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 | |
|---|---|---|---|---|---|---|
2426
AstraZeneca
AZN
$262B
| $3.81M | ﹤0.01% |
20,719
-95,097
| -82% | -$16.7M |
|
2427
CALL
Corning
GLW
$133B
| $3.81M | ﹤0.01% |
43,500
+18,500
| +74% | +$1.59M |
|
|
2428
PUT
Corning
GLW
$133B
| $3.81M | ﹤0.01% |
+43,500
| New | +$3.75M |
|
2429
Conagra Brands
CAG
$6.84B
| $3.81M | ﹤0.01% |
219,940
-1,304,301
| -86% | -$23.2M |
|
2430
PUT
WIX.com
WIX
$2.15B
| $3.79M | ﹤0.01% |
36,500
+10,400
| +40% | +$1.26M |
|
2431
CALL
Enphase Energy
ENPH
$5.48B
| $3.79M | ﹤0.01% |
118,300
-629,100
| -84% | -$20.4M |
|
2432
Teladoc Health
TDOC
$1.7B
| $3.79M | ﹤0.01% |
541,280
+246,844
| +84% | +$1.93M |
|
2433
Pegasystems
PEGA
$5.38B
| $3.79M | ﹤0.01% |
63,403
+13,369
| +27% | +$783K |
|
2434
Invesco S&P 500 Low Volatility ETF
SPLV
$7.19B
| $3.78M | ﹤0.01% |
52,904
+34,813
| +192% | +$2.5M |
|
2435
PUT
Tidewater
TDW
$3.77B
| $3.77M | ﹤0.01% |
74,700
| – | – |
|
2436
CALL
Wheaton Precious Metals
WPM
$47.3B
| $3.77M | ﹤0.01% |
32,100
+3,600
| +13% | +$385K |
|
2437
CALL
Coupang
CPNG
$29.9B
| $3.75M | ﹤0.01% |
+158,900
| New | +$4.52M |
|
|
SCHW
2438
PUT
Charles Schwab
SCHW
$177B
| $3.75M | ﹤0.01% |
37,500
-91,300
| -71% | -$8.66M |
|
|
KC
2439
Kingsoft Cloud Holdings
KC
$2.86B
| $3.74M | ﹤0.01% |
361,600
-1,296,450
| -78% | -$15.9M |
|
2440
CALL
Planet Labs
PL
$8.02B
| $3.73M | ﹤0.01% |
189,400
+87,300
| +86% | +$1.25M |
|
2441
PUT
JetBlue
JBLU
$2.01B
| $3.71M | ﹤0.01% |
816,200
+166,200
| +26% | +$758K |
|
2442
Herbalife
HLF
$1.24B
| $3.71M | ﹤0.01% |
287,789
+36,703
| +15% | +$389K |
|
2443
Advance Auto Parts
AAP
$3.2B
| $3.71M | ﹤0.01% |
94,385
+77,722
| +466% | +$3.9M |
|
2444
Packaging Corp of America
PKG
$20.8B
| $3.71M | ﹤0.01% |
17,984
-137,876
| -88% | -$28M |
|
2445
Celldex Therapeutics
CLDX
$2.77B
| $3.7M | ﹤0.01% |
136,324
-121,008
| -47% | -$3.19M |
|
|
LMRI
2446
Lumexa Imaging Holdings
LMRI
$1.07B
| $3.7M | ﹤0.01% |
+200,000
| New | +$3.61M |
|
2447
Weis Markets
WMK
$1.93B
| $3.7M | ﹤0.01% |
57,720
+5,947
| +11% | +$397K |
|
2448
Utz Brands
UTZ
$639M
| $3.7M | ﹤0.01% |
+356,181
| New | +$3.84M |
|
|
EMA
2449
CALL
Emera Inc
EMA
$16.9B
| $3.7M | ﹤0.01% |
75,000
| – | – |
|
2450
Papa John's
PZZA
$1.08B
| $3.69M | ﹤0.01% |
95,963
+31,613
| +49% | +$1.4M |
|
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.