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 |
Alphabet (Google) Class C
GOOG
|
+$846M |
| 2 |
PayPal
PYPL
|
+$430M |
| 3 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$357M |
| 4 |
Meta Platforms (Facebook)
META
|
+$319M |
| 5 |
The Kraft Heinz Company
KHC
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$778M |
| 2 |
Amazon
AMZN
|
+$424M |
| 3 |
eBay
EBAY
|
+$367M |
| 4 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$240M |
| 5 |
Valero Energy
VLO
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.54% |
| 2 | Energy | 11.62% |
| 3 | Healthcare | 10.96% |
| 4 | Communication Services | 9.03% |
| 5 | Technology | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Marathon Petroleum
MPC
$129B
| $989M | 1.46% |
21,357,521
+4,541,896
| +27% | +$234M |
2013 Q2
9 quarters
|
|
|
2
Alphabet (Google) Class C
GOOG
$3.92T
| $958M | 1.41% |
30,935,980
+27,546,540
| +813% | +$846M |
2013 Q2
9 quarters
|
|
3
Phillips 66
PSX
$114B
| $764M | 1.12% |
9,936,672
-1,646,064
| -14% | -$131M |
2013 Q2
9 quarters
|
|
4
Berkshire Hathaway Class B
BRK.B
$1.17T
| $743M | 1.09% |
5,697,206
-228,449
| -4% | -$31.3M |
2013 Q2
9 quarters
|
|
|
ANDV
5
DELISTED
Andeavor
ANDV
| $660M | 0.97% |
6,790,325
+123,115
| +2% | +$12M |
2013 Q2
9 quarters
|
|
6
PUT
Booking.com
BKNG
$121B
| $629M | 0.93% |
12,705,000
+1,920,000
| +18% | +$95.4M |
2013 Q2
9 quarters
|
|
7
Gilead Sciences
GILD
$195B
| $604M | 0.89% |
6,151,035
+1,759,029
| +40% | +$195M |
2013 Q2
9 quarters
|
|
8
DuPont de Nemours
DD
$18.2B
| $555M | 0.82% |
5,165,723
+1,523,329
| +42% | +$177M |
2013 Q2
9 quarters
|
|
|
PCP
9
DELISTED
PRECISION CASTPARTS CORP
PCP
| $549M | 0.81% |
2,391,348
+1,665,267
| +229% | +$357M |
2013 Q2
9 quarters
|
|
10
Williams Companies
WMB
$86.4B
| $534M | 0.79% |
14,481,916
+5,624,231
| +63% | +$280M |
2013 Q2
9 quarters
|
|
11
PUT
Apple
AAPL
$5.08T
| $525M | 0.77% |
19,052,960
-3,117,600
| -14% | -$91.4M |
2013 Q2
9 quarters
|
|
12
CF Industries
CF
$17.9B
| $517M | 0.76% |
11,521,805
+4,607,854
| +67% | +$268M |
2013 Q2
9 quarters
|
|
13
SLB Ltd
SLB
$73.5B
| $515M | 0.76% |
7,460,573
+3,286,004
| +79% | +$260M |
2013 Q2
9 quarters
|
|
|
14
Valero Energy
VLO
$123B
| $496M | 0.73% |
8,258,179
-3,338,979
| -29% | -$212M |
2013 Q2
9 quarters
|
|
15
Liberty Global Class C
LBTYK
$2.74B
| $457M | 0.67% |
12,824,903
-292,460
| -2% | -$11.8M |
2013 Q2
9 quarters
|
|
|
16
CALL
Booking.com
BKNG
$121B
| $437M | 0.64% |
8,837,500
+1,685,000
| +24% | +$83.7M |
2013 Q2
9 quarters
|
|
|
17
Meta Platforms (Facebook)
META
$1.65T
| $429M | 0.63% |
4,771,940
+3,478,879
| +269% | +$319M |
2013 Q2
9 quarters
|
|
|
18
Amazon
AMZN
$2.7T
| $411M | 0.61% |
16,074,900
-16,761,060
| -51% | -$424M |
2013 Q2
9 quarters
|
|
19
Cheniere Energy
LNG
$59.3B
| $393M | 0.58% |
8,134,535
+3,368,076
| +71% | +$208M |
2013 Q2
9 quarters
|
|
20
James River Group Holdings
JRVR
$185M
| $378M | 0.56% |
14,047,238
| – | – |
2014 Q4
3 quarters
|
|
|
21
PayPal
PYPL
$49.2B
| $373M | 0.55% |
+12,006,709
| New | +$430M |
2015 Q3
0 quarters
|
|
22
Comcast
CMCSA
$81.1B
| $364M | 0.54% |
12,810,110
+6,405,488
| +100% | +$190M |
2013 Q2
9 quarters
|
|
|
TWC
23
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $358M | 0.53% |
1,997,559
+641,195
| +47% | +$120M |
2013 Q3
8 quarters
|
|
24
LyondellBasell Industries
LYB
$21.1B
| $338M | 0.5% |
4,060,399
+746,671
| +23% | +$66.4M |
2013 Q2
9 quarters
|
|
|
BRCM
25
DELISTED
BROADCOM CORP CL-A
BRCM
| $326M | 0.48% |
6,345,888
+2,366,992
| +59% | +$122M |
2013 Q2
9 quarters
|
|
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D.E. Shaw & Co's Q3 2015 Portfolio in Review
As of Q3 2015, D.E. Shaw & Co held 4,145 positions worth $67.9B, up 1.1% from $67.1B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co deployed $5.43B of net new capital in Q3 2015, opening 429 new positions and adding to 1,450 existing holdings. Its largest new stake was PayPal: 12,006,709 shares worth $373M.
By sector, the portfolio is most concentrated in Miscellaneous at 27% of assets, up from 26% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was Amazon, an estimated $424M trimmed.
- D.E. Shaw & Co's largest Q3 2015 buy was PayPal: 12,006,709 shares worth $373M.
- D.E. Shaw & Co added most to Alphabet (Google) Class C in Q3 2015, an estimated $846M increase.
- D.E. Shaw & Co's biggest Q3 2015 reduction was Amazon, cutting an estimated $424M.
- D.E. Shaw & Co fully exited DIRECTV COM STK (DE) in Q3 2015, selling an estimated $778M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $67.9B portfolio in Q3 2015.
- D.E. Shaw & Co opened 429 new positions and closed 449 in Q3 2015.
- D.E. Shaw & Co's portfolio value rose 1.1% quarter-over-quarter to $67.9B.
Based on D.E. Shaw & Co's 13F filing for Q3 2015, filed 16 Nov 2015.