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 | |
|---|---|---|---|---|---|---|
3226
CALL
Jabil
JBL
$30.1B
| $1.19M | ﹤0.01% |
+5,500
| New | +$1.2M |
|
|
NLOP
3227
Net Lease Office Properties
NLOP
$175M
| $1.19M | ﹤0.01% |
40,229
-38,125
| -49% | -$1.2M |
|
|
WYFI
3228
WhiteFiber Inc
WYFI
$795M
| $1.19M | ﹤0.01% |
+43,882
| New | +$857K |
|
3229
Cerence
CRNC
$359M
| $1.19M | ﹤0.01% |
95,568
-379,661
| -80% | -$3.89M |
|
3230
CALL
KB Home
KBH
$3.5B
| $1.19M | ﹤0.01% |
18,700
-1,400
| -7% | -$84.7K |
|
|
BRSP
3231
BrightSpire Capital
BRSP
$651M
| $1.19M | ﹤0.01% |
219,070
+965
| +0.4% | +$5.25K |
|
3232
iShares MSCI Israel ETF
EIS
$863M
| $1.18M | ﹤0.01% |
+11,805
| New | +$1.11M |
|
3233
CALL
Lowe's Companies
LOW
$121B
| $1.18M | ﹤0.01% |
4,700
-83,100
| -95% | -$20.4M |
|
3234
PUT
VF Corp
VFC
$5.92B
| $1.18M | ﹤0.01% |
81,800
+32,500
| +66% | +$437K |
|
3235
CALL
AMC Entertainment Holdings
AMC
$2.45B
| $1.18M | ﹤0.01% |
406,600
| – | – |
|
3236
Radware
RDWR
$983M
| $1.18M | ﹤0.01% |
44,414
-86,515
| -66% | -$2.31M |
|
3237
CALL
United Therapeutics
UTHR
$26.1B
| $1.17M | ﹤0.01% |
+2,800
| New | +$942K |
|
3238
CALL
State Street
STT
$48.4B
| $1.17M | ﹤0.01% |
10,100
-48,200
| -83% | -$5.38M |
|
3239
Forrester Research
FORR
$199M
| $1.17M | ﹤0.01% |
110,376
+16,885
| +18% | +$171K |
|
|
3240
CALL
Cerence
CRNC
$359M
| $1.17M | ﹤0.01% |
+93,800
| New | +$961K |
|
|
MPT
3241
PUT
Medical Properties Trust
MPT
$2.84B
| $1.17M | ﹤0.01% |
230,000
-16,300
| -7% | -$71.8K |
|
|
BWIN
3242
Baldwin Insurance Group
BWIN
$2.75B
| $1.17M | ﹤0.01% |
41,319
-207,897
| -83% | -$7.22M |
|
3243
PUT
SiriusXM
SIRI
$11B
| $1.16M | ﹤0.01% |
50,000
-65,000
| -57% | -$1.5M |
|
3244
PUT
Canadian Solar
CSIQ
$932M
| $1.16M | ﹤0.01% |
89,200
-77,400
| -46% | -$926K |
|
3245
PUT
Doximity
DOCS
$3.89B
| $1.16M | ﹤0.01% |
+15,900
| New | +$1.04M |
|
3246
iShares MSCI Brazil Small-Cap ETF
EWZS
$228M
| $1.16M | ﹤0.01% |
83,646
-23,172
| -22% | -$300K |
|
3247
Atlanta Braves Holdings Series A
BATRA
$3.51B
| $1.16M | ﹤0.01% |
25,560
+6,684
| +35% | +$316K |
|
3248
Zai Lab
ZLAB
$2.07B
| $1.16M | ﹤0.01% |
34,290
-245,371
| -88% | -$8.45M |
|
3249
CALL
PENN Entertainment
PENN
$2.84B
| $1.16M | ﹤0.01% |
60,300
| – | – |
|
3250
EnerSys
ENS
$6.43B
| $1.16M | ﹤0.01% |
10,267
-41,724
| -80% | -$4.1M |
|
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.