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 | 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 | |
|---|---|---|---|---|---|---|
3026
iShares US Transportation ETF
IYT
$2.28B
| $1.78M | ﹤0.01% |
+23,936
| New | +$1.74M |
|
3027
CALL
Harley-Davidson
HOG
$2.9B
| $1.78M | ﹤0.01% |
+87,000
| New | +$2.14M |
|
3028
PUT
Emcor
EME
$33.7B
| $1.77M | ﹤0.01% |
2,900
-2,700
| -48% | -$1.75M |
|
3029
CALL
Under Armour
UAA
$2.21B
| $1.77M | ﹤0.01% |
356,900
+300,000
| +527% | +$1.39M |
|
3030
PACS Group
PACS
$7.03B
| $1.77M | ﹤0.01% |
46,127
-49,836
| -52% | -$1.09M |
|
3031
Trevi Therapeutics
TRVI
$2.55B
| $1.77M | ﹤0.01% |
+141,312
| New | +$1.63M |
|
3032
CALL
TFI International
TFII
$11.1B
| $1.77M | ﹤0.01% |
17,100
-18,000
| -51% | -$1.68M |
|
|
CAEP
3033
DELISTED
Cantor Equity Partners III
CAEP
| $1.77M | ﹤0.01% |
173,229
| – | – |
|
|
WAY
3034
Waystar Holding Corp
WAY
$4.63B
| $1.77M | ﹤0.01% |
53,952
-36,892
| -41% | -$1.31M |
|
3035
PUT
Carpenter Technology
CRS
$24B
| $1.76M | ﹤0.01% |
5,600
+4,400
| +367% | +$1.32M |
|
3036
Jack in the Box
JACK
$316M
| $1.76M | ﹤0.01% |
92,967
-49,046
| -35% | -$887K |
|
3037
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $1.76M | ﹤0.01% |
+28,972
| New | +$1.71M |
|
3038
Allogene Therapeutics
ALLO
$705M
| $1.76M | ﹤0.01% |
1,282,971
+819,073
| +177% | +$1.08M |
|
3039
Mercer International
MERC
$27.7M
| $1.75M | ﹤0.01% |
885,918
-154,104
| -15% | -$325K |
|
3040
CALL
Range Resources
RRC
$9.71B
| $1.75M | ﹤0.01% |
+49,700
| New | +$1.85M |
|
3041
PENN Entertainment
PENN
$2.39B
| $1.75M | ﹤0.01% |
118,610
+37,810
| +47% | +$590K |
|
|
CBL
3042
CBL Properties
CBL
$1.7B
| $1.75M | ﹤0.01% |
47,270
+2,404
| +5% | +$78.5K |
|
|
TTAN
3043
ServiceTitan Inc
TTAN
$8.8B
| $1.75M | ﹤0.01% |
16,416
-152,572
| -90% | -$14.9M |
|
|
SVM
3044
Silvercorp Metals
SVM
$2.89B
| $1.75M | ﹤0.01% |
208,800
-273,900
| -57% | -$1.99M |
|
3045
PUT
Booz Allen Hamilton
BAH
$8.93B
| $1.75M | ﹤0.01% |
+20,700
| New | +$1.85M |
|
|
SA
3046
PUT
Seabridge Gold
SA
$3.69B
| $1.74M | ﹤0.01% |
58,900
-31,500
| -35% | -$828K |
|
|
QSEA
3047
Quartzsea Acquisition Corp
QSEA
$107M
| $1.74M | ﹤0.01% |
170,012
| – | – |
|
3048
CALL
BlackSky Technology
BKSY
$1.01B
| $1.74M | ﹤0.01% |
92,800
| – | – |
|
3049
PUT
Comstock Resources
CRK
$4.26B
| $1.74M | ﹤0.01% |
+75,000
| New | +$1.65M |
|
3050
Mid-America Apartment Communities
MAA
$15.3B
| $1.74M | ﹤0.01% |
+12,510
| New | +$1.67M |
|
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 Technology at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- 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.