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 |
ExxonMobil
XOM
|
+$454M |
| 2 |
Apple
AAPL
|
+$364M |
| 3 |
Procter & Gamble
PG
|
+$314M |
| 4 |
Verizon
VZ
|
+$308M |
| 5 |
Pfizer
PFE
|
+$299M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$735M |
| 2 |
Emerson Electric
EMR
|
+$423M |
| 3 |
Biogen
BIIB
|
+$354M |
| 4 |
PayPal
PYPL
|
+$349M |
| 5 |
Amazon
AMZN
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.77% |
| 2 | Healthcare | 11.58% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 7.64% |
| 5 | Communication Services | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
CALL
AppFolio
APPF
$5.98B
| $2.22M | ﹤0.01% |
20,000
| – | – |
|
2002
Carter's
CRI
$1.43B
| $2.22M | ﹤0.01% |
+33,709
| New | +$3.24M |
|
|
ETFC
2003
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $2.21M | ﹤0.01% |
64,500
-16,300
| -20% | -$689K |
|
2004
CALL
Nexstar Media Group
NXST
$5.67B
| $2.21M | ﹤0.01% |
38,300
+700
| +2% | +$74K |
|
2005
Graham Holdings Company
GHC
$5.08B
| $2.2M | ﹤0.01% |
6,461
+4,540
| +236% | +$2.31M |
|
|
WUBA
2006
DELISTED
58.com Inc
WUBA
| $2.2M | ﹤0.01% |
45,190
+23,655
| +110% | +$1.36M |
|
2007
Telus
TU
$16.2B
| $2.2M | ﹤0.01% |
139,100
-346,884
| -71% | -$6.42M |
|
2008
CALL
Canadian Pacific Kansas City
CP
$81.1B
| $2.2M | ﹤0.01% |
+50,000
| New | +$2.46M |
|
2009
Upwork
UPWK
$1.14B
| $2.2M | ﹤0.01% |
340,510
+202,320
| +146% | +$1.74M |
|
|
AAMI
2010
Acadian Asset Management
AAMI
$2.95B
| $2.19M | ﹤0.01% |
343,547
-251,742
| -42% | -$2.17M |
|
2011
Packaging Corp of America
PKG
$22.5B
| $2.19M | ﹤0.01% |
+25,242
| New | +$2.45M |
|
2012
CNO Financial Group
CNO
$4.96B
| $2.19M | ﹤0.01% |
176,631
-337,574
| -66% | -$5.53M |
|
2013
FirstCash
FCFS
$9.06B
| $2.19M | ﹤0.01% |
30,467
-83,765
| -73% | -$6.78M |
|
2014
PUT
Yum! Brands
YUM
$40.7B
| $2.19M | ﹤0.01% |
31,900
+6,500
| +26% | +$606K |
|
|
SUM
2015
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $2.18M | ﹤0.01% |
148,087
-155,132
| -51% | -$3.01M |
|
|
WUBA
2016
CALL
DELISTED
58.com Inc
WUBA
| $2.18M | ﹤0.01% |
44,800
+22,500
| +101% | +$1.29M |
|
|
BRFS
2017
DELISTED
BRF SA
BRFS
| $2.18M | ﹤0.01% |
+752,580
| New | +$4.74M |
|
2018
PUT
InterDigital
IDCC
$6.7B
| $2.18M | ﹤0.01% |
48,900
+34,400
| +237% | +$1.81M |
|
2019
Parsons
PSN
$6.36B
| $2.18M | ﹤0.01% |
68,212
-13,560
| -17% | -$527K |
|
2020
Novavax
NVAX
$1.23B
| $2.18M | ﹤0.01% |
160,477
-34,916
| -18% | -$295K |
|
2021
Dominion Energy
D
$61.8B
| $2.17M | ﹤0.01% |
30,116
+9,492
| +46% | +$775K |
|
2022
PUT
Winnebago Industries
WGO
$879M
| $2.17M | ﹤0.01% |
+78,000
| New | +$3.77M |
|
2023
MongoDB
MDB
$24.9B
| $2.17M | ﹤0.01% |
15,875
-25,973
| -62% | -$3.84M |
|
2024
CALL
New Oriental
EDU
$7.94B
| $2.17M | ﹤0.01% |
+20,000
| New | +$2.57M |
|
|
UFS
2025
PUT
DELISTED
DOMTAR CORPORATION (New)
UFS
| $2.16M | ﹤0.01% |
100,000
| – | – |
|
Similar funds
D.E. Shaw & Co's Q1 2020 Portfolio in Review
As of Q1 2020, D.E. Shaw & Co held 4,498 positions worth $64.1B, down 27% from $87.5B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co withdrew a net $5.59B in Q1 2020, closing 626 positions and reducing 1,723 holdings. Its most notable exit was PG&E, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $124M.
- D.E. Shaw & Co's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,005,000 shares worth $124M.
- D.E. Shaw & Co added most to ExxonMobil in Q1 2020, an estimated $454M increase.
- D.E. Shaw & Co's biggest Q1 2020 reduction was Tesla, cutting an estimated $735M.
- D.E. Shaw & Co fully exited PG&E in Q1 2020, selling an estimated $79M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $64.1B portfolio in Q1 2020.
- D.E. Shaw & Co opened 538 new positions and closed 626 in Q1 2020.
- D.E. Shaw & Co's portfolio value fell 27% quarter-over-quarter to $64.1B.
Based on D.E. Shaw & Co's 13F filing for Q1 2020, filed 15 May 2020.