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 | |
|---|---|---|---|---|---|---|
|
DM
926
DELISTED
Desktop Metal, Inc.
DM
| $18.5M | 0.02% |
+107,500
| New | +$14.2M |
|
927
M&T Bank
MTB
$35.8B
| $18.5M | 0.02% |
145,207
-19,114
| -12% | -$2.18M |
|
|
WORK
928
DELISTED
Slack Technologies, Inc.
WORK
| $18.5M | 0.02% |
437,081
-2,516,243
| -85% | -$85M |
|
929
PUT
Applied Materials
AMAT
$398B
| $18.3M | 0.02% |
211,900
+18,100
| +9% | +$1.34M |
|
|
Y
930
PUT
DELISTED
Alleghany Corp
Y
| $18.2M | 0.02% |
30,200
| – | – |
|
|
XLNX
931
DELISTED
Xilinx Inc
XLNX
| $18.2M | 0.02% |
128,547
-32,392
| -20% | -$4.21M |
|
932
MDU Resources
MDU
$4.17B
| $18.2M | 0.02% |
1,817,243
-704,022
| -28% | -$6.58M |
|
|
CMD
933
DELISTED
Cantel Medical Corporation
CMD
| $18.2M | 0.02% |
230,326
+99,708
| +76% | +$5.85M |
|
934
PUT
TAL Education Group
TAL
$6.85B
| $18.1M | 0.02% |
253,800
+128,500
| +103% | +$9.27M |
|
935
CALL
Lam Research
LRCX
$373B
| $18.1M | 0.02% |
383,000
-158,000
| -29% | -$6.65M |
|
|
FTCH
936
CALL
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $18M | 0.02% |
282,700
+268,600
| +1,905% | +$11.9M |
|
937
Pitney Bowes
PBI
$2.46B
| $18M | 0.02% |
2,926,025
-1,277,056
| -30% | -$7.67M |
|
|
CXP
938
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $18M | 0.02% |
1,254,147
-324,672
| -21% | -$4.13M |
|
939
Public Storage
PSA
$59.3B
| $18M | 0.02% |
77,846
+67,528
| +654% | +$15.5M |
|
940
PUT
BP
BP
$114B
| $18M | 0.02% |
875,800
-446,000
| -34% | -$8.41M |
|
941
Alcon
ALC
$33.9B
| $17.9M | 0.02% |
271,910
-400,921
| -60% | -$25.1M |
|
942
CALL
Lithia Motors
LAD
$8.9B
| $17.9M | 0.02% |
61,300
+23,600
| +63% | +$6.46M |
|
943
Cummins
CMI
$87.3B
| $17.9M | 0.02% |
78,758
+73,129
| +1,299% | +$16.4M |
|
944
Willis Towers Watson
WTW
$31.7B
| $17.8M | 0.02% |
84,648
-446,561
| -84% | -$91.9M |
|
945
CALL
Macy's
M
$6.56B
| $17.8M | 0.02% |
1,584,400
+283,100
| +22% | +$2.42M |
|
|
946
CALL
Advanced Micro Devices
AMD
$791B
| $17.8M | 0.02% |
193,900
+78,200
| +68% | +$6.75M |
|
947
PUT
Spruce Power Holding Corp
SPRU
$35.8M
| $17.7M | 0.02% |
+93,463
| New | +$10.1M |
|
948
CALL
Chewy
CHWY
$9.34B
| $17.7M | 0.02% |
196,500
+16,800
| +9% | +$1.23M |
|
949
PUT
Ambarella
AMBA
$3.25B
| $17.7M | 0.02% |
192,300
+23,300
| +14% | +$1.63M |
|
|
MRTX
950
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $17.6M | 0.02% |
80,200
+20,000
| +33% | +$4.32M |
|
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.