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 | |
|---|---|---|---|---|---|---|---|
1676
MBX Biosciences
MBX
$2.44B
| $8.62M | 0.01% |
288,889
-382,949
| -57% | -$13M |
2025 Q4
1 quarter
|
|
1677
Eldorado Gold
EGO
$9.45B
| $8.62M | 0.01% |
251,080
-196,542
| -44% | -$8.01M |
2023 Q2
11 quarters
|
|
1678
Invesco Mortgage Capital
IVR
$615M
| $8.61M | 0.01% |
+1,065,656
| New | +$9.09M |
2026 Q1
0 quarters
|
|
1679
Manchester United
MANU
$3.55B
| $8.6M | 0.01% |
511,238
-1,137
| -0.2% | -$19.4K |
2024 Q4
5 quarters
|
|
1680
Telos
TLS
$319M
| $8.6M | 0.01% |
2,051,316
+414,656
| +25% | +$1.96M |
2021 Q4
17 quarters
|
|
1681
Simmons First National
SFNC
$3.22B
| $8.58M | 0.01% |
441,166
-33,286
| -7% | -$665K |
2025 Q1
4 quarters
|
|
1682
Crown Reserve Acquisition Corp I
CRAC
$230M
| $8.56M | 0.01% |
853,875
| – | – |
2025 Q4
1 quarter
|
|
1683
Cal Redwood Acquisition Corp
CRAQ
$326M
| $8.55M | 0.01% |
842,761
+208,804
| +33% | +$2.12M |
2025 Q3
2 quarters
|
|
1684
Neuberger Energy Infrastructure and Income Fund Inc
NML
$559M
| $8.55M | 0.01% |
813,814
| – | – |
2023 Q1
12 quarters
|
|
1685
Avient
AVNT
$3.58B
| $8.54M | 0.01% |
235,163
-167,484
| -42% | -$6.21M |
2024 Q4
5 quarters
|
|
1686
Magnera Corp
MAGN
$401M
| $8.52M | 0.01% |
896,215
+90,522
| +11% | +$1.16M |
2022 Q3
14 quarters
|
|
1687
Enerflex
EFXT
$2.98B
| $8.52M | 0.01% |
407,271
+1,600
| +0.4% | +$30.6K |
2024 Q4
5 quarters
|
|
1688
ArriVent BioPharma
AVBP
$828M
| $8.51M | 0.01% |
368,795
+135,471
| +58% | +$3.06M |
2025 Q4
1 quarter
|
|
1689
Liberty Latin America Class C
LILAK
$1.6B
| $8.5M | 0.01% |
1,060,608
-88,335
| -8% | -$630K |
2022 Q2
15 quarters
|
|
1690
Mine Safety
MSA
$7.01B
| $8.5M | 0.01% |
51,828
+17,982
| +53% | +$3.29M |
2025 Q4
1 quarter
|
|
1691
Affirm
AFRM
$25.6B
| $8.49M | 0.01% |
185,347
+29,807
| +19% | +$1.72M |
2023 Q2
11 quarters
|
|
1692
Cohen & Steers
CNS
$3.55B
| $8.49M | 0.01% |
135,693
-182,183
| -57% | -$11.9M |
2025 Q1
4 quarters
|
|
1693
Union Pacific
UNP
$172B
| $8.49M | 0.01% |
34,973
-65,576
| -65% | -$16.1M |
2013 Q2
51 quarters
|
|
1694
WPP
WPP
$5.86B
| $8.48M | 0.01% |
545,621
+331,532
| +155% | +$6.23M |
2025 Q3
2 quarters
|
|
1695
National Energy Services Reunited Corp
NESR
$1.93B
| $8.48M | 0.01% |
394,921
+321,513
| +438% | +$6.7M |
2025 Q3
2 quarters
|
|
1696
Veradermics Inc
MANE
$4.81B
| $8.48M | 0.01% |
+134,219
| New | +$6.77M |
2026 Q1
0 quarters
|
|
1697
PUT
Freshpet
FRPT
$3.25B
| $8.47M | 0.01% |
143,700
-67,200
| -32% | -$4.72M |
2025 Q2
3 quarters
|
|
1698
PUT
Jefferies Financial Group
JEF
$10.3B
| $8.46M | 0.01% |
205,000
+155,500
| +314% | +$8.07M |
2024 Q3
6 quarters
|
|
1699
Intrepid Potash
IPI
$434M
| $8.42M | 0.01% |
196,966
+37,954
| +24% | +$1.36M |
2022 Q4
13 quarters
|
|
1700
Sunbelt Rentals Holdings
SUNB
$31.4B
| $8.41M | 0.01% |
+129,243
| New | +$9.07M |
2026 Q1
0 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.