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 | |
|---|---|---|---|---|---|---|
1651
Universal Display
OLED
$3.75B
| $5.88M | 0.01% |
25,574
+16,873
| +194% | +$3.61M |
|
1652
Albemarle
ALB
$13.4B
| $5.87M | 0.01% |
39,795
-3,946
| -9% | -$468K |
|
1653
CALL
Hilton Worldwide
HLT
$72.4B
| $5.86M | 0.01% |
52,700
-42,100
| -44% | -$4.17M |
|
1654
PUT
PG&E
PCG
$39B
| $5.86M | 0.01% |
470,000
+453,900
| +2,819% | +$5.13M |
|
1655
CALL
Oneok
OKE
$56.7B
| $5.85M | 0.01% |
152,500
+56,200
| +58% | +$1.89M |
|
|
TWNK
1656
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $5.84M | 0.01% |
398,964
-46,633
| -10% | -$628K |
|
1657
PUT
Alnylam Pharmaceuticals
ALNY
$38.3B
| $5.82M | 0.01% |
44,800
| – | – |
|
1658
PUT
KB Home
KBH
$3.5B
| $5.8M | 0.01% |
173,100
+90,300
| +109% | +$3.24M |
|
|
MAXR
1659
PUT
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $5.8M | 0.01% |
150,300
| – | – |
|
|
ZEN
1660
CALL
DELISTED
ZENDESK INC
ZEN
| $5.8M | 0.01% |
40,500
+30,500
| +305% | +$3.78M |
|
1661
Simpson Manufacturing
SSD
$7.79B
| $5.77M | 0.01% |
61,759
+49,095
| +388% | +$4.56M |
|
1662
Teladoc Health
TDOC
$1.66B
| $5.76M | 0.01% |
+28,795
| New | +$5.86M |
|
1663
Blackrock
BLK
$167B
| $5.74M | 0.01% |
7,958
-9,083
| -53% | -$6.02M |
|
1664
Ubiquiti
UI
$31.6B
| $5.73M | 0.01% |
20,587
-1,755
| -8% | -$404K |
|
|
TPC
1665
Tutor Perini Cor
TPC
$4.03B
| $5.71M | 0.01% |
441,130
+214,031
| +94% | +$2.9M |
|
1666
CALL
Appian
APPN
$2.11B
| $5.71M | 0.01% |
+35,200
| New | +$3.94M |
|
1667
Flowers Foods
FLO
$1.58B
| $5.7M | 0.01% |
252,001
-33,780
| -12% | -$787K |
|
|
RDS.A
1668
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $5.7M | 0.01% |
162,200
-26,500
| -14% | -$827K |
|
|
TARO
1669
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $5.7M | 0.01% |
77,624
-4,386
| -5% | -$282K |
|
1670
Guardant Health
GH
$19.1B
| $5.69M | 0.01% |
44,153
+33,248
| +305% | +$3.83M |
|
1671
FNB Corp
FNB
$6.76B
| $5.69M | 0.01% |
598,628
-383,798
| -39% | -$3.25M |
|
1672
Magnachip Semiconductor
MX
$110M
| $5.67M | 0.01% |
419,593
+84,197
| +25% | +$1.16M |
|
1673
Radware
RDWR
$983M
| $5.67M | 0.01% |
204,344
-18,176
| -8% | -$454K |
|
1674
Bloomin' Brands
BLMN
$754M
| $5.67M | 0.01% |
+291,955
| New | +$4.98M |
|
1675
Employers Holdings
EIG
$907M
| $5.66M | 0.01% |
175,848
+66,820
| +61% | +$2.16M |
|
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.