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 | |
|---|---|---|---|---|---|---|
2651
Rayonier
RYN
$6.52B
| $1.46M | ﹤0.01% |
54,867
-49,194
| -47% | -$1.25M |
|
|
BHR
2652
Braemar Hotels & Resorts
BHR
$157M
| $1.46M | ﹤0.01% |
316,794
+155,008
| +96% | +$543K |
|
2653
CALL
Suncor Energy
SU
$75.6B
| $1.46M | ﹤0.01% |
87,000
+7,000
| +9% | +$103K |
|
2654
PUT
Hasbro
HAS
$12.8B
| $1.46M | ﹤0.01% |
15,600
+1,700
| +12% | +$151K |
|
|
CASA
2655
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.45M | ﹤0.01% |
235,351
-24,515
| -9% | -$129K |
|
2656
AdaptHealth
AHCO
$1.49B
| $1.45M | ﹤0.01% |
+38,621
| New | +$1.19M |
|
2657
PUT
LendingTree
TREE
$564M
| $1.45M | ﹤0.01% |
5,300
-50,400
| -90% | -$15M |
|
2658
CVB Financial
CVBF
$3.97B
| $1.45M | ﹤0.01% |
+74,255
| New | +$1.41M |
|
2659
CALL
AutoNation
AN
$7.1B
| $1.45M | ﹤0.01% |
20,700
-62,200
| -75% | -$3.91M |
|
|
INFN
2660
DELISTED
Infinera Corporation Common Stock
INFN
| $1.44M | ﹤0.01% |
137,699
-60,090
| -30% | -$477K |
|
2661
Cheesecake Factory
CAKE
$4.32B
| $1.44M | ﹤0.01% |
38,749
-124,169
| -76% | -$4.26M |
|
|
CUTR
2662
DELISTED
Cutera, Inc.
CUTR
| $1.43M | ﹤0.01% |
59,341
-7,131
| -11% | -$152K |
|
|
SIVB
2663
DELISTED
SVB Financial Group
SIVB
| $1.43M | ﹤0.01% |
3,675
+922
| +33% | +$299K |
|
2664
Insperity
NSP
$1.92B
| $1.42M | ﹤0.01% |
17,484
-55,190
| -76% | -$4.53M |
|
2665
OceanFirst Financial
OCFC
$1.7B
| $1.42M | ﹤0.01% |
76,446
+56,470
| +283% | +$924K |
|
|
AT
2666
DELISTED
Atlantic Power Corporation
AT
| $1.42M | ﹤0.01% |
677,296
+1,221
| +0.2% | +$2.47K |
|
2667
CALL
Travel + Leisure Co
TNL
$4.68B
| $1.42M | ﹤0.01% |
31,600
+1,600
| +5% | +$62.8K |
|
2668
CALL
Digimarc Corp
DMRC
$137M
| $1.42M | ﹤0.01% |
+30,000
| New | +$1.17M |
|
2669
PUT
Ball Corp
BALL
$17.2B
| $1.42M | ﹤0.01% |
15,200
| – | – |
|
2670
Univest Financial
UVSP
$1.23B
| $1.42M | ﹤0.01% |
68,827
-7,629
| -10% | -$137K |
|
2671
Vuzix
VUZI
$193M
| $1.41M | ﹤0.01% |
155,694
+98,659
| +173% | +$492K |
|
|
CHNG
2672
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $1.41M | ﹤0.01% |
75,715
-296,085
| -80% | -$4.87M |
|
2673
First Hawaiian
FHB
$3.38B
| $1.41M | ﹤0.01% |
59,781
-207,829
| -78% | -$4.16M |
|
2674
CALL
Mohawk Industries
MHK
$7.05B
| $1.41M | ﹤0.01% |
10,000
-21,800
| -69% | -$2.63M |
|
|
PPL
2675
CALL
PPL Corp
PPL
$27.1B
| $1.41M | ﹤0.01% |
+50,000
| New | +$1.42M |
|
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.