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 | |
|---|---|---|---|---|---|---|
676
PUT
Petrobras
PBR
$121B
| $32.2M | 0.03% |
3,114,800
+760,000
| +32% | +$8.09M |
|
677
Gen Digital
GEN
$15.6B
| $32.1M | 0.03% |
1,270,335
+562,640
| +80% | +$14.6M |
|
678
CALL
Starbucks
SBUX
$118B
| $31.8M | 0.03% |
288,700
-39,700
| -12% | -$4.65M |
|
679
Public Storage
PSA
$60.2B
| $31.8M | 0.03% |
107,118
+25,973
| +32% | +$8.15M |
|
680
Fortune Brands Innovations
FBIN
$6.12B
| $31.8M | 0.03% |
415,728
+132,347
| +47% | +$11M |
|
|
SWAV
681
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $31.7M | 0.03% |
154,091
-50,498
| -25% | -$9.91M |
|
682
Maravai LifeSciences
MRVI
$997M
| $31.6M | 0.03% |
644,802
+308,421
| +92% | +$15M |
|
683
Twist Bioscience
TWST
$5.62B
| $31.6M | 0.03% |
295,156
-69,867
| -19% | -$8M |
|
684
PUT
MGM Resorts International
MGM
$11.7B
| $31.5M | 0.03% |
729,000
-304,600
| -29% | -$12.4M |
|
|
FBC
685
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $31.4M | 0.03% |
618,157
-197,073
| -24% | -$9.31M |
|
686
Peloton Interactive
PTON
$2.63B
| $31.3M | 0.03% |
359,549
+13,360
| +4% | +$1.48M |
|
687
Vail Resorts
MTN
$5.19B
| $31.2M | 0.03% |
93,456
-130,082
| -58% | -$40.1M |
|
688
Zoetis
ZTS
$31.6B
| $31.2M | 0.03% |
160,680
-554,643
| -78% | -$112M |
|
689
Reliance Steel & Aluminium
RS
$20.8B
| $31.1M | 0.03% |
218,685
-37,020
| -14% | -$5.56M |
|
|
PR
690
Permian Resources
PR
$17.9B
| $31.1M | 0.03% |
4,638,473
-2,020,672
| -30% | -$11M |
|
|
GFLU
691
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $31.1M | 0.03% |
363,246
-100,000
| -22% | -$8.01M |
|
692
PUT
Ulta Beauty
ULTA
$20.4B
| $30.9M | 0.03% |
85,600
+25,600
| +43% | +$9.25M |
|
693
CALL
Upstart Holdings
UPST
$2.58B
| $30.9M | 0.03% |
+97,500
| New | +$19.2M |
|
694
CALL
Delta Air Lines
DAL
$55.9B
| $30.8M | 0.03% |
722,300
+64,800
| +10% | +$2.65M |
|
|
TWOU
695
DELISTED
2U Inc
TWOU
| $30.7M | 0.03% |
30,492
+2,596
| +9% | +$3.04M |
|
|
SCHW
696
Charles Schwab
SCHW
$177B
| $30.5M | 0.03% |
419,401
+21,396
| +5% | +$1.53M |
|
697
Align Technology
ALGN
$12B
| $30.5M | 0.03% |
45,865
+4,727
| +11% | +$3.21M |
|
698
PUT
Biogen
BIIB
$29.9B
| $30.4M | 0.03% |
107,400
-18,500
| -15% | -$6.06M |
|
699
CALL
AbbVie
ABBV
$458B
| $30.4M | 0.03% |
281,600
-150,600
| -35% | -$17.2M |
|
700
PUT
Generac Holdings
GNRC
$11.9B
| $30.3M | 0.03% |
74,100
+54,100
| +271% | +$23.2M |
|
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.