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 | |
|---|---|---|---|---|---|---|
876
CALL
Capital One
COF
$129B
| $20.5M | 0.02% |
207,100
-94,900
| -31% | -$8.07M |
|
877
SM Energy
SM
$7.58B
| $20.4M | 0.02% |
3,329,513
-947,632
| -22% | -$3.2M |
|
878
Toronto Dominion Bank
TD
$198B
| $20.3M | 0.02% |
+360,100
| New | +$18.2M |
|
879
CALL
Fastly Inc
FSLY
$3.37B
| $20.3M | 0.02% |
232,300
+43,000
| +23% | +$3.79M |
|
880
Boston Beer
SAM
$1.93B
| $20.3M | 0.02% |
20,405
+13,142
| +181% | +$12.6M |
|
881
Community Health Systems
CYH
$391M
| $20.2M | 0.02% |
2,718,145
+928,062
| +52% | +$6.56M |
|
882
Tyson Foods
TSN
$21.4B
| $20.2M | 0.02% |
312,722
+18,775
| +6% | +$1.17M |
|
883
PUT
SLB Ltd
SLB
$72.6B
| $20.1M | 0.02% |
921,800
-94,800
| -9% | -$1.79M |
|
884
Edwards Lifesciences
EW
$50B
| $20.1M | 0.02% |
219,793
-503,450
| -70% | -$41.8M |
|
885
Flowserve
FLS
$9.63B
| $20M | 0.02% |
543,734
-225,655
| -29% | -$7.38M |
|
886
Extra Space Storage
EXR
$31.3B
| $20M | 0.02% |
172,862
+68,023
| +65% | +$7.75M |
|
887
Icon
ICLR
$12.8B
| $19.9M | 0.02% |
102,052
-35,506
| -26% | -$6.94M |
|
888
CALL
Teladoc Health
TDOC
$1.2B
| $19.9M | 0.02% |
99,337
-60,763
| -38% | -$12.4M |
|
889
PUT
HubSpot
HUBS
$11.9B
| $19.8M | 0.02% |
50,000
+10,000
| +25% | +$3.51M |
|
|
DRE
890
DELISTED
Duke Realty Corp.
DRE
| $19.8M | 0.02% |
495,518
+255,457
| +106% | +$9.97M |
|
891
PUT
RTX Corp
RTX
$289B
| $19.8M | 0.02% |
276,402
+2,200
| +0.8% | +$145K |
|
892
American Financial Group
AFG
$11.8B
| $19.7M | 0.02% |
225,266
-254,179
| -53% | -$20.8M |
|
893
Intellia Therapeutics
NTLA
$1.55B
| $19.7M | 0.02% |
361,371
+189,402
| +110% | +$6.88M |
|
894
PUT
First Solar
FSLR
$22.1B
| $19.6M | 0.02% |
198,400
+180,500
| +1,008% | +$15.7M |
|
|
CHNGU
895
DELISTED
Change Healthcare Inc. Tangible Equity Units
CHNGU
| $19.6M | 0.02% |
300,000
+100,000
| +50% | +$5.9M |
|
896
Telephone and Data Systems
TDS
$3.82B
| $19.6M | 0.02% |
1,053,033
+528,892
| +101% | +$9.72M |
|
897
PUT
Johnson & Johnson
JNJ
$617B
| $19.5M | 0.02% |
124,200
-20,900
| -14% | -$3.08M |
|
898
CALL
American International
AIG
$41.8B
| $19.5M | 0.02% |
513,800
-208,600
| -29% | -$7.35M |
|
899
PUT
Valero Energy
VLO
$92.6B
| $19.4M | 0.02% |
343,000
-81,000
| -19% | -$3.97M |
|
900
Fortive
FTV
$17.7B
| $19.4M | 0.02% |
362,751
-1,813,558
| -83% | -$93.3M |
|
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.