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 | |
|---|---|---|---|---|---|---|
3601
PUT
Spectrum Brands
SPB
$2.08B
| $646K | ﹤0.01% |
12,300
+3,500
| +40% | +$194K |
|
3602
PUT
Innovative Industrial Properties
IIPR
$1.76B
| $643K | ﹤0.01% |
12,000
+400
| +3% | +$21.7K |
|
|
UNIT
3603
CALL
Uniti Group
UNIT
$2.53B
| $643K | ﹤0.01% |
105,000
-70,000
| -40% | -$419K |
|
3604
Keurig Dr Pepper
KDP
$42.3B
| $642K | ﹤0.01% |
+25,172
| New | +$789K |
|
3605
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.38B
| $642K | ﹤0.01% |
3,629
-400
| -10% | -$69.6K |
|
3606
SS&C Technologies
SSNC
$18.8B
| $642K | ﹤0.01% |
+7,231
| New | +$626K |
|
3607
Ramaco Resources Class B
METCB
$443M
| $641K | ﹤0.01% |
+39,610
| New | +$548K |
|
3608
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$549M
| $641K | ﹤0.01% |
8,361
-400
| -5% | -$29.6K |
|
3609
PUT
iQIYI
IQ
$1.21B
| $640K | ﹤0.01% |
250,000
| – | – |
|
3610
Ubiquiti
UI
$32.4B
| $639K | ﹤0.01% |
968
| – | – |
|
3611
CALL
Pan American Silver
PAAS
$18.2B
| $639K | ﹤0.01% |
16,500
-32,100
| -66% | -$1.03M |
|
3612
Houlihan Lokey
HLI
$10.2B
| $635K | ﹤0.01% |
3,094
-1,859
| -38% | -$364K |
|
3613
CALL
The Mosaic Company
MOS
$7.34B
| $635K | ﹤0.01% |
18,300
-42,300
| -70% | -$1.46M |
|
|
EMBJ
3614
Embraer S.A. ADS
EMBJ
$12.3B
| $634K | ﹤0.01% |
10,494
-29,534
| -74% | -$1.67M |
|
3615
James Hardie Industries
JHX
$15.6B
| $634K | ﹤0.01% |
+33,005
| New | +$790K |
|
3616
GrowGeneration
GRWG
$88.3M
| $633K | ﹤0.01% |
338,343
-105,881
| -24% | -$145K |
|
3617
PUT
LPL Financial
LPLA
$27.4B
| $632K | ﹤0.01% |
1,900
| – | – |
|
3618
Stock Yards Bancorp
SYBT
$2.52B
| $631K | ﹤0.01% |
+9,020
| New | +$696K |
|
3619
PUT
Builders FirstSource
BLDR
$7.93B
| $631K | ﹤0.01% |
5,200
-3,900
| -43% | -$517K |
|
3620
CALL
Upbound Group
UPBD
$1.26B
| $629K | ﹤0.01% |
+26,600
| New | +$657K |
|
3621
CALL
Virgin Galactic
SPCE
$320M
| $626K | ﹤0.01% |
162,200
+32,200
| +25% | +$108K |
|
|
JAMF
3622
DELISTED
Jamf
JAMF
| $626K | ﹤0.01% |
58,508
-600,525
| -91% | -$5.44M |
|
3623
Vanguard Industrials ETF
VIS
$8.22B
| $624K | ﹤0.01% |
2,107
| – | – |
|
|
COOP
3624
DELISTED
Mr. Cooper
COOP
| $623K | ﹤0.01% |
2,957
-158,906
| -98% | -$29.3M |
|
|
PINE
3625
Alpine Income Property Trust
PINE
$337M
| $618K | ﹤0.01% |
43,597
-992
| -2% | -$14.5K |
|
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.