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 | |
|---|---|---|---|---|---|---|---|
1426
CALL
Blue Owl Capital
OWL
$6.01B
| $11.8M | 0.01% |
+1,288,700
| New | +$15.6M |
2026 Q1
0 quarters
|
|
1427
Diebold Nixdorf
DBD
$2.18B
| $11.8M | 0.01% |
155,900
+4,676
| +3% | +$344K |
2024 Q1
8 quarters
|
|
1428
Neurocrine Biosciences
NBIX
$13.8B
| $11.7M | 0.01% |
+89,184
| New | +$11.8M |
2026 Q1
0 quarters
|
|
1429
Louisiana-Pacific
LPX
$4.65B
| $11.7M | 0.01% |
161,468
+29,845
| +23% | +$2.51M |
2016 Q2
39 quarters
|
|
1430
PUT
CarMax
KMX
$7.07B
| $11.7M | 0.01% |
282,500
-17,800
| -6% | -$779K |
2025 Q1
4 quarters
|
|
1431
Strategic Education
STRA
$1.8B
| $11.7M | 0.01% |
141,553
+91,341
| +182% | +$7.44M |
2024 Q2
7 quarters
|
|
1432
Portland General Electric
POR
$5.23B
| $11.7M | 0.01% |
222,093
+135,887
| +158% | +$6.98M |
2024 Q2
7 quarters
|
|
1433
IDT Corp
IDT
$2.01B
| $11.7M | 0.01% |
238,338
+3,793
| +2% | +$188K |
2017 Q3
34 quarters
|
|
1434
First Solar
FSLR
$19.2B
| $11.7M | 0.01% |
59,176
+17,592
| +42% | +$3.89M |
2020 Q1
24 quarters
|
|
1435
Ivanhoe Electric
IE
$1.31B
| $11.7M | 0.01% |
985,722
+491,717
| +100% | +$7.71M |
2025 Q3
2 quarters
|
|
1436
NorthWestern Energy
NWE
$4.58B
| $11.6M | 0.01% |
176,557
+161,806
| +1,097% | +$11M |
2025 Q4
1 quarter
|
|
1437
Box
BOX
$5.22B
| $11.6M | 0.01% |
492,320
+186,543
| +61% | +$4.69M |
2019 Q1
28 quarters
|
|
1438
Kaiser Aluminum
KALU
$2.42B
| $11.6M | 0.01% |
95,982
+32,983
| +52% | +$4.18M |
2025 Q4
1 quarter
|
|
1439
Banner Corp
BANR
$2.43B
| $11.6M | 0.01% |
190,591
+140,589
| +281% | +$8.72M |
2025 Q4
1 quarter
|
|
1440
ADT
ADT
$4.82B
| $11.6M | 0.01% |
1,759,240
-6,207,465
| -78% | -$46.6M |
2024 Q4
5 quarters
|
|
1441
Ericsson
ERIC
$31.1B
| $11.6M | 0.01% |
+1,025,496
| New | +$11.1M |
2026 Q1
0 quarters
|
|
1442
Camping World
CWH
$275M
| $11.6M | 0.01% |
1,691,806
-1,277,417
| -43% | -$13.2M |
2019 Q3
26 quarters
|
|
1443
Align Technology
ALGN
$10.3B
| $11.5M | 0.01% |
67,322
+9,102
| +16% | +$1.59M |
2025 Q3
2 quarters
|
|
1444
Savara
SVRA
$978M
| $11.5M | 0.01% |
2,111,882
+442,512
| +27% | +$2.46M |
2024 Q3
6 quarters
|
|
1445
Mativ Holdings
MATV
$640M
| $11.5M | 0.01% |
1,325,333
+131,868
| +11% | +$1.51M |
2024 Q1
8 quarters
|
|
1446
First Trust RBA American Industrial Renaissance ETF
AIRR
$8.59B
| $11.5M | 0.01% |
103,741
+94,610
| +1,036% | +$10.7M |
2025 Q4
1 quarter
|
|
1447
Toll Brothers
TOL
$12B
| $11.5M | 0.01% |
+84,153
| New | +$12.4M |
2026 Q1
0 quarters
|
|
1448
Excelerate Energy
EE
$1.04B
| $11.5M | 0.01% |
343,491
+206,587
| +151% | +$7.41M |
2023 Q4
9 quarters
|
|
1449
PJT Partners
PJT
$3.38B
| $11.5M | 0.01% |
82,022
-55,809
| -40% | -$8.79M |
2024 Q3
6 quarters
|
|
1450
Turning Point Brands
TPB
$1.16B
| $11.5M | 0.01% |
131,938
-80,854
| -38% | -$9.01M |
2018 Q4
29 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.