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 | |
|---|---|---|---|---|---|---|
1126
Kohl's
KSS
$2.03B
| $21.8M | 0.01% |
1,067,082
+857,366
| +409% | +$16.1M |
|
1127
Trinity Industries
TRN
$2.35B
| $21.8M | 0.01% |
823,440
+270,572
| +49% | +$7.36M |
|
1128
PPG Industries
PPG
$25.5B
| $21.8M | 0.01% |
212,383
+5,177
| +2% | +$520K |
|
1129
Zions Bancorporation
ZION
$10B
| $21.8M | 0.01% |
371,688
+134,907
| +57% | +$7.35M |
|
1130
Camden Property Trust
CPT
$12.5B
| $21.7M | 0.01% |
197,548
+23,775
| +14% | +$2.47M |
|
1131
Erie Indemnity
ERIE
$13.4B
| $21.7M | 0.01% |
75,634
+8,444
| +13% | +$2.52M |
|
1132
Fulcrum Therapeutics
FULC
$294M
| $21.6M | 0.01% |
1,913,755
+464,332
| +32% | +$4.73M |
|
1133
CALL
TJX Companies
TJX
$152B
| $21.6M | 0.01% |
140,900
-12,500
| -8% | -$1.85M |
|
1134
ONE Gas
OGS
$5.1B
| $21.6M | 0.01% |
279,594
+83,302
| +42% | +$6.7M |
|
1135
Flutter Entertainment
FLUT
$17.1B
| $21.5M | 0.01% |
99,952
+74,086
| +286% | +$16.7M |
|
1136
Crane Co
CR
$12.1B
| $21.4M | 0.01% |
116,246
+15,492
| +15% | +$2.87M |
|
1137
IDEX
IEX
$17.4B
| $21.3M | 0.01% |
119,470
-131,319
| -52% | -$22.4M |
|
|
MBX
1138
MBX Biosciences
MBX
$3.26B
| $21.2M | 0.01% |
+671,838
| New | +$16.3M |
|
1139
Enerpac Tool Group
EPAC
$1.92B
| $21.2M | 0.01% |
553,112
+192,939
| +54% | +$7.64M |
|
1140
Watsco Inc
WSO
$12.9B
| $21.1M | 0.01% |
62,727
-43,357
| -41% | -$15.5M |
|
|
LBRDA
1141
DELISTED
Liberty Broadband Class A
LBRDA
| $21.1M | 0.01% |
437,428
+15,882
| +4% | +$823K |
|
1142
Evolent Health
EVH
$562M
| $21.1M | 0.01% |
5,269,302
+2,531,506
| +92% | +$14.1M |
|
1143
HCA Healthcare
HCA
$92.5B
| $21.1M | 0.01% |
45,119
+43,439
| +2,586% | +$20.2M |
|
1144
iShares US Home Construction ETF
ITB
$2.27B
| $20.9M | 0.01% |
216,841
+180,174
| +491% | +$18.2M |
|
1145
TG Therapeutics
TGTX
$8.47B
| $20.9M | 0.01% |
700,345
+468,322
| +202% | +$15.3M |
|
|
CNTA
1146
DELISTED
Centessa Pharmaceuticals
CNTA
| $20.8M | 0.01% |
831,636
+767,247
| +1,192% | +$19.4M |
|
1147
American Healthcare REIT
AHR
$12.4B
| $20.6M | 0.01% |
+436,910
| New | +$20.3M |
|
1148
CALL
Powell Industries
POWL
$6.98B
| $20.4M | 0.01% |
191,700
+54,900
| +40% | +$6.16M |
|
1149
CALL
Take-Two Interactive
TTWO
$43.8B
| $20.3M | 0.01% |
79,400
-13,700
| -15% | -$3.42M |
|
1150
REX American Resources
REX
$1.4B
| $20.2M | 0.01% |
626,415
+5,241
| +0.8% | +$171K |
|
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.