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 | |
|---|---|---|---|---|---|---|
|
ALEX
2976
DELISTED
Alexander & Baldwin
ALEX
| $1.68M | ﹤0.01% |
92,361
-77,761
| -46% | -$1.43M |
|
2977
PUT
Planet Labs
PL
$6.94B
| $1.67M | ﹤0.01% |
+129,000
| New | +$995K |
|
2978
CarGurus
CARG
$3.34B
| $1.67M | ﹤0.01% |
44,922
-252,607
| -85% | -$8.63M |
|
2979
ESCO Technologies
ESE
$7.77B
| $1.67M | ﹤0.01% |
7,913
-6,922
| -47% | -$1.37M |
|
2980
California Water Service
CWT
$3.1B
| $1.67M | ﹤0.01% |
36,358
+30,212
| +492% | +$1.39M |
|
2981
CALL
Peloton Interactive
PTON
$2.85B
| $1.67M | ﹤0.01% |
+185,200
| New | +$1.38M |
|
2982
PUT
Bath & Body Works
BBWI
$3.97B
| $1.67M | ﹤0.01% |
64,700
-44,400
| -41% | -$1.32M |
|
2983
PUT
Grab
GRAB
$13.7B
| $1.66M | ﹤0.01% |
+275,000
| New | +$1.46M |
|
2984
Marcus & Millichap
MMI
$1.2B
| $1.66M | ﹤0.01% |
56,397
-15,354
| -21% | -$482K |
|
2985
PUT
Huntsman Corp
HUN
$2.1B
| $1.65M | ﹤0.01% |
183,900
+101,300
| +123% | +$1.06M |
|
|
ACB
2986
Aurora Cannabis
ACB
$169M
| $1.65M | ﹤0.01% |
+276,574
| New | +$1.35M |
|
2987
Burke & Herbert Financial Services Corp
BHRB
$1.48B
| $1.65M | ﹤0.01% |
26,732
-9,783
| -27% | -$605K |
|
2988
Anika Therapeutics
ANIK
$215M
| $1.65M | ﹤0.01% |
175,315
+51,236
| +41% | +$489K |
|
2989
BW LPG
BWLP
$3.32B
| $1.65M | ﹤0.01% |
+115,350
| New | +$1.67M |
|
|
HUT
2990
PUT
Hut 8
HUT
$9.93B
| $1.65M | ﹤0.01% |
+47,300
| New | +$1.2M |
|
2991
CALL
Disc Medicine
IRON
$2.81B
| $1.65M | ﹤0.01% |
+24,900
| New | +$1.48M |
|
2992
Stepan Co
SCL
$1.5B
| $1.64M | ﹤0.01% |
34,473
+9,376
| +37% | +$486K |
|
2993
Horizon Bancorp
HBNC
$1.06B
| $1.64M | ﹤0.01% |
102,634
+47,091
| +85% | +$754K |
|
|
GRID
2994
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$10.8B
| $1.64M | ﹤0.01% |
10,873
-4,812
| -31% | -$692K |
|
|
GTLS
2995
PUT
DELISTED
Chart Industries
GTLS
| $1.64M | ﹤0.01% |
8,200
| – | – |
|
|
NESR
2996
National Energy Services Reunited Corp
NESR
$2.46B
| $1.64M | ﹤0.01% |
+159,949
| New | +$1.28M |
|
2997
State Street SPDR S&P Aerospace & Defense ETF
XAR
$5.78B
| $1.64M | ﹤0.01% |
6,975
-4,819
| -41% | -$1.05M |
|
2998
EVgo
EVGO
$219M
| $1.64M | ﹤0.01% |
346,430
-1,117,091
| -76% | -$4.33M |
|
|
AMWD
2999
DELISTED
American Woodmark
AMWD
| $1.64M | ﹤0.01% |
24,519
-31,438
| -56% | -$1.93M |
|
3000
Lindsay Corp
LNN
$1.14B
| $1.63M | ﹤0.01% |
11,623
-500
| -4% | -$69.6K |
|
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.