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 | |
|---|---|---|---|---|---|---|
3401
PUT
Camping World
CWH
$669M
| $1.04M | ﹤0.01% |
106,400
-55,800
| -34% | -$691K |
|
3402
PUT
RingCentral
RNG
$5.48B
| $1.03M | ﹤0.01% |
35,800
-45,100
| -56% | -$1.28M |
|
3403
PUT
KeyCorp
KEY
$23.4B
| $1.03M | ﹤0.01% |
50,000
-83,600
| -63% | -$1.56M |
|
3404
MaxCyte
MXCT
$139M
| $1.03M | ﹤0.01% |
663,956
+366,317
| +123% | +$585K |
|
3405
PUT
Groupon
GRPN
$797M
| $1.03M | ﹤0.01% |
58,400
| – | – |
|
3406
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $1.03M | ﹤0.01% |
+7,400
| New | +$986K |
|
|
NPAC
3407
New Providence Acquisition Corp III
NPAC
$402M
| $1.03M | ﹤0.01% |
100,000
| – | – |
|
3408
iShares MSCI Japan Small-Cap ETF
SCJ
$262M
| $1.03M | ﹤0.01% |
11,169
| – | – |
|
|
CEPV
3409
Cantor Equity Partners V
CEPV
$330M
| $1.02M | ﹤0.01% |
+100,000
| New | +$1.03M |
|
3410
PUT
3M
MMM
$92.5B
| $1.02M | ﹤0.01% |
6,400
-70,500
| -92% | -$11.5M |
|
3411
PUT
Sysco
SYY
$40B
| $1.02M | ﹤0.01% |
13,900
+5,800
| +72% | +$441K |
|
3412
Codexis
CDXS
$184M
| $1.02M | ﹤0.01% |
628,291
+454,486
| +261% | +$927K |
|
3413
Middlesex Water
MSEX
$1.11B
| $1.02M | ﹤0.01% |
20,259
-56,463
| -74% | -$3.04M |
|
3414
Zeta Global
ZETA
$7B
| $1.02M | ﹤0.01% |
+50,127
| New | +$936K |
|
|
DAAQ
3415
Digital Asset Acquisition Corp
DAAQ
$240M
| $1.02M | ﹤0.01% |
100,000
| – | – |
|
|
RAAQ
3416
DELISTED
Real Asset Acquisition Corp
RAAQ
| $1.02M | ﹤0.01% |
100,000
| – | – |
|
3417
Steel Dynamics
STLD
$33.1B
| $1.02M | ﹤0.01% |
5,998
-15,874
| -73% | -$2.52M |
|
|
WTG
3418
Wintergreen Acquisition Corp
WTG
$77.3M
| $1.02M | ﹤0.01% |
100,000
| – | – |
|
3419
CALL
Willdan Group
WLDN
$1.3B
| $1.02M | ﹤0.01% |
+9,800
| New | +$965K |
|
|
MCGA
3420
Yorkville Acquisition Corp
MCGA
$243M
| $1.01M | ﹤0.01% |
100,000
| – | – |
|
3421
Hertz
HTZ
$795M
| $1.01M | ﹤0.01% |
197,010
-1,481,021
| -88% | -$8.09M |
|
|
FCRS
3422
FutureCrest Acquisition Corp
FCRS
$368M
| $1.01M | ﹤0.01% |
+100,000
| New | +$1.01M |
|
3423
Brixmor Property Group
BRX
$9.05B
| $1.01M | ﹤0.01% |
38,506
+9,570
| +33% | +$253K |
|
3424
PUT
Novavax
NVAX
$1.56B
| $1.01M | ﹤0.01% |
150,000
-125,000
| -45% | -$942K |
|
|
PSTL
3425
Postal Realty Trust
PSTL
$708M
| $1.01M | ﹤0.01% |
62,328
+4,237
| +7% | +$65.1K |
|
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.