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 | |
|---|---|---|---|---|---|---|
2751
Enpro
NPO
$6.95B
| $1.28M | ﹤0.01% |
17,011
-11,667
| -41% | -$783K |
|
2752
Castle Biosciences
CSTL
$741M
| $1.28M | ﹤0.01% |
19,089
+10,492
| +122% | +$569K |
|
2753
Nutrien
NTR
$32.4B
| $1.28M | ﹤0.01% |
26,620
-142,177
| -84% | -$6.28M |
|
2754
Granite Construction
GVA
$5.49B
| $1.28M | ﹤0.01% |
47,941
-173,250
| -78% | -$3.98M |
|
2755
CALL
Hasbro
HAS
$12.8B
| $1.28M | ﹤0.01% |
13,700
+9,700
| +243% | +$862K |
|
2756
Fortis
FTS
$29.7B
| $1.28M | ﹤0.01% |
+31,256
| New | +$1.28M |
|
2757
Iridium Communications
IRDM
$4.87B
| $1.28M | ﹤0.01% |
+32,442
| New | +$1.02M |
|
2758
PUT
M&T Bank
MTB
$36B
| $1.27M | ﹤0.01% |
10,000
-8,000
| -44% | -$911K |
|
2759
CALL
Southern Company
SO
$109B
| $1.27M | ﹤0.01% |
20,700
-61,700
| -75% | -$3.71M |
|
2760
CALL
Bread Financial
BFH
$4.29B
| $1.27M | ﹤0.01% |
21,426
-32,954
| -61% | -$1.66M |
|
2761
Lincoln National
LNC
$7.88B
| $1.26M | ﹤0.01% |
25,138
+226
| +0.9% | +$9.61K |
|
2762
PUT
Galicia Financial Group
GGAL
$8.03B
| $1.26M | ﹤0.01% |
144,300
| – | – |
|
|
CLDT
2763
Chatham Lodging
CLDT
$643M
| $1.25M | ﹤0.01% |
115,872
-79,460
| -41% | -$761K |
|
|
AVID
2764
DELISTED
Avid Technology Inc
AVID
| $1.25M | ﹤0.01% |
+78,835
| New | +$883K |
|
|
QTT
2765
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $1.25M | ﹤0.01% |
78,583
+32,147
| +69% | +$755K |
|
2766
Manhattan Associates
MANH
$9.42B
| $1.25M | ﹤0.01% |
+11,858
| New | +$1.17M |
|
2767
PUT
Alaska Air
ALK
$5.3B
| $1.24M | ﹤0.01% |
23,900
-10,000
| -29% | -$450K |
|
2768
CALL
Cardinal Health
CAH
$53.7B
| $1.24M | ﹤0.01% |
23,200
| – | – |
|
2769
Carriage Services
CSV
$635M
| $1.24M | ﹤0.01% |
39,676
+12,759
| +47% | +$348K |
|
2770
CALL
Diodes
DIOD
$3.95B
| $1.24M | ﹤0.01% |
17,600
| – | – |
|
2771
CALL
Dell
DELL
$276B
| $1.24M | ﹤0.01% |
33,344
-73,987
| -69% | -$2.58M |
|
2772
Star Bulk Carriers
SBLK
$3.02B
| $1.24M | ﹤0.01% |
+140,014
| New | +$1.04M |
|
2773
First Financial Corp
THFF
$924M
| $1.24M | ﹤0.01% |
31,813
+25,081
| +373% | +$915K |
|
2774
CALL
PepsiCo
PEP
$191B
| $1.23M | ﹤0.01% |
8,300
| – | – |
|
|
RUBY
2775
DELISTED
Rubius Therapeutics, Inc
RUBY
| $1.22M | ﹤0.01% |
161,097
+123,748
| +331% | +$735K |
|
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.