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D. E. Shaw & Co.

The positions D. E. Shaw & Co. reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.

Reported book
$210bn
+$43.9bn on Q1 2026
Positions
4,833
8 new, 100 sold out
Top ten weight
15%
Spread across the book
Quarter
Q2 2026
Filed 14 Aug 2026
Read the Q2 2026 filing on sec.gov CIK 0001009207 · Quant / systematic · NY
Reported book by quarter
$0$105bn$210bnQ3 24: $116bn$116bnQ3 24Q4 24: $136bn$136bnQ4 24Q1 25: $112bn$112bnQ1 25Q2 25: $141bn$141bnQ2 25Q3 25: $177bn$177bnQ3 25Q4 25: $182bn$182bnQ4 25Q1 26: $166bn$166bnQ1 26Q2 26: $210bn$210bnQ2 26
Largest positions, share of the book
State STR SPDR S&P 500 ETF T: 5.0%State STR SPDR S&P 500 …5.0%Nvidia Corporation (NVDA): 1.9%Nvidia Corporation (NVD…1.9%Alphabet Inc: 1.3%Alphabet Inc1.3%Amazon Com Inc (AMZN): 1.2%Amazon Com Inc (AMZN)1.2%Alphabet Inc: 1.1%Alphabet Inc1.1%Invesco QQQ TR: 1.1%Invesco QQQ TR1.1%Meta Platforms Inc (META): 0.9%Meta Platforms Inc (MET…0.9%Tesla Inc (TSLA): 0.9%Tesla Inc (TSLA)0.9%Advanced Micro Devices Inc (AMD): 0.9%Advanced Micro Devices …0.9%Crowdstrike HLDGS Inc: 0.8%Crowdstrike HLDGS Inc0.8%

Opened this quarter

A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.

  • Space Exploration Techn Corp$912m · 0.4%
  • Alphabet Inc$498m · 0.2%
  • Alphabet Inc$494m · 0.2%
  • Select Sector SPDR TR$400m · 0.2%
  • Gamestop Corp$342m · 0.2%
  • Super Micro Computer Inc$332m · 0.2%
  • Boeing Co$248m · 0.1%
  • iShares Inc$246m · 0.1%

Sold out of this quarter

Exits are valued at what the position was worth in the previous filing, because by this one it is gone.

  • Western Digital Corp (WDC)$1.1bn held before
  • Honeywell Intl Inc$264m held before
  • Automatic Data Processing In$245m held before
  • iShares Bitcoin Trust ETF (IBIT)$241m held before
  • Wayfair Inc (W)$162m held before
  • Carnival Corp (CCL)$146m held before
  • Duke Energy Corp New$125m held before
  • Ventas Rlty LTD Partnership$109m held before
  • Bridgebio Pharma Inc (BBIO)$107m held before
  • iShares TR$106m held before
  • Enviri Corp (NVRI)$98m held before
  • American WTR Cap Corp$94m held before
  • and 88 more.

Every reported position, Q2 2026

200 positions, sorted by weight · page 1 of 2

PositionWeight ↓ValueSharesChange on the quarterAction
State STR SPDR S&P 500 ETF T
TR UNIT · CUSIP 78462F103
5.0%$10.5bn14,028,230
+$10.0bn
+13,282,720 shares
Added
Nvidia Corporation (NVDA)
COM · CUSIP 67066G104
1.9%$4.0bn20,042,818
+$1.4bn
+5,337,603 shares
Added
Alphabet Inc
CAP STK CL A · CUSIP 02079K305
1.3%$2.8bn7,915,724
+$856m
+1,055,455 shares
Added
Amazon Com Inc (AMZN)
COM · CUSIP 023135106
1.2%$2.6bn10,945,883
+$1.6bn
+6,214,659 shares
Added
Alphabet Inc
CAP STK CL C · CUSIP 02079K107
1.1%$2.4bn6,751,217
+$955m
+1,763,382 shares
Added
Invesco QQQ TR
UNIT SER 1 CALL · CUSIP 46090E103
1.1%$2.4bn3,200,000
+$1.9bn
+2,450,000 shares
Added
Meta Platforms Inc (META)
CL A · CUSIP 30303M102
0.9%$1.9bn3,397,091
+$834m
+1,510,567 shares
Added
Tesla Inc (TSLA)
COM · CUSIP 88160R101
0.9%$1.8bn4,349,492
+$210m
-7,901 shares
Trimmed
Advanced Micro Devices Inc (AMD)
COM · CUSIP 007903107
0.9%$1.8bn3,082,478
+$1.0bn
-770,833 shares
Trimmed
Crowdstrike HLDGS Inc
CL A · CUSIP 22788C105
0.8%$1.6bn2,133,301
+$920m
+318,833 shares
Added
Apple Inc (AAPL)
COM · CUSIP 037833100
0.8%$1.6bn5,603,656
-$153m
-1,386,130 shares
Trimmed
Home Depot Inc (HD)
COM · CUSIP 437076102
0.7%$1.5bn4,315,830
+$285m
+555,621 shares
Added
Microsoft Corp (MSFT)
COM · CUSIP 594918104
0.6%$1.3bn3,563,793
-$954m
-2,604,177 shares
Trimmed
Seagate Technology Hldngs PL
ORD SHS · CUSIP G7997R103
0.6%$1.3bn1,354,377
+$802m
+64,804 shares
Added
SanDisk Corp (SNDK)
COM · CUSIP 80004C200
0.6%$1.3bn561,911
+$532m
-611,017 shares
Trimmed
Bloom Energy Corp (BE)
COM CL A · CUSIP 093712107
0.6%$1.3bn4,158,295
+$688m
-51,162 shares
Trimmed
Western Digital Corp (WDC)
COM · CUSIP 958102105
0.6%$1.2bn1,901,787
+$488m
-786,443 shares
Trimmed
Micron Technology Inc (MU)
COM PUT · CUSIP 595112103
0.6%$1.2bn1,047,600
+$767m
-261,100 shares
Trimmed
Intel Corp (INTC)
COM · CUSIP 458140100
0.6%$1.2bn8,390,168
+$423m
-8,566,417 shares
Trimmed
General MTRS Co
COM · CUSIP 37045V100
0.6%$1.2bn15,000,837
+$239m
+2,682,798 shares
Added
Boston Scientific Corp (BSX)
COM · CUSIP 101137107
0.5%$1.1bn25,457,409
-$439m
+1,145,057 shares
Added
Warner Bros Discovery Inc (WBD)
COM SER A · CUSIP 934423104
0.5%$1.1bn40,750,490
+$678m
+25,861,087 shares
Added
Broadcom Inc (AVGO)
COM · CUSIP 11135F101
0.5%$1.0bn2,722,161
-$992m
-3,805,547 shares
Trimmed
Mastercard Incorporated (MA)
CL A · CUSIP 57636Q104
0.5%$1.0bn1,987,325
+$453m
+851,106 shares
Added
Micron Technology Inc (MU)
COM CALL · CUSIP 595112103
0.5%$981m849,600
+$694m
+1,400 shares
Added
Berkshire Hathaway Inc Del
CL B NEW · CUSIP 084670702
0.5%$961m1,920,532
+$737m
+1,452,328 shares
Added
Advanced Micro Devices Inc (AMD)
COM PUT · CUSIP 007903107
0.4%$922m1,586,700
+$537m
-303,800 shares
Trimmed
Capital One Finl Corp
COM · CUSIP 14040H105
0.4%$919m4,579,708
+$488m
+2,216,757 shares
Added
Space Exploration Techn Corp
CLASS A COM STK · CUSIP 84615Q103
0.4%$912m5,340,000No earlier filingNew
Micron Technology Inc (MU)
COM · CUSIP 595112103
0.4%$887m768,773
-$349m
-2,889,703 shares
Trimmed
Visa Inc (V)
COM CL A · CUSIP 92826C839
0.4%$886m2,582,817
+$194m
+293,064 shares
Added
Norfolk Southn Corp
COM · CUSIP 655844108
0.4%$818m2,601,202
+$169m
+337,722 shares
Added
Costco Wholesale Corporation (COST)
COM · CUSIP 22160K105
0.4%$817m873,316
-$65m
-11,842 shares
Trimmed
3M Co (MMM)
COM · CUSIP 88579Y101
0.4%$789m4,871,164
+$20m
-420,546 shares
Trimmed
Citigroup Inc
COM NEW · CUSIP 172967424
0.4%$786m5,616,122
+$182m
+292,745 shares
Added
Nvidia Corporation (NVDA)
COM PUT · CUSIP 67066G104
0.4%$782m3,907,100
+$74m
-150,700 shares
Trimmed
Marvell Technology Inc (MRVL)
COM · CUSIP 573874104
0.4%$746m2,504,623
+$713m
+2,174,103 shares
Added
Fortinet Inc (FTNT)
COM · CUSIP 34959E109
0.4%$745m4,849,811
+$511m
+1,982,474 shares
Added
Sherwin Williams Co (SHW)
COM · CUSIP 824348106
0.3%$723m2,100,884
+$247m
+614,302 shares
Added
Advanced Micro Devices Inc (AMD)
COM CALL · CUSIP 007903107
0.3%$720m1,239,900
+$405m
-309,100 shares
Trimmed
Wells Fargo & Co
COM · CUSIP 949746101
0.3%$709m8,575,688
+$530m
+6,332,444 shares
Added
Celestica Inc (CLS)
COM · CUSIP 15101Q207
0.3%$684m1,876,165
+$404m
+881,280 shares
Added
Coherent Corp (COHR)
COM · CUSIP 19247G107
0.3%$648m1,642,670
+$621m
+1,530,168 shares
Added
Lumentum HLDGS Inc
COM PUT · CUSIP 55024U109
0.3%$636m741,700
+$185m
+99,500 shares
Added
Intercontinental Exchange In
COM · CUSIP 45866F104
0.3%$633m5,145,207
+$244m
+2,670,742 shares
Added
Alphabet Inc
CAP STK CL A CALL · CUSIP 02079K305
0.3%$631m1,765,700
+$73m
-176,000 shares
Trimmed
Insmed Inc (INSM)
COM PAR $.01 · CUSIP 457669307
0.3%$627m5,877,959
-$293m
+252,134 shares
Added
Bloom Energy Corp (BE)
COM CL A PUT · CUSIP 093712107
0.3%$615m2,030,400
+$355m
+112,700 shares
Added
Targa Res Corp
COM · CUSIP 87612G101
0.3%$611m2,279,804
+$2.5m
-148,221 shares
Trimmed
Lumentum HLDGS Inc
COM CALL · CUSIP 55024U109
0.3%$605m705,000
+$120m
+14,600 shares
Added
Eli Lilly & Co (LLY)
COM · CUSIP 532457108
0.3%$596m496,563
+$9.3m
-140,819 shares
Trimmed
Amazon Com Inc (AMZN)
COM PUT · CUSIP 023135106
0.3%$573m2,405,500
+$197m
+596,400 shares
Added
Lumentum HLDGS Inc
COM · CUSIP 55024U109
0.3%$573m668,011
+$563m
+654,005 shares
Added
Intuit (INTU)
COM · CUSIP 461202103
0.3%$557m2,135,509
+$550m
+2,117,580 shares
Added
Microsoft Corp (MSFT)
COM PUT · CUSIP 594918104
0.3%$540m1,446,200
+$34m
+81,200 shares
Added
American Express Co (AXP)
COM · CUSIP 025816109
0.3%$535m1,580,103
-$65m
-402,235 shares
Trimmed
Schwab Charles Corp
COM · CUSIP 808513105
0.3%$533m5,779,607
+$288m
+3,163,794 shares
Added
Abbvie Inc (ABBV)
COM · CUSIP 00287Y109
0.3%$529m2,102,316
+$383m
+1,429,326 shares
Added
RTX Corporation (RTX)
COM · CUSIP 75513E101
0.2%$524m2,760,281
+$276m
+1,478,237 shares
Added
Cheniere Energy Inc (LNG)
COM NEW · CUSIP 16411R208
0.2%$517m2,161,262
+$11m
+378,402 shares
Added
Meta Platforms Inc (META)
CL A PUT · CUSIP 30303M102
0.2%$516m916,700
+$3.7m
+20,700 shares
Added
Sysco Corp (SYY)
COM · CUSIP 871829107
0.2%$505m6,047,049
+$225m
+2,121,521 shares
Added
Western Digital Corp (WDC)
COM PUT · CUSIP 958102105
0.2%$501m784,200
+$197m
-341,000 shares
Trimmed
AT&T Inc
COM · CUSIP 00206R102
0.2%$498m24,079,356
-$155m
+1,555,147 shares
Added
Alphabet Inc
DEP SHS RP1/20 A · CUSIP 02079K404
0.2%$498m9,855,000No earlier filingNew
Devon Energy Corp New
COM · CUSIP 25179M103
0.2%$498m12,044,728
+$305m
+8,210,181 shares
Added
Alphabet Inc
DEP SHS RP1/20 B · CUSIP 02079K602
0.2%$494m9,855,000No earlier filingNew
Nvidia Corporation (NVDA)
COM CALL · CUSIP 67066G104
0.2%$487m2,434,000
-$78m
-805,100 shares
Trimmed
Cisco Sys Inc
COM · CUSIP 17275R102
0.2%$481m4,092,136
+$436m
+3,510,932 shares
Added
Cloudflare Inc (NET)
CL A COM · CUSIP 18915M107
0.2%$478m1,947,802
+$212m
+660,556 shares
Added
Diamondback Energy Inc (FANG)
COM · CUSIP 25278X109
0.2%$474m2,693,758
+$140m
+1,004,964 shares
Added
Amgen Inc (AMGN)
COM · CUSIP 031162100
0.2%$467m1,290,217
+$405m
+1,112,208 shares
Added
JPMorgan Chase & Co
COM · CUSIP 46625H100
0.2%$463m1,413,451
-$555m
-2,044,589 shares
Trimmed
Strategy Inc
NOTE 3/0 · CUSIP 594972AU5
0.2%$459m516,995,000
+$60m
+60,000,000 shares
Added
Te Connectivity PLC (TEL)
ORD SHS · CUSIP G87052109
0.2%$450m2,229,471
-$23m
-29,014 shares
Trimmed
Oracle Corp
COM · CUSIP 68389X105
0.2%$445m3,036,223
+$140m
+962,891 shares
Added
Alphabet Inc
CAP STK CL C CALL · CUSIP 02079K107
0.2%$444m1,256,700
-$63m
-509,000 shares
Trimmed
General Dynamics Corp (GD)
COM · CUSIP 369550108
0.2%$440m1,242,347
+$127m
+329,255 shares
Added
Cipher Digital Inc (CIFR)
COM CALL · CUSIP 17253J106
0.2%$435m17,740,400
+$206m
0 shares
Held
Tesla Inc (TSLA)
COM PUT · CUSIP 88160R101
0.2%$434m1,032,900
-$146m
-528,100 shares
Trimmed
Dell Technologies Inc (DELL)
CL C · CUSIP 24703L202
0.2%$420m973,711
+$419m
+966,082 shares
Added
Las Vegas Sands Corp (LVS)
COM · CUSIP 517834107
0.2%$418m9,052,131
-$42m
+514,715 shares
Added
Toronto Dominion BK Ont
COM NEW PUT · CUSIP 891160509
0.2%$407m3,349,000
+$111m
+182,000 shares
Added
Palantir Technologies Inc (PLTR)
CL A PUT · CUSIP 69608A108
0.2%$403m3,450,500
-$66m
+249,500 shares
Added
Target Corp
COM · CUSIP 87612E106
0.2%$402m3,074,795
-$556m
-4,826,600 shares
Trimmed
Select Sector SPDR TR
ST STR ENERG ETF · CUSIP 81369Y506
0.2%$400m7,531,605No earlier filingNew
Ge Aerospace
COM NEW · CUSIP 369604301
0.2%$397m1,061,594
-$71m
-587,223 shares
Trimmed
Cloudflare Inc (NET)
CL A COM CALL · CUSIP 18915M107
0.2%$396m1,614,400
+$61m
-8,800 shares
Trimmed
Otis Worldwide Corp (OTIS)
COM · CUSIP 68902V107
0.2%$389m5,439,203
+$123m
+1,984,275 shares
Added
Unitedhealth Group Inc (UNH)
COM PUT · CUSIP 91324P102
0.2%$383m920,200
+$63m
-262,400 shares
Trimmed
Palantir Technologies Inc (PLTR)
CL A · CUSIP 69608A108
0.2%$381m3,261,919
-$190m
-636,752 shares
Trimmed
Teck Resources LTD
CL B · CUSIP 878742204
0.2%$370m6,217,769
+$129m
+1,558,613 shares
Added
Taiwan Semiconductor Manufac
SPONSORED ADS · CUSIP 874039100
0.2%$369m773,051
-$665m
-2,285,747 shares
Trimmed
Mckesson Corp (MCK)
COM · CUSIP 58155Q103
0.2%$366m483,843
+$319m
+430,496 shares
Added
Seagate Technology Hldngs PL
ORD SHS PUT · CUSIP G7997R103
0.2%$364m377,200
+$251m
+89,400 shares
Added
Rivian Automotive Inc
COM CL A · CUSIP 76954A103
0.2%$361m20,832,777
+$232m
+12,203,342 shares
Added
Liberty Media Corp Del
COM LBTY ONE S C · CUSIP 531229755
0.2%$361m3,790,937
+$84m
+533,874 shares
Added
Oscar Health Inc (OSCR)
CL A · CUSIP 687793109
0.2%$361m12,643,617
+$298m
+7,158,332 shares
Added
Apple Inc (AAPL)
COM CALL · CUSIP 037833100
0.2%$361m1,245,900
-$73m
-460,400 shares
Trimmed
Booking Holdings Inc (BKNG)
COM · CUSIP 09857L108
0.2%$360m2,019,094
-$258m
+1,872,445 shares
Added

Every filing on file

QuarterPeriod endFiledBookPositionsTop 10Filing
Q2 202630 Jun 202614 Aug 2026$210bn4,83315%13F-HR
Q1 202631 Mar 202615 May 2026$166bn4,47011%13F-HR
Q4 202531 Dec 202517 Feb 2026$182bn4,55812%13F-HR
Q3 202530 Sept 202514 Nov 2025$177bn4,50913%13F-HR
Q2 202530 Jun 202514 Aug 2025$141bn4,30612%13F-HR
Q1 202531 Mar 202515 May 2025$112bn4,19811%13F-HR
Q4 202431 Dec 202414 Feb 2025$136bn4,34811%13F-HR
Q3 202430 Sept 202414 Nov 2024$116bn4,4949.6%13F-HR

Taking this into the room

Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.

A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.

Compare this against every other manager →How a hedge fund interview runs →

What this filing leaves out

A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.

The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More