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 | |
|---|---|---|---|---|---|---|
3101
CALL
Kadant
KAI
$3.98B
| $1.62M | ﹤0.01% |
5,700
-1,800
| -24% | -$511K |
|
3102
Corporacion America
CAAP
$4.24B
| $1.62M | ﹤0.01% |
62,366
-25,441
| -29% | -$570K |
|
3103
PUT
Mondelez International
MDLZ
$79.9B
| $1.61M | ﹤0.01% |
30,000
+22,300
| +290% | +$1.28M |
|
3104
PUT
Hasbro
HAS
$12.9B
| $1.61M | ﹤0.01% |
19,600
+9,600
| +96% | +$753K |
|
|
OPFI.WS
3105
DELISTED
OppFi Inc Warrants
OPFI.WS
| $1.61M | ﹤0.01% |
1,049,673
| – | – |
|
3106
CALL
YPF
YPF
$19.1B
| $1.6M | ﹤0.01% |
44,300
+16,700
| +61% | +$554K |
|
3107
PUT
Iron Mountain
IRM
$37.8B
| $1.6M | ﹤0.01% |
+19,300
| New | +$1.81M |
|
3108
Black Diamond Therapeutics
BDTX
$103M
| $1.59M | ﹤0.01% |
655,772
+512,129
| +357% | +$1.81M |
|
3109
Interactive Brokers
IBKR
$39.5B
| $1.59M | ﹤0.01% |
24,717
-165,811
| -87% | -$11.1M |
|
3110
CALL
Axsome Therapeutics
AXSM
$11B
| $1.59M | ﹤0.01% |
8,700
+2,100
| +32% | +$293K |
|
3111
Coursera
COUR
$1.66B
| $1.58M | ﹤0.01% |
215,226
-552,176
| -72% | -$4.81M |
|
3112
Stoke Therapeutics
STOK
$1.99B
| $1.58M | ﹤0.01% |
49,901
-2,712
| -5% | -$81.5K |
|
3113
PUT
CRISPR Therapeutics
CRSP
$5.17B
| $1.58M | ﹤0.01% |
30,200
-40,000
| -57% | -$2.4M |
|
3114
CALL
Kinder Morgan
KMI
$69.3B
| $1.58M | ﹤0.01% |
57,600
-185,400
| -76% | -$5.01M |
|
3115
Southern California Bancorp
BCAL
$687M
| $1.58M | ﹤0.01% |
+84,729
| New | +$1.56M |
|
3116
Devon Energy
DVN
$48.5B
| $1.58M | ﹤0.01% |
43,179
-45,615
| -51% | -$1.59M |
|
3117
El Pollo Loco
LOCO
$517M
| $1.58M | ﹤0.01% |
151,079
-23,058
| -13% | -$238K |
|
|
DENN
3118
DELISTED
Denny's
DENN
| $1.58M | ﹤0.01% |
253,286
-6,997
| -3% | -$39.7K |
|
3119
PUT
Signet Jewelers
SIG
$3.75B
| $1.57M | ﹤0.01% |
19,000
| – | – |
|
|
CHAR
3120
Charlton Aria Acquisition Corp
CHAR
$116M
| $1.57M | ﹤0.01% |
150,000
| – | – |
|
3121
PUT
QuantumScape Corp
QS
$3.4B
| $1.57M | ﹤0.01% |
150,800
+89,800
| +147% | +$1.24M |
|
3122
CALL
Bitdeer Technologies
BTDR
$2.69B
| $1.57M | ﹤0.01% |
+140,000
| New | +$2.26M |
|
3123
PUT
D-Wave Quantum Inc. Common Stock
QBTS
$7.92B
| $1.57M | ﹤0.01% |
60,000
-47,400
| -44% | -$1.38M |
|
3124
CALL
Magna International
MGA
$19.2B
| $1.57M | ﹤0.01% |
29,400
| – | – |
|
3125
PUT
Emerson Electric
EMR
$91B
| $1.57M | ﹤0.01% |
11,800
| – | – |
|
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.