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 | |
|---|---|---|---|---|---|---|
2501
Cabot Corp
CBT
$4.75B
| $1.82M | ﹤0.01% |
+40,575
| New | +$1.68M |
|
2502
PUT
Cincinnati Financial
CINF
$28.4B
| $1.82M | ﹤0.01% |
20,800
| – | – |
|
2503
Erie Indemnity
ERIE
$12.7B
| $1.82M | ﹤0.01% |
+7,396
| New | +$1.73M |
|
|
LBAI
2504
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.81M | ﹤0.01% |
142,570
+8,161
| +6% | +$96.2K |
|
2505
PUT
NRG Energy
NRG
$27.2B
| $1.81M | ﹤0.01% |
48,200
| – | – |
|
2506
Materion
MTRN
$4.6B
| $1.81M | ﹤0.01% |
28,389
+13,752
| +94% | +$791K |
|
2507
Cognizant
CTSH
$23.8B
| $1.81M | ﹤0.01% |
22,045
+11,198
| +103% | +$852K |
|
|
SRDX
2508
DELISTED
Surmodics
SRDX
| $1.8M | ﹤0.01% |
41,426
-2,878
| -6% | -$113K |
|
2509
Jacobs Solutions
J
$16.3B
| $1.79M | ﹤0.01% |
+19,886
| New | +$1.69M |
|
|
CADE
2510
DELISTED
Cadence Bank
CADE
| $1.79M | ﹤0.01% |
65,174
+34,911
| +115% | +$882K |
|
2511
PUT
Bread Financial
BFH
$4.27B
| $1.79M | ﹤0.01% |
30,197
-134,823
| -82% | -$6.78M |
|
|
GOOS
2512
PUT
Canada Goose Holdings
GOOS
$895M
| $1.79M | ﹤0.01% |
60,000
| – | – |
|
2513
CONMED
CNMD
$1.4B
| $1.78M | ﹤0.01% |
15,934
-5,699
| -26% | -$540K |
|
|
EXTN
2514
DELISTED
Exterran Corporation
EXTN
| $1.78M | ﹤0.01% |
403,646
+24,099
| +6% | +$103K |
|
|
ANAT
2515
DELISTED
American National Group, Inc. Common Stock
ANAT
| $1.78M | ﹤0.01% |
18,559
+4,092
| +28% | +$330K |
|
|
PSB
2516
DELISTED
PS Business Parks, Inc.
PSB
| $1.78M | ﹤0.01% |
13,376
-17,645
| -57% | -$2.27M |
|
2517
PUT
HCA Healthcare
HCA
$90B
| $1.78M | ﹤0.01% |
10,800
+800
| +8% | +$117K |
|
2518
PUT
Leggett & Platt
LEG
$1.49B
| $1.77M | ﹤0.01% |
40,000
| – | – |
|
2519
American States Water
AWR
$3.49B
| $1.77M | ﹤0.01% |
22,234
-82,108
| -79% | -$6.29M |
|
2520
PMV Pharmaceuticals
PMVP
$59.2M
| $1.77M | ﹤0.01% |
+28,736
| New | +$1.13M |
|
2521
UMB Financial
UMBF
$10.7B
| $1.76M | ﹤0.01% |
25,585
+15,397
| +151% | +$987K |
|
2522
PUT
Assured Guaranty
AGO
$3.81B
| $1.76M | ﹤0.01% |
56,000
-47,000
| -46% | -$1.38M |
|
|
CCRN
2523
DELISTED
Cross Country Healthcare
CCRN
| $1.76M | ﹤0.01% |
198,597
-80,917
| -29% | -$658K |
|
2524
CALL
F5
FFIV
$22.7B
| $1.76M | ﹤0.01% |
10,000
| – | – |
|
2525
SLR Investment Corp
SLRC
$710M
| $1.76M | ﹤0.01% |
100,265
+33,805
| +51% | +$573K |
|
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.