24.3K |
|
2364
Rithm Capital
RITM
$5.17B
| $1.34M | ﹤0.01% |
74,724
+25,523
| +52% | +$449K |
|
|
AGFS
2365
DELISTED
AgroFresh Solutions Inc
AGFS
| $1.33M | ﹤0.01% |
180,506
+57,554
| +47% | +$364K |
|
2366
NovoCure
NVCR
$2.01B
| $1.33M | ﹤0.01% |
+65,925
| New | +$1.27M |
|
|
COR
2367
DELISTED
Coresite Realty Corporation
COR
| $1.33M | ﹤0.01% |
11,702
+1,927
| +20% | +$220K |
|
|
GOLD
2368
DELISTED
Randgold Resources Ltd
GOLD
| $1.33M | ﹤0.01% |
13,474
-2,649
| -16% | -$252K |
|
|
TWOU
2369
CALL
DELISTED
2U Inc
TWOU
| $1.33M | ﹤0.01% |
+687
| New | +$1.29M |
|
2370
Spire
SR
$4.88B
| $1.32M | ﹤0.01% |
17,604
-6,069
| -26% | -$471K |
|
|
WIN
2371
DELISTED
Windstream Holdings Inc
WIN
| $1.32M | ﹤0.01% |
142,829
+139,056
| +3,686% | +$1.42M |
|
|
BHR
2372
Braemar Hotels & Resorts
BHR
$156M
| $1.32M | ﹤0.01% |
137,061
+12,905
| +10% | +$123K |
|
2373
Sonoco
SON
$5.79B
| $1.32M | ﹤0.01% |
24,765
+2,574
| +12% | +$135K |
|
2374
Independent Bank Corp
IBCP
$776M
| $1.31M | ﹤0.01% |
58,790
+8,158
| +16% | +$183K |
|
|
SKX
2375
DELISTED
Skechers
SKX
| $1.31M | ﹤0.01% |
34,707
+21,839
| +170% | +$707K |
|
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.