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 | |
|---|---|---|---|---|---|---|
|
CMPS
1651
Compass Pathways
CMPS
$2B
| $10M | 0.01% |
1,453,876
+775,084
| +114% | +$4.73M |
|
1652
CALL
Chewy
CHWY
$9.43B
| $10M | 0.01% |
303,300
-65,600
| -18% | -$2.28M |
|
1653
First Financial Bankshares
FFIN
$4.81B
| $10M | 0.01% |
335,297
+197,106
| +143% | +$6.21M |
|
1654
CALL
Cboe Global Markets
CBOE
$32.5B
| $10M | 0.01% |
39,900
+9,900
| +33% | +$2.46M |
|
1655
CALL
Workday
WDAY
$48B
| $10M | 0.01% |
46,600
+26,300
| +130% | +$5.98M |
|
1656
PUT
AbbVie
ABBV
$458B
| $10M | 0.01% |
43,800
+7,600
| +21% | +$1.73M |
|
|
PAII
1657
Pyrophyte Acquisition Corp II
PAII
| $9.98M | 0.01% |
992,036
| – | – |
|
1658
Robert Half
RHI
$4.54B
| $9.97M | 0.01% |
367,027
+217,415
| +145% | +$6.21M |
|
|
ACH
1659
Accendra Health
ACH
$92.3M
| $9.96M | 0.01% |
3,558,605
+1,238,621
| +53% | +$4.43M |
|
|
VNME
1660
Vendome Acquisition Corp I
VNME
$257M
| $9.96M | 0.01% |
989,142
+38,342
| +4% | +$384K |
|
|
ENHA
1661
Enhanced Group Inc
ENHA
$628M
| $9.95M | 0.01% |
990,000
| – | – |
|
1662
Skyward Specialty Insurance
SKWD
$2.34B
| $9.94M | 0.01% |
194,396
-31,911
| -14% | -$1.53M |
|
1663
CALL
Gilead Sciences
GILD
$182B
| $9.91M | 0.01% |
80,700
-28,200
| -26% | -$3.43M |
|
|
DMII
1664
Drugs Made In America Acquisition II Corp
DMII
$645M
| $9.9M | 0.01% |
+1,000,000
| New | +$9.89M |
|
|
LAC
1665
Lithium Americas
LAC
$1.16B
| $9.89M | 0.01% |
2,270,079
+1,836,557
| +424% | +$10.6M |
|
1666
US Global Jets ETF
JETS
$797M
| $9.88M | 0.01% |
351,843
+229,884
| +188% | +$5.97M |
|
1667
CALL
British American Tobacco
BTI
$122B
| $9.85M | 0.01% |
173,900
-536,700
| -76% | -$29.3M |
|
1668
CALL
Ferrari
RACE
$72.7B
| $9.83M | 0.01% |
26,600
-7,700
| -22% | -$3.08M |
|
1669
Mueller Water Products
MWA
$3.91B
| $9.8M | 0.01% |
411,601
+362,184
| +733% | +$8.97M |
|
1670
Edgewise Therapeutics
EWTX
$4.77B
| $9.79M | 0.01% |
394,695
-282,866
| -42% | -$5.68M |
|
1671
PUT
Etsy
ETSY
$7.54B
| $9.78M | 0.01% |
176,400
+84,000
| +91% | +$5.13M |
|
1672
U-Haul Holding Co
UHAL
$13.4B
| $9.77M | 0.01% |
193,724
+90,578
| +88% | +$4.82M |
|
1673
PUT
Bath & Body Works
BBWI
$3.73B
| $9.76M | 0.01% |
485,900
+421,200
| +651% | +$9.3M |
|
1674
CALL
EOG Resources
EOG
$75.7B
| $9.76M | 0.01% |
92,900
+66,300
| +249% | +$7.12M |
|
|
HVII
1675
Hennessy Capital Investment Corp VII
HVII
$191M
| $9.73M | 0.01% |
940,500
| – | – |
|
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.