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 |
Tesla
TSLA
|
+$862M |
| 2 |
Baidu
BIDU
|
+$752M |
| 3 |
Tencent Music
TME
|
+$426M |
| 4 |
Coca-Cola
KO
|
+$424M |
| 5 |
NVIDIA
NVDA
|
+$383M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$981M |
| 2 |
Wells Fargo
WFC
|
+$673M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$574M |
| 4 |
Moderna
MRNA
|
+$442M |
| 5 |
DuPont de Nemours
DD
|
+$415M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.93% |
| 2 | Consumer Discretionary | 10.48% |
| 3 | Healthcare | 8.56% |
| 4 | Communication Services | 8.41% |
| 5 | Financials | 6.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3926
CALL
Burlington
BURL
$22B
| – | – |
-10,500
| Closed | -$2.75M |
|
3927
CALL
BorgWarner
BWA
$13.2B
| – | – |
-19,539
| Closed | -$665K |
|
|
3928
BorgWarner
BWA
$13.2B
| – | – |
-622,686
| Closed | -$21.2M |
|
|
3929
PUT
BorgWarner
BWA
$13.2B
| – | – |
-34,194
| Closed | -$1.16M |
|
3930
CALL
Boston Properties
BXP
$11B
| – | – |
-19,800
| Closed | -$1.87M |
|
3931
Boyd Gaming
BYD
$6.47B
| – | – |
-123,097
| Closed | -$5.28M |
|
3932
BeyondSpring
BYSI
$46.1M
| – | – |
-59,444
| Closed | -$725K |
|
3933
Credit Acceptance
CACC
$6B
| – | – |
-2,941
| Closed | -$1.07M |
|
3934
PUT
Conagra Brands
CAG
$7.07B
| – | – |
-307,500
| Closed | -$11.2M |
|
3935
CALL
Cardinal Health
CAH
$53.4B
| – | – |
-23,200
| Closed | -$1.24M |
|
3936
PUT
Cheesecake Factory
CAKE
$4.21B
| – | – |
-15,200
| Closed | -$563K |
|
3937
PUT
Caleres
CAL
$396M
| – | – |
-21,700
| Closed | -$340K |
|
3938
PUT
Avis
CAR
$5.63B
| – | – |
-18,000
| Closed | -$671K |
|
3939
CarGurus
CARG
$3.01B
| – | – |
-105,582
| Closed | -$3.35M |
|
3940
PUT
Carrier Global
CARR
$57.2B
| – | – |
-25,000
| Closed | -$943K |
|
3941
CALL
Chubb
CB
$140B
| – | – |
-9,500
| Closed | -$1.46M |
|
|
3942
PUT
Chubb
CB
$140B
| – | – |
-30,000
| Closed | -$4.62M |
|
3943
PUT
Cboe Global Markets
CBOE
$29.8B
| – | – |
-55,000
| Closed | -$5.07M |
|
3944
Cracker Barrel
CBRL
$1.2B
| – | – |
-24,344
| Closed | -$3.71M |
|
3945
CALL
Chemours
CC
$2.59B
| – | – |
-42,800
| Closed | -$1.06M |
|
|
3946
PUT
Chemours
CC
$2.59B
| – | – |
-156,200
| Closed | -$3.87M |
|
3947
Cibus
CBUS
$130M
| – | – |
-931
| Closed | -$196K |
|
3948
Coca-Cola Europacific Partners
CCEP
$46.5B
| – | – |
-95,565
| Closed | -$4.76M |
|
3949
CALL
Crown Castle
CCI
$32.7B
| – | – |
-10,200
| Closed | -$1.62M |
|
|
3950
PUT
Crown Castle
CCI
$32.7B
| – | – |
-20,000
| Closed | -$3.18M |
|
Similar funds
D.E. Shaw & Co's Q1 2021 Portfolio in Review
As of Q1 2021, D.E. Shaw & Co held 4,712 positions worth $104B, down 7.4% from $112B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
D.E. Shaw & Co withdrew a net $18.3B in Q1 2021, closing 730 positions and reducing 1,773 holdings. Its most notable exit was AstraZeneca, an estimated $214M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Baidu worth $627M.
- D.E. Shaw & Co's largest Q1 2021 buy was Baidu: 2,881,724 shares worth $627M.
- D.E. Shaw & Co added most to Tesla in Q1 2021, an estimated $862M increase.
- D.E. Shaw & Co's biggest Q1 2021 reduction was Amazon, cutting an estimated $981M.
- D.E. Shaw & Co fully exited AstraZeneca in Q1 2021, selling an estimated $214M.
- D.E. Shaw & Co's ten largest holdings make up 9.9% of its $104B portfolio in Q1 2021.
- D.E. Shaw & Co opened 825 new positions and closed 730 in Q1 2021.
- D.E. Shaw & Co's portfolio value fell 7.4% quarter-over-quarter to $104B.
Based on D.E. Shaw & Co's 13F filing for Q1 2021, filed 17 May 2021.