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 | |
|---|---|---|---|---|---|---|---|
76
PUT
TSMC
TSM
$2.35T
| $387M | 0.23% |
1,144,000
-414,900
| -27% | -$143M |
2024 Q3
6 quarters
|
|
77
PUT
Advanced Micro Devices
AMD
$993B
| $385M | 0.23% |
1,890,500
-680,500
| -26% | -$145M |
2016 Q3
38 quarters
|
|
78
PUT
Amazon
AMZN
$2.83T
| $377M | 0.23% |
1,809,100
-210,900
| -10% | -$46.4M |
2013 Q2
51 quarters
|
|
79
KKR & Co
KKR
$81.6B
| $365M | 0.22% |
3,944,577
+2,687,909
| +214% | +$283M |
2025 Q1
4 quarters
|
|
80
CALL
Meta Platforms (Facebook)
META
$1.83T
| $364M | 0.22% |
635,400
+214,800
| +51% | +$138M |
2020 Q1
24 quarters
|
|
81
ServiceNow
NOW
$146B
| $363M | 0.22% |
3,474,317
+1,789,724
| +106% | +$211M |
2017 Q2
35 quarters
|
|
82
EQT Corp
EQT
$33B
| $363M | 0.22% |
5,700,032
+635,911
| +13% | +$37.3M |
2016 Q1
40 quarters
|
|
83
Procter & Gamble
PG
$351B
| $352M | 0.21% |
2,439,680
-1,927,627
| -44% | -$292M |
2013 Q2
51 quarters
|
|
84
Alnylam Pharmaceuticals
ALNY
$31.1B
| $350M | 0.21% |
1,059,062
+614,569
| +138% | +$209M |
2013 Q2
51 quarters
|
|
85
Pfizer
PFE
$161B
| $350M | 0.21% |
12,467,262
+9,051,769
| +265% | +$241M |
2013 Q2
51 quarters
|
|
|
SNDK
86
PUT
Sandisk
SNDK
$229B
| $347M | 0.21% |
545,800
+453,801
| +493% | +$256M |
2025 Q1
4 quarters
|
|
87
Applied Materials
AMAT
$402B
| $345M | 0.21% |
1,009,618
+648,207
| +179% | +$218M |
2014 Q2
47 quarters
|
|
88
CALL
Cloudflare
NET
$129B
| $335M | 0.2% |
1,623,200
-118,600
| -7% | -$22.6M |
2020 Q4
21 quarters
|
|
89
Diamondback Energy
FANG
$53.8B
| $334M | 0.2% |
1,688,794
-425,717
| -20% | -$72.3M |
2023 Q3
10 quarters
|
|
|
FISV
90
Fiserv Inc
FISV
$24.3B
| $330M | 0.2% |
5,907,462
-4,224,815
| -42% | -$261M |
2022 Q1
16 quarters
|
|
91
Airbnb
ABNB
$97.8B
| $325M | 0.2% |
2,576,538
-1,173,147
| -31% | -$153M |
2021 Q1
20 quarters
|
|
92
Five Below
FIVE
$11.8B
| $321M | 0.19% |
1,405,810
-513,796
| -27% | -$108M |
2023 Q4
9 quarters
|
|
93
PUT
UnitedHealth
UNH
$340B
| $320M | 0.19% |
1,182,600
-410,400
| -26% | -$122M |
2024 Q2
7 quarters
|
|
94
PUT
Eli Lilly
LLY
$1.05T
| $317M | 0.19% |
345,000
-143,400
| -29% | -$145M |
2022 Q3
14 quarters
|
|
|
95
UnitedHealth
UNH
$340B
| $316M | 0.19% |
1,167,220
+226,047
| +24% | +$67.3M |
2013 Q2
51 quarters
|
|
|
96
CALL
Advanced Micro Devices
AMD
$993B
| $315M | 0.19% |
1,549,000
-612,700
| -28% | -$131M |
2021 Q4
17 quarters
|
|
97
General Dynamics
GD
$89.6B
| $313M | 0.19% |
913,092
+669,018
| +274% | +$237M |
2021 Q2
19 quarters
|
|
|
98
CALL
Amazon
AMZN
$2.83T
| $312M | 0.19% |
1,497,500
+521,100
| +53% | +$115M |
2013 Q2
51 quarters
|
|
99
Morgan Stanley
MS
$298B
| $307M | 0.18% |
1,864,278
+884,814
| +90% | +$153M |
2017 Q4
33 quarters
|
|
100
Waters Corp
WAT
$42.6B
| $305M | 0.18% |
1,025,240
+673,230
| +191% | +$230M |
2017 Q1
36 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.