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 | |
|---|---|---|---|---|---|---|
201
PUT
Pinduoduo
PDD
$126B
| $190M | 0.1% |
1,677,000
-1,690,600
| -50% | -$210M |
|
202
Centrus Energy
LEU
$3.14B
| $190M | 0.1% |
780,889
+113,403
| +17% | +$34.2M |
|
203
PUT
Mercado Libre
MELI
$94.5B
| $187M | 0.1% |
92,900
+43,300
| +87% | +$91M |
|
204
Oracle
ORCL
$339B
| $186M | 0.1% |
956,493
+317,069
| +50% | +$75.5M |
|
205
Bank of Montreal
BMO
$123B
| $186M | 0.1% |
1,434,421
+299,414
| +26% | +$37.9M |
|
206
CALL
IBM
IBM
$213B
| $185M | 0.1% |
625,200
+330,500
| +112% | +$99M |
|
207
PUT
Target
TGT
$66.3B
| $184M | 0.1% |
1,884,000
+592,400
| +46% | +$54.6M |
|
208
Mastercard
MA
$498B
| $183M | 0.1% |
321,418
+38,679
| +14% | +$21.6M |
|
209
PUT
Palo Alto Networks
PANW
$256B
| $183M | 0.1% |
995,500
+293,800
| +42% | +$59.3M |
|
210
Johnson & Johnson
JNJ
$640B
| $183M | 0.1% |
883,503
-260,159
| -23% | -$51.4M |
|
211
GE Aerospace
GE
$364B
| $182M | 0.1% |
592,380
-758,100
| -56% | -$228M |
|
212
Carnival Corporation Ltd
CCL
$38.1B
| $182M | 0.1% |
5,970,622
+5,049,420
| +548% | +$141M |
|
213
Sunrun
RUN
$2.26B
| $182M | 0.1% |
9,906,448
+364,676
| +4% | +$6.99M |
|
214
Ameriprise Financial
AMP
$47.8B
| $182M | 0.1% |
370,843
+236,095
| +175% | +$112M |
|
215
Generac Holdings
GNRC
$11.5B
| $182M | 0.1% |
1,331,589
+1,194,382
| +870% | +$193M |
|
216
CALL
Chevron
CVX
$382B
| $179M | 0.1% |
1,177,500
-37,900
| -3% | -$5.77M |
|
217
PUT
Coinbase
COIN
$42.2B
| $179M | 0.1% |
791,500
+208,200
| +36% | +$62M |
|
218
TeraWulf
WULF
$7.48B
| $178M | 0.1% |
15,474,258
+2,298,669
| +17% | +$30.8M |
|
219
Alnylam Pharmaceuticals
ALNY
$38.3B
| $177M | 0.1% |
444,493
+245,076
| +123% | +$108M |
|
220
ICICI Bank
IBN
$107B
| $176M | 0.1% |
5,920,209
+5,892,309
| +21,119% | +$181M |
|
221
Jabil
JBL
$30.1B
| $176M | 0.1% |
771,218
+557,692
| +261% | +$119M |
|
222
Deckers Outdoor
DECK
$14.1B
| $175M | 0.1% |
1,691,329
+1,647,119
| +3,726% | +$154M |
|
223
PUT
SoFi Technologies
SOFI
$19.6B
| $175M | 0.1% |
6,695,000
+3,635,000
| +119% | +$101M |
|
224
Morgan Stanley
MS
$319B
| $174M | 0.1% |
979,464
-64,240
| -6% | -$10.7M |
|
225
CALL
Citigroup
C
$213B
| $173M | 0.1% |
1,486,300
+392,700
| +36% | +$40.8M |
|
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.