David Shaw D.E. Shaw & Co
David Shaw founded D. E. Shaw & Co., a pioneering quantitative investment firm that helped define systematic trading at scale. With a background in computer science, Shaw built teams that applied advanced computation to markets across equities, derivatives, and other assets. The firm remains one of the most important quant platforms in global finance, even as Shaw’s own public role has shifted over time.
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 | Miscellaneous | 35.73% |
| 2 | Technology | 18.6% |
| 3 | Consumer Discretionary | 9.12% |
| 4 | Healthcare | 7.62% |
| 5 | Industrials | 7.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
uniQure
QURE
$3.44B
| $3.16M | ﹤0.01% |
131,956
+99,419
| +306% | +$3.84M |
|
2577
iShares MSCI Japan ETF
EWJ
$22.7B
| $3.15M | ﹤0.01% |
39,069
-114,360
| -75% | -$9.4M |
|
2578
Napco Security Technologies
NSSC
$1.26B
| $3.14M | ﹤0.01% |
75,362
-88,534
| -54% | -$3.72M |
|
2579
CALL
Macy's
M
$5.92B
| $3.14M | ﹤0.01% |
142,400
-20,800
| -13% | -$426K |
|
2580
MannKind Corp
MNKD
$1.31B
| $3.14M | ﹤0.01% |
553,759
-303,187
| -35% | -$1.67M |
|
2581
PUT
Olin
OLN
$1.97B
| $3.13M | ﹤0.01% |
150,500
+8,800
| +6% | +$190K |
|
2582
Banner Corp
BANR
$2.38B
| $3.13M | ﹤0.01% |
+50,002
| New | +$3.16M |
|
2583
CALL
Restaurant Brands International
QSR
$27.2B
| $3.13M | ﹤0.01% |
+45,900
| New | +$3.16M |
|
|
DYNC
2584
Dynamix Corp
DYNC
$241M
| $3.11M | ﹤0.01% |
302,200
| – | – |
|
2585
CALL
Marriott International
MAR
$92.3B
| $3.1M | ﹤0.01% |
10,000
-4,900
| -33% | -$1.4M |
|
2586
CALL
Antero Resources
AR
$11.8B
| $3.1M | ﹤0.01% |
+90,000
| New | +$3.05M |
|
2587
Power Integrations
POWI
$3.09B
| $3.1M | ﹤0.01% |
87,212
-567,362
| -87% | -$21.5M |
|
2588
PUT
NewMarket
NEU
$8.49B
| $3.09M | ﹤0.01% |
4,500
-2,900
| -39% | -$2.21M |
|
2589
CALL
Cinemark Holdings
CNK
$4.24B
| $3.08M | ﹤0.01% |
132,700
| – | – |
|
2590
Monro
MNRO
$383M
| $3.08M | ﹤0.01% |
+153,851
| New | +$2.83M |
|
2591
CALL
Idaho Strategic Resources
IDR
$535M
| $3.08M | ﹤0.01% |
76,500
+31,300
| +69% | +$1.2M |
|
2592
Gentherm
THRM
$1.24B
| $3.08M | ﹤0.01% |
84,735
-42,550
| -33% | -$1.53M |
|
|
COLA
2593
Columbus Acquisition Corp
COLA
$48.1M
| $3.07M | ﹤0.01% |
297,000
| – | – |
|
2594
Digi International
DGII
$2.94B
| $3.07M | ﹤0.01% |
70,980
+12,539
| +21% | +$502K |
|
2595
Illumina
ILMN
$34.4B
| $3.07M | ﹤0.01% |
23,419
+13,635
| +139% | +$1.6M |
|
2596
PUT
Jefferies Financial Group
JEF
$12.2B
| $3.07M | ﹤0.01% |
49,500
| – | – |
|
2597
PUT
Flutter Entertainment
FLUT
$16.5B
| $3.05M | ﹤0.01% |
+14,200
| New | +$3.19M |
|
2598
ZipRecruiter
ZIP
$353M
| $3.05M | ﹤0.01% |
782,935
+92,259
| +13% | +$415K |
|
2599
Mettler-Toledo International
MTD
$28.2B
| $3.05M | ﹤0.01% |
2,190
-3,602
| -62% | -$5.03M |
|
|
FLG
2600
Flagstar Bank National Association
FLG
$5.58B
| $3.05M | ﹤0.01% |
242,467
+217,910
| +887% | +$2.6M |
|
Similar funds
David Shaw's Q4 2025 Portfolio in Review
As of Q4 2025, David Shaw held 5,141 positions worth $182B, up 3% from $177B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
David Shaw'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 Miscellaneous at 36% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
- David Shaw's largest Q4 2025 buy was iShares Core S&P 500 ETF: 1,175,000 shares worth $805M.
- David Shaw added most to Advanced Micro Devices in Q4 2025, an estimated $1.52B increase.
- David Shaw's biggest Q4 2025 reduction was Micron Technology, cutting an estimated $1.31B.
- David Shaw fully exited Vanguard Short-Term Corporate Bond ETF in Q4 2025, selling an estimated $499M.
- David Shaw's ten largest holdings make up 12% of its $182B portfolio in Q4 2025.
- David Shaw opened 639 new positions and closed 583 in Q4 2025.
- David Shaw'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.