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 | |
|---|---|---|---|---|---|---|
176
PUT
NIO
NIO
$11.3B
| $119M | 0.11% |
3,332,200
-1,411,800
| -30% | -$58M |
|
177
Workday
WDAY
$33.4B
| $118M | 0.11% |
471,372
+396,818
| +532% | +$98.3M |
|
178
Adobe
ADBE
$89.5B
| $118M | 0.11% |
204,550
-218,583
| -52% | -$138M |
|
179
TSMC
TSM
$2.09T
| $118M | 0.11% |
1,053,869
+324,900
| +45% | +$38.1M |
|
180
Global Payments
GPN
$22.1B
| $116M | 0.1% |
737,995
-456,467
| -38% | -$79.3M |
|
181
Otis Worldwide
OTIS
$27.4B
| $116M | 0.1% |
1,411,775
-305,669
| -18% | -$26.9M |
|
182
PUT
Pinduoduo
PDD
$118B
| $115M | 0.1% |
1,270,600
+480,400
| +61% | +$46.7M |
|
|
BBL
183
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $115M | 0.1% |
2,271,074
+40,573
| +2% | +$2.44M |
|
184
VICI Properties
VICI
$29.4B
| $115M | 0.1% |
4,050,110
+431,769
| +12% | +$13.2M |
|
|
185
Salesforce
CRM
$134B
| $115M | 0.1% |
423,322
-1,427,467
| -77% | -$363M |
|
186
PUT
Pinterest
PINS
$12.4B
| $114M | 0.1% |
2,236,800
+518,100
| +30% | +$31.8M |
|
187
Vipshop
VIPS
$6.84B
| $114M | 0.1% |
10,229,272
+5,813,853
| +132% | +$91.4M |
|
188
FirstEnergy
FE
$28.9B
| $114M | 0.1% |
3,187,755
-448,294
| -12% | -$17M |
|
189
CALL
AutoZone
AZO
$48.3B
| $113M | 0.1% |
66,600
+3,000
| +5% | +$4.81M |
|
190
Estee Lauder
EL
$29B
| $113M | 0.1% |
376,409
+273,170
| +265% | +$89.2M |
|
191
Steel Dynamics
STLD
$35.6B
| $113M | 0.1% |
1,925,010
-418,645
| -18% | -$26.8M |
|
192
Cboe Global Markets
CBOE
$29.8B
| $112M | 0.1% |
902,046
-236,118
| -21% | -$28.8M |
|
193
PUT
Bank of America
BAC
$435B
| $111M | 0.1% |
2,620,200
-368,900
| -12% | -$14.9M |
|
194
Hartford Financial Services
HIG
$38.5B
| $111M | 0.1% |
1,581,672
-1,432,483
| -48% | -$94.7M |
|
195
CALL
Citigroup
C
$222B
| $110M | 0.1% |
1,567,000
+163,300
| +12% | +$11.4M |
|
196
Teradyne
TER
$54.8B
| $109M | 0.1% |
998,537
+181,951
| +22% | +$22.1M |
|
197
PUT
Spotify
SPOT
$99.2B
| $109M | 0.1% |
482,700
+177,100
| +58% | +$41.7M |
|
198
CALL
Sea Limited
SE
$61.2B
| $108M | 0.1% |
340,200
-179,400
| -35% | -$55M |
|
199
BILL Holdings
BILL
$4.33B
| $107M | 0.1% |
400,583
+136,639
| +52% | +$31.5M |
|
200
DuPont de Nemours
DD
$18.6B
| $107M | 0.1% |
1,248,713
-31,644
| -2% | -$2.93M |
|
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.