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 | |
|---|---|---|---|---|---|---|
|
BNY
676
Bank of New York Mellon
BNY
$110B
| $48.1M | 0.03% |
414,077
+116,208
| +39% | +$12.9M |
|
677
Vertiv
VRT
$98.2B
| $48.1M | 0.03% |
296,602
+110,183
| +59% | +$19.1M |
|
678
KLA
KLAC
$237B
| $48M | 0.03% |
395,350
+222,320
| +128% | +$26.1M |
|
679
RenaissanceRe
RNR
$13.7B
| $48M | 0.03% |
170,663
+18,708
| +12% | +$4.92M |
|
680
CALL
Eos Energy Enterprises
EOSE
$1.26B
| $48M | 0.03% |
4,186,000
+3,072,500
| +276% | +$44.2M |
|
681
CALL
Apollo Global Management
APO
$78.4B
| $48M | 0.03% |
331,300
+22,200
| +7% | +$2.95M |
|
682
Intellia Therapeutics
NTLA
$1.76B
| $47.9M | 0.03% |
5,331,064
+3,102,664
| +139% | +$42.7M |
|
683
Hudbay
HBM
$13.1B
| $47.8M | 0.03% |
2,406,336
-1,211,900
| -33% | -$20.5M |
|
684
CALL
Lyft
LYFT
$6.69B
| $47.8M | 0.03% |
2,466,400
+1,909,000
| +342% | +$39.7M |
|
685
PUT
Hims & Hers Health
HIMS
$7.25B
| $47.7M | 0.03% |
1,470,200
-709,400
| -33% | -$30.4M |
|
686
Applied Optoelectronics
AAOI
$9.1B
| $47.6M | 0.03% |
+1,366,856
| New | +$40.8M |
|
687
PUT
Celsius Holdings
CELH
$8.86B
| $47.5M | 0.03% |
1,038,600
+456,400
| +78% | +$23M |
|
688
Manhattan Associates
MANH
$12.4B
| $47.5M | 0.03% |
274,051
+273,051
| +27,305% | +$49.9M |
|
|
NVO
689
CALL
Novo Nordisk
NVO
$207B
| $47.5M | 0.03% |
933,100
+716,500
| +331% | +$36.6M |
|
690
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $47.4M | 0.03% |
+448,277
| New | +$49.3M |
|
691
CALL
RTX Corp
RTX
$282B
| $47.3M | 0.03% |
257,800
-21,600
| -8% | -$3.75M |
|
692
CALL
Lam Research
LRCX
$388B
| $47.2M | 0.03% |
275,800
+190,200
| +222% | +$29.6M |
|
693
Suncor Energy
SU
$78.8B
| $47.2M | 0.03% |
1,062,693
-78,217
| -7% | -$3.31M |
|
694
Toast
TOST
$21.2B
| $47.2M | 0.03% |
1,328,195
+93,328
| +8% | +$3.36M |
|
|
HOUS
695
DELISTED
Anywhere Real Estate
HOUS
| $47.1M | 0.03% |
3,327,642
-1,836,419
| -36% | -$22.5M |
|
696
CALL
Albemarle
ALB
$16.7B
| $47.1M | 0.03% |
332,800
-285,300
| -46% | -$32.4M |
|
697
Mattel
MAT
$4.23B
| $47M | 0.03% |
2,370,862
-168,293
| -7% | -$3.25M |
|
698
PUT
Lockheed Martin
LMT
$130B
| $47M | 0.03% |
97,200
+13,900
| +17% | +$6.65M |
|
699
Hasbro
HAS
$13.5B
| $46.9M | 0.03% |
572,098
+2,893
| +0.5% | +$227K |
|
700
Freshworks
FRSH
$3.44B
| $46.9M | 0.03% |
3,826,680
-1,724,997
| -31% | -$20.4M |
|
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.