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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$9.6B |
| 2 |
Amazon
AMZN
|
+$1.56B |
| 3 |
NVIDIA
NVDA
|
+$1.1B |
| 4 |
Meta Platforms (Facebook)
META
|
+$924M |
| 5 |
SpaceX
SPCX
|
+$907M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$2.17B |
| 2 |
Broadcom
AVGO
|
+$1.53B |
| 3 |
Microsoft
MSFT
|
+$1.05B |
| 4 |
TSMC
TSM
|
+$928M |
| 5 |
Texas Instruments
TXN
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 33.7% |
| 2 | Technology | 18.77% |
| 3 | Financials | 8.35% |
| 4 | Healthcare | 7.91% |
| 5 | Consumer Discretionary | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
376
CF Industries
CF
$18.3B
| $115M | 0.05% |
1,063,005
+987,065
| +1,300% | +$116M |
2024 Q3
7 quarters
|
|
377
Five Below
FIVE
$12.3B
| $115M | 0.05% |
638,465
-767,345
| -55% | -$165M |
2023 Q4
10 quarters
|
|
378
Brookfield
BN
$84.8B
| $115M | 0.05% |
2,694,174
-906,454
| -25% | -$40.5M |
2024 Q3
7 quarters
|
|
379
Altria Group
MO
$124B
| $114M | 0.05% |
1,586,265
-359,753
| -18% | -$25.1M |
2014 Q4
46 quarters
|
|
380
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.05B
| $114M | 0.05% |
2,131,000
+50,000
| +2% | +$2.76M |
2024 Q2
8 quarters
|
|
381
American Airlines Group
AAL
$8.02B
| $114M | 0.05% |
6,299,815
-3,563,291
| -36% | -$47.7M |
2020 Q4
22 quarters
|
|
382
American Eagle Outfitters
AEO
$3B
| $114M | 0.05% |
6,615,074
+2,100,433
| +47% | +$36.4M |
2021 Q4
18 quarters
|
|
|
383
NextEra Energy Inc 7.375% Corporate Units
NEE.PRV
| $114M | 0.05% |
2,375,000
-50,000
| -2% | -$2.46M |
2026 Q1
1 quarter
|
|
384
CALL
CrowdStrike
CRWD
$264B
| $113M | 0.05% |
594,000
-388,000
| -40% | -$55.1M |
2020 Q1
25 quarters
|
|
385
HubSpot
HUBS
$13.5B
| $113M | 0.05% |
620,536
+570,570
| +1,142% | +$119M |
2018 Q1
33 quarters
|
|
386
Applied Digital
APLD
$5.52B
| $113M | 0.05% |
3,033,821
-365,120
| -11% | -$14.1M |
2025 Q3
3 quarters
|
|
387
Aehr Test Systems
AEHR
$1.81B
| $113M | 0.05% |
1,177,421
+835,783
| +245% | +$76.4M |
2025 Q3
3 quarters
|
|
388
CALL
AST SpaceMobile
ASTS
$11.9B
| $113M | 0.05% |
1,268,500
+120,000
| +10% | +$10.5M |
2022 Q3
15 quarters
|
|
389
Rocket Lab Corp
RKLB
$33.6B
| $112M | 0.05% |
1,103,189
-3,088,372
| -74% | -$308M |
2022 Q2
16 quarters
|
|
390
PUT
Snowflake
SNOW
$115B
| $112M | 0.05% |
440,300
-157,000
| -26% | -$28.9M |
2021 Q2
20 quarters
|
|
391
Brookfield Renewable
BEPC
$5.39B
| $112M | 0.05% |
3,017,418
+1,561,479
| +107% | +$60.5M |
2024 Q3
7 quarters
|
|
392
Tradeweb Markets
TW
$25.9B
| $112M | 0.05% |
1,121,171
+736,598
| +192% | +$79.9M |
2019 Q3
27 quarters
|
|
393
Procter & Gamble
PG
$374B
| $111M | 0.05% |
754,755
-1,684,925
| -69% | -$245M |
2013 Q2
52 quarters
|
|
394
Vaxcyte
PCVX
$9.5B
| $111M | 0.05% |
1,901,872
-963,446
| -34% | -$52.3M |
2022 Q4
14 quarters
|
|
395
ON Semiconductor
ON
$28.1B
| $110M | 0.05% |
1,165,139
+870,279
| +295% | +$89.2M |
2020 Q1
25 quarters
|
|
396
Barrick Mining
B
$62.8B
| $110M | 0.05% |
2,989,134
-4,056,524
| -58% | -$166M |
2013 Q2
52 quarters
|
|
397
Intellia Therapeutics
NTLA
$1.57B
| $109M | 0.05% |
6,443,323
+715,146
| +12% | +$10M |
2024 Q3
7 quarters
|
|
398
CALL
Wells Fargo
WFC
$247B
| $109M | 0.05% |
1,315,600
+1,075,600
| +448% | +$86.4M |
2013 Q2
52 quarters
|
|
399
CALL
Target
TGT
$69.4B
| $108M | 0.05% |
824,000
+45,700
| +6% | +$5.81M |
2025 Q2
4 quarters
|
|
400
FedEx Freight
FDXF
$16.5B
| $108M | 0.05% |
+712,231
| New | +$117M |
2026 Q2
0 quarters
|
|
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D.E. Shaw & Co's Q2 2026 Portfolio in Review
As of Q2 2026, D.E. Shaw & Co held 5,360 positions worth $210B, up 26% from $166B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
D.E. Shaw & Co deployed $8.31B of net new capital in Q2 2026, opening 872 new positions and adding to 1,718 existing holdings. Its largest new stake was SpaceX: 5,340,000 shares worth $912M.
By sector, the portfolio is most concentrated in Miscellaneous at 34% of assets, up from 30% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Micron Technology, an estimated $2.17B trimmed.
- D.E. Shaw & Co's largest Q2 2026 buy was SpaceX: 5,340,000 shares worth $912M.
- D.E. Shaw & Co added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $9.6B increase.
- D.E. Shaw & Co's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $2.17B.
- D.E. Shaw & Co fully exited Automatic Data Processing in Q2 2026, selling an estimated $241M.
- D.E. Shaw & Co's ten largest holdings make up 15% of its $210B portfolio in Q2 2026.
- D.E. Shaw & Co opened 872 new positions and closed 527 in Q2 2026.
- D.E. Shaw & Co's portfolio value rose 26% quarter-over-quarter to $210B.
Based on D.E. Shaw & Co's 13F filing for Q2 2026, filed 14 Aug 2026.