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 | |
|---|---|---|---|---|---|---|
2776
PUT
Air Products & Chemicals
APD
$67.9B
| $2.47M | ﹤0.01% |
10,000
| – | – |
|
2777
Brady Corp
BRC
$4.4B
| $2.47M | ﹤0.01% |
31,484
+3,631
| +13% | +$281K |
|
2778
Installed Building Products
IBP
$6.42B
| $2.47M | ﹤0.01% |
+9,509
| New | +$2.46M |
|
2779
MetLife
MET
$61.1B
| $2.47M | ﹤0.01% |
31,228
-208,042
| -87% | -$16.5M |
|
2780
PUT
Teck Resources
TECK
$34.8B
| $2.46M | ﹤0.01% |
51,400
| – | – |
|
2781
Midland States Bancorp
MSBI
$681M
| $2.46M | ﹤0.01% |
116,193
+73,377
| +171% | +$1.3M |
|
2782
Hyatt Hotels
H
$16.4B
| $2.46M | ﹤0.01% |
15,329
-20,057
| -57% | -$3.07M |
|
|
FPI
2783
Farmland Partners
FPI
$449M
| $2.45M | ﹤0.01% |
252,975
+63,403
| +33% | +$635K |
|
2784
Tanger
SKT
$4.34B
| $2.44M | ﹤0.01% |
73,267
-179,609
| -71% | -$5.99M |
|
|
USAR
2785
USA Rare Earth Inc
USAR
$4.61B
| $2.44M | ﹤0.01% |
+205,441
| New | +$3.91M |
|
2786
Ducommun
DCO
$2.79B
| $2.43M | ﹤0.01% |
25,592
-21,897
| -46% | -$2.04M |
|
2787
CALL
First Majestic Silver
AG
$10.7B
| $2.43M | ﹤0.01% |
145,800
-3,000
| -2% | -$41.7K |
|
2788
Enovis
ENOV
$1.45B
| $2.43M | ﹤0.01% |
91,071
+84,103
| +1,207% | +$2.48M |
|
2789
D-Wave Quantum Inc
QBTS
$6.68B
| $2.43M | ﹤0.01% |
92,773
-13,555,579
| -99% | -$395M |
|
2790
PUT
Globant
GLOB
$1.74B
| $2.43M | ﹤0.01% |
37,100
+9,600
| +35% | +$603K |
|
2791
CALL
Huntsman Corp
HUN
$1.68B
| $2.42M | ﹤0.01% |
242,400
+167,900
| +225% | +$1.54M |
|
2792
PUT
KKR & Co
KKR
$98.4B
| $2.42M | ﹤0.01% |
19,000
+2,700
| +17% | +$336K |
|
2793
Douglas Elliman
DOUG
$169M
| $2.42M | ﹤0.01% |
1,021,644
-463,724
| -31% | -$1.19M |
|
2794
PUT
Delek US
DK
$4.3B
| $2.42M | ﹤0.01% |
81,500
-119,700
| -59% | -$4.27M |
|
|
NPKI
2795
NPK International
NPKI
$1.15B
| $2.41M | ﹤0.01% |
202,130
-75,845
| -27% | -$925K |
|
2796
AXIS Capital
AXS
$7.24B
| $2.41M | ﹤0.01% |
22,478
+12,418
| +123% | +$1.23M |
|
2797
CALL
BellRing Brands
BRBR
$1.2B
| $2.41M | ﹤0.01% |
+90,000
| New | +$2.79M |
|
|
2798
PUT
BellRing Brands
BRBR
$1.2B
| $2.41M | ﹤0.01% |
+90,000
| New | +$2.79M |
|
2799
CALL
Sable Offshore Corp
SOC
$863M
| $2.4M | ﹤0.01% |
266,200
| – | – |
|
2800
CALL
Tidewater
TDW
$4.57B
| $2.4M | ﹤0.01% |
47,500
-5,000
| -10% | -$264K |
|
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.