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 | |
|---|---|---|---|---|---|---|
1526
PUT
Cigna
CI
$78.4B
| $5.4M | 0.01% |
31,900
+18,700
| +142% | +$3.29M |
|
1527
PUT
Northrop Grumman
NOC
$76B
| $5.39M | 0.01% |
17,100
+6,700
| +64% | +$2.18M |
|
|
CHNG
1528
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $5.39M | 0.01% |
371,800
+315,521
| +561% | +$4.01M |
|
1529
Radware
RDWR
$983M
| $5.39M | 0.01% |
222,520
-44,848
| -17% | -$1.13M |
|
1530
Atmos Energy
ATO
$29.7B
| $5.39M | 0.01% |
56,418
+49,843
| +758% | +$4.98M |
|
1531
Dentsply Sirona
XRAY
$2.84B
| $5.36M | 0.01% |
122,499
-229,065
| -65% | -$10.1M |
|
1532
CALL
Teradyne
TER
$50B
| $5.36M | 0.01% |
67,400
| – | – |
|
1533
PUT
Chewy
CHWY
$9.54B
| $5.35M | 0.01% |
+97,500
| New | +$5.26M |
|
1534
CALL
Monster Beverage
MNST
$95.1B
| $5.33M | 0.01% |
133,000
+64,200
| +93% | +$2.54M |
|
1535
Southwest Gas
SWX
$6.64B
| $5.32M | 0.01% |
+84,336
| New | +$5.64M |
|
|
NP
1536
DELISTED
Neenah, Inc. Common Stock
NP
| $5.31M | 0.01% |
141,656
+103,160
| +268% | +$4.64M |
|
1537
PUT
Cboe Global Markets
CBOE
$32.2B
| $5.31M | 0.01% |
+60,400
| New | +$5.43M |
|
1538
World Kinect Corp
WKC
$2.07B
| $5.3M | 0.01% |
250,328
-67,715
| -21% | -$1.66M |
|
1539
PUT
StoneCo
STNE
$2.67B
| $5.29M | 0.01% |
100,000
+20,000
| +25% | +$955K |
|
1540
International Bancshares
IBOC
$4.77B
| $5.29M | 0.01% |
202,852
-45,553
| -18% | -$1.39M |
|
|
TRTX
1541
TPG RE Finance Trust
TRTX
$635M
| $5.29M | 0.01% |
624,816
-33,038
| -5% | -$283K |
|
1542
Strategy Inc
MSTR
$34.1B
| $5.28M | 0.01% |
350,470
-81,460
| -19% | -$1.1M |
|
1543
Newell Brands
NWL
$2.21B
| $5.27M | 0.01% |
307,269
-77,829
| -20% | -$1.3M |
|
1544
CALL
Protolabs
PRLB
$1.7B
| $5.27M | 0.01% |
40,700
| – | – |
|
1545
CALL
Wheaton Precious Metals
WPM
$49.7B
| $5.26M | 0.01% |
+107,200
| New | +$5.46M |
|
1546
CALL
Stellantis
STLA
$17.4B
| $5.25M | 0.01% |
430,000
+150,000
| +54% | +$1.67M |
|
1547
PUT
Boston Properties
BXP
$11.6B
| $5.25M | 0.01% |
65,400
+1,200
| +2% | +$105K |
|
1548
Vanda Pharmaceuticals
VNDA
$304M
| $5.24M | 0.01% |
542,541
-183,363
| -25% | -$1.96M |
|
1549
Advanced Energy
AEIS
$10.1B
| $5.23M | 0.01% |
83,134
-31,275
| -27% | -$2.18M |
|
1550
CALL
Motorola Solutions
MSI
$72.1B
| $5.22M | 0.01% |
33,300
| – | – |
|
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.