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 | |
|---|---|---|---|---|---|---|
201
PUT
Pinduoduo
PDD
$126B
| $190M | 0.1% |
1,677,000
-1,690,600
| -50% | -$210M |
|
202
Centrus Energy
LEU
$3.72B
| $190M | 0.1% |
780,889
+113,403
| +17% | +$34.2M |
|
203
PUT
Mercado Libre
MELI
$97.5B
| $187M | 0.1% |
92,900
+43,300
| +87% | +$91M |
|
204
Oracle
ORCL
$422B
| $186M | 0.1% |
956,493
+317,069
| +50% | +$75.5M |
|
205
Bank of Montreal
BMO
$122B
| $186M | 0.1% |
1,434,421
+299,414
| +26% | +$37.9M |
|
206
CALL
IBM
IBM
$222B
| $185M | 0.1% |
625,200
+330,500
| +112% | +$99M |
|
207
PUT
Target
TGT
$75.1B
| $184M | 0.1% |
1,884,000
+592,400
| +46% | +$54.6M |
|
208
Mastercard
MA
$509B
| $183M | 0.1% |
321,418
+38,679
| +14% | +$21.6M |
|
209
PUT
Palo Alto Networks
PANW
$292B
| $183M | 0.1% |
995,500
+293,800
| +42% | +$59.3M |
|
210
Johnson & Johnson
JNJ
$651B
| $183M | 0.1% |
883,503
-260,159
| -23% | -$51.4M |
|
211
GE Aerospace
GE
$361B
| $182M | 0.1% |
592,380
-758,100
| -56% | -$228M |
|
212
Carnival Corporation Ltd
CCL
$35.2B
| $182M | 0.1% |
5,970,622
+5,049,420
| +548% | +$141M |
|
213
Sunrun
RUN
$2.21B
| $182M | 0.1% |
9,906,448
+364,676
| +4% | +$6.99M |
|
214
Ameriprise Financial
AMP
$49.1B
| $182M | 0.1% |
370,843
+236,095
| +175% | +$112M |
|
215
Generac Holdings
GNRC
$12.2B
| $182M | 0.1% |
1,331,589
+1,194,382
| +870% | +$193M |
|
216
CALL
Chevron
CVX
$403B
| $179M | 0.1% |
1,177,500
-37,900
| -3% | -$5.77M |
|
217
PUT
Coinbase
COIN
$49.2B
| $179M | 0.1% |
791,500
+208,200
| +36% | +$62M |
|
218
TeraWulf
WULF
$7.8B
| $178M | 0.1% |
15,474,258
+2,298,669
| +17% | +$30.8M |
|
219
Alnylam Pharmaceuticals
ALNY
$31.6B
| $177M | 0.1% |
444,493
+245,076
| +123% | +$108M |
|
220
ICICI Bank
IBN
$107B
| $176M | 0.1% |
5,920,209
+5,892,309
| +21,119% | +$181M |
|
221
Jabil
JBL
$32.8B
| $176M | 0.1% |
771,218
+557,692
| +261% | +$119M |
|
222
Deckers Outdoor
DECK
$12.5B
| $175M | 0.1% |
1,691,329
+1,647,119
| +3,726% | +$154M |
|
223
PUT
SoFi Technologies
SOFI
$24.4B
| $175M | 0.1% |
6,695,000
+3,635,000
| +119% | +$101M |
|
224
Morgan Stanley
MS
$336B
| $174M | 0.1% |
979,464
-64,240
| -6% | -$10.7M |
|
225
CALL
Citigroup
C
$221B
| $173M | 0.1% |
1,486,300
+392,700
| +36% | +$40.8M |
|
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.