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 | |
|---|---|---|---|---|---|---|
1126
Eastman Chemical
EMN
$7.8B
| $14.4M | 0.01% |
142,752
+136,568
| +2,208% | +$15.1M |
|
1127
Guidewire Software
GWRE
$11.5B
| $14.3M | 0.01% |
120,687
-127,040
| -51% | -$14.7M |
|
|
LGF.B
1128
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $14.3M | 0.01% |
1,102,781
+130,314
| +13% | +$1.71M |
|
1129
CALL
Tyler Technologies
TYL
$12.2B
| $14.3M | 0.01% |
31,200
-2,100
| -6% | -$1M |
|
1130
SS&C Technologies
SSNC
$17.8B
| $14.3M | 0.01% |
205,537
-140,221
| -41% | -$10.4M |
|
|
GRTS
1131
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $14.3M | 0.01% |
1,319,793
+65,073
| +5% | +$592K |
|
1132
CALL
Simon Property Group
SPG
$74.5B
| $14.2M | 0.01% |
109,500
+4,500
| +4% | +$586K |
|
1133
Lumentum
LITE
$59.4B
| $14.2M | 0.01% |
170,264
+59,109
| +53% | +$4.96M |
|
1134
CALL
Elastic
ESTC
$6.1B
| $14.2M | 0.01% |
95,400
+19,000
| +25% | +$2.92M |
|
1135
Dollar Tree
DLTR
$23.1B
| $14.2M | 0.01% |
148,400
+90,497
| +156% | +$8.7M |
|
1136
Children's Place
PLCE
$53.6M
| $14.2M | 0.01% |
188,577
-32,444
| -15% | -$2.88M |
|
|
NSTG
1137
DELISTED
NanoString Technologies, Inc.
NSTG
| $14.2M | 0.01% |
295,308
+69,109
| +31% | +$3.98M |
|
1138
Vanda Pharmaceuticals
VNDA
$312M
| $14.2M | 0.01% |
825,900
-55,447
| -6% | -$971K |
|
1139
Trex
TREX
$4.51B
| $14.1M | 0.01% |
138,464
+72,628
| +110% | +$7.59M |
|
1140
Li Auto
LI
$12.6B
| $14.1M | 0.01% |
+536,573
| New | +$16.1M |
|
1141
FirstService
FSV
$6.32B
| $14.1M | 0.01% |
78,011
-23,100
| -23% | -$4.27M |
|
|
EXAS
1142
DELISTED
Exact Sciences
EXAS
| $14.1M | 0.01% |
147,518
-60,241
| -29% | -$6.36M |
|
1143
CALL
GE Aerospace
GE
$367B
| $14M | 0.01% |
218,774
+88,461
| +68% | +$5.69M |
|
|
LICY
1144
DELISTED
Li-Cycle Holdings Corp.
LICY
| $14M | 0.01% |
+150,000
| New | +$11.1M |
|
|
NATI
1145
DELISTED
National Instruments Corp
NATI
| $14M | 0.01% |
356,404
+49,455
| +16% | +$2.07M |
|
1146
BioCryst Pharmaceuticals
BCRX
$2.37B
| $14M | 0.01% |
972,534
+100,008
| +11% | +$1.58M |
|
1147
Celestica
CLS
$35.1B
| $14M | 0.01% |
1,574,708
+155,628
| +11% | +$1.33M |
|
1148
Kontoor Brands
KTB
$4.62B
| $13.9M | 0.01% |
278,943
-101,217
| -27% | -$5.61M |
|
1149
United Airlines
UAL
$38.4B
| $13.9M | 0.01% |
292,644
+95,817
| +49% | +$4.51M |
|
1150
InMode
INMD
$872M
| $13.9M | 0.01% |
+174,262
| New | +$10.6M |
|
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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.