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 | |
|---|---|---|---|---|---|---|
2801
PUT
General Mills
GIS
$19.6B
| $1.18M | ﹤0.01% |
20,000
| – | – |
|
2802
Financial Institutions
FISI
$806M
| $1.18M | ﹤0.01% |
52,189
+23
| +0% | +$446 |
|
2803
PUT
DaVita
DVA
$15.2B
| $1.17M | ﹤0.01% |
10,000
| – | – |
|
2804
Energous
WATT
$77.2M
| $1.17M | ﹤0.01% |
1,087
+489
| +82% | +$645K |
|
2805
McGrath RentCorp
MGRC
$2.92B
| $1.17M | ﹤0.01% |
17,480
-1,970
| -10% | -$125K |
|
2806
Rush Enterprises Class A
RUSHA
$6B
| $1.17M | ﹤0.01% |
42,444
+2,857
| +7% | +$73.2K |
|
|
PRO
2807
DELISTED
PROS Holdings
PRO
| $1.17M | ﹤0.01% |
23,064
-26,881
| -54% | -$1.06M |
|
2808
Insteel Industries
IIIN
$620M
| $1.17M | ﹤0.01% |
52,548
-14,244
| -21% | -$322K |
|
2809
Tactile Systems Technology
TCMD
$627M
| $1.17M | ﹤0.01% |
26,033
-844
| -3% | -$33.5K |
|
2810
PUT
VF Corp
VFC
$6.71B
| $1.17M | ﹤0.01% |
13,700
+6,100
| +80% | +$487K |
|
2811
Akebia Therapeutics
AKBA
$341M
| $1.17M | ﹤0.01% |
416,583
-1,613,787
| -79% | -$4.71M |
|
2812
Emergent Biosolutions
EBS
$381M
| $1.16M | ﹤0.01% |
+12,991
| New | +$1.19M |
|
2813
PUT
BorgWarner
BWA
$13B
| $1.16M | ﹤0.01% |
34,194
| – | – |
|
2814
PUT
Edison International
EIX
$30.3B
| $1.16M | ﹤0.01% |
18,500
| – | – |
|
|
ATVI
2815
PUT
DELISTED
Activision Blizzard
ATVI
| $1.16M | ﹤0.01% |
12,500
-39,900
| -76% | -$3.24M |
|
2816
First Solar
FSLR
$21.8B
| $1.16M | ﹤0.01% |
11,716
-360,739
| -97% | -$31.3M |
|
2817
PUT
Helmerich & Payne
HP
$3.37B
| $1.16M | ﹤0.01% |
50,000
| – | – |
|
2818
KB Financial Group
KB
$41.3B
| $1.15M | ﹤0.01% |
+29,117
| New | +$1.14M |
|
2819
Lumen
LUMN
$6.33B
| $1.15M | ﹤0.01% |
118,091
-908,396
| -88% | -$8.97M |
|
2820
CALL
Dow Inc
DOW
$20.7B
| $1.15M | ﹤0.01% |
20,700
-9,300
| -31% | -$480K |
|
|
SCHW
2821
PUT
Charles Schwab
SCHW
$180B
| $1.15M | ﹤0.01% |
21,600
-92,400
| -81% | -$4.18M |
|
|
BCPC
2822
Balchem Corp
BCPC
$5.3B
| $1.15M | ﹤0.01% |
+9,940
| New | +$1.05M |
|
2823
PUT
Generac Holdings
GNRC
$11.4B
| $1.14M | ﹤0.01% |
+5,000
| New | +$1.08M |
|
2824
CALL
Omnicom Group
OMC
$23.6B
| $1.14M | ﹤0.01% |
18,200
| – | – |
|
|
2825
Dow Inc
DOW
$20.7B
| $1.13M | ﹤0.01% |
20,276
-1,705
| -8% | -$88K |
|
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.