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 | |
|---|---|---|---|---|---|---|
1951
PUT
PVH
PVH
$3.68B
| $6.92M | ﹤0.01% |
103,200
-59,900
| -37% | -$4.68M |
|
1952
Ligand Pharmaceuticals
LGND
$5.94B
| $6.91M | ﹤0.01% |
36,551
+19,037
| +109% | +$3.66M |
|
1953
SBA Communications
SBAC
$19.6B
| $6.9M | ﹤0.01% |
+35,681
| New | +$6.89M |
|
1954
Regions Financial
RF
$27.6B
| $6.89M | ﹤0.01% |
254,149
+117,750
| +86% | +$3.01M |
|
1955
FirstService
FSV
$6.95B
| $6.88M | ﹤0.01% |
44,211
-46,500
| -51% | -$7.57M |
|
1956
Curtiss-Wright
CW
$26.4B
| $6.88M | ﹤0.01% |
12,472
+4,320
| +53% | +$2.41M |
|
|
HYAC
1957
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $6.87M | ﹤0.01% |
603,700
| – | – |
|
1958
PUT
XPeng
XPEV
$13.4B
| $6.85M | ﹤0.01% |
+337,600
| New | +$7.33M |
|
1959
Red Rock Resorts
RRR
$3.9B
| $6.84M | ﹤0.01% |
110,424
-97,369
| -47% | -$5.69M |
|
1960
PUT
Jabil
JBL
$32.2B
| $6.84M | ﹤0.01% |
30,000
| – | – |
|
1961
United Microelectronic
UMC
$55.9B
| $6.84M | ﹤0.01% |
+870,260
| New | +$6.6M |
|
1962
Columbus McKinnon
CMCO
$426M
| $6.83M | ﹤0.01% |
395,674
+11,424
| +3% | +$183K |
|
1963
Community Health Systems
CYH
$476M
| $6.79M | ﹤0.01% |
2,175,152
-1,513,823
| -41% | -$5.09M |
|
|
KYIV
1964
Kyivstar Group
KYIV
$3.34B
| $6.76M | ﹤0.01% |
520,947
-315,207
| -38% | -$4.15M |
|
1965
CALL
KeyCorp
KEY
$25.9B
| $6.76M | ﹤0.01% |
327,500
+135,800
| +71% | +$2.53M |
|
1966
PUT
BioNTech
BNTX
$23.2B
| $6.76M | ﹤0.01% |
71,000
+39,000
| +122% | +$3.93M |
|
|
MOFG
1967
DELISTED
MidWestOne Financial Group
MOFG
| $6.75M | ﹤0.01% |
+175,290
| New | +$6.39M |
|
1968
Teradata
TDC
$2.91B
| $6.75M | ﹤0.01% |
221,703
+90,692
| +69% | +$2.37M |
|
1969
Weibo
WB
$1.93B
| $6.75M | ﹤0.01% |
660,244
+32,159
| +5% | +$345K |
|
1970
McEwen Inc
MUX
$991M
| $6.74M | ﹤0.01% |
364,153
-244,703
| -40% | -$4.55M |
|
1971
PUT
Lithia Motors
LAD
$7.73B
| $6.71M | ﹤0.01% |
20,200
-8,000
| -28% | -$2.54M |
|
1972
Grupo Cibest SA
CIB
$18.9B
| $6.69M | ﹤0.01% |
105,248
-38,509
| -27% | -$2.3M |
|
1973
First Trust NASDAQ Cybersecurity ETF
CIBR
$14.3B
| $6.67M | ﹤0.01% |
93,283
+79,884
| +596% | +$5.99M |
|
1974
iShares Biotechnology ETF
IBB
$9.23B
| $6.62M | ﹤0.01% |
+39,244
| New | +$6.37M |
|
1975
PUT
Shift4
FOUR
$4.1B
| $6.62M | ﹤0.01% |
105,100
+94,000
| +847% | +$6.64M |
|
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.