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 | |
|---|---|---|---|---|---|---|
2576
Horizon Technology Finance
HRZN
$295M
| $1.67M | ﹤0.01% |
129,140
+93,458
| +262% | +$1.15M |
|
2577
CALL
Forrester Research
FORR
$200M
| $1.67M | ﹤0.01% |
40,000
| – | – |
|
2578
Kforce
KFRC
$1.04B
| $1.67M | ﹤0.01% |
42,036
+1,796
| +4% | +$71K |
|
|
BIG
2579
DELISTED
Big Lots, Inc.
BIG
| $1.67M | ﹤0.01% |
58,088
-117,176
| -67% | -$2.7M |
|
2580
Grupo Aval
AVAL
$5.79B
| $1.67M | ﹤0.01% |
191,162
+32,615
| +21% | +$263K |
|
2581
Hackett Group
HCKT
$266M
| $1.66M | ﹤0.01% |
103,112
+66,492
| +182% | +$1.06M |
|
2582
Vale
VALE
$62.6B
| $1.66M | ﹤0.01% |
126,072
-29,032
| -19% | -$349K |
|
2583
Canadian Solar
CSIQ
$927M
| $1.66M | ﹤0.01% |
+75,254
| New | +$1.36M |
|
2584
CubeSmart
CUBE
$9.62B
| $1.66M | ﹤0.01% |
52,824
-214,338
| -80% | -$6.88M |
|
|
2585
PUT
Canadian Solar
CSIQ
$927M
| $1.66M | ﹤0.01% |
75,000
-37,200
| -33% | -$674K |
|
2586
PUT
Banco Macro
BMA
$5.81B
| $1.65M | ﹤0.01% |
+45,400
| New | +$1.22M |
|
|
CZZ
2587
DELISTED
Cosan Limited
CZZ
| $1.65M | ﹤0.01% |
72,009
+13,369
| +23% | +$237K |
|
2588
Luxfer Holdings
LXFR
$456M
| $1.64M | ﹤0.01% |
88,721
-50,528
| -36% | -$870K |
|
2589
AB InBev
BUD
$161B
| $1.64M | ﹤0.01% |
19,992
-46,923
| -70% | -$3.91M |
|
2590
Estee Lauder
EL
$30.7B
| $1.64M | ﹤0.01% |
7,938
-219,130
| -97% | -$42.6M |
|
2591
Peapack-Gladstone Financial
PGC
$846M
| $1.64M | ﹤0.01% |
53,035
+12,160
| +30% | +$358K |
|
2592
CALL
Welltower
WELL
$175B
| $1.64M | ﹤0.01% |
20,000
-58,800
| -75% | -$5.03M |
|
|
ATVI
2593
CALL
DELISTED
Activision Blizzard
ATVI
| $1.63M | ﹤0.01% |
27,500
+21,600
| +366% | +$1.2M |
|
2594
Astec Industries
ASTE
$1.26B
| $1.63M | ﹤0.01% |
38,877
-55,019
| -59% | -$2M |
|
2595
Mitek Systems
MITK
$758M
| $1.63M | ﹤0.01% |
212,530
+144,358
| +212% | +$1.22M |
|
2596
PUT
Citizens Financial Group
CFG
$30.8B
| $1.62M | ﹤0.01% |
40,000
| – | – |
|
|
CMA
2597
PUT
DELISTED
Comerica
CMA
| $1.62M | ﹤0.01% |
22,600
-8,200
| -27% | -$563K |
|
2598
OR Royalties Inc
OR
$5.52B
| $1.62M | ﹤0.01% |
+166,960
| New | +$1.52M |
|
|
FFIC
2599
DELISTED
Flushing Financial
FFIC
| $1.62M | ﹤0.01% |
74,953
-22,124
| -23% | -$471K |
|
|
TEN
2600
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.61M | ﹤0.01% |
123,300
+57,700
| +88% | +$757K |
|
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.