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 | |
|---|---|---|---|---|---|---|
1951
CALL
Vail Resorts
MTN
$5.65B
| $3.93M | ﹤0.01% |
+14,100
| New | +$3.64M |
|
1952
Sarepta Therapeutics
SRPT
$1.65B
| $3.93M | ﹤0.01% |
23,060
+13,608
| +144% | +$2.02M |
|
1953
CALL
PennyMac Financial
PFSI
$4.47B
| $3.92M | ﹤0.01% |
59,700
+34,600
| +138% | +$2.06M |
|
1954
CALL
Interactive Brokers
IBKR
$39B
| $3.9M | ﹤0.01% |
256,400
| – | – |
|
|
K
1955
DELISTED
Kellanova
K
| $3.9M | ﹤0.01% |
66,689
+59,120
| +781% | +$3.55M |
|
1956
Keros Therapeutics
KROS
$199M
| $3.89M | ﹤0.01% |
+55,202
| New | +$3.48M |
|
1957
PUT
Zillow
ZG
$7.88B
| $3.89M | ﹤0.01% |
28,600
+18,600
| +186% | +$2.1M |
|
1958
CALL
Bloomin' Brands
BLMN
$751M
| $3.88M | ﹤0.01% |
200,000
| – | – |
|
1959
Scholastic
SCHL
$771M
| $3.87M | ﹤0.01% |
154,896
+15,513
| +11% | +$357K |
|
1960
PUT
Chemours
CC
$2.5B
| $3.87M | ﹤0.01% |
156,200
-50,000
| -24% | -$1.19M |
|
1961
Monarch Casino & Resort
MCRI
$2.19B
| $3.87M | ﹤0.01% |
63,151
+18
| +0% | +$906 |
|
|
SPPI
1962
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.86M | ﹤0.01% |
1,131,840
+191,056
| +20% | +$786K |
|
1963
Choice Hotels
CHH
$5.23B
| $3.85M | ﹤0.01% |
36,100
+865
| +2% | +$84.1K |
|
|
NPKI
1964
NPK International
NPKI
$1.05B
| $3.85M | ﹤0.01% |
2,005,996
+1,497,668
| +295% | +$2.01M |
|
1965
PUT
AvalonBay Communities
AVB
$27.5B
| $3.85M | ﹤0.01% |
24,000
+4,000
| +20% | +$636K |
|
1966
CALL
Digital Realty Trust
DLR
$69.9B
| $3.85M | ﹤0.01% |
27,600
+1,600
| +6% | +$229K |
|
1967
Mitsubishi UFJ Financial
MUFG
$250B
| $3.85M | ﹤0.01% |
868,379
-29,065
| -3% | -$123K |
|
1968
Paycom
PAYC
$7.99B
| $3.85M | ﹤0.01% |
8,504
-4,581
| -35% | -$1.83M |
|
1969
CALL
Royal Gold
RGLD
$16.6B
| $3.83M | ﹤0.01% |
36,000
+8,800
| +32% | +$1.02M |
|
1970
Charles River Laboratories
CRL
$11.4B
| $3.82M | ﹤0.01% |
15,306
-7,309
| -32% | -$1.74M |
|
1971
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $3.81M | ﹤0.01% |
111,850
-45,500
| -29% | -$1.44M |
|
|
LPRO
1972
Open Lending Corp
LPRO
$373M
| $3.81M | ﹤0.01% |
+108,967
| New | +$3.17M |
|
1973
American Superconductor
AMSC
$1.29B
| $3.8M | ﹤0.01% |
162,200
+107,865
| +199% | +$1.91M |
|
1974
Gerdau
GGB
$9.56B
| $3.79M | ﹤0.01% |
1,023,285
+1,010,670
| +8,012% | +$3.37M |
|
|
ALLK
1975
DELISTED
Allakos
ALLK
| $3.79M | ﹤0.01% |
+27,086
| New | +$2.82M |
|
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.