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 |
ATVI
Activision Blizzard
ATVI
|
+$757M |
| 2 |
Alibaba
BABA
|
+$544M |
| 3 |
Booking.com
BKNG
|
+$475M |
| 4 |
XLNX
Xilinx Inc
XLNX
|
+$377M |
| 5 |
Caterpillar
CAT
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Amazon
AMZN
|
+$486M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$443M |
| 4 |
Salesforce
CRM
|
+$363M |
| 5 |
Qualcomm
QCOM
|
+$352M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.27% |
| 2 | Consumer Discretionary | 9.91% |
| 3 | Healthcare | 7.11% |
| 4 | Financials | 6.94% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
Automatic Data Processing
ADP
$109B
| $2.14M | ﹤0.01% |
10,723
-268
| -2% | -$55.2K |
|
2827
PUT
Clover Health Investments
CLOV
$2.23B
| $2.14M | ﹤0.01% |
+290,100
| New | +$2.48M |
|
|
CCC
2828
CCC Intelligent Solutions
CCC
$3.55B
| $2.14M | ﹤0.01% |
203,440
-23,823
| -10% | -$246K |
|
2829
CALL
TAL Education Group
TAL
$6.04B
| $2.13M | ﹤0.01% |
441,200
+224,800
| +104% | +$1.99M |
|
|
HTLF
2830
DELISTED
Heartland Financial USA, Inc.
HTLF
| $2.13M | ﹤0.01% |
44,413
-22,677
| -34% | -$1.05M |
|
|
SBII
2831
DELISTED
Sandbridge X2 Corp.
SBII
| $2.13M | ﹤0.01% |
219,571
+96,154
| +78% | +$934K |
|
|
2832
PUT
TAL Education Group
TAL
$6.04B
| $2.13M | ﹤0.01% |
440,000
-1,105,100
| -72% | -$9.81M |
|
2833
Tactile Systems Technology
TCMD
$618M
| $2.13M | ﹤0.01% |
47,903
+15,613
| +48% | +$702K |
|
2834
CALL
Olin
OLN
$2.53B
| $2.13M | ﹤0.01% |
44,100
+30,100
| +215% | +$1.4M |
|
2835
PUT
EOG Resources
EOG
$77.7B
| $2.13M | ﹤0.01% |
26,500
+16,500
| +165% | +$1.2M |
|
2836
Novartis
NVS
$302B
| $2.12M | ﹤0.01% |
25,970
+15,329
| +144% | +$1.38M |
|
2837
CVR Energy
CVI
$3.48B
| $2.11M | ﹤0.01% |
126,771
-66,826
| -35% | -$942K |
|
|
CSTA
2838
DELISTED
Constellation Acquisition Corp I
CSTA
| $2.11M | ﹤0.01% |
216,316
+111,461
| +106% | +$1.08M |
|
2839
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $2.11M | ﹤0.01% |
+39,800
| New | +$2.02M |
|
|
NVTA
2840
CALL
DELISTED
Invitae Corporation
NVTA
| $2.1M | ﹤0.01% |
74,000
+44,000
| +147% | +$1.29M |
|
|
EQHA
2841
DELISTED
EQ Health Acquisition Corp.
EQHA
| $2.1M | ﹤0.01% |
215,357
+53,846
| +33% | +$521K |
|
|
CNR
2842
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.1M | ﹤0.01% |
144,009
-147,717
| -51% | -$2.4M |
|
|
DSPG
2843
DELISTED
DSP Group Inc
DSPG
| $2.1M | ﹤0.01% |
95,893
-121,851
| -56% | -$2.18M |
|
2844
CALL
Quanta Services
PWR
$84.2B
| $2.09M | ﹤0.01% |
18,400
-22,200
| -55% | -$2.23M |
|
2845
Eaton
ETN
$141B
| $2.09M | ﹤0.01% |
14,020
-59,449
| -81% | -$9.5M |
|
|
AZEK
2846
DELISTED
The AZEK Co
AZEK
| $2.09M | ﹤0.01% |
57,281
-239,644
| -81% | -$9.33M |
|
|
DRNA
2847
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $2.08M | ﹤0.01% |
+103,422
| New | +$2.86M |
|
2848
Mid-America Apartment Communities
MAA
$16B
| $2.08M | ﹤0.01% |
11,153
+9,932
| +813% | +$1.86M |
|
|
LOKM
2849
DELISTED
Live Oak Mobility Acquisition Corp.
LOKM
| $2.08M | ﹤0.01% |
215,458
+189,925
| +744% | +$1.85M |
|
2850
PUT
iRhythm Holdings
IRTC
$4.02B
| $2.08M | ﹤0.01% |
+35,500
| New | +$1.88M |
|
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D.E. Shaw & Co's Q3 2021 Portfolio in Review
As of Q3 2021, D.E. Shaw & Co held 5,618 positions worth $111B, down 4.4% from $116B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
D.E. Shaw & Co withdrew a net $8.92B in Q3 2021, closing 695 positions and reducing 1,634 holdings. Its most notable exit was Alexion Pharmaceuticals, an estimated $228M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Sea Limited worth $206M.
- D.E. Shaw & Co's largest Q3 2021 buy was Sea Limited: 645,697 shares worth $206M.
- D.E. Shaw & Co added most to Activision Blizzard in Q3 2021, an estimated $757M increase.
- D.E. Shaw & Co's biggest Q3 2021 reduction was Apple, cutting an estimated $1.07B.
- D.E. Shaw & Co fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $228M.
- D.E. Shaw & Co's ten largest holdings make up 9.2% of its $111B portfolio in Q3 2021.
- D.E. Shaw & Co opened 915 new positions and closed 695 in Q3 2021.
- D.E. Shaw & Co's portfolio value fell 4.4% quarter-over-quarter to $111B.
Based on D.E. Shaw & Co's 13F filing for Q3 2021, filed 15 Nov 2021.