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 | |
|---|---|---|---|---|---|---|
3226
PUT
XPO
XPO
$23.4B
| $1.36M | ﹤0.01% |
10,000
| – | – |
|
3227
CALL
Vicor
VICR
$10.1B
| $1.36M | ﹤0.01% |
+12,400
| New | +$1.05M |
|
3228
CALL
Prudential Financial
PRU
$41.7B
| $1.35M | ﹤0.01% |
+12,000
| New | +$1.29M |
|
3229
CALL
Franklin Resources
BEN
$17.7B
| $1.35M | ﹤0.01% |
+56,600
| New | +$1.3M |
|
3230
Standard Motor Products
SMP
$881M
| $1.35M | ﹤0.01% |
36,620
+30,125
| +464% | +$1.16M |
|
|
ANDG
3231
Andersen Group
ANDG
$5.62B
| $1.35M | ﹤0.01% |
+52,000
| New | +$1.31M |
|
3232
Anterix
ATEX
$1.94B
| $1.35M | ﹤0.01% |
61,765
-69,310
| -53% | -$1.44M |
|
3233
AerSale
ASLE
$304M
| $1.34M | ﹤0.01% |
189,127
+32,756
| +21% | +$230K |
|
|
TBCH
3234
PUT
Turtle Beach Corp
TBCH
$269M
| $1.34M | ﹤0.01% |
95,800
| – | – |
|
3235
Movado Group
MOV
$867M
| $1.34M | ﹤0.01% |
65,083
-126,908
| -66% | -$2.48M |
|
3236
Monte Rosa Therapeutics
GLUE
$1.32B
| $1.34M | ﹤0.01% |
85,488
+35,275
| +70% | +$475K |
|
3237
CALL
United Natural Foods
UNFI
$2.91B
| $1.34M | ﹤0.01% |
+39,800
| New | +$1.48M |
|
3238
Macy's
M
$6.71B
| $1.34M | ﹤0.01% |
60,766
+45,984
| +311% | +$941K |
|
3239
Choiceone Financial
COFS
$511M
| $1.34M | ﹤0.01% |
+45,337
| New | +$1.34M |
|
|
ONL
3240
Orion Office REIT
ONL
$151M
| $1.34M | ﹤0.01% |
591,957
+143,088
| +32% | +$338K |
|
3241
SandRidge Energy
SD
$487M
| $1.33M | ﹤0.01% |
92,189
-76,168
| -45% | -$1.01M |
|
3242
Cytek Biosciences
CTKB
$540M
| $1.33M | ﹤0.01% |
263,126
+142,104
| +117% | +$660K |
|
3243
PUT
Cummins
CMI
$89.7B
| $1.33M | ﹤0.01% |
2,600
| – | – |
|
3244
CALL
Kohl's
KSS
$2.23B
| $1.33M | ﹤0.01% |
65,000
| – | – |
|
3245
BBVA Argentina
BBAR
$3.65B
| $1.32M | ﹤0.01% |
73,324
-304,872
| -81% | -$4.37M |
|
3246
CRA International
CRAI
$1.14B
| $1.32M | ﹤0.01% |
6,584
| – | – |
|
|
CYBR
3247
DELISTED
CyberArk
CYBR
| $1.31M | ﹤0.01% |
+2,948
| New | +$1.42M |
|
3248
Cimpress
CMPR
$2.44B
| $1.31M | ﹤0.01% |
19,697
-2,109
| -10% | -$143K |
|
3249
Fiverr
FVRR
$340M
| $1.31M | ﹤0.01% |
66,271
+44,350
| +202% | +$955K |
|
3250
PUT
Antero Resources
AR
$10.6B
| $1.31M | ﹤0.01% |
+38,000
| New | +$1.29M |
|
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.