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 | |
|---|---|---|---|---|---|---|
1926
Xperi
XPER
$296M
| $7.19M | ﹤0.01% |
1,226,590
+201,641
| +20% | +$1.26M |
|
1927
CALL
Teck Resources
TECK
$34.6B
| $7.18M | ﹤0.01% |
+150,000
| New | +$6.5M |
|
1928
Atkore
ATKR
$3.16B
| $7.16M | ﹤0.01% |
113,145
-38,147
| -25% | -$2.49M |
|
|
DMAA
1929
Drugs Made In America Acquisition Corp
DMAA
$261M
| $7.16M | ﹤0.01% |
690,000
| – | – |
|
1930
Henry Schein
HSIC
$10.1B
| $7.15M | ﹤0.01% |
94,632
+52,076
| +122% | +$3.66M |
|
1931
Avantis US Small Cap Value ETF
AVUV
$31.4B
| $7.14M | ﹤0.01% |
+69,970
| New | +$7M |
|
1932
Workday
WDAY
$47.8B
| $7.11M | ﹤0.01% |
33,107
-62,581
| -65% | -$14.2M |
|
|
EVOX
1933
Evolution Global Acquisition Corp
EVOX
| $7.11M | ﹤0.01% |
+719,997
| New | +$7.12M |
|
1934
CALL
Elbit Systems
ESLT
$33.7B
| $7.11M | ﹤0.01% |
12,300
-11,100
| -47% | -$5.56M |
|
1935
PUT
Cadence Design Systems
CDNS
$95.7B
| $7.1M | ﹤0.01% |
22,700
-5,000
| -18% | -$1.63M |
|
1936
Truist Financial
TFC
$61.4B
| $7.07M | ﹤0.01% |
143,637
-452,974
| -76% | -$20.9M |
|
1937
PUT
SolarEdge
SEDG
$2.06B
| $7.07M | ﹤0.01% |
245,000
| – | – |
|
1938
IPG Photonics
IPGP
$3.29B
| $7.06M | ﹤0.01% |
98,599
-27,074
| -22% | -$2.21M |
|
1939
Alcoa
AA
$13.5B
| $7.06M | ﹤0.01% |
132,799
+110,408
| +493% | +$4.52M |
|
1940
KB Financial Group
KB
$42.6B
| $7M | ﹤0.01% |
+81,326
| New | +$6.85M |
|
1941
PUT
STMicroelectronics
STM
$45.8B
| $7M | ﹤0.01% |
269,700
+73,200
| +37% | +$1.88M |
|
1942
Clear Channel Outdoor Holdings
CCO
$1.22B
| $6.99M | ﹤0.01% |
3,161,473
+1,235,630
| +64% | +$2.29M |
|
1943
CMS Energy
CMS
$21.4B
| $6.99M | ﹤0.01% |
99,906
-93,885
| -48% | -$6.83M |
|
1944
Vipshop
VIPS
$6.4B
| $6.95M | ﹤0.01% |
392,942
+123,313
| +46% | +$2.37M |
|
1945
LivaNova
LIVN
$4.41B
| $6.95M | ﹤0.01% |
112,958
-249,653
| -69% | -$14.3M |
|
1946
PUT
Academy Sports + Outdoors
ASO
$2.64B
| $6.93M | ﹤0.01% |
138,800
+8,000
| +6% | +$397K |
|
|
SFBS
1947
ServisFirst Bancshares
SFBS
$4.72B
| $6.92M | ﹤0.01% |
192,882
+142,034
| +279% | +$5.21M |
|
1948
Ecopetrol
EC
$34B
| $6.92M | ﹤0.01% |
690,567
+189,118
| +38% | +$1.8M |
|
|
NML
1949
Neuberger Energy Infrastructure and Income Fund Inc
NML
$592M
| $6.92M | ﹤0.01% |
813,814
+17,544
| +2% | +$147K |
|
1950
Alerian MLP ETF
AMLP
$13.4B
| $6.92M | ﹤0.01% |
147,104
+119,761
| +438% | +$5.61M |
|
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.