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 | |
|---|---|---|---|---|---|---|
801
Ibotta
IBTA
$775M
| $38.4M | 0.02% |
1,690,546
+400,000
| +31% | +$10.8M |
|
802
argenx
ARGX
$63.3B
| $38.3M | 0.02% |
45,533
-123,495
| -73% | -$106M |
|
803
CALL
MongoDB
MDB
$32.4B
| $38.3M | 0.02% |
91,200
-104,700
| -53% | -$38.1M |
|
804
CALL
Nike
NKE
$60.5B
| $38.3M | 0.02% |
600,400
-74,200
| -11% | -$4.84M |
|
805
Teleflex
TFX
$5.86B
| $38.2M | 0.02% |
312,717
-214,313
| -41% | -$26M |
|
806
Delta Air Lines
DAL
$54.2B
| $38.1M | 0.02% |
549,213
+185,932
| +51% | +$11.6M |
|
807
PUT
Synopsys
SNPS
$75.5B
| $38M | 0.02% |
81,000
+64,300
| +385% | +$28.6M |
|
808
lululemon athletica
LULU
$13.9B
| $38M | 0.02% |
182,707
-270,060
| -60% | -$48.9M |
|
809
CALL
McKesson
MCK
$102B
| $37.8M | 0.02% |
46,100
+13,100
| +40% | +$10.7M |
|
810
Axcelis
ACLS
$3.81B
| $37.8M | 0.02% |
470,285
+315,947
| +205% | +$26.5M |
|
811
PUT
Telus
TU
$15.5B
| $37.8M | 0.02% |
2,865,000
+275,000
| +11% | +$3.87M |
|
812
Opendoor
OPEN
$3.33B
| $37.6M | 0.02% |
6,447,954
+606,741
| +10% | +$4.35M |
|
813
StoneCo
STNE
$2.2B
| $37.4M | 0.02% |
+2,529,515
| New | +$42.3M |
|
814
Ameresco
AMRC
$1.11B
| $37.4M | 0.02% |
1,277,177
+122,936
| +11% | +$4.32M |
|
815
NextEra Energy
NEE
$175B
| $37.2M | 0.02% |
463,615
+163,019
| +54% | +$13.5M |
|
|
MDLN
816
Medline Inc
MDLN
$30.4B
| $37.1M | 0.02% |
+884,500
| New | +$37.4M |
|
817
Yum China
YUMC
$16.7B
| $37.1M | 0.02% |
777,086
+46,978
| +6% | +$2.15M |
|
|
ECHO
818
CALL
EchoStar
ECHO
$24.8B
| $37M | 0.02% |
340,500
+117,000
| +52% | +$9.53M |
|
819
CALL
Lemonade
LMND
$4.17B
| $36.9M | 0.02% |
518,500
+59,900
| +13% | +$4.02M |
|
820
D.R. Horton
DHI
$41.7B
| $36.8M | 0.02% |
255,678
+198,756
| +349% | +$30.3M |
|
821
Williams Companies
WMB
$86.8B
| $36.4M | 0.02% |
606,326
+377,592
| +165% | +$22.8M |
|
|
B
822
PUT
Barrick Mining
B
$79.3B
| $36.4M | 0.02% |
835,000
| – | – |
|
823
ProPetro Holding
PUMP
$1.33B
| $36.3M | 0.02% |
3,818,273
+1,971,052
| +107% | +$17.1M |
|
824
Stanley Black & Decker
SWK
$14.9B
| $36.3M | 0.02% |
488,361
+283,866
| +139% | +$20M |
|
|
SF
825
Stifel
SF
$12.2B
| $36.2M | 0.02% |
434,079
+205,995
| +90% | +$16.5M |
|
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.