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 | |
|---|---|---|---|---|---|---|
3526
Carlyle Group
CG
$16.3B
| $263K | ﹤0.01% |
+8,373
| New | +$236K |
|
3527
Target Hospitality
TH
$1.61B
| $262K | ﹤0.01% |
165,719
+33,263
| +25% | +$47.4K |
|
|
ENIA
3528
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $261K | ﹤0.01% |
31,802
-252,728
| -89% | -$1.84M |
|
3529
Amphastar Pharmaceuticals
AMPH
$825M
| $259K | ﹤0.01% |
+12,887
| New | +$251K |
|
3530
PUT
Carpenter Technology
CRS
$30B
| $259K | ﹤0.01% |
+8,900
| New | +$206K |
|
3531
UBS Group
UBS
$170B
| $257K | ﹤0.01% |
+18,210
| New | +$241K |
|
3532
CALL
EQT Corp
EQT
$33.2B
| $254K | ﹤0.01% |
20,000
| – | – |
|
|
TALKW
3533
DELISTED
Talkspace Inc Warrant
TALKW
| $254K | ﹤0.01% |
150,000
| – | – |
|
3534
Toyota
TM
$210B
| $254K | ﹤0.01% |
+1,644
| New | +$230K |
|
3535
PUT
Plains GP Holdings
PAGP
$5.23B
| $253K | ﹤0.01% |
30,000
| – | – |
|
|
RVNC
3536
DELISTED
Revance Therapeutics, Inc.
RVNC
| $253K | ﹤0.01% |
8,933
-22,651
| -72% | -$587K |
|
|
FARM
3537
DELISTED
Farmer Brothers
FARM
| $252K | ﹤0.01% |
53,892
+31,150
| +137% | +$133K |
|
3538
Harmonic Inc
HLIT
$1.21B
| $252K | ﹤0.01% |
34,137
-33,681
| -50% | -$221K |
|
3539
Sprout Social
SPT
$455M
| $252K | ﹤0.01% |
+5,541
| New | +$264K |
|
3540
PUT
Devon Energy
DVN
$51.9B
| $251K | ﹤0.01% |
15,900
-23,800
| -60% | -$295K |
|
3541
Rocky Brands
RCKY
$304M
| $251K | ﹤0.01% |
+8,929
| New | +$254K |
|
3542
WEX
WEX
$6.11B
| $251K | ﹤0.01% |
+1,235
| New | +$208K |
|
|
VRTV
3543
DELISTED
VERITIV CORPORATION
VRTV
| $251K | ﹤0.01% |
12,073
-3,212
| -21% | -$57.7K |
|
3544
CALL
Abercrombie & Fitch
ANF
$4.17B
| $250K | ﹤0.01% |
12,300
-37,700
| -75% | -$691K |
|
3545
Genesco
GCO
$396M
| $250K | ﹤0.01% |
8,312
-39,071
| -82% | -$998K |
|
|
ELME
3546
Elme Communities
ELME
$132M
| $249K | ﹤0.01% |
11,510
-75,409
| -87% | -$1.61M |
|
|
INZY
3547
DELISTED
Inozyme Pharma
INZY
| $248K | ﹤0.01% |
+12,016
| New | +$286K |
|
3548
Midland States Bancorp
MSBI
$669M
| $245K | ﹤0.01% |
+13,713
| New | +$224K |
|
3549
Pool Corp
POOL
$6.7B
| $245K | ﹤0.01% |
+657
| New | +$229K |
|
3550
PUT
International Paper
IP
$22.3B
| $244K | ﹤0.01% |
+5,174
| New | +$231K |
|
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.