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 | |
|---|---|---|---|---|---|---|
3426
CALL
RingCentral
RNG
$4.77B
| $862K | ﹤0.01% |
30,400
+11,600
| +62% | +$338K |
|
3427
Funko
FNKO
$355M
| $861K | ﹤0.01% |
250,171
+220,875
| +754% | +$820K |
|
3428
Janus International
JBI
$732M
| $860K | ﹤0.01% |
87,113
-78,629
| -47% | -$758K |
|
3429
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$783M
| $859K | ﹤0.01% |
+31,400
| New | +$660K |
|
3430
PUT
Shift4
FOUR
$4.35B
| $859K | ﹤0.01% |
+11,100
| New | +$1.03M |
|
3431
CALL
FMC
FMC
$1.37B
| $858K | ﹤0.01% |
+25,500
| New | +$995K |
|
3432
John Wiley & Sons Class A
WLY
$2.76B
| $854K | ﹤0.01% |
21,091
+2,040
| +11% | +$82.4K |
|
3433
Vodafone
VOD
$37.7B
| $853K | ﹤0.01% |
73,577
+62,204
| +547% | +$710K |
|
3434
PUT
Americold
COLD
$4.17B
| $851K | ﹤0.01% |
+69,500
| New | +$1.04M |
|
3435
PUT
Tandem Diabetes Care
TNDM
$1.22B
| $850K | ﹤0.01% |
+70,000
| New | +$948K |
|
3436
Root
ROOT
$972M
| $849K | ﹤0.01% |
9,484
-50,708
| -84% | -$5.31M |
|
3437
PUT
Capri Holdings
CPRI
$1.88B
| $849K | ﹤0.01% |
42,600
+6,400
| +18% | +$128K |
|
3438
CALL
Olin
OLN
$2.44B
| $847K | ﹤0.01% |
33,900
-32,700
| -49% | -$726K |
|
3439
ICICI Bank
IBN
$109B
| $843K | ﹤0.01% |
27,900
-1,377,802
| -98% | -$45M |
|
3440
CALL
Uranium Energy
UEC
$4.67B
| $842K | ﹤0.01% |
+63,100
| New | +$631K |
|
3441
PUT
Ambarella
AMBA
$3.03B
| $842K | ﹤0.01% |
10,200
-5,500
| -35% | -$399K |
|
|
BRSL
3442
Brightstar Lottery PLC
BRSL
$1.92B
| $841K | ﹤0.01% |
48,742
-1,244,376
| -96% | -$19.9M |
|
3443
Murphy Oil
MUR
$5.25B
| $840K | ﹤0.01% |
+29,581
| New | +$746K |
|
|
BKHA
3444
Black Hawk Acquisition Corp
BKHA
$50.3M
| $839K | ﹤0.01% |
75,000
| – | – |
|
3445
Distribution Solutions Group
DSGR
$1.6B
| $838K | ﹤0.01% |
27,847
+8,810
| +46% | +$269K |
|
3446
CALL
Exelon
EXC
$48.4B
| $837K | ﹤0.01% |
+18,600
| New | +$817K |
|
|
AKRO
3447
DELISTED
Akero Therapeutics
AKRO
| $834K | ﹤0.01% |
17,572
-36,294
| -67% | -$1.76M |
|
|
DOCU
3448
DocuSign
DOCU
$10.7B
| $831K | ﹤0.01% |
11,525
-30,503
| -73% | -$2.35M |
|
|
GCMGW
3449
DELISTED
GCM Grosvenor Inc Warrant
GCMGW
| $831K | ﹤0.01% |
1,562,787
| – | – |
|
3450
CALL
Navitas Semiconductor
NVTS
$2.61B
| $830K | ﹤0.01% |
+115,000
| New | +$770K |
|
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.