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 | |
|---|---|---|---|---|---|---|
2001
Dianthus Therapeutics
DNTH
$6.24B
| $6.37M | ﹤0.01% |
154,678
+123,064
| +389% | +$4.77M |
|
2002
Vulcan Materials
VMC
$35.5B
| $6.37M | ﹤0.01% |
22,347
-7,953
| -26% | -$2.33M |
|
2003
Interparfums
IPAR
$3.76B
| $6.36M | ﹤0.01% |
75,004
+20,635
| +38% | +$1.82M |
|
2004
Healthcare Realty
HR
$6.56B
| $6.35M | ﹤0.01% |
374,744
+333,455
| +808% | +$5.93M |
|
2005
PUT
Stellantis
STLA
$19.9B
| $6.35M | ﹤0.01% |
582,700
+73,800
| +15% | +$794K |
|
2006
Nu Skin
NUS
$233M
| $6.34M | ﹤0.01% |
659,262
-596,311
| -47% | -$6.17M |
|
2007
Progyny
PGNY
$1.98B
| $6.34M | ﹤0.01% |
246,851
-718,077
| -74% | -$16.5M |
|
|
SKYT
2008
DELISTED
SkyWater Technology
SKYT
| $6.33M | ﹤0.01% |
348,783
+190,044
| +120% | +$3.3M |
|
2009
CoinShares Bitcoin Mining and Digital Power ETF
WGMI
$229M
| $6.32M | ﹤0.01% |
165,198
+116,114
| +237% | +$5.69M |
|
2010
Designer Brands
DBI
$278M
| $6.31M | ﹤0.01% |
849,479
+357,261
| +73% | +$1.72M |
|
2011
Aclaris Therapeutics
ACRS
$907M
| $6.31M | ﹤0.01% |
2,096,651
-276,575
| -12% | -$699K |
|
2012
Okta
OKTA
$30.1B
| $6.31M | ﹤0.01% |
72,954
-151,748
| -68% | -$13.2M |
|
2013
Artisan Partners
APAM
$3.09B
| $6.3M | ﹤0.01% |
154,646
-8,108
| -5% | -$346K |
|
2014
CALL
Innodata
INOD
$2.04B
| $6.29M | ﹤0.01% |
123,500
+41,000
| +50% | +$2.67M |
|
|
EFXT
2015
Enerflex
EFXT
$2.54B
| $6.25M | ﹤0.01% |
405,671
+316,071
| +353% | +$4.2M |
|
|
VMRK
2016
Vivmark Residential
VMRK
$26.1B
| $6.24M | ﹤0.01% |
99,024
+3,388
| +4% | +$208K |
|
2017
Seaboard Corp
SEB
$3.78B
| $6.24M | ﹤0.01% |
1,403
+297
| +27% | +$1.17M |
|
2018
PUT
Floor & Decor
FND
$5.68B
| $6.24M | ﹤0.01% |
+102,400
| New | +$6.64M |
|
2019
Federal Agricultural Mortgage
AGM
$2.42B
| $6.23M | ﹤0.01% |
35,510
+9,032
| +34% | +$1.52M |
|
2020
PagerDuty
PD
$974M
| $6.23M | ﹤0.01% |
475,474
+341,409
| +255% | +$4.98M |
|
2021
PUT
Petrobras
PBR
$118B
| $6.22M | ﹤0.01% |
525,000
+202,400
| +63% | +$2.47M |
|
2022
Castle Biosciences
CSTL
$1.05B
| $6.21M | ﹤0.01% |
159,709
+67,095
| +72% | +$2.16M |
|
|
PCAP
2023
ProCap Acquisition Corp
PCAP
$329M
| $6.19M | ﹤0.01% |
610,731
+70,720
| +13% | +$725K |
|
2024
RingCentral
RNG
$5.72B
| $6.18M | ﹤0.01% |
+214,043
| New | +$6.09M |
|
|
AACB
2025
DELISTED
Artius II Acquisition Inc
AACB
| $6.18M | ﹤0.01% |
600,000
| – | – |
|
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.