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 | |
|---|---|---|---|---|---|---|
2526
PUT
YPF
YPF
$20.4B
| $3.03M | ﹤0.01% |
124,700
+70,300
| +129% | +$2.16M |
|
2527
Sharplink Inc
SBET
$1.35B
| $3.03M | ﹤0.01% |
+177,906
| New | +$3.49M |
|
2528
InvenTrust Properties
IVT
$2.74B
| $3.02M | ﹤0.01% |
105,630
-37,032
| -26% | -$1.05M |
|
2529
CALL
Box
BOX
$4.31B
| $3.02M | ﹤0.01% |
93,600
+60,000
| +179% | +$1.94M |
|
2530
LifeMD
LFMD
$176M
| $3.02M | ﹤0.01% |
444,520
-775,284
| -64% | -$6.4M |
|
|
GLIBA
2531
Liberty Capital Corp Series A GCI Group Common Stock
GLIBA
$935M
| $3.01M | ﹤0.01% |
+80,216
| New | +$2.85M |
|
2532
Vornado Realty Trust
VNO
$7.55B
| $3.01M | ﹤0.01% |
74,326
-162,680
| -69% | -$6.34M |
|
2533
PUT
Royal Gold
RGLD
$17.2B
| $3.01M | ﹤0.01% |
+15,000
| New | +$2.59M |
|
2534
US Global Jets ETF
JETS
$786M
| $3.01M | ﹤0.01% |
+121,959
| New | +$3.06M |
|
2535
BrightView Holdings
BV
$1.23B
| $3M | ﹤0.01% |
223,935
-44,319
| -17% | -$658K |
|
|
IPG
2536
DELISTED
Interpublic Group of Companies
IPG
| $3M | ﹤0.01% |
107,413
-156,534
| -59% | -$4.04M |
|
2537
PUT
Gilead Sciences
GILD
$163B
| $3M | ﹤0.01% |
27,000
| – | – |
|
2538
Kimco Realty
KIM
$17.2B
| $3M | ﹤0.01% |
137,154
-235,418
| -63% | -$5.12M |
|
2539
Associated Banc-Corp
ASB
$5.8B
| $3M | ﹤0.01% |
116,532
-74,200
| -39% | -$1.9M |
|
2540
Mercer International
MERC
$39.5M
| $3M | ﹤0.01% |
1,040,022
+478,485
| +85% | +$1.58M |
|
2541
Accuray
ARAY
$33.9M
| $2.99M | ﹤0.01% |
1,793,391
| – | – |
|
2542
OSI Systems
OSIS
$3.62B
| $2.99M | ﹤0.01% |
11,999
-500
| -4% | -$114K |
|
2543
Oppenheimer Holdings
OPY
$1.19B
| $2.99M | ﹤0.01% |
40,444
+14,519
| +56% | +$1.05M |
|
2544
CALL
EOG Resources
EOG
$77.5B
| $2.98M | ﹤0.01% |
26,600
-55,300
| -68% | -$6.6M |
|
2545
Sonos
SONO
$1.72B
| $2.98M | ﹤0.01% |
188,742
+141,681
| +301% | +$1.82M |
|
2546
PUT
Alexandria Real Estate Equities
ARE
$9.15B
| $2.98M | ﹤0.01% |
35,700
-1,000
| -3% | -$80.1K |
|
2547
CALL
ScottsMiracle-Gro
SMG
$3.97B
| $2.97M | ﹤0.01% |
52,200
+14,200
| +37% | +$896K |
|
2548
Brookfield
BN
$103B
| $2.97M | ﹤0.01% |
64,938
-388,514
| -86% | -$17.2M |
|
2549
CALL
Papa John's
PZZA
$995M
| $2.97M | ﹤0.01% |
61,600
-143,100
| -70% | -$6.63M |
|
2550
Exelon
EXC
$46.6B
| $2.96M | ﹤0.01% |
65,833
-52,816
| -45% | -$2.32M |
|
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.