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 |
Broadcom
AVGO
|
+$1.2B |
| 2 |
Boston Scientific
BSX
|
+$1.05B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$934M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$924M |
| 5 |
JPMorgan Chase
JPM
|
+$922M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.2B |
| 2 |
NVIDIA
NVDA
|
+$1.58B |
| 3 |
Palantir
PLTR
|
+$901M |
| 4 |
Netflix
NFLX
|
+$883M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$805M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 30.42% |
| 2 | Technology | 18.55% |
| 3 | Consumer Discretionary | 8.97% |
| 4 | Financials | 8.5% |
| 5 | Healthcare | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
526
Eagle Materials
EXP
$5.05B
| $64.1M | 0.04% |
338,414
+257,918
| +320% | +$54.9M |
2022 Q1
16 quarters
|
|
527
United Airlines
UAL
$34.9B
| $63.9M | 0.04% |
694,474
+397,917
| +134% | +$41.7M |
2019 Q3
26 quarters
|
|
528
Credo Technology Group
CRDO
$40.7B
| $63.9M | 0.04% |
681,046
-877,657
| -56% | -$107M |
2023 Q1
12 quarters
|
|
529
Toast
TOST
$18.1B
| $63.9M | 0.04% |
2,411,395
+1,083,200
| +82% | +$32.3M |
2024 Q4
5 quarters
|
|
530
CALL
Vale
VALE
$58B
| $63.8M | 0.04% |
4,008,400
+3,023,400
| +307% | +$47.2M |
2025 Q3
2 quarters
|
|
531
SS&C Technologies
SSNC
$19B
| $63.6M | 0.04% |
+941,634
| New | +$72.4M |
2026 Q1
0 quarters
|
|
532
Tyson Foods
TSN
$18.8B
| $63.1M | 0.04% |
984,488
+881,438
| +855% | +$54.7M |
2024 Q4
5 quarters
|
|
533
US Foods
USFD
$21.1B
| $62.9M | 0.04% |
682,529
+656,259
| +2,498% | +$58.1M |
2022 Q2
15 quarters
|
|
534
Oscar Health
OSCR
$10.3B
| $62.9M | 0.04% |
5,485,285
-602,077
| -10% | -$8.48M |
2022 Q3
14 quarters
|
|
535
Chemours
CC
$2.05B
| $62.8M | 0.04% |
2,851,010
+94,486
| +3% | +$1.64M |
2024 Q1
8 quarters
|
|
536
Novavax
NVAX
$2.1B
| $62.8M | 0.04% |
7,709,858
+1,717,060
| +29% | +$15.6M |
2023 Q3
10 quarters
|
|
537
Amgen
AMGN
$224B
| $62.6M | 0.04% |
178,009
+149,032
| +514% | +$53.1M |
2013 Q2
51 quarters
|
|
538
Sibanye-Stillwater
SBSW
$7.08B
| $62.3M | 0.04% |
5,056,652
+1,499,758
| +42% | +$23.4M |
2023 Q2
11 quarters
|
|
539
Inspire Medical Systems
INSP
$1.99B
| $61.3M | 0.04% |
1,188,537
-23,625
| -2% | -$1.65M |
2018 Q3
30 quarters
|
|
540
Tencent Music
TME
$13.7B
| $61M | 0.04% |
6,572,907
+4,616,558
| +236% | +$68.2M |
2024 Q3
6 quarters
|
|
541
PUT
Axon Enterprise
AXON
$34.4B
| $61M | 0.04% |
143,600
-15,100
| -10% | -$7.85M |
2021 Q2
19 quarters
|
|
542
PUT
DoorDash
DASH
$85.1B
| $60.9M | 0.04% |
405,300
+201,200
| +99% | +$37.2M |
2021 Q3
18 quarters
|
|
543
TeraWulf
WULF
$6.87B
| $60.8M | 0.04% |
4,214,041
-11,260,217
| -73% | -$167M |
2025 Q3
2 quarters
|
|
544
PBF Energy
PBF
$9.99B
| $60.8M | 0.04% |
1,276,395
+611,717
| +92% | +$22.9M |
2021 Q4
17 quarters
|
|
545
AptarGroup
ATR
$7.65B
| $60.7M | 0.04% |
481,958
+284,813
| +144% | +$37.1M |
2018 Q4
29 quarters
|
|
546
CALL
Bank of Montreal
BMO
$113B
| $60.4M | 0.04% |
446,000
-32,700
| -7% | -$4.54M |
2021 Q4
17 quarters
|
|
547
HDFC Bank
HDB
$115B
| $60.3M | 0.04% |
2,425,460
+2,417,298
| +29,616% | +$75.1M |
2025 Q3
2 quarters
|
|
548
Rockwell Automation
ROK
$48B
| $60M | 0.04% |
167,106
+138,253
| +479% | +$54.6M |
2025 Q2
3 quarters
|
|
549
FirstEnergy
FE
$26B
| $59.9M | 0.04% |
1,182,437
+45,716
| +4% | +$2.22M |
2024 Q2
7 quarters
|
|
550
Carpenter Technology
CRS
$19.1B
| $59.3M | 0.04% |
150,485
-146,218
| -49% | -$53.3M |
2020 Q1
24 quarters
|
|
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D.E. Shaw & Co's Q1 2026 Portfolio in Review
As of Q1 2026, D.E. Shaw & Co held 5,226 positions worth $166B, down 8.8% from $182B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $5.92B in Q1 2026, closing 756 positions and reducing 1,922 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $805M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 30% of assets, down from 36% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, D.E. Shaw & Co opened a new position in Venture Global Inc worth $211M.
- D.E. Shaw & Co's largest Q1 2026 buy was Venture Global Inc: 13,410,074 shares worth $211M.
- D.E. Shaw & Co added most to Broadcom in Q1 2026, an estimated $1.2B increase.
- D.E. Shaw & Co's biggest Q1 2026 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.2B.
- D.E. Shaw & Co fully exited iShares Core S&P 500 ETF in Q1 2026, selling an estimated $805M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $166B portfolio in Q1 2026.
- D.E. Shaw & Co opened 685 new positions and closed 756 in Q1 2026.
- D.E. Shaw & Co's portfolio value fell 8.8% quarter-over-quarter to $166B.
Based on D.E. Shaw & Co's 13F filing for Q1 2026, filed 15 May 2026.