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 | |
|---|---|---|---|---|---|---|
101
PUT
CrowdStrike
CRWD
$195B
| $341M | 0.19% |
2,908,800
-516,000
| -15% | -$65.7M |
|
102
Hewlett Packard
HPE
$70.8B
| $327M | 0.18% |
13,612,705
+11,259,326
| +478% | +$265M |
|
103
Las Vegas Sands
LVS
$30.5B
| $324M | 0.18% |
4,977,297
+4,950,587
| +18,535% | +$303M |
|
104
Amer Sports
AS
$19B
| $322M | 0.18% |
8,622,690
+1,876,842
| +28% | +$64.4M |
|
105
Diamondback Energy
FANG
$59B
| $318M | 0.17% |
2,114,511
+330,084
| +18% | +$48.7M |
|
106
CALL
Coinbase
COIN
$49.2B
| $314M | 0.17% |
1,388,600
+323,900
| +30% | +$96.5M |
|
107
Applovin
APP
$102B
| $312M | 0.17% |
463,237
-27,985
| -6% | -$17.6M |
|
108
UnitedHealth
UNH
$350B
| $311M | 0.17% |
941,173
+398,897
| +74% | +$135M |
|
109
Berkshire Hathaway Class B
BRK.B
$1.06T
| $305M | 0.17% |
607,615
-143,557
| -19% | -$71.4M |
|
110
CALL
Boeing
BA
$169B
| $299M | 0.16% |
1,376,000
+105,100
| +8% | +$21.6M |
|
111
Medpace
MEDP
$17.3B
| $297M | 0.16% |
528,232
-71,908
| -12% | -$40.8M |
|
112
PUT
Apple
AAPL
$4.51T
| $295M | 0.16% |
1,085,000
+326,100
| +43% | +$87.5M |
|
113
Ametek
AME
$54.9B
| $293M | 0.16% |
1,426,934
+555,064
| +64% | +$108M |
|
|
Q
114
Qnity Electronics Inc
Q
$27B
| $293M | 0.16% |
+3,584,196
| New | +$304M |
|
115
CALL
Costco
COST
$420B
| $292M | 0.16% |
338,900
+18,500
| +6% | +$16.8M |
|
|
NVO
116
PUT
Novo Nordisk
NVO
$207B
| $289M | 0.16% |
5,671,100
+3,163,600
| +126% | +$162M |
|
117
Warner Bros
WBD
$71.6B
| $287M | 0.16% |
9,956,406
+3,827,741
| +62% | +$89.5M |
|
118
CALL
Eli Lilly
LLY
$1.12T
| $286M | 0.16% |
266,300
-46,500
| -15% | -$44.5M |
|
119
Linde
LIN
$225B
| $286M | 0.16% |
670,264
+26,890
| +4% | +$11.5M |
|
120
CALL
Cipher Digital
CIFR
$6.55B
| $284M | 0.16% |
19,250,400
+18,243,600
| +1,812% | +$322M |
|
121
Carrier Global
CARR
$49.8B
| $282M | 0.15% |
5,341,850
+4,193,904
| +365% | +$233M |
|
122
3M
MMM
$92.3B
| $282M | 0.15% |
1,761,340
+1,219,400
| +225% | +$199M |
|
123
PUT
Marvell Technology
MRVL
$213B
| $278M | 0.15% |
3,272,100
-939,500
| -22% | -$82.2M |
|
|
124
CALL
Meta Platforms (Facebook)
META
$1.4T
| $278M | 0.15% |
420,600
-93,300
| -18% | -$62.3M |
|
125
EQT Corp
EQT
$33.6B
| $271M | 0.15% |
5,064,121
+1,432,996
| +39% | +$80.5M |
|
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.