Quant fund, long-only 13F filer
D. E. Shaw & Co.
D. E. Shaw & Co. is a computational investment firm founded by David Shaw in 1988, among the pioneers of quantitative trading and now running systematic and discretionary strategies side by side. It discloses US-listed long equity (and some options) positions each quarter on SEC Form 13F — bonds, cash, private businesses and non-US holdings are not in that filing.
How has D. E. Shaw & Co.'s portfolio moved against the S&P 500?
Rebuilt from its quarterly filings, D.'s disclosed portfolio is up 112% since September 2024. Over the stretch where we can compare, since December 2025, it is up 23% against 9% for the S&P 500. The latest filing, for the quarter ended 30 June 2026, lists 4,833 positions worth 161.8B USD.
D.'s disclosed holdings, rebuilt at each filing
S&P 500, from Dec 2025, drawn from D.'s level then
Long US stock only, held from one filing to the next: an illustrative read, not an audited return.
What does D. E. Shaw & Co. hold?
STATE STR SPDR S&P 500 ETF T (SPY) is the largest disclosed position, at 5.0% or 10.5B USD. The 15 largest positions, listed below, make up 18% of the 161.8B USD portfolio.
SEC EDGAR Form 13F-HR, quarter ended 30 June 2026
| Position | Value | Weight | Shares | Last quarter |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 10.5B USD | 5.0% | 14.0M | Added |
| NVDANVIDIA CORPORATION | 4.0B USD | 1.9% | 20.0M | Added |
| GOOGLALPHABET INC | 2.8B USD | 1.3% | 7.9M | Held |
| AMZNAMAZON COM INC | 2.6B USD | 1.2% | 10.9M | Added |
| GOOGALPHABET INC | 2.4B USD | 1.1% | 6.8M | Added |
| QQQINVESCO QQQ TR, call option | 2.4B USD | 1.1% | 3.2M | Added |
| METAMETA PLATFORMS INC | 1.9B USD | 0.9% | 3.4M | Added |
| TSLATESLA INC | 1.8B USD | 0.9% | 4.3M | Held |
| AMDADVANCED MICRO DEVICES INC | 1.8B USD | 0.9% | 3.1M | Held |
| CRWDCROWDSTRIKE HLDGS INC | 1.6B USD | 0.8% | 2.1M | Held |
| AAPLAPPLE INC | 1.6B USD | 0.8% | 5.6M | Held |
| HDHOME DEPOT INC | 1.5B USD | 0.7% | 4.3M | Held |
| MSFTMICROSOFT CORP | 1.3B USD | 0.6% | 3.6M | Trimmed |
| STXSEAGATE TECHNOLOGY HLDNGS PL | 1.3B USD | 0.6% | 1.4M | Held |
| SNDKSANDISK CORP | 1.3B USD | 0.6% | 561.9K † | Trimmed |
† Share count moved sharply against value during the quarter — likely a stock split in the reporting, not a real position change.
Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.
What did D. E. Shaw & Co. change last quarter?
In the quarter ended 30 June 2026 D. E. Shaw & Co. opened 928 positions, the largest SPACE EXPLORATION TECHN CORP (SPCX) at 912.4M USD, then ALPHABET INC and ALPHABET INC. It added to 1,262, trimmed 1,061 and sold out of 565, against the filing before.
Against the previous quarter's 13F, largest first within each kind; the 20 largest of each kind are listed
| Position | Change | Shares moved | Value after |
|---|---|---|---|
| SPCXSPACE EXPLORATION TECHN CORP | New buy | +5.3M | 912.4M USD |
| ALPHABET INCNo US ticker on file | New buy | +9.9M | 498.0M USD |
| ALPHABET INCNo US ticker on file | New buy | +9.9M | 494.0M USD |
| GAMESTOP CORPNo US ticker on file | New buy | +336.7M | 341.9M USD |
| SUPER MICRO COMPUTER INCNo US ticker on file | New buy | +372.7M | 332.1M USD |
| BOEING CONo US ticker on file | New buy | +3.7M | 248.4M USD |
| EWZISHARES INC | New buy | +7.1M | 245.7M USD |
| NXPINXP SEMICONDUCTORS N V | New buy | +695.3K | 195.4M USD |
| GAMESTOP CORPNo US ticker on file | New buy | +180.1M | 184.1M USD |
| CCLCARNIVAL CORP LTD | New buy | +6.1M | 174.7M USD |
| SUPER MICRO COMPUTER INCNo US ticker on file | New buy | +3.2M | 164.2M USD |
| DOORDASH INCNo US ticker on file | New buy | +156.5M | 154.3M USD |
| MAKEMYTRIP LIMITED MAURITIUSNo US ticker on file | New buy | +148.4M | 135.3M USD |
| MCHPMICROCHIP TECHNOLOGY INC. | New buy | +1.5M | 133.0M USD |
| STRLSTERLING INFRASTRUCTURE INC | New buy | +156.2K | 131.1M USD |
| JD.COM INCNo US ticker on file | New buy | +132.6M | 130.6M USD |
| FXIISHARES TR | New buy | +4.1M | 129.1M USD |
| SIMOSILICON MOTION TECHNOLOGY CO | New buy | +363.1K | 121.0M USD |
| FDXFFEDEX FGHT HLDG CO INC | New buy | +712.2K | 107.5M USD |
| IQVIQVIA HLDGS INC | New buy | +466.2K | 90.1M USD |
| SPYSTATE STR SPDR S&P 500 ETF T | Added | +13.3M | 10.5B USD |
| NVDANVIDIA CORPORATION | Added | +5.3M | 4.0B USD |
| AMZNAMAZON COM INC | Added | +6.2M | 2.6B USD |
| GOOGALPHABET INC | Added | +1.8M | 2.4B USD |
| QQQINVESCO QQQ TR, call option | Added | +2.5M | 2.4B USD |
| METAMETA PLATFORMS INC | Added | +1.5M | 1.9B USD |
| WBDWARNER BROS DISCOVERY INC | Added | +25.9M | 1.1B USD |
| MAMASTERCARD INCORPORATED | Added | +851.1K | 1.0B USD |
| BRK.BBERKSHIRE HATHAWAY INC DEL | Added | +1.5M | 961.0M USD |
| COFCAPITAL ONE FINL CORP | Added | +2.2M | 918.8M USD |
| MRVLMARVELL TECHNOLOGY INC | Added | +2.2M | 746.1M USD |
| FTNTFORTINET INC | Added | +2.0M | 745.0M USD |
| SHWSHERWIN WILLIAMS CO | Added | +614.3K | 723.4M USD |
| WFCWELLS FARGO & CO | Added | +6.3M | 708.7M USD |
| CLSCELESTICA INC | Added | +881.3K | 684.3M USD |
| COHRCOHERENT CORP | Added | +1.5M | 648.0M USD |
| ICEINTERCONTINENTAL EXCHANGE IN | Added | +2.7M | 633.4M USD |
| AMZNAMAZON COM INC, put option | Added | +596.4K | 573.3M USD |
| LITELUMENTUM HLDGS INC | Added | +654.0K | 573.2M USD |
| INTUINTUIT | Added | +2.1M | 557.4M USD |
| MSFTMICROSOFT CORP | Trimmed | −2.6M | 1.3B USD |
| SNDKSANDISK CORP | Trimmed | −611.0K | 1.3B USD |
| WDCWESTERN DIGITAL CORP | Trimmed | −786.4K | 1.2B USD |
| INTCINTEL CORP | Trimmed | −8.6M | 1.2B USD |
| AVGOBROADCOM INC | Trimmed | −3.8M | 1.0B USD |
| MUMICRON TECHNOLOGY INC | Trimmed | −2.9M | 887.4M USD |
| WDCWESTERN DIGITAL CORP, put option | Trimmed | −341.0K | 500.9M USD |
| JPMJPMORGAN CHASE & CO | Trimmed | −2.0M | 462.7M USD |
| GOOGALPHABET INC, call option | Trimmed | −509.0K | 444.0M USD |
| TSLATESLA INC, put option | Trimmed | −528.1K | 434.4M USD |
| TGTTARGET CORP | Trimmed | −4.8M | 401.6M USD |
| GEGE AEROSPACE | Trimmed | −587.2K | 396.7M USD |
| TSMTAIWAN SEMICONDUCTOR MANUFAC | Trimmed | −2.3M | 369.2M USD |
| AAPLAPPLE INC, call option | Trimmed | −460.4K | 360.5M USD |
| MRVLMARVELL TECHNOLOGY INC, put option | Trimmed | −632.6K | 348.4M USD |
| TSLATESLA INC, call option | Trimmed | −573.4K | 343.4M USD |
| CMGCHIPOTLE MEXICAN GRILL INC | Trimmed | −4.4M | 336.8M USD |
| FCXFREEPORT MCMORAN INC | Trimmed | −3.8M | 335.4M USD |
| CNCCENTENE CORP DEL | Trimmed | −2.3M | 334.6M USD |
| ALABASTERA LABS INC | Trimmed | −839.3K | 328.6M USD |
| WESTERN DIGITAL CORPNo US ticker on file | Sold out | −152.6M | was 1.1B USD |
| SPYSTATE STR SPDR S&P 500 ETF T, call option | Sold out | −900.0K | was 585.3M USD |
| HONHONEYWELL INTL INC | Sold out | −1.2M | was 264.3M USD |
| ADPAUTOMATIC DATA PROCESSING IN | Sold out | −1.2M | was 240.9M USD |
| IBITISHARES BITCOIN TRUST ETF | Sold out | −6.3M | was 240.5M USD |
| WAYFAIR INCNo US ticker on file | Sold out | −92.7M | was 162.2M USD |
| CCLCARNIVAL CORP | Sold out | −5.6M | was 145.8M USD |
| DUKE ENERGY CORP NEWNo US ticker on file | Sold out | −112.9M | was 124.6M USD |
| VENTAS RLTY LTD PARTNERSHIPNo US ticker on file | Sold out | −73.0M | was 109.3M USD |
| BRIDGEBIO PHARMA INCNo US ticker on file | Sold out | −62.8M | was 106.5M USD |
| SOXXISHARES TR | Sold out | −322.5K | was 106.0M USD |
| NVRIENVIRI CORP | Sold out | −5.0M | was 97.7M USD |
| AMERICAN WTR CAP CORPNo US ticker on file | Sold out | −94.1M | was 93.9M USD |
| EWYISHARES INC | Sold out | −682.0K | was 83.9M USD |
| SMHVANECK ETF TRUST | Sold out | −199.5K | was 76.5M USD |
| OKTA INCNo US ticker on file | Sold out | −68.9M | was 68.4M USD |
| SRESEMPRA | Sold out | −672.8K | was 65.4M USD |
| UTHRUNITED THERAPEUTICS CORP DEL | Sold out | −99.1K | was 58.8M USD |
| ZBRAZEBRA TECHNOLOGIES CORPORATI | Sold out | −269.1K | was 56.3M USD |
| OCOWENS CORNING NEW | Sold out | −499.2K | was 54.0M USD |
Rows sharing a company name are separate securities of the same issuer — different share classes or option positions, as filed.
Where is D. E. Shaw & Co.'s money by sector?
Technology (21%) and consumer cyclical (8%) hold 29% of disclosed value, across 4,833 positions; financial services (8%) and healthcare (7%) come next.
By reported value at quarter end; sectors from our reference list, "Other" where none matched
What do people ask about D. E. Shaw & Co.?
What is D. E. Shaw & Co.'s biggest holding?5.0%
As of the quarter ended 30 June 2026, the largest disclosed position was SPY (STATE STR SPDR S&P 500 ETF T), about 5.0% of the disclosed US-listed portfolio by reported value.
What did David Shaw's D. E. Shaw & Co. buy in Q2 2026?928
928 new positions were disclosed for the quarter ended 30 June 2026; the largest were SPCX, ALPHABET INC, ALPHABET INC. Adds and trims are listed in the quarterly-changes table on this page.
How concentrated is the portfolio?11%
Broadly diversified. The top five positions are 11% of disclosed value and the top ten are 15%.
When is D. E. Shaw & Co.'s next 13F due?
13F filings for the quarter ended 30 September 2026 are due by 16 November 2026 — managers have 45 days after each calendar quarter ends. Whether D. E. Shaw & Co. files is up to the manager; we show whatever EDGAR receives.
Does this show the whole portfolio?
No. Form 13F covers US-listed long equity and some options only — no short bets, bonds, cash, private businesses, non-US holdings or timing inside the quarter. Amended filings replace originals; this page always shows the latest canonical version.

Read the form itself on SEC EDGAR or see our plain-words guide to 13F filings — D. E. Shaw & Co. may have already changed these positions since 30 June 2026.
References
- SEC EDGAR Form 13F-HR, quarterly, up to 45 days delayed. Filings are public records. Ticker mapping via SEC public files and OpenFIGI.
- Finazon prior-day close, indicative (IEX-derived, not the official close), some closes dollar-rounded at the source