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 | |
|---|---|---|---|---|---|---|
1976
IPG Photonics
IPGP
$3.57B
| $4.9M | ﹤0.01% |
+30,957
| New | +$5.69M |
|
|
ISAA
1977
DELISTED
Iron Spark I Inc. Class A Common Stock
ISAA
| $4.89M | ﹤0.01% |
488,983
+140,247
| +40% | +$1.39M |
|
1978
PUT
KE Holdings
BEKE
$17.7B
| $4.88M | ﹤0.01% |
267,100
+187,100
| +234% | +$4.56M |
|
|
NEWR
1979
DELISTED
New Relic, Inc.
NEWR
| $4.86M | ﹤0.01% |
67,741
-68,775
| -50% | -$5.08M |
|
|
HOLX
1980
DELISTED
Hologic
HOLX
| $4.86M | ﹤0.01% |
65,825
-327,114
| -83% | -$24.5M |
|
1981
C3.ai
AI
$1.38B
| $4.85M | ﹤0.01% |
104,594
-123,674
| -54% | -$6.29M |
|
1982
Acadia Realty Trust
AKR
$2.96B
| $4.84M | ﹤0.01% |
237,240
-52,310
| -18% | -$1.1M |
|
1983
DHI Group
DHX
$178M
| $4.84M | ﹤0.01% |
1,015,961
-137,603
| -12% | -$540K |
|
|
SPKB
1984
DELISTED
Silver Spike Acquisition Corp II Class A Ordinary Shares
SPKB
| $4.83M | ﹤0.01% |
493,287
+326,621
| +196% | +$3.18M |
|
|
VMW
1985
CALL
DELISTED
VMware, Inc
VMW
| $4.83M | ﹤0.01% |
32,500
| – | – |
|
1986
PUT
Lincoln National
LNC
$8.19B
| $4.81M | ﹤0.01% |
70,000
-30,000
| -30% | -$1.96M |
|
|
HSII
1987
DELISTED
Heidrick & Struggles
HSII
| $4.81M | ﹤0.01% |
107,770
-3,062
| -3% | -$129K |
|
1988
Kulicke & Soffa
KLIC
$4.76B
| $4.8M | ﹤0.01% |
82,428
-122,882
| -60% | -$7.65M |
|
|
AGCB
1989
DELISTED
Altimeter Growth Corp 2
AGCB
| $4.8M | ﹤0.01% |
485,524
+444,702
| +1,089% | +$4.43M |
|
|
IPG
1990
DELISTED
Interpublic Group of Companies
IPG
| $4.79M | ﹤0.01% |
130,742
+97,943
| +299% | +$3.51M |
|
|
SLAC
1991
DELISTED
Social Leverage Acquisition Corp I Class A Common Stock
SLAC
| $4.79M | ﹤0.01% |
489,549
+415,593
| +562% | +$4.03M |
|
1992
CALL
InMode
INMD
$889M
| $4.78M | ﹤0.01% |
+60,000
| New | +$3.66M |
|
|
SEAH
1993
DELISTED
Sports Entertainment Acquisition Corp.
SEAH
| $4.78M | ﹤0.01% |
477,135
+226,500
| +90% | +$2.26M |
|
1994
CALL
Apollo Global Management
APO
$71.9B
| $4.77M | ﹤0.01% |
77,500
+42,600
| +122% | +$2.56M |
|
1995
Generac Holdings
GNRC
$11.5B
| $4.77M | ﹤0.01% |
11,681
+11,156
| +2,125% | +$4.78M |
|
1996
Allegro MicroSystems
ALGM
$8.29B
| $4.77M | ﹤0.01% |
149,253
+114,986
| +336% | +$3.39M |
|
|
VERV
1997
DELISTED
Verve Therapeutics
VERV
| $4.77M | ﹤0.01% |
101,466
+43,647
| +75% | +$2.57M |
|
|
PXD
1998
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $4.76M | ﹤0.01% |
28,600
-1,400
| -5% | -$212K |
|
1999
KT
KT
$8.95B
| $4.75M | ﹤0.01% |
349,135
-83,821
| -19% | -$1.19M |
|
2000
CALL
KKR & Co
KKR
$92.2B
| $4.74M | ﹤0.01% |
+77,900
| New | +$4.89M |
|
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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.