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 |
Snap
SNAP
|
+$362M |
| 2 |
Lockheed Martin
LMT
|
+$361M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$354M |
| 4 |
Fidelity National Information Services
FIS
|
+$354M |
| 5 |
Boston Scientific
BSX
|
+$337M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$559M |
| 2 |
Advanced Micro Devices
AMD
|
+$558M |
| 3 |
Boeing
BA
|
+$530M |
| 4 |
Lowe's Companies
LOW
|
+$525M |
| 5 |
Alibaba
BABA
|
+$420M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Consumer Discretionary | 10.41% |
| 3 | Healthcare | 8.95% |
| 4 | Communication Services | 6.76% |
| 5 | Financials | 6.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SNBR
501
DELISTED
Sleep Number
SNBR
| $44.3M | 0.04% |
541,065
-210,956
| -28% | -$14.6M |
|
502
Huntington Ingalls Industries
HII
$12.9B
| $44.2M | 0.04% |
259,520
-10,537
| -4% | -$1.67M |
|
503
PUT
ServiceNow
NOW
$115B
| $44.1M | 0.04% |
401,000
-35,000
| -8% | -$3.64M |
|
504
GoPro
GPRO
$130M
| $44.1M | 0.04% |
5,320,443
-350,630
| -6% | -$2.53M |
|
505
Norfolk Southern
NSC
$75.4B
| $43.9M | 0.04% |
184,943
+162,344
| +718% | +$36.9M |
|
506
PUT
Align Technology
ALGN
$12.1B
| $43.9M | 0.04% |
82,100
-17,500
| -18% | -$7.87M |
|
507
Wolfspeed
WOLF
$1.23B
| $43.8M | 0.04% |
413,633
+75,698
| +22% | +$6.08M |
|
508
FMC
FMC
$1.34B
| $43.8M | 0.04% |
380,800
+335,240
| +736% | +$37.3M |
|
509
Commercial Metals
CMC
$7.6B
| $43.7M | 0.04% |
2,128,019
+515,024
| +32% | +$10.7M |
|
510
PUT
Intuitive Surgical
ISRG
$127B
| $43.7M | 0.04% |
160,200
| – | – |
|
511
Knowles
KN
$3.13B
| $43.6M | 0.04% |
2,363,921
-175,559
| -7% | -$2.93M |
|
512
PUT
Merck
MRK
$322B
| $43.5M | 0.04% |
557,117
+166,213
| +43% | +$12.7M |
|
|
SOLN
513
DELISTED
The Southern Company
SOLN
| $43.5M | 0.04% |
848,500
+243,500
| +40% | +$12.3M |
|
514
CALL
Nike
NKE
$61.9B
| $43.4M | 0.04% |
306,800
+300,300
| +4,620% | +$39.8M |
|
|
JNPR
515
DELISTED
Juniper Networks
JNPR
| $43.4M | 0.04% |
1,926,668
-908,185
| -32% | -$19.8M |
|
516
CRISPR Therapeutics
CRSP
$4.73B
| $43.4M | 0.04% |
283,151
+16,284
| +6% | +$1.92M |
|
517
Vanguard Real Estate ETF
VNQ
$39.2B
| $43.3M | 0.04% |
509,723
+85,290
| +20% | +$7.07M |
|
|
CCXI
518
DELISTED
ChemoCentryx, Inc.
CCXI
| $43.2M | 0.04% |
697,094
-76,376
| -10% | -$4.37M |
|
519
Fastenal
FAST
$54.7B
| $43M | 0.04% |
1,760,448
-1,898,554
| -52% | -$44.7M |
|
520
Groupon
GRPN
$1.05B
| $42.9M | 0.04% |
1,129,260
-73,827
| -6% | -$2.03M |
|
521
Post Holdings
POST
$4.14B
| $42.5M | 0.04% |
643,532
-106,024
| -14% | -$6.55M |
|
522
CALL
FedEx
FDX
$72.7B
| $42.4M | 0.04% |
163,500
+6,500
| +4% | +$1.8M |
|
|
WCN
523
Waste Connections
WCN
$42.2B
| $42.3M | 0.04% |
412,490
+341,550
| +481% | +$35.3M |
|
|
ACIA
524
DELISTED
Acacia Communications Inc
ACIA
| $42.3M | 0.04% |
579,286
-100,749
| -15% | -$6.97M |
|
525
Travere Therapeutics
TVTX
$5.2B
| $42.1M | 0.04% |
1,543,842
-109,196
| -7% | -$2.55M |
|
Similar funds
D.E. Shaw & Co's Q4 2020 Portfolio in Review
As of Q4 2020, D.E. Shaw & Co held 4,343 positions worth $112B, up 14% from $97.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $10.3B in Q4 2020, closing 477 positions and reducing 1,508 holdings. Its most notable exit was iShares Gold Trust, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Snowflake worth $147M.
- D.E. Shaw & Co's largest Q4 2020 buy was Snowflake: 523,721 shares worth $147M.
- D.E. Shaw & Co added most to Snap in Q4 2020, an estimated $362M increase.
- D.E. Shaw & Co's biggest Q4 2020 reduction was Tesla, cutting an estimated $559M.
- D.E. Shaw & Co fully exited iShares Gold Trust in Q4 2020, selling an estimated $217M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $112B portfolio in Q4 2020.
- D.E. Shaw & Co opened 563 new positions and closed 477 in Q4 2020.
- D.E. Shaw & Co's portfolio value rose 14% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q4 2020, filed 16 Feb 2021.