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 | |
|---|---|---|---|---|---|---|
1551
Kilroy Realty
KRC
$4.28B
| $11.2M | 0.01% |
300,627
+60,172
| +25% | +$2.46M |
|
1552
Rockwell Automation
ROK
$47.9B
| $11.2M | 0.01% |
28,853
-71,699
| -71% | -$27M |
|
1553
State Street SPDR S&P Retail ETF
XRT
$326M
| $11.2M | 0.01% |
131,485
+85,813
| +188% | +$7.21M |
|
1554
Klaviyo
KVYO
$5.07B
| $11.2M | 0.01% |
345,042
-183,533
| -35% | -$5.14M |
|
|
BMNR
1555
BitMine Immersion Technologies
BMNR
$15B
| $11.2M | 0.01% |
+412,534
| New | +$16.7M |
|
1556
Healthcare Services Group
HCSG
$1.57B
| $11.2M | 0.01% |
585,524
-432,031
| -42% | -$7.77M |
|
1557
Kornit Digital
KRNT
$727M
| $11.2M | 0.01% |
777,767
+512,111
| +193% | +$7.02M |
|
1558
Maximus
MMS
$3.09B
| $11.2M | 0.01% |
129,373
+71,847
| +125% | +$6.14M |
|
1559
Asbury Automotive
ABG
$3.77B
| $11.2M | 0.01% |
48,009
+40,855
| +571% | +$9.66M |
|
1560
PUT
IBM
IBM
$217B
| $11.1M | 0.01% |
37,400
+22,600
| +153% | +$6.77M |
|
1561
Meritage Homes
MTH
$4.71B
| $11.1M | 0.01% |
168,260
+103,561
| +160% | +$7.17M |
|
1562
Ferrovial N.V. Ordinary Shares
FER
$43.2B
| $11.1M | 0.01% |
+172,785
| New | +$10.9M |
|
1563
Praxis Precision Medicines
PRAX
$10.5B
| $11M | 0.01% |
37,481
+17,685
| +89% | +$3.29M |
|
1564
CALL
ZIM Integrated Shipping Services
ZIM
$3.33B
| $11M | 0.01% |
520,000
+60,000
| +13% | +$1.01M |
|
|
GOOS
1565
Canada Goose Holdings
GOOS
$793M
| $11M | 0.01% |
851,468
+434,177
| +104% | +$5.78M |
|
1566
CALL
Cardinal Health
CAH
$55.4B
| $11M | 0.01% |
53,600
| – | – |
|
1567
PUT
Alpha Metallurgical Resources
AMR
$2.76B
| $11M | 0.01% |
55,100
| – | – |
|
|
XYZ
1568
CALL
Block Inc
XYZ
$49.9B
| $11M | 0.01% |
169,200
-309,700
| -65% | -$21.4M |
|
1569
PUT
American Tower
AMT
$81.9B
| $11M | 0.01% |
62,600
+10,900
| +21% | +$1.98M |
|
1570
PUT
First Citizens BancShares
FCNCA
$24.6B
| $10.9M | 0.01% |
5,100
-12,400
| -71% | -$23.4M |
|
|
BCPC
1571
Balchem Corp
BCPC
$5.73B
| $10.9M | 0.01% |
71,198
+4,581
| +7% | +$699K |
|
|
UDMY
1572
DELISTED
Udemy
UDMY
| $10.9M | 0.01% |
1,866,263
+824,900
| +79% | +$4.81M |
|
1573
PUT
Teradyne
TER
$56.8B
| $10.9M | 0.01% |
56,400
-32,900
| -37% | -$5.64M |
|
1574
Agree Realty
ADC
$9.16B
| $10.9M | 0.01% |
151,241
-98,101
| -39% | -$7.17M |
|
1575
PUT
Lam Research
LRCX
$392B
| $10.9M | 0.01% |
+63,600
| New | +$9.89M |
|
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.