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 | |
|---|---|---|---|---|---|---|
2276
Pinnacle West Capital
PNW
$11.9B
| $4.53M | ﹤0.01% |
51,098
+36,800
| +257% | +$3.3M |
|
|
TGNA
2277
DELISTED
TEGNA Inc
TGNA
| $4.53M | ﹤0.01% |
233,434
-63,462
| -21% | -$1.25M |
|
2278
Wave Life Sciences
WVE
$1.02B
| $4.52M | ﹤0.01% |
+266,132
| New | +$2.7M |
|
2279
WEC Energy
WEC
$34.6B
| $4.52M | ﹤0.01% |
42,900
-4,763
| -10% | -$527K |
|
2280
DigitalOcean
DOCN
$14.3B
| $4.52M | ﹤0.01% |
93,848
-190,268
| -67% | -$8.38M |
|
2281
John Wiley & Sons Class A
WLY
$2.74B
| $4.51M | ﹤0.01% |
147,396
+126,305
| +599% | +$4.45M |
|
2282
CALL
Procore
PCOR
$9.68B
| $4.51M | ﹤0.01% |
62,000
+40,000
| +182% | +$2.96M |
|
2283
Stoneridge
SRI
$203M
| $4.5M | ﹤0.01% |
777,941
+141,020
| +22% | +$887K |
|
2284
CALL
Alpha Metallurgical Resources
AMR
$2.88B
| $4.5M | ﹤0.01% |
22,500
+8,900
| +65% | +$1.54M |
|
|
BIOA
2285
BioAge Labs
BIOA
$463M
| $4.5M | ﹤0.01% |
339,909
+235,628
| +226% | +$2.09M |
|
2286
Employers Holdings
EIG
$880M
| $4.49M | ﹤0.01% |
104,029
+10,698
| +11% | +$436K |
|
2287
PUT
Eastman Chemical
EMN
$8.31B
| $4.47M | ﹤0.01% |
70,100
+42,900
| +158% | +$2.64M |
|
2288
PUT
Kraft Heinz
KHC
$29.8B
| $4.47M | ﹤0.01% |
184,400
-155,000
| -46% | -$3.86M |
|
|
2289
CALL
Kraft Heinz
KHC
$29.8B
| $4.47M | ﹤0.01% |
184,300
+150,900
| +452% | +$3.75M |
|
2290
AngloGold Ashanti
AU
$59.9B
| $4.46M | ﹤0.01% |
52,279
+15,117
| +41% | +$1.18M |
|
|
RC
2291
Ready Capital
RC
$306M
| $4.46M | ﹤0.01% |
2,044,478
+1,837,242
| +887% | +$5.15M |
|
2292
CALL
McEwen Inc
MUX
$1.33B
| $4.45M | ﹤0.01% |
240,600
+184,400
| +328% | +$3.43M |
|
2293
N-able
NABL
$746M
| $4.44M | ﹤0.01% |
593,615
+75,616
| +15% | +$577K |
|
2294
Harmony Gold Mining
HMY
$13.1B
| $4.43M | ﹤0.01% |
222,789
+11,050
| +5% | +$206K |
|
2295
CALL
OR Royalties Inc
OR
$7.24B
| $4.43M | ﹤0.01% |
125,000
| – | – |
|
2296
Powell Industries
POWL
$7.02B
| $4.43M | ﹤0.01% |
41,661
-888
| -2% | -$99.7K |
|
2297
Boyd Gaming
BYD
$5.78B
| $4.41M | ﹤0.01% |
51,794
+41,194
| +389% | +$3.39M |
|
2298
Amplify Blockchain Technology ETF
BLOK
$1.14B
| $4.41M | ﹤0.01% |
77,576
+58,566
| +308% | +$3.78M |
|
2299
Intrepid Potash
IPI
$507M
| $4.41M | ﹤0.01% |
159,012
+23,077
| +17% | +$620K |
|
2300
Uranium Energy
UEC
$6.74B
| $4.41M | ﹤0.01% |
377,199
+133,511
| +55% | +$1.75M |
|
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.