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 | |
|---|---|---|---|---|---|---|
3201
PUT
Idaho Strategic Resources
IDR
$438M
| $1.24M | ﹤0.01% |
+36,700
| New | +$866K |
|
3202
Tiptree Inc
TIPT
$694M
| $1.24M | ﹤0.01% |
64,627
+4,007
| +7% | +$89.3K |
|
3203
Stoke Therapeutics
STOK
$1.84B
| $1.24M | ﹤0.01% |
52,613
+21,917
| +71% | +$376K |
|
3204
Sportradar
SRAD
$4.42B
| $1.23M | ﹤0.01% |
45,878
-556,520
| -92% | -$16.5M |
|
|
GEMI
3205
Gemini Space Station
GEMI
$515M
| $1.23M | ﹤0.01% |
+51,500
| New | +$1.33M |
|
3206
Southern Missouri Bancorp
SMBC
$862M
| $1.23M | ﹤0.01% |
23,462
+9,884
| +73% | +$551K |
|
3207
Fidelity National Financial
FNF
$14.4B
| $1.23M | ﹤0.01% |
20,381
-108,273
| -84% | -$6.29M |
|
|
TLN
3208
Talen Energy Corp
TLN
$15.1B
| $1.23M | ﹤0.01% |
2,894
+800
| +38% | +$289K |
|
|
MRC
3209
DELISTED
MRC Global
MRC
| $1.23M | ﹤0.01% |
85,295
-47,584
| -36% | -$677K |
|
3210
Telecom Argentina
TEO
$5.84B
| $1.23M | ﹤0.01% |
168,814
+107,670
| +176% | +$932K |
|
3211
Clover Health Investments
CLOV
$2.23B
| $1.23M | ﹤0.01% |
400,908
+353,949
| +754% | +$1.01M |
|
|
XHR
3212
Xenia Hotels & Resorts
XHR
$2.01B
| $1.23M | ﹤0.01% |
+89,405
| New | +$1.21M |
|
3213
Vitamin Cottage Natural Grocers
NGVC
$760M
| $1.23M | ﹤0.01% |
30,663
+20,747
| +209% | +$801K |
|
|
FISV
3214
PUT
Fiserv Inc
FISV
$29.7B
| $1.22M | ﹤0.01% |
9,500
+5,200
| +121% | +$745K |
|
3215
RLJ Lodging Trust
RLJ
$1.88B
| $1.22M | ﹤0.01% |
+169,887
| New | +$1.28M |
|
|
GRDN
3216
Guardian Pharmacy Services
GRDN
$2.6B
| $1.22M | ﹤0.01% |
+46,548
| New | +$1.11M |
|
|
AAT
3217
American Assets Trust
AAT
$1.46B
| $1.22M | ﹤0.01% |
59,966
-22,526
| -27% | -$454K |
|
|
ONL
3218
Orion Office REIT
ONL
$151M
| $1.21M | ﹤0.01% |
448,869
+17,319
| +4% | +$46.3K |
|
|
3219
CALL
Sportradar
SRAD
$4.42B
| $1.21M | ﹤0.01% |
45,000
-3,900
| -8% | -$116K |
|
|
3220
PUT
Sportradar
SRAD
$4.42B
| $1.21M | ﹤0.01% |
45,000
| – | – |
|
3221
Dream Finders Homes
DFH
$1.41B
| $1.21M | ﹤0.01% |
46,600
+212
| +0.5% | +$5.82K |
|
3222
Gulfport Energy Corp
GPOR
$2.82B
| $1.21M | ﹤0.01% |
6,666
-26,079
| -80% | -$4.54M |
|
3223
Talos Energy
TALO
$2.38B
| $1.21M | ﹤0.01% |
+125,771
| New | +$1.13M |
|
3224
Krystal Biotech
KRYS
$10.7B
| $1.2M | ﹤0.01% |
6,814
-4,913
| -42% | -$735K |
|
3225
CALL
FTAI Aviation
FTAI
$20.2B
| $1.2M | ﹤0.01% |
7,200
-42,500
| -86% | -$6.04M |
|
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.