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
| 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
| 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
| 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 | |
|---|---|---|---|---|---|---|
2351
PUT
AB InBev
BUD
$156B
| $4.14M | ﹤0.01% |
+64,600
| New | +$4.01M |
|
2352
Everspin Technologies
MRAM
$341M
| $4.13M | ﹤0.01% |
445,426
-69,741
| -14% | -$663K |
|
2353
Corpay
CPAY
$24B
| $4.13M | ﹤0.01% |
13,721
-188,364
| -93% | -$54.7M |
|
|
PSKY
2354
CALL
Paramount Skydance Corp
PSKY
$9.8B
| $4.13M | ﹤0.01% |
307,900
-2,100
| -0.7% | -$32.8K |
|
2355
Daktronics
DAKT
$923M
| $4.12M | ﹤0.01% |
208,638
-5,561
| -3% | -$106K |
|
2356
Simulations Plus
SLP
$369M
| $4.12M | ﹤0.01% |
225,981
+8,171
| +4% | +$143K |
|
2357
Design Therapeutics
DSGN
$789M
| $4.12M | ﹤0.01% |
438,894
+65,618
| +18% | +$514K |
|
2358
WSFS Financial
WSFS
$4.16B
| $4.12M | ﹤0.01% |
74,520
+57,689
| +343% | +$3.16M |
|
2359
CALL
Shake Shack
SHAK
$2.34B
| $4.12M | ﹤0.01% |
50,700
+17,000
| +50% | +$1.5M |
|
|
AIIA
2360
AI Infrastructure Acquisition Corp
AIIA
$197M
| $4.12M | ﹤0.01% |
+414,000
| New | +$4.11M |
|
2361
Campbell Soup
CPB
$6.6B
| $4.11M | ﹤0.01% |
147,579
-48,476
| -25% | -$1.46M |
|
|
QUMS
2362
Quantumsphere Acquisition Corp
QUMS
$112M
| $4.1M | ﹤0.01% |
+409,860
| New | +$4.09M |
|
|
FERA
2363
Fifth Era Acquisition Corp I
FERA
$326M
| $4.1M | ﹤0.01% |
400,202
| – | – |
|
2364
Nomura Holdings
NMR
$27.6B
| $4.08M | ﹤0.01% |
486,537
-464,299
| -49% | -$3.47M |
|
2365
PUT
Vermilion Energy
VET
$1.5B
| $4.08M | ﹤0.01% |
490,000
| – | – |
|
2366
CALL
Molina Healthcare
MOH
$11.8B
| $4.06M | ﹤0.01% |
23,400
+3,400
| +17% | +$559K |
|
2367
CALL
Comstock Resources
CRK
$3.93B
| $4.06M | ﹤0.01% |
175,100
+118,000
| +207% | +$2.6M |
|
|
CMRC
2368
Commerce.com Inc Series 1
CMRC
$251M
| $4.06M | ﹤0.01% |
985,008
+49,583
| +5% | +$228K |
|
2369
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.62B
| $4.05M | ﹤0.01% |
93,544
+88,939
| +1,931% | +$3.85M |
|
|
WLAC
2370
DELISTED
Willow Lane Acquisition Corp
WLAC
| $4.04M | ﹤0.01% |
320,012
| – | – |
|
2371
Par Pacific Holdings
PARR
$3.82B
| $4.04M | ﹤0.01% |
114,925
-218,949
| -66% | -$8.7M |
|
2372
Invesco Solar ETF
TAN
$1.58B
| $4.04M | ﹤0.01% |
82,175
-51,182
| -38% | -$2.46M |
|
|
ORLA
2373
PUT
Orla Mining
ORLA
$3.23B
| $4.04M | ﹤0.01% |
300,000
| – | – |
|
2374
OraSure Technologies
OSUR
$267M
| $4.03M | ﹤0.01% |
1,665,532
-24,139
| -1% | -$63.5K |
|
|
KBONU
2375
Karbon Capital Partners Corp Units
KBONU
$316M
| $4.03M | ﹤0.01% |
+400,000
| New | +$4.03M |
|
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.