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 | |
|---|---|---|---|---|---|---|
1701
UGI
UGI
$7.87B
| $5.42M | ﹤0.01% |
155,007
-317,461
| -67% | -$11.1M |
|
1702
Vanda Pharmaceuticals
VNDA
$304M
| $5.42M | ﹤0.01% |
412,459
-130,082
| -24% | -$1.57M |
|
|
UCB
1703
United Community Banks
UCB
$4.26B
| $5.4M | ﹤0.01% |
190,040
-93,010
| -33% | -$2.2M |
|
|
LHCG
1704
DELISTED
LHC Group LLC
LHCG
| $5.4M | ﹤0.01% |
+25,314
| New | +$5.39M |
|
1705
PUT
Trip.com Group
TCOM
$29B
| $5.4M | ﹤0.01% |
160,000
-106,600
| -40% | -$3.48M |
|
1706
PUT
Mohawk Industries
MHK
$6.91B
| $5.38M | ﹤0.01% |
38,200
| – | – |
|
|
HPP
1707
Hudson Pacific Properties
HPP
$758M
| $5.36M | ﹤0.01% |
+31,889
| New | +$5.26M |
|
|
NUVA
1708
DELISTED
NuVasive, Inc.
NUVA
| $5.36M | ﹤0.01% |
95,096
+41,138
| +76% | +$2.02M |
|
1709
Honda
HMC
$39.8B
| $5.35M | ﹤0.01% |
189,486
+162,348
| +598% | +$4.38M |
|
|
GRMN
1710
CALL
Garmin
GRMN
$56.9B
| $5.35M | ﹤0.01% |
44,700
+10,300
| +30% | +$1.14M |
|
|
SCS
1711
DELISTED
Steelcase
SCS
| $5.34M | ﹤0.01% |
393,872
-69,209
| -15% | -$848K |
|
1712
CALL
Cummins
CMI
$83.6B
| $5.31M | ﹤0.01% |
23,400
+200
| +0.9% | +$44.9K |
|
|
TGNA
1713
DELISTED
TEGNA Inc
TGNA
| $5.31M | ﹤0.01% |
380,335
+11,655
| +3% | +$156K |
|
|
SCHW
1714
CALL
Charles Schwab
SCHW
$182B
| $5.3M | ﹤0.01% |
100,000
+93,300
| +1,393% | +$4.22M |
|
|
ALEX
1715
DELISTED
Alexander & Baldwin
ALEX
| $5.3M | ﹤0.01% |
308,610
-269,244
| -47% | -$3.93M |
|
1716
Nomura Holdings
NMR
$28.3B
| $5.3M | ﹤0.01% |
994,203
-1,596
| -0.2% | -$7.89K |
|
1717
PUT
Broadcom
AVGO
$1.76T
| $5.3M | ﹤0.01% |
121,000
-618,000
| -84% | -$24.1M |
|
|
ACBI
1718
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.3M | ﹤0.01% |
332,765
+128
| +0% | +$1.86K |
|
1719
PUT
lululemon athletica
LULU
$13.5B
| $5.29M | ﹤0.01% |
15,200
-52,600
| -78% | -$18.3M |
|
|
CUB
1720
DELISTED
Cubic Corporation
CUB
| $5.29M | ﹤0.01% |
85,275
+595
| +0.7% | +$36.2K |
|
|
JBGS
1721
JBG SMITH
JBGS
$846M
| $5.29M | ﹤0.01% |
169,163
-36,312
| -18% | -$1.05M |
|
|
DFS
1722
CALL
DELISTED
Discover Financial Services
DFS
| $5.29M | ﹤0.01% |
58,400
-46,500
| -44% | -$3.47M |
|
1723
Boyd Gaming
BYD
$6.75B
| $5.28M | ﹤0.01% |
123,097
-252,360
| -67% | -$9.28M |
|
1724
PUT
Synchrony
SYF
$24.4B
| $5.27M | ﹤0.01% |
151,800
+117,000
| +336% | +$3.52M |
|
1725
CALL
Zebra Technologies
ZBRA
$13.5B
| $5.26M | ﹤0.01% |
13,700
+3,400
| +33% | +$1.14M |
|
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.