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 | Technology | 18.55% |
| 2 | Consumer Discretionary | 8.97% |
| 3 | Financials | 8.5% |
| 4 | Healthcare | 8.44% |
| 5 | Industrials | 7.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBX
1676
MBX Biosciences
MBX
$2.86B
| $8.62M | 0.01% |
288,889
-382,949
| -57% | -$13M |
|
1677
Eldorado Gold
EGO
$7.22B
| $8.62M | 0.01% |
251,080
-196,542
| -44% | -$8.01M |
|
1678
Invesco Mortgage Capital
IVR
$809M
| $8.61M | 0.01% |
+1,065,656
| New | +$9.09M |
|
1679
Manchester United
MANU
$3.8B
| $8.6M | 0.01% |
511,238
-1,137
| -0.2% | -$19.4K |
|
1680
Telos
TLS
$342M
| $8.6M | 0.01% |
2,051,316
+414,656
| +25% | +$1.96M |
|
1681
Simmons First National
SFNC
$3.27B
| $8.58M | 0.01% |
441,166
-33,286
| -7% | -$665K |
|
|
CRAC
1682
Crown Reserve Acquisition Corp I
CRAC
$227M
| $8.56M | 0.01% |
853,875
| – | – |
|
|
CRAQ
1683
Cal Redwood Acquisition Corp
CRAQ
| $8.55M | 0.01% |
842,761
+208,804
| +33% | +$2.12M |
|
|
NML
1684
Neuberger Energy Infrastructure and Income Fund Inc
NML
$590M
| $8.55M | 0.01% |
813,814
| – | – |
|
1685
Avient
AVNT
$3.31B
| $8.54M | 0.01% |
235,163
-167,484
| -42% | -$6.21M |
|
|
MAGN
1686
Magnera Corp
MAGN
$481M
| $8.52M | 0.01% |
896,215
+90,522
| +11% | +$1.16M |
|
|
EFXT
1687
Enerflex
EFXT
$2.81B
| $8.52M | 0.01% |
407,271
+1,600
| +0.4% | +$30.6K |
|
1688
ArriVent BioPharma
AVBP
$1.31B
| $8.51M | 0.01% |
368,795
+135,471
| +58% | +$3.06M |
|
1689
Liberty Latin America Class C
LILAK
$1.47B
| $8.5M | 0.01% |
1,060,608
-88,335
| -8% | -$630K |
|
1690
Mine Safety
MSA
$6.61B
| $8.5M | 0.01% |
51,828
+17,982
| +53% | +$3.29M |
|
1691
Affirm
AFRM
$25.2B
| $8.49M | 0.01% |
185,347
+29,807
| +19% | +$1.72M |
|
1692
Cohen & Steers
CNS
$4.24B
| $8.49M | 0.01% |
135,693
-182,183
| -57% | -$11.9M |
|
1693
Union Pacific
UNP
$176B
| $8.49M | 0.01% |
34,973
-65,576
| -65% | -$16.1M |
|
1694
WPP
WPP
$4.14B
| $8.48M | 0.01% |
545,621
+331,532
| +155% | +$6.23M |
|
|
NESR
1695
National Energy Services Reunited Corp
NESR
$2.75B
| $8.48M | 0.01% |
394,921
+321,513
| +438% | +$6.7M |
|
|
MANE
1696
Veradermics Inc
MANE
$4.43B
| $8.48M | 0.01% |
+134,219
| New | +$6.77M |
|
1697
PUT
Freshpet
FRPT
$2.8B
| $8.47M | 0.01% |
143,700
-67,200
| -32% | -$4.72M |
|
1698
PUT
Jefferies Financial Group
JEF
$12.7B
| $8.46M | 0.01% |
205,000
+155,500
| +314% | +$8.07M |
|
1699
Intrepid Potash
IPI
$456M
| $8.42M | 0.01% |
196,966
+37,954
| +24% | +$1.36M |
|
|
SUNB
1700
Sunbelt Rentals Holdings
SUNB
$29.5B
| $8.41M | 0.01% |
+129,243
| New | +$9.07M |
|
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 $15.1B 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 Technology at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Financials.
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.