D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advanced Micro Devices
AMD
|
+$1.52B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.43B |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$798M |
| 4 |
Amazon
AMZN
|
+$646M |
| 5 |
Texas Instruments
TXN
|
+$619M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$1.31B |
| 2 |
Broadcom
AVGO
|
+$1.01B |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$863M |
| 4 |
Western Digital
WDC
|
+$595M |
| 5 |
Meta Platforms (Facebook)
META
|
+$591M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.6% |
| 2 | Consumer Discretionary | 9.12% |
| 3 | Healthcare | 7.62% |
| 4 | Industrials | 7.14% |
| 5 | Financials | 6.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
PUT
Air Products & Chemicals
APD
$65.7B
| $2.47M | ﹤0.01% |
10,000
| – | – |
|
2777
Brady Corp
BRC
$4.62B
| $2.47M | ﹤0.01% |
31,484
+3,631
| +13% | +$281K |
|
2778
Installed Building Products
IBP
$6.51B
| $2.47M | ﹤0.01% |
+9,509
| New | +$2.46M |
|
2779
MetLife
MET
$61.9B
| $2.47M | ﹤0.01% |
31,228
-208,042
| -87% | -$16.5M |
|
2780
PUT
Teck Resources
TECK
$32.4B
| $2.46M | ﹤0.01% |
51,400
| – | – |
|
2781
Midland States Bancorp
MSBI
$711M
| $2.46M | ﹤0.01% |
116,193
+73,377
| +171% | +$1.3M |
|
2782
Hyatt Hotels
H
$16.9B
| $2.46M | ﹤0.01% |
15,329
-20,057
| -57% | -$3.07M |
|
|
FPI
2783
Farmland Partners
FPI
$431M
| $2.45M | ﹤0.01% |
252,975
+63,403
| +33% | +$635K |
|
2784
Tanger
SKT
$4.66B
| $2.44M | ﹤0.01% |
73,267
-179,609
| -71% | -$5.99M |
|
|
USAR
2785
USA Rare Earth Inc
USAR
$4.2B
| $2.44M | ﹤0.01% |
+205,441
| New | +$3.91M |
|
2786
Ducommun
DCO
$2.89B
| $2.43M | ﹤0.01% |
25,592
-21,897
| -46% | -$2.04M |
|
2787
CALL
First Majestic Silver
AG
$8.68B
| $2.43M | ﹤0.01% |
145,800
-3,000
| -2% | -$41.7K |
|
2788
Enovis
ENOV
$1.74B
| $2.43M | ﹤0.01% |
91,071
+84,103
| +1,207% | +$2.48M |
|
2789
D-Wave Quantum Inc. Common Stock
QBTS
$7.92B
| $2.43M | ﹤0.01% |
92,773
-13,555,579
| -99% | -$395M |
|
2790
PUT
Globant
GLOB
$1.66B
| $2.43M | ﹤0.01% |
37,100
+9,600
| +35% | +$603K |
|
2791
CALL
Huntsman Corp
HUN
$1.78B
| $2.42M | ﹤0.01% |
242,400
+167,900
| +225% | +$1.54M |
|
2792
PUT
KKR & Co
KKR
$94.9B
| $2.42M | ﹤0.01% |
19,000
+2,700
| +17% | +$336K |
|
2793
Douglas Elliman
DOUG
$159M
| $2.42M | ﹤0.01% |
1,021,644
-463,724
| -31% | -$1.19M |
|
2794
PUT
Delek US
DK
$3.66B
| $2.42M | ﹤0.01% |
81,500
-119,700
| -59% | -$4.27M |
|
|
NPKI
2795
NPK International
NPKI
$1.15B
| $2.41M | ﹤0.01% |
202,130
-75,845
| -27% | -$925K |
|
2796
AXIS Capital
AXS
$7.61B
| $2.41M | ﹤0.01% |
22,478
+12,418
| +123% | +$1.23M |
|
2797
CALL
BellRing Brands
BRBR
$1.47B
| $2.41M | ﹤0.01% |
+90,000
| New | +$2.79M |
|
|
2798
PUT
BellRing Brands
BRBR
$1.47B
| $2.41M | ﹤0.01% |
+90,000
| New | +$2.79M |
|
2799
CALL
Sable Offshore Corp
SOC
$888M
| $2.4M | ﹤0.01% |
266,200
| – | – |
|
2800
CALL
Tidewater
TDW
$3.85B
| $2.4M | ﹤0.01% |
47,500
-5,000
| -10% | -$264K |
|
Similar funds
D.E. Shaw & Co's Q4 2025 Portfolio in Review
As of Q4 2025, D.E. Shaw & Co held 5,141 positions worth $182B, up 3% from $177B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co's Q4 2025 filing shows 639 new, 1,734 increased, 1,574 reduced and 583 closed positions. Its largest new stake was iShares Core S&P 500 ETF: 1,175,000 shares worth $805M. The largest sale was Micron Technology, an estimated $1.31B.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- D.E. Shaw & Co's largest Q4 2025 buy was iShares Core S&P 500 ETF: 1,175,000 shares worth $805M.
- D.E. Shaw & Co added most to Advanced Micro Devices in Q4 2025, an estimated $1.52B increase.
- D.E. Shaw & Co's biggest Q4 2025 reduction was Micron Technology, cutting an estimated $1.31B.
- D.E. Shaw & Co fully exited Vanguard Short-Term Corporate Bond ETF in Q4 2025, selling an estimated $499M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $182B portfolio in Q4 2025.
- D.E. Shaw & Co opened 639 new positions and closed 583 in Q4 2025.
- D.E. Shaw & Co's portfolio value rose 3% quarter-over-quarter to $182B.
Based on D.E. Shaw & Co's 13F filing for Q4 2025, filed 17 Feb 2026.