量化多策略Quant multi-strategy · famous
D. E. Shaw
德劭
公开持仓Public holdings
13F-RS 研究可用度13F-RS research usability
52.0
覆盖coverage 75% · 置信confidence B
结论先行Answer first
前五大占13.8%，最值得继续核验的动作是增持STATE STR SPDR S&P 500 ETF TTop five represent 13.8%; increase in STATE STR SPDR S&P 500 ETF T is the clearest next diligence lead
最大可见非期权证券持仓为STATE STR SPDR S&P 500 ETF T（5.0%）；季度快照换手代理为33.5%，前十大延续率为100.0%。该机构归入“量化多策略”，13F只能解释公开的美国可报告证券多头。
The largest visible non-option security is STATE STR SPDR S&P 500 ETF T (5.0%). The quarterly snapshot turnover proxy is 33.5%, and top-ten persistence is 100.0%. The manager is classified as Quant/multi-strategy; 13F covers only visible reportable U.S. long securities.
按上季可见权重 × 股数降幅排序；完整非期权证券变化见下方。Ranked by prior visible weight × share decline; the full non-option security changes appear below.
下一步Next diligence
把增持STATE STR SPDR S&P 500 ETF T作为研究线索，结合公司基本面、估值、催化剂及13D/G核验；不要直接跟单。
Treat the increase in STATE STR SPDR S&P 500 ETF T as a research lead and verify fundamentals, valuation, catalysts and any 13D/G filings; do not copy mechanically.
CUSIP bridge · terminal event
公司行动换算与事件退出Corporate-action adjustments and event exits
下列旧证券没有被机械写成“清仓”。股票事件按权威比例恢复可比基线；现金/CVR并购没有 13F 继承证券，直接从卖出分类剔除。
These obsolete securities are not mechanically labeled as exits. Stock events use primary-source ratios to restore comparable baselines; cash/CVR mergers have no 13F successor and are excluded from sale classification.
| 生效日Effective | 上季证券Prior security | 可比证券 / 事件处置Comparable security / event treatment | 证据Evidence |
|---|---|---|---|
| 2026-04-09 | SEALED AIR CORP NEWCUSIP 81211K100 · 238,206 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceCD&R 完成收购；每股 42.15 美元现金，证券注销，不推断为管理人主动卖出CD&R completed the acquisition for $42.15 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-04-27 | AMICUS THERAPEUTICSCUSIP 03152W109 · 488,098 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceBioMarin 完成收购；每股 14.50 美元现金，证券注销，不推断为管理人主动卖出BioMarin completed the acquisition for $14.50 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-05-05 | TERNS PHARMACEUTICALS INCCUSIP 880881107 · 201,191 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceMerck 完成要约收购及合并；每股 53 美元现金，证券注销，不推断为管理人主动卖出Merck completed the tender offer and merger for $53 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-05-07 | COTERRA ENERGY INCCUSIP 127097103 · 648,772 股shares | DEVON ENERGY CORP NEWCUSIP 25179M103换股所得 454,140 股 + 原有继承证券 3,834,547 股 = 可比基准 4,288,687 股；本季申报 12,044,728 股Converted 454,140 shares + 3,834,547 pre-existing successor shares = 4,288,687 comparable baseline shares; current filing 12,044,728 shares | 核验来源Verification sourceCoterra 与 Devon 完成全股票合并；每股 Coterra 换 0.70 股 Devon，先并入原有 Devon 基线再比较Coterra and Devon completed an all-stock merger; each Coterra share converted into 0.70 Devon shares, which are added to any existing Devon baseline before comparison |
| 2026-05-14 | TRI POINTE HOMES INCCUSIP 87265H109 · 329,123 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceSumitomo Forestry 完成收购；每股 47 美元现金，证券注销，不推断为管理人主动卖出Sumitomo Forestry completed the acquisition for $47 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-05-14 | APELLIS PHARMACEUTICALS INCCUSIP 03753U106 · 186,853 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceBiogen 完成收购；每股 41 美元现金加一份最高 4 美元的 CVR，证券注销，不推断为管理人主动卖出Biogen completed the acquisition for $41 cash plus one CVR worth up to $4 per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-05-18 | SOLENO THERAPEUTICS INCCUSIP 834203309 · 30,247 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceNeurocrine 完成收购；每股 53 美元现金，证券注销，不推断为管理人主动卖出Neurocrine completed the acquisition for $53 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-06-10 | MASIMO CORPCUSIP 574795100 · 19,789 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceDanaher 完成收购；每股 180 美元现金，证券注销，不推断为管理人主动卖出Danaher completed the acquisition for $180 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-06-24 | CENTESSA PHARMACEUTICALS PLCCUSIP 152309100 · 643,808 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourceLilly 完成收购；每股 38 美元现金加一份最高 9 美元的 CVR，ADS 注销，不推断为管理人主动卖出Lilly completed the acquisition for $38 cash plus one CVR worth up to $9 per share; the ADS was cancelled, so no manager-initiated sale is inferred |
| 2026-06-25 | CLEARWATER ANALYTICS HLDGS ICUSIP 185123106 · 23,643 股shares | 现金/CVR 已结算；无 13F 继承证券。本项列入公司事件，不推断为主动卖出。Cash/CVR settled with no 13F successor security. This is recorded as a corporate event, not inferred as an active sale. | 核验来源Verification sourcePermira 与 Warburg Pincus 牵头的投资者集团完成私有化；每股 24.55 美元现金，证券注销，不推断为管理人主动卖出A Permira- and Warburg Pincus-led investor group completed the take-private for $24.55 cash per share; the security was cancelled, so no manager-initiated sale is inferred |
| 2026-04-20 | ASCENDIS PHARMA A/SCUSIP 04351P101 · 1,062 股shares | ASCENDIS PHARMA A/SCUSIP K08588103权威比例基准 1,062 股；本季申报 30,883 股Primary-ratio baseline 1,062 shares; current filing 30,883 shares | 核验来源Verification sourceADS 按 1:1 强制转换为普通股并更换 CUSIPMandatory 1:1 ADS-to-ordinary-share exchange and CUSIP change |
| 2026-05-04 | THOMSON REUTERS CORPCUSIP 884903808 · 11,634 股shares | THOMSON REUTERS CORPCUSIP 884903881权威比例基准 11,454 股；本季申报 0 股Primary-ratio baseline 11,454 shares; current filing 0 shares | 核验来源Verification source资本返还后按 0.984560:1 合股并更换 CUSIP0.984560-for-1 share consolidation after a return of capital, with a CUSIP change |
| 2026-05-07 | CARNIVAL CORPCUSIP 143658300 · 5,635,318 股shares | CARNIVAL CORP LTDCUSIP G2004J103权威比例基准 5,635,318 股；本季申报 6,115,089 股Primary-ratio baseline 5,635,318 shares; current filing 6,115,089 shares | 核验来源Verification source公司结构简化及迁册，旧股按 1:1 对应新 CUSIPCorporate simplification and redomiciliation, with old shares mapped 1:1 to the new CUSIP |
| 2026-06-24 | DUPONT DE NEMOURS INCCUSIP 26614N102 · 1,143,763 股shares | DUPONT DE NEMOURS INCCUSIP 26614N201权威比例基准 381,254 股；本季申报 80,431 股Primary-ratio baseline 381,254 shares; current filing 80,431 shares | 核验来源Verification source1:3 反向拆股并更换 CUSIP1-for-3 reverse stock split and CUSIP change |
| 2026-06-29 | HONEYWELL INTL INCCUSIP 438516106 · 1,169,465 股shares | HONEYWELL AEROSPACE INCCUSIP 43849R105权威比例基准 584,732 股；本季申报 86,233 股Primary-ratio baseline 584,732 shares; current filing 86,233 shares HONEYWELL INTL INCCUSIP 438516205权威比例基准 584,732 股；本季申报 85,733 股Primary-ratio baseline 584,732 shares; current filing 85,733 shares | 核验来源Verification source航天业务分拆，同时原公司 1:2 反向拆股并更换 CUSIPAerospace spin-off plus a 1-for-2 reverse split and CUSIP change for the remaining company |
| 2026-06-30 | MARQETA INCCUSIP 57142B104 · 323,500 股shares | MARQETA INCCUSIP 57142B203权威比例换算为 80,875 股；本季却申报 460,258 股，因口径冲突不计算变化Primary ratio implies 80,875 shares, while the current filing reports 460,258; no change is calculated because the conventions conflict季末报量口径冲突，本季只桥接身份、不分类买卖Quarter-end quantity convention conflict; identity bridged without trade classification | 核验来源Verification source1:4 反向拆股在季末收盘生效；部分13F用新CUSIP但仍报拆股前数量，本季只桥接身份、不推断交易A 1-for-4 reverse split took effect at the quarter-end close; some 13Fs use the new CUSIP with pre-split quantities, so this quarter bridges identity without inferring trading |
CIK · accession · accepted date
本季申报链Current filing chain
先展示 13F-NT 关系通知，再展示解析到的 13F-HR / HR-A。价值单位说明保留检测结果和归一化倍数。
Relationship notices appear before resolved 13F-HR / HR-A filings. Unit notes preserve the detection result and normalization multiplier.
| 法律申报人Legal filer | CIK | Form | Accession | 申报日Filed | 解析 / 单位说明Resolution / unit note |
|---|---|---|---|---|---|
| D. E. Shaw & Co., Inc. | CIK 0001009207 | 13F-HR | 0001104659-26-097217 | 2026-08-14 | usd_consistent_with_implied_prices |
2026-03-31 → 2026-06-30
持仓与季度变化Holdings and quarterly change
前十大可见非期权证券Top visible non-option holdings 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF TTR UNIT · CUSIP 78462F103 | — | $10.48bn | 4.98% | 14,028,230 | 1,781.7% |
| NVIDIA CORPORATIONCOM · CUSIP 67066G104 | — | $4.01bn | 1.91% | 20,042,818 | 36.3% |
| ALPHABET INCCAP STK CL A · CUSIP 02079K305 | — | $2.83bn | 1.35% | 7,915,724 | 15.4% |
| AMAZON COM INCCOM · CUSIP 023135106 | — | $2.61bn | 1.24% | 10,945,883 | 131.3% |
| ALPHABET INCCAP STK CL C · CUSIP 02079K107 | — | $2.39bn | 1.14% | 6,751,217 | 35.4% |
| META PLATFORMS INCCL A · CUSIP 30303M102 | — | $1.91bn | 0.91% | 3,397,091 | 80.1% |
| TESLA INCCOM · CUSIP 88160R101 | — | $1.83bn | 0.87% | 4,349,492 | -0.2% |
| ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107 | — | $1.79bn | 0.85% | 3,082,478 | -20.0% |
| CROWDSTRIKE HLDGS INCCL A · CUSIP 22788C105 | — | $1.63bn | 0.77% | 2,133,301 | 17.6% |
| APPLE INCCOM · CUSIP 037833100 | — | $1.62bn | 0.77% | 5,603,656 | -19.8% |
新建仓位New positions 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| SPACE EXPLORATION TECHN CORPCLASS A COM STK · CUSIP 84615Q103 | — | $912.4m | 0.43% | 5,340,000 | — |
| ALPHABET INCDEP SHS RP1/20 A · CUSIP 02079K404 | — | $498.0m | 0.24% | 9,855,000 | — |
| ALPHABET INCDEP SHS RP1/20 B · CUSIP 02079K602 | — | $494.0m | 0.23% | 9,855,000 | — |
| GAMESTOP CORPNOTE 6/1 · CUSIP 36467WAG4 | — | $341.9m | 0.16% | 336,725,000 | — |
| SUPER MICRO COMPUTER INCNOTE 6/1 · CUSIP 86800UAF1 | — | $332.1m | 0.16% | 372,692,000 | — |
| BOEING CODEP CONV PFD A · CUSIP 097023204 | — | $248.4m | 0.12% | 3,664,000 | — |
| ISHARES INCMSCI BRAZIL ETF · CUSIP 464286400 | — | $245.7m | 0.12% | 7,120,968 | — |
| NXP SEMICONDUCTORS N VCOM · CUSIP N6596X109 | — | $195.4m | 0.09% | 695,266 | — |
| GAMESTOP CORPNOTE 4/0 · CUSIP 36467WAE9 | — | $184.1m | 0.09% | 180,120,000 | — |
| SUPER MICRO COMPUTER INC7 DEP CM SR A WI · CUSIP 86800U500 | — | $164.2m | 0.08% | 3,200,000 | — |
增持仓位Added positions 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF TTR UNIT · CUSIP 78462F103 | — | $10.48bn | 4.98% | 14,028,230 | 1,781.7% |
| AMAZON COM INCCOM · CUSIP 023135106 | — | $2.61bn | 1.24% | 10,945,883 | 131.3% |
| BOSTON SCIENTIFIC CORPCOM · CUSIP 101137107 | — | $1.09bn | 0.52% | 25,457,409 | 4.7% |
| NVIDIA CORPORATIONCOM · CUSIP 67066G104 | — | $4.01bn | 1.91% | 20,042,818 | 36.3% |
| CROWDSTRIKE HLDGS INCCL A · CUSIP 22788C105 | — | $1.63bn | 0.77% | 2,133,301 | 17.6% |
| MARVELL TECHNOLOGY INCCOM · CUSIP 573874104 | — | $746.1m | 0.35% | 2,504,623 | 657.8% |
| BERKSHIRE HATHAWAY INC DELCL B NEW · CUSIP 084670702 | — | $961.0m | 0.46% | 1,920,532 | 310.2% |
| SEAGATE TECHNOLOGY HLDNGS PLORD SHS · CUSIP G7997R103 | — | $1.31bn | 0.62% | 1,354,377 | 5.0% |
| COHERENT CORPCOM · CUSIP 19247G107 | — | $648.0m | 0.31% | 1,642,670 | 1,360.1% |
| ALPHABET INCCAP STK CL C · CUSIP 02079K107 | — | $2.39bn | 1.14% | 6,751,217 | 35.4% |
减持仓位Reduced positions 10
用公司行动调整后的股数判断，按上季可见权重 × 股数降幅排序；报告权重变化不是交易量。Classified from corporate-action-adjusted shares and ranked by prior visible weight × share decline; reported weight change is not trading volume.
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| BROADCOM INCCOM · CUSIP 11135F101 | — | $1.03bn | 0.49% | 2,722,161 | -58.3% |
| MICRON TECHNOLOGY INCCOM · CUSIP 595112103 | — | $887.4m | 0.42% | 768,773 | -79.0% |
| MICROSOFT CORPCOM · CUSIP 594918104 | — | $1.33bn | 0.63% | 3,563,793 | -42.2% |
| TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS · CUSIP 874039100 | — | $369.2m | 0.18% | 773,051 | -74.7% |
| LUMENTUM HLDGS INCNOTE 1.500%12/1 · CUSIP 55024UAH2 | — | $69.2m | 0.03% | 5,620,000 | -93.0% |
| TEXAS INSTRS INCCOM · CUSIP 882508104 | — | $307.6m | 0.15% | 1,032,082 | -76.0% |
| JPMORGAN CHASE & COCOM · CUSIP 46625H100 | — | $462.7m | 0.22% | 1,413,451 | -59.1% |
| TARGET CORPCOM · CUSIP 87612E106 | — | $401.6m | 0.19% | 3,074,795 | -61.1% |
| ASML HLDG NVN Y REGISTRY SHS · CUSIP N07059210 | — | $68.4m | 0.03% | 34,386 | -91.7% |
| ROSS STORES INCCOM · CUSIP 778296103 | — | $259.3m | 0.12% | 1,218,256 | -65.6% |
退出候选Apparent exits 10
仅表示排除已知公司事件后，本期未见同一可比证券；到期、退市及未知事件仍须核验。Only means the comparable security is absent after known event checks; maturities, delistings and unknown events still require review.
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| WESTERN DIGITAL CORPNOTE 3.000% 11/1 · CUSIP 958102AT2 | — | $1.09bn | 0.66% | 152,584,000 | -100.0% |
| AUTOMATIC DATA PROCESSING INCOM · CUSIP 053015103 | — | $240.9m | 0.14% | 1,185,559 | -100.0% |
| ISHARES BITCOIN TRUST ETFSHS BEN INT · CUSIP 46438F101 | — | $240.5m | 0.14% | 6,260,451 | -100.0% |
| WAYFAIR INCNOTE 3.500% 11/1 · CUSIP 94419LAR2 | — | $162.2m | 0.10% | 92,655,000 | -100.0% |
| DUKE ENERGY CORP NEWNOTE 4.125% 4/1 · CUSIP 26441CBY0 | — | $124.6m | 0.07% | 112,873,000 | -100.0% |
| VENTAS RLTY LTD PARTNERSHIPNOTE 3.750% 6/0 · CUSIP 92277GAZ0 | — | $109.3m | 0.07% | 72,988,000 | -100.0% |
| BRIDGEBIO PHARMA INCNOTE 1.750% 3/0 · CUSIP 10806XAJ1 | — | $106.5m | 0.06% | 62,780,000 | -100.0% |
| ISHARES TRISHARES SEMICDTR · CUSIP 464287523 | — | $106.0m | 0.06% | 322,500 | -100.0% |
| ENVIRI CORPCOM · CUSIP 415864107 | — | $97.7m | 0.06% | 4,980,660 | -100.0% |
| AMERICAN WTR CAP CORPNOTE 3.625% 6/1 · CUSIP 03040WBE4 | — | $93.9m | 0.06% | 94,081,000 | -100.0% |
期权切片Options slice 10
Put/Call 股数是标的股数；13F 没有执行价、到期日、权利金或净方向。Put/call shares are underlying shares; 13F omits strike, expiry, premium and net direction.
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| INVESCO QQQ TRUNIT SER 1 · CUSIP 46090E103 | CALL | $2.36bn | 1.12% | 3,200,000 | 326.7% |
| MICRON TECHNOLOGY INCCOM · CUSIP 595112103 | PUT | $1.21bn | 0.57% | 1,047,600 | -19.9% |
| MICRON TECHNOLOGY INCCOM · CUSIP 595112103 | CALL | $980.7m | 0.47% | 849,600 | 0.2% |
| ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107 | PUT | $921.7m | 0.44% | 1,586,700 | -16.1% |
| NVIDIA CORPORATIONCOM · CUSIP 67066G104 | PUT | $781.8m | 0.37% | 3,907,100 | -3.7% |
| ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107 | CALL | $720.3m | 0.34% | 1,239,900 | -19.9% |
| LUMENTUM HLDGS INCCOM · CUSIP 55024U109 | PUT | $636.4m | 0.30% | 741,700 | 15.5% |
| ALPHABET INCCAP STK CL A · CUSIP 02079K305 | CALL | $631.0m | 0.30% | 1,765,700 | -9.1% |
| BLOOM ENERGY CORPCOM CL A · CUSIP 093712107 | PUT | $614.6m | 0.29% | 2,030,400 | 5.9% |
| LUMENTUM HLDGS INCCOM · CUSIP 55024U109 | CALL | $604.9m | 0.29% | 705,000 | 2.1% |
13F-RS-v1.0
评分拆解Score breakdown
| 维度Dimension | 得分Score | 相对满分Relative to max | 比例Ratio |
|---|---|---|---|
| 申报完整性Filing integrity | 15.0 / 15 | 100% | |
| 实体映射Entity mapping | 10.0 / 10 | 100% | |
| 策略适配度Strategy fit | 5.2 / 15 | 35% | |
| 集中度信息密度Concentration signal | 2.8 / 10 | 28% | |
| 高确信度可识别性Conviction identifiability | 1.3 / 15 | 9% | |
| 延续性 / 换手Persistence / turnover | 8.0 / 10 | 80% | |
| 申报时滞Filing lag | 0.0 / 10 | 0% | |
| 不可见风险Opacity risk | 5.5 / 10 | 55% | |
| 独立共识Independent consensus | 4.2 / 5 | 84% |
策略分类：量化多策略。分数衡量公开13F的研究可用度，不评价未来收益。Strategy classification: Quant multi-strategy. The score measures public-13F research usability, not future returns.
H（高确信度可识别性）当前以单仓≥2%为有限代理，尚未接入风格基准主动权重，因此该分项覆盖度只有50%。H (conviction identifiability) currently uses positions ≥2% as a limited proxy; style-benchmark active weights are not yet available, so this component has only 50% coverage.