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 | |
|---|---|---|---|---|---|---|
|
AEVA
2826
CALL
Aeva Technologies
AEVA
$956M
| $2.1M | ﹤0.01% |
144,500
-200
| -0.1% | -$3.79K |
|
2827
Smith & Nephew
SNN
$13.7B
| $2.09M | ﹤0.01% |
57,616
+2,808
| +5% | +$96.9K |
|
|
LCCC
2828
Lakeshore Acquisition III Corp
LCCC
$93.3M
| $2.09M | ﹤0.01% |
+207,000
| New | +$2.08M |
|
2829
Ingevity
NGVT
$2.46B
| $2.09M | ﹤0.01% |
37,814
+31,674
| +516% | +$1.65M |
|
2830
Guardant Health
GH
$19.1B
| $2.08M | ﹤0.01% |
+33,347
| New | +$1.81M |
|
|
PPL
2831
CALL
PPL Corp
PPL
$26.9B
| $2.08M | ﹤0.01% |
+56,000
| New | +$2.01M |
|
2832
iShares MSCI Sweden ETF
EWD
$534M
| $2.08M | ﹤0.01% |
44,060
-6,234
| -12% | -$287K |
|
2833
PUT
Colgate-Palmolive
CL
$74.8B
| $2.08M | ﹤0.01% |
+26,000
| New | +$2.22M |
|
2834
Kaspi.kz JSC
KSPI
$16.6B
| $2.08M | ﹤0.01% |
25,440
+12,098
| +91% | +$1.06M |
|
2835
Dropbox
DBX
$7.78B
| $2.08M | ﹤0.01% |
68,760
-54,654
| -44% | -$1.56M |
|
2836
CALL
Alamos Gold
AGI
$12B
| $2.07M | ﹤0.01% |
59,500
+21,600
| +57% | +$617K |
|
|
CPRX
2837
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.07M | ﹤0.01% |
105,121
+31,149
| +42% | +$641K |
|
2838
PUT
Alaska Air
ALK
$5.11B
| $2.07M | ﹤0.01% |
41,600
-42,300
| -50% | -$2.35M |
|
2839
Galicia Financial Group
GGAL
$7.89B
| $2.07M | ﹤0.01% |
+75,050
| New | +$3.22M |
|
|
TAVI
2840
Tavia Acquisition Corp
TAVI
$170M
| $2.07M | ﹤0.01% |
200,000
| – | – |
|
2841
Forestar Group
FOR
$1.48B
| $2.06M | ﹤0.01% |
77,577
-44,694
| -37% | -$1.15M |
|
2842
PUT
Viasat
VSAT
$9.67B
| $2.06M | ﹤0.01% |
70,400
-77,600
| -52% | -$1.86M |
|
|
FPI
2843
Farmland Partners
FPI
$415M
| $2.06M | ﹤0.01% |
189,572
+821
| +0.4% | +$8.99K |
|
2844
PUT
Edison International
EIX
$30.3B
| $2.06M | ﹤0.01% |
+37,200
| New | +$2.01M |
|
|
IPEX
2845
Inflection Point Acquisition Corp V
IPEX
$126M
| $2.06M | ﹤0.01% |
200,000
| – | – |
|
2846
The Honest Company
HNST
$412M
| $2.06M | ﹤0.01% |
558,693
-645,625
| -54% | -$2.74M |
|
|
PTRN
2847
Pattern Group Inc
PTRN
$4.07B
| $2.06M | ﹤0.01% |
+150,000
| New | +$2.09M |
|
2848
Algoma Steel
ASTL
$450M
| $2.05M | ﹤0.01% |
+578,460
| New | +$3.07M |
|
2849
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$736M
| $2.05M | ﹤0.01% |
49,835
-29,100
| -37% | -$1.18M |
|
2850
Digimarc Corp
DMRC
$143M
| $2.05M | ﹤0.01% |
210,102
+70,730
| +51% | +$763K |
|
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.