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 | |
|---|---|---|---|---|---|---|
|
HONE
3501
DELISTED
HarborOne Bancorp
HONE
| $763K | ﹤0.01% |
56,132
-119,939
| -68% | -$1.5M |
|
3502
Ameris Bancorp
ABCB
$5.9B
| $763K | ﹤0.01% |
10,413
-59,057
| -85% | -$4.16M |
|
3503
CALL
Polaris
PII
$4.07B
| $762K | ﹤0.01% |
13,100
| – | – |
|
3504
Avantis International Small Cap Value ETF
AVDV
$18.8B
| $761K | ﹤0.01% |
8,546
-1,216
| -12% | -$102K |
|
3505
iShares MSCI Canada ETF
EWC
$6.18B
| $759K | ﹤0.01% |
15,017
-339,612
| -96% | -$16.3M |
|
3506
Universal Electronics
UEIC
$58.1M
| $759K | ﹤0.01% |
162,858
+19,452
| +14% | +$107K |
|
3507
HUB Group
HUBG
$2.92B
| $759K | ﹤0.01% |
22,029
-10,140
| -32% | -$362K |
|
3508
Philips
PHG
$25B
| $759K | ﹤0.01% |
+28,860
| New | +$741K |
|
3509
PUT
Hasbro
HAS
$13.6B
| $759K | ﹤0.01% |
10,000
| – | – |
|
3510
Fidelity Blue Chip Growth ETF
FBCG
$6.72B
| $758K | ﹤0.01% |
14,118
| – | – |
|
3511
CALL
Martin Marietta Materials
MLM
$35B
| $756K | ﹤0.01% |
1,200
| – | – |
|
3512
NB Bancorp
NBBK
$1.01B
| $752K | ﹤0.01% |
42,624
+24,508
| +135% | +$450K |
|
|
IAUX
3513
i-80 Gold Corp
IAUX
$1.11B
| $752K | ﹤0.01% |
786,900
+683,900
| +664% | +$498K |
|
3514
PUT
QuantumScape Corp
QS
$3.18B
| $752K | ﹤0.01% |
+61,000
| New | +$595K |
|
3515
United Fire Group
UFCS
$1.35B
| $749K | ﹤0.01% |
24,623
-48,869
| -66% | -$1.44M |
|
3516
Cytokinetics
CYTK
$10.8B
| $748K | ﹤0.01% |
13,603
-5,481
| -29% | -$226K |
|
3517
PUT
American International
AIG
$42.9B
| $746K | ﹤0.01% |
+9,500
| New | +$759K |
|
|
KC
3518
CALL
Kingsoft Cloud Holdings
KC
$3.03B
| $746K | ﹤0.01% |
50,000
-16,700
| -25% | -$242K |
|
3519
Clarivate
CLVT
$1.53B
| $746K | ﹤0.01% |
194,650
-1,162,181
| -86% | -$4.88M |
|
3520
CALL
MarineMax
HZO
$782M
| $745K | ﹤0.01% |
+29,400
| New | +$749K |
|
3521
Healthcare Realty
HR
$7.58B
| $744K | ﹤0.01% |
41,289
+18,529
| +81% | +$313K |
|
3522
Entravision Communication
EVC
$1.01B
| $743K | ﹤0.01% |
318,874
-42,745
| -12% | -$104K |
|
|
BAI
3523
iShares A.I. Innovation and Tech Active ETF
BAI
$12.1B
| $737K | ﹤0.01% |
+21,584
| New | +$681K |
|
3524
Build-A-Bear
BBW
$443M
| $737K | ﹤0.01% |
11,303
-4,416
| -28% | -$260K |
|
3525
Sight Sciences
SGHT
$288M
| $737K | ﹤0.01% |
214,216
-39,551
| -16% | -$147K |
|
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.