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 | |
|---|---|---|---|---|---|---|
3201
Tiptree Inc
TIPT
$667M
| $1.24M | ﹤0.01% |
64,627
+4,007
| +7% | +$89.3K |
|
3202
Stoke Therapeutics
STOK
$1.99B
| $1.24M | ﹤0.01% |
52,613
+21,917
| +71% | +$376K |
|
3203
Sportradar
SRAD
$3.74B
| $1.23M | ﹤0.01% |
45,878
-556,520
| -92% | -$16.5M |
|
|
GEMI
3204
Gemini Space Station
GEMI
$510M
| $1.23M | ﹤0.01% |
+51,500
| New | +$1.33M |
|
3205
Southern Missouri Bancorp
SMBC
$868M
| $1.23M | ﹤0.01% |
23,462
+9,884
| +73% | +$551K |
|
3206
Fidelity National Financial
FNF
$13.8B
| $1.23M | ﹤0.01% |
20,381
-108,273
| -84% | -$6.29M |
|
|
TLN
3207
Talen Energy Corp
TLN
$15.8B
| $1.23M | ﹤0.01% |
2,894
+800
| +38% | +$289K |
|
|
MRC
3208
DELISTED
MRC Global
MRC
| $1.23M | ﹤0.01% |
85,295
-47,584
| -36% | -$677K |
|
3209
Telecom Argentina
TEO
$5.93B
| $1.23M | ﹤0.01% |
168,814
+107,670
| +176% | +$932K |
|
3210
Clover Health Investments
CLOV
$2.18B
| $1.23M | ﹤0.01% |
400,908
+353,949
| +754% | +$1.01M |
|
|
XHR
3211
Xenia Hotels & Resorts
XHR
$1.89B
| $1.23M | ﹤0.01% |
+89,405
| New | +$1.21M |
|
3212
Vitamin Cottage Natural Grocers
NGVC
$736M
| $1.23M | ﹤0.01% |
30,663
+20,747
| +209% | +$801K |
|
|
FISV
3213
PUT
Fiserv Inc
FISV
$28.9B
| $1.22M | ﹤0.01% |
9,500
+5,200
| +121% | +$745K |
|
3214
RLJ Lodging Trust
RLJ
$1.87B
| $1.22M | ﹤0.01% |
+169,887
| New | +$1.28M |
|
|
GRDN
3215
Guardian Pharmacy Services
GRDN
$2.56B
| $1.22M | ﹤0.01% |
+46,548
| New | +$1.11M |
|
|
AAT
3216
American Assets Trust
AAT
$1.42B
| $1.22M | ﹤0.01% |
59,966
-22,526
| -27% | -$454K |
|
|
ONL
3217
Orion Office REIT
ONL
$151M
| $1.21M | ﹤0.01% |
448,869
+17,319
| +4% | +$46.3K |
|
|
3218
CALL
Sportradar
SRAD
$3.74B
| $1.21M | ﹤0.01% |
45,000
-3,900
| -8% | -$116K |
|
|
3219
PUT
Sportradar
SRAD
$3.74B
| $1.21M | ﹤0.01% |
45,000
| – | – |
|
3220
Dream Finders Homes
DFH
$1.34B
| $1.21M | ﹤0.01% |
46,600
+212
| +0.5% | +$5.82K |
|
3221
Gulfport Energy Corp
GPOR
$2.81B
| $1.21M | ﹤0.01% |
6,666
-26,079
| -80% | -$4.54M |
|
3222
Talos Energy
TALO
$2.37B
| $1.21M | ﹤0.01% |
+125,771
| New | +$1.13M |
|
3223
Krystal Biotech
KRYS
$9.64B
| $1.2M | ﹤0.01% |
6,814
-4,913
| -42% | -$735K |
|
3224
CALL
FTAI Aviation
FTAI
$23B
| $1.2M | ﹤0.01% |
7,200
-42,500
| -86% | -$6.04M |
|
3225
CALL
Jabil
JBL
$35.5B
| $1.19M | ﹤0.01% |
+5,500
| New | +$1.2M |
|
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.