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 | |
|---|---|---|---|---|---|---|
1001
First Bancorp
FBP
$4.4B
| $16M | 0.01% |
1,735,985
-1,036,939
| -37% | -$7.9M |
|
1002
CALL
Texas Instruments
TXN
$255B
| $16M | 0.01% |
97,400
+91,900
| +1,671% | +$14.3M |
|
1003
CALL
American Tower
AMT
$81.3B
| $15.9M | 0.01% |
71,000
+26,700
| +60% | +$6.21M |
|
1004
Newell Brands
NWL
$2.18B
| $15.9M | 0.01% |
749,944
+442,675
| +144% | +$8.63M |
|
1005
CALL
Regeneron Pharmaceuticals
REGN
$77.4B
| $15.9M | 0.01% |
32,900
-7,600
| -19% | -$4.1M |
|
1006
CALL
BP
BP
$114B
| $15.9M | 0.01% |
774,500
+508,400
| +191% | +$9.58M |
|
1007
PUT
Nike
NKE
$62.7B
| $15.9M | 0.01% |
112,300
+17,100
| +18% | +$2.27M |
|
1008
PagSeguro Digital
PAGS
$2.75B
| $15.9M | 0.01% |
+279,160
| New | +$12.5M |
|
1009
Cognex
CGNX
$10.4B
| $15.9M | 0.01% |
197,452
-36,972
| -16% | -$2.69M |
|
1010
Brown-Forman Class B
BF.B
$13.2B
| $15.8M | 0.01% |
199,353
+2,417
| +1% | +$187K |
|
1011
PUT
3M
MMM
$90.8B
| $15.8M | 0.01% |
108,238
-17,342
| -14% | -$2.46M |
|
1012
CALL
Pinterest
PINS
$13.7B
| $15.8M | 0.01% |
240,000
+64,300
| +37% | +$3.86M |
|
1013
Highwoods Properties
HIW
$3.73B
| $15.8M | 0.01% |
398,990
-96,869
| -20% | -$3.5M |
|
1014
CALL
Carvana
CVNA
$44B
| $15.6M | 0.01% |
326,000
-239,500
| -42% | -$10.9M |
|
1015
Service Corp International
SCI
$11.8B
| $15.5M | 0.01% |
315,988
-327,954
| -51% | -$15.6M |
|
1016
PUT
Moderna
MRNA
$23B
| $15.5M | 0.01% |
148,500
+18,100
| +14% | +$1.83M |
|
1017
Alaska Air
ALK
$5.27B
| $15.5M | 0.01% |
297,944
+383
| +0.1% | +$17.2K |
|
|
BECN
1018
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $15.5M | 0.01% |
384,989
-1,425
| -0.4% | -$52.1K |
|
1019
T. Rowe Price
TROW
$25.6B
| $15.5M | 0.01% |
102,127
+3,942
| +4% | +$564K |
|
1020
CALL
MGM Resorts International
MGM
$11.7B
| $15.4M | 0.01% |
489,000
-38,000
| -7% | -$978K |
|
1021
Ziff Davis
ZD
$1.94B
| $15.4M | 0.01% |
+180,971
| New | +$13.1M |
|
1022
PUT
Sherwin-Williams
SHW
$83.7B
| $15.4M | 0.01% |
62,700
| – | – |
|
1023
Sprouts Farmers Market
SFM
$8.17B
| $15.3M | 0.01% |
762,863
+565,253
| +286% | +$11.6M |
|
1024
Autoliv
ALV
$9.09B
| $15.3M | 0.01% |
166,205
+126,926
| +323% | +$11M |
|
1025
Pebblebrook Hotel Trust
PEB
$2.12B
| $15.2M | 0.01% |
810,874
+722,419
| +817% | +$11.7M |
|
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.