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 | |
|---|---|---|---|---|---|---|
3526
Alcoa
AA
$11.7B
| $736K | ﹤0.01% |
+22,391
| New | +$696K |
|
3527
Midland States Bancorp
MSBI
$707M
| $734K | ﹤0.01% |
42,816
-5,335
| -11% | -$95.9K |
|
3528
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.9B
| $732K | ﹤0.01% |
16,872
+9,176
| +119% | +$398K |
|
3529
Sterling Infrastructure
STRL
$16.5B
| $732K | ﹤0.01% |
2,156
-9,300
| -81% | -$2.64M |
|
3530
PUT
Wynn Resorts
WYNN
$10.3B
| $731K | ﹤0.01% |
5,700
-3,500
| -38% | -$404K |
|
3531
W.P. Carey
WPC
$16.8B
| $731K | ﹤0.01% |
10,818
-4,467
| -29% | -$292K |
|
3532
iRadimed
IRMD
$1.21B
| $730K | ﹤0.01% |
10,256
+2,393
| +30% | +$159K |
|
3533
PUT
Criteo
CRTO
$1.06B
| $728K | ﹤0.01% |
+32,200
| New | +$754K |
|
3534
PUT
RXO
RXO
$3.73B
| $726K | ﹤0.01% |
47,200
+34,000
| +258% | +$548K |
|
3535
CALL
Americold
COLD
$4.17B
| $726K | ﹤0.01% |
+59,300
| New | +$883K |
|
3536
Capital Group Dividend Growers ETF
CGDG
$5.45B
| $726K | ﹤0.01% |
20,941
+1,450
| +7% | +$49.4K |
|
3537
CALL
Jack in the Box
JACK
$308M
| $726K | ﹤0.01% |
36,700
-45,000
| -55% | -$894K |
|
3538
CALL
Guardant Health
GH
$19B
| $725K | ﹤0.01% |
+11,600
| New | +$631K |
|
|
AEVA
3539
Aeva Technologies
AEVA
$1B
| $722K | ﹤0.01% |
49,800
-1,032,098
| -95% | -$19.6M |
|
|
INGM
3540
Ingram Micro Holding
INGM
$6.93B
| $721K | ﹤0.01% |
+33,556
| New | +$681K |
|
|
BNY
3541
CALL
Bank of New York Mellon
BNY
$106B
| $719K | ﹤0.01% |
6,600
-25,000
| -79% | -$2.55M |
|
3542
Oneok
OKE
$55.9B
| $717K | ﹤0.01% |
9,830
-677,466
| -99% | -$51.9M |
|
3543
PUT
Perion Network
PERI
$378M
| $717K | ﹤0.01% |
74,700
| – | – |
|
3544
HCA Healthcare
HCA
$92.8B
| $716K | ﹤0.01% |
1,680
-5,511
| -77% | -$2.14M |
|
|
HAPN
3545
Happen Inc
HAPN
$2.19B
| $714K | ﹤0.01% |
47,023
-212,628
| -82% | -$3.23M |
|
3546
Ascendis Pharma A/S
ASND
$16.7B
| $713K | ﹤0.01% |
3,586
-3,600
| -50% | -$671K |
|
3547
Universal Technical Institute
UTI
$2.15B
| $712K | ﹤0.01% |
+21,886
| New | +$643K |
|
3548
CALL
Magnite
MGNI
$2.82B
| $712K | ﹤0.01% |
+32,700
| New | +$772K |
|
3549
The GEO Group
GEO
$4.11B
| $710K | ﹤0.01% |
+34,670
| New | +$792K |
|
3550
CALL
Paycom
PAYC
$7.54B
| $708K | ﹤0.01% |
3,400
+1,200
| +55% | +$270K |
|
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.