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 | |
|---|---|---|---|---|---|---|
926
Arlo Technologies
ARLO
$1.6B
| $26.6M | 0.02% |
1,571,114
+888,524
| +130% | +$15.1M |
|
927
Inspire Medical Systems
INSP
$1.45B
| $26.6M | 0.02% |
358,857
+344,635
| +2,423% | +$34.9M |
|
928
Compass
COMP
$8.51B
| $26.5M | 0.02% |
3,300,736
-43,510
| -1% | -$352K |
|
929
Leggett & Platt
LEG
$1.34B
| $26.5M | 0.02% |
2,983,638
-96,885
| -3% | -$923K |
|
930
PUT
HubSpot
HUBS
$12.2B
| $26.5M | 0.01% |
56,600
+25,000
| +79% | +$12.6M |
|
931
CALL
United Parcel Service
UPS
$88.6B
| $26.5M | 0.01% |
316,800
+226,300
| +250% | +$20.5M |
|
932
CALL
Enphase Energy
ENPH
$4.96B
| $26.5M | 0.01% |
747,400
+713,400
| +2,098% | +$26.5M |
|
933
PUT
Visa
V
$684B
| $26.4M | 0.01% |
77,400
+52,100
| +206% | +$18M |
|
|
EMA
934
PUT
Emera Inc
EMA
$16.5B
| $26.4M | 0.01% |
550,000
+400,000
| +267% | +$18.7M |
|
935
Power Integrations
POWI
$3.38B
| $26.3M | 0.01% |
654,574
+254,832
| +64% | +$12.3M |
|
936
Ashland
ASH
$3.33B
| $26.3M | 0.01% |
548,410
-23,749
| -4% | -$1.25M |
|
937
PUT
Burlington
BURL
$23.2B
| $26.3M | 0.01% |
103,200
-34,800
| -25% | -$9.45M |
|
938
iShares National Muni Bond ETF
MUB
$45.1B
| $26.2M | 0.01% |
246,000
+50,900
| +26% | +$5.33M |
|
939
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.54B
| $26.2M | 0.01% |
794,295
-495,201
| -38% | -$14.9M |
|
940
Angi Inc
ANGI
$229M
| $26.1M | 0.01% |
1,604,512
+425,032
| +36% | +$7.29M |
|
941
RLX Technology
RLX
$2.47B
| $26M | 0.01% |
9,901,155
+3,884,018
| +65% | +$9.24M |
|
942
PUT
Royal Caribbean
RCL
$85.1B
| $26M | 0.01% |
80,200
+18,300
| +30% | +$6.11M |
|
|
NVMI
943
Nova
NVMI
$12.4B
| $25.9M | 0.01% |
+80,872
| New | +$22.3M |
|
944
CALL
Medtronic
MDT
$109B
| $25.8M | 0.01% |
270,900
+156,800
| +137% | +$14.4M |
|
945
CALL
Roku
ROKU
$21.5B
| $25.8M | 0.01% |
257,500
+111,800
| +77% | +$10.3M |
|
946
CALL
Canadian Natural Resources
CNQ
$99.4B
| $25.6M | 0.01% |
800,000
-70,000
| -8% | -$2.19M |
|
947
ConocoPhillips
COP
$147B
| $25.5M | 0.01% |
269,554
-129,343
| -32% | -$12.2M |
|
948
LCI Industries
LCII
$2.49B
| $25.5M | 0.01% |
273,687
-1,858
| -0.7% | -$186K |
|
949
CALL
McKesson
MCK
$100B
| $25.5M | 0.01% |
33,000
+19,200
| +139% | +$13.5M |
|
950
PUT
Altria Group
MO
$114B
| $25.5M | 0.01% |
385,900
+216,300
| +128% | +$13.7M |
|
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.