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 | |
|---|---|---|---|---|---|---|
3251
CALL
Skyworks Solutions
SWKS
$9.29B
| $1.15M | ﹤0.01% |
15,000
-1,500
| -9% | -$112K |
|
3252
Defiance Quantum ETF
QTUM
$4.91B
| $1.15M | ﹤0.01% |
+10,972
| New | +$1.05M |
|
3253
CALL
AB InBev
BUD
$164B
| $1.15M | ﹤0.01% |
19,300
| – | – |
|
|
ECO
3254
Okeanis Eco Tankers
ECO
$2.3B
| $1.15M | ﹤0.01% |
+39,238
| New | +$1.02M |
|
3255
Public Storage
PSA
$61.4B
| $1.15M | ﹤0.01% |
+3,966
| New | +$1.14M |
|
3256
PUT
AstraZeneca
AZN
$268B
| $1.14M | ﹤0.01% |
+7,450
| New | +$1.13M |
|
3257
Bilibili
BILI
$7.75B
| $1.14M | ﹤0.01% |
40,672
-68,824
| -63% | -$1.65M |
|
3258
KeyCorp
KEY
$23.9B
| $1.14M | ﹤0.01% |
60,858
-77,977
| -56% | -$1.44M |
|
3259
Progress Software
PRGS
$1.75B
| $1.14M | ﹤0.01% |
25,892
-160,739
| -86% | -$7.41M |
|
|
EXAS
3260
DELISTED
Exact Sciences
EXAS
| $1.14M | ﹤0.01% |
20,763
-48,231
| -70% | -$2.41M |
|
3261
CALL
Comstock Resources
CRK
$3.7B
| $1.13M | ﹤0.01% |
57,100
| – | – |
|
|
ARI
3262
Apollo Commercial Real Estate
ARI
$863M
| $1.13M | ﹤0.01% |
111,562
-105,108
| -49% | -$1.07M |
|
3263
Intuitive Machines
LUNR
$1.82B
| $1.13M | ﹤0.01% |
107,015
-3,143,074
| -97% | -$31.9M |
|
3264
Crescent Capital BDC
CCAP
$405M
| $1.12M | ﹤0.01% |
+78,884
| New | +$1.18M |
|
3265
Commercial Vehicle Group
CVGI
$148M
| $1.12M | ﹤0.01% |
660,550
-46,350
| -7% | -$84.7K |
|
3266
Universal Insurance Holdings
UVE
$1.25B
| $1.12M | ﹤0.01% |
42,676
-157,655
| -79% | -$3.89M |
|
3267
CALL
CF Industries
CF
$19.6B
| $1.12M | ﹤0.01% |
12,500
+8,900
| +247% | +$793K |
|
3268
Advanced Energy
AEIS
$10.1B
| $1.11M | ﹤0.01% |
6,553
-37,123
| -85% | -$5.59M |
|
3269
Photronics
PLAB
$1.65B
| $1.11M | ﹤0.01% |
48,550
-179,126
| -79% | -$3.83M |
|
3270
Mitek Systems
MITK
$755M
| $1.11M | ﹤0.01% |
113,862
+102,402
| +894% | +$1.01M |
|
3271
CALL
Intercontinental Exchange
ICE
$87.4B
| $1.11M | ﹤0.01% |
6,600
| – | – |
|
3272
Paymentus
PAY
$4.61B
| $1.11M | ﹤0.01% |
36,285
+16,093
| +80% | +$532K |
|
3273
Arcturus Therapeutics
ARCT
$163M
| $1.11M | ﹤0.01% |
60,213
+49,776
| +477% | +$800K |
|
3274
PUT
Argan
AGX
$6.91B
| $1.11M | ﹤0.01% |
4,100
-1,200
| -23% | -$275K |
|
3275
CALL
Vail Resorts
MTN
$5.69B
| $1.11M | ﹤0.01% |
+7,400
| New | +$1.15M |
|
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.