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 | |
|---|---|---|---|---|---|---|
3501
CALL
PENN Entertainment
PENN
$2.8B
| $889K | ﹤0.01% |
60,300
| – | – |
|
3502
iShares Russell 2500 ETF
SMMD
$3.59B
| $888K | ﹤0.01% |
11,853
| – | – |
|
|
QXO
3503
QXO Inc
QXO
$14.4B
| $888K | ﹤0.01% |
46,021
-77,284
| -63% | -$1.48M |
|
3504
Amylyx Pharmaceuticals
AMLX
$1.97B
| $885K | ﹤0.01% |
73,224
+4,347
| +6% | +$59K |
|
3505
iShares Core US REIT ETF
USRT
$4.64B
| $883K | ﹤0.01% |
+15,505
| New | +$898K |
|
3506
Addus HomeCare
ADUS
$2.08B
| $882K | ﹤0.01% |
8,214
| – | – |
|
3507
CALL
Harrow
HROW
$1.6B
| $882K | ﹤0.01% |
+18,000
| New | +$756K |
|
3508
PUT
Skyworks Solutions
SWKS
$9.5B
| $881K | ﹤0.01% |
13,900
| – | – |
|
3509
CALL
Truist Financial
TFC
$63.2B
| $881K | ﹤0.01% |
17,900
-79,800
| -82% | -$3.68M |
|
3510
Center Bancorp
CNOB
$1.66B
| $879K | ﹤0.01% |
+33,530
| New | +$849K |
|
3511
Future Fuel
FF
$214M
| $879K | ﹤0.01% |
275,445
+71,147
| +35% | +$255K |
|
3512
The GEO Group
GEO
$4.19B
| $878K | ﹤0.01% |
54,497
+19,827
| +57% | +$331K |
|
|
TSSI
3513
CALL
TSS Inc
TSSI
$285M
| $877K | ﹤0.01% |
124,000
| – | – |
|
3514
Twist Bioscience
TWST
$5.87B
| $875K | ﹤0.01% |
+27,581
| New | +$861K |
|
|
USAS
3515
Americas Gold and Silver
USAS
$1.41B
| $873K | ﹤0.01% |
+170,886
| New | +$769K |
|
3516
NextDecade
NEXT
$2.02B
| $872K | ﹤0.01% |
165,483
+37,441
| +29% | +$223K |
|
3517
Commercial Vehicle Group
CVGI
$162M
| $865K | ﹤0.01% |
600,692
-59,858
| -9% | -$95.2K |
|
3518
Heartland Express
HTLD
$1.18B
| $862K | ﹤0.01% |
95,502
-119,753
| -56% | -$997K |
|
3519
HighPeak Energy
HPK
$1.01B
| $860K | ﹤0.01% |
181,377
+112,366
| +163% | +$675K |
|
|
CGC
3520
CALL
Canopy Growth
CGC
$384M
| $859K | ﹤0.01% |
753,700
| – | – |
|
3521
PUT
Sterling Infrastructure
STRL
$22.1B
| $857K | ﹤0.01% |
+2,800
| New | +$965K |
|
3522
Energy Recovery
ERII
$440M
| $851K | ﹤0.01% |
63,095
-283,706
| -82% | -$4.3M |
|
3523
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| $851K | ﹤0.01% |
+6,116
| New | +$851K |
|
3524
Stagwell
STGW
$1.75B
| $849K | ﹤0.01% |
173,540
+148,749
| +600% | +$774K |
|
3525
Spire
SR
$4.85B
| $848K | ﹤0.01% |
+10,254
| New | +$874K |
|
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.