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 |
ATVI
Activision Blizzard
ATVI
|
+$757M |
| 2 |
Alibaba
BABA
|
+$544M |
| 3 |
Booking.com
BKNG
|
+$475M |
| 4 |
XLNX
Xilinx Inc
XLNX
|
+$377M |
| 5 |
Caterpillar
CAT
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Amazon
AMZN
|
+$486M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$443M |
| 4 |
Salesforce
CRM
|
+$363M |
| 5 |
Qualcomm
QCOM
|
+$352M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.27% |
| 2 | Consumer Discretionary | 9.91% |
| 3 | Healthcare | 7.11% |
| 4 | Financials | 6.94% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EOCW
1051
DELISTED
Elliott Opportunity II Corp.
EOCW
| $16.1M | 0.01% |
+1,651,305
| New | +$16.1M |
|
1052
Intuit
INTU
$81.1B
| $16.1M | 0.01% |
29,810
-14,837
| -33% | -$8M |
|
1053
PUT
SLB Ltd
SLB
$77.8B
| $16.1M | 0.01% |
542,000
+50,000
| +10% | +$1.43M |
|
1054
Red Rock Resorts
RRR
$3.74B
| $16.1M | 0.01% |
313,582
-28,086
| -8% | -$1.23M |
|
1055
LKQ Corp
LKQ
$6.58B
| $16.1M | 0.01% |
318,947
-66,795
| -17% | -$3.4M |
|
1056
Lucid Motors
LCID
$2.46B
| $16M | 0.01% |
+63,224
| New | +$14.6M |
|
1057
CALL
Avis
CAR
$5.63B
| $16M | 0.01% |
137,700
+24,300
| +21% | +$2.14M |
|
|
AGEN
1058
Agenus
AGEN
$249M
| $16M | 0.01% |
155,685
+96,766
| +164% | +$10.9M |
|
|
NBP
1059
NovaBridge Biosciences American Depositary Shares
NBP
$205M
| $16M | 0.01% |
221,281
+62,823
| +40% | +$4.54M |
|
|
PARA
1060
DELISTED
Paramount Global Class B
PARA
| $16M | 0.01% |
404,073
-2,732,139
| -87% | -$111M |
|
1061
RTX Corp
RTX
$287B
| $15.9M | 0.01% |
185,456
-115,170
| -38% | -$9.85M |
|
1062
Philip Morris
PM
$301B
| $15.9M | 0.01% |
168,111
+67,934
| +68% | +$6.83M |
|
1063
CALL
Nike
NKE
$61.9B
| $15.9M | 0.01% |
109,500
+89,500
| +448% | +$14.6M |
|
1064
Phreesia
PHR
$632M
| $15.9M | 0.01% |
257,318
+54,406
| +27% | +$3.63M |
|
|
ZNTE
1065
DELISTED
Zanite Acquisition Corp. Class A Common Stock
ZNTE
| $15.9M | 0.01% |
1,570,048
+515,900
| +49% | +$5.19M |
|
|
NBIS
1066
CALL
Nebius Group N.V.
NBIS
$47.7B
| $15.8M | 0.01% |
198,900
+106,200
| +115% | +$7.74M |
|
1067
CALL
Deere & Co
DE
$170B
| $15.8M | 0.01% |
47,200
+18,100
| +62% | +$6.52M |
|
1068
CALL
Synchrony
SYF
$23.7B
| $15.8M | 0.01% |
323,400
+87,100
| +37% | +$4.23M |
|
|
PSTH
1069
CALL
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $15.8M | 0.01% |
+800,000
| New | +$16.2M |
|
1070
Exelixis
EXEL
$13.9B
| $15.7M | 0.01% |
743,820
+511,317
| +220% | +$9.5M |
|
|
CYBR
1071
PUT
DELISTED
CyberArk
CYBR
| $15.7M | 0.01% |
99,300
+8,300
| +9% | +$1.26M |
|
1072
Ecolab
ECL
$75.6B
| $15.5M | 0.01% |
74,494
-263,141
| -78% | -$57.7M |
|
1073
Cipher Digital
CIFR
$9.47B
| $15.5M | 0.01% |
+1,500,000
| New | +$16M |
|
1074
Encore Capital Group
ECPG
$1.93B
| $15.5M | 0.01% |
314,623
+16,236
| +5% | +$771K |
|
1075
CALL
Affirm
AFRM
$23.5B
| $15.5M | 0.01% |
+130,000
| New | +$10.4M |
|
Similar funds
D.E. Shaw & Co's Q3 2021 Portfolio in Review
As of Q3 2021, D.E. Shaw & Co held 5,618 positions worth $111B, down 4.4% from $116B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
D.E. Shaw & Co withdrew a net $8.92B in Q3 2021, closing 695 positions and reducing 1,634 holdings. Its most notable exit was Alexion Pharmaceuticals, an estimated $228M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Sea Limited worth $206M.
- D.E. Shaw & Co's largest Q3 2021 buy was Sea Limited: 645,697 shares worth $206M.
- D.E. Shaw & Co added most to Activision Blizzard in Q3 2021, an estimated $757M increase.
- D.E. Shaw & Co's biggest Q3 2021 reduction was Apple, cutting an estimated $1.07B.
- D.E. Shaw & Co fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $228M.
- D.E. Shaw & Co's ten largest holdings make up 9.2% of its $111B portfolio in Q3 2021.
- D.E. Shaw & Co opened 915 new positions and closed 695 in Q3 2021.
- D.E. Shaw & Co's portfolio value fell 4.4% quarter-over-quarter to $111B.
Based on D.E. Shaw & Co's 13F filing for Q3 2021, filed 15 Nov 2021.