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 | |
|---|---|---|---|---|---|---|
1626
Madison Square Garden
MSGE
$3.71B
| $10.3M | 0.01% |
190,660
+128,827
| +208% | +$6.2M |
|
1627
Diebold Nixdorf
DBD
$2.3B
| $10.3M | 0.01% |
151,224
+97,385
| +181% | +$6.08M |
|
1628
Selective Insurance
SIGI
$5.45B
| $10.3M | 0.01% |
122,527
-93,545
| -43% | -$7.51M |
|
1629
Evolus
EOLS
$593M
| $10.2M | 0.01% |
1,541,096
+186,701
| +14% | +$1.26M |
|
|
CEPO
1630
Cantor Equity Partners I
CEPO
$274M
| $10.2M | 0.01% |
980,930
| – | – |
|
|
APXT
1631
Apex Treasury Corp
APXT
$466M
| $10.2M | 0.01% |
+1,033,422
| New | +$10.2M |
|
1632
Constellation Brands
STZ
$22.7B
| $10.2M | 0.01% |
74,075
+30,435
| +70% | +$4.18M |
|
1633
Steris
STE
$23B
| $10.2M | 0.01% |
40,291
+2,857
| +8% | +$717K |
|
1634
Sonos
SONO
$1.79B
| $10.2M | 0.01% |
581,595
+392,853
| +208% | +$6.85M |
|
1635
CALL
Snap
SNAP
$9.3B
| $10.2M | 0.01% |
1,262,500
+1,132,500
| +871% | +$8.96M |
|
1636
ADMA Biologics
ADMA
$2.11B
| $10.2M | 0.01% |
557,153
+224,452
| +67% | +$3.78M |
|
1637
CALL
WEC Energy
WEC
$34.7B
| $10.1M | 0.01% |
96,100
+10,500
| +12% | +$1.16M |
|
1638
Churchill Downs
CHDN
$6.06B
| $10.1M | 0.01% |
88,818
-340,760
| -79% | -$35.3M |
|
1639
PUT
CME Group
CME
$101B
| $10.1M | 0.01% |
37,000
+29,100
| +368% | +$7.91M |
|
1640
Alamos Gold
AGI
$15.8B
| $10.1M | 0.01% |
261,716
+23,102
| +10% | +$805K |
|
1641
Vericel Corp
VCEL
$2.16B
| $10.1M | 0.01% |
280,299
+37,027
| +15% | +$1.36M |
|
|
BACC
1642
Blue Acquisition Corp
BACC
$293M
| $10.1M | 0.01% |
988,054
| – | – |
|
1643
TC Energy
TRP
$64.7B
| $10.1M | 0.01% |
183,042
+62,442
| +52% | +$3.33M |
|
1644
CALL
Unilever
UL
$139B
| $10.1M | 0.01% |
154,088
+74,621
| +94% | +$5.02M |
|
1645
Savara
SVRA
$1.14B
| $10.1M | 0.01% |
1,669,370
+1,297,345
| +349% | +$6.35M |
|
1646
Kratos Defense & Security Solutions
KTOS
$9.96B
| $10.1M | 0.01% |
132,602
+8,358
| +7% | +$684K |
|
|
SZZL
1647
Sizzle Acquisition Corp II
SZZL
$327M
| $10.1M | 0.01% |
990,000
| – | – |
|
|
SOUL
1648
Soulpower Acquisition Corp
SOUL
$355M
| $10M | 0.01% |
990,000
| – | – |
|
|
LX
1649
LexinFintech Holdings
LX
$196M
| $10M | 0.01% |
3,069,813
+627,720
| +26% | +$2.58M |
|
1650
KT
KT
$9.32B
| $10M | 0.01% |
528,918
+320,701
| +154% | +$5.98M |
|
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.