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 | |
|---|---|---|---|---|---|---|
1301
Skyworks Solutions
SWKS
$9.4B
| $9.9M | 0.01% |
64,750
+57,782
| +829% | +$8.46M |
|
1302
Cal-Maine
CALM
$4.13B
| $9.81M | 0.01% |
261,354
-96,829
| -27% | -$3.73M |
|
1303
PUT
Shake Shack
SHAK
$2.54B
| $9.81M | 0.01% |
115,700
| – | – |
|
1304
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$234M
| $9.78M | 0.01% |
+365
| New | +$13.3M |
|
1305
Citizens Financial Group
CFG
$30.3B
| $9.77M | 0.01% |
273,275
-848,663
| -76% | -$26.6M |
|
1306
TC Energy
TRP
$70.9B
| $9.75M | 0.01% |
239,922
-107,078
| -31% | -$4.56M |
|
1307
Fossil Group
FOSL
$288M
| $9.74M | 0.01% |
1,123,135
+99,853
| +10% | +$840K |
|
|
SWCH
1308
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $9.71M | 0.01% |
593,299
-583,344
| -50% | -$9.12M |
|
|
ALXN
1309
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $9.69M | 0.01% |
62,000
| – | – |
|
1310
Seres Therapeutics
MCRB
$46.3M
| $9.68M | 0.01% |
19,750
-5,147
| -21% | -$3.01M |
|
|
NBIS
1311
CALL
Nebius Group N.V.
NBIS
$47.8B
| $9.63M | 0.01% |
138,400
+37,200
| +37% | +$2.38M |
|
|
ZNTEU
1312
DELISTED
Zanite Acquisition Corp. Unit
ZNTEU
| $9.63M | 0.01% |
+915,000
| New | +$9.34M |
|
|
CS
1313
DELISTED
Credit Suisse Group
CS
| $9.62M | 0.01% |
751,415
+430,922
| +134% | +$4.99M |
|
1314
Shift4
FOUR
$4.26B
| $9.62M | 0.01% |
127,540
+97,377
| +323% | +$5.82M |
|
1315
Sunstone Hotel Investors
SHO
$2.18B
| $9.59M | 0.01% |
846,781
+114,378
| +16% | +$1.09M |
|
1316
PUT
Chegg
CHGG
$118M
| $9.59M | 0.01% |
106,200
+37,900
| +55% | +$3.01M |
|
1317
CALL
NetEase
NTES
$84.4B
| $9.58M | 0.01% |
100,000
| – | – |
|
|
GOOS
1318
Canada Goose Holdings
GOOS
$904M
| $9.54M | 0.01% |
320,476
+312,459
| +3,897% | +$10.4M |
|
1319
PUT
AngloGold Ashanti
AU
$41.6B
| $9.53M | 0.01% |
421,500
+18,500
| +5% | +$444K |
|
1320
PUT
Dell
DELL
$262B
| $9.53M | 0.01% |
256,490
-98,650
| -28% | -$3.44M |
|
1321
Murphy Oil
MUR
$5.48B
| $9.5M | 0.01% |
+784,919
| New | +$7.8M |
|
1322
Zurn Elkay Water Solutions
ZWS
$8.31B
| $9.47M | 0.01% |
498,088
+19,989
| +4% | +$343K |
|
1323
Manulife Financial
MFC
$74B
| $9.47M | 0.01% |
532,500
-823,040
| -61% | -$13.1M |
|
1324
Exelixis
EXEL
$14.1B
| $9.46M | 0.01% |
471,606
-125,441
| -21% | -$2.63M |
|
1325
Seagate
STX
$193B
| $9.45M | 0.01% |
152,070
+147,439
| +3,184% | +$8.29M |
|
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.