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 | |
|---|---|---|---|---|---|---|
1026
Brookfield Renewable
BEPC
$6.2B
| $25.5M | 0.01% |
663,906
+516,481
| +350% | +$20.8M |
|
1027
Chemed
CHE
$7.11B
| $25.4M | 0.01% |
59,473
+35,544
| +149% | +$15.5M |
|
1028
PUT
e.l.f. Beauty
ELF
$6.24B
| $25.4M | 0.01% |
334,600
-21,400
| -6% | -$2.11M |
|
1029
Cenovus Energy
CVE
$56.7B
| $25.4M | 0.01% |
1,502,453
-2,111,037
| -58% | -$36.7M |
|
1030
PUT
Generac Holdings
GNRC
$11.9B
| $25.4M | 0.01% |
186,200
+97,600
| +110% | +$15.7M |
|
1031
Nu Holdings
NU
$73.1B
| $25.3M | 0.01% |
1,511,953
-61,412
| -4% | -$987K |
|
1032
PUT
Nutrien
NTR
$34.8B
| $25.3M | 0.01% |
410,000
| – | – |
|
1033
Alexandria Real Estate Equities
ARE
$9.1B
| $25.3M | 0.01% |
517,037
+311,217
| +151% | +$18.3M |
|
1034
Porch Group
PRCH
$1.98B
| $25.3M | 0.01% |
2,769,289
+535,660
| +24% | +$6.45M |
|
1035
PUT
Fortinet
FTNT
$113B
| $25.3M | 0.01% |
318,300
+187,100
| +143% | +$15.5M |
|
1036
Tapestry
TPR
$25.9B
| $25.2M | 0.01% |
197,517
-2,294,269
| -92% | -$262M |
|
1037
Resideo Technologies
REZI
$3.03B
| $25.1M | 0.01% |
715,396
+428,791
| +150% | +$15.9M |
|
1038
ACI Worldwide
ACIW
$5.29B
| $25.1M | 0.01% |
525,083
+66,532
| +15% | +$3.23M |
|
1039
Harley-Davidson
HOG
$2.86B
| $25.1M | 0.01% |
1,222,604
+750,452
| +159% | +$18.4M |
|
1040
Replimune Group
REPL
$1.49B
| $25M | 0.01% |
2,575,042
+2,171,547
| +538% | +$18.5M |
|
1041
Solid Power
SLDP
$534M
| $25M | 0.01% |
5,879,879
+481,052
| +9% | +$2.66M |
|
1042
Angi Inc
ANGI
$200M
| $25M | 0.01% |
1,932,076
+327,564
| +20% | +$4.22M |
|
1043
PUT
ON Semiconductor
ON
$28.2B
| $24.8M | 0.01% |
458,500
-126,800
| -22% | -$6.5M |
|
1044
iShares MSCI China ETF
MCHI
$6.24B
| $24.8M | 0.01% |
+412,649
| New | +$26M |
|
1045
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $24.8M | 0.01% |
160,128
-319,952
| -67% | -$47.9M |
|
|
AXON
1046
CALL
Axon Enterprise
AXON
$49.8B
| $24.8M | 0.01% |
43,600
+15,700
| +56% | +$9.74M |
|
1047
Kinross Gold
KGC
$39.7B
| $24.7M | 0.01% |
876,436
-138,309
| -14% | -$3.59M |
|
1048
Minerals Technologies
MTX
$2.24B
| $24.6M | 0.01% |
404,362
+56,095
| +16% | +$3.32M |
|
1049
Arlo Technologies
ARLO
$1.43B
| $24.6M | 0.01% |
1,756,167
+185,053
| +12% | +$2.91M |
|
1050
Super Micro Computer
SMCI
$24.9B
| $24.5M | 0.01% |
838,583
-3,713,707
| -82% | -$153M |
|
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.