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 | |
|---|---|---|---|---|---|---|
|
SEZL
3001
CALL
Sezzle
SEZL
$5.13B
| $1.63M | ﹤0.01% |
20,500
+15,500
| +310% | +$1.78M |
|
3002
PUT
Progressive
PGR
$128B
| $1.63M | ﹤0.01% |
+6,600
| New | +$1.63M |
|
3003
CALL
Blackstone Mortgage Trust
BXMT
$2.77B
| $1.63M | ﹤0.01% |
88,300
| – | – |
|
|
VTYX
3004
DELISTED
Ventyx Biosciences
VTYX
| $1.63M | ﹤0.01% |
522,688
+473,756
| +968% | +$1.26M |
|
3005
PUT
Kroger
KR
$36.7B
| $1.62M | ﹤0.01% |
24,100
+8,000
| +50% | +$557K |
|
3006
RPC Inc
RES
$1.13B
| $1.62M | ﹤0.01% |
340,900
+258,942
| +316% | +$1.22M |
|
3007
Select Water Solutions
WTTR
$2.22B
| $1.62M | ﹤0.01% |
151,783
+4,338
| +3% | +$39.6K |
|
3008
PUT
Teladoc Health
TDOC
$1.66B
| $1.62M | ﹤0.01% |
209,900
| – | – |
|
|
ORLA
3009
CALL
Orla Mining
ORLA
$3.36B
| $1.62M | ﹤0.01% |
150,000
+50,000
| +50% | +$536K |
|
3010
CALL
Dollar Tree
DLTR
$24.8B
| $1.61M | ﹤0.01% |
17,100
| – | – |
|
3011
CALL
Mondelez International
MDLZ
$83.4B
| $1.61M | ﹤0.01% |
+25,800
| New | +$1.66M |
|
3012
PUT
Sarepta Therapeutics
SRPT
$1.64B
| $1.61M | ﹤0.01% |
83,600
-2,900
| -3% | -$51.7K |
|
3013
CALL
Royal Gold
RGLD
$16.6B
| $1.6M | ﹤0.01% |
+8,000
| New | +$1.38M |
|
3014
CALL
Procore
PCOR
$7.57B
| $1.6M | ﹤0.01% |
22,000
+7,600
| +53% | +$531K |
|
|
GRP.U
3015
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $1.6M | ﹤0.01% |
28,868
+2,800
| +11% | +$154K |
|
|
PONY
3016
CALL
Pony AI Inc
PONY
$3.33B
| $1.6M | ﹤0.01% |
+71,200
| New | +$1.08M |
|
3017
CALL
Ralph Lauren
RL
$22.4B
| $1.6M | ﹤0.01% |
5,100
-1,600
| -24% | -$477K |
|
3018
CALL
Carlyle Group
CG
$16.1B
| $1.6M | ﹤0.01% |
25,500
-137,500
| -84% | -$8.59M |
|
3019
Bio-Techne
TECH
$11.2B
| $1.6M | ﹤0.01% |
28,739
-15,852
| -36% | -$849K |
|
3020
Lincoln National
LNC
$7.92B
| $1.6M | ﹤0.01% |
39,558
+13,672
| +53% | +$529K |
|
3021
Hackett Group
HCKT
$281M
| $1.6M | ﹤0.01% |
83,916
+68,501
| +444% | +$1.5M |
|
|
SEE
3022
PUT
DELISTED
Sealed Air
SEE
| $1.59M | ﹤0.01% |
45,100
| – | – |
|
3023
Malibu Boats
MBUU
$548M
| $1.59M | ﹤0.01% |
49,093
+5,347
| +12% | +$183K |
|
3024
The Joint Corp
JYNT
$119M
| $1.59M | ﹤0.01% |
166,789
-41,787
| -20% | -$453K |
|
3025
Corporacion America
CAAP
$4.17B
| $1.59M | ﹤0.01% |
+87,807
| New | +$1.77M |
|
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.