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DE Shaw opens new positions in 4Q 2013

Smita Nair

DE Shaw: New purchases in 4Q 2013 (Part 1 of 5)

DE Shaw is a New York-based $30 billion-plus quantitative hedge fund founded in 1988 by David E. Shaw, a former Columbia faculty member. The firm’s new positions in its ~$73 billion portfolio in 4Q 2013 are outlined in the below table.

According to its website, the firm’s investment activities fall under two broad areas: alternative investments and benchmark-relative strategies. The firm focuses on the pursuit of attractive risk-adjusted returns for its investors. In the alternative investment strategies, this firm emphasizes on uncovering hard-to-find sources of return with modest long-term correlation to traditional asset classes; it looks for unique opportunities that are less exposed to competitive pressures and market crises. In benchmark-relative strategies, the firm seeks to use quantitative techniques to generate returns that exceed standard benchmarks and that offer diversification from conventional style factors like value, growth, size, or momentum.

Read DE Shaw hedge fund opens new positions in FOXA, NWS, NVE, Sells S, HOG, CCL – 13F Flash (A) to know about DE Shaw’s 3Q 2013 positions.

Continue to Part 2

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