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 | |
|---|---|---|---|---|---|---|
2926
Tanger
SKT
$4.82B
| $967K | ﹤0.01% |
97,117
-30,967
| -24% | -$262K |
|
|
DCPH
2927
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $967K | ﹤0.01% |
16,943
+5,921
| +54% | +$351K |
|
2928
PUT
Colgate-Palmolive
CL
$73.4B
| $966K | ﹤0.01% |
+11,300
| New | +$934K |
|
2929
Foster
FSTR
$450M
| $966K | ﹤0.01% |
64,210
-1,040
| -2% | -$15.3K |
|
|
ZEUS
2930
DELISTED
Olympic Steel
ZEUS
| $965K | ﹤0.01% |
72,370
+1,177
| +2% | +$15.8K |
|
2931
Horizon Technology Finance
HRZN
$294M
| $963K | ﹤0.01% |
+72,722
| New | +$908K |
|
2932
PUT
First Majestic Silver
AG
$8.01B
| $961K | ﹤0.01% |
71,500
| – | – |
|
2933
CALL
Enbridge
ENB
$123B
| $960K | ﹤0.01% |
30,000
| – | – |
|
2934
Hewlett Packard
HPE
$63.6B
| $957K | ﹤0.01% |
80,755
-1,820,016
| -96% | -$19.1M |
|
2935
PUT
Principal Financial Group
PFG
$24B
| $957K | ﹤0.01% |
19,300
| – | – |
|
2936
CALL
Tandem Diabetes Care
TNDM
$1.17B
| $957K | ﹤0.01% |
10,000
-10,000
| -50% | -$1.03M |
|
2937
SandRidge Energy
SD
$498M
| $955K | ﹤0.01% |
307,912
+59,589
| +24% | +$146K |
|
|
APRN
2938
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $955K | ﹤0.01% |
14,237
-7,966
| -36% | -$617K |
|
2939
Grocery Outlet
GO
$922M
| $950K | ﹤0.01% |
+24,196
| New | +$977K |
|
2940
Neurocrine Biosciences
NBIX
$17.9B
| $947K | ﹤0.01% |
9,880
-109,285
| -92% | -$10.6M |
|
|
AAWW
2941
CALL
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $944K | ﹤0.01% |
17,300
| – | – |
|
2942
CALL
Archer Daniels Midland
ADM
$40.3B
| $943K | ﹤0.01% |
+18,700
| New | +$924K |
|
2943
PUT
Carrier Global
CARR
$57.3B
| $943K | ﹤0.01% |
25,000
| – | – |
|
2944
Movado Group
MOV
$826M
| $943K | ﹤0.01% |
56,717
-10,287
| -15% | -$147K |
|
2945
NewMarket
NEU
$7.17B
| $939K | ﹤0.01% |
2,357
-287
| -11% | -$107K |
|
2946
Liberty Global Class C
LBTYK
$3.31B
| $938K | ﹤0.01% |
+39,667
| New | +$860K |
|
2947
CALL
GDS Holdings
GDS
$6.21B
| $936K | ﹤0.01% |
10,000
-58,500
| -85% | -$5.2M |
|
2948
Enanta Pharmaceuticals
ENTA
$380M
| $935K | ﹤0.01% |
22,209
-2,117
| -9% | -$93.1K |
|
2949
Saratoga Investment
SAR
$311M
| $929K | ﹤0.01% |
44,563
+11,401
| +34% | +$229K |
|
|
RMGBU
2950
DELISTED
RMG Acquisition Corp. II Unit
RMGBU
| $929K | ﹤0.01% |
+83,333
| New | +$888K |
|
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.