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 | |
|---|---|---|---|---|---|---|
2001
CALL
DXC Technology
DXC
$1.85B
| $3.38M | ﹤0.01% |
90,000
+50,000
| +125% | +$1.63M |
|
2002
PUT
Ferrari
RACE
$68.4B
| $3.38M | ﹤0.01% |
20,400
+400
| +2% | +$64.7K |
|
2003
Parsons
PSN
$4.6B
| $3.38M | ﹤0.01% |
81,772
+53,676
| +191% | +$2M |
|
|
CMBT
2004
CMB.TECH NV
CMBT
$4.72B
| $3.38M | ﹤0.01% |
269,246
+244,982
| +1,010% | +$2.71M |
|
|
PENG
2005
Penguin Solutions Inc
PENG
$2.7B
| $3.38M | ﹤0.01% |
177,906
+17,106
| +11% | +$265K |
|
2006
CALL
The Mosaic Company
MOS
$7.05B
| $3.37M | ﹤0.01% |
155,800
+52,700
| +51% | +$1.04M |
|
2007
CALL
Franco-Nevada
FNV
$41.2B
| $3.37M | ﹤0.01% |
+32,600
| New | +$3.15M |
|
|
GRUB
2008
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $3.37M | ﹤0.01% |
34,600
+2,950
| +9% | +$270K |
|
|
GRA
2009
CALL
DELISTED
W.R. Grace & Co.
GRA
| $3.36M | ﹤0.01% |
48,100
| – | – |
|
|
CKH
2010
DELISTED
Seacor Holdings Inc.
CKH
| $3.36M | ﹤0.01% |
77,845
+19,916
| +34% | +$870K |
|
2011
PUT
Ternium
TX
$9.62B
| $3.36M | ﹤0.01% |
152,600
+30,000
| +24% | +$611K |
|
2012
CALL
IDEX
IEX
$16.9B
| $3.35M | ﹤0.01% |
19,500
| – | – |
|
2013
Spotify
SPOT
$104B
| $3.35M | ﹤0.01% |
22,371
-36,088
| -62% | -$4.96M |
|
|
COR
2014
DELISTED
Coresite Realty Corporation
COR
| $3.35M | ﹤0.01% |
+29,838
| New | +$3.45M |
|
|
ARCE
2015
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $3.34M | ﹤0.01% |
75,498
+66,665
| +755% | +$2.97M |
|
|
TTM
2016
PUT
DELISTED
Tata Motors Limited
TTM
| $3.34M | ﹤0.01% |
258,000
| – | – |
|
2017
CALL
Electronic Arts
EA
$53B
| $3.33M | ﹤0.01% |
31,000
-21,500
| -41% | -$2.13M |
|
2018
CVB Financial
CVBF
$3.97B
| $3.33M | ﹤0.01% |
154,273
-80,903
| -34% | -$1.71M |
|
2019
ADT
ADT
$5.56B
| $3.32M | ﹤0.01% |
418,900
-145,555
| -26% | -$1.15M |
|
2020
CALL
Expedia Group
EXPE
$35.1B
| $3.32M | ﹤0.01% |
30,700
-5,700
| -16% | -$669K |
|
|
OPB
2021
DELISTED
Opus Bank Common Stock
OPB
| $3.31M | ﹤0.01% |
128,054
+32,263
| +34% | +$798K |
|
2022
CALL
CarMax
KMX
$8.18B
| $3.31M | ﹤0.01% |
37,700
| – | – |
|
|
CSII
2023
DELISTED
Cardiovascular Systems, Inc.
CSII
| $3.3M | ﹤0.01% |
67,943
-55,441
| -45% | -$2.52M |
|
|
CLLS
2024
Cellectis
CLLS
$283M
| $3.29M | ﹤0.01% |
192,330
+55,107
| +40% | +$736K |
|
2025
XBiotech
XBIT
$68M
| $3.28M | ﹤0.01% |
+175,789
| New | +$2.26M |
|
Similar funds
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.