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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$446M |
| 2 |
SLB Ltd
SLB
|
+$276M |
| 3 |
Apple
AAPL
|
+$267M |
| 4 |
Johnson & Johnson
JNJ
|
+$244M |
| 5 |
TJX Companies
TJX
|
+$216M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$304M |
| 2 |
Amazon
AMZN
|
+$289M |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$274M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$204M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$196M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 20.57% |
| 2 | Technology | 14.94% |
| 3 | Healthcare | 11.06% |
| 4 | Financials | 9.65% |
| 5 | Consumer Discretionary | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.08T
| $966M | 1.7% |
26,905,088
+8,096,100
| +43% | +$267M |
2013 Q2
15 quarters
|
|
2
McDonald's
MCD
$179B
| $709M | 1.25% |
5,471,412
-385,821
| -7% | -$48.4M |
2013 Q2
15 quarters
|
|
|
TWX
3
DELISTED
Time Warner Inc
TWX
| $546M | 0.96% |
5,582,887
+1,712,260
| +44% | +$166M |
2013 Q2
15 quarters
|
|
4
Netflix
NFLX
$279B
| $543M | 0.95% |
36,735,900
-993,180
| -3% | -$13.9M |
2016 Q3
2 quarters
|
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $533M | 0.94% |
2,262,319
+1,918,785
| +559% | +$446M |
2013 Q2
15 quarters
|
|
6
Dell
DELL
$288B
| $457M | 0.8% |
25,432,854
+9,156,293
| +56% | +$160M |
2016 Q3
2 quarters
|
|
7
James River Group Holdings
JRVR
$185M
| $454M | 0.8% |
10,597,238
| – | – |
2014 Q4
9 quarters
|
|
|
8
Johnson & Johnson
JNJ
$644B
| $443M | 0.78% |
3,558,040
+2,038,980
| +134% | +$244M |
2013 Q2
15 quarters
|
|
9
Gilead Sciences
GILD
$195B
| $434M | 0.76% |
6,383,688
+1,754,565
| +38% | +$123M |
2013 Q2
15 quarters
|
|
10
NXP Semiconductors
NXPI
$60B
| $427M | 0.75% |
4,123,613
+1,349,996
| +49% | +$137M |
2013 Q2
15 quarters
|
|
11
Biogen
BIIB
$37.5B
| $426M | 0.75% |
1,559,055
-252,028
| -14% | -$71.3M |
2013 Q2
15 quarters
|
|
12
S&P Global
SPGI
$134B
| $409M | 0.72% |
3,127,059
+580,187
| +23% | +$72.1M |
2016 Q2
3 quarters
|
|
|
13
TJX Companies
TJX
$162B
| $378M | 0.67% |
9,572,354
+5,596,006
| +141% | +$216M |
2013 Q2
15 quarters
|
|
14
Visa
V
$778B
| $369M | 0.65% |
4,154,525
-1,540,474
| -27% | -$133M |
2013 Q2
15 quarters
|
|
15
VeriSign
VRSN
$27.5B
| $361M | 0.63% |
4,145,690
+857,425
| +26% | +$71.2M |
2013 Q2
15 quarters
|
|
16
Hewlett Packard
HPE
$73.6B
| $354M | 0.62% |
25,704,674
+5,474,393
| +27% | +$73.6M |
2015 Q4
5 quarters
|
|
|
17
Walt Disney
DIS
$195B
| $337M | 0.59% |
2,974,828
-2,758,330
| -48% | -$304M |
2013 Q2
15 quarters
|
|
18
Alphabet (Google) Class C
GOOG
$3.92T
| $330M | 0.58% |
7,948,000
-4,676,960
| -37% | -$192M |
2013 Q2
15 quarters
|
|
19
T-Mobile US
TMUS
$170B
| $319M | 0.56% |
4,943,913
+406,694
| +9% | +$25M |
2014 Q1
12 quarters
|
|
20
Comcast
CMCSA
$81.1B
| $306M | 0.54% |
8,133,758
-560,460
| -6% | -$20.8M |
2013 Q2
15 quarters
|
|
21
AT&T
T
$153B
| $304M | 0.53% |
9,678,684
+4,278,476
| +79% | +$135M |
2013 Q2
15 quarters
|
|
22
Citigroup
C
$206B
| $302M | 0.53% |
5,053,975
+100,768
| +2% | +$5.96M |
2013 Q2
15 quarters
|
|
23
Amgen
AMGN
$242B
| $285M | 0.5% |
1,736,265
+362,174
| +26% | +$60.2M |
2013 Q2
15 quarters
|
|
24
RTX Corp
RTX
$263B
| $280M | 0.49% |
3,968,257
+84,161
| +2% | +$5.91M |
2013 Q2
15 quarters
|
|
25
PUT
Booking.com
BKNG
$121B
| $280M | 0.49% |
3,930,000
-5,015,000
| -56% | -$331M |
2013 Q2
15 quarters
|
|
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D.E. Shaw & Co's Q1 2017 Portfolio in Review
As of Q1 2017, D.E. Shaw & Co held 3,844 positions worth $56.9B, down 3.4% from $58.9B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
D.E. Shaw & Co's Q1 2017 filing shows 437 new, 1,088 increased, 1,534 reduced and 599 closed positions. Its largest new stake was C&J Energy Services, Inc.: 3,857,413 shares worth $131M. The largest sale was Walt Disney, an estimated $304M.
By sector, the portfolio is most concentrated in Miscellaneous at 21% of assets, down from 28% a quarter earlier, followed by Technology and Healthcare.
- D.E. Shaw & Co's largest Q1 2017 buy was C&J Energy Services, Inc.: 3,857,413 shares worth $131M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $446M increase.
- D.E. Shaw & Co's biggest Q1 2017 reduction was Walt Disney, cutting an estimated $304M.
- D.E. Shaw & Co fully exited Dick's Sporting Goods in Q1 2017, selling an estimated $62.3M.
- D.E. Shaw & Co's ten largest holdings make up 9.7% of its $56.9B portfolio in Q1 2017.
- D.E. Shaw & Co opened 437 new positions and closed 599 in Q1 2017.
- D.E. Shaw & Co's portfolio value fell 3.4% quarter-over-quarter to $56.9B.
Based on D.E. Shaw & Co's 13F filing for Q1 2017, filed 15 May 2017.