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 | |
|---|---|---|---|---|---|---|
3126
PUT
Evercore
EVR
$11.2B
| $1.57M | ﹤0.01% |
4,600
+800
| +21% | +$257K |
|
3127
CALL
AES
AES
$10.5B
| $1.56M | ﹤0.01% |
109,000
-142,700
| -57% | -$2.01M |
|
3128
Canadian National Railway
CNI
$77.1B
| $1.56M | ﹤0.01% |
15,806
-24,164
| -60% | -$2.32M |
|
3129
CALL
Ally Financial
ALLY
$12.9B
| $1.56M | ﹤0.01% |
34,500
-96,100
| -74% | -$3.96M |
|
3130
Lionsgate Studios
LION
$3.43B
| $1.56M | ﹤0.01% |
170,862
-21,275
| -11% | -$151K |
|
3131
CALL
Boyd Gaming
BYD
$5.86B
| $1.56M | ﹤0.01% |
+18,300
| New | +$1.51M |
|
|
RIBB
3132
Ribbon Acquisition Corp
RIBB
$54.5M
| $1.56M | ﹤0.01% |
150,000
| – | – |
|
3133
Marten Transport
MRTN
$1.18B
| $1.55M | ﹤0.01% |
136,501
-99,955
| -42% | -$1.06M |
|
3134
Leidos
LDOS
$17.2B
| $1.55M | ﹤0.01% |
+8,586
| New | +$1.63M |
|
3135
PUT
CF Industries
CF
$19B
| $1.55M | ﹤0.01% |
20,000
-5,800
| -22% | -$477K |
|
3136
Treace Medical Concepts
TMCI
$307M
| $1.54M | ﹤0.01% |
630,130
-131,203
| -17% | -$570K |
|
3137
PUT
Texas Roadhouse
TXRH
$13.4B
| $1.54M | ﹤0.01% |
+9,300
| New | +$1.57M |
|
3138
CALL
JFrog
FROG
$11.4B
| $1.54M | ﹤0.01% |
+24,700
| New | +$1.4M |
|
3139
Shift4
FOUR
$3.65B
| $1.54M | ﹤0.01% |
+24,494
| New | +$1.73M |
|
3140
Flowers Foods
FLO
$1.52B
| $1.54M | ﹤0.01% |
+141,689
| New | +$1.65M |
|
3141
Emcor
EME
$33.7B
| $1.54M | ﹤0.01% |
2,517
-5,305
| -68% | -$3.44M |
|
3142
PUT
Tandem Diabetes Care
TNDM
$1.49B
| $1.54M | ﹤0.01% |
70,000
| – | – |
|
3143
CALL
Alignment Healthcare
ALHC
$2.88B
| $1.54M | ﹤0.01% |
77,800
| – | – |
|
3144
PUT
Robert Half
RHI
$4.56B
| $1.53M | ﹤0.01% |
56,500
+45,300
| +404% | +$1.29M |
|
|
SHOE
3145
Shoe Station Group
SHOE
$391M
| $1.53M | ﹤0.01% |
90,710
+52,088
| +135% | +$956K |
|
3146
PUT
Southwest Airlines
LUV
$19.9B
| $1.53M | ﹤0.01% |
37,000
-168,600
| -82% | -$5.89M |
|
3147
ARK Blockchain & Fintech Innovation ETF
ARKF
$818M
| $1.53M | ﹤0.01% |
32,105
-12,974
| -29% | -$677K |
|
3148
PUT
Marriott Vacations Worldwide
VAC
$3.95B
| $1.53M | ﹤0.01% |
26,500
+20,600
| +349% | +$1.22M |
|
3149
Grocery Outlet
GO
$1.21B
| $1.53M | ﹤0.01% |
151,079
-49,427
| -25% | -$622K |
|
3150
CALL
AngloGold Ashanti
AU
$59.7B
| $1.52M | ﹤0.01% |
+17,800
| New | +$1.39M |
|
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.