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 | |
|---|---|---|---|---|---|---|
2551
SkyWater Technology
SKYT
$1.6B
| $2.96M | ﹤0.01% |
158,739
+63,295
| +66% | +$732K |
|
2552
CALL
Ambarella
AMBA
$3.25B
| $2.95M | ﹤0.01% |
35,800
+31,400
| +714% | +$2.28M |
|
2553
TFI International
TFII
$11B
| $2.95M | ﹤0.01% |
33,574
-24,100
| -42% | -$2.21M |
|
|
SEMR
2554
DELISTED
Semrush
SEMR
| $2.95M | ﹤0.01% |
417,204
+382,450
| +1,100% | +$3.12M |
|
2555
TriMas Corp
TRS
$1.36B
| $2.95M | ﹤0.01% |
76,312
-32,282
| -30% | -$1.15M |
|
2556
Trex
TREX
$4.56B
| $2.94M | ﹤0.01% |
56,826
-14,456
| -20% | -$880K |
|
2557
SITE Centers
SITC
$227M
| $2.93M | ﹤0.01% |
324,915
+168,884
| +108% | +$1.8M |
|
2558
Avista
AVA
$3.39B
| $2.93M | ﹤0.01% |
77,393
-25,489
| -25% | -$948K |
|
2559
CALL
Macy's
M
$6.56B
| $2.93M | ﹤0.01% |
163,200
+93,200
| +133% | +$1.32M |
|
2560
PUT
Elastic
ESTC
$6.68B
| $2.92M | ﹤0.01% |
34,600
+18,600
| +116% | +$1.57M |
|
2561
Marathon Petroleum
MPC
$91.7B
| $2.92M | ﹤0.01% |
15,155
+8,118
| +115% | +$1.43M |
|
2562
PUT
Starwood Property Trust
STWD
$6.02B
| $2.92M | ﹤0.01% |
150,500
-4,900
| -3% | -$98.7K |
|
2563
ZipRecruiter
ZIP
$324M
| $2.91M | ﹤0.01% |
690,676
+383,341
| +125% | +$1.79M |
|
2564
CALL
F5
FFIV
$22.1B
| $2.91M | ﹤0.01% |
9,000
| – | – |
|
2565
Duolingo
DUOL
$6.22B
| $2.9M | ﹤0.01% |
9,021
-130,280
| -94% | -$43.6M |
|
2566
Caleres
CAL
$437M
| $2.9M | ﹤0.01% |
222,488
-114,368
| -34% | -$1.66M |
|
2567
Red Robin
RRGB
$144M
| $2.9M | ﹤0.01% |
422,717
-26,486
| -6% | -$169K |
|
2568
Alector
ALEC
$180M
| $2.9M | ﹤0.01% |
978,204
+444,004
| +83% | +$978K |
|
2569
Hyliion Holdings
HYLN
$646M
| $2.9M | ﹤0.01% |
1,469,629
-342,342
| -19% | -$570K |
|
2570
CALL
Penumbra
PEN
$12.6B
| $2.89M | ﹤0.01% |
11,400
| – | – |
|
2571
CALL
Tapestry
TPR
$30.8B
| $2.89M | ﹤0.01% |
25,500
-198,700
| -89% | -$20.8M |
|
2572
CALL
monday.com
MNDY
$3.73B
| $2.89M | ﹤0.01% |
14,900
+1,100
| +8% | +$253K |
|
2573
iShares MSCI Spain ETF
EWP
$2.11B
| $2.89M | ﹤0.01% |
58,299
-85,600
| -59% | -$4.01M |
|
2574
CALL
HF Sinclair
DINO
$16.7B
| $2.88M | ﹤0.01% |
55,100
+45,200
| +457% | +$2.14M |
|
2575
CALL
MetLife
MET
$62.5B
| $2.88M | ﹤0.01% |
35,000
-35,000
| -50% | -$2.75M |
|
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.