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 | |
|---|---|---|---|---|---|---|
3026
iShares US Transportation ETF
IYT
$2.28B
| $1.78M | ﹤0.01% |
+23,936
| New | +$1.74M |
|
3027
CALL
Harley-Davidson
HOG
$2.76B
| $1.78M | ﹤0.01% |
+87,000
| New | +$2.14M |
|
3028
PUT
Emcor
EME
$36.3B
| $1.77M | ﹤0.01% |
2,900
-2,700
| -48% | -$1.75M |
|
3029
CALL
Under Armour
UAA
$2.92B
| $1.77M | ﹤0.01% |
356,900
+300,000
| +527% | +$1.39M |
|
3030
PACS Group
PACS
$7.23B
| $1.77M | ﹤0.01% |
46,127
-49,836
| -52% | -$1.09M |
|
3031
Trevi Therapeutics
TRVI
$2.66B
| $1.77M | ﹤0.01% |
+141,312
| New | +$1.63M |
|
3032
CALL
TFI International
TFII
$11.5B
| $1.77M | ﹤0.01% |
17,100
-18,000
| -51% | -$1.68M |
|
|
CAEP
3033
DELISTED
Cantor Equity Partners III
CAEP
| $1.77M | ﹤0.01% |
173,229
| – | – |
|
|
WAY
3034
Waystar Holding Corp
WAY
$4.48B
| $1.77M | ﹤0.01% |
53,952
-36,892
| -41% | -$1.31M |
|
3035
PUT
Carpenter Technology
CRS
$28.3B
| $1.76M | ﹤0.01% |
5,600
+4,400
| +367% | +$1.32M |
|
3036
Jack in the Box
JACK
$351M
| $1.76M | ﹤0.01% |
92,967
-49,046
| -35% | -$887K |
|
3037
State Street SPDR S&P Bank ETF
KBE
$1.68B
| $1.76M | ﹤0.01% |
+28,972
| New | +$1.71M |
|
3038
Allogene Therapeutics
ALLO
$673M
| $1.76M | ﹤0.01% |
1,282,971
+819,073
| +177% | +$1.08M |
|
3039
Mercer International
MERC
$47.5M
| $1.75M | ﹤0.01% |
885,918
-154,104
| -15% | -$325K |
|
3040
CALL
Range Resources
RRC
$8.91B
| $1.75M | ﹤0.01% |
+49,700
| New | +$1.85M |
|
3041
PENN Entertainment
PENN
$2.63B
| $1.75M | ﹤0.01% |
118,610
+37,810
| +47% | +$590K |
|
|
CBL
3042
CBL Properties
CBL
$1.75B
| $1.75M | ﹤0.01% |
47,270
+2,404
| +5% | +$78.5K |
|
|
TTAN
3043
ServiceTitan Inc
TTAN
$8.25B
| $1.75M | ﹤0.01% |
16,416
-152,572
| -90% | -$14.9M |
|
|
SVM
3044
Silvercorp Metals
SVM
$2.39B
| $1.75M | ﹤0.01% |
208,800
-273,900
| -57% | -$1.99M |
|
3045
PUT
Booz Allen Hamilton
BAH
$8.65B
| $1.75M | ﹤0.01% |
+20,700
| New | +$1.85M |
|
|
SA
3046
PUT
Seabridge Gold
SA
$3.14B
| $1.74M | ﹤0.01% |
58,900
-31,500
| -35% | -$828K |
|
|
QSEA
3047
Quartzsea Acquisition Corp
QSEA
$108M
| $1.74M | ﹤0.01% |
170,012
| – | – |
|
3048
CALL
BlackSky Technology
BKSY
$1.03B
| $1.74M | ﹤0.01% |
92,800
| – | – |
|
3049
PUT
Comstock Resources
CRK
$3.81B
| $1.74M | ﹤0.01% |
+75,000
| New | +$1.65M |
|
3050
Mid-America Apartment Communities
MAA
$15.6B
| $1.74M | ﹤0.01% |
+12,510
| New | +$1.67M |
|
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.