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
|
+$9.63B |
| 2 |
Amazon
AMZN
|
+$1.56B |
| 3 |
NVIDIA
NVDA
|
+$1.1B |
| 4 |
Meta Platforms (Facebook)
META
|
+$924M |
| 5 |
SPCX
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 | |
|---|---|---|---|---|---|---|
1201
Vericel Corp
VCEL
$2.06B
| $20.1M | 0.01% |
452,289
+156,663
| +53% | +$5.64M |
|
1202
Rithm Capital
RITM
$5.63B
| $20.1M | 0.01% |
2,136,467
-355,077
| -14% | -$3.38M |
|
1203
PUT
American Express
AXP
$220B
| $20M | 0.01% |
+59,000
| New | +$18.9M |
|
|
EXE
1204
PUT
Expand Energy Corp
EXE
$22.7B
| $19.9M | 0.01% |
218,500
-223,000
| -51% | -$21.2M |
|
1205
Encore Capital Group
ECPG
$2.06B
| $19.9M | 0.01% |
213,282
-309,052
| -59% | -$25.2M |
|
1206
Replimune Group
REPL
$1.42B
| $19.8M | 0.01% |
1,789,964
-546,564
| -23% | -$3.34M |
|
|
INIO
1207
INNIO N.V.
INIO
$15.6B
| $19.8M | 0.01% |
+500,000
| New | +$17.8M |
|
1208
CALL
Emcor
EME
$33.3B
| $19.8M | 0.01% |
23,800
+6,500
| +38% | +$5.5M |
|
1209
IMAX
IMAX
$2.83B
| $19.7M | 0.01% |
494,952
+238,138
| +93% | +$9.13M |
|
1210
Turning Point Brands
TPB
$1.51B
| $19.6M | 0.01% |
231,691
+99,753
| +76% | +$8.28M |
|
1211
Albany International
AIN
$1.77B
| $19.6M | 0.01% |
263,566
-202,942
| -44% | -$12.7M |
|
1212
Kaiser Aluminum
KALU
$2.68B
| $19.6M | 0.01% |
100,368
+4,386
| +5% | +$746K |
|
1213
PUT
Vale
VALE
$65B
| $19.6M | 0.01% |
1,305,000
+650,000
| +99% | +$10.6M |
|
1214
W&T Offshore
WTI
$577M
| $19.6M | 0.01% |
6,230,774
+3,304,640
| +113% | +$12.3M |
|
1215
PUT
McDonald's
MCD
$181B
| $19.6M | 0.01% |
+72,600
| New | +$20.8M |
|
1216
CALL
Shell
SHEL
$266B
| $19.6M | 0.01% |
253,000
+49,700
| +24% | +$4.29M |
|
1217
Range Resources
RRC
$9.81B
| $19.6M | 0.01% |
527,401
-648,729
| -55% | -$26.3M |
|
|
PENG
1218
Penguin Solutions Inc
PENG
$2.65B
| $19.5M | 0.01% |
256,454
+23,543
| +10% | +$1.07M |
|
1219
Main Street Capital
MAIN
$5.39B
| $19.5M | 0.01% |
375,318
-168,007
| -31% | -$8.85M |
|
1220
CALL
BP
BP
$113B
| $19.4M | 0.01% |
526,200
+351,800
| +202% | +$15.4M |
|
1221
State Street SPDR S&P Semiconductor ETF
XSD
$2.62B
| $19.4M | 0.01% |
31,152
+28,992
| +1,342% | +$15.2M |
|
1222
Granite Construction
GVA
$5.3B
| $19.4M | 0.01% |
122,799
-239,505
| -66% | -$32.5M |
|
|
SA
1223
Seabridge Gold
SA
$3.43B
| $19.4M | 0.01% |
752,283
+396,234
| +111% | +$11.9M |
|
|
NVMI
1224
CALL
Nova
NVMI
$11.8B
| $19.3M | 0.01% |
35,600
+13,500
| +61% | +$6.94M |
|
1225
CALL
Rigetti Computing
RGTI
$5.07B
| $19.3M | 0.01% |
+999,900
| New | +$19.3M |
|
Similar funds
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 $9.63B 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.