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 | |
|---|---|---|---|---|---|---|
3251
Paymentus
PAY
$4.97B
| $1.31M | ﹤0.01% |
41,420
+5,135
| +14% | +$167K |
|
3252
OrthoPediatrics
KIDS
$627M
| $1.3M | ﹤0.01% |
73,214
+61,123
| +506% | +$1.07M |
|
3253
Semtech
SMTC
$13.1B
| $1.3M | ﹤0.01% |
17,605
+13,105
| +291% | +$930K |
|
3254
Dana Inc
DAN
$3.24B
| $1.3M | ﹤0.01% |
54,587
+13,837
| +34% | +$293K |
|
3255
Ingevity
NGVT
$2.39B
| $1.29M | ﹤0.01% |
21,862
-15,952
| -42% | -$866K |
|
3256
ALPS Clean Energy ETF
ACES
$113M
| $1.29M | ﹤0.01% |
39,832
-100
| -0.3% | -$3.39K |
|
3257
Certara
CERT
$1.25B
| $1.29M | ﹤0.01% |
146,401
+78,669
| +116% | +$810K |
|
3258
CALL
PureCycle Technologies
PCT
$1.34B
| $1.29M | ﹤0.01% |
150,000
| – | – |
|
3259
Synaptics
SYNA
$3.74B
| $1.29M | ﹤0.01% |
17,388
+12,888
| +286% | +$905K |
|
|
OPENW
3260
Opendoor Technologies Inc Series K Warrants
OPENW
$6.72M
| $1.29M | ﹤0.01% |
+1,428,740
| New | +$1.93M |
|
3261
Metallus
MTUS
$804M
| $1.29M | ﹤0.01% |
74,898
+13,816
| +23% | +$237K |
|
3262
PUT
Argan
AGX
$6.38B
| $1.28M | ﹤0.01% |
4,100
| – | – |
|
3263
CALL
GXO Logistics
GXO
$5.5B
| $1.28M | ﹤0.01% |
24,400
| – | – |
|
|
REVG
3264
DELISTED
REV Group
REVG
| $1.28M | ﹤0.01% |
21,009
-24,563
| -54% | -$1.38M |
|
3265
PUT
Nutanix
NTNX
$17.7B
| $1.28M | ﹤0.01% |
24,700
-28,200
| -53% | -$1.72M |
|
|
CHPG
3266
ChampionsGate Acquisition Corp
CHPG
| $1.27M | ﹤0.01% |
125,000
| – | – |
|
3267
iShares MSCI Germany ETF
EWG
$1.73B
| $1.27M | ﹤0.01% |
29,816
-857,508
| -97% | -$35.5M |
|
|
GRP.U
3268
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $1.27M | ﹤0.01% |
21,268
-7,600
| -26% | -$426K |
|
3269
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $1.27M | ﹤0.01% |
+27,012
| New | +$1.26M |
|
3270
MGE Energy Inc
MGEE
$3B
| $1.26M | ﹤0.01% |
16,074
+8,883
| +124% | +$730K |
|
3271
CALL
FirstEnergy
FE
$27B
| $1.26M | ﹤0.01% |
28,100
-13,300
| -32% | -$611K |
|
3272
CALL
Jabil
JBL
$32.6B
| $1.25M | ﹤0.01% |
5,500
| – | – |
|
3273
IQVIA
IQV
$43B
| $1.25M | ﹤0.01% |
5,563
-102,638
| -95% | -$22.3M |
|
|
3274
PUT
GXO Logistics
GXO
$5.5B
| $1.25M | ﹤0.01% |
23,800
| – | – |
|
3275
Tilray
TLRY
$638M
| $1.25M | ﹤0.01% |
138,460
+23,570
| +21% | +$288K |
|
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.