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 | Miscellaneous | 35.73% |
| 2 | Technology | 18.6% |
| 3 | Consumer Discretionary | 9.12% |
| 4 | Healthcare | 7.62% |
| 5 | Industrials | 7.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Prudential Financial
PRU
$41.4B
| $15.9M | 0.01% |
140,474
-377,686
| -73% | -$40.5M |
|
1302
CALL
Dollar General
DG
$28.8B
| $15.9M | 0.01% |
119,400
-101,600
| -46% | -$11.3M |
|
1303
CALL
Affirm
AFRM
$25.8B
| $15.8M | 0.01% |
212,700
-122,800
| -37% | -$8.84M |
|
1304
Gibraltar Industries
ROCK
$1.37B
| $15.8M | 0.01% |
319,842
-5,645
| -2% | -$323K |
|
|
TGB
1305
Trekor Metals
TGB
$3.49B
| $15.8M | 0.01% |
2,789,852
+714,844
| +34% | +$3.36M |
|
1306
PUT
Abbott
ABT
$194B
| $15.8M | 0.01% |
+125,900
| New | +$16M |
|
1307
Euronet Worldwide
EEFT
$2.58B
| $15.7M | 0.01% |
206,883
-42,554
| -17% | -$3.32M |
|
1308
Burlington
BURL
$18.4B
| $15.7M | 0.01% |
54,456
-73,613
| -57% | -$20M |
|
1309
PUT
GitLab
GTLB
$7.35B
| $15.7M | 0.01% |
418,100
+188,500
| +82% | +$8.16M |
|
1310
Arhaus
ARHS
$1.28B
| $15.7M | 0.01% |
1,399,735
+842,579
| +151% | +$8.75M |
|
|
OPTU
1311
Optimum Communications Inc
OPTU
$375M
| $15.7M | 0.01% |
9,508,306
+71,849
| +0.8% | +$146K |
|
1312
Solventum
SOLV
$15.7B
| $15.7M | 0.01% |
197,957
+154,826
| +359% | +$11.9M |
|
1313
Dycom Industries
DY
$9.16B
| $15.7M | 0.01% |
46,418
-53,957
| -54% | -$17M |
|
1314
CALL
Progressive
PGR
$126B
| $15.7M | 0.01% |
68,800
-1,500
| -2% | -$339K |
|
1315
CALL
e.l.f. Beauty
ELF
$6.33B
| $15.6M | 0.01% |
204,900
-34,300
| -14% | -$3.38M |
|
1316
Criteo S.A.
CRTO
$838M
| $15.6M | 0.01% |
755,491
+175,580
| +30% | +$3.63M |
|
1317
CALL
CME Group
CME
$101B
| $15.6M | 0.01% |
57,000
+1,000
| +2% | +$272K |
|
1318
Diodes
DIOD
$4.23B
| $15.6M | 0.01% |
315,360
-89,757
| -22% | -$4.54M |
|
1319
Hercules Capital
HTGC
$3.3B
| $15.5M | 0.01% |
825,537
+309,175
| +60% | +$5.58M |
|
1320
ARK Genomic Revolution ETF
ARKG
$1.98B
| $15.5M | 0.01% |
536,158
+335,424
| +167% | +$10.1M |
|
1321
Tronox
TROX
$877M
| $15.5M | 0.01% |
3,710,610
+1,055,225
| +40% | +$4.02M |
|
1322
PUT
Sprouts Farmers Market
SFM
$7.76B
| $15.5M | 0.01% |
194,200
+162,100
| +505% | +$14.5M |
|
1323
PRA Group
PRAA
$730M
| $15.4M | 0.01% |
873,232
+74,918
| +9% | +$1.17M |
|
1324
Blackstone Mortgage Trust
BXMT
$2.37B
| $15.4M | 0.01% |
806,839
+433,844
| +116% | +$8.23M |
|
1325
CALL
Manulife Financial
MFC
$71.7B
| $15.4M | 0.01% |
425,000
-190,000
| -31% | -$6.45M |
|
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 Miscellaneous at 36% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.