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 | |
|---|---|---|---|---|---|---|
3376
Hafnia
HAFN
$3.77B
| $933K | ﹤0.01% |
+155,678
| New | +$891K |
|
3377
CALL
Murphy USA
MUSA
$11.5B
| $932K | ﹤0.01% |
+2,400
| New | +$950K |
|
3378
Illumina
ILMN
$29.7B
| $929K | ﹤0.01% |
9,784
-8,048
| -45% | -$798K |
|
3379
MarineMax
HZO
$784M
| $928K | ﹤0.01% |
36,653
-20,014
| -35% | -$510K |
|
3380
ZIM Integrated Shipping Services
ZIM
$2.93B
| $928K | ﹤0.01% |
68,489
-559,909
| -89% | -$8.5M |
|
3381
Bio-Rad Laboratories Class A
BIO
$9B
| $925K | ﹤0.01% |
3,300
| – | – |
|
3382
CALL
Microchip Technology
MCHP
$40.5B
| $925K | ﹤0.01% |
14,400
-24,400
| -63% | -$1.65M |
|
3383
PUT
Quanex
NX
$859M
| $924K | ﹤0.01% |
+65,000
| New | +$1.22M |
|
3384
First Financial Bancorp
FFBC
$3.55B
| $921K | ﹤0.01% |
36,481
-26,319
| -42% | -$667K |
|
3385
Jacobs Solutions
J
$16.4B
| $919K | ﹤0.01% |
6,135
-4,027
| -40% | -$579K |
|
3386
PUT
Celanese
CE
$4.8B
| $917K | ﹤0.01% |
+21,800
| New | +$1.09M |
|
3387
CALL
Fortuna Silver Mines
FSM
$2.5B
| $917K | ﹤0.01% |
102,300
| – | – |
|
3388
Boyd Gaming
BYD
$6.76B
| $916K | ﹤0.01% |
+10,600
| New | +$890K |
|
3389
Immunovant
IMVT
$7.97B
| $914K | ﹤0.01% |
56,700
-3,118
| -5% | -$50.5K |
|
3390
Capital Group Global Growth Equity ETF
CGGO
$11.2B
| $912K | ﹤0.01% |
26,691
+9,900
| +59% | +$324K |
|
3391
New Jersey Resources
NJR
$6.07B
| $912K | ﹤0.01% |
18,935
-56,780
| -75% | -$2.65M |
|
|
PSTL
3392
Postal Realty Trust
PSTL
$714M
| $911K | ﹤0.01% |
58,091
+24,133
| +71% | +$365K |
|
|
IRBT
3393
CALL
DELISTED
iRobot
IRBT
| $911K | ﹤0.01% |
253,800
+16,700
| +7% | +$64.6K |
|
3394
CG Oncology
CGON
$6.38B
| $911K | ﹤0.01% |
22,615
+12,115
| +115% | +$352K |
|
3395
PUT
Chemours
CC
$2.53B
| $911K | ﹤0.01% |
57,500
+26,800
| +87% | +$389K |
|
|
GOLD
3396
Gold.com Inc
GOLD
$1.18B
| $909K | ﹤0.01% |
+35,154
| New | +$832K |
|
3397
Orion Group Holdings
ORN
$409M
| $909K | ﹤0.01% |
109,286
+94,571
| +643% | +$746K |
|
3398
WSFS Financial
WSFS
$4.21B
| $908K | ﹤0.01% |
16,831
+3,061
| +22% | +$173K |
|
3399
Iridium Communications
IRDM
$4.78B
| $906K | ﹤0.01% |
51,862
+15,849
| +44% | +$392K |
|
|
GOLD
3400
PUT
Gold.com Inc
GOLD
$1.18B
| $905K | ﹤0.01% |
+35,000
| New | +$828K |
|
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.