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 | |
|---|---|---|---|---|---|---|---|
1201
Under Armour Class C
UA
$2.04B
| $16.4M | 0.01% |
2,838,717
-204,154
| -7% | -$1.29M |
2020 Q1
24 quarters
|
|
1202
ANI Pharmaceuticals
ANIP
$1.63B
| $16.4M | 0.01% |
213,433
-40,103
| -16% | -$3.13M |
2024 Q2
7 quarters
|
|
1203
The Kraft Heinz Company
KHC
$26.6B
| $16.4M | 0.01% |
727,036
-577,085
| -44% | -$13.6M |
2025 Q4
1 quarter
|
|
1204
AMN Healthcare
AMN
$1.42B
| $16.3M | 0.01% |
891,142
-769,570
| -46% | -$14.6M |
2021 Q4
17 quarters
|
|
1205
PUT
Morgan Stanley
MS
$293B
| $16.3M | 0.01% |
98,900
-257,600
| -72% | -$44.6M |
2013 Q2
51 quarters
|
|
1206
CALL
British American Tobacco
BTI
$120B
| $16.3M | 0.01% |
278,200
+104,300
| +60% | +$6.17M |
2023 Q4
9 quarters
|
|
1207
Acadia Pharmaceuticals
ACAD
$3.21B
| $16.2M | 0.01% |
729,836
-296,949
| -29% | -$7.1M |
2018 Q4
29 quarters
|
|
1208
LCI Industries
LCII
$1.93B
| $16.2M | 0.01% |
131,933
-61,225
| -32% | -$8.37M |
2025 Q1
4 quarters
|
|
1209
CALL
First Majestic Silver
AG
$8.05B
| $16.2M | 0.01% |
754,900
+609,100
| +418% | +$14M |
2023 Q4
9 quarters
|
|
1210
Chemed
CHE
$6.55B
| $16.2M | 0.01% |
42,909
-16,564
| -28% | -$7.09M |
2018 Q2
31 quarters
|
|
1211
CALL
JD.com
JD
$36.2B
| $16.1M | 0.01% |
546,100
-1,554,500
| -74% | -$43.9M |
2021 Q4
17 quarters
|
|
1212
Orion
OEC
$326M
| $16.1M | 0.01% |
2,476,793
+110,939
| +5% | +$657K |
2022 Q4
13 quarters
|
|
1213
PUT
Enphase Energy
ENPH
$4.23B
| $16.1M | 0.01% |
425,000
-371,600
| -47% | -$15.4M |
2020 Q1
24 quarters
|
|
1214
CALL
Opendoor
OPEN
$2.05B
| $16M | 0.01% |
3,423,200
-6,264,300
| -65% | -$33.8M |
2025 Q3
2 quarters
|
|
1215
CALL
Fair Isaac
FICO
$15.6B
| $16M | 0.01% |
15,000
+10,000
| +200% | +$13.7M |
2020 Q4
21 quarters
|
|
1216
Liberty Capital Corp Series C GCI Group Common Stock
GLIBK
$809M
| $16M | 0.01% |
430,053
-5,137
| -1% | -$194K |
2025 Q3
2 quarters
|
|
1217
PROG Holdings
PRG
$1.22B
| $16M | 0.01% |
557,268
-215,668
| -28% | -$6.96M |
2020 Q4
21 quarters
|
|
1218
BioMarin Pharmaceuticals
BMRN
$10.5B
| $16M | 0.01% |
282,460
-721,569
| -72% | -$42.1M |
2017 Q1
36 quarters
|
|
1219
CALL
Hims & Hers Health
HIMS
$6.93B
| $15.9M | 0.01% |
767,500
-2,281,000
| -75% | -$53.9M |
2024 Q2
7 quarters
|
|
1220
CALL
Vertiv
VRT
$91.4B
| $15.9M | 0.01% |
63,500
-223,000
| -78% | -$49.5M |
2023 Q4
9 quarters
|
|
1221
Delek US
DK
$4.94B
| $15.9M | 0.01% |
352,722
-215,725
| -38% | -$7.71M |
2025 Q2
3 quarters
|
|
1222
OneMain Financial
OMF
$6.45B
| $15.9M | 0.01% |
296,806
+280,419
| +1,711% | +$16.6M |
2025 Q4
1 quarter
|
|
1223
Ovintiv
OVV
$18.4B
| $15.9M | 0.01% |
267,225
-920,664
| -78% | -$44.4M |
2020 Q3
22 quarters
|
|
1224
Organon & Co
OGN
$3.62B
| $15.8M | 0.01% |
2,644,552
-742,172
| -22% | -$5.58M |
2025 Q3
2 quarters
|
|
1225
CALL
Celsius Holdings
CELH
$7.07B
| $15.8M | 0.01% |
446,100
-964,800
| -68% | -$45.7M |
2021 Q4
17 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.