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 |
Apple
AAPL
|
+$453M |
| 2 |
Walt Disney
DIS
|
+$410M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$386M |
| 4 |
GE Aerospace
GE
|
+$196M |
| 5 |
Dell
DELL
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$374M |
| 2 |
PayPal
PYPL
|
+$289M |
| 3 |
EMC CORPORATION
EMC
|
+$278M |
| 4 |
Nike
NKE
|
+$227M |
| 5 |
Amgen
AMGN
|
+$217M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.84% |
| 2 | Technology | 11.54% |
| 3 | Healthcare | 11.42% |
| 4 | Financials | 9.58% |
| 5 | Consumer Discretionary | 9.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.68T
| $905M | 1.6% |
21,617,480
-2,123,640
| -9% | -$81.3M |
2013 Q2
13 quarters
|
|
|
2
Apple
AAPL
$5.07T
| $756M | 1.33% |
26,733,584
+17,119,376
| +178% | +$453M |
2013 Q2
13 quarters
|
|
3
CVS Health
CVS
$120B
| $617M | 1.09% |
6,930,665
+1,523,053
| +28% | +$144M |
2014 Q2
9 quarters
|
|
4
PUT
Booking.com
BKNG
$117B
| $568M | 1% |
9,647,500
-250,000
| -3% | -$13.9M |
2013 Q2
13 quarters
|
|
5
McDonald's
MCD
$176B
| $546M | 0.96% |
4,732,256
+524,100
| +12% | +$62.1M |
2013 Q2
13 quarters
|
|
6
James River Group Holdings
JRVR
$184M
| $509M | 0.9% |
14,047,238
| – | – |
2014 Q4
7 quarters
|
|
7
Biogen
BIIB
$37B
| $504M | 0.89% |
1,611,384
-4,266
| -0.3% | -$1.26M |
2013 Q2
13 quarters
|
|
8
Visa
V
$766B
| $503M | 0.89% |
6,079,896
+1,575,193
| +35% | +$126M |
2013 Q2
13 quarters
|
|
9
Walmart Inc
WMT
$951B
| $498M | 0.88% |
20,698,050
+736,632
| +4% | +$17.9M |
2013 Q2
13 quarters
|
|
10
Humana
HUM
$50.7B
| $433M | 0.76% |
2,445,074
+332,588
| +16% | +$57.7M |
2013 Q2
13 quarters
|
|
|
11
Walt Disney
DIS
$194B
| $413M | 0.73% |
4,452,363
+4,285,524
| +2,569% | +$410M |
2013 Q2
13 quarters
|
|
|
12
Bristol-Myers Squibb
BMY
$126B
| $393M | 0.69% |
7,284,500
+6,016,104
| +474% | +$386M |
2013 Q2
13 quarters
|
|
|
VMW
13
DELISTED
VMware, Inc
VMW
| $358M | 0.63% |
4,886,494
+218,763
| +5% | +$15.4M |
2013 Q2
13 quarters
|
|
|
14
CALL
Booking.com
BKNG
$117B
| $352M | 0.62% |
5,985,000
-695,000
| -10% | -$38.8M |
2013 Q2
13 quarters
|
|
|
YHOO
15
DELISTED
Yahoo Inc
YHOO
| $352M | 0.62% |
8,167,604
+1,105,754
| +16% | +$45.3M |
2013 Q2
13 quarters
|
|
16
Applied Materials
AMAT
$299B
| $336M | 0.59% |
11,133,723
-1,967,927
| -15% | -$54.9M |
2014 Q2
9 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.16T
| $336M | 0.59% |
2,322,789
-289,314
| -11% | -$42.3M |
2013 Q2
13 quarters
|
|
18
RTX Corp
RTX
$258B
| $325M | 0.57% |
5,087,872
+2,487,690
| +96% | +$165M |
2013 Q2
13 quarters
|
|
|
LNKD
19
DELISTED
LinkedIn Corporation
LNKD
| $323M | 0.57% |
1,687,934
+768,637
| +84% | +$147M |
2013 Q2
13 quarters
|
|
20
Alphabet (Google) Class C
GOOG
$3.88T
| $321M | 0.57% |
8,263,840
+4,317,760
| +109% | +$164M |
2013 Q2
13 quarters
|
|
21
Wells Fargo
WFC
$247B
| $293M | 0.52% |
6,621,007
+1,428,996
| +28% | +$68.4M |
2013 Q2
13 quarters
|
|
22
Alphabet (Google) Class A
GOOGL
$3.92T
| $291M | 0.51% |
7,229,640
+4,294,180
| +146% | +$168M |
2015 Q4
3 quarters
|
|
23
VeriSign
VRSN
$27.1B
| $284M | 0.5% |
3,627,611
+248,488
| +7% | +$19.9M |
2013 Q2
13 quarters
|
|
|
ESRX
24
DELISTED
Express Scripts Holding Company
ESRX
| $279M | 0.49% |
3,952,974
+1,909,987
| +93% | +$143M |
2014 Q4
7 quarters
|
|
25
Home Depot
HD
$319B
| $257M | 0.45% |
1,998,114
-501,180
| -20% | -$66.8M |
2016 Q1
2 quarters
|
|
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D.E. Shaw & Co's Q3 2016 Portfolio in Review
As of Q3 2016, D.E. Shaw & Co held 3,773 positions worth $56.7B, up 4.5% from $54.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co withdrew a net $2.86B in Q3 2016, closing 429 positions and reducing 1,375 holdings. Its most notable exit was EMC CORPORATION, an estimated $278M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 27% of assets, up from 23% a quarter earlier, followed by Technology and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Dell worth $185M.
- D.E. Shaw & Co's largest Q3 2016 buy was Dell: 13,808,231 shares worth $185M.
- D.E. Shaw & Co added most to Apple in Q3 2016, an estimated $453M increase.
- D.E. Shaw & Co's biggest Q3 2016 reduction was Meta Platforms (Facebook), cutting an estimated $374M.
- D.E. Shaw & Co fully exited EMC CORPORATION in Q3 2016, selling an estimated $278M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $56.7B portfolio in Q3 2016.
- D.E. Shaw & Co opened 448 new positions and closed 429 in Q3 2016.
- D.E. Shaw & Co's portfolio value rose 4.5% quarter-over-quarter to $56.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2016, filed 14 Nov 2016.