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 | |
|---|---|---|---|---|---|---|
1501
West Fraser Timber
WFG
$5.28B
| $11.9M | 0.01% |
194,859
-79,048
| -29% | -$4.95M |
|
|
JACS
1502
Jackson Acquisition Co II
JACS
$316M
| $11.9M | 0.01% |
1,138,500
| – | – |
|
1503
EverQuote
EVER
$880M
| $11.9M | 0.01% |
439,168
+7,167
| +2% | +$174K |
|
|
SUNC
1504
SunocoCorp LLC
SUNC
$3.93B
| $11.9M | 0.01% |
+240,556
| New | +$12.1M |
|
1505
PUT
Elevance Health
ELV
$84.4B
| $11.8M | 0.01% |
33,800
-59,600
| -64% | -$20.1M |
|
1506
CALL
Zillow
Z
$7.18B
| $11.8M | 0.01% |
173,600
-195,900
| -53% | -$14.2M |
|
1507
Sigma Lithium
SGML
$1.14B
| $11.8M | 0.01% |
+897,552
| New | +$7.73M |
|
1508
PUT
AT&T
T
$160B
| $11.8M | 0.01% |
476,100
-74,500
| -14% | -$1.89M |
|
1509
PUT
Lowe's Companies
LOW
$115B
| $11.8M | 0.01% |
49,000
+45,800
| +1,431% | +$11M |
|
1510
NexGen Energy
NXE
$6.25B
| $11.8M | 0.01% |
1,284,189
+522,083
| +69% | +$4.61M |
|
|
ATII
1511
Archimedes Tech SPAC Partners II Co
ATII
$316M
| $11.8M | 0.01% |
1,138,500
| – | – |
|
1512
AutoNation
AN
$6.89B
| $11.8M | 0.01% |
56,963
+36,852
| +183% | +$7.67M |
|
1513
LegalZoom.com
LZ
$1.22B
| $11.7M | 0.01% |
1,182,174
-546,964
| -32% | -$5.42M |
|
1514
CALL
Regeneron Pharmaceuticals
REGN
$68.3B
| $11.7M | 0.01% |
15,200
-28,500
| -65% | -$19.4M |
|
|
VCIC
1515
DELISTED
Vine Hill Capital Investment Corp
VCIC
| $11.7M | 0.01% |
1,088,772
| – | – |
|
1516
Sociedad Química y Minera de Chile
SQM
$19.8B
| $11.7M | 0.01% |
+170,428
| New | +$9.39M |
|
1517
CALL
American Electric Power
AEP
$72.4B
| $11.7M | 0.01% |
101,400
-8,700
| -8% | -$1.03M |
|
1518
Bausch Health
BHC
$1.7B
| $11.7M | 0.01% |
1,680,629
+748,012
| +80% | +$4.92M |
|
1519
Daily Journal
DJCO
$792M
| $11.7M | 0.01% |
+23,929
| New | +$10.6M |
|
1520
CALL
Duke Energy
DUK
$99.7B
| $11.6M | 0.01% |
99,200
+12,800
| +15% | +$1.56M |
|
1521
Live Oak Bancshares
LOB
$1.9B
| $11.6M | 0.01% |
338,487
+63,032
| +23% | +$2.11M |
|
|
VACH
1522
DELISTED
Voyager Acquisition Corp
VACH
| $11.6M | 0.01% |
1,089,000
| – | – |
|
1523
Sumitomo Mitsui Financial
SMFG
$166B
| $11.6M | 0.01% |
600,909
-111,969
| -16% | -$1.94M |
|
1524
PUT
CarMax
KMX
$8.15B
| $11.6M | 0.01% |
300,300
-41,000
| -12% | -$1.64M |
|
1525
Northern Oil and Gas
NOG
$2.4B
| $11.6M | 0.01% |
539,878
-66,231
| -11% | -$1.49M |
|
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.