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 | |
|---|---|---|---|---|---|---|
2426
Gentherm
THRM
$1.29B
| $1.32M | ﹤0.01% |
+33,058
| New | +$1.4M |
|
2427
Duke Energy
DUK
$101B
| $1.32M | ﹤0.01% |
15,299
-5,194
| -25% | -$442K |
|
2428
First Merchants
FRME
$2.7B
| $1.32M | ﹤0.01% |
38,532
+8,890
| +30% | +$361K |
|
2429
PUT
Dana Inc
DAN
$2.95B
| $1.32M | ﹤0.01% |
96,800
+15,000
| +18% | +$228K |
|
|
SYKE
2430
DELISTED
SYKES Enterprises Inc
SYKE
| $1.32M | ﹤0.01% |
53,343
-9,015
| -14% | -$251K |
|
|
AEGN
2431
DELISTED
Aegion Corp
AEGN
| $1.32M | ﹤0.01% |
+80,630
| New | +$1.61M |
|
2432
Petrobras
PBR
$116B
| $1.31M | ﹤0.01% |
101,049
-1,768,841
| -95% | -$25.6M |
|
2433
E.W. Scripps
SSP
$282M
| $1.31M | ﹤0.01% |
83,596
-22,987
| -22% | -$384K |
|
|
NINE
2434
DELISTED
Nine Energy Service
NINE
| $1.31M | ﹤0.01% |
58,063
+34,742
| +149% | +$1.06M |
|
|
CASA
2435
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.31M | ﹤0.01% |
99,685
+14,692
| +17% | +$211K |
|
|
NEX
2436
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.31M | ﹤0.01% |
159,868
-8,596
| -5% | -$96K |
|
|
VMW
2437
PUT
DELISTED
VMware, Inc
VMW
| $1.3M | ﹤0.01% |
9,500
+500
| +6% | +$75.5K |
|
2438
CALL
B&G Foods
BGS
$297M
| $1.3M | ﹤0.01% |
+45,000
| New | +$1.29M |
|
|
TCF
2439
DELISTED
TCF Financial Corporation Common Stock
TCF
| $1.3M | ﹤0.01% |
35,531
+17,787
| +100% | +$813K |
|
2440
PUT
Canadian Solar
CSIQ
$927M
| $1.3M | ﹤0.01% |
90,500
+15,500
| +21% | +$234K |
|
2441
Covenant Logistics
CVLG
$1.09B
| $1.29M | ﹤0.01% |
+134,892
| New | +$1.58M |
|
2442
CALL
Steris
STE
$22.4B
| $1.29M | ﹤0.01% |
12,100
+4,200
| +53% | +$469K |
|
2443
3M
MMM
$94.1B
| $1.29M | ﹤0.01% |
+8,080
| New | +$1.34M |
|
2444
MannKind Corp
MNKD
$1.21B
| $1.29M | ﹤0.01% |
1,214,338
-695,857
| -36% | -$1.18M |
|
|
SFUN
2445
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $1.29M | ﹤0.01% |
18,006
+8,510
| +90% | +$805K |
|
2446
PUT
Autodesk
ADSK
$50.1B
| $1.29M | ﹤0.01% |
+10,000
| New | +$1.35M |
|
|
BMTC
2447
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.28M | ﹤0.01% |
37,334
+15,014
| +67% | +$593K |
|
|
TSC
2448
DELISTED
TriState Capital Holdings, Inc.
TSC
| $1.28M | ﹤0.01% |
65,929
-65,452
| -50% | -$1.59M |
|
2449
Axalta
AXTA
$7.58B
| $1.28M | ﹤0.01% |
54,582
-13,736
| -20% | -$341K |
|
|
DFS
2450
PUT
DELISTED
Discover Financial Services
DFS
| $1.27M | ﹤0.01% |
21,500
-35,700
| -62% | -$2.46M |
|
Similar funds
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.