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 |
Emerson Electric
EMR
|
+$546M |
| 2 |
Amazon
AMZN
|
+$515M |
| 3 |
Tesla
TSLA
|
+$389M |
| 4 |
Netflix
NFLX
|
+$322M |
| 5 |
Adobe
ADBE
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$836M |
| 2 |
CELG
Celgene Corp
CELG
|
+$460M |
| 3 |
NVIDIA
NVDA
|
+$429M |
| 4 |
ConocoPhillips
COP
|
+$311M |
| 5 |
Biogen
BIIB
|
+$301M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Consumer Discretionary | 11.75% |
| 3 | Healthcare | 9.92% |
| 4 | Financials | 7.86% |
| 5 | Industrials | 6.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
John B. Sanfilippo & Son
JBSS
$949M
| $541K | ﹤0.01% |
5,926
+3,830
| +183% | +$372K |
|
|
GPMT
3302
Granite Point Mortgage Trust
GPMT
$63.7M
| $538K | ﹤0.01% |
29,272
-32,968
| -53% | -$605K |
|
3303
Federal Agricultural Mortgage
AGM
$2.27B
| $536K | ﹤0.01% |
6,418
-910
| -12% | -$75.7K |
|
3304
PUT
National Beverage
FIZZ
$2.87B
| $536K | ﹤0.01% |
21,000
-14,400
| -41% | -$346K |
|
3305
CALL
IPG Photonics
IPGP
$3.89B
| $536K | ﹤0.01% |
+3,700
| New | +$515K |
|
3306
ONE Gas
OGS
$5.05B
| $535K | ﹤0.01% |
+5,714
| New | +$523K |
|
3307
First Financial Corp
THFF
$922M
| $535K | ﹤0.01% |
11,709
-3,997
| -25% | -$176K |
|
|
TIF
3308
CALL
DELISTED
Tiffany & Co.
TIF
| $535K | ﹤0.01% |
4,000
-91,200
| -96% | -$10.8M |
|
3309
Cadiz
CDZI
$266M
| $534K | ﹤0.01% |
+48,449
| New | +$559K |
|
3310
Exponent
EXPO
$2.98B
| $534K | ﹤0.01% |
7,731
-42,336
| -85% | -$2.8M |
|
3311
CALL
Sociedad Química y Minera de Chile
SQM
$19.6B
| $534K | ﹤0.01% |
20,000
| – | – |
|
|
ETRN
3312
PUT
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $534K | ﹤0.01% |
+40,000
| New | +$496K |
|
3313
PUT
Dycom Industries
DY
$12.9B
| $533K | ﹤0.01% |
11,300
-700
| -6% | -$34.1K |
|
3314
RLI Corp
RLI
$5.68B
| $531K | ﹤0.01% |
11,802
+402
| +4% | +$18.9K |
|
3315
CALL
Advance Auto Parts
AAP
$3.37B
| $529K | ﹤0.01% |
3,300
| – | – |
|
|
CLDR
3316
DELISTED
Cloudera, Inc.
CLDR
| $529K | ﹤0.01% |
45,500
-81,163
| -64% | -$778K |
|
3317
CRISPR Therapeutics
CRSP
$4.58B
| $528K | ﹤0.01% |
8,667
-11,417
| -57% | -$623K |
|
|
GTT
3318
DELISTED
GTT Communications, Inc.
GTT
| $528K | ﹤0.01% |
46,503
-64,348
| -58% | -$539K |
|
3319
PUT
Deutsche Bank
DB
$66.3B
| $527K | ﹤0.01% |
67,800
-6,900
| -9% | -$51.8K |
|
3320
Culp Inc
CULP
$45M
| $525K | ﹤0.01% |
38,557
+6,374
| +20% | +$97.8K |
|
3321
PennantPark Floating Rate Capital
PFLT
$681M
| $525K | ﹤0.01% |
43,073
+16,215
| +60% | +$193K |
|
3322
Steven Madden
SHOO
$3.12B
| $525K | ﹤0.01% |
12,206
+5,678
| +87% | +$229K |
|
|
WRI
3323
DELISTED
Weingarten Realty Investors
WRI
| $525K | ﹤0.01% |
16,806
-256,397
| -94% | -$7.85M |
|
3324
CALL
RPC Inc
RES
$1.24B
| $524K | ﹤0.01% |
+100,000
| New | +$448K |
|
|
XNET
3325
Xunlei
XNET
$351M
| $524K | ﹤0.01% |
+106,931
| New | +$464K |
|
Similar funds
D.E. Shaw & Co's Q4 2019 Portfolio in Review
As of Q4 2019, D.E. Shaw & Co held 4,337 positions worth $87.5B, up 7.7% from $81.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q4 2019 filing shows 572 new, 1,477 increased, 1,498 reduced and 412 closed positions. Its largest new stake was Tesla: 17,953,230 shares worth $501M. The largest sale was Alibaba, an estimated $836M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2019 buy was Tesla: 17,953,230 shares worth $501M.
- D.E. Shaw & Co added most to Emerson Electric in Q4 2019, an estimated $546M increase.
- D.E. Shaw & Co's biggest Q4 2019 reduction was Alibaba, cutting an estimated $836M.
- D.E. Shaw & Co fully exited Celgene Corp in Q4 2019, selling an estimated $460M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $87.5B portfolio in Q4 2019.
- D.E. Shaw & Co opened 572 new positions and closed 412 in Q4 2019.
- D.E. Shaw & Co's portfolio value rose 7.7% quarter-over-quarter to $87.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2019, filed 14 Feb 2020.