D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.9B |
| 2 |
Broadcom
AVGO
|
+$1.07B |
| 3 |
NVIDIA
NVDA
|
+$908M |
| 4 |
Meta Platforms (Facebook)
META
|
+$861M |
| 5 |
Intuitive Surgical
ISRG
|
+$666M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.68B |
| 2 |
Apple
AAPL
|
+$1.31B |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$789M |
| 4 |
GE Aerospace
GE
|
+$653M |
| 5 |
Applovin
APP
|
+$634M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.25% |
| 2 | Consumer Discretionary | 7.51% |
| 3 | Financials | 7.11% |
| 4 | Healthcare | 6.95% |
| 5 | Industrials | 6.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3176
Pulmonx
LUNG
$83.6M
| $1.28M | ﹤0.01% |
789,249
+299,369
| +61% | +$626K |
|
3177
iShares MSCI South Africa ETF
EZA
$568M
| $1.28M | ﹤0.01% |
19,913
-27,366
| -58% | -$1.57M |
|
3178
ALPS Clean Energy ETF
ACES
$120M
| $1.28M | ﹤0.01% |
39,932
-2,303
| -5% | -$66.2K |
|
3179
Amplify Blockchain Technology ETF
BLOK
$1.08B
| $1.27M | ﹤0.01% |
19,010
-2,028
| -10% | -$123K |
|
3180
Liquidity Services
LQDT
$1.17B
| $1.27M | ﹤0.01% |
46,398
+14,773
| +47% | +$380K |
|
3181
CALL
Hallador Energy
HNRG
$696M
| $1.27M | ﹤0.01% |
+64,900
| New | +$1.12M |
|
|
QUMSU
3182
Quantumsphere Acquisition Corp Units
QUMSU
$118M
| $1.27M | ﹤0.01% |
+125,000
| New | +$1.26M |
|
3183
Bioventus
BVS
$1.03B
| $1.26M | ﹤0.01% |
188,892
+118,450
| +168% | +$822K |
|
3184
Mueller Water Products
MWA
$4.13B
| $1.26M | ﹤0.01% |
49,417
-9,485
| -16% | -$242K |
|
|
WBI
3185
WaterBridge Infrastructure LLC
WBI
$1.58B
| $1.26M | ﹤0.01% |
+50,000
| New | +$1.17M |
|
|
SFIX
3186
Stitch Fix
SFIX
$550M
| $1.26M | ﹤0.01% |
289,767
+105,536
| +57% | +$521K |
|
3187
PUT
GXO Logistics
GXO
$5.48B
| $1.26M | ﹤0.01% |
23,800
| – | – |
|
|
CHPG
3188
ChampionsGate Acquisition Corp
CHPG
$104M
| $1.26M | ﹤0.01% |
125,000
| – | – |
|
3189
CALL
Zoetis
ZTS
$31.2B
| $1.26M | ﹤0.01% |
+8,600
| New | +$1.3M |
|
3190
PUT
Prudential Financial
PRU
$41.7B
| $1.26M | ﹤0.01% |
12,100
-6,100
| -34% | -$642K |
|
3191
PUT
Warrior Met Coal
HCC
$4.45B
| $1.25M | ﹤0.01% |
19,700
| – | – |
|
3192
CALL
Fidelity National Information Services
FIS
$22.1B
| $1.25M | ﹤0.01% |
19,000
-21,000
| -53% | -$1.53M |
|
3193
CALL
STMicroelectronics
STM
$47.1B
| $1.25M | ﹤0.01% |
44,300
-9,300
| -17% | -$260K |
|
3194
Schwab US REIT ETF
SCHH
$11.4B
| $1.25M | ﹤0.01% |
57,941
-39,585
| -41% | -$844K |
|
3195
CALL
SharkNinja
SN
$25.8B
| $1.25M | ﹤0.01% |
12,100
+1,000
| +9% | +$114K |
|
3196
Crown Holdings
CCK
$13.3B
| $1.25M | ﹤0.01% |
12,910
-73,169
| -85% | -$7.34M |
|
3197
Pricesmart
PSMT
$5.76B
| $1.25M | ﹤0.01% |
10,286
-16,447
| -62% | -$1.82M |
|
3198
CALL
Clear Secure
YOU
$5.69B
| $1.25M | ﹤0.01% |
37,300
+24,800
| +198% | +$822K |
|
3199
Dianthus Therapeutics
DNTH
$6.15B
| $1.24M | ﹤0.01% |
+31,614
| New | +$808K |
|
3200
PUT
Idaho Strategic Resources
IDR
$524M
| $1.24M | ﹤0.01% |
+36,700
| New | +$866K |
|
Similar funds
D.E. Shaw & Co's Q3 2025 Portfolio in Review
As of Q3 2025, D.E. Shaw & Co held 5,023 positions worth $177B, up 26% from $141B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
D.E. Shaw & Co deployed $15.2B of net new capital in Q3 2025, opening 714 new positions and adding to 1,743 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 3,319,000 shares worth $370M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.68B trimmed.
- D.E. Shaw & Co's largest Q3 2025 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 3,319,000 shares worth $370M.
- D.E. Shaw & Co added most to Microsoft in Q3 2025, an estimated $1.9B increase.
- D.E. Shaw & Co's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.68B.
- D.E. Shaw & Co fully exited Hess in Q3 2025, selling an estimated $527M.
- D.E. Shaw & Co's ten largest holdings make up 13% of its $177B portfolio in Q3 2025.
- D.E. Shaw & Co opened 714 new positions and closed 514 in Q3 2025.
- D.E. Shaw & Co's portfolio value rose 26% quarter-over-quarter to $177B.
Based on D.E. Shaw & Co's 13F filing for Q3 2025, filed 14 Nov 2025.