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 |
Apple
AAPL
|
+$1.2B |
| 2 |
NVIDIA
NVDA
|
+$1.02B |
| 3 |
T-Mobile US
TMUS
|
+$911M |
| 4 |
Netflix
NFLX
|
+$699M |
| 5 |
Micron Technology
MU
|
+$672M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Vernova
GEV
|
+$768M |
| 2 |
Robinhood
HOOD
|
+$643M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$534M |
| 4 |
Microsoft
MSFT
|
+$493M |
| 5 |
Intuit
INTU
|
+$472M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.33% |
| 2 | Healthcare | 8.66% |
| 3 | Consumer Discretionary | 8.33% |
| 4 | Financials | 6.44% |
| 5 | Industrials | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
XPeng
XPEV
$12.5B
| $86.7M | 0.06% |
4,847,640
-1,783,552
| -27% | -$34.8M |
|
352
Halliburton
HAL
$26.1B
| $86.4M | 0.06% |
4,239,101
-1,156,390
| -21% | -$24.3M |
|
353
PUT
Newmont
NEM
$96.2B
| $85.6M | 0.06% |
1,468,500
-561,000
| -28% | -$29.9M |
|
354
CALL
UnitedHealth
UNH
$382B
| $85.5M | 0.06% |
+274,100
| New | +$105M |
|
355
CALL
Snowflake
SNOW
$98.1B
| $85M | 0.06% |
380,000
+245,400
| +182% | +$44.4M |
|
356
PUT
Applied Materials
AMAT
$347B
| $84.9M | 0.06% |
463,700
-247,800
| -35% | -$39.3M |
|
357
CALL
Rocket Lab Corp
RKLB
$36.6B
| $84.4M | 0.06% |
2,358,500
+1,418,900
| +151% | +$34.7M |
|
358
Allstate
ALL
$70.6B
| $84.2M | 0.06% |
418,311
+304,789
| +268% | +$60.8M |
|
359
CALL
Apollo Global Management
APO
$69B
| $83.9M | 0.06% |
591,700
-90,300
| -13% | -$12M |
|
360
PUT
Delta Air Lines
DAL
$56.7B
| $83.8M | 0.06% |
1,703,500
+462,900
| +37% | +$21.3M |
|
361
Weatherford International
WFRD
$5.9B
| $82.9M | 0.06% |
1,648,551
+657,286
| +66% | +$30.5M |
|
362
CALL
Shopify
SHOP
$168B
| $82.8M | 0.06% |
717,800
+114,400
| +19% | +$11.4M |
|
363
Citigroup
C
$213B
| $82.3M | 0.06% |
966,867
+34,319
| +4% | +$2.48M |
|
364
CALL
Sea Limited
SE
$66.4B
| $82M | 0.06% |
512,800
-98,100
| -16% | -$14.2M |
|
|
365
PUT
GE Vernova
GEV
$240B
| $81.2M | 0.06% |
153,500
-5,900
| -4% | -$2.46M |
|
366
Northrop Grumman
NOC
$76B
| $80.7M | 0.06% |
161,377
-244,560
| -60% | -$120M |
|
367
CF Industries
CF
$19.6B
| $80.5M | 0.06% |
874,468
+671,748
| +331% | +$57.2M |
|
368
Cintas
CTAS
$86.6B
| $80.2M | 0.06% |
359,947
+126,450
| +54% | +$27.2M |
|
369
CALL
First Solar
FSLR
$21.4B
| $80.2M | 0.06% |
484,600
+104,400
| +27% | +$15.4M |
|
370
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $80.2M | 0.06% |
2,336,431
+1,473,602
| +171% | +$48.8M |
|
371
Atmus Filtration Technologies
ATMU
$4.12B
| $80M | 0.06% |
2,195,839
+118,304
| +6% | +$4.22M |
|
372
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.76B
| $79.9M | 0.06% |
3,150,932
+2,065,400
| +190% | +$50.5M |
|
373
CALL
Starbucks
SBUX
$119B
| $79M | 0.06% |
861,800
+75,200
| +10% | +$6.52M |
|
374
Teradyne
TER
$50B
| $78.7M | 0.06% |
875,360
+316,424
| +57% | +$25.3M |
|
375
Bank OZK
OZK
$5.63B
| $78.6M | 0.06% |
1,671,168
-3,756
| -0.2% | -$164K |
|
Similar funds
D.E. Shaw & Co's Q2 2025 Portfolio in Review
As of Q2 2025, D.E. Shaw & Co held 4,838 positions worth $141B, up 26% from $112B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
D.E. Shaw & Co deployed $7.51B of net new capital in Q2 2025, opening 647 new positions and adding to 1,556 existing holdings. Its largest new stake was Sea Limited: 1,365,221 shares worth $218M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was GE Vernova, an estimated $768M trimmed.
- D.E. Shaw & Co's largest Q2 2025 buy was Sea Limited: 1,365,221 shares worth $218M.
- D.E. Shaw & Co added most to Apple in Q2 2025, an estimated $1.2B increase.
- D.E. Shaw & Co's biggest Q2 2025 reduction was GE Vernova, cutting an estimated $768M.
- D.E. Shaw & Co fully exited Novo Nordisk in Q2 2025, selling an estimated $176M.
- D.E. Shaw & Co's ten largest holdings make up 12% of its $141B portfolio in Q2 2025.
- D.E. Shaw & Co opened 647 new positions and closed 532 in Q2 2025.
- D.E. Shaw & Co's portfolio value rose 26% quarter-over-quarter to $141B.
Based on D.E. Shaw & Co's 13F filing for Q2 2025, filed 14 Aug 2025.