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 | |
|---|---|---|---|---|---|---|
2376
PUT
Danaher
DHR
$140B
| $2.22M | ﹤0.01% |
11,280
-1,692
| -13% | -$339K |
|
2377
CALL
New York Times
NYT
$12.2B
| $2.22M | ﹤0.01% |
42,900
| – | – |
|
2378
CALL
Waste Management
WM
$96.1B
| $2.22M | ﹤0.01% |
18,800
| – | – |
|
|
ALLK
2379
CALL
DELISTED
Allakos
ALLK
| $2.21M | ﹤0.01% |
15,800
-10,000
| -39% | -$1.04M |
|
|
GRA
2380
PUT
DELISTED
W.R. Grace & Co.
GRA
| $2.2M | ﹤0.01% |
40,200
| – | – |
|
2381
CALL
Ionis Pharmaceuticals
IONS
$8.98B
| $2.2M | ﹤0.01% |
38,900
| – | – |
|
2382
PUT
Nucor
NUE
$59.8B
| $2.2M | ﹤0.01% |
41,300
| – | – |
|
2383
Ezcorp Inc
EZPW
$1.83B
| $2.19M | ﹤0.01% |
457,970
+380,870
| +494% | +$1.91M |
|
2384
PUT
EQT Corp
EQT
$32.2B
| $2.19M | ﹤0.01% |
171,900
| – | – |
|
2385
Otter Tail
OTTR
$3.93B
| $2.18M | ﹤0.01% |
51,216
-11,994
| -19% | -$489K |
|
2386
PUT
Revolve Group
RVLV
$1.91B
| $2.18M | ﹤0.01% |
70,000
-80,000
| -53% | -$1.78M |
|
|
IPOD
2387
DELISTED
Social Capital Hedosophia Holdings Corp. IV
IPOD
| $2.18M | ﹤0.01% |
+159,319
| New | +$1.98M |
|
2388
Arbor Realty Trust
ABR
$979M
| $2.18M | ﹤0.01% |
153,719
+13,190
| +9% | +$171K |
|
2389
APi Group
APG
$16.9B
| $2.18M | ﹤0.01% |
+180,167
| New | +$1.91M |
|
|
CBIO
2390
Crescent Biopharma
CBIO
$610M
| $2.17M | ﹤0.01% |
5,776
+1,719
| +42% | +$602K |
|
|
SCTL
2391
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $2.17M | ﹤0.01% |
761,064
-63,902
| -8% | -$144K |
|
|
SPWR
2392
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $2.16M | ﹤0.01% |
+84,100
| New | +$1.7M |
|
|
HIBB
2393
PUT
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.15M | ﹤0.01% |
46,600
+29,100
| +166% | +$1.3M |
|
2394
Citi Trends
CTRN
$563M
| $2.15M | ﹤0.01% |
43,292
-34,352
| -44% | -$1.17M |
|
2395
BlackRock TCP Capital
TCPC
$273M
| $2.15M | ﹤0.01% |
191,411
-88,846
| -32% | -$963K |
|
2396
Old Republic International
ORI
$10.7B
| $2.15M | ﹤0.01% |
109,057
-1,067,554
| -91% | -$18.7M |
|
|
NVMI
2397
Nova
NVMI
$12.9B
| $2.15M | ﹤0.01% |
30,438
+8,025
| +36% | +$500K |
|
2398
Sutro Biopharma
STRO
$387M
| $2.14M | ﹤0.01% |
+9,863
| New | +$1.63M |
|
2399
IMAX
IMAX
$2.56B
| $2.13M | ﹤0.01% |
118,278
-48,393
| -29% | -$667K |
|
|
AVYA
2400
CALL
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $2.13M | ﹤0.01% |
111,100
| – | – |
|
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.