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 | |
|---|---|---|---|---|---|---|
1576
Allegiant Air
ALGT
$2.66B
| $7.77M | 0.01% |
39,736
-5,054
| -11% | -$970K |
|
|
IIAC
1577
DELISTED
Investindustrial Acquisition Corp.
IIAC
| $7.75M | 0.01% |
780,142
-26,132
| -3% | -$259K |
|
1578
Modine Manufacturing
MOD
$12.2B
| $7.73M | 0.01% |
682,332
+166,465
| +32% | +$2.32M |
|
|
ROIC
1579
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $7.71M | 0.01% |
442,656
-178,665
| -29% | -$3.14M |
|
|
GIA.U
1580
DELISTED
GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant
GIA.U
| $7.71M | 0.01% |
+750,000
| New | +$7.66M |
|
1581
CALL
Texas Instruments
TXN
$255B
| $7.69M | 0.01% |
40,000
-42,700
| -52% | -$8.14M |
|
1582
Leggett & Platt
LEG
$1.5B
| $7.69M | 0.01% |
171,432
-28,026
| -14% | -$1.35M |
|
|
CIXX
1583
DELISTED
CI Financial Corp.
CIXX
| $7.69M | 0.01% |
379,139
-508,700
| -57% | -$9.77M |
|
1584
PUT
Rio Tinto
RIO
$150B
| $7.68M | 0.01% |
114,900
+68,000
| +145% | +$5.31M |
|
|
ASAQ
1585
DELISTED
Atlantic Avenue Acquisition Corp
ASAQ
| $7.68M | 0.01% |
783,482
+486,717
| +164% | +$4.74M |
|
1586
Carpenter Technology
CRS
$28.8B
| $7.67M | 0.01% |
234,384
+10,821
| +5% | +$383K |
|
1587
Visteon
VC
$2.82B
| $7.67M | 0.01% |
81,238
+2,801
| +4% | +$302K |
|
1588
CXApp
CXAI
$12.1M
| $7.66M | 0.01% |
770,145
+553,918
| +256% | +$5.48M |
|
1589
Yext
YEXT
$554M
| $7.63M | 0.01% |
634,543
-394,208
| -38% | -$5.08M |
|
|
INFI
1590
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $7.62M | 0.01% |
2,227,534
+2,119,509
| +1,962% | +$6.53M |
|
1591
PUT
BlackBerry
BB
$4.93B
| $7.6M | 0.01% |
781,000
+82,700
| +12% | +$867K |
|
1592
CALL
AerCap
AER
$23.9B
| $7.6M | 0.01% |
131,400
+13,900
| +12% | +$745K |
|
|
JWSM
1593
DELISTED
Jaws Mustang Acquisition Corp.
JWSM
| $7.59M | 0.01% |
778,012
+578,012
| +289% | +$5.63M |
|
1594
Opko Health
OPK
$936M
| $7.58M | 0.01% |
2,077,854
-478,728
| -19% | -$1.78M |
|
1595
Anika Therapeutics
ANIK
$200M
| $7.57M | 0.01% |
177,882
-14,934
| -8% | -$615K |
|
1596
PPG Industries
PPG
$26.4B
| $7.57M | 0.01% |
52,930
+14,752
| +39% | +$2.37M |
|
1597
L3Harris
LHX
$56.5B
| $7.57M | 0.01% |
34,356
-149,166
| -81% | -$33.9M |
|
|
INOV
1598
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.56M | 0.01% |
187,734
+64,964
| +53% | +$2.46M |
|
1599
Zebra Technologies
ZBRA
$12.6B
| $7.56M | 0.01% |
14,659
+8,620
| +143% | +$4.8M |
|
|
Y
1600
CALL
DELISTED
Alleghany Corp
Y
| $7.55M | 0.01% |
12,100
-6,000
| -33% | -$3.96M |
|
Similar funds
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.