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 | |
|---|---|---|---|---|---|---|
2951
Asbury Automotive
ABG
$4.62B
| $1.75M | ﹤0.01% |
7,154
+6,254
| +695% | +$1.52M |
|
2952
Designer Brands
DBI
$315M
| $1.74M | ﹤0.01% |
492,218
+60,005
| +14% | +$207K |
|
|
HSII
2953
DELISTED
Heidrick & Struggles
HSII
| $1.74M | ﹤0.01% |
34,999
+1,925
| +6% | +$92.8K |
|
2954
ZTO Express
ZTO
$18.2B
| $1.74M | ﹤0.01% |
+90,683
| New | +$1.74M |
|
2955
PUT
Lennar Class A
LEN
$20.4B
| $1.74M | ﹤0.01% |
13,800
+500
| +4% | +$62.1K |
|
|
FLG
2956
PUT
Flagstar Bank National Association
FLG
$5.87B
| $1.73M | ﹤0.01% |
+150,000
| New | +$1.78M |
|
2957
Atmos Energy
ATO
$29.7B
| $1.73M | ﹤0.01% |
10,146
-22,487
| -69% | -$3.63M |
|
2958
CALL
Domo
DOMO
$171M
| $1.73M | ﹤0.01% |
109,200
+75,300
| +222% | +$1.17M |
|
2959
PUT
Kadant
KAI
$3.58B
| $1.73M | ﹤0.01% |
5,800
| – | – |
|
|
QSEA
2960
Quartzsea Acquisition Corp
QSEA
$108M
| $1.73M | ﹤0.01% |
170,012
| – | – |
|
2961
indie Semiconductor
INDI
$636M
| $1.72M | ﹤0.01% |
+423,286
| New | +$1.74M |
|
2962
SouthState Bank Corp
SSB
$10.3B
| $1.72M | ﹤0.01% |
17,410
-276,959
| -94% | -$27.2M |
|
2963
PUT
Eastman Chemical
EMN
$7.69B
| $1.71M | ﹤0.01% |
+27,200
| New | +$1.9M |
|
2964
CALL
Williams Companies
WMB
$85.8B
| $1.71M | ﹤0.01% |
27,000
+10,000
| +59% | +$587K |
|
2965
CALL
Camping World
CWH
$384M
| $1.71M | ﹤0.01% |
+108,100
| New | +$1.85M |
|
2966
Procore
PCOR
$7.57B
| $1.7M | ﹤0.01% |
+23,299
| New | +$1.63M |
|
|
NVMI
2967
CALL
Nova
NVMI
$11.7B
| $1.69M | ﹤0.01% |
+5,300
| New | +$1.46M |
|
2968
Replimune Group
REPL
$455M
| $1.69M | ﹤0.01% |
403,495
-103,101
| -20% | -$659K |
|
2969
Maplebear
CART
$10.7B
| $1.69M | ﹤0.01% |
45,973
-35,117
| -43% | -$1.62M |
|
2970
CALL
Cummins
CMI
$83.6B
| $1.69M | ﹤0.01% |
4,000
| – | – |
|
2971
El Pollo Loco
LOCO
$503M
| $1.69M | ﹤0.01% |
174,137
+15,341
| +10% | +$161K |
|
2972
ARK Space & Defense Innovation ETF
ARKX
$765M
| $1.69M | ﹤0.01% |
+59,156
| New | +$1.55M |
|
2973
CALL
Howmet Aerospace
HWM
$109B
| $1.69M | ﹤0.01% |
+8,600
| New | +$1.57M |
|
|
STRZ
2974
Starz Entertainment Corp
STRZ
$439M
| $1.68M | ﹤0.01% |
114,306
-20,413
| -15% | -$297K |
|
2975
PUT
Mattel
MAT
$4.47B
| $1.68M | ﹤0.01% |
+100,000
| New | +$1.82M |
|
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.