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 | |
|---|---|---|---|---|---|---|
3426
CALL
AMC Entertainment Holdings
AMC
$2.03B
| $349K | ﹤0.01% |
16,450
+14,410
| +706% | +$471K |
|
3427
Enerpac Tool Group
EPAC
$1.77B
| $349K | ﹤0.01% |
15,419
-2,610
| -14% | -$54.5K |
|
3428
Comfort Systems
FIX
$61B
| $349K | ﹤0.01% |
6,628
-8,274
| -56% | -$429K |
|
3429
PennantPark Floating Rate Capital
PFLT
$681M
| $349K | ﹤0.01% |
+33,122
| New | +$314K |
|
|
ITI
3430
DELISTED
Iteris, Inc.
ITI
| $347K | ﹤0.01% |
61,338
+31,491
| +106% | +$150K |
|
|
CMCM
3431
Cheetah Mobile
CMCM
$88.8M
| $346K | ﹤0.01% |
38,430
+12,400
| +48% | +$123K |
|
|
CORR
3432
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $346K | ﹤0.01% |
50,496
-31,661
| -39% | -$191K |
|
|
AIMC
3433
DELISTED
Altra Industrial Motion Corp
AIMC
| $346K | ﹤0.01% |
6,240
-69,850
| -92% | -$3.44M |
|
3434
Kadant
KAI
$3.69B
| $345K | ﹤0.01% |
2,444
-30
| -1% | -$3.82K |
|
3435
Northwest Bancshares
NWBI
$2.25B
| $345K | ﹤0.01% |
27,049
-31,725
| -54% | -$362K |
|
3436
Adicet Bio
ACET
$72.8M
| $344K | ﹤0.01% |
1,532
+764
| +99% | +$156K |
|
3437
Warner Music
WMG
$13.8B
| $344K | ﹤0.01% |
+9,067
| New | +$276K |
|
|
BEDU
3438
DELISTED
Bright Scholar Education Holdings
BEDU
| $341K | ﹤0.01% |
14,797
-93
| -0.6% | -$2.35K |
|
3439
PUT
Applied Optoelectronics
AAOI
$8.04B
| $340K | ﹤0.01% |
40,000
| – | – |
|
3440
PUT
Caleres
CAL
$396M
| $340K | ﹤0.01% |
21,700
-40,000
| -65% | -$448K |
|
3441
Camtek
CAMT
$6.9B
| $340K | ﹤0.01% |
+15,534
| New | +$297K |
|
3442
Tractor Supply
TSCO
$16.3B
| $339K | ﹤0.01% |
+12,060
| New | +$338K |
|
|
RDS.B
3443
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $339K | ﹤0.01% |
+10,100
| New | +$301K |
|
3444
CALL
Invesco Mortgage Capital
IVR
$776M
| $338K | ﹤0.01% |
10,000
+5,000
| +100% | +$155K |
|
3445
American Coastal Insurance
ACIC
$498M
| $337K | ﹤0.01% |
58,879
+33,305
| +130% | +$168K |
|
3446
Resources Connection
RGP
$129M
| $336K | ﹤0.01% |
26,792
-11,644
| -30% | -$140K |
|
|
AGRX
3447
DELISTED
Agile Therapeutics
AGRX
| $336K | ﹤0.01% |
59
+32
| +119% | +$188K |
|
3448
Korea Electric Power
KEP
$15.5B
| $335K | ﹤0.01% |
27,339
+11,666
| +74% | +$115K |
|
3449
Agilysys
AGYS
$2.78B
| $332K | ﹤0.01% |
8,653
-543
| -6% | -$18.1K |
|
3450
PUT
BlackBerry
BB
$5.01B
| $332K | ﹤0.01% |
50,000
| – | – |
|
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.