David Shaw D.E. Shaw & Co
David Shaw founded D. E. Shaw & Co., a pioneering quantitative investment firm that helped define systematic trading at scale. With a background in computer science, Shaw built teams that applied advanced computation to markets across equities, derivatives, and other assets. The firm remains one of the most important quant platforms in global finance, even as Shaw’s own public role has shifted over time.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$9.63B |
| 2 |
Amazon
AMZN
|
+$1.56B |
| 3 |
NVIDIA
NVDA
|
+$1.1B |
| 4 |
Meta Platforms (Facebook)
META
|
+$924M |
| 5 |
SPCX
SpaceX
SPCX
|
+$907M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$2.17B |
| 2 |
Broadcom
AVGO
|
+$1.53B |
| 3 |
Microsoft
MSFT
|
+$1.05B |
| 4 |
TSMC
TSM
|
+$928M |
| 5 |
Texas Instruments
TXN
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.78% |
| 2 | Financials | 8.35% |
| 3 | Healthcare | 7.91% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Vericel Corp
VCEL
$2.17B
| $20.1M | 0.01% |
452,289
+156,663
| +53% | +$5.64M |
|
1202
Rithm Capital
RITM
$5.72B
| $20.1M | 0.01% |
2,136,467
-355,077
| -14% | -$3.38M |
|
1203
PUT
American Express
AXP
$228B
| $20M | 0.01% |
+59,000
| New | +$18.9M |
|
|
EXE
1204
PUT
Expand Energy Corp
EXE
$22.3B
| $19.9M | 0.01% |
218,500
-223,000
| -51% | -$21.2M |
|
1205
Encore Capital Group
ECPG
$2.19B
| $19.9M | 0.01% |
213,282
-309,052
| -59% | -$25.2M |
|
1206
Replimune Group
REPL
$1.39B
| $19.8M | 0.01% |
1,789,964
-546,564
| -23% | -$3.34M |
|
|
INIO
1207
INNIO N.V.
INIO
$16.6B
| $19.8M | 0.01% |
+500,000
| New | +$17.8M |
|
1208
CALL
Emcor
EME
$33.7B
| $19.8M | 0.01% |
23,800
+6,500
| +38% | +$5.5M |
|
1209
IMAX
IMAX
$3B
| $19.7M | 0.01% |
494,952
+238,138
| +93% | +$9.13M |
|
1210
Turning Point Brands
TPB
$1.67B
| $19.6M | 0.01% |
231,691
+99,753
| +76% | +$8.28M |
|
1211
Albany International
AIN
$1.66B
| $19.6M | 0.01% |
263,566
-202,942
| -44% | -$12.7M |
|
1212
Kaiser Aluminum
KALU
$2.49B
| $19.6M | 0.01% |
100,368
+4,386
| +5% | +$746K |
|
1213
PUT
Vale
VALE
$64B
| $19.6M | 0.01% |
1,305,000
+650,000
| +99% | +$10.6M |
|
1214
W&T Offshore
WTI
$574M
| $19.6M | 0.01% |
6,230,774
+3,304,640
| +113% | +$12.3M |
|
1215
PUT
McDonald's
MCD
$193B
| $19.6M | 0.01% |
+72,600
| New | +$20.8M |
|
1216
CALL
Shell
SHEL
$257B
| $19.6M | 0.01% |
253,000
+49,700
| +24% | +$4.29M |
|
1217
Range Resources
RRC
$9.64B
| $19.6M | 0.01% |
527,401
-648,729
| -55% | -$26.3M |
|
|
PENG
1218
Penguin Solutions Inc
PENG
$2.6B
| $19.5M | 0.01% |
256,454
+23,543
| +10% | +$1.07M |
|
1219
Main Street Capital
MAIN
$5.51B
| $19.5M | 0.01% |
375,318
-168,007
| -31% | -$8.85M |
|
1220
CALL
BP
BP
$113B
| $19.4M | 0.01% |
526,200
+351,800
| +202% | +$15.4M |
|
1221
State Street SPDR S&P Semiconductor ETF
XSD
$2.59B
| $19.4M | 0.01% |
31,152
+28,992
| +1,342% | +$15.2M |
|
1222
Granite Construction
GVA
$5.47B
| $19.4M | 0.01% |
122,799
-239,505
| -66% | -$32.5M |
|
|
SA
1223
Seabridge Gold
SA
$3.56B
| $19.4M | 0.01% |
752,283
+396,234
| +111% | +$11.9M |
|
|
NVMI
1224
CALL
Nova
NVMI
$11.5B
| $19.3M | 0.01% |
35,600
+13,500
| +61% | +$6.94M |
|
1225
CALL
Rigetti Computing
RGTI
$5.46B
| $19.3M | 0.01% |
+999,900
| New | +$19.3M |
|
Similar funds
David Shaw's Q2 2026 Portfolio in Review
As of Q2 2026, David Shaw held 5,360 positions worth $210B, up 26% from $166B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
David Shaw deployed $7.01B of net new capital in Q2 2026, opening 872 new positions and adding to 1,718 existing holdings. Its largest new stake was SpaceX: 5,340,000 shares worth $912M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Micron Technology, an estimated $2.17B trimmed.
- David Shaw's largest Q2 2026 buy was SpaceX: 5,340,000 shares worth $912M.
- David Shaw added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $9.63B increase.
- David Shaw's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $2.17B.
- David Shaw fully exited Automatic Data Processing in Q2 2026, selling an estimated $241M.
- David Shaw's ten largest holdings make up 15% of its $210B portfolio in Q2 2026.
- David Shaw opened 872 new positions and closed 527 in Q2 2026.
- David Shaw's portfolio value rose 26% quarter-over-quarter to $210B.
Based on D.E. Shaw & Co's 13F filing for Q2 2026, filed 14 Aug 2026.