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 | |
|---|---|---|---|---|---|---|
1251
Viking Holdings
VIK
$40.4B
| $17.4M | 0.01% |
243,578
-40,220
| -14% | -$2.57M |
|
|
ORC
1252
Orchid Island Capital
ORC
$1.33B
| $17.4M | 0.01% |
2,410,007
+1,784,161
| +285% | +$13M |
|
1253
TechnipFMC
FTI
$29.7B
| $17.3M | 0.01% |
389,142
-1,040,767
| -73% | -$43.9M |
|
1254
PUT
NIO
NIO
$10.9B
| $17.3M | 0.01% |
3,400,000
+1,863,300
| +121% | +$11.5M |
|
1255
First Bancorp
FBP
$4.29B
| $17.3M | 0.01% |
835,306
+291,926
| +54% | +$6.02M |
|
1256
Azenta
AZTA
$1.47B
| $17.3M | 0.01% |
520,160
+383,404
| +280% | +$12.5M |
|
|
GAP
1257
The Gap Inc
GAP
$7.61B
| $17.3M | 0.01% |
675,760
-4,933,597
| -88% | -$120M |
|
1258
Chefs' Warehouse
CHEF
$4.57B
| $17.3M | 0.01% |
277,170
-86,534
| -24% | -$5.2M |
|
1259
Radian Group
RDN
$4.87B
| $17.2M | 0.01% |
477,689
-305,988
| -39% | -$10.7M |
|
1260
Sylvamo
SLVM
$1.46B
| $17.2M | 0.01% |
356,361
-84,168
| -19% | -$3.83M |
|
|
SA
1261
Seabridge Gold
SA
$3.69B
| $17.1M | 0.01% |
577,928
-238,917
| -29% | -$6.28M |
|
1262
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $17.1M | 0.01% |
376,573
-288,447
| -43% | -$12.7M |
|
1263
Gartner
IT
$12.2B
| $17.1M | 0.01% |
67,667
-202,012
| -75% | -$48.6M |
|
1264
Rayonier
RYN
$6.2B
| $17M | 0.01% |
786,602
+514,618
| +189% | +$11.6M |
|
1265
iShares US Real Estate ETF
IYR
$4.64B
| $17M | 0.01% |
180,647
+69,587
| +63% | +$6.63M |
|
1266
Mobileye
MBLY
$7.26B
| $16.9M | 0.01% |
1,621,352
-42,490
| -3% | -$531K |
|
1267
Delek US
DK
$4.34B
| $16.9M | 0.01% |
568,447
+356,464
| +168% | +$12.7M |
|
1268
American Express
AXP
$227B
| $16.8M | 0.01% |
45,538
+18,514
| +69% | +$6.63M |
|
1269
Main Street Capital
MAIN
$5.46B
| $16.8M | 0.01% |
278,534
+176,252
| +172% | +$10.4M |
|
1270
PUT
EOG Resources
EOG
$76B
| $16.7M | 0.01% |
158,900
+25,100
| +19% | +$2.7M |
|
1271
PUT
Hewlett Packard
HPE
$73.1B
| $16.6M | 0.01% |
692,800
+371,700
| +116% | +$8.76M |
|
1272
Eagle Materials
EXP
$6.14B
| $16.6M | 0.01% |
80,496
+46,798
| +139% | +$10.3M |
|
1273
Canadian Pacific Kansas City
CP
$83.3B
| $16.6M | 0.01% |
225,914
+28,414
| +14% | +$2.09M |
|
1274
PUT
Roku
ROKU
$23.5B
| $16.6M | 0.01% |
153,300
-52,800
| -26% | -$5.36M |
|
1275
PUT
Caterpillar
CAT
$378B
| $16.6M | 0.01% |
29,000
-29,800
| -51% | -$16.6M |
|
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.