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 | |
|---|---|---|---|---|---|---|
3851
Greif Class B
GEF.B
$3.96B
| $399K | ﹤0.01% |
6,479
| – | – |
|
|
HSAI
3852
CALL
Hesai Group
HSAI
$2.52B
| $399K | ﹤0.01% |
14,200
-46,500
| -77% | -$1.14M |
|
3853
Corsair Gaming
CRSR
$1.1B
| $398K | ﹤0.01% |
44,655
+19,828
| +80% | +$179K |
|
3854
Dimensional International Value ETF
DFIV
$20.8B
| $398K | ﹤0.01% |
8,634
+3,538
| +69% | +$158K |
|
3855
Invesco KBW Property & Casualty Insurance ETF
KBWP
$276M
| $393K | ﹤0.01% |
3,178
| – | – |
|
3856
PUT
Marriott Vacations Worldwide
VAC
$3.38B
| $393K | ﹤0.01% |
5,900
-4,000
| -40% | -$308K |
|
3857
PUT
Interactive Brokers
IBKR
$39.9B
| $392K | ﹤0.01% |
5,700
-134,700
| -96% | -$8.47M |
|
3858
CALL
Copa Holdings
CPA
$5.57B
| $392K | ﹤0.01% |
+3,300
| New | +$378K |
|
3859
Dimensional Global Real Estate ETF
DFGR
$3.92B
| $391K | ﹤0.01% |
14,327
+2,468
| +21% | +$66.8K |
|
3860
PUT
Domo
DOMO
$166M
| $391K | ﹤0.01% |
+24,700
| New | +$382K |
|
3861
Schwab Crypto Thematic ETF
STCE
$224M
| $391K | ﹤0.01% |
+4,977
| New | +$301K |
|
3862
PUT
Asbury Automotive
ABG
$4.27B
| $391K | ﹤0.01% |
1,600
-1,100
| -41% | -$267K |
|
3863
PUT
Progress Software
PRGS
$1.64B
| $391K | ﹤0.01% |
+8,900
| New | +$410K |
|
3864
Sturm, Ruger & Co
RGR
$617M
| $390K | ﹤0.01% |
8,976
-47,028
| -84% | -$1.7M |
|
3865
Latham Group
SWIM
$666M
| $389K | ﹤0.01% |
51,155
-90,997
| -64% | -$670K |
|
3866
Inhibrx
INBX
$1.15B
| $389K | ﹤0.01% |
+11,553
| New | +$284K |
|
3867
CALL
Teladoc Health
TDOC
$1.6B
| $388K | ﹤0.01% |
50,200
| – | – |
|
3868
CALL
UiPath
PATH
$6.11B
| $388K | ﹤0.01% |
29,000
+14,200
| +96% | +$168K |
|
3869
First Busey Corp
BUSE
$2.55B
| $387K | ﹤0.01% |
16,702
-116,527
| -87% | -$2.78M |
|
3870
iShares MSCI India Small-Cap ETF
SMIN
$753M
| $386K | ﹤0.01% |
5,382
-297
| -5% | -$22.1K |
|
3871
CALL
Methanex
MEOH
$4.23B
| $386K | ﹤0.01% |
9,700
+1,900
| +24% | +$67.5K |
|
3872
AbCellera Biologics
ABCL
$1.54B
| $385K | ﹤0.01% |
76,483
+25,409
| +50% | +$112K |
|
3873
Invesco S&P 500 Revenue ETF
RWL
$9.65B
| $384K | ﹤0.01% |
3,472
-5,063
| -59% | -$540K |
|
3874
A.O. Smith
AOS
$8.8B
| $384K | ﹤0.01% |
5,233
-283,710
| -98% | -$20.2M |
|
3875
PUT
StoneCo
STNE
$2.67B
| $382K | ﹤0.01% |
20,200
| – | – |
|
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.