D.E. Shaw Just Disclosed a $912 Million SpaceX Stake and a 58% Broadcom Cut in the Same Quarter

D.E. Shaw Just Disclosed a 2 Million SpaceX Stake and a 58% Broadcom Cut in the Same Quarter

By Joel South
Publication Date: 2026-08-22 13:00:00

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D.E. Shaw & Co. disclosed a brand new position in SpaceX (NASDAQ:SPCX | SPCX Price Prediction) worth $912,392,400 and trimmed its stake in Broadcom (NASDAQ:AVGO) by 58.3% in the same quarterly filing, according to the firm’s Form 13F-HR filed August 14, 2026 for the period ending June 30.

These are two separate line items in a book of 4,833 positions, alongside 977 new positions, 1,734 added, 1,595 trimmed and 614 exited in the quarter. Read them as parallel data points, not a linked trade.

The SpaceX Line Item

The filing lists 5,340,000 shares of SPCX common valued at $912,392,400, representing 0.434% of the portfolio. This is a first-time entry, so no prior-quarter comparison exists.

SpaceX completed its IPO on June 12, 2026 at a reported price of $135, widely reported as the largest IPO ever. The stock closed at $146.05 on August 17, 2026, but it is down 13.02% from its June 12 debut through August 14. Market cap…