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 |
Walt Disney
DIS
|
+$642M |
| 2 |
Boeing
BA
|
+$429M |
| 3 |
Alibaba
BABA
|
+$313M |
| 4 |
Advanced Micro Devices
AMD
|
+$304M |
| 5 |
JD.com
JD
|
+$275M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.13B |
| 2 |
Amazon
AMZN
|
+$456M |
| 3 |
Procter & Gamble
PG
|
+$359M |
| 4 |
JPMorgan Chase
JPM
|
+$304M |
| 5 |
Costco
COST
|
+$298M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.37% |
| 2 | Consumer Discretionary | 12.29% |
| 3 | Healthcare | 8.61% |
| 4 | Financials | 6.39% |
| 5 | Communication Services | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GRUB
1326
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $7.51M | 0.01% |
51,900
-8,300
| -14% | -$1.2M |
|
1327
State Street
STT
$48.4B
| $7.5M | 0.01% |
126,450
-79,532
| -39% | -$5.16M |
|
1328
CALL
MarketAxess Holdings
MKTX
$4.47B
| $7.46M | 0.01% |
15,500
-800
| -5% | -$396K |
|
1329
PUT
Alcoa
AA
$11.3B
| $7.46M | 0.01% |
641,700
-235,200
| -27% | -$3.16M |
|
1330
PUT
AB InBev
BUD
$164B
| $7.46M | 0.01% |
138,500
+92,200
| +199% | +$5.11M |
|
1331
PUT
Shake Shack
SHAK
$2.54B
| $7.46M | 0.01% |
115,700
+16,400
| +17% | +$951K |
|
1332
Capital One
COF
$128B
| $7.43M | 0.01% |
103,415
+53,969
| +109% | +$3.61M |
|
1333
Photronics
PLAB
$1.65B
| $7.42M | 0.01% |
744,838
+190,701
| +34% | +$2.06M |
|
1334
CALL
Macy's
M
$6.51B
| $7.42M | 0.01% |
1,301,300
-37,100
| -3% | -$247K |
|
|
INOV
1335
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.42M | 0.01% |
280,372
+11,601
| +4% | +$272K |
|
1336
Corcept Therapeutics
CORT
$9.98B
| $7.41M | 0.01% |
425,567
+100,813
| +31% | +$1.61M |
|
1337
PUT
Prudential Financial
PRU
$42.6B
| $7.4M | 0.01% |
116,500
+48,300
| +71% | +$3.17M |
|
1338
Ligand Pharmaceuticals
LGND
$5.77B
| $7.39M | 0.01% |
124,362
-148,826
| -54% | -$10.2M |
|
1339
Tenaris
TS
$28.2B
| $7.38M | 0.01% |
749,775
-522,710
| -41% | -$6.18M |
|
1340
NOV
NOV
$6.84B
| $7.38M | 0.01% |
814,691
+425,659
| +109% | +$4.98M |
|
1341
W.R. Berkley
WRB
$28.1B
| $7.38M | 0.01% |
271,577
+170,786
| +169% | +$4.68M |
|
|
WCN
1342
Waste Connections
WCN
$43.6B
| $7.37M | 0.01% |
70,940
+56,959
| +407% | +$5.7M |
|
1343
RPM International
RPM
$13.8B
| $7.37M | 0.01% |
88,906
+19,537
| +28% | +$1.6M |
|
1344
PUT
HSBC
HSBC
$352B
| $7.34M | 0.01% |
375,000
+5,000
| +1% | +$110K |
|
1345
Turning Point Brands
TPB
$1.48B
| $7.31M | 0.01% |
262,150
-88,260
| -25% | -$2.59M |
|
|
OSB
1346
DELISTED
Norbord Inc.
OSB
| $7.3M | 0.01% |
247,010
+211,100
| +588% | +$6.58M |
|
1347
CALL
Pinterest
PINS
$13.7B
| $7.29M | 0.01% |
175,700
-72,600
| -29% | -$2.37M |
|
1348
CALL
Caesars Entertainment
CZR
$6.06B
| $7.29M | 0.01% |
130,000
+40,000
| +44% | +$1.76M |
|
1349
AutoNation
AN
$7.7B
| $7.28M | 0.01% |
137,595
-411,531
| -75% | -$21.4M |
|
1350
Varonis Systems
VRNS
$4.67B
| $7.28M | 0.01% |
189,090
-55,752
| -23% | -$2.08M |
|
Similar funds
D.E. Shaw & Co's Q3 2020 Portfolio in Review
As of Q3 2020, D.E. Shaw & Co held 4,373 positions worth $97.7B, up 16% from $83.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q3 2020 filing shows 420 new, 1,314 increased, 1,591 reduced and 597 closed positions. Its largest new stake was iShares Gold Trust: 6,019,847 shares worth $217M. The largest sale was Apple, an estimated $1.13B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q3 2020 buy was iShares Gold Trust: 6,019,847 shares worth $217M.
- D.E. Shaw & Co added most to Walt Disney in Q3 2020, an estimated $642M increase.
- D.E. Shaw & Co's biggest Q3 2020 reduction was Apple, cutting an estimated $1.13B.
- D.E. Shaw & Co fully exited American Airlines Group in Q3 2020, selling an estimated $106M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $97.7B portfolio in Q3 2020.
- D.E. Shaw & Co opened 420 new positions and closed 597 in Q3 2020.
- D.E. Shaw & Co's portfolio value rose 16% quarter-over-quarter to $97.7B.
Based on D.E. Shaw & Co's 13F filing for Q3 2020, filed 16 Nov 2020.