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 | |
|---|---|---|---|---|---|---|---|
76
CALL
Alphabet (Google) Class C
GOOG
$3.88T
| $444M | 0.21% |
1,256,700
-509,000
| -29% | -$182M |
2024 Q2
8 quarters
|
|
77
General Dynamics
GD
$94.5B
| $440M | 0.21% |
1,242,347
+329,255
| +36% | +$113M |
2021 Q2
20 quarters
|
|
78
CALL
Cipher Digital
CIFR
$3.3B
| $435M | 0.21% |
17,740,400
| – | – |
2025 Q3
3 quarters
|
|
79
PUT
Tesla
TSLA
$1.47T
| $434M | 0.21% |
1,032,900
-528,100
| -34% | -$210M |
2020 Q1
25 quarters
|
|
80
Dell
DELL
$290B
| $420M | 0.2% |
973,711
+966,082
| +12,663% | +$279M |
2025 Q3
3 quarters
|
|
81
Las Vegas Sands
LVS
$23.1B
| $418M | 0.2% |
9,052,131
+514,715
| +6% | +$26.7M |
2025 Q2
4 quarters
|
|
82
PUT
Toronto Dominion Bank
TD
$203B
| $407M | 0.19% |
3,349,000
+182,000
| +6% | +$19.9M |
2021 Q3
19 quarters
|
|
83
PUT
Palantir
PLTR
$473B
| $403M | 0.19% |
3,450,500
+249,500
| +8% | +$34M |
2021 Q2
20 quarters
|
|
84
Target
TGT
$69.4B
| $402M | 0.19% |
3,074,795
-4,826,600
| -61% | -$613M |
2018 Q1
33 quarters
|
|
85
State Street Energy Select Sector SPDR ETF
XLE
$45.4B
| $400M | 0.19% |
7,531,605
+7,515,165
| +45,713% | +$430M |
2026 Q1
1 quarter
|
|
86
GE Aerospace
GE
$296B
| $397M | 0.19% |
1,061,594
-587,223
| -36% | -$184M |
2013 Q2
52 quarters
|
|
87
CALL
Cloudflare
NET
$116B
| $396M | 0.19% |
1,614,400
-8,800
| -0.5% | -$1.93M |
2020 Q4
22 quarters
|
|
88
Otis Worldwide
OTIS
$28.6B
| $389M | 0.19% |
5,439,203
+1,984,275
| +57% | +$148M |
2020 Q2
24 quarters
|
|
89
PUT
UnitedHealth
UNH
$375B
| $382M | 0.18% |
920,200
-262,400
| -22% | -$97.3M |
2024 Q2
8 quarters
|
|
|
90
Palantir
PLTR
$473B
| $381M | 0.18% |
3,261,919
-636,752
| -16% | -$86.9M |
2021 Q1
21 quarters
|
|
91
Teck Resources
TECK
$29B
| $370M | 0.18% |
6,217,769
+1,558,613
| +33% | +$95M |
2013 Q2
52 quarters
|
|
|
92
TSMC
TSM
$2.17T
| $369M | 0.18% |
773,051
-2,285,747
| -75% | -$928M |
2019 Q4
26 quarters
|
|
93
McKesson
MCK
$117B
| $366M | 0.17% |
483,843
+430,496
| +807% | +$341M |
2013 Q2
52 quarters
|
|
94
PUT
Seagate
STX
$143B
| $364M | 0.17% |
377,200
+89,400
| +31% | +$68.2M |
2013 Q2
52 quarters
|
|
95
Rivian
RIVN
$17.1B
| $361M | 0.17% |
20,832,777
+12,203,342
| +141% | +$190M |
2025 Q1
5 quarters
|
|
96
Liberty Media Corporation Series C Common Stock
FWONK
$22.4B
| $361M | 0.17% |
3,790,937
+533,874
| +16% | +$47.7M |
2014 Q3
47 quarters
|
|
97
Oscar Health
OSCR
$9.6B
| $361M | 0.17% |
12,643,617
+7,158,332
| +131% | +$154M |
2022 Q3
15 quarters
|
|
98
CALL
Apple
AAPL
$5.07T
| $361M | 0.17% |
1,245,900
-460,400
| -27% | -$132M |
2013 Q2
52 quarters
|
|
99
Booking.com
BKNG
$117B
| $360M | 0.17% |
2,019,094
-1,647,131
| -45% | -$281M |
2013 Q2
52 quarters
|
|
100
Waters Corp
WAT
$44.6B
| $356M | 0.17% |
948,639
-76,601
| -7% | -$26.1M |
2017 Q1
37 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.