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 | |
|---|---|---|---|---|---|---|
2751
Teladoc Health
TDOC
$1.66B
| $2.28M | ﹤0.01% |
294,436
+153,224
| +109% | +$1.2M |
|
2752
Liberty Latin America Class A
LILA
$1.72B
| $2.28M | ﹤0.01% |
404,007
+178,040
| +79% | +$891K |
|
|
BLDP
2753
Ballard Power Systems
BLDP
$754M
| $2.27M | ﹤0.01% |
835,782
-957,541
| -53% | -$1.96M |
|
|
STKL
2754
DELISTED
SunOpta
STKL
| $2.27M | ﹤0.01% |
386,943
+301,206
| +351% | +$1.87M |
|
2755
CALL
Hershey
HSY
$37.3B
| $2.26M | ﹤0.01% |
12,100
-15,700
| -56% | -$2.85M |
|
2756
PUT
Teck Resources
TECK
$28.2B
| $2.26M | ﹤0.01% |
51,400
+32,000
| +165% | +$1.16M |
|
2757
CALL
SL Green Realty
SLG
$3.83B
| $2.25M | ﹤0.01% |
37,700
+11,000
| +41% | +$651K |
|
|
TBRG
2758
DELISTED
TruBridge
TBRG
| $2.25M | ﹤0.01% |
111,631
-58,975
| -35% | -$1.24M |
|
|
TSSI
2759
CALL
TSS Inc
TSSI
$243M
| $2.25M | ﹤0.01% |
+124,000
| New | +$2.48M |
|
2760
Quanta Services
PWR
$84.2B
| $2.25M | ﹤0.01% |
5,418
-300
| -5% | -$117K |
|
2761
CALL
Sprouts Farmers Market
SFM
$7.44B
| $2.24M | ﹤0.01% |
20,600
-13,500
| -40% | -$1.96M |
|
2762
Babcock & Wilcox
BW
$1.18B
| $2.24M | ﹤0.01% |
772,100
| – | – |
|
2763
Ribbon Communications
RBBN
$386M
| $2.24M | ﹤0.01% |
588,892
+172,205
| +41% | +$677K |
|
2764
Covenant Logistics
CVLG
$1.04B
| $2.24M | ﹤0.01% |
103,266
+25,395
| +33% | +$607K |
|
2765
CALL
Ondas Inc
ONDS
$3.87B
| $2.24M | ﹤0.01% |
+289,700
| New | +$1.2M |
|
2766
CALL
Global Payments
GPN
$24.1B
| $2.23M | ﹤0.01% |
26,900
-37,900
| -58% | -$3.19M |
|
2767
Sonoco
SON
$5.83B
| $2.23M | ﹤0.01% |
51,831
-45,816
| -47% | -$2.12M |
|
2768
CALL
Kadant
KAI
$3.58B
| $2.23M | ﹤0.01% |
7,500
| – | – |
|
2769
CALL
Alpha Metallurgical Resources
AMR
$1.77B
| $2.23M | ﹤0.01% |
13,600
-2,500
| -16% | -$347K |
|
2770
PUT
T-Mobile US
TMUS
$195B
| $2.23M | ﹤0.01% |
9,300
-100
| -1% | -$24.2K |
|
2771
FIGS
FIGS
$1.76B
| $2.23M | ﹤0.01% |
+332,637
| New | +$2.19M |
|
|
SRDX
2772
DELISTED
Surmodics
SRDX
| $2.22M | ﹤0.01% |
74,422
-29,483
| -28% | -$984K |
|
2773
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.81B
| $2.22M | ﹤0.01% |
19,929
+13,373
| +204% | +$1.32M |
|
|
WCC
2774
WESCO International
WCC
$15.1B
| $2.22M | ﹤0.01% |
10,492
+6,898
| +192% | +$1.45M |
|
2775
Core Laboratories
CLB
$455M
| $2.22M | ﹤0.01% |
179,380
+148,642
| +484% | +$1.74M |
|
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.