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 | |
|---|---|---|---|---|---|---|
3801
CALL
Global Payments
GPN
$21.3B
| $519K | ﹤0.01% |
6,700
-20,200
| -75% | -$1.63M |
|
3802
CALL
GE HealthCare
GEHC
$28.7B
| $517K | ﹤0.01% |
+6,300
| New | +$491K |
|
3803
PUT
Phillips 66
PSX
$82.9B
| $516K | ﹤0.01% |
4,000
-20,900
| -84% | -$2.81M |
|
3804
Cellebrite
CLBT
$3.85B
| $515K | ﹤0.01% |
+28,559
| New | +$513K |
|
3805
IBEX
IBEX
$474M
| $513K | ﹤0.01% |
13,444
-3,631
| -21% | -$134K |
|
3806
CALL
Oxford Industries
OXM
$604M
| $513K | ﹤0.01% |
15,000
| – | – |
|
|
SAFE
3807
Safehold
SAFE
$1.22B
| $513K | ﹤0.01% |
37,443
+16,873
| +82% | +$240K |
|
3808
CALL
Biohaven
BHVN
$2.32B
| $509K | ﹤0.01% |
+45,100
| New | +$559K |
|
|
CIO
3809
DELISTED
City Office REIT
CIO
| $509K | ﹤0.01% |
72,767
-119,591
| -62% | -$828K |
|
3810
Sweetgreen
SG
$841M
| $504K | ﹤0.01% |
74,596
-247,676
| -77% | -$1.7M |
|
3811
CALL
Marathon Petroleum
MPC
$91.3B
| $504K | ﹤0.01% |
3,100
-21,400
| -87% | -$4M |
|
3812
First Trust Technology AlphaDEX Fund
FXL
$2.46B
| $502K | ﹤0.01% |
2,982
| – | – |
|
3813
Knight Transportation
KNX
$12.5B
| $502K | ﹤0.01% |
9,597
-16,096
| -63% | -$754K |
|
3814
Perella Weinberg Partners
PWP
$1.16B
| $502K | ﹤0.01% |
+28,993
| New | +$541K |
|
3815
Corvus Pharmaceuticals
CRVS
$1.25B
| $500K | ﹤0.01% |
64,915
+39,340
| +154% | +$310K |
|
3816
PUT
Golar LNG
GLNG
$5.05B
| $499K | ﹤0.01% |
13,400
-500
| -4% | -$19.1K |
|
3817
PUT
Motorola Solutions
MSI
$68.6B
| $498K | ﹤0.01% |
+1,300
| New | +$522K |
|
3818
State Street SPDR S&P Capital Markets ETF
KCE
$451M
| $496K | ﹤0.01% |
3,311
| – | – |
|
3819
PUT
Sable Offshore Corp
SOC
$834M
| $496K | ﹤0.01% |
55,000
-1,060,000
| -95% | -$10M |
|
3820
Utah Medical Products
UTMD
$222M
| $494K | ﹤0.01% |
8,835
-346
| -4% | -$20.1K |
|
3821
Hershey
HSY
$34.8B
| $494K | ﹤0.01% |
+2,712
| New | +$496K |
|
3822
Pangaea Logistics
PANL
$460M
| $493K | ﹤0.01% |
71,660
+54,640
| +321% | +$330K |
|
|
BRSL
3823
Brightstar Lottery PLC
BRSL
$1.97B
| $493K | ﹤0.01% |
31,818
-16,924
| -35% | -$276K |
|
|
SOLS
3824
Solstice Advanced Materials
SOLS
$9.27B
| $492K | ﹤0.01% |
+10,130
| New | +$477K |
|
3825
Star Holdings Shares of Beneficial Interest
STHO
$114M
| $489K | ﹤0.01% |
59,442
+25,896
| +77% | +$198K |
|
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.