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 | |
|---|---|---|---|---|---|---|
3501
CALL
PENN Entertainment
PENN
$2.38B
| $889K | ﹤0.01% |
60,300
| – | – |
|
3502
iShares Russell 2500 ETF
SMMD
$3.82B
| $888K | ﹤0.01% |
11,853
| – | – |
|
|
QXO
3503
QXO Inc
QXO
$14.4B
| $888K | ﹤0.01% |
46,021
-77,284
| -63% | -$1.48M |
|
3504
Amylyx Pharmaceuticals
AMLX
$4.17B
| $885K | ﹤0.01% |
73,224
+4,347
| +6% | +$59K |
|
3505
iShares Core US REIT ETF
USRT
$4.69B
| $883K | ﹤0.01% |
+15,505
| New | +$898K |
|
3506
Addus HomeCare
ADUS
$2.26B
| $882K | ﹤0.01% |
8,214
| – | – |
|
3507
CALL
Harrow
HROW
$1.55B
| $882K | ﹤0.01% |
+18,000
| New | +$756K |
|
3508
PUT
Skyworks Solutions
SWKS
$9.89B
| $881K | ﹤0.01% |
13,900
| – | – |
|
3509
CALL
Truist Financial
TFC
$61.4B
| $881K | ﹤0.01% |
17,900
-79,800
| -82% | -$3.68M |
|
3510
Center Bancorp
CNOB
$1.61B
| $879K | ﹤0.01% |
+33,530
| New | +$849K |
|
3511
Future Fuel
FF
$236M
| $879K | ﹤0.01% |
275,445
+71,147
| +35% | +$255K |
|
3512
The GEO Group
GEO
$4.23B
| $878K | ﹤0.01% |
54,497
+19,827
| +57% | +$331K |
|
|
TSSI
3513
CALL
TSS Inc
TSSI
$240M
| $877K | ﹤0.01% |
124,000
| – | – |
|
3514
Twist Bioscience
TWST
$9.5B
| $875K | ﹤0.01% |
+27,581
| New | +$861K |
|
|
USAS
3515
Americas Gold and Silver
USAS
$1.9B
| $873K | ﹤0.01% |
+170,886
| New | +$769K |
|
3516
NextDecade
NEXT
$1.99B
| $872K | ﹤0.01% |
165,483
+37,441
| +29% | +$223K |
|
3517
Commercial Vehicle Group
CVGI
$126M
| $865K | ﹤0.01% |
600,692
-59,858
| -9% | -$95.2K |
|
3518
Heartland Express
HTLD
$950M
| $862K | ﹤0.01% |
95,502
-119,753
| -56% | -$997K |
|
3519
HighPeak Energy
HPK
$995M
| $860K | ﹤0.01% |
181,377
+112,366
| +163% | +$675K |
|
|
CGC
3520
CALL
Canopy Growth
CGC
$481M
| $859K | ﹤0.01% |
753,700
| – | – |
|
3521
PUT
Sterling Infrastructure
STRL
$14.9B
| $857K | ﹤0.01% |
+2,800
| New | +$965K |
|
3522
Energy Recovery
ERII
$401M
| $851K | ﹤0.01% |
63,095
-283,706
| -82% | -$4.3M |
|
3523
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $851K | ﹤0.01% |
+6,116
| New | +$851K |
|
3524
Stagwell
STGW
$2.13B
| $849K | ﹤0.01% |
173,540
+148,749
| +600% | +$774K |
|
3525
Spire
SR
$4.92B
| $848K | ﹤0.01% |
+10,254
| New | +$874K |
|
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.