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 | |
|---|---|---|---|---|---|---|
|
TDACU
2451
Translational Development Acquisition Corp Units
TDACU
$173M
| $3.69M | ﹤0.01% |
350,000
| – | – |
|
2452
CALL
UBS Group
UBS
$173B
| $3.69M | ﹤0.01% |
79,700
+43,700
| +121% | +$1.77M |
|
2453
Alector
ALEC
$161M
| $3.69M | ﹤0.01% |
2,365,151
+1,386,947
| +142% | +$2.46M |
|
2454
PUT
Teva Pharmaceuticals
TEVA
$37.5B
| $3.69M | ﹤0.01% |
118,100
-49,200
| -29% | -$1.21M |
|
|
SLI
2455
Standard Lithium
SLI
$551M
| $3.69M | ﹤0.01% |
824,536
-423,542
| -34% | -$1.79M |
|
2456
CALL
Enovix
ENVX
$1.06B
| $3.68M | ﹤0.01% |
503,600
+138,100
| +38% | +$1.34M |
|
2457
Arcosa
ACA
$7.11B
| $3.67M | ﹤0.01% |
34,534
-31,085
| -47% | -$3.14M |
|
2458
Compass
COMP
$8.95B
| $3.67M | ﹤0.01% |
347,239
-2,953,497
| -89% | -$26.9M |
|
2459
PUT
Kohl's
KSS
$1.97B
| $3.67M | ﹤0.01% |
179,800
-250,000
| -58% | -$4.68M |
|
2460
NWPX Infrastructure Inc
NWPX
$1.34B
| $3.67M | ﹤0.01% |
58,660
+14,030
| +31% | +$809K |
|
2461
Quanex
NX
$841M
| $3.65M | ﹤0.01% |
237,534
+86,382
| +57% | +$1.22M |
|
2462
Kulicke & Soffa
KLIC
$5.22B
| $3.65M | ﹤0.01% |
80,152
+63,087
| +370% | +$2.67M |
|
2463
Tower Semiconductor
TSEM
$26.8B
| $3.65M | ﹤0.01% |
31,067
+12,819
| +70% | +$1.23M |
|
2464
PUT
SAP
SAP
$186B
| $3.64M | ﹤0.01% |
+15,000
| New | +$3.82M |
|
2465
PUT
Elbit Systems
ESLT
$34.9B
| $3.64M | ﹤0.01% |
6,300
-6,600
| -51% | -$3.31M |
|
|
TDAC
2466
Translational Development Acquisition Corp
TDAC
$207M
| $3.64M | ﹤0.01% |
346,900
| – | – |
|
2467
OFG Bancorp
OFG
$2.12B
| $3.63M | ﹤0.01% |
88,680
+48,179
| +119% | +$1.97M |
|
2468
Oppenheimer Holdings
OPY
$1.19B
| $3.63M | ﹤0.01% |
50,188
+9,744
| +24% | +$678K |
|
2469
iShares Asia 50 ETF
AIA
$4.54B
| $3.63M | ﹤0.01% |
+37,183
| New | +$3.59M |
|
2470
Costamare
CMRE
$1.8B
| $3.62M | ﹤0.01% |
229,567
-69,619
| -23% | -$962K |
|
|
SVC
2471
Service Properties Trust
SVC
$1.11B
| $3.62M | ﹤0.01% |
393,993
-109,718
| -22% | -$1.1M |
|
2472
PUT
D.R. Horton
DHI
$42.6B
| $3.62M | ﹤0.01% |
25,100
| – | – |
|
2473
CALL
Array Technologies
ARRY
$971M
| $3.61M | ﹤0.01% |
391,700
| – | – |
|
2474
CALL
Emerson Electric
EMR
$78.5B
| $3.61M | ﹤0.01% |
27,200
+8,300
| +44% | +$1.1M |
|
2475
PUT
ZIM Integrated Shipping Services
ZIM
$2.92B
| $3.61M | ﹤0.01% |
170,000
| – | – |
|
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.