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 | |
|---|---|---|---|---|---|---|
|
TACH
1476
Titan Acquisition Corp
TACH
$362M
| $12.2M | 0.01% |
1,188,043
+837,861
| +239% | +$8.57M |
|
1477
ArcelorMittal
MT
$56.2B
| $12.2M | 0.01% |
267,475
+133,317
| +99% | +$5.48M |
|
1478
Ambev
ABEV
$44.7B
| $12.2M | 0.01% |
4,933,019
+2,342,091
| +90% | +$5.58M |
|
1479
CALL
RH
RH
$2.81B
| $12.2M | 0.01% |
67,900
+50,000
| +279% | +$8.55M |
|
1480
CALL
Atlassian
TEAM
$42.6B
| $12.1M | 0.01% |
74,900
-61,100
| -45% | -$9.59M |
|
1481
CALL
On Holding
ONON
$9.77B
| $12.1M | 0.01% |
260,900
+30,000
| +13% | +$1.29M |
|
1482
Novanta
NOVT
$5.44B
| $12.1M | 0.01% |
101,845
-173,523
| -63% | -$19.8M |
|
1483
Wabtec
WAB
$50.8B
| $12.1M | 0.01% |
56,679
-10,939
| -16% | -$2.25M |
|
1484
First Majestic Silver
AG
$10.3B
| $12.1M | 0.01% |
725,783
+3,295
| +0.5% | +$45.8K |
|
1485
V2X
VVX
$2.44B
| $12.1M | 0.01% |
221,162
+95,940
| +77% | +$5.4M |
|
1486
Xponential Fitness
XPOF
$240M
| $12.1M | 0.01% |
1,465,013
| – | – |
|
1487
Varex Imaging
VREX
$779M
| $12M | 0.01% |
1,033,679
-85,094
| -8% | -$997K |
|
1488
PUT
Shake Shack
SHAK
$2.95B
| $12M | 0.01% |
148,200
+56,200
| +61% | +$4.95M |
|
1489
Pagaya Technologies
PGY
$1.87B
| $12M | 0.01% |
574,789
-1,502,859
| -72% | -$38.3M |
|
1490
IDT Corp
IDT
$1.72B
| $12M | 0.01% |
234,545
-19,526
| -8% | -$979K |
|
|
POLE
1491
Andretti Acquisition Corp II
POLE
$318M
| $12M | 0.01% |
1,138,500
| – | – |
|
1492
Dillards
DDS
$9.87B
| $12M | 0.01% |
19,788
-19,850
| -50% | -$12.5M |
|
1493
PUT
Ovintiv
OVV
$17.8B
| $12M | 0.01% |
306,100
+34,500
| +13% | +$1.34M |
|
|
WBS
1494
DELISTED
Webster Financial
WBS
| $12M | 0.01% |
190,304
+184,918
| +3,433% | +$11M |
|
|
AAUC
1495
Allied Gold Corp
AAUC
$3.28B
| $12M | 0.01% |
522,432
+489,200
| +1,472% | +$9.42M |
|
1496
Upstart Holdings
UPST
$2.97B
| $12M | 0.01% |
273,487
+164,297
| +150% | +$7.57M |
|
|
DQ
1497
CALL
Daqo New Energy
DQ
$915M
| $12M | 0.01% |
405,300
+40,000
| +11% | +$1.22M |
|
|
LPBB
1498
Launch Two Acquisition Corp
LPBB
$311M
| $12M | 0.01% |
1,138,500
| – | – |
|
1499
PUT
Freeport-McMoran
FCX
$113B
| $11.9M | 0.01% |
235,000
-177,600
| -43% | -$7.7M |
|
1500
PUT
Toast
TOST
$21.4B
| $11.9M | 0.01% |
336,100
-24,400
| -7% | -$880K |
|
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.