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
| 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
| 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
| 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 | |
|---|---|---|---|---|---|---|
2526
CALL
Ouster
OUST
$2.29B
| $3.37M | ﹤0.01% |
155,700
-233,100
| -60% | -$6.16M |
|
|
PGAC
2527
Pantages Capital Acquisition Corp
PGAC
| $3.37M | ﹤0.01% |
325,000
| – | – |
|
|
JMIA
2528
CALL
Jumia Technologies
JMIA
$805M
| $3.36M | ﹤0.01% |
268,800
+146,600
| +120% | +$1.69M |
|
|
BBUC
2529
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.43B
| $3.36M | ﹤0.01% |
93,626
| – | – |
|
2530
Rhythm Pharmaceuticals
RYTM
$7.19B
| $3.36M | ﹤0.01% |
31,356
+27,771
| +775% | +$2.95M |
|
2531
FormFactor
FORM
$7.68B
| $3.35M | ﹤0.01% |
60,055
-448,752
| -88% | -$22.6M |
|
2532
Toronto Dominion Bank
TD
$203B
| $3.33M | ﹤0.01% |
35,354
-1,452,196
| -98% | -$123M |
|
2533
CALL
TripAdvisor
TRIP
$1.71B
| $3.33M | ﹤0.01% |
228,600
-20,100
| -8% | -$306K |
|
2534
Core Scientific
CORZ
$6.36B
| $3.33M | ﹤0.01% |
228,544
-4,809,906
| -95% | -$83.9M |
|
2535
Alignment Healthcare
ALHC
$4.12B
| $3.32M | ﹤0.01% |
168,350
-148,308
| -47% | -$2.66M |
|
2536
CALL
Fidelity National Information Services
FIS
$22.4B
| $3.32M | ﹤0.01% |
50,000
+31,000
| +163% | +$2.04M |
|
|
2537
PUT
Fidelity National Information Services
FIS
$22.4B
| $3.32M | ﹤0.01% |
+50,000
| New | +$3.3M |
|
2538
e.l.f. Beauty
ELF
$4.37B
| $3.31M | ﹤0.01% |
+43,592
| New | +$4.29M |
|
2539
PUT
Gilead Sciences
GILD
$171B
| $3.31M | ﹤0.01% |
27,000
| – | – |
|
2540
BWX Technologies
BWXT
$15.5B
| $3.31M | ﹤0.01% |
19,132
-6,691
| -26% | -$1.26M |
|
2541
PUT
Transocean
RIG
$5.63B
| $3.3M | ﹤0.01% |
800,000
| – | – |
|
2542
Kelly Services Class A
KELYA
$539M
| $3.3M | ﹤0.01% |
375,435
+50,324
| +15% | +$512K |
|
|
VOYG
2543
Voyager Technologies
VOYG
$1.43B
| $3.3M | ﹤0.01% |
+126,200
| New | +$3.42M |
|
2544
Krispy Kreme
DNUT
$597M
| $3.3M | ﹤0.01% |
820,573
+666,798
| +434% | +$2.64M |
|
2545
PUT
YPF
YPF
$19.4B
| $3.3M | ﹤0.01% |
91,200
-33,500
| -27% | -$1.11M |
|
2546
Skywest
SKYW
$3.9B
| $3.29M | ﹤0.01% |
32,809
+13,429
| +69% | +$1.34M |
|
|
TBCH
2547
Turtle Beach Corp
TBCH
$257M
| $3.29M | ﹤0.01% |
234,689
-39,887
| -15% | -$593K |
|
2548
Symbotic
SYM
$5.17B
| $3.28M | ﹤0.01% |
55,052
+45,077
| +452% | +$2.98M |
|
2549
Belden
BDC
$3.83B
| $3.27M | ﹤0.01% |
28,079
+13,485
| +92% | +$1.57M |
|
2550
Quad
QUAD
$450M
| $3.27M | ﹤0.01% |
521,780
+85,892
| +20% | +$505K |
|
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.