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 | |
|---|---|---|---|---|---|---|
2401
Merit Medical Systems
MMSI
$4.57B
| $1.26M | ﹤0.01% |
29,139
-16,128
| -36% | -$676K |
|
2402
CALL
Shake Shack
SHAK
$2.46B
| $1.26M | ﹤0.01% |
29,100
+15,000
| +106% | +$581K |
|
|
CSBK
2403
DELISTED
Clifton Bancorp Inc.
CSBK
| $1.25M | ﹤0.01% |
73,391
+17,872
| +32% | +$304K |
|
2404
PennantPark Floating Rate Capital
PFLT
$695M
| $1.25M | ﹤0.01% |
91,206
+10,529
| +13% | +$148K |
|
2405
Turkcell
TKC
$4.79B
| $1.25M | ﹤0.01% |
122,400
-276,138
| -69% | -$2.59M |
|
2406
PUT
CF Industries
CF
$18.6B
| $1.24M | ﹤0.01% |
29,200
+600
| +2% | +$22.6K |
|
2407
Sportsman's Warehouse
SPWH
$45.7M
| $1.24M | ﹤0.01% |
187,896
-303,729
| -62% | -$1.46M |
|
|
XOG
2408
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $1.24M | ﹤0.01% |
86,594
-13,908
| -14% | -$212K |
|
2409
Old National Bancorp
ONB
$10.1B
| $1.24M | ﹤0.01% |
+70,886
| New | +$1.27M |
|
2410
UMB Financial
UMBF
$10.8B
| $1.24M | ﹤0.01% |
17,210
+2,440
| +17% | +$179K |
|
2411
CALL
Neogen
NEOG
$2.06B
| $1.23M | ﹤0.01% |
+40,000
| New | +$1.21M |
|
|
UBNK
2412
DELISTED
United Financial Bancorp, Inc.
UBNK
| $1.23M | ﹤0.01% |
69,855
-7,077
| -9% | -$129K |
|
2413
IDT Corp
IDT
$1.64B
| $1.23M | ﹤0.01% |
136,865
+62,956
| +85% | +$689K |
|
2414
Snap-on
SNA
$20.9B
| $1.23M | ﹤0.01% |
7,030
+3,348
| +91% | +$541K |
|
|
AT
2415
DELISTED
Atlantic Power Corporation
AT
| $1.22M | ﹤0.01% |
520,824
+43,733
| +9% | +$107K |
|
|
NRE
2416
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.22M | ﹤0.01% |
91,058
-58,867
| -39% | -$814K |
|
2417
Logitech
LOGI
$15.3B
| $1.22M | ﹤0.01% |
36,307
-81,990
| -69% | -$2.87M |
|
2418
CALL
State Street
STT
$50.4B
| $1.22M | ﹤0.01% |
12,500
| – | – |
|
|
GHL
2419
DELISTED
Greenhill & Co., Inc.
GHL
| $1.22M | ﹤0.01% |
62,484
-56,429
| -47% | -$1.05M |
|
2420
Altisource Portfolio Solutions
ASPS
$63.4M
| $1.22M | ﹤0.01% |
5,430
-3,672
| -40% | -$785K |
|
2421
Hewlett Packard
HPE
$62.8B
| $1.22M | ﹤0.01% |
84,654
-265,204
| -76% | -$3.77M |
|
|
ENZ
2422
DELISTED
Enzo Biochem, Inc.
ENZ
| $1.22M | ﹤0.01% |
149,267
-36,219
| -20% | -$346K |
|
2423
FirstCash
FCFS
$8.87B
| $1.22M | ﹤0.01% |
18,019
+8,764
| +95% | +$566K |
|
2424
PUT
Winnebago Industries
WGO
$875M
| $1.21M | ﹤0.01% |
+21,800
| New | +$1.09M |
|
|
INSY
2425
DELISTED
Insys Therapeutics, Inc.
INSY
| $1.21M | ﹤0.01% |
125,905
-8,809
| -7% | -$57.6K |
|
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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.