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

最大可见普通证券持仓为STATE STR SPDR S&P 500 ETF T（5.0%）；季度快照换手代理为33.7%，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 holding is STATE STR SPDR S&P 500 ETF T (5.0%). The quarterly snapshot turnover proxy is 33.7%, and top-ten persistence is 100.0%. The manager is classified as Quant/multi-strategy; 13F covers only visible reportable U.S. long securities.

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.

可见总值Visible value$210.20bn前期 2026-03-31: $166.31bn（仅作规模对照）Prior 2026-03-31: $166.31bn (scale context only)

经济持仓数Economic positions4,833按 CUSIP / 证券类型规范化normalized by CUSIP / security type

前五集中度Top-five concentration13.8%集中度不是能力评分concentration is not skill

季度换手代理Quarterly turnover proxy33.7%股数与同价漂移估算share / same-price-drift estimate

前十大延续Top-ten persistence100.0%与前季比较versus prior quarter

最新申报日Latest filing date2026-08-14报告期report date 2026-06-30

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

前十大可见普通证券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	—
CARNIVAL CORP LTDCOMMON SHARES · CUSIP G2004J103	—	$174.7m	0.08%	6,115,089	—

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

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
MICROSOFT CORPCOM · CUSIP 594918104	—	$1.33bn	0.63%	3,563,793	-42.2%
BROADCOM INCCOM · CUSIP 11135F101	—	$1.03bn	0.49%	2,722,161	-58.3%
LUMENTUM HLDGS INCNOTE 1.500%12/1 · CUSIP 55024UAH2	—	$69.2m	0.03%	5,620,000	-93.0%
TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS · CUSIP 874039100	—	$369.2m	0.18%	773,051	-74.7%
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%
ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107	—	$1.79bn	0.85%	3,082,478	-20.0%
TEXAS INSTRS INCCOM · CUSIP 882508104	—	$307.6m	0.15%	1,032,082	-76.0%
ROSS STORES INCCOM · CUSIP 778296103	—	$259.3m	0.12%	1,218,256	-65.6%
SAP SESPON ADR · CUSIP 803054204	—	$223.5m	0.11%	1,450,152	-65.9%

退出仓位Exited 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
WESTERN DIGITAL CORPNOTE 3.000% 11/1 · CUSIP 958102AT2	—	$1.09bn	0.66%	152,584,000	-100.0%
HONEYWELL INTL INCCOM · CUSIP 438516106	—	$264.3m	0.16%	1,169,465	-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%
CARNIVAL CORPCOMMON STOCK · CUSIP 143658300	—	$145.8m	0.09%	5,635,318	-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%

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

完整方法Full methodology

维度Dimension	得分Score	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.