D E Shaw’s Top Mid-Cap Stock Picks ~ Verisign, Inc. (VRSN), Allison Transmission Holdings Inc (ALSN), Spirit AeroSystems Holdings, Inc. (SPR)

The current position of D E Shaw in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) includes 5.56 million shares valued at $290.40 million. The commercial aero structures manufacturer has a market cap of $7.65 billion and its shares trade at $53.54 with a P/E ratio of 19.55. Boeing Co (NYSE:BA) is reportedly in talks with Spirit AeroSystems Holdings, Inc. (NYSE:SPR) related to a new deal concerning its 787 Dreamliner jet. AeroSystems manufactures several parts of Boeing’s 737 aircraft and Boeing is trying to control its manufacturing costs by entering into a new deal with AeroSystems. Scopia Capital, Hound Partners, and Darsana Capital Partners are some of the primary investors of the airplane parts manufacturer.

Dresser-Rand Group Inc. (NYSE:DRC) is another mid-cap stockholding of D E Shaw, which also happens to be the second-largest investor of the company in our database. The current position of the investment firm in Dresser-Rand Group Inc. (NYSE:DRC) includes 3.14 million shares with a market value of $252.36 million. The rotating equipment solution company has a market cap of $6.49 billion with a current P/E ratio of 79.11. The European Commission is reviewing a merger application between Siemens AG (ADR) (OTCMKTS:SIEGY) and Dresser-Rand Group Inc. (NYSE:DRC), which would see the former acquire the latter for $7.6 billion. Sources have reported that the deal will receive EU approval, with the official review period ending on July 24. The equipment manufacturer has attracted investments from major investors including Pentwater Capital Management and Thomas Steyer‘s Farallon Capital.

Disclosure: None