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 | |
|---|---|---|---|---|---|---|
3001
PUT
Archer Daniels Midland
ADM
$37.4B
| $1.86M | ﹤0.01% |
32,300
-1,000
| -3% | -$59.8K |
|
3002
MaxLinear
MXL
$6.12B
| $1.86M | ﹤0.01% |
106,443
-234,166
| -69% | -$3.81M |
|
3003
CALL
W.P. Carey
WPC
$16.4B
| $1.85M | ﹤0.01% |
+28,800
| New | +$1.92M |
|
3004
CALL
Ginkgo Bioworks
DNA
$612M
| $1.85M | ﹤0.01% |
222,800
+59,100
| +36% | +$636K |
|
3005
Sight Sciences
SGHT
$302M
| $1.85M | ﹤0.01% |
232,862
+18,646
| +9% | +$119K |
|
3006
PUT
Coherent
COHR
$64.2B
| $1.85M | ﹤0.01% |
+10,000
| New | +$1.5M |
|
3007
SmartFinancial
SMBK
$906M
| $1.84M | ﹤0.01% |
49,730
+27,073
| +119% | +$980K |
|
3008
CALL
Freedom Holding
FRHC
$9.52B
| $1.84M | ﹤0.01% |
15,100
| – | – |
|
3009
Tennant Co
TNC
$1.49B
| $1.83M | ﹤0.01% |
24,784
-7,952
| -24% | -$608K |
|
|
JBGS
3010
JBG SMITH
JBGS
$711M
| $1.82M | ﹤0.01% |
107,255
-263,110
| -71% | -$4.97M |
|
3011
PUT
SoundHound AI
SOUN
$2.8B
| $1.82M | ﹤0.01% |
+182,900
| New | +$2.63M |
|
3012
Principal Financial Group
PFG
$24.6B
| $1.82M | ﹤0.01% |
20,658
-207,964
| -91% | -$17.6M |
|
3013
CALL
Dave & Buster's
PLAY
$364M
| $1.82M | ﹤0.01% |
112,400
-59,300
| -35% | -$992K |
|
3014
PUT
Curtiss-Wright
CW
$27.6B
| $1.82M | ﹤0.01% |
3,300
+2,900
| +725% | +$1.62M |
|
|
XZO
3015
Exzeo Group
XZO
$1.48B
| $1.82M | ﹤0.01% |
+75,010
| New | +$1.43M |
|
3016
PUT
SM Energy
SM
$6.96B
| $1.81M | ﹤0.01% |
97,000
+69,400
| +251% | +$1.41M |
|
3017
CALL
Credo Technology Group
CRDO
$41.9B
| $1.81M | ﹤0.01% |
12,600
| – | – |
|
3018
PUT
Ondas Inc
ONDS
$5.05B
| $1.81M | ﹤0.01% |
185,000
-52,500
| -22% | -$422K |
|
3019
Yext
YEXT
$574M
| $1.81M | ﹤0.01% |
223,995
-203,056
| -48% | -$1.71M |
|
3020
CALL
Deckers Outdoor
DECK
$13.5B
| $1.8M | ﹤0.01% |
17,400
-84,800
| -83% | -$7.95M |
|
|
LOMA
3021
Loma Negra
LOMA
$1.29B
| $1.8M | ﹤0.01% |
139,176
-543,393
| -80% | -$5.81M |
|
3022
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $1.79M | ﹤0.01% |
18,600
-1,598,900
| -99% | -$154M |
|
3023
CALL
Novavax
NVAX
$1.27B
| $1.79M | ﹤0.01% |
266,200
-4,800
| -2% | -$36.2K |
|
|
PPL
3024
CALL
PPL Corp
PPL
$26.3B
| $1.79M | ﹤0.01% |
51,000
-5,000
| -9% | -$180K |
|
3025
PUT
Unilever
UL
$139B
| $1.78M | ﹤0.01% |
27,280
-276
| -1% | -$18.5K |
|
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.