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 | |
|---|---|---|---|---|---|---|
3126
PUT
Evercore
EVR
$12.3B
| $1.57M | ﹤0.01% |
4,600
+800
| +21% | +$257K |
|
3127
CALL
AES
AES
$10.5B
| $1.56M | ﹤0.01% |
109,000
-142,700
| -57% | -$2.01M |
|
3128
Canadian National Railway
CNI
$77.1B
| $1.56M | ﹤0.01% |
15,806
-24,164
| -60% | -$2.32M |
|
3129
CALL
Ally Financial
ALLY
$13.6B
| $1.56M | ﹤0.01% |
34,500
-96,100
| -74% | -$3.96M |
|
3130
Lionsgate Studios
LION
$3.86B
| $1.56M | ﹤0.01% |
170,862
-21,275
| -11% | -$151K |
|
3131
CALL
Boyd Gaming
BYD
$6.13B
| $1.56M | ﹤0.01% |
+18,300
| New | +$1.51M |
|
|
RIBB
3132
Ribbon Acquisition Corp
RIBB
$51.9M
| $1.56M | ﹤0.01% |
150,000
| – | – |
|
3133
Marten Transport
MRTN
$1.22B
| $1.55M | ﹤0.01% |
136,501
-99,955
| -42% | -$1.06M |
|
3134
Leidos
LDOS
$16B
| $1.55M | ﹤0.01% |
+8,586
| New | +$1.63M |
|
3135
PUT
CF Industries
CF
$17.9B
| $1.55M | ﹤0.01% |
20,000
-5,800
| -22% | -$477K |
|
3136
Treace Medical Concepts
TMCI
$310M
| $1.54M | ﹤0.01% |
630,130
-131,203
| -17% | -$570K |
|
3137
PUT
Texas Roadhouse
TXRH
$13.7B
| $1.54M | ﹤0.01% |
+9,300
| New | +$1.57M |
|
3138
CALL
JFrog
FROG
$10.2B
| $1.54M | ﹤0.01% |
+24,700
| New | +$1.4M |
|
3139
Shift4
FOUR
$4.23B
| $1.54M | ﹤0.01% |
+24,494
| New | +$1.73M |
|
3140
Flowers Foods
FLO
$1.57B
| $1.54M | ﹤0.01% |
+141,689
| New | +$1.65M |
|
3141
Emcor
EME
$36.3B
| $1.54M | ﹤0.01% |
2,517
-5,305
| -68% | -$3.44M |
|
3142
PUT
Tandem Diabetes Care
TNDM
$1.34B
| $1.54M | ﹤0.01% |
70,000
| – | – |
|
3143
CALL
Alignment Healthcare
ALHC
$2.84B
| $1.54M | ﹤0.01% |
77,800
| – | – |
|
3144
PUT
Robert Half
RHI
$4.15B
| $1.53M | ﹤0.01% |
56,500
+45,300
| +404% | +$1.29M |
|
|
SHOE
3145
Shoe Station Group
SHOE
$424M
| $1.53M | ﹤0.01% |
90,710
+52,088
| +135% | +$956K |
|
3146
PUT
Southwest Airlines
LUV
$23.9B
| $1.53M | ﹤0.01% |
37,000
-168,600
| -82% | -$5.89M |
|
3147
ARK Blockchain & Fintech Innovation ETF
ARKF
$760M
| $1.53M | ﹤0.01% |
32,105
-12,974
| -29% | -$677K |
|
3148
PUT
Marriott Vacations Worldwide
VAC
$3.49B
| $1.53M | ﹤0.01% |
26,500
+20,600
| +349% | +$1.22M |
|
3149
Grocery Outlet
GO
$975M
| $1.53M | ﹤0.01% |
151,079
-49,427
| -25% | -$622K |
|
3150
CALL
AngloGold Ashanti
AU
$44.8B
| $1.52M | ﹤0.01% |
+17,800
| New | +$1.39M |
|
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.