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 | |
|---|---|---|---|---|---|---|
1126
Kohl's
KSS
$1.96B
| $21.8M | 0.01% |
1,067,082
+857,366
| +409% | +$16.1M |
|
1127
Trinity Industries
TRN
$2.9B
| $21.8M | 0.01% |
823,440
+270,572
| +49% | +$7.36M |
|
1128
PPG Industries
PPG
$26.2B
| $21.8M | 0.01% |
212,383
+5,177
| +2% | +$520K |
|
1129
Zions Bancorporation
ZION
$10.6B
| $21.8M | 0.01% |
371,688
+134,907
| +57% | +$7.35M |
|
1130
Camden Property Trust
CPT
$11.2B
| $21.7M | 0.01% |
197,548
+23,775
| +14% | +$2.47M |
|
1131
Erie Indemnity
ERIE
$11.9B
| $21.7M | 0.01% |
75,634
+8,444
| +13% | +$2.52M |
|
1132
Fulcrum Therapeutics
FULC
$243M
| $21.6M | 0.01% |
1,913,755
+464,332
| +32% | +$4.73M |
|
1133
CALL
TJX Companies
TJX
$171B
| $21.6M | 0.01% |
140,900
-12,500
| -8% | -$1.85M |
|
1134
ONE Gas
OGS
$5B
| $21.6M | 0.01% |
279,594
+83,302
| +42% | +$6.7M |
|
1135
Flutter Entertainment
FLUT
$18.5B
| $21.5M | 0.01% |
99,952
+74,086
| +286% | +$16.7M |
|
1136
Crane Co
CR
$12.6B
| $21.4M | 0.01% |
116,246
+15,492
| +15% | +$2.87M |
|
1137
IDEX
IEX
$16.6B
| $21.3M | 0.01% |
119,470
-131,319
| -52% | -$22.4M |
|
|
MBX
1138
MBX Biosciences
MBX
$2.99B
| $21.2M | 0.01% |
+671,838
| New | +$16.3M |
|
1139
Enerpac Tool Group
EPAC
$1.77B
| $21.2M | 0.01% |
553,112
+192,939
| +54% | +$7.64M |
|
1140
Watsco Inc
WSO
$15.3B
| $21.1M | 0.01% |
62,727
-43,357
| -41% | -$15.5M |
|
1141
Liberty Broadband Class A
LBRDA
$4.43B
| $21.1M | 0.01% |
437,428
+15,882
| +4% | +$823K |
|
1142
Evolent Health
EVH
$654M
| $21.1M | 0.01% |
5,269,302
+2,531,506
| +92% | +$14.1M |
|
1143
HCA Healthcare
HCA
$82.3B
| $21.1M | 0.01% |
45,119
+43,439
| +2,586% | +$20.2M |
|
1144
iShares US Home Construction ETF
ITB
$2.46B
| $20.9M | 0.01% |
216,841
+180,174
| +491% | +$18.2M |
|
1145
TG Therapeutics
TGTX
$8.4B
| $20.9M | 0.01% |
700,345
+468,322
| +202% | +$15.3M |
|
|
CNTA
1146
DELISTED
Centessa Pharmaceuticals
CNTA
| $20.8M | 0.01% |
831,636
+767,247
| +1,192% | +$19.4M |
|
1147
American Healthcare REIT
AHR
$11B
| $20.6M | 0.01% |
+436,910
| New | +$20.3M |
|
1148
CALL
Powell Industries
POWL
$8.48B
| $20.4M | 0.01% |
191,700
+54,900
| +40% | +$6.16M |
|
1149
CALL
Take-Two Interactive
TTWO
$43.9B
| $20.3M | 0.01% |
79,400
-13,700
| -15% | -$3.42M |
|
1150
REX American Resources
REX
$1.56B
| $20.2M | 0.01% |
626,415
+5,241
| +0.8% | +$171K |
|
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.