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 | |
|---|---|---|---|---|---|---|
2751
PUT
Aptiv
APTV
$12.6B
| $1.69M | ﹤0.01% |
24,700
-152,100
| -86% | -$9.42M |
|
2752
CALL
Novavax
NVAX
$1.21B
| $1.68M | ﹤0.01% |
267,200
+230,400
| +626% | +$1.53M |
|
2753
Smith & Nephew
SNN
$13.7B
| $1.68M | ﹤0.01% |
54,808
-211,553
| -79% | -$5.97M |
|
2754
Ribbon Communications
RBBN
$361M
| $1.67M | ﹤0.01% |
416,687
| – | – |
|
2755
Zevra Therapeutics
ZVRA
$575M
| $1.67M | ﹤0.01% |
189,313
+161,943
| +592% | +$1.31M |
|
|
DENN
2756
DELISTED
Denny's
DENN
| $1.67M | ﹤0.01% |
406,529
-105,025
| -21% | -$403K |
|
|
WBA
2757
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $1.66M | ﹤0.01% |
145,000
-15,300
| -10% | -$170K |
|
2758
PUT
PBF Energy
PBF
$7.22B
| $1.66M | ﹤0.01% |
76,700
-97,400
| -56% | -$1.85M |
|
2759
PUT
BILL Holdings
BILL
$4.62B
| $1.66M | ﹤0.01% |
35,900
| – | – |
|
2760
QCR Holdings
QCRH
$1.69B
| $1.66M | ﹤0.01% |
24,441
+2,372
| +11% | +$159K |
|
2761
PUT
NewMarket
NEU
$7.2B
| $1.66M | ﹤0.01% |
2,400
+1,800
| +300% | +$1.12M |
|
2762
Edgewell Personal Care
EPC
$1.3B
| $1.66M | ﹤0.01% |
70,814
-57,374
| -45% | -$1.59M |
|
2763
Monarch Casino & Resort
MCRI
$2.2B
| $1.65M | ﹤0.01% |
19,121
-4,871
| -20% | -$393K |
|
2764
CALL
SL Green Realty
SLG
$3.77B
| $1.65M | ﹤0.01% |
26,700
-20,100
| -43% | -$1.15M |
|
2765
CALL
AeroVironment
AVAV
$7.91B
| $1.65M | ﹤0.01% |
+5,800
| New | +$982K |
|
2766
Simmons First National
SFNC
$3.39B
| $1.65M | ﹤0.01% |
87,120
+67,243
| +338% | +$1.27M |
|
2767
Yum China
YUMC
$15.6B
| $1.65M | ﹤0.01% |
36,838
+25,091
| +214% | +$1.12M |
|
2768
American Coastal Insurance
ACIC
$526M
| $1.64M | ﹤0.01% |
147,199
+97,632
| +197% | +$1.08M |
|
2769
Rocky Brands
RCKY
$322M
| $1.64M | ﹤0.01% |
73,704
+36,270
| +97% | +$691K |
|
2770
CALL
Terex
TEX
$7.84B
| $1.63M | ﹤0.01% |
35,000
+5,000
| +17% | +$209K |
|
2771
PUT
Innodata
INOD
$1.88B
| $1.63M | ﹤0.01% |
31,900
-31,300
| -50% | -$1.23M |
|
|
AVDX
2772
DELISTED
AvidXchange
AVDX
| $1.63M | ﹤0.01% |
166,665
+66,628
| +67% | +$601K |
|
2773
iShares MSCI Australia ETF
EWA
$1.39B
| $1.63M | ﹤0.01% |
61,955
-75,366
| -55% | -$1.88M |
|
2774
CALL
STMicroelectronics
STM
$44.7B
| $1.63M | ﹤0.01% |
53,600
-217,000
| -80% | -$5.38M |
|
|
AAT
2775
American Assets Trust
AAT
$1.48B
| $1.63M | ﹤0.01% |
82,492
-39,905
| -33% | -$776K |
|
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.