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 | |
|---|---|---|---|---|---|---|
|
TACH
1476
Titan Acquisition Corp
TACH
$359M
| $12.2M | 0.01% |
1,188,043
+837,861
| +239% | +$8.57M |
|
1477
ArcelorMittal
MT
$50.1B
| $12.2M | 0.01% |
267,475
+133,317
| +99% | +$5.48M |
|
1478
Ambev
ABEV
$48.5B
| $12.2M | 0.01% |
4,933,019
+2,342,091
| +90% | +$5.58M |
|
1479
CALL
RH
RH
$3.31B
| $12.2M | 0.01% |
67,900
+50,000
| +279% | +$8.55M |
|
1480
CALL
Atlassian
TEAM
$21.7B
| $12.1M | 0.01% |
74,900
-61,100
| -45% | -$9.59M |
|
1481
CALL
On Holding
ONON
$12.2B
| $12.1M | 0.01% |
260,900
+30,000
| +13% | +$1.29M |
|
1482
Novanta
NOVT
$5.17B
| $12.1M | 0.01% |
101,845
-173,523
| -63% | -$19.8M |
|
1483
Wabtec
WAB
$49.2B
| $12.1M | 0.01% |
56,679
-10,939
| -16% | -$2.25M |
|
1484
First Majestic Silver
AG
$8.55B
| $12.1M | 0.01% |
725,783
+3,295
| +0.5% | +$45.8K |
|
1485
V2X
VVX
$2.54B
| $12.1M | 0.01% |
221,162
+95,940
| +77% | +$5.4M |
|
1486
Xponential Fitness
XPOF
$255M
| $12.1M | 0.01% |
1,465,013
| – | – |
|
1487
Varex Imaging
VREX
$449M
| $12M | 0.01% |
1,033,679
-85,094
| -8% | -$997K |
|
1488
PUT
Shake Shack
SHAK
$2.26B
| $12M | 0.01% |
148,200
+56,200
| +61% | +$4.95M |
|
1489
Pagaya Technologies
PGY
$1.4B
| $12M | 0.01% |
574,789
-1,502,859
| -72% | -$38.3M |
|
1490
IDT Corp
IDT
$1.6B
| $12M | 0.01% |
234,545
-19,526
| -8% | -$979K |
|
|
POLE
1491
Andretti Acquisition Corp II
POLE
$319M
| $12M | 0.01% |
1,138,500
| – | – |
|
1492
Dillards
DDS
$9.2B
| $12M | 0.01% |
19,788
-19,850
| -50% | -$12.5M |
|
1493
PUT
Ovintiv
OVV
$17B
| $12M | 0.01% |
306,100
+34,500
| +13% | +$1.34M |
|
1494
Webster Financial
WBS
$12.4B
| $12M | 0.01% |
190,304
+184,918
| +3,433% | +$11M |
|
|
AAUC
1495
Allied Gold Corp
AAUC
$2.74B
| $12M | 0.01% |
522,432
+489,200
| +1,472% | +$9.42M |
|
1496
Upstart Holdings
UPST
$2.74B
| $12M | 0.01% |
273,487
+164,297
| +150% | +$7.57M |
|
|
DQ
1497
CALL
Daqo New Energy
DQ
$812M
| $12M | 0.01% |
405,300
+40,000
| +11% | +$1.22M |
|
|
LPBB
1498
Launch Two Acquisition Corp
LPBB
$309M
| $12M | 0.01% |
1,138,500
| – | – |
|
1499
PUT
Freeport-McMoran
FCX
$93.4B
| $11.9M | 0.01% |
235,000
-177,600
| -43% | -$7.7M |
|
1500
PUT
Toast
TOST
$16.9B
| $11.9M | 0.01% |
336,100
-24,400
| -7% | -$880K |
|
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.