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 |
Walt Disney
DIS
|
+$642M |
| 2 |
Boeing
BA
|
+$429M |
| 3 |
Alibaba
BABA
|
+$313M |
| 4 |
Advanced Micro Devices
AMD
|
+$304M |
| 5 |
JD.com
JD
|
+$275M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.13B |
| 2 |
Amazon
AMZN
|
+$456M |
| 3 |
Procter & Gamble
PG
|
+$359M |
| 4 |
JPMorgan Chase
JPM
|
+$304M |
| 5 |
Costco
COST
|
+$298M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.37% |
| 2 | Consumer Discretionary | 12.29% |
| 3 | Healthcare | 8.61% |
| 4 | Financials | 6.39% |
| 5 | Communication Services | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGEN
2701
Agenus
AGEN
$255M
| $1.07M | ﹤0.01% |
13,598
-18,952
| -58% | -$1.47M |
|
2702
Cincinnati Financial
CINF
$28.5B
| $1.07M | ﹤0.01% |
+13,679
| New | +$1.06M |
|
|
BNFT
2703
DELISTED
Benefitfocus, Inc.
BNFT
| $1.07M | ﹤0.01% |
95,177
-121,842
| -56% | -$1.34M |
|
2704
Atlanta Braves Holdings Series A
BATRA
$3.53B
| $1.06M | ﹤0.01% |
50,943
+38,703
| +316% | +$755K |
|
|
MORF
2705
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $1.06M | ﹤0.01% |
38,848
-3,507
| -8% | -$91.9K |
|
|
WOW
2706
DELISTED
WideOpenWest
WOW
| $1.06M | ﹤0.01% |
204,303
-80,463
| -28% | -$463K |
|
2707
Energous
WATT
$78.7M
| $1.06M | ﹤0.01% |
598
+344
| +135% | +$674K |
|
|
HA
2708
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.06M | ﹤0.01% |
82,000
| – | – |
|
2709
PUT
Cummins
CMI
$91.3B
| $1.06M | ﹤0.01% |
5,000
-59,200
| -92% | -$11.8M |
|
|
AD
2710
Array Digital Infrastructure
AD
$2.99B
| $1.05M | ﹤0.01% |
+35,733
| New | +$1.17M |
|
|
AAWW
2711
CALL
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $1.05M | ﹤0.01% |
+17,300
| New | +$950K |
|
2712
SLR Investment Corp
SLRC
$705M
| $1.05M | ﹤0.01% |
66,460
-20,886
| -24% | -$342K |
|
2713
FormFactor
FORM
$7.7B
| $1.05M | ﹤0.01% |
42,177
-97,362
| -70% | -$2.71M |
|
|
UFS
2714
PUT
DELISTED
DOMTAR CORPORATION (New)
UFS
| $1.05M | ﹤0.01% |
+40,000
| New | +$1.01M |
|
|
CASA
2715
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.05M | ﹤0.01% |
259,866
-63,591
| -20% | -$298K |
|
2716
PUT
Galicia Financial Group
GGAL
$8.03B
| $1.04M | ﹤0.01% |
144,300
-112,000
| -44% | -$1.17M |
|
2717
Fulton Financial
FULT
$4.67B
| $1.04M | ﹤0.01% |
111,913
-89,129
| -44% | -$876K |
|
2718
ICICI Bank
IBN
$107B
| $1.04M | ﹤0.01% |
106,197
+89,097
| +521% | +$887K |
|
|
BKCC
2719
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $1.04M | ﹤0.01% |
425,292
+50,151
| +13% | +$132K |
|
2720
Dow Inc
DOW
$20.8B
| $1.03M | ﹤0.01% |
21,981
-58,935
| -73% | -$2.65M |
|
2721
Enova International
ENVA
$6.27B
| $1.03M | ﹤0.01% |
63,051
-81,977
| -57% | -$1.32M |
|
2722
PUT
Winnebago Industries
WGO
$879M
| $1.03M | ﹤0.01% |
20,000
-31,500
| -61% | -$1.81M |
|
|
ZEN
2723
CALL
DELISTED
ZENDESK INC
ZEN
| $1.03M | ﹤0.01% |
10,000
| – | – |
|
2724
Ormat Technologies
ORA
$6.28B
| $1.02M | ﹤0.01% |
17,338
+10,475
| +153% | +$632K |
|
2725
Precigen
PGEN
$1.93B
| $1.02M | ﹤0.01% |
292,656
-51,178
| -15% | -$243K |
|
Similar funds
D.E. Shaw & Co's Q3 2020 Portfolio in Review
As of Q3 2020, D.E. Shaw & Co held 4,373 positions worth $97.7B, up 16% from $83.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q3 2020 filing shows 420 new, 1,314 increased, 1,591 reduced and 597 closed positions. Its largest new stake was iShares Gold Trust: 6,019,847 shares worth $217M. The largest sale was Apple, an estimated $1.13B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2020 buy was iShares Gold Trust: 6,019,847 shares worth $217M.
- D.E. Shaw & Co added most to Walt Disney in Q3 2020, an estimated $642M increase.
- D.E. Shaw & Co's biggest Q3 2020 reduction was Apple, cutting an estimated $1.13B.
- D.E. Shaw & Co fully exited American Airlines Group in Q3 2020, selling an estimated $106M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.7B portfolio in Q3 2020.
- D.E. Shaw & Co opened 420 new positions and closed 597 in Q3 2020.
- D.E. Shaw & Co's portfolio value rose 16% quarter-over-quarter to $97.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2020, filed 16 Nov 2020.