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 | |
|---|---|---|---|---|---|---|
2726
PUT
NetApp
NTAP
$33.3B
| $1.32M | ﹤0.01% |
20,000
-22,400
| -53% | -$1.18M |
|
|
BDSI
2727
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $1.32M | ﹤0.01% |
315,271
-73,231
| -19% | -$282K |
|
2728
Grupo Aval
AVAL
$5.72B
| $1.32M | ﹤0.01% |
191,855
-44,916
| -19% | -$245K |
|
2729
CALL
Citizens Financial Group
CFG
$30.1B
| $1.32M | ﹤0.01% |
+36,900
| New | +$1.16M |
|
|
AMRS
2730
DELISTED
Amyris Inc.
AMRS
| $1.32M | ﹤0.01% |
+213,679
| New | +$683K |
|
|
NAV
2731
PUT
DELISTED
Navistar International
NAV
| $1.32M | ﹤0.01% |
30,000
| – | – |
|
2732
Stride
LRN
$3.83B
| $1.32M | ﹤0.01% |
62,037
-174,838
| -74% | -$4.34M |
|
2733
OneSpaWorld
OSW
$2.76B
| $1.32M | ﹤0.01% |
129,897
-57,073
| -31% | -$451K |
|
2734
Rapid7
RPD
$643M
| $1.31M | ﹤0.01% |
14,585
+7,527
| +107% | +$538K |
|
|
CELL
2735
DELISTED
PhenomeX Inc. Common Stock
CELL
| $1.31M | ﹤0.01% |
+14,677
| New | +$1.23M |
|
2736
CALL
Tencent Music
TME
$15.3B
| $1.31M | ﹤0.01% |
68,100
-91,900
| -57% | -$1.49M |
|
2737
PUT
Mattel
MAT
$4.3B
| $1.31M | ﹤0.01% |
75,000
-100,000
| -57% | -$1.47M |
|
2738
CALL
ON Semiconductor
ON
$34.7B
| $1.31M | ﹤0.01% |
40,000
| – | – |
|
2739
CALL
Camping World
CWH
$389M
| $1.3M | ﹤0.01% |
50,000
| – | – |
|
|
CLR
2740
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.3M | ﹤0.01% |
79,600
| – | – |
|
2741
Prospect Capital
PSEC
$1.12B
| $1.29M | ﹤0.01% |
+239,417
| New | +$1.26M |
|
|
TIF
2742
DELISTED
Tiffany & Co.
TIF
| $1.29M | ﹤0.01% |
9,848
-626,474
| -98% | -$80.2M |
|
2743
Designer Brands
DBI
$298M
| $1.29M | ﹤0.01% |
169,187
-639,345
| -79% | -$4.25M |
|
2744
CALL
Nucor
NUE
$56.4B
| $1.29M | ﹤0.01% |
24,300
-30,900
| -56% | -$1.6M |
|
2745
CALL
Unisys
UIS
$245M
| $1.29M | ﹤0.01% |
+65,700
| New | +$945K |
|
2746
Ulta Beauty
ULTA
$20.7B
| $1.29M | ﹤0.01% |
4,502
-22,777
| -83% | -$5.76M |
|
2747
CALL
Arrowhead Research
ARWR
$12B
| $1.29M | ﹤0.01% |
16,800
| – | – |
|
2748
Acushnet Holdings
GOLF
$6.08B
| $1.29M | ﹤0.01% |
+31,794
| New | +$1.19M |
|
2749
PUT
Stratasys
SSYS
$700M
| $1.29M | ﹤0.01% |
62,200
| – | – |
|
2750
Whirlpool
WHR
$2.44B
| $1.29M | ﹤0.01% |
7,134
-18,432
| -72% | -$3.53M |
|
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.