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 | |
|---|---|---|---|---|---|---|
2676
Greenlight Captial
GLRE
$579M
| $2.56M | ﹤0.01% |
201,658
+53,184
| +36% | +$694K |
|
2677
CALL
Iron Mountain
IRM
$35.9B
| $2.56M | ﹤0.01% |
25,100
+5,300
| +27% | +$511K |
|
|
DFTX
2678
Definium Therapeutics
DFTX
$5.6B
| $2.55M | ﹤0.01% |
216,334
+157,570
| +268% | +$1.47M |
|
2679
PUT
Sweetgreen
SG
$756M
| $2.55M | ﹤0.01% |
319,100
| – | – |
|
2680
PUT
SL Green Realty
SLG
$3.83B
| $2.54M | ﹤0.01% |
42,500
| – | – |
|
2681
J&J Snack Foods
JJSF
$1.49B
| $2.54M | ﹤0.01% |
26,401
+21,748
| +467% | +$2.41M |
|
2682
PUT
FIVE9
FIVN
$2.08B
| $2.54M | ﹤0.01% |
104,800
+49,800
| +91% | +$1.32M |
|
|
HVMCU
2683
Highview Merger Corp Units
HVMCU
| $2.53M | ﹤0.01% |
+250,000
| New | +$2.52M |
|
2684
PUT
Dave & Buster's
PLAY
$357M
| $2.52M | ﹤0.01% |
138,900
+81,400
| +142% | +$2.14M |
|
2685
Marten Transport
MRTN
$1.22B
| $2.52M | ﹤0.01% |
236,456
+34,592
| +17% | +$421K |
|
2686
VanEck Pharmaceutical ETF
PPH
$985M
| $2.52M | ﹤0.01% |
27,851
-2,403
| -8% | -$210K |
|
2687
Banco de Chile
BCH
$20.6B
| $2.52M | ﹤0.01% |
83,019
+34,631
| +72% | +$1.01M |
|
2688
Alamo Group
ALG
$1.91B
| $2.51M | ﹤0.01% |
13,174
-16,296
| -55% | -$3.5M |
|
2689
Tecnoglass
TGLS
$1.99B
| $2.51M | ﹤0.01% |
37,574
+32,874
| +699% | +$2.43M |
|
2690
Arcos Dorados Holdings
ARCO
$1.74B
| $2.51M | ﹤0.01% |
+371,976
| New | +$2.64M |
|
|
FGMC
2691
DELISTED
FG Merger II Corp
FGMC
| $2.5M | ﹤0.01% |
250,000
| – | – |
|
2692
PUT
KeyCorp
KEY
$23.8B
| $2.5M | ﹤0.01% |
133,600
+8,600
| +7% | +$159K |
|
2693
PUT
Transocean
RIG
$5.48B
| $2.5M | ﹤0.01% |
800,000
| – | – |
|
2694
Park National Corp
PRK
$3.84B
| $2.49M | ﹤0.01% |
15,345
-4,264
| -22% | -$719K |
|
2695
CALL
CACI
CACI
$10.8B
| $2.49M | ﹤0.01% |
5,000
| – | – |
|
2696
iShares MSCI Intl Momentum Factor ETF
IMTM
$3.99B
| $2.49M | ﹤0.01% |
52,024
-32,062
| -38% | -$1.48M |
|
2697
Signet Jewelers
SIG
$3.84B
| $2.48M | ﹤0.01% |
25,881
-1,713
| -6% | -$147K |
|
2698
CALL
Emerson Electric
EMR
$81.6B
| $2.48M | ﹤0.01% |
18,900
+13,400
| +244% | +$1.83M |
|
2699
CALL
Ramaco Resources Class A
METC
$629M
| $2.48M | ﹤0.01% |
+74,600
| New | +$1.73M |
|
|
LAC
2700
Lithium Americas
LAC
$951M
| $2.48M | ﹤0.01% |
+433,522
| New | +$1.37M |
|
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.