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 |
ATVI
Activision Blizzard
ATVI
|
+$757M |
| 2 |
Alibaba
BABA
|
+$544M |
| 3 |
Booking.com
BKNG
|
+$475M |
| 4 |
XLNX
Xilinx Inc
XLNX
|
+$377M |
| 5 |
Caterpillar
CAT
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Amazon
AMZN
|
+$486M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$443M |
| 4 |
Salesforce
CRM
|
+$363M |
| 5 |
Qualcomm
QCOM
|
+$352M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.27% |
| 2 | Consumer Discretionary | 9.91% |
| 3 | Healthcare | 7.11% |
| 4 | Financials | 6.94% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SJIV
651
DELISTED
South Jersey Industries, Inc. Corporate Units
SJIV
| $33.5M | 0.03% |
700,000
| – | – |
|
652
Owens Corning
OC
$11.5B
| $33.4M | 0.03% |
390,256
+212,848
| +120% | +$20M |
|
653
PUT
GameStop
GME
$9.5B
| $33.3M | 0.03% |
760,000
-121,600
| -14% | -$5.56M |
|
654
Commercial Metals
CMC
$7.63B
| $33.3M | 0.03% |
1,093,369
-116,643
| -10% | -$3.71M |
|
|
IAA
655
DELISTED
IAA, Inc. Common Stock
IAA
| $33.3M | 0.03% |
609,460
-207,363
| -25% | -$11.5M |
|
656
Rambus
RMBS
$10.4B
| $33.2M | 0.03% |
1,496,189
+117,565
| +9% | +$2.77M |
|
657
CALL
FedEx
FDX
$74.5B
| $33.2M | 0.03% |
151,400
+6,700
| +5% | +$1.82M |
|
658
Allegion
ALLE
$13B
| $32.9M | 0.03% |
248,911
-265,891
| -52% | -$36.9M |
|
659
Resideo Technologies
REZI
$5.23B
| $32.9M | 0.03% |
1,325,909
+26,227
| +2% | +$763K |
|
660
Invesco
IVZ
$13.3B
| $32.9M | 0.03% |
1,362,929
+1,217,039
| +834% | +$30.4M |
|
|
FLG
661
Flagstar Bank National Association
FLG
$5.77B
| $32.8M | 0.03% |
850,354
-998,671
| -54% | -$36.2M |
|
|
VSXY
662
Victoria's Secret
VSXY
$6.64B
| $32.8M | 0.03% |
+593,641
| New | +$36M |
|
|
PSTH
663
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $32.8M | 0.03% |
+1,664,030
| New | +$33.7M |
|
664
Ingevity
NGVT
$2.55B
| $32.8M | 0.03% |
458,950
-50,158
| -10% | -$3.96M |
|
665
Synchrony
SYF
$23.7B
| $32.7M | 0.03% |
668,055
+104,643
| +19% | +$5.08M |
|
|
FRC
666
DELISTED
First Republic Bank
FRC
| $32.6M | 0.03% |
169,214
+111,652
| +194% | +$22M |
|
|
PPLI
667
People Inc
PPLI
$3.1B
| $32.6M | 0.03% |
305,217
+232,285
| +318% | +$25.6M |
|
668
Tenable Holdings
TENB
$3.56B
| $32.6M | 0.03% |
706,124
-593,676
| -46% | -$26M |
|
669
CALL
Lyft
LYFT
$5.39B
| $32.6M | 0.03% |
607,700
-146,600
| -19% | -$7.77M |
|
670
Cheniere Energy
LNG
$56.5B
| $32.5M | 0.03% |
332,582
-106,932
| -24% | -$9.36M |
|
|
RBAC
671
DELISTED
RedBall Acquisition Corp.
RBAC
| $32.5M | 0.03% |
3,299,785
+276,244
| +9% | +$2.7M |
|
672
CALL
Royal Caribbean
RCL
$78.7B
| $32.4M | 0.03% |
364,300
-63,900
| -15% | -$5.17M |
|
673
CALL
Bilibili
BILI
$7.18B
| $32.3M | 0.03% |
488,300
+94,100
| +24% | +$8.05M |
|
674
PUT
Gilead Sciences
GILD
$161B
| $32.3M | 0.03% |
462,500
-40,300
| -8% | -$2.83M |
|
675
Evergy
EVRG
$20.1B
| $32.3M | 0.03% |
518,954
-777,979
| -60% | -$51M |
|
Similar funds
D.E. Shaw & Co's Q3 2021 Portfolio in Review
As of Q3 2021, D.E. Shaw & Co held 5,618 positions worth $111B, down 4.4% from $116B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
D.E. Shaw & Co withdrew a net $8.92B in Q3 2021, closing 695 positions and reducing 1,634 holdings. Its most notable exit was Alexion Pharmaceuticals, an estimated $228M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Sea Limited worth $206M.
- D.E. Shaw & Co's largest Q3 2021 buy was Sea Limited: 645,697 shares worth $206M.
- D.E. Shaw & Co added most to Activision Blizzard in Q3 2021, an estimated $757M increase.
- D.E. Shaw & Co's biggest Q3 2021 reduction was Apple, cutting an estimated $1.07B.
- D.E. Shaw & Co fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $228M.
- D.E. Shaw & Co's ten largest holdings make up 9.2% of its $111B portfolio in Q3 2021.
- D.E. Shaw & Co opened 915 new positions and closed 695 in Q3 2021.
- D.E. Shaw & Co's portfolio value fell 4.4% quarter-over-quarter to $111B.
Based on D.E. Shaw & Co's 13F filing for Q3 2021, filed 15 Nov 2021.