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 | |
|---|---|---|---|---|---|---|
1951
PUT
PVH
PVH
$3.51B
| $6.92M | ﹤0.01% |
103,200
-59,900
| -37% | -$4.68M |
|
1952
Ligand Pharmaceuticals
LGND
$5.67B
| $6.91M | ﹤0.01% |
36,551
+19,037
| +109% | +$3.66M |
|
1953
SBA Communications
SBAC
$19.8B
| $6.9M | ﹤0.01% |
+35,681
| New | +$6.89M |
|
1954
Regions Financial
RF
$25.9B
| $6.89M | ﹤0.01% |
254,149
+117,750
| +86% | +$3.01M |
|
1955
FirstService
FSV
$6.16B
| $6.88M | ﹤0.01% |
44,211
-46,500
| -51% | -$7.57M |
|
1956
Curtiss-Wright
CW
$22.4B
| $6.88M | ﹤0.01% |
12,472
+4,320
| +53% | +$2.41M |
|
|
HYAC
1957
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $6.87M | ﹤0.01% |
603,700
| – | – |
|
1958
PUT
XPeng
XPEV
$10.8B
| $6.85M | ﹤0.01% |
+337,600
| New | +$7.33M |
|
1959
Red Rock Resorts
RRR
$3.45B
| $6.84M | ﹤0.01% |
110,424
-97,369
| -47% | -$5.69M |
|
1960
PUT
Jabil
JBL
$32.7B
| $6.84M | ﹤0.01% |
30,000
| – | – |
|
1961
United Microelectronic
UMC
$47.8B
| $6.84M | ﹤0.01% |
+870,260
| New | +$6.6M |
|
1962
Columbus McKinnon
CMCO
$531M
| $6.83M | ﹤0.01% |
395,674
+11,424
| +3% | +$183K |
|
1963
Community Health Systems
CYH
$413M
| $6.79M | ﹤0.01% |
2,175,152
-1,513,823
| -41% | -$5.09M |
|
|
KYIV
1964
Kyivstar Group
KYIV
$3.13B
| $6.76M | ﹤0.01% |
520,947
-315,207
| -38% | -$4.15M |
|
1965
CALL
KeyCorp
KEY
$23.5B
| $6.76M | ﹤0.01% |
327,500
+135,800
| +71% | +$2.53M |
|
1966
PUT
BioNTech
BNTX
$28B
| $6.76M | ﹤0.01% |
71,000
+39,000
| +122% | +$3.93M |
|
|
MOFG
1967
DELISTED
MidWestOne Financial Group
MOFG
| $6.75M | ﹤0.01% |
+175,290
| New | +$6.39M |
|
1968
Teradata
TDC
$2.66B
| $6.75M | ﹤0.01% |
221,703
+90,692
| +69% | +$2.37M |
|
1969
Weibo
WB
$1.71B
| $6.75M | ﹤0.01% |
660,244
+32,159
| +5% | +$345K |
|
1970
McEwen Inc
MUX
$1.33B
| $6.74M | ﹤0.01% |
364,153
-244,703
| -40% | -$4.55M |
|
1971
PUT
Lithia Motors
LAD
$8.16B
| $6.71M | ﹤0.01% |
20,200
-8,000
| -28% | -$2.54M |
|
1972
Grupo Cibest SA
CIB
$23.3B
| $6.69M | ﹤0.01% |
105,248
-38,509
| -27% | -$2.3M |
|
1973
First Trust NASDAQ Cybersecurity ETF
CIBR
$16B
| $6.67M | ﹤0.01% |
93,283
+79,884
| +596% | +$5.99M |
|
1974
iShares Biotechnology ETF
IBB
$10.8B
| $6.62M | ﹤0.01% |
+39,244
| New | +$6.37M |
|
1975
PUT
Shift4
FOUR
$3.47B
| $6.62M | ﹤0.01% |
105,100
+94,000
| +847% | +$6.64M |
|
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.