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 | |
|---|---|---|---|---|---|---|
1226
PUT
Blackstone
BX
$155B
| $18.1M | 0.01% |
117,700
+75,400
| +178% | +$11.5M |
|
1227
Tenaris
TS
$28.9B
| $18.1M | 0.01% |
471,555
-125,527
| -21% | -$4.84M |
|
1228
CALL
Welltower
WELL
$172B
| $18.1M | 0.01% |
97,400
+74,600
| +327% | +$13.9M |
|
1229
KB Home
KBH
$3.44B
| $18M | 0.01% |
319,713
+159,455
| +99% | +$9.81M |
|
|
CRON
1230
Cronos Group
CRON
$1.04B
| $18M | 0.01% |
6,859,438
+2,987,675
| +77% | +$7.73M |
|
1231
PBF Energy
PBF
$7.42B
| $18M | 0.01% |
664,678
+474,189
| +249% | +$15.2M |
|
1232
PUT
AutoZone
AZO
$49.7B
| $18M | 0.01% |
5,300
+5,200
| +5,200% | +$19.6M |
|
1233
Oil States International
OIS
$507M
| $17.9M | 0.01% |
2,649,108
-169,465
| -6% | -$1.09M |
|
1234
TriNet
TNET
$2.74B
| $17.9M | 0.01% |
303,216
-103,247
| -25% | -$6.13M |
|
1235
PUT
Halliburton
HAL
$29.4B
| $17.9M | 0.01% |
632,500
-125,000
| -17% | -$3.3M |
|
1236
White Mountains Insurance
WTM
$5.48B
| $17.9M | 0.01% |
8,593
+6,081
| +242% | +$11.9M |
|
1237
CALL
Mettler-Toledo International
MTD
$26.5B
| $17.8M | 0.01% |
12,800
+800
| +7% | +$1.12M |
|
1238
FS KKR Capital
FSK
$3.06B
| $17.8M | 0.01% |
1,204,607
+649,909
| +117% | +$9.85M |
|
1239
Newmark Group
NMRK
$2.77B
| $17.8M | 0.01% |
1,024,077
+140,507
| +16% | +$2.46M |
|
1240
Cooper-Standard Automotive
CPS
$490M
| $17.7M | 0.01% |
538,959
-74,568
| -12% | -$2.43M |
|
1241
PUT
Rocket Lab Corp
RKLB
$42.3B
| $17.6M | 0.01% |
252,400
-800,000
| -76% | -$45.9M |
|
|
HSAI
1242
Hesai Group
HSAI
$2.36B
| $17.6M | 0.01% |
785,699
-1,583,490
| -67% | -$34.6M |
|
1243
Corning
GLW
$133B
| $17.6M | 0.01% |
200,649
-13,227
| -6% | -$1.14M |
|
1244
British American Tobacco
BTI
$136B
| $17.6M | 0.01% |
+310,167
| New | +$16.9M |
|
1245
Vail Resorts
MTN
$5.27B
| $17.6M | 0.01% |
+132,194
| New | +$19.5M |
|
1246
PUT
Warner Bros
WBD
$67.4B
| $17.5M | 0.01% |
608,200
-86,200
| -12% | -$2.01M |
|
1247
Compass Diversified
CODI
$777M
| $17.5M | 0.01% |
3,648,849
-17,154
| -0.5% | -$108K |
|
1248
CALL
GitLab
GTLB
$5.53B
| $17.5M | 0.01% |
465,300
+196,800
| +73% | +$8.52M |
|
1249
Equinor
EQNR
$88.8B
| $17.4M | 0.01% |
737,862
+225,641
| +44% | +$5.32M |
|
1250
Merit Medical Systems
MMSI
$4.41B
| $17.4M | 0.01% |
197,691
+4,704
| +2% | +$400K |
|
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.