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 | |
|---|---|---|---|---|---|---|
|
SEI
3126
CALL
Solaris Energy Infrastructure
SEI
$2.66B
| $1.36M | ﹤0.01% |
34,100
+23,400
| +219% | +$732K |
|
|
DENN
3127
DELISTED
Denny's
DENN
| $1.36M | ﹤0.01% |
260,283
-146,246
| -36% | -$649K |
|
3128
CALL
Dine Brands
DIN
$462M
| $1.36M | ﹤0.01% |
+55,000
| New | +$1.29M |
|
3129
Altimmune
ALT
$568M
| $1.36M | ﹤0.01% |
360,395
+309,137
| +603% | +$1.19M |
|
3130
CALL
Alignment Healthcare
ALHC
$3.78B
| $1.36M | ﹤0.01% |
+77,800
| New | +$1.15M |
|
3131
CALL
Beam Therapeutics
BEAM
$2.68B
| $1.36M | ﹤0.01% |
+55,900
| New | +$1.11M |
|
3132
Vestis
VSTS
$1.97B
| $1.36M | ﹤0.01% |
299,374
-417,596
| -58% | -$2.14M |
|
3133
AirSculpt Technologies
AIRS
$308M
| $1.35M | ﹤0.01% |
+168,943
| New | +$1.05M |
|
3134
Lands' End
LE
$378M
| $1.35M | ﹤0.01% |
96,039
+4,759
| +5% | +$63.4K |
|
3135
PUT
NRG Energy
NRG
$26.2B
| $1.34M | ﹤0.01% |
8,300
-41,400
| -83% | -$6.45M |
|
3136
PUT
Caleres
CAL
$432M
| $1.34M | ﹤0.01% |
103,000
+45,900
| +80% | +$665K |
|
3137
PUT
Cognizant
CTSH
$26.5B
| $1.34M | ﹤0.01% |
20,000
| – | – |
|
3138
STAG Industrial
STAG
$7.44B
| $1.34M | ﹤0.01% |
+37,969
| New | +$1.35M |
|
|
CIO
3139
DELISTED
City Office REIT
CIO
| $1.34M | ﹤0.01% |
192,358
-154,649
| -45% | -$1.02M |
|
3140
Monolithic Power Systems
MPWR
$61.4B
| $1.34M | ﹤0.01% |
1,454
-3,973
| -73% | -$3.22M |
|
3141
Mistras Group
MG
$477M
| $1.34M | ﹤0.01% |
135,797
+22,004
| +19% | +$196K |
|
3142
CALL
Oneok
OKE
$56.7B
| $1.34M | ﹤0.01% |
18,300
+1,700
| +10% | +$130K |
|
3143
JPMorgan Active Growth ETF
JGRO
$9.01B
| $1.33M | ﹤0.01% |
14,207
-16,270
| -53% | -$1.45M |
|
3144
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$148M
| $1.33M | ﹤0.01% |
+44,270
| New | +$1.2M |
|
3145
CALL
Byrna Technologies
BYRN
$98.3M
| $1.33M | ﹤0.01% |
60,000
+30,000
| +100% | +$666K |
|
3146
Invesco S&P 500 Low Volatility ETF
SPLV
$7.24B
| $1.33M | ﹤0.01% |
18,091
-31,508
| -64% | -$2.3M |
|
|
FSP
3147
Franklin Street Properties
FSP
$49.8M
| $1.33M | ﹤0.01% |
830,083
+214,970
| +35% | +$356K |
|
3148
Savara
SVRA
$1.08B
| $1.33M | ﹤0.01% |
372,025
+292,312
| +367% | +$864K |
|
3149
Universal Display
OLED
$3.75B
| $1.33M | ﹤0.01% |
9,237
-3,784
| -29% | -$550K |
|
3150
Lionsgate Studios
LION
$3.8B
| $1.33M | ﹤0.01% |
192,137
-1,098,968
| -85% | -$7.07M |
|
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.