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 |
Emerson Electric
EMR
|
+$546M |
| 2 |
Amazon
AMZN
|
+$515M |
| 3 |
Tesla
TSLA
|
+$389M |
| 4 |
Netflix
NFLX
|
+$322M |
| 5 |
Adobe
ADBE
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$836M |
| 2 |
CELG
Celgene Corp
CELG
|
+$460M |
| 3 |
NVIDIA
NVDA
|
+$429M |
| 4 |
ConocoPhillips
COP
|
+$311M |
| 5 |
Biogen
BIIB
|
+$301M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Consumer Discretionary | 11.75% |
| 3 | Healthcare | 9.92% |
| 4 | Financials | 7.86% |
| 5 | Industrials | 6.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
PUT
Electronic Arts
EA
$52.4B
| $24.2M | 0.03% |
224,800
-33,200
| -13% | -$3.3M |
|
702
CALL
lululemon athletica
LULU
$13B
| $24.1M | 0.03% |
104,100
+24,600
| +31% | +$5.24M |
|
703
Commercial Metals
CMC
$7.63B
| $24.1M | 0.03% |
1,081,761
+398,090
| +58% | +$8.06M |
|
704
Altria Group
MO
$122B
| $24.1M | 0.03% |
482,185
-2,488,437
| -84% | -$117M |
|
|
AGR
705
DELISTED
Avangrid, Inc.
AGR
| $24.1M | 0.03% |
470,202
-56,058
| -11% | -$2.79M |
|
706
Brighthouse Financial
BHF
$3.63B
| $24M | 0.03% |
612,515
+194,874
| +47% | +$7.67M |
|
707
CALL
Wayfair
W
$11.1B
| $24M | 0.03% |
265,400
+76,000
| +40% | +$7.09M |
|
708
OraSure Technologies
OSUR
$273M
| $23.9M | 0.03% |
2,981,555
-62,563
| -2% | -$506K |
|
709
Williams Companies
WMB
$90.5B
| $23.9M | 0.03% |
+1,009,247
| New | +$23.1M |
|
710
Innoviva
INVA
$1.58B
| $23.9M | 0.03% |
1,688,405
+150,974
| +10% | +$1.85M |
|
711
Infosys
INFY
$45B
| $23.9M | 0.03% |
2,313,788
+2,289,088
| +9,268% | +$23M |
|
712
General Dynamics
GD
$105B
| $23.9M | 0.03% |
135,287
+79,676
| +143% | +$14.3M |
|
713
Take-Two Interactive
TTWO
$43B
| $23.7M | 0.03% |
193,376
+131,507
| +213% | +$16M |
|
714
Expedia Group
EXPE
$31.2B
| $23.6M | 0.03% |
217,882
-282,081
| -56% | -$33.1M |
|
715
Avient
AVNT
$3.45B
| $23.6M | 0.03% |
640,113
-166,887
| -21% | -$5.45M |
|
716
Arch Capital
ACGL
$36.1B
| $23.5M | 0.03% |
548,998
-808,982
| -60% | -$33.6M |
|
717
Armstrong World Industries
AWI
$6.86B
| $23.5M | 0.03% |
250,114
-278,470
| -53% | -$26.6M |
|
718
Integra LifeSciences
IART
$1.54B
| $23.5M | 0.03% |
402,578
-21,114
| -5% | -$1.26M |
|
719
Sanmina
SANM
$11.2B
| $23.4M | 0.03% |
683,890
-189,791
| -22% | -$6.08M |
|
720
ManpowerGroup
MAN
$2.39B
| $23.4M | 0.03% |
240,656
-206,302
| -46% | -$18.9M |
|
721
BioMarin Pharmaceuticals
BMRN
$11.5B
| $23.3M | 0.03% |
276,088
+132,987
| +93% | +$10M |
|
722
HEICO Corp Class A
HEI.A
$35.4B
| $23.3M | 0.03% |
260,690
+12
| +0% | +$1.14K |
|
723
CALL
Lowe's Companies
LOW
$116B
| $23.3M | 0.03% |
194,300
+180,500
| +1,308% | +$20.6M |
|
724
Gentex
GNTX
$4.88B
| $23.2M | 0.03% |
799,992
+369,292
| +86% | +$10.4M |
|
725
Exelixis
EXEL
$13.9B
| $23.1M | 0.03% |
1,312,632
+490,299
| +60% | +$8.31M |
|
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D.E. Shaw & Co's Q4 2019 Portfolio in Review
As of Q4 2019, D.E. Shaw & Co held 4,337 positions worth $87.5B, up 7.7% from $81.2B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
D.E. Shaw & Co's Q4 2019 filing shows 572 new, 1,477 increased, 1,498 reduced and 412 closed positions. Its largest new stake was Tesla: 17,953,230 shares worth $501M. The largest sale was Alibaba, an estimated $836M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2019 buy was Tesla: 17,953,230 shares worth $501M.
- D.E. Shaw & Co added most to Emerson Electric in Q4 2019, an estimated $546M increase.
- D.E. Shaw & Co's biggest Q4 2019 reduction was Alibaba, cutting an estimated $836M.
- D.E. Shaw & Co fully exited Celgene Corp in Q4 2019, selling an estimated $460M.
- D.E. Shaw & Co's ten largest holdings make up 10% of its $87.5B portfolio in Q4 2019.
- D.E. Shaw & Co opened 572 new positions and closed 412 in Q4 2019.
- D.E. Shaw & Co's portfolio value rose 7.7% quarter-over-quarter to $87.5B.
Based on D.E. Shaw & Co's 13F filing for Q4 2019, filed 14 Feb 2020.