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 | |
|---|---|---|---|---|---|---|
2151
United Parcel Service
UPS
$89.7B
| $3.02M | ﹤0.01% |
17,947
-93,238
| -84% | -$15.7M |
|
2152
PUT
Illinois Tool Works
ITW
$84.9B
| $3.02M | ﹤0.01% |
14,800
| – | – |
|
2153
PUT
Banco Macro
BMA
$5.81B
| $3.02M | ﹤0.01% |
193,700
+173,700
| +869% | +$2.58M |
|
2154
CALL
Group 1 Automotive
GPI
$4.17B
| $3.02M | ﹤0.01% |
23,000
-900
| -4% | -$108K |
|
2155
CALL
Fair Isaac
FICO
$31B
| $3.02M | ﹤0.01% |
+5,900
| New | +$2.74M |
|
2156
PUT
Levi Strauss
LEVI
$9.8B
| $3.01M | ﹤0.01% |
150,000
| – | – |
|
2157
CALL
Xerox
XRX
$360M
| $3M | ﹤0.01% |
129,500
+28,200
| +28% | +$597K |
|
2158
Gray Television
GTN
$430M
| $3M | ﹤0.01% |
167,699
+137,236
| +451% | +$2.18M |
|
2159
PUT
Teradyne
TER
$50.2B
| $3M | ﹤0.01% |
25,000
| – | – |
|
2160
Brookfield
BN
$104B
| $3M | ﹤0.01% |
135,465
-487,629
| -78% | -$9.76M |
|
2161
Unum
UNM
$14B
| $2.99M | ﹤0.01% |
130,504
-430,042
| -77% | -$8.89M |
|
2162
Hyatt Hotels
H
$17.8B
| $2.99M | ﹤0.01% |
40,260
-3,768
| -9% | -$246K |
|
2163
PUT
Vornado Realty Trust
VNO
$7.54B
| $2.99M | ﹤0.01% |
+80,000
| New | +$2.92M |
|
2164
NorthWestern Energy
NWE
$4.45B
| $2.98M | ﹤0.01% |
51,196
-54,978
| -52% | -$3.06M |
|
|
2165
CALL
Teradyne
TER
$50.2B
| $2.98M | ﹤0.01% |
24,900
-42,500
| -63% | -$4.34M |
|
2166
Valero Energy
VLO
$88.7B
| $2.98M | ﹤0.01% |
52,717
-7,512
| -12% | -$369K |
|
|
CMO
2167
DELISTED
Capstead Mortgage Corp.
CMO
| $2.98M | ﹤0.01% |
512,528
+285,052
| +125% | +$1.63M |
|
2168
CALL
McKesson
MCK
$104B
| $2.97M | ﹤0.01% |
17,100
-9,300
| -35% | -$1.55M |
|
2169
Tandem Diabetes Care
TNDM
$1.22B
| $2.97M | ﹤0.01% |
31,078
-10,058
| -24% | -$1.04M |
|
2170
CALL
Halliburton
HAL
$26.1B
| $2.97M | ﹤0.01% |
157,200
-192,500
| -55% | -$2.99M |
|
2171
Centene
CNC
$31.6B
| $2.97M | ﹤0.01% |
49,397
+4,702
| +11% | +$299K |
|
2172
Mercury Insurance
MCY
$6.07B
| $2.97M | ﹤0.01% |
56,816
-2,882
| -5% | -$129K |
|
2173
Seaboard Corp
SEB
$4.36B
| $2.95M | ﹤0.01% |
972
-22
| -2% | -$71.7K |
|
|
CIR
2174
DELISTED
CIRCOR International, Inc
CIR
| $2.94M | ﹤0.01% |
76,622
+22,676
| +42% | +$750K |
|
2175
PJT Partners
PJT
$4.47B
| $2.94M | ﹤0.01% |
+39,132
| New | +$2.76M |
|
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.