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 | |
|---|---|---|---|---|---|---|
851
Avnet
AVT
$7.08B
| $34.5M | 0.02% |
718,251
+477,099
| +198% | +$23.4M |
|
852
Dave Inc
DAVE
$4.53B
| $34.5M | 0.02% |
155,695
-126,367
| -45% | -$27.2M |
|
853
IAMGOLD
IAG
$12.4B
| $34.4M | 0.02% |
2,083,614
-2,167,449
| -51% | -$30.5M |
|
854
Tencent Music
TME
$14.2B
| $34.3M | 0.02% |
1,956,349
+1,337,666
| +216% | +$27.1M |
|
855
Aecom
ACM
$8.36B
| $34.2M | 0.02% |
358,937
+357,110
| +19,546% | +$42M |
|
856
SPX Corp
SPXC
$10.1B
| $34.2M | 0.02% |
170,913
+169,527
| +12,231% | +$34.6M |
|
857
Innodata
INOD
$1.96B
| $34.2M | 0.02% |
671,081
-136,043
| -17% | -$8.87M |
|
858
PUT
Credo Technology Group
CRDO
$41.5B
| $34.2M | 0.02% |
237,500
-253,900
| -52% | -$39M |
|
859
ESAB
ESAB
$4.93B
| $34.1M | 0.02% |
304,941
+137,897
| +83% | +$15.8M |
|
860
CALL
HCA Healthcare
HCA
$92.9B
| $34M | 0.02% |
72,900
-9,300
| -11% | -$4.32M |
|
861
Jazz Pharmaceuticals
JAZZ
$16.5B
| $33.9M | 0.02% |
199,302
+74,936
| +60% | +$11.5M |
|
|
NOVTU
862
Novanta Inc Units
NOVTU
$656M
| $33.9M | 0.02% |
+620,000
| New | +$32.7M |
|
863
PUT
Dollar General
DG
$27.6B
| $33.9M | 0.02% |
255,100
-9,400
| -4% | -$1.05M |
|
|
SNV
864
DELISTED
Synovus
SNV
| $33.8M | 0.02% |
675,464
-297,486
| -31% | -$14.3M |
|
|
AVB
865
DELISTED
AvalonBay Communities
AVB
| $33.8M | 0.02% |
186,420
+35,546
| +24% | +$6.45M |
|
866
PUT
Intuit
INTU
$101B
| $33.8M | 0.02% |
51,000
+800
| +2% | +$529K |
|
867
CALL
Constellation Energy
CEG
$96.9B
| $33.6M | 0.02% |
95,200
-61,300
| -39% | -$22.3M |
|
868
Harmonic Inc
HLIT
$1.31B
| $33.6M | 0.02% |
3,400,475
+304,655
| +10% | +$3.07M |
|
869
Cable One
CABO
$130M
| $33.6M | 0.02% |
297,654
+42,743
| +17% | +$5.83M |
|
870
Amneal Pharmaceuticals
AMRX
$6.19B
| $33.5M | 0.02% |
2,661,854
+1,096,643
| +70% | +$12.5M |
|
871
Commerce Bancshares
CBSH
$8.41B
| $33.5M | 0.02% |
640,274
+388,195
| +154% | +$20.3M |
|
872
Allison Transmission
ALSN
$10.8B
| $33.5M | 0.02% |
342,112
+77,543
| +29% | +$6.8M |
|
873
PUT
Cipher Digital
CIFR
$6.37B
| $33.5M | 0.02% |
2,268,200
+1,944,600
| +601% | +$34.3M |
|
874
Carter's
CRI
$1.26B
| $33.5M | 0.02% |
1,031,922
-132,727
| -11% | -$4.14M |
|
875
PUT
Avis
CAR
$5.19B
| $33.2M | 0.02% |
258,500
-4,600
| -2% | -$642K |
|
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.