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 | |
|---|---|---|---|---|---|---|
3851
HCI Group
HCI
$2.27B
| $460K | ﹤0.01% |
2,400
-100
| -4% | -$18.8K |
|
3852
CALL
Erie Indemnity
ERIE
$11.9B
| $459K | ﹤0.01% |
1,600
| – | – |
|
3853
Business First Bancshares
BFST
$1.01B
| $458K | ﹤0.01% |
17,535
+7,084
| +68% | +$179K |
|
|
SEZL
3854
CALL
Sezzle
SEZL
$5.87B
| $457K | ﹤0.01% |
7,200
-13,300
| -65% | -$907K |
|
3855
Financial Institutions
FISI
$774M
| $456K | ﹤0.01% |
14,639
-7,370
| -33% | -$217K |
|
3856
Avantis US Small Cap Equity ETF
AVSC
$3.02B
| $455K | ﹤0.01% |
7,740
| – | – |
|
3857
CALL
Monolithic Power Systems
MPWR
$64.5B
| $453K | ﹤0.01% |
500
-900
| -64% | -$866K |
|
3858
CALL
Noble Corp
NE
$6.62B
| $452K | ﹤0.01% |
16,000
-92,300
| -85% | -$2.73M |
|
3859
Plains GP Holdings
PAGP
$5.07B
| $452K | ﹤0.01% |
23,600
| – | – |
|
3860
Janux Therapeutics
JANX
$992M
| $451K | ﹤0.01% |
+32,707
| New | +$769K |
|
3861
Barnes & Noble Education
BNED
$437M
| $451K | ﹤0.01% |
49,085
+29,346
| +149% | +$259K |
|
3862
MBIA
MBI
$333M
| $448K | ﹤0.01% |
62,603
+8,352
| +15% | +$60.4K |
|
3863
Ubiquiti
UI
$33B
| $447K | ﹤0.01% |
808
-160
| -17% | -$101K |
|
3864
RBC Bearings
RBC
$18.2B
| $447K | ﹤0.01% |
997
-16,212
| -94% | -$6.87M |
|
|
THS
3865
DELISTED
Treehouse Foods
THS
| $446K | ﹤0.01% |
18,921
-532,557
| -97% | -$11.6M |
|
3866
iShares MSCI India Small-Cap ETF
SMIN
$718M
| $446K | ﹤0.01% |
6,378
+996
| +19% | +$71.9K |
|
3867
Tigo Energy
TYGO
$129M
| $444K | ﹤0.01% |
321,513
-83,676
| -21% | -$168K |
|
3868
Crescent Capital BDC
CCAP
$407M
| $443K | ﹤0.01% |
31,552
-47,332
| -60% | -$673K |
|
3869
Global X DAX Germany ETF
DAX
$237M
| $443K | ﹤0.01% |
9,712
| – | – |
|
3870
PUT
Asbury Automotive
ABG
$4.1B
| $442K | ﹤0.01% |
1,900
+300
| +19% | +$70.9K |
|
3871
On Holding
ONON
$12.4B
| $440K | ﹤0.01% |
9,472
-92,329
| -91% | -$3.98M |
|
3872
iShares Russell Mid-Cap ETF
IWR
$56.6B
| $439K | ﹤0.01% |
+4,563
| New | +$439K |
|
3873
PUT
Portillo's
PTLO
$338M
| $439K | ﹤0.01% |
+96,700
| New | +$505K |
|
3874
PUT
PAR Technology
PAR
$674M
| $439K | ﹤0.01% |
12,100
-7,500
| -38% | -$271K |
|
3875
CALL
UWM Holdings
UWMC
$685M
| $438K | ﹤0.01% |
+100,000
| New | +$538K |
|
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.