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 | |
|---|---|---|---|---|---|---|
901
Royal Bank of Canada
RY
$292B
| $19.3M | 0.02% |
235,352
+199,842
| +563% | +$15.5M |
|
902
Unisys
UIS
$230M
| $19.3M | 0.02% |
981,417
-294,784
| -23% | -$4.24M |
|
903
Liberty Global Class A
LBTYA
$3.56B
| $19.3M | 0.02% |
797,292
+506,706
| +174% | +$11.3M |
|
904
Perdoceo Education
PRDO
$2.04B
| $19.3M | 0.02% |
1,527,330
-235,859
| -13% | -$2.83M |
|
905
3D Systems Corp
DDD
$441M
| $19.3M | 0.02% |
1,840,396
-479,416
| -21% | -$3.9M |
|
|
STIC.U
906
DELISTED
Northern Star Acquisition Corp. Units, each consisting of one share of common stock and one-third of
STIC.U
| $19.2M | 0.02% |
+1,225,000
| New | +$14.4M |
|
|
ACH
907
Accendra Health
ACH
$256M
| $19.2M | 0.02% |
710,545
-182,761
| -20% | -$4.7M |
|
908
Alliant Energy
LNT
$18.3B
| $19.2M | 0.02% |
372,764
+56,256
| +18% | +$3.02M |
|
909
PUT
Blackrock
BLK
$170B
| $19.1M | 0.02% |
26,500
+3,200
| +14% | +$2.12M |
|
|
EQC
910
DELISTED
Equity Commonwealth
EQC
| $19M | 0.02% |
698,200
+345,493
| +98% | +$9.22M |
|
911
Kura Oncology
KURA
$826M
| $19M | 0.02% |
580,593
+240,962
| +71% | +$8.47M |
|
912
Americold
COLD
$4.13B
| $18.9M | 0.02% |
507,034
-867,974
| -63% | -$31.2M |
|
913
HP
HPQ
$24.6B
| $18.9M | 0.02% |
768,931
-882,019
| -53% | -$18.5M |
|
|
GLDD
914
DELISTED
Great Lakes Dredge & Dock
GLDD
| $18.9M | 0.02% |
1,433,836
-138,326
| -9% | -$1.55M |
|
915
CALL
Home Depot
HD
$332B
| $18.9M | 0.02% |
71,000
-64,800
| -48% | -$17.8M |
|
|
AMRN
916
Amarin Corp
AMRN
$298M
| $18.8M | 0.02% |
192,600
-150,226
| -44% | -$14.5M |
|
917
CALL
RingCentral
RNG
$4.48B
| $18.8M | 0.02% |
49,500
-3,900
| -7% | -$1.21M |
|
918
W.P. Carey
WPC
$16.9B
| $18.7M | 0.02% |
270,741
+129,905
| +92% | +$8.68M |
|
919
Rio Tinto
RIO
$158B
| $18.7M | 0.02% |
248,688
+58,992
| +31% | +$3.87M |
|
920
Veeco
VECO
$2.95B
| $18.6M | 0.02% |
1,074,026
-13,656
| -1% | -$209K |
|
921
Bristol-Myers Squibb
BMY
$132B
| $18.6M | 0.02% |
300,390
+142,568
| +90% | +$8.77M |
|
922
eBay
EBAY
$50.4B
| $18.6M | 0.02% |
370,252
-2,174,777
| -85% | -$111M |
|
|
CPE
923
DELISTED
Callon Petroleum Company
CPE
| $18.6M | 0.02% |
1,410,991
+860,803
| +156% | +$7.43M |
|
|
IPG
924
DELISTED
Interpublic Group of Companies
IPG
| $18.6M | 0.02% |
788,702
-817,664
| -51% | -$17.1M |
|
925
Leidos
LDOS
$14.1B
| $18.5M | 0.02% |
176,143
-89,962
| -34% | -$8.63M |
|
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.