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 | |
|---|---|---|---|---|---|---|
3651
JPMorgan BetaBuilders Japan ETF
BBJP
$17.1B
| $684K | ﹤0.01% |
10,386
-30,210
| -74% | -$2.06M |
|
3652
FerroAtlántica
GSM
$626M
| $684K | ﹤0.01% |
147,411
+125,169
| +563% | +$578K |
|
3653
CVRx
CVRX
$143M
| $683K | ﹤0.01% |
96,212
+19,763
| +26% | +$180K |
|
|
VG
3654
PUT
Venture Global Inc
VG
$31.5B
| $682K | ﹤0.01% |
+100,000
| New | +$833K |
|
3655
Mama's Creations
MAMA
$795M
| $681K | ﹤0.01% |
50,515
-24,651
| -33% | -$283K |
|
3656
Independent Bank Corp
IBCP
$778M
| $681K | ﹤0.01% |
20,945
+51
| +0.2% | +$1.64K |
|
3657
United States Antimony
UAMY
$790M
| $679K | ﹤0.01% |
+135,296
| New | +$1.06M |
|
3658
BRC Inc
BRCC
$138M
| $677K | ﹤0.01% |
610,281
-67,126
| -10% | -$87K |
|
3659
PUT
Kodak
KODK
$765M
| $677K | ﹤0.01% |
+80,000
| New | +$598K |
|
3660
CALL
Asbury Automotive
ABG
$4.22B
| $674K | ﹤0.01% |
2,900
-4,800
| -62% | -$1.13M |
|
3661
CALL
Bread Financial
BFH
$3.97B
| $674K | ﹤0.01% |
+9,100
| New | +$598K |
|
3662
Sinclair Inc
SBGI
$1.03B
| $673K | ﹤0.01% |
43,987
+30,870
| +235% | +$458K |
|
3663
Qiagen
QGEN
$8.56B
| $670K | ﹤0.01% |
14,838
+4,128
| +39% | +$191K |
|
3664
CALL
Federal Agricultural Mortgage
AGM
$2.24B
| $667K | ﹤0.01% |
3,800
+1,900
| +100% | +$320K |
|
3665
Clover Health Investments
CLOV
$2.32B
| $664K | ﹤0.01% |
282,690
-118,218
| -29% | -$323K |
|
3666
CACI
CACI
$10.2B
| $664K | ﹤0.01% |
1,246
-3,087
| -71% | -$1.74M |
|
3667
CALL
B&G Foods
BGS
$310M
| $663K | ﹤0.01% |
154,200
| – | – |
|
|
ARDT
3668
Ardent Health
ARDT
$1.46B
| $662K | ﹤0.01% |
+75,025
| New | +$867K |
|
3669
Pure Cycle
PCYO
$261M
| $662K | ﹤0.01% |
60,200
+11,757
| +24% | +$131K |
|
3670
Lennar Class B
LEN.B
$20.4B
| $660K | ﹤0.01% |
+6,940
| New | +$787K |
|
3671
KE Holdings
BEKE
$19.3B
| $659K | ﹤0.01% |
41,815
+25,920
| +163% | +$445K |
|
3672
CALL
Global Ship Lease
GSL
$1.5B
| $659K | ﹤0.01% |
+18,800
| New | +$611K |
|
|
WBTN
3673
WEBTOON Entertainment Inc
WBTN
$1.45B
| $659K | ﹤0.01% |
+50,540
| New | +$775K |
|
3674
Adeia
ADEA
$2.86B
| $659K | ﹤0.01% |
+38,174
| New | +$566K |
|
3675
PUT
Newell Brands
NWL
$2.31B
| $658K | ﹤0.01% |
176,800
-200,000
| -53% | -$808K |
|
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.