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 | |
|---|---|---|---|---|---|---|
|
PS
1226
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $11.3M | 0.01% |
539,320
-515,448
| -49% | -$9.21M |
|
1227
HDFC Bank
HDB
$124B
| $11.3M | 0.01% |
+312,758
| New | +$9.97M |
|
1228
Accuray
ARAY
$33.9M
| $11.3M | 0.01% |
2,709,675
+75,227
| +3% | +$276K |
|
1229
CALL
Verizon
VZ
$193B
| $11.3M | 0.01% |
192,100
-116,200
| -38% | -$6.9M |
|
|
STMP
1230
PUT
DELISTED
Stamps.com, Inc.
STMP
| $11.3M | 0.01% |
57,500
| – | – |
|
1231
Edison International
EIX
$30.3B
| $11.3M | 0.01% |
179,110
-440,578
| -71% | -$26.5M |
|
|
GTS
1232
DELISTED
Triple-S Management Corporation
GTS
| $11.2M | 0.01% |
526,687
+22,309
| +4% | +$477K |
|
1233
PUT
Philip Morris
PM
$299B
| $11.2M | 0.01% |
135,700
+23,200
| +21% | +$1.81M |
|
|
JOYY
1234
PUT
JOYY Inc
JOYY
$3.68B
| $11.2M | 0.01% |
140,000
| – | – |
|
1235
Avient
AVNT
$3.36B
| $11.2M | 0.01% |
277,955
-337,554
| -55% | -$11.9M |
|
1236
Yext
YEXT
$552M
| $11.2M | 0.01% |
710,627
+191,766
| +37% | +$3.28M |
|
|
THS
1237
DELISTED
Treehouse Foods
THS
| $11.2M | 0.01% |
262,799
+12,772
| +5% | +$519K |
|
1238
PUT
Conagra Brands
CAG
$7.19B
| $11.2M | 0.01% |
307,500
| – | – |
|
|
AXON
1239
Axon Enterprise
AXON
$42.3B
| $11.1M | 0.01% |
90,833
+87,465
| +2,597% | +$10M |
|
1240
Celestica
CLS
$40.5B
| $11.1M | 0.01% |
1,378,640
+348,526
| +34% | +$2.55M |
|
|
TBCH
1241
Turtle Beach Corp
TBCH
$243M
| $11.1M | 0.01% |
516,002
+160,092
| +45% | +$3.19M |
|
1242
PUT
Veeva Systems
VEEV
$32.7B
| $11.1M | 0.01% |
40,800
+2,100
| +5% | +$588K |
|
1243
CALL
Danaher
DHR
$138B
| $11.1M | 0.01% |
56,400
+19,627
| +53% | +$3.94M |
|
1244
CALL
Hershey
HSY
$35.9B
| $11.1M | 0.01% |
72,900
-15,000
| -17% | -$2.22M |
|
1245
PUT
Elastic
ESTC
$6.68B
| $11.1M | 0.01% |
75,900
| – | – |
|
1246
CALL
Shake Shack
SHAK
$2.54B
| $11M | 0.01% |
129,700
-20,800
| -14% | -$1.61M |
|
|
GWPH
1247
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $11M | 0.01% |
95,200
-3,200
| -3% | -$359K |
|
1248
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $11M | 0.01% |
535,328
+128,076
| +31% | +$2.14M |
|
1249
PUT
Royal Caribbean
RCL
$86.1B
| $11M | 0.01% |
147,000
-153,200
| -51% | -$10.7M |
|
|
IRBT
1250
CALL
DELISTED
iRobot
IRBT
| $11M | 0.01% |
136,600
-83,300
| -38% | -$6.78M |
|
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.