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 | |
|---|---|---|---|---|---|---|
1926
Xperi
XPER
$364M
| $7.19M | ﹤0.01% |
1,226,590
+201,641
| +20% | +$1.26M |
|
1927
CALL
Teck Resources
TECK
$27.3B
| $7.18M | ﹤0.01% |
+150,000
| New | +$6.5M |
|
1928
Atkore
ATKR
$2.47B
| $7.16M | ﹤0.01% |
113,145
-38,147
| -25% | -$2.49M |
|
|
DMAA
1929
Drugs Made In America Acquisition Corp
DMAA
$259M
| $7.16M | ﹤0.01% |
690,000
| – | – |
|
1930
Henry Schein
HSIC
$10.1B
| $7.15M | ﹤0.01% |
94,632
+52,076
| +122% | +$3.66M |
|
1931
Avantis US Small Cap Value ETF
AVUV
$29.4B
| $7.14M | ﹤0.01% |
+69,970
| New | +$7M |
|
1932
Workday
WDAY
$35.9B
| $7.11M | ﹤0.01% |
33,107
-62,581
| -65% | -$14.2M |
|
|
EVOX
1933
Evolution Global Acquisition Corp
EVOX
$322M
| $7.11M | ﹤0.01% |
+719,997
| New | +$7.12M |
|
1934
CALL
Elbit Systems
ESLT
$34.6B
| $7.11M | ﹤0.01% |
12,300
-11,100
| -47% | -$5.56M |
|
1935
PUT
Cadence Design Systems
CDNS
$101B
| $7.1M | ﹤0.01% |
22,700
-5,000
| -18% | -$1.63M |
|
1936
Truist Financial
TFC
$66.3B
| $7.07M | ﹤0.01% |
143,637
-452,974
| -76% | -$20.9M |
|
1937
PUT
SolarEdge
SEDG
$3.18B
| $7.07M | ﹤0.01% |
245,000
| – | – |
|
1938
IPG Photonics
IPGP
$4.39B
| $7.06M | ﹤0.01% |
98,599
-27,074
| -22% | -$2.21M |
|
1939
Alcoa
AA
$12.4B
| $7.06M | ﹤0.01% |
132,799
+110,408
| +493% | +$4.52M |
|
1940
KB Financial Group
KB
$42.7B
| $7M | ﹤0.01% |
+81,326
| New | +$6.85M |
|
1941
PUT
STMicroelectronics
STM
$56B
| $7M | ﹤0.01% |
269,700
+73,200
| +37% | +$1.88M |
|
1942
Clear Channel Outdoor Holdings
CCO
$1.23B
| $6.99M | ﹤0.01% |
3,161,473
+1,235,630
| +64% | +$2.29M |
|
1943
CMS Energy
CMS
$23B
| $6.99M | ﹤0.01% |
99,906
-93,885
| -48% | -$6.83M |
|
1944
Vipshop
VIPS
$7.01B
| $6.95M | ﹤0.01% |
392,942
+123,313
| +46% | +$2.37M |
|
1945
LivaNova
LIVN
$4.49B
| $6.95M | ﹤0.01% |
112,958
-249,653
| -69% | -$14.3M |
|
1946
PUT
Academy Sports + Outdoors
ASO
$3.01B
| $6.93M | ﹤0.01% |
138,800
+8,000
| +6% | +$397K |
|
|
SFBS
1947
ServisFirst Bancshares
SFBS
$4.83B
| $6.92M | ﹤0.01% |
96,441
+71,017
| +279% | +$5.21M |
|
1948
Ecopetrol
EC
$32.5B
| $6.92M | ﹤0.01% |
690,567
+189,118
| +38% | +$1.8M |
|
|
NML
1949
Neuberger Energy Infrastructure and Income Fund Inc
NML
$584M
| $6.92M | ﹤0.01% |
813,814
+17,544
| +2% | +$147K |
|
1950
Alerian MLP ETF
AMLP
$12.7B
| $6.92M | ﹤0.01% |
147,104
+119,761
| +438% | +$5.61M |
|
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.