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 | |
|---|---|---|---|---|---|---|
|
BEAG
1426
Bold Eagle Acquisition Corp
BEAG
$334M
| $13.1M | 0.01% |
1,237,500
| – | – |
|
|
CCIX
1427
Churchill Capital Corp IX
CCIX
$399M
| $13.1M | 0.01% |
1,230,669
| – | – |
|
|
PCH
1428
DELISTED
PotlatchDeltic
PCH
| $13.1M | 0.01% |
328,803
+177,990
| +118% | +$7.21M |
|
1429
Apollo Global Management
APO
$68.6B
| $13.1M | 0.01% |
90,175
+65,527
| +266% | +$8.7M |
|
1430
PUT
Royal Caribbean
RCL
$76.7B
| $13.1M | 0.01% |
46,800
-33,400
| -42% | -$9.43M |
|
1431
CALL
Logitech
LOGI
$15B
| $13M | 0.01% |
129,800
+101,200
| +354% | +$11.4M |
|
1432
State Street SPDR S&P Metals & Mining ETF
XME
$4.12B
| $13M | 0.01% |
+125,310
| New | +$12.4M |
|
1433
Omeros
OMER
$712M
| $13M | 0.01% |
754,999
-250,236
| -25% | -$2.15M |
|
1434
WD-40
WDFC
$3.18B
| $13M | 0.01% |
65,833
+13,886
| +27% | +$2.74M |
|
1435
PUT
Pembina Pipeline
PBA
$29.6B
| $13M | 0.01% |
339,900
+23,500
| +7% | +$904K |
|
|
BLUW
1436
Blue Water Acquisition Corp III
BLUW
$334M
| $12.9M | 0.01% |
1,252,350
| – | – |
|
1437
California Resources
CRC
$4.78B
| $12.9M | 0.01% |
288,350
-161,851
| -36% | -$7.68M |
|
1438
PUT
Freshpet
FRPT
$2.84B
| $12.9M | 0.01% |
210,900
-100,900
| -32% | -$5.72M |
|
|
FAC
1439
Factorial Energy Inc
FAC
$608M
| $12.8M | 0.01% |
1,248,100
| – | – |
|
1440
CALL
Vale
VALE
$63.2B
| $12.8M | 0.01% |
985,000
-2,096,500
| -68% | -$25.5M |
|
1441
News Corp Class B
NWS
$16.8B
| $12.8M | 0.01% |
432,746
+57,583
| +15% | +$1.72M |
|
1442
Fortis
FTS
$29.7B
| $12.8M | 0.01% |
246,462
-148,983
| -38% | -$7.64M |
|
1443
State Street SPDR S&P Insurance ETF
KIE
$605M
| $12.8M | 0.01% |
212,560
+197,801
| +1,340% | +$11.6M |
|
1444
PUT
Lincoln National
LNC
$7.97B
| $12.8M | 0.01% |
287,100
| – | – |
|
1445
American Superconductor
AMSC
$1.62B
| $12.8M | 0.01% |
443,148
-309,555
| -41% | -$13.4M |
|
1446
Ares Capital
ARCC
$13.5B
| $12.8M | 0.01% |
+630,267
| New | +$12.7M |
|
1447
Prosperity Bancshares
PB
$8.76B
| $12.7M | 0.01% |
183,523
-179,075
| -49% | -$12.1M |
|
1448
HubSpot
HUBS
$10.5B
| $12.7M | 0.01% |
31,600
-21,269
| -40% | -$8.81M |
|
1449
Cohu
COHU
$2.6B
| $12.7M | 0.01% |
544,806
+281,367
| +107% | +$6.45M |
|
|
OYSE
1450
Oyster Enterprises II Acquisition Corp
OYSE
| $12.7M | 0.01% |
1,252,350
| – | – |
|
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.