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 | |
|---|---|---|---|---|---|---|
2626
CALL
Equinox Gold
EQX
$6.91B
| $2.95M | ﹤0.01% |
+210,000
| New | +$2.65M |
|
2627
Grid Dynamics Holdings
GDYN
$485M
| $2.94M | ﹤0.01% |
325,935
+284,393
| +685% | +$2.46M |
|
2628
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.67B
| $2.94M | ﹤0.01% |
66,371
+49,499
| +293% | +$2.16M |
|
|
SNBR
2629
DELISTED
Sleep Number
SNBR
| $2.94M | ﹤0.01% |
347,504
+34,838
| +11% | +$220K |
|
2630
Bank of N.T. Butterfield & Son
NTB
$2.47B
| $2.93M | ﹤0.01% |
58,733
+4,558
| +8% | +$210K |
|
2631
CALL
Sprouts Farmers Market
SFM
$6.93B
| $2.92M | ﹤0.01% |
36,700
+16,100
| +78% | +$1.44M |
|
2632
CALL
monday.com
MNDY
$3.39B
| $2.92M | ﹤0.01% |
19,800
+4,900
| +33% | +$825K |
|
|
MRP
2633
Millrose Properties Inc
MRP
$4.91B
| $2.92M | ﹤0.01% |
+97,804
| New | +$3.07M |
|
2634
Rollins
ROL
$21.9B
| $2.92M | ﹤0.01% |
48,621
+38,896
| +400% | +$2.28M |
|
2635
CALL
Cheesecake Factory
CAKE
$4.14B
| $2.91M | ﹤0.01% |
57,700
| – | – |
|
2636
Miller Industries
MLR
$576M
| $2.91M | ﹤0.01% |
77,911
+19,402
| +33% | +$755K |
|
2637
CALL
DaVita
DVA
$15B
| $2.9M | ﹤0.01% |
25,500
+22,300
| +697% | +$2.71M |
|
2638
PUT
HP
HPQ
$22.1B
| $2.9M | ﹤0.01% |
+130,000
| New | +$3.31M |
|
2639
Zimmer Biomet
ZBH
$18.1B
| $2.89M | ﹤0.01% |
+32,111
| New | +$3.04M |
|
2640
CALL
Crescent Energy
CRGY
$3.43B
| $2.88M | ﹤0.01% |
343,690
+243,390
| +243% | +$2.14M |
|
|
NOEM
2641
CO2 Energy Transition Corp
NOEM
$101M
| $2.88M | ﹤0.01% |
280,000
| – | – |
|
2642
PUT
Range Resources
RRC
$8.54B
| $2.88M | ﹤0.01% |
81,600
+70,100
| +610% | +$2.61M |
|
2643
CTS Corp
CTS
$1.7B
| $2.87M | ﹤0.01% |
67,052
-54,445
| -45% | -$2.28M |
|
2644
Sagimet Biosciences
SGMT
$472M
| $2.87M | ﹤0.01% |
485,496
-215,745
| -31% | -$1.55M |
|
2645
California Water Service
CWT
$3.07B
| $2.87M | ﹤0.01% |
66,191
+29,833
| +82% | +$1.36M |
|
2646
NETGEAR
NTGR
$602M
| $2.87M | ﹤0.01% |
116,880
-123,101
| -51% | -$3.54M |
|
2647
Anika Therapeutics
ANIK
$210M
| $2.86M | ﹤0.01% |
297,979
+122,664
| +70% | +$1.17M |
|
|
CCCXW
2648
DELISTED
Churchill Capital Corp X Warrants
CCCXW
| $2.86M | ﹤0.01% |
371,250
| – | – |
|
|
AVDL
2649
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.85M | ﹤0.01% |
132,459
-237,170
| -64% | -$4.6M |
|
2650
PUT
Annaly Capital Management
NLY
$17.2B
| $2.85M | ﹤0.01% |
127,500
-78,000
| -38% | -$1.7M |
|
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.