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 | |
|---|---|---|---|---|---|---|
1976
Snap
SNAP
$7.62B
| $5.87M | ﹤0.01% |
1,276,196
-426,779
| -25% | -$2.51M |
|
1977
Illumina
ILMN
$28.2B
| $5.86M | ﹤0.01% |
47,575
+24,156
| +103% | +$3.17M |
|
1978
Vishay Intertechnology
VSH
$5.8B
| $5.85M | ﹤0.01% |
324,933
-637,475
| -66% | -$11.6M |
|
|
VHCP
1979
Vine Hill Capital Investment Corp II
VHCP
$307M
| $5.82M | ﹤0.01% |
+588,000
| New | +$5.83M |
|
1980
Innoviva
INVA
$1.6B
| $5.8M | ﹤0.01% |
248,819
-122,613
| -33% | -$2.64M |
|
1981
CALL
D-Wave Quantum
QBTS
$6.2B
| $5.79M | ﹤0.01% |
401,300
-1,694,300
| -81% | -$35.8M |
|
1982
CALL
Jefferies Financial Group
JEF
$12.7B
| $5.79M | ﹤0.01% |
140,300
-11,700
| -8% | -$607K |
|
1983
Equinor
EQNR
$88.8B
| $5.78M | ﹤0.01% |
137,059
-600,803
| -81% | -$18.1M |
|
1984
PUT
BioNTech
BNTX
$23.1B
| $5.78M | ﹤0.01% |
65,000
-6,000
| -8% | -$617K |
|
1985
PUT
Tyson Foods
TSN
$20.3B
| $5.76M | ﹤0.01% |
89,900
-72,000
| -44% | -$4.47M |
|
|
KOYN
1986
CSLM Digital Asset Acquisition Corp III
KOYN
$321M
| $5.74M | ﹤0.01% |
571,977
+510,370
| +828% | +$5.11M |
|
1987
Lindblad Expeditions
LIND
$1.82B
| $5.74M | ﹤0.01% |
331,941
+250,511
| +308% | +$4.45M |
|
1988
PUT
Harley-Davidson
HOG
$2.8B
| $5.72M | ﹤0.01% |
282,800
+1,500
| +0.5% | +$29.4K |
|
|
NMP
1989
NMP Acquisition Corp
NMP
$164M
| $5.71M | ﹤0.01% |
562,420
| – | – |
|
1990
E.W. Scripps
SSP
$284M
| $5.71M | ﹤0.01% |
1,535,867
-703,639
| -31% | -$2.6M |
|
|
EMIS
1991
Emmis Acquisition Corp
EMIS
| $5.71M | ﹤0.01% |
568,400
| – | – |
|
|
SCHW
1992
PUT
Charles Schwab
SCHW
$177B
| $5.7M | ﹤0.01% |
60,700
+23,200
| +62% | +$2.28M |
|
1993
PUT
AngloGold Ashanti
AU
$38.8B
| $5.7M | ﹤0.01% |
58,500
-36,600
| -38% | -$3.75M |
|
|
ITHA
1994
ITHAX Acquisition Corp III
ITHA
| $5.68M | ﹤0.01% |
+573,644
| New | +$5.68M |
|
1995
Hartford Financial Services
HIG
$38.4B
| $5.67M | ﹤0.01% |
+41,943
| New | +$5.73M |
|
|
WCC
1996
WESCO International
WCC
$16B
| $5.66M | ﹤0.01% |
20,687
+9,595
| +87% | +$2.69M |
|
1997
Liberty Latin America Class A
LILA
$1.48B
| $5.66M | ﹤0.01% |
963,580
+127,580
| +15% | +$672K |
|
|
CVSA
1998
Covista Inc
CVSA
$4.02B
| $5.65M | ﹤0.01% |
49,064
-21,589
| -31% | -$2.31M |
|
1999
CALL
Constellation Brands
STZ
$22.7B
| $5.64M | ﹤0.01% |
37,600
-106,300
| -74% | -$16.4M |
|
2000
Caleres
CAL
$398M
| $5.63M | ﹤0.01% |
534,160
-215,262
| -29% | -$2.57M |
|
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.