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 |
Emerson Electric
EMR
|
+$546M |
| 2 |
Amazon
AMZN
|
+$515M |
| 3 |
Tesla
TSLA
|
+$389M |
| 4 |
Netflix
NFLX
|
+$322M |
| 5 |
Adobe
ADBE
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$836M |
| 2 |
CELG
Celgene Corp
CELG
|
+$460M |
| 3 |
NVIDIA
NVDA
|
+$429M |
| 4 |
ConocoPhillips
COP
|
+$311M |
| 5 |
Biogen
BIIB
|
+$301M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Consumer Discretionary | 11.75% |
| 3 | Healthcare | 9.92% |
| 4 | Financials | 7.86% |
| 5 | Industrials | 6.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
CALL
Progressive
PGR
$124B
| $3.62M | ﹤0.01% |
50,000
+30,000
| +150% | +$2.16M |
|
1952
Kura Oncology
KURA
$826M
| $3.62M | ﹤0.01% |
263,220
+67,322
| +34% | +$998K |
|
1953
CALL
Truist Financial
TFC
$63.5B
| $3.6M | ﹤0.01% |
64,000
+20,000
| +45% | +$1.08M |
|
1954
WaFd
WAFD
$2.69B
| $3.6M | ﹤0.01% |
98,105
+39,543
| +68% | +$1.45M |
|
1955
Children's Place
PLCE
$54.3M
| $3.59M | ﹤0.01% |
57,377
-127,803
| -69% | -$9.32M |
|
1956
PUT
Macerich
MAC
$7.22B
| $3.58M | ﹤0.01% |
133,100
+44,700
| +51% | +$1.23M |
|
|
AUY
1957
DELISTED
Yamana Gold, Inc.
AUY
| $3.58M | ﹤0.01% |
905,193
-751,061
| -45% | -$2.64M |
|
1958
Hanover Insurance
THG
$8.01B
| $3.58M | ﹤0.01% |
26,185
-22,605
| -46% | -$3.04M |
|
1959
Tenet Healthcare
THC
$20.3B
| $3.58M | ﹤0.01% |
94,067
-248,429
| -73% | -$7.44M |
|
1960
Pacific Biosciences
PACB
$460M
| $3.58M | ﹤0.01% |
695,814
+310,358
| +81% | +$1.58M |
|
1961
Fastly Inc
FSLY
$3.37B
| $3.58M | ﹤0.01% |
178,148
+98,336
| +123% | +$2.07M |
|
1962
Tetra Tech
TTEK
$8.31B
| $3.58M | ﹤0.01% |
207,475
-139,965
| -40% | -$2.42M |
|
1963
PUT
Dollar Tree
DLTR
$24.7B
| $3.57M | ﹤0.01% |
+38,000
| New | +$3.99M |
|
1964
PUT
Chemed
CHE
$7.1B
| $3.56M | ﹤0.01% |
8,100
+4,100
| +103% | +$1.72M |
|
1965
Essent Group
ESNT
$6.12B
| $3.56M | ﹤0.01% |
68,406
+24,655
| +56% | +$1.29M |
|
1966
EPAM Systems
EPAM
$5.42B
| $3.55M | ﹤0.01% |
16,735
+11,252
| +205% | +$2.21M |
|
1967
CALL
O'Reilly Automotive
ORLY
$71.3B
| $3.55M | ﹤0.01% |
121,500
| – | – |
|
1968
Becton Dickinson
BDX
$45.6B
| $3.55M | ﹤0.01% |
13,377
-32,298
| -71% | -$8.05M |
|
1969
CALL
Stanley Black & Decker
SWK
$14.4B
| $3.55M | ﹤0.01% |
21,400
-20,000
| -48% | -$3.1M |
|
1970
PUT
Qorvo
QRVO
$8.01B
| $3.54M | ﹤0.01% |
+30,500
| New | +$2.95M |
|
|
CTRA
1971
PUT
DELISTED
Coterra Energy
CTRA
| $3.54M | ﹤0.01% |
+203,400
| New | +$3.53M |
|
|
EBIX
1972
PUT
DELISTED
Ebix Inc
EBIX
| $3.54M | ﹤0.01% |
106,000
-37,200
| -26% | -$1.37M |
|
|
GWPH
1973
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $3.54M | ﹤0.01% |
33,828
+25,744
| +318% | +$2.89M |
|
1974
CALL
Broadridge
BR
$17.9B
| $3.53M | ﹤0.01% |
28,600
| – | – |
|
1975
CALL
Mondelez International
MDLZ
$80.5B
| $3.52M | ﹤0.01% |
63,900
-110,000
| -63% | -$5.88M |
|
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D.E. Shaw & Co's Q4 2019 Portfolio in Review
As of Q4 2019, D.E. Shaw & Co held 4,337 positions worth $87.5B, up 7.7% from $81.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q4 2019 filing shows 572 new, 1,477 increased, 1,498 reduced and 412 closed positions. Its largest new stake was Tesla: 17,953,230 shares worth $501M. The largest sale was Alibaba, an estimated $836M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2019 buy was Tesla: 17,953,230 shares worth $501M.
- D.E. Shaw & Co added most to Emerson Electric in Q4 2019, an estimated $546M increase.
- D.E. Shaw & Co's biggest Q4 2019 reduction was Alibaba, cutting an estimated $836M.
- D.E. Shaw & Co fully exited Celgene Corp in Q4 2019, selling an estimated $460M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $87.5B portfolio in Q4 2019.
- D.E. Shaw & Co opened 572 new positions and closed 412 in Q4 2019.
- D.E. Shaw & Co's portfolio value rose 7.7% quarter-over-quarter to $87.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2019, filed 14 Feb 2020.