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 | |
|---|---|---|---|---|---|---|
3126
CALL
NOV
NOV
$7.45B
| $687K | ﹤0.01% |
50,000
| – | – |
|
3127
Kinross Gold
KGC
$28.5B
| $684K | ﹤0.01% |
93,182
-51,142
| -35% | -$408K |
|
3128
Hecla Mining
HL
$10.2B
| $681K | ﹤0.01% |
105,048
+28,970
| +38% | +$154K |
|
|
CDMO
3129
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $676K | ﹤0.01% |
+58,598
| New | +$536K |
|
3130
American Outdoor Brands
AOUT
$162M
| $675K | ﹤0.01% |
39,667
+16,486
| +71% | +$248K |
|
|
AEGN
3131
DELISTED
Aegion Corp
AEGN
| $675K | ﹤0.01% |
35,520
+11,459
| +48% | +$192K |
|
|
SRGA
3132
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $672K | ﹤0.01% |
10,230
+480
| +5% | +$31.3K |
|
3133
PUT
Avis
CAR
$5.63B
| $671K | ﹤0.01% |
18,000
| – | – |
|
3134
The Ensign Group
ENSG
$10.1B
| $671K | ﹤0.01% |
9,204
-12,857
| -58% | -$852K |
|
|
MITT
3135
TPG Mortgage Investment Trust
MITT
$230M
| $671K | ﹤0.01% |
+75,775
| New | +$678K |
|
|
HBI
3136
PUT
DELISTED
Hanesbrands
HBI
| $669K | ﹤0.01% |
45,900
| – | – |
|
3137
AppFolio
APPF
$5.85B
| $668K | ﹤0.01% |
3,710
-1,371
| -27% | -$219K |
|
3138
QCR Holdings
QCRH
$1.65B
| $668K | ﹤0.01% |
16,880
-835
| -5% | -$29.2K |
|
3139
CALL
BorgWarner
BWA
$13.2B
| $665K | ﹤0.01% |
19,539
| – | – |
|
|
LOMA
3140
Loma Negra
LOMA
$1.33B
| $664K | ﹤0.01% |
107,895
+52,581
| +95% | +$270K |
|
3141
AeroVironment
AVAV
$7.57B
| $663K | ﹤0.01% |
+7,628
| New | +$612K |
|
3142
Power Integrations
POWI
$3.54B
| $663K | ﹤0.01% |
8,107
+1,942
| +32% | +$132K |
|
|
WIFI
3143
PUT
DELISTED
Boingo Wireless, Inc.
WIFI
| $663K | ﹤0.01% |
+52,100
| New | +$615K |
|
3144
CALL
Kroger
KR
$34.8B
| $661K | ﹤0.01% |
20,800
| – | – |
|
|
MODN
3145
DELISTED
MODEL N, INC.
MODN
| $659K | ﹤0.01% |
18,458
-24,476
| -57% | -$848K |
|
|
HES
3146
DELISTED
Hess
HES
| $658K | ﹤0.01% |
12,459
-6,077
| -33% | -$276K |
|
|
MAG
3147
DELISTED
MAG Silver
MAG
| $657K | ﹤0.01% |
32,100
-20,400
| -39% | -$352K |
|
|
ONT
3148
Onterris Inc
ONT
$710M
| $656K | ﹤0.01% |
+21,187
| New | +$602K |
|
|
AGCUU
3149
DELISTED
Altimeter Growth Corp Unit
AGCUU
| $650K | ﹤0.01% |
+50,000
| New | +$621K |
|
3150
Korro Bio
KRRO
$153M
| $649K | ﹤0.01% |
+368
| New | +$486K |
|
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.