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 | |
|---|---|---|---|---|---|---|
|
STL
1251
DELISTED
Sterling Bancorp
STL
| $11M | 0.01% |
609,763
+273,270
| +81% | +$4.12M |
|
1252
Acadia Healthcare
ACHC
$2.62B
| $11M | 0.01% |
+217,967
| New | +$8.69M |
|
1253
CALL
Abbott
ABT
$183B
| $10.9M | 0.01% |
100,000
+29,200
| +41% | +$3.17M |
|
1254
Varonis Systems
VRNS
$4.58B
| $10.9M | 0.01% |
200,559
+11,469
| +6% | +$498K |
|
1255
CALL
Visa
V
$673B
| $10.9M | 0.01% |
50,000
| – | – |
|
1256
Aptiv
APTV
$12.3B
| $10.9M | 0.01% |
83,836
+53,309
| +175% | +$5.92M |
|
1257
Teledyne Technologies
TDY
$30.1B
| $10.9M | 0.01% |
27,862
-9,154
| -25% | -$3.28M |
|
|
SAND
1258
DELISTED
Sandstorm Gold
SAND
| $10.9M | 0.01% |
1,523,629
+22,337
| +1% | +$173K |
|
|
CVSA
1259
Covista Inc
CVSA
$4.3B
| $10.9M | 0.01% |
320,405
-56,161
| -15% | -$1.6M |
|
|
MRTX
1260
PUT
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $10.8M | 0.01% |
49,400
+30,700
| +164% | +$6.64M |
|
1261
PUT
Kimberly-Clark
KMB
$36.6B
| $10.8M | 0.01% |
+80,000
| New | +$11.2M |
|
|
GRP.U
1262
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $10.8M | 0.01% |
176,268
+124,500
| +240% | +$7.32M |
|
1263
Mercury Systems
MRCY
$5.76B
| $10.8M | 0.01% |
122,221
+58,733
| +93% | +$4.46M |
|
|
SGEN
1264
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $10.7M | 0.01% |
61,300
-1,100
| -2% | -$205K |
|
1265
Martin Marietta Materials
MLM
$32.4B
| $10.7M | 0.01% |
37,684
-17,534
| -32% | -$4.67M |
|
|
SLCA
1266
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $10.7M | 0.01% |
1,524,401
+146,080
| +11% | +$635K |
|
1267
Intuit
INTU
$86.3B
| $10.7M | 0.01% |
28,132
+11,473
| +69% | +$4.03M |
|
1268
Factset
FDS
$9.35B
| $10.6M | 0.01% |
31,999
-19,246
| -38% | -$6.36M |
|
|
AYX
1269
PUT
DELISTED
Alteryx Inc
AYX
| $10.6M | 0.01% |
87,100
-29,900
| -26% | -$3.77M |
|
1270
MGM Resorts International
MGM
$11.7B
| $10.6M | 0.01% |
336,295
-713,815
| -68% | -$18.4M |
|
1271
Sally Beauty Holdings
SBH
$1.46B
| $10.5M | 0.01% |
808,156
+17,537
| +2% | +$187K |
|
1272
CALL
Estee Lauder
EL
$30.7B
| $10.5M | 0.01% |
39,500
-2,600
| -6% | -$626K |
|
|
OPLN
1273
Openlane
OPLN
$4.29B
| $10.5M | 0.01% |
564,129
-35,241
| -6% | -$608K |
|
|
CONXU
1274
DELISTED
CONX Corp. Unit
CONXU
| $10.4M | 0.01% |
+1,000,000
| New | +$10.1M |
|
|
ROIC
1275
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $10.4M | 0.01% |
777,199
+199,712
| +35% | +$2.44M |
|
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.