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 |
ATVI
Activision Blizzard
ATVI
|
+$757M |
| 2 |
Alibaba
BABA
|
+$544M |
| 3 |
Booking.com
BKNG
|
+$475M |
| 4 |
XLNX
Xilinx Inc
XLNX
|
+$377M |
| 5 |
Caterpillar
CAT
|
+$285M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
Amazon
AMZN
|
+$486M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$443M |
| 4 |
Salesforce
CRM
|
+$363M |
| 5 |
Qualcomm
QCOM
|
+$352M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.27% |
| 2 | Consumer Discretionary | 9.91% |
| 3 | Healthcare | 7.11% |
| 4 | Financials | 6.94% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Suncor Energy
SU
$77.7B
| $158M | 0.14% |
7,607,007
-3,636,034
| -32% | -$72.7M |
|
127
Medtronic
MDT
$107B
| $157M | 0.14% |
1,252,848
-1,919,550
| -61% | -$248M |
|
128
Dominion Energy
D
$62.5B
| $157M | 0.14% |
2,144,268
-1,723,337
| -45% | -$131M |
|
129
Chevron
CVX
$388B
| $155M | 0.14% |
1,524,270
+406,167
| +36% | +$40.5M |
|
130
CALL
Charter Communications
CHTR
$14.7B
| $154M | 0.14% |
212,000
+26,100
| +14% | +$19.8M |
|
131
Datadog
DDOG
$87.9B
| $154M | 0.14% |
+1,087,728
| New | +$137M |
|
132
Signet Jewelers
SIG
$3.55B
| $152M | 0.14% |
1,920,322
-368,343
| -16% | -$27.1M |
|
133
Northrop Grumman
NOC
$77B
| $151M | 0.14% |
418,935
-119,151
| -22% | -$43.1M |
|
134
PUT
Teladoc Health
TDOC
$1.58B
| $149M | 0.13% |
1,172,000
+310,000
| +36% | +$45.1M |
|
135
PUT
AT&T
T
$165B
| $148M | 0.13% |
7,264,126
+1,544,446
| +27% | +$32.4M |
|
136
PUT
Intel
INTC
$466B
| $148M | 0.13% |
2,778,800
-328,100
| -11% | -$17.8M |
|
137
CALL
Berkshire Hathaway Class B
BRK.B
$1.07T
| $147M | 0.13% |
537,400
+74,500
| +16% | +$20.9M |
|
138
SLB Ltd
SLB
$77.8B
| $146M | 0.13% |
4,942,570
+59,726
| +1% | +$1.71M |
|
139
Bath & Body Works
BBWI
$4.01B
| $146M | 0.13% |
2,317,571
-1,079,475
| -32% | -$68.6M |
|
140
Mercado Libre
MELI
$91.3B
| $146M | 0.13% |
86,814
+44,881
| +107% | +$77.7M |
|
141
Blackstone
BX
$104B
| $144M | 0.13% |
1,238,772
+697,380
| +129% | +$80.9M |
|
|
MRO
142
DELISTED
Marathon Oil Corporation
MRO
| $144M | 0.13% |
10,539,862
+1,231,679
| +13% | +$14.8M |
|
143
Cognizant
CTSH
$21.5B
| $143M | 0.13% |
1,931,857
-2,843,051
| -60% | -$210M |
|
|
X
144
DELISTED
US Steel
X
| $143M | 0.13% |
6,512,456
-2,446,745
| -27% | -$61.2M |
|
145
Hilton Worldwide
HLT
$74B
| $141M | 0.13% |
+1,067,298
| New | +$135M |
|
146
PUT
Advanced Micro Devices
AMD
$851B
| $141M | 0.13% |
1,366,500
-570,500
| -29% | -$58.3M |
|
147
Phillips 66
PSX
$82.9B
| $139M | 0.13% |
1,981,811
+888,082
| +81% | +$64.3M |
|
|
148
CALL
Intel
INTC
$466B
| $139M | 0.13% |
2,604,200
+1,287,000
| +98% | +$69.8M |
|
149
Carrier Global
CARR
$57.2B
| $138M | 0.12% |
2,673,537
+405,720
| +18% | +$21.8M |
|
150
PUT
PayPal
PYPL
$49.5B
| $138M | 0.12% |
530,300
+36,500
| +7% | +$10.4M |
|
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D.E. Shaw & Co's Q3 2021 Portfolio in Review
As of Q3 2021, D.E. Shaw & Co held 5,618 positions worth $111B, down 4.4% from $116B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
D.E. Shaw & Co withdrew a net $8.92B in Q3 2021, closing 695 positions and reducing 1,634 holdings. Its most notable exit was Alexion Pharmaceuticals, an estimated $228M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, D.E. Shaw & Co opened a new position in Sea Limited worth $206M.
- D.E. Shaw & Co's largest Q3 2021 buy was Sea Limited: 645,697 shares worth $206M.
- D.E. Shaw & Co added most to Activision Blizzard in Q3 2021, an estimated $757M increase.
- D.E. Shaw & Co's biggest Q3 2021 reduction was Apple, cutting an estimated $1.07B.
- D.E. Shaw & Co fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $228M.
- D.E. Shaw & Co's ten largest holdings make up 9.2% of its $111B portfolio in Q3 2021.
- D.E. Shaw & Co opened 915 new positions and closed 695 in Q3 2021.
- D.E. Shaw & Co's portfolio value fell 4.4% quarter-over-quarter to $111B.
Based on D.E. Shaw & Co's 13F filing for Q3 2021, filed 15 Nov 2021.