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 | |
|---|---|---|---|---|---|---|
1276
PUT
Credit Acceptance
CACC
$5.81B
| $10.4M | 0.01% |
30,000
+20,000
| +200% | +$6.53M |
|
1277
Dr. Reddy's Laboratories
RDY
$9.85B
| $10.4M | 0.01% |
727,915
+17,910
| +3% | +$241K |
|
1278
CEL-SCI Corp
CVM
$21.3M
| $10.4M | 0.01% |
29,651
+342
| +1% | +$135K |
|
|
AEL
1279
DELISTED
American Equity Investment Life Holding Company
AEL
| $10.4M | 0.01% |
+374,239
| New | +$10.3M |
|
1280
PUT
Dow Inc
DOW
$21.7B
| $10.4M | 0.01% |
186,500
| – | – |
|
|
GAP
1281
CALL
The Gap Inc
GAP
$7.34B
| $10.4M | 0.01% |
512,700
+37,900
| +8% | +$796K |
|
1282
Capital One
COF
$129B
| $10.3M | 0.01% |
104,682
+1,267
| +1% | +$108K |
|
|
CSOD
1283
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $10.3M | 0.01% |
234,715
-71,242
| -23% | -$2.95M |
|
|
EB
1284
DELISTED
Eventbrite
EB
| $10.3M | 0.01% |
570,088
+165,018
| +41% | +$2.31M |
|
1285
Cintas
CTAS
$82.7B
| $10.3M | 0.01% |
116,356
+113,264
| +3,663% | +$9.83M |
|
1286
PUT
ConocoPhillips
COP
$145B
| $10.2M | 0.01% |
255,700
-29,100
| -10% | -$1.07M |
|
|
XENT
1287
DELISTED
Intersect ENT, Inc
XENT
| $10.2M | 0.01% |
445,933
-30,844
| -6% | -$587K |
|
1288
CALL
CSX Corp
CSX
$93B
| $10.2M | 0.01% |
337,500
+300,000
| +800% | +$8.62M |
|
1289
Conagra Brands
CAG
$7.19B
| $10.2M | 0.01% |
280,252
-101,592
| -27% | -$3.68M |
|
|
KC
1290
Kingsoft Cloud Holdings
KC
$3.04B
| $10.2M | 0.01% |
233,306
+148,832
| +176% | +$5.51M |
|
1291
PUT
Medtronic
MDT
$110B
| $10.1M | 0.01% |
86,500
+40,000
| +86% | +$4.4M |
|
1292
PUT
Kohl's
KSS
$2.21B
| $10.1M | 0.01% |
247,900
+30,000
| +14% | +$873K |
|
1293
CALL
Cisco
CSCO
$448B
| $10M | 0.01% |
224,000
+97,400
| +77% | +$4M |
|
1294
Turning Point Brands
TPB
$1.47B
| $9.99M | 0.01% |
224,307
-37,843
| -14% | -$1.43M |
|
|
STMP
1295
CALL
DELISTED
Stamps.com, Inc.
STMP
| $9.99M | 0.01% |
50,900
-3,200
| -6% | -$703K |
|
1296
Trinity Industries
TRN
$2.73B
| $9.98M | 0.01% |
378,041
+70,698
| +23% | +$1.59M |
|
1297
General Motors
GM
$80B
| $9.95M | 0.01% |
239,054
+134,974
| +130% | +$5.25M |
|
1298
FTI Consulting
FCN
$4.95B
| $9.93M | 0.01% |
+88,851
| New | +$9.57M |
|
|
WBA
1299
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $9.93M | 0.01% |
248,900
+178,500
| +254% | +$6.91M |
|
1300
Acuity Brands
AYI
$10.1B
| $9.9M | 0.01% |
81,772
+38,654
| +90% | +$4.15M |
|
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.