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 | |
|---|---|---|---|---|---|---|---|
1076
Yum China
YUMC
$14.6B
| $20.1M | 0.01% |
411,900
-365,186
| -47% | -$18.9M |
2025 Q1
4 quarters
|
|
1077
Ballard Power Systems
BLDP
$621M
| $20M | 0.01% |
8,282,852
+3,329,777
| +67% | +$7.94M |
2024 Q1
8 quarters
|
|
1078
Houlihan Lokey
HLI
$9.05B
| $19.9M | 0.01% |
138,517
-9,723
| -7% | -$1.6M |
2024 Q3
6 quarters
|
|
1079
PUT
General Motors
GM
$73.7B
| $19.9M | 0.01% |
267,000
-938,000
| -78% | -$74.6M |
2013 Q2
51 quarters
|
|
1080
Prosperity Bancshares
PB
$7.97B
| $19.8M | 0.01% |
295,288
+111,765
| +61% | +$7.83M |
2025 Q2
3 quarters
|
|
1081
Planet Fitness
PLNT
$3.58B
| $19.8M | 0.01% |
266,266
-831,051
| -76% | -$73.1M |
2024 Q4
5 quarters
|
|
1082
Taysha Gene Therapies
TSHA
$1.17B
| $19.8M | 0.01% |
4,427,301
+413,666
| +10% | +$1.92M |
2025 Q2
3 quarters
|
|
1083
Erasca
ERAS
$5.17B
| $19.7M | 0.01% |
1,219,534
+1,017,596
| +504% | +$12M |
2025 Q4
1 quarter
|
|
1084
Canadian Natural Resources
CNQ
$107B
| $19.6M | 0.01% |
402,610
+388,868
| +2,830% | +$16M |
2021 Q1
20 quarters
|
|
1085
Schwab US Dividend Equity ETF
SCHD
$111B
| $19.6M | 0.01% |
639,606
-939,503
| -59% | -$28.5M |
2025 Q1
4 quarters
|
|
|
1086
CALL
General Motors
GM
$73.7B
| $19.6M | 0.01% |
263,200
-475,200
| -64% | -$37.8M |
2013 Q2
51 quarters
|
|
1087
TG Therapeutics
TGTX
$8.32B
| $19.6M | 0.01% |
590,047
-110,298
| -16% | -$3.29M |
2017 Q1
36 quarters
|
|
1088
White Mountains Insurance
WTM
$5B
| $19.6M | 0.01% |
8,910
+317
| +4% | +$679K |
2019 Q3
26 quarters
|
|
|
1089
CALL
Canadian Natural Resources
CNQ
$107B
| $19.6M | 0.01% |
401,100
-398,900
| -50% | -$16.4M |
2021 Q4
17 quarters
|
|
1090
PUT
Workday
WDAY
$44.8B
| $19.5M | 0.01% |
150,200
-12,200
| -8% | -$1.94M |
2018 Q1
32 quarters
|
|
1091
Wabash National
WNC
$549M
| $19.5M | 0.01% |
2,262,999
-330,618
| -13% | -$3.28M |
2022 Q3
14 quarters
|
|
1092
Ball Corp
BALL
$15.8B
| $19.5M | 0.01% |
329,671
+169,736
| +106% | +$10.3M |
2024 Q2
7 quarters
|
|
1093
Vertex
VERX
$2.06B
| $19.5M | 0.01% |
1,638,922
+1,363,056
| +494% | +$21.2M |
2023 Q1
12 quarters
|
|
1094
CALL
Ford
F
$48.2B
| $19.5M | 0.01% |
1,687,200
-4,529,100
| -73% | -$59.6M |
2013 Q2
51 quarters
|
|
1095
Cushman & Wakefield Ltd
CWK
$2.67B
| $19.4M | 0.01% |
1,585,427
-194,712
| -11% | -$2.79M |
2023 Q3
10 quarters
|
|
1096
ArcelorMittal
MT
$47.8B
| $19.4M | 0.01% |
373,275
+105,800
| +40% | +$5.87M |
2025 Q3
2 quarters
|
|
1097
Green Plains
GPRE
$1.09B
| $19.4M | 0.01% |
1,178,314
-369,116
| -24% | -$5.01M |
2019 Q1
28 quarters
|
|
1098
Zillow
Z
$6.29B
| $19.3M | 0.01% |
466,796
+393,738
| +539% | +$20.9M |
2018 Q4
29 quarters
|
|
1099
Essent Group
ESNT
$5.58B
| $19.2M | 0.01% |
329,387
+241,929
| +277% | +$14.8M |
2024 Q2
7 quarters
|
|
1100
G-III Apparel Group
GIII
$1.18B
| $19.2M | 0.01% |
694,658
-227,056
| -25% | -$6.64M |
2019 Q2
27 quarters
|
|
Similar funds
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.