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 | |
|---|---|---|---|---|---|---|
3301
CALL
Howmet Aerospace
HWM
$117B
| $1.21M | ﹤0.01% |
5,900
-2,700
| -31% | -$537K |
|
3302
Perma-Fix Environmental Services
PESI
$374M
| $1.21M | ﹤0.01% |
96,009
+49,704
| +107% | +$634K |
|
3303
CALL
Hilton Worldwide
HLT
$73B
| $1.21M | ﹤0.01% |
4,200
-6,600
| -61% | -$1.8M |
|
3304
Sonoco
SON
$5.78B
| $1.2M | ﹤0.01% |
27,585
-24,246
| -47% | -$1M |
|
3305
PUT
Caleres
CAL
$481M
| $1.2M | ﹤0.01% |
98,900
-4,100
| -4% | -$50.5K |
|
3306
JPMorgan US Tech Leaders ETF
JTEK
$4.35B
| $1.2M | ﹤0.01% |
13,354
-3,819
| -22% | -$351K |
|
|
XHR
3307
Xenia Hotels & Resorts
XHR
$1.89B
| $1.2M | ﹤0.01% |
84,973
-4,432
| -5% | -$60.4K |
|
3308
Lincoln Electric
LECO
$15.2B
| $1.2M | ﹤0.01% |
5,010
+1,008
| +25% | +$239K |
|
3309
PUT
Paycom
PAYC
$8.15B
| $1.2M | ﹤0.01% |
7,500
| – | – |
|
3310
CALL
Arrowhead Research
ARWR
$12.2B
| $1.2M | ﹤0.01% |
+18,000
| New | +$882K |
|
|
SERV
3311
Serve Robotics
SERV
$482M
| $1.19M | ﹤0.01% |
114,935
-277,470
| -71% | -$3.33M |
|
|
GOLD
3312
PUT
Gold.com Inc
GOLD
$1.26B
| $1.19M | ﹤0.01% |
35,000
| – | – |
|
3313
CALL
Southern Copper
SCCO
$164B
| $1.19M | ﹤0.01% |
+8,454
| New | +$1.12M |
|
3314
Radiant Logistics
RLGT
$392M
| $1.19M | ﹤0.01% |
187,965
+19,537
| +12% | +$121K |
|
3315
CALL
Goodyear
GT
$1.99B
| $1.19M | ﹤0.01% |
135,700
| – | – |
|
3316
iShares MSCI Israel ETF
EIS
$884M
| $1.19M | ﹤0.01% |
10,790
-1,015
| -9% | -$106K |
|
3317
PUT
Match Group
MTCH
$8.9B
| $1.19M | ﹤0.01% |
+36,700
| New | +$1.21M |
|
3318
Teekay
TK
$946M
| $1.18M | ﹤0.01% |
130,859
-49,027
| -27% | -$451K |
|
3319
Atour Lifestyle Holdings
ATAT
$4.74B
| $1.18M | ﹤0.01% |
29,982
-290,731
| -91% | -$11.4M |
|
3320
Cass Information Systems
CASS
$731M
| $1.18M | ﹤0.01% |
28,435
+904
| +3% | +$36.8K |
|
|
HNGE
3321
Hinge Health
HNGE
$6.25B
| $1.18M | ﹤0.01% |
+25,396
| New | +$1.22M |
|
3322
Burke & Herbert Financial Services Corp
BHRB
$1.49B
| $1.18M | ﹤0.01% |
18,928
-7,804
| -29% | -$489K |
|
3323
Tompkins Financial
TMP
$1.45B
| $1.18M | ﹤0.01% |
16,256
-4,853
| -23% | -$333K |
|
3324
Matrix Service
MTRX
$325M
| $1.17M | ﹤0.01% |
100,395
+76,952
| +328% | +$967K |
|
3325
Lindblad Expeditions
LIND
$2.24B
| $1.17M | ﹤0.01% |
81,430
-65,167
| -44% | -$822K |
|
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.