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 | |
|---|---|---|---|---|---|---|
3926
Vanguard FTSE Europe ETF
VGK
$30.1B
| $339K | ﹤0.01% |
4,254
-100
| -2% | -$7.83K |
|
|
APLS
3927
PUT
DELISTED
Apellis Pharmaceuticals
APLS
| $339K | ﹤0.01% |
15,000
-7,700
| -34% | -$180K |
|
|
VSXY
3928
PUT
Victoria's Secret
VSXY
$6.78B
| $339K | ﹤0.01% |
12,500
-204,300
| -94% | -$4.59M |
|
|
HTFL
3929
Heartflow Inc
HTFL
$2.19B
| $338K | ﹤0.01% |
+10,030
| New | +$322K |
|
|
COOP
3930
CALL
DELISTED
Mr. Cooper
COOP
| $337K | ﹤0.01% |
1,600
| – | – |
|
3931
CALL
J.M. Smucker
SJM
$12.9B
| $337K | ﹤0.01% |
3,100
-3,900
| -56% | -$424K |
|
3932
CALL
Hewlett Packard
HPE
$63.8B
| $336K | ﹤0.01% |
13,700
| – | – |
|
3933
Amcor
AMCR
$20.9B
| $336K | ﹤0.01% |
+8,223
| New | +$369K |
|
3934
Starwood Property Trust
STWD
$6.15B
| $334K | ﹤0.01% |
17,254
-118,305
| -87% | -$2.38M |
|
|
ZYXI
3935
DELISTED
Zynex
ZYXI
| $333K | ﹤0.01% |
229,524
+77,152
| +51% | +$142K |
|
3936
CALL
PBF Energy
PBF
$7.43B
| $332K | ﹤0.01% |
11,000
-22,600
| -67% | -$591K |
|
3937
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$269M
| $332K | ﹤0.01% |
4,864
-4,246
| -47% | -$285K |
|
|
GRAL
3938
PUT
GRAIL Inc
GRAL
$2.87B
| $331K | ﹤0.01% |
5,600
| – | – |
|
3939
Insteel Industries
IIIN
$624M
| $330K | ﹤0.01% |
8,617
-26,882
| -76% | -$1.02M |
|
3940
PUT
Cheniere Energy
LNG
$53.6B
| $329K | ﹤0.01% |
1,400
-3,900
| -74% | -$917K |
|
3941
Vera Bradley
VRA
$106M
| $329K | ﹤0.01% |
163,483
-19,655
| -11% | -$41.7K |
|
3942
CALL
Weatherford International
WFRD
$6.16B
| $328K | ﹤0.01% |
4,800
-4,200
| -47% | -$249K |
|
3943
PUT
Jones Lang LaSalle
JLL
$15.5B
| $328K | ﹤0.01% |
1,100
| – | – |
|
|
CNL
3944
Collective Mining Ltd
CNL
$1.2B
| $328K | ﹤0.01% |
+22,600
| New | +$257K |
|
3945
CALL
Stride
LRN
$3.83B
| $328K | ﹤0.01% |
2,200
| – | – |
|
3946
Capitol Federal Financial
CFFN
$1.07B
| $327K | ﹤0.01% |
51,507
-131,948
| -72% | -$825K |
|
3947
HDFC Bank
HDB
$119B
| $327K | ﹤0.01% |
+9,574
| New | +$353K |
|
3948
CALL
Shoals Technologies Group
SHLS
$1.57B
| $327K | ﹤0.01% |
44,100
-231,600
| -84% | -$1.42M |
|
3949
CALL
Seadrill
SDRL
$2.69B
| $326K | ﹤0.01% |
10,800
-15,800
| -59% | -$481K |
|
3950
BCB Bancorp
BCBP
$179M
| $326K | ﹤0.01% |
37,502
-18,505
| -33% | -$162K |
|
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.