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 | |
|---|---|---|---|---|---|---|
|
BKHA
3526
Black Hawk Acquisition Corp
BKHA
| $844K | ﹤0.01% |
75,000
| – | – |
|
3527
CALL
Global E Online
GLBE
$6.62B
| $841K | ﹤0.01% |
21,400
+13,500
| +171% | +$501K |
|
3528
PUT
Semtech
SMTC
$11.9B
| $840K | ﹤0.01% |
+11,400
| New | +$809K |
|
3529
4D Molecular Therapeutics
FDMT
$868M
| $839K | ﹤0.01% |
111,822
+101,722
| +1,007% | +$1.03M |
|
3530
Carter Bankshares
CARE
$727M
| $838K | ﹤0.01% |
42,616
-32,951
| -44% | -$614K |
|
3531
Dream Finders Homes
DFH
$1.39B
| $838K | ﹤0.01% |
48,992
+2,392
| +5% | +$48.9K |
|
3532
Forward Air
FWRD
$588M
| $838K | ﹤0.01% |
+33,509
| New | +$754K |
|
|
KRMN
3533
Karman Holdings
KRMN
$6.52B
| $836K | ﹤0.01% |
+11,429
| New | +$828K |
|
3534
Ramaco Resources Class B
METCB
$430M
| $835K | ﹤0.01% |
72,899
+33,289
| +84% | +$455K |
|
3535
Willis Lease Finance
WLFC
$1.15B
| $832K | ﹤0.01% |
+18,411
| New | +$794K |
|
3536
Neurogene
NGNE
$817M
| $831K | ﹤0.01% |
+40,347
| New | +$1M |
|
3537
PUT
Rigetti Computing
RGTI
$5.65B
| $831K | ﹤0.01% |
+37,500
| New | +$1.22M |
|
3538
PUT
Powell Industries
POWL
$6.93B
| $829K | ﹤0.01% |
+7,800
| New | +$876K |
|
3539
Credit Acceptance
CACC
$6.27B
| $829K | ﹤0.01% |
1,869
-336
| -15% | -$156K |
|
3540
CALL
Polaris
PII
$3.62B
| $829K | ﹤0.01% |
13,100
| – | – |
|
3541
Patrick Industries
PATK
$2.74B
| $827K | ﹤0.01% |
7,627
-38,268
| -83% | -$4.02M |
|
3542
Healthpeak Properties
DOC
$14.9B
| $826K | ﹤0.01% |
51,380
+39,094
| +318% | +$689K |
|
3543
CALL
Transcat
TRNS
$825M
| $823K | ﹤0.01% |
14,500
+9,300
| +179% | +$580K |
|
3544
PUT
AeroVironment
AVAV
$7.49B
| $822K | ﹤0.01% |
+3,400
| New | +$1.07M |
|
3545
indie Semiconductor
INDI
$837M
| $822K | ﹤0.01% |
232,802
-190,484
| -45% | -$835K |
|
|
KEEL
3546
Keel Infrastructure Corp
KEEL
$2.17B
| $821K | ﹤0.01% |
348,900
-1,719,600
| -83% | -$5.89M |
|
3547
Stratasys
SSYS
$693M
| $821K | ﹤0.01% |
94,529
-77,524
| -45% | -$768K |
|
|
BHR
3548
Braemar Hotels & Resorts
BHR
$141M
| $820K | ﹤0.01% |
285,806
+102,351
| +56% | +$276K |
|
3549
Gulfport Energy Corp
GPOR
$3.05B
| $819K | ﹤0.01% |
3,937
-2,729
| -41% | -$544K |
|
|
EU
3550
enCore Energy
EU
$268M
| $818K | ﹤0.01% |
329,944
+162,174
| +97% | +$463K |
|
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.