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 | |
|---|---|---|---|---|---|---|---|
726
Steris
STE
$21.2B
| $39M | 0.02% |
176,157
+135,866
| +337% | +$33.2M |
2024 Q4
5 quarters
|
|
727
PUT
MP Materials
MP
$7.56B
| $38.9M | 0.02% |
807,000
-114,100
| -12% | -$6.82M |
2025 Q2
3 quarters
|
|
728
Gartner
IT
$12.4B
| $38.9M | 0.02% |
245,851
+178,184
| +263% | +$32.8M |
2025 Q3
2 quarters
|
|
729
PUT
Constellation Energy
CEG
$105B
| $38.9M | 0.02% |
139,400
+59,300
| +74% | +$18M |
2024 Q2
7 quarters
|
|
730
Roku
ROKU
$22.7B
| $38.9M | 0.02% |
410,949
-1,092,086
| -73% | -$106M |
2019 Q4
25 quarters
|
|
731
Freshworks
FRSH
$3.63B
| $38.9M | 0.02% |
4,841,982
+1,015,302
| +27% | +$9.37M |
2022 Q2
15 quarters
|
|
732
PUT
Delta Air Lines
DAL
$52.3B
| $38.8M | 0.02% |
583,800
-695,000
| -54% | -$46.8M |
2013 Q2
51 quarters
|
|
733
PUT
Trade Desk
TTD
$5.75B
| $38.7M | 0.02% |
1,706,600
-3,347,400
| -66% | -$96.6M |
2018 Q4
29 quarters
|
|
734
Roivant Sciences
ROIV
$24.1B
| $38.6M | 0.02% |
1,392,748
+997,344
| +252% | +$25.6M |
2025 Q2
3 quarters
|
|
735
Arvinas
ARVN
$447M
| $38.6M | 0.02% |
3,638,567
-50,634
| -1% | -$627K |
2025 Q2
3 quarters
|
|
736
CareTrust REIT
CTRE
$8.64B
| $38.6M | 0.02% |
+1,052,084
| New | +$40.4M |
2026 Q1
0 quarters
|
|
737
Crown Holdings
CCK
$12B
| $38.5M | 0.02% |
384,431
+124,067
| +48% | +$13.3M |
2025 Q2
3 quarters
|
|
738
PUT
Ford
F
$48.2B
| $38.5M | 0.02% |
3,339,300
-2,817,100
| -46% | -$37.1M |
2013 Q2
51 quarters
|
|
739
PUT
TC Energy
TRP
$64.1B
| $38.5M | 0.02% |
615,000
-225,000
| -27% | -$13.6M |
2023 Q3
10 quarters
|
|
740
CALL
Tempus AI
TEM
$12.4B
| $38.5M | 0.02% |
851,200
-121,000
| -12% | -$6.88M |
2025 Q1
4 quarters
|
|
741
Verra Mobility
VRRM
$457M
| $38.2M | 0.02% |
2,672,998
+485,459
| +22% | +$8.9M |
2024 Q4
5 quarters
|
|
742
Sally Beauty Holdings
SBH
$1.49B
| $38.2M | 0.02% |
2,756,551
+440,645
| +19% | +$6.72M |
2013 Q2
51 quarters
|
|
743
Cinemark Holdings
CNK
$4.4B
| $38.1M | 0.02% |
1,337,279
-405,903
| -23% | -$10.4M |
2021 Q4
17 quarters
|
|
744
argenx
ARGX
$50.5B
| $38.1M | 0.02% |
52,122
+6,589
| +14% | +$5.16M |
2021 Q1
20 quarters
|
|
745
Hudbay
HBM
$11.4B
| $38.1M | 0.02% |
1,817,836
-588,500
| -24% | -$13.8M |
2020 Q3
22 quarters
|
|
746
Archrock
AROC
$5.38B
| $38M | 0.02% |
1,090,618
-498,110
| -31% | -$15.9M |
2025 Q2
3 quarters
|
|
747
Caterpillar
CAT
$355B
| $37.8M | 0.02% |
53,404
+150
| +0.3% | +$104K |
2013 Q2
51 quarters
|
|
748
PUT
Vistra
VST
$54.5B
| $37.8M | 0.02% |
251,300
-268,900
| -52% | -$43.5M |
2022 Q3
14 quarters
|
|
749
Mueller Industries
MLI
$13.6B
| $37.8M | 0.02% |
681,644
-209,042
| -23% | -$12.5M |
2015 Q1
44 quarters
|
|
750
First Hawaiian
FHB
$2.98B
| $37.8M | 0.02% |
1,532,394
+587,505
| +62% | +$15.1M |
2025 Q1
4 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.