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 | |
|---|---|---|---|---|---|---|
2876
Backblaze
BLZE
$937M
| $2.19M | ﹤0.01% |
469,066
+105,115
| +29% | +$720K |
|
2877
PUT
QuidelOrtho
QDEL
$1.05B
| $2.18M | ﹤0.01% |
76,200
+1,500
| +2% | +$40.6K |
|
2878
Mission Produce
AVO
$1.12B
| $2.18M | ﹤0.01% |
187,594
-8,206
| -4% | -$98.3K |
|
2879
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.42B
| $2.17M | ﹤0.01% |
45,232
+39,731
| +722% | +$1.91M |
|
2880
PUT
Las Vegas Sands
LVS
$29.7B
| $2.17M | ﹤0.01% |
33,300
+18,200
| +121% | +$1.12M |
|
2881
BlackBerry
BB
$4.88B
| $2.17M | ﹤0.01% |
571,743
-613,209
| -52% | -$2.7M |
|
|
NFBK
2882
DELISTED
Northfield Bancorp
NFBK
| $2.16M | ﹤0.01% |
189,157
+9,163
| +5% | +$102K |
|
2883
UWM Holdings
UWMC
$2.31B
| $2.16M | ﹤0.01% |
493,505
-968,291
| -66% | -$5.21M |
|
2884
United States Lime & Minerals
USLM
$3.4B
| $2.16M | ﹤0.01% |
18,027
+100
| +0.6% | +$12.4K |
|
2885
First Trust Nasdaq Semiconductor ETF
FTXL
$1.28B
| $2.15M | ﹤0.01% |
16,621
-5,421
| -25% | -$670K |
|
2886
Matador Resources
MTDR
$6.76B
| $2.15M | ﹤0.01% |
50,666
+37,666
| +290% | +$1.58M |
|
2887
Algoma Steel
ASTL
$441M
| $2.15M | ﹤0.01% |
523,258
-55,202
| -10% | -$220K |
|
2888
Pultegroup
PHM
$24.4B
| $2.15M | ﹤0.01% |
+18,314
| New | +$2.25M |
|
2889
CALL
GeneDx Holdings
WGS
$2.72B
| $2.15M | ﹤0.01% |
16,500
-16,700
| -50% | -$2.29M |
|
2890
Signet Jewelers
SIG
$3.2B
| $2.15M | ﹤0.01% |
25,881
| – | – |
|
2891
PUT
Piper Sandler
PIPR
$5.33B
| $2.14M | ﹤0.01% |
25,200
+3,600
| +17% | +$304K |
|
2892
Nextpower Inc. Common Stock
NXT
$13.6B
| $2.14M | ﹤0.01% |
24,522
-304,650
| -93% | -$27.6M |
|
2893
Arcos Dorados Holdings
ARCO
$1.66B
| $2.13M | ﹤0.01% |
289,725
-82,251
| -22% | -$592K |
|
2894
PUT
Alamos Gold
AGI
$15.9B
| $2.13M | ﹤0.01% |
+55,100
| New | +$1.92M |
|
|
LCCC
2895
Lakeshore Acquisition III Corp
LCCC
| $2.11M | ﹤0.01% |
207,000
| – | – |
|
2896
Atlanta Braves Holdings Series B
BATRK
$3.28B
| $2.11M | ﹤0.01% |
53,565
-118,771
| -69% | -$4.7M |
|
2897
Standex International
SXI
$3.68B
| $2.11M | ﹤0.01% |
9,696
-25,223
| -72% | -$5.85M |
|
2898
CALL
Insmed
INSM
$26.8B
| $2.11M | ﹤0.01% |
12,100
-49,600
| -80% | -$9.05M |
|
2899
CALL
Dollar Tree
DLTR
$24.8B
| $2.1M | ﹤0.01% |
17,100
| – | – |
|
2900
Forestar Group
FOR
$1.47B
| $2.1M | ﹤0.01% |
85,389
+7,812
| +10% | +$199K |
|
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.