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 | |
|---|---|---|---|---|---|---|
2626
CALL
Papa John's
PZZA
$997M
| $1.5M | ﹤0.01% |
17,700
| – | – |
|
2627
Sterling Infrastructure
STRL
$19.5B
| $1.5M | ﹤0.01% |
80,719
+13,937
| +21% | +$227K |
|
|
FFIC
2628
DELISTED
Flushing Financial
FFIC
| $1.5M | ﹤0.01% |
90,194
-31,632
| -26% | -$438K |
|
|
WIRE
2629
DELISTED
Encore Wire Corp
WIRE
| $1.5M | ﹤0.01% |
24,775
-7,502
| -23% | -$388K |
|
2630
Timken Company
TKR
$9.81B
| $1.5M | ﹤0.01% |
19,359
-14,361
| -43% | -$978K |
|
2631
CALL
American Eagle Outfitters
AEO
$2.98B
| $1.5M | ﹤0.01% |
+74,600
| New | +$1.25M |
|
2632
Progyny
PGNY
$2.47B
| $1.5M | ﹤0.01% |
+35,314
| New | +$1.15M |
|
|
CLDR
2633
CALL
DELISTED
Cloudera, Inc.
CLDR
| $1.5M | ﹤0.01% |
107,500
-92,500
| -46% | -$1.06M |
|
|
NSA
2634
DELISTED
National Storage Affiliates Trust
NSA
| $1.49M | ﹤0.01% |
+41,454
| New | +$1.43M |
|
2635
PUT
PNC Financial Services
PNC
$99.6B
| $1.49M | ﹤0.01% |
10,000
-8,500
| -46% | -$1.09M |
|
2636
CALL
Seagate
STX
$185B
| $1.49M | ﹤0.01% |
+23,900
| New | +$1.34M |
|
|
BNY
2637
PUT
Bank of New York Mellon
BNY
$107B
| $1.49M | ﹤0.01% |
35,000
+14,000
| +67% | +$538K |
|
2638
PUT
Caesars Entertainment
CZR
$6.1B
| $1.49M | ﹤0.01% |
+20,000
| New | +$1.25M |
|
2639
EastGroup Properties
EGP
$11.3B
| $1.48M | ﹤0.01% |
+10,741
| New | +$1.49M |
|
2640
PUT
Vulcan Materials
VMC
$36.9B
| $1.48M | ﹤0.01% |
10,000
| – | – |
|
|
SI
2641
DELISTED
Silvergate Capital Corporation
SI
| $1.48M | ﹤0.01% |
+19,906
| New | +$656K |
|
2642
CALL
Ashland
ASH
$3.04B
| $1.47M | ﹤0.01% |
+18,600
| New | +$1.41M |
|
2643
CALL
Zumiez
ZUMZ
$328M
| $1.47M | ﹤0.01% |
40,000
| – | – |
|
|
USX
2644
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $1.47M | ﹤0.01% |
215,026
-3,656
| -2% | -$28.5K |
|
2645
CALL
Fluor
FLR
$7.22B
| $1.47M | ﹤0.01% |
91,900
-15,600
| -15% | -$221K |
|
2646
PUT
Fox Class A
FOXA
$23.8B
| $1.47M | ﹤0.01% |
50,400
| – | – |
|
|
MSGN
2647
DELISTED
MSG Networks Inc.
MSGN
| $1.47M | ﹤0.01% |
99,357
+64,949
| +189% | +$726K |
|
2648
Ovintiv
OVV
$16.6B
| $1.46M | ﹤0.01% |
101,984
+81,841
| +406% | +$959K |
|
2649
CALL
Chubb
CB
$139B
| $1.46M | ﹤0.01% |
9,500
| – | – |
|
2650
Comtech Telecommunications
CMTL
$54.5M
| $1.46M | ﹤0.01% |
+70,656
| New | +$1.24M |
|
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.