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 | |
|---|---|---|---|---|---|---|
3026
PUT
Dollar Tree
DLTR
$23.1B
| $832K | ﹤0.01% |
7,700
| – | – |
|
3027
Barings BDC
BBDC
$862M
| $831K | ﹤0.01% |
90,408
+60,300
| +200% | +$512K |
|
|
ASRT
3028
DELISTED
Assertio
ASRT
| $830K | ﹤0.01% |
38,690
-6,934
| -15% | -$216K |
|
|
SEI
3029
Solaris Energy Infrastructure
SEI
$3.31B
| $829K | ﹤0.01% |
101,883
+12,066
| +13% | +$86.1K |
|
|
AIFU
3030
AIFU Inc
AIFU
$201M
| $827K | ﹤0.01% |
172
-55
| -24% | -$324K |
|
|
VWTR
3031
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $825K | ﹤0.01% |
88,242
-6,504
| -7% | -$58K |
|
3032
Avista
AVA
$3.47B
| $824K | ﹤0.01% |
20,520
-2,220
| -10% | -$81.5K |
|
3033
PUT
OneMain Financial
OMF
$6.9B
| $824K | ﹤0.01% |
+17,100
| New | +$675K |
|
3034
ZTO Express
ZTO
$18.2B
| $824K | ﹤0.01% |
28,267
+1,302
| +5% | +$38.2K |
|
3035
eHealth
EHTH
$42.5M
| $819K | ﹤0.01% |
+11,600
| New | +$882K |
|
3036
PUT
Thomson Reuters
TRI
$39.4B
| $819K | ﹤0.01% |
9,491
| – | – |
|
|
BRSP
3037
BrightSpire Capital
BRSP
$681M
| $818K | ﹤0.01% |
109,046
-31,396
| -22% | -$204K |
|
3038
PUT
Cracker Barrel
CBRL
$1.2B
| $818K | ﹤0.01% |
+6,200
| New | +$798K |
|
3039
Great Southern Bancorp
GSBC
$863M
| $817K | ﹤0.01% |
16,719
-6,262
| -27% | -$278K |
|
|
MFA
3040
PUT
MFA Financial
MFA
$929M
| $817K | ﹤0.01% |
52,500
+37,500
| +250% | +$506K |
|
3041
Deckers Outdoor
DECK
$13.3B
| $816K | ﹤0.01% |
17,070
-12,162
| -42% | -$539K |
|
3042
PUT
ACM Research
ACMR
$5.83B
| $813K | ﹤0.01% |
30,000
| – | – |
|
|
GRTS
3043
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $813K | ﹤0.01% |
206,362
+27,195
| +15% | +$82.2K |
|
3044
AbbVie
ABBV
$458B
| $812K | ﹤0.01% |
7,574
-630,923
| -99% | -$60.6M |
|
3045
Columbia Banking Systems
COLB
$8.81B
| $812K | ﹤0.01% |
+22,640
| New | +$702K |
|
3046
Ryanair
RYAAY
$29.5B
| $812K | ﹤0.01% |
+18,458
| New | +$724K |
|
3047
Super Micro Computer
SMCI
$19.5B
| $811K | ﹤0.01% |
+256,130
| New | +$722K |
|
|
HAPN
3048
PUT
Happen Inc
HAPN
$2.08B
| $809K | ﹤0.01% |
76,600
| – | – |
|
3049
PUT
American Electric Power
AEP
$73.7B
| $808K | ﹤0.01% |
9,700
-8,200
| -46% | -$712K |
|
3050
CALL
Cerence
CRNC
$382M
| $804K | ﹤0.01% |
8,000
-26,900
| -77% | -$2.01M |
|
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.