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 |
Amazon
AMZN
|
+$549M |
| 2 |
CVS Health
CVS
|
+$537M |
| 3 |
Meta Platforms (Facebook)
META
|
+$515M |
| 4 |
McDonald's
MCD
|
+$386M |
| 5 |
Home Depot
HD
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$475M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$442M |
| 3 |
AGN
Allergan plc
AGN
|
+$435M |
| 4 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$369M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$330M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 23.45% |
| 2 | Healthcare | 11.73% |
| 3 | Technology | 10.93% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Financials | 9.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Amazon
AMZN
$2.68T
| $849M | 1.57% |
23,741,120
+16,243,580
| +217% | +$549M |
2013 Q2
12 quarters
|
|
|
2
CVS Health
CVS
$120B
| $518M | 0.95% |
5,407,612
+5,383,276
| +22,121% | +$537M |
2014 Q2
8 quarters
|
|
|
3
Meta Platforms (Facebook)
META
$1.64T
| $517M | 0.95% |
4,523,197
+4,467,535
| +8,026% | +$515M |
2013 Q2
12 quarters
|
|
|
4
McDonald's
MCD
$176B
| $506M | 0.93% |
4,208,156
+3,082,762
| +274% | +$386M |
2013 Q2
12 quarters
|
|
|
5
PUT
Booking.com
BKNG
$117B
| $494M | 0.91% |
9,897,500
+1,972,500
| +25% | +$102M |
2013 Q2
12 quarters
|
|
6
Walmart Inc
WMT
$951B
| $486M | 0.9% |
19,961,418
+6,855,375
| +52% | +$159M |
2013 Q2
12 quarters
|
|
7
James River Group Holdings
JRVR
$184M
| $477M | 0.88% |
14,047,238
| – | – |
2014 Q4
6 quarters
|
|
8
Biogen
BIIB
$37B
| $391M | 0.72% |
1,615,650
-612,567
| -27% | -$161M |
2013 Q2
12 quarters
|
|
9
PayPal
PYPL
$48.8B
| $386M | 0.71% |
10,583,984
+1,760,639
| +20% | +$67.3M |
2015 Q3
3 quarters
|
|
|
TWX
10
DELISTED
Time Warner Inc
TWX
| $381M | 0.7% |
5,178,361
-1,222,384
| -19% | -$90.4M |
2013 Q2
12 quarters
|
|
11
Humana
HUM
$50.7B
| $380M | 0.7% |
2,112,486
-333,987
| -14% | -$59.3M |
2013 Q2
12 quarters
|
|
|
12
Berkshire Hathaway Class B
BRK.B
$1.16T
| $378M | 0.7% |
2,612,103
-2,307,460
| -47% | -$330M |
2013 Q2
12 quarters
|
|
13
Eli Lilly
LLY
$1.14T
| $350M | 0.65% |
4,449,700
+224,295
| +5% | +$16.9M |
2013 Q2
12 quarters
|
|
14
Visa
V
$766B
| $334M | 0.62% |
4,504,703
+2,144,233
| +91% | +$168M |
2013 Q2
12 quarters
|
|
|
15
CALL
Booking.com
BKNG
$117B
| $334M | 0.62% |
6,680,000
+1,315,000
| +25% | +$68.3M |
2013 Q2
12 quarters
|
|
16
Citigroup
C
$202B
| $328M | 0.6% |
7,737,999
-1,663,150
| -18% | -$73.5M |
2013 Q2
12 quarters
|
|
|
17
Home Depot
HD
$319B
| $319M | 0.59% |
2,499,294
+2,325,907
| +1,341% | +$308M |
2016 Q1
1 quarter
|
|
18
Nike
NKE
$55.4B
| $318M | 0.59% |
5,759,936
+5,076,090
| +742% | +$289M |
2013 Q2
12 quarters
|
|
19
Applied Materials
AMAT
$299B
| $314M | 0.58% |
13,101,650
+4,268,392
| +48% | +$94.2M |
2014 Q2
8 quarters
|
|
20
Bank of America
BAC
$354B
| $297M | 0.55% |
22,357,736
-3,502,909
| -14% | -$49.2M |
2013 Q2
12 quarters
|
|
21
VeriSign
VRSN
$27.1B
| $292M | 0.54% |
3,379,123
-150,644
| -4% | -$13M |
2013 Q2
12 quarters
|
|
22
DELISTED
EMC CORPORATION
EMC
| $278M | 0.51% |
10,215,930
+882,867
| +9% | +$23.9M |
2013 Q2
12 quarters
|
|
23
PUT
Apple
AAPL
$5.07T
| $270M | 0.5% |
11,287,200
+3,400,400
| +43% | +$84.5M |
2013 Q2
12 quarters
|
|
24
Cigna
CI
$81.1B
| $269M | 0.5% |
2,099,723
-676,143
| -24% | -$89.3M |
2014 Q4
6 quarters
|
|
|
VMW
25
DELISTED
VMware, Inc
VMW
| $267M | 0.49% |
4,667,731
+3,084,802
| +195% | +$178M |
2013 Q2
12 quarters
|
|
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D.E. Shaw & Co's Q2 2016 Portfolio in Review
As of Q2 2016, D.E. Shaw & Co held 3,766 positions worth $54.2B, down 2.7% from $55.7B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
D.E. Shaw & Co withdrew a net $3.73B in Q2 2016, closing 445 positions and reducing 1,324 holdings. Its most notable exit was TIME WARNER CABLE INC NEW COM STK, an estimated $369M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
Against the trend, D.E. Shaw & Co opened a new position in Liberty Media Corporation Series C Liberty SiriusXM Common Stock worth $198M.
- D.E. Shaw & Co's largest Q2 2016 buy was Liberty Media Corporation Series C Liberty SiriusXM Common Stock: 8,430,023 shares worth $198M.
- D.E. Shaw & Co added most to Amazon in Q2 2016, an estimated $549M increase.
- D.E. Shaw & Co's biggest Q2 2016 reduction was Booking.com, cutting an estimated $475M.
- D.E. Shaw & Co fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $369M.
- D.E. Shaw & Co's ten largest holdings make up 9.2% of its $54.2B portfolio in Q2 2016.
- D.E. Shaw & Co opened 402 new positions and closed 445 in Q2 2016.
- D.E. Shaw & Co's portfolio value fell 2.7% quarter-over-quarter to $54.2B.
Based on D.E. Shaw & Co's 13F filing for Q2 2016, filed 15 Aug 2016.