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 | |
|---|---|---|---|---|---|---|
3401
PrimeEnergy Resources
PNRG
$301M
| $904K | ﹤0.01% |
+5,412
| New | +$879K |
|
3402
Sprinklr
CXM
$1.5B
| $904K | ﹤0.01% |
117,050
+17,695
| +18% | +$149K |
|
3403
CALL
BWX Technologies
BWXT
$15.2B
| $903K | ﹤0.01% |
+4,900
| New | +$788K |
|
3404
CALL
Brighthouse Financial
BHF
$3.67B
| $902K | ﹤0.01% |
+17,000
| New | +$830K |
|
3405
Lattice Semiconductor
LSCC
$16.7B
| $902K | ﹤0.01% |
12,303
-4,046
| -25% | -$246K |
|
3406
Vicor
VICR
$8.66B
| $901K | ﹤0.01% |
18,128
-10,282
| -36% | -$501K |
|
|
EOSEW
3407
DELISTED
Eos Energy Enterprises Warrant
EOSEW
| $895K | ﹤0.01% |
499,827
| – | – |
|
3408
CALL
Crescent Energy
CRGY
$3.54B
| $895K | ﹤0.01% |
100,300
| – | – |
|
3409
Idaho Strategic Resources
IDR
$440M
| $893K | ﹤0.01% |
+26,436
| New | +$624K |
|
3410
Gorman-Rupp
GRC
$2.17B
| $891K | ﹤0.01% |
19,196
-2,594
| -12% | -$108K |
|
3411
iShares MSCI UAE ETF
UAE
$308M
| $889K | ﹤0.01% |
47,076
+35,049
| +291% | +$685K |
|
3412
CALL
Align Technology
ALGN
$13B
| $889K | ﹤0.01% |
7,100
+5,000
| +238% | +$783K |
|
3413
Jakks Pacific
JAKK
$295M
| $889K | ﹤0.01% |
47,448
-2,871
| -6% | -$52.8K |
|
3414
CALL
WIX.com
WIX
$2.47B
| $888K | ﹤0.01% |
+5,000
| New | +$752K |
|
|
ETNB
3415
DELISTED
89bio
ETNB
| $885K | ﹤0.01% |
+60,208
| New | +$614K |
|
3416
Nabors Industries
NBR
$1.15B
| $880K | ﹤0.01% |
21,524
-12,250
| -36% | -$436K |
|
|
GAMB
3417
DELISTED
Gambling.com
GAMB
| $877K | ﹤0.01% |
107,237
+55,617
| +108% | +$538K |
|
3418
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.38B
| $876K | ﹤0.01% |
25,200
+9,849
| +64% | +$335K |
|
3419
State Street SPDR S&P Insurance ETF
KIE
$664M
| $876K | ﹤0.01% |
14,759
-40,182
| -73% | -$2.33M |
|
3420
iShares Russell 2500 ETF
SMMD
$3.57B
| $873K | ﹤0.01% |
11,853
| – | – |
|
3421
CALL
Kraft Heinz
KHC
$32.7B
| $870K | ﹤0.01% |
+33,400
| New | +$907K |
|
3422
NextDecade
NEXT
$1.72B
| $869K | ﹤0.01% |
128,042
-417,305
| -77% | -$4.04M |
|
3423
Arbor Realty Trust
ABR
$987M
| $865K | ﹤0.01% |
+70,814
| New | +$824K |
|
3424
PDF Solutions
PDFS
$1.84B
| $864K | ﹤0.01% |
33,468
-139,393
| -81% | -$3.04M |
|
3425
Arbutus Biopharma
ABUS
$869M
| $862K | ﹤0.01% |
189,952
+149,252
| +367% | +$548K |
|
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.