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 | |
|---|---|---|---|---|---|---|
2901
Deutsche Bank
DB
$67.5B
| $773K | ﹤0.01% |
91,978
+59,165
| +180% | +$555K |
|
2902
PUT
Deluxe
DLX
$1.23B
| $772K | ﹤0.01% |
30,000
| – | – |
|
2903
Tanger
SKT
$4.81B
| $772K | ﹤0.01% |
128,084
-5,992
| -4% | -$37.6K |
|
2904
Comfort Systems
FIX
$59.9B
| $768K | ﹤0.01% |
14,902
-49,458
| -77% | -$2.4M |
|
2905
PUT
Carrier Global
CARR
$57B
| $764K | ﹤0.01% |
25,000
| – | – |
|
|
TWO
2906
PUT
Two Harbors Investment
TWO
$1.27B
| $764K | ﹤0.01% |
+37,500
| New | +$796K |
|
2907
Materion
MTRN
$4.88B
| $762K | ﹤0.01% |
14,637
-27,902
| -66% | -$1.58M |
|
2908
PUT
Corteva
CTVA
$58.8B
| $761K | ﹤0.01% |
26,400
| – | – |
|
2909
PUT
Dycom Industries
DY
$12.5B
| $761K | ﹤0.01% |
14,400
| – | – |
|
|
REVG
2910
DELISTED
REV Group
REVG
| $760K | ﹤0.01% |
96,261
+57,604
| +149% | +$410K |
|
|
HES
2911
DELISTED
Hess
HES
| $759K | ﹤0.01% |
18,536
-30,628
| -62% | -$1.46M |
|
2912
MBIA
MBI
$284M
| $758K | ﹤0.01% |
125,047
-100,495
| -45% | -$742K |
|
2913
LendingTree
TREE
$561M
| $757K | ﹤0.01% |
+2,466
| New | +$783K |
|
|
BMTC
2914
DELISTED
Bryn Mawr Bank Corp
BMTC
| $755K | ﹤0.01% |
30,336
-16,021
| -35% | -$427K |
|
|
BIG
2915
CALL
DELISTED
Big Lots, Inc.
BIG
| $754K | ﹤0.01% |
+16,900
| New | +$760K |
|
2916
Cognizant
CTSH
$22.6B
| $753K | ﹤0.01% |
10,847
-9,681
| -47% | -$630K |
|
2917
Galicia Financial Group
GGAL
$7.98B
| $753K | ﹤0.01% |
104,038
-454,890
| -81% | -$4.77M |
|
2918
Sensient Technologies
SXT
$5.35B
| $753K | ﹤0.01% |
13,041
-62,562
| -83% | -$3.45M |
|
2919
Tilly's
TLYS
$117M
| $752K | ﹤0.01% |
124,711
-71,774
| -37% | -$451K |
|
2920
Group 1 Automotive
GPI
$4.01B
| $749K | ﹤0.01% |
8,472
-28,248
| -77% | -$2.41M |
|
|
MFGP
2921
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $749K | ﹤0.01% |
232,647
-135,757
| -37% | -$542K |
|
|
LFC
2922
DELISTED
China Life Insurance Company Ltd.
LFC
| $747K | ﹤0.01% |
334,000
-3,725,000
| -92% | -$44.6M |
|
|
FITB
2923
PUT
Fifth Third Bancorp
FITB
$51.6B
| $746K | ﹤0.01% |
35,000
+6,500
| +23% | +$131K |
|
|
ESPR
2924
CALL
DELISTED
Esperion Therapeutics
ESPR
| $743K | ﹤0.01% |
20,000
| – | – |
|
|
HOME
2925
PUT
DELISTED
At Home Group Inc.
HOME
| $743K | ﹤0.01% |
50,000
| – | – |
|
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.