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 | |
|---|---|---|---|---|---|---|
1451
PUT
Eos Energy Enterprises
EOSE
$1.22B
| $11.9M | 0.01% |
+1,043,600
| New | +$7.14M |
|
|
LPBB
1452
Launch Two Acquisition Corp
LPBB
$309M
| $11.9M | 0.01% |
1,138,500
| – | – |
|
1453
Community Health Systems
CYH
$393M
| $11.8M | 0.01% |
3,688,975
+1,226,721
| +50% | +$3.68M |
|
|
CGAU
1454
Centerra Gold
CGAU
$3.36B
| $11.8M | 0.01% |
1,105,179
+330,300
| +43% | +$2.63M |
|
1455
Par Pacific Holdings
PARR
$4.31B
| $11.8M | 0.01% |
333,874
-248,237
| -43% | -$8.08M |
|
|
JACS
1456
Jackson Acquisition Co II
JACS
| $11.8M | 0.01% |
1,138,500
+250,500
| +28% | +$2.59M |
|
1457
Globus Medical
GMED
$10.7B
| $11.8M | 0.01% |
+206,173
| New | +$11.9M |
|
1458
Ezcorp Inc
EZPW
$1.83B
| $11.8M | 0.01% |
619,937
-334,504
| -35% | -$5.24M |
|
1459
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $11.8M | 0.01% |
231,247
+119,872
| +108% | +$6.38M |
|
|
JBTM
1460
JBT Marel
JBTM
$7.21B
| $11.8M | 0.01% |
+83,768
| New | +$11.4M |
|
1461
Pan American Silver
PAAS
$18.2B
| $11.8M | 0.01% |
303,773
+34,779
| +13% | +$1.12M |
|
1462
CALL
StoneCo
STNE
$2.77B
| $11.7M | 0.01% |
619,700
+206,700
| +50% | +$3.29M |
|
1463
PUT
NIO
NIO
$12.2B
| $11.7M | 0.01% |
1,536,700
+1,226,700
| +396% | +$6.61M |
|
1464
Dell
DELL
$262B
| $11.7M | 0.01% |
+82,316
| New | +$10.7M |
|
1465
FedEx
FDX
$72.7B
| $11.7M | 0.01% |
49,460
-10,427
| -17% | -$2.4M |
|
|
VCIC
1466
DELISTED
Vine Hill Capital Investment Corp
VCIC
| $11.7M | 0.01% |
1,088,772
| – | – |
|
1467
Colliers International
CIGI
$5.04B
| $11.6M | 0.01% |
74,463
+44,075
| +145% | +$6.78M |
|
|
ATII
1468
Archimedes Tech SPAC Partners II Co
ATII
$315M
| $11.6M | 0.01% |
1,138,500
| – | – |
|
1469
PUT
Lincoln National
LNC
$8.73B
| $11.6M | 0.01% |
287,100
+200,000
| +230% | +$7.73M |
|
1470
Cohen & Steers
CNS
$4.23B
| $11.6M | 0.01% |
176,347
+84,950
| +93% | +$6.22M |
|
1471
Consensus Cloud Solutions
CCSI
$670M
| $11.6M | 0.01% |
393,721
-15,258
| -4% | -$378K |
|
1472
Wingstop
WING
$3.53B
| $11.5M | 0.01% |
45,857
+28,110
| +158% | +$8.73M |
|
1473
Liberty Energy
LBRT
$3.05B
| $11.5M | 0.01% |
932,597
+453,615
| +95% | +$5.25M |
|
1474
PUT
Cigna
CI
$73.7B
| $11.5M | 0.01% |
+39,900
| New | +$11.8M |
|
1475
CALL
Lam Research
LRCX
$367B
| $11.5M | 0.01% |
+85,600
| New | +$9.06M |
|
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.