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 | |
|---|---|---|---|---|---|---|
2401
CALL
Popular Inc
BPOP
$11B
| $3.26M | ﹤0.01% |
42,000
| – | – |
|
|
TPC
2402
Tutor Perini Cor
TPC
$4.03B
| $3.26M | ﹤0.01% |
251,278
-101,572
| -29% | -$1.39M |
|
2403
Linde
LIN
$236B
| $3.26M | ﹤0.01% |
11,108
-66,705
| -86% | -$20.3M |
|
2404
CALL
Citizens Financial Group
CFG
$30.1B
| $3.26M | ﹤0.01% |
69,300
-36,900
| -35% | -$1.62M |
|
2405
CALL
Toll Brothers
TOL
$14B
| $3.25M | ﹤0.01% |
+58,700
| New | +$3.47M |
|
2406
FormFactor
FORM
$6.51B
| $3.24M | ﹤0.01% |
86,825
-156,743
| -64% | -$5.83M |
|
|
NOAC
2407
DELISTED
Natural Order Acquisition Corp. Common Stock
NOAC
| $3.23M | ﹤0.01% |
329,740
+173,019
| +110% | +$1.69M |
|
|
NDAC
2408
DELISTED
NightDragon Acquisition Corp. Class A Common stock
NDAC
| $3.23M | ﹤0.01% |
+330,737
| New | +$3.22M |
|
2409
Tanger
SKT
$4.78B
| $3.22M | ﹤0.01% |
197,746
+151,392
| +327% | +$2.63M |
|
2410
PUT
NRG Energy
NRG
$26.2B
| $3.21M | ﹤0.01% |
78,700
-52,100
| -40% | -$2.22M |
|
2411
CALL
Range Resources
RRC
$9.33B
| $3.21M | ﹤0.01% |
142,000
+15,600
| +12% | +$253K |
|
2412
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $3.21M | ﹤0.01% |
+24,620
| New | +$3.72M |
|
2413
PUT
ArcBest
ARCB
$3.15B
| $3.21M | ﹤0.01% |
+39,200
| New | +$2.58M |
|
2414
PSQ Holdings
PSQH
$12.4M
| $3.21M | ﹤0.01% |
+22,094
| New | +$3.19M |
|
2415
CALL
Under Armour Class C
UA
$2.95B
| $3.2M | ﹤0.01% |
182,900
| – | – |
|
2416
PUT
Accenture
ACN
$106B
| $3.2M | ﹤0.01% |
+10,000
| New | +$3.25M |
|
2417
CALL
Essex Property Trust
ESS
$19.1B
| $3.2M | ﹤0.01% |
+10,000
| New | +$3.24M |
|
2418
PUT
InMode
INMD
$871M
| $3.19M | ﹤0.01% |
+40,000
| New | +$2.44M |
|
2419
PUT
Goodyear
GT
$2.09B
| $3.19M | ﹤0.01% |
180,000
+40,000
| +29% | +$649K |
|
2420
CALL
Huazhu Hotels Group
HTHT
$13.3B
| $3.18M | ﹤0.01% |
69,400
| – | – |
|
|
JKS
2421
CALL
JinkoSolar
JKS
$764M
| $3.18M | ﹤0.01% |
69,400
| – | – |
|
2422
PUT
AutoNation
AN
$7.7B
| $3.18M | ﹤0.01% |
26,100
| – | – |
|
2423
Sotera Health
SHC
$5B
| $3.18M | ﹤0.01% |
121,477
-157,710
| -56% | -$3.82M |
|
|
AAWW
2424
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.18M | ﹤0.01% |
38,881
-23,492
| -38% | -$1.69M |
|
|
SPWR
2425
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $3.17M | ﹤0.01% |
140,000
-153,300
| -52% | -$3.59M |
|
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.