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 | |
|---|---|---|---|---|---|---|
1526
CALL
Duke Energy
DUK
$97.8B
| $10.7M | 0.01% |
86,400
+73,100
| +550% | +$8.87M |
|
|
DVAX
1527
DELISTED
Dynavax Technologies
DVAX
| $10.7M | 0.01% |
1,076,347
-348,017
| -24% | -$3.62M |
|
1528
Tronox
TROX
$932M
| $10.7M | 0.01% |
2,655,385
+1,464,134
| +123% | +$6.7M |
|
1529
NOV
NOV
$6.93B
| $10.7M | 0.01% |
805,203
-236,629
| -23% | -$3.06M |
|
1530
Arthur J. Gallagher & Co
AJG
$64.1B
| $10.7M | 0.01% |
+34,390
| New | +$10.4M |
|
1531
Tandem Diabetes Care
TNDM
$1.34B
| $10.6M | 0.01% |
877,217
+538,549
| +159% | +$7.29M |
|
1532
Affiliated Managers Group
AMG
$9.69B
| $10.6M | 0.01% |
44,610
-2,462
| -5% | -$543K |
|
|
MOMO
1533
Hello Group
MOMO
$885M
| $10.6M | 0.01% |
1,428,476
+625,250
| +78% | +$5.11M |
|
1534
Acushnet Holdings
GOLF
$5.93B
| $10.6M | 0.01% |
134,947
+72,071
| +115% | +$5.6M |
|
1535
PUT
DraftKings
DKNG
$11.6B
| $10.6M | 0.01% |
283,100
-228,000
| -45% | -$10.1M |
|
1536
CALL
Pinterest
PINS
$13.4B
| $10.5M | 0.01% |
327,500
+131,000
| +67% | +$4.75M |
|
1537
Petrobras Class A
PBR.A
$111B
| $10.5M | 0.01% |
+891,186
| New | +$10.3M |
|
1538
Essent Group
ESNT
$6.08B
| $10.5M | 0.01% |
165,541
+20,887
| +14% | +$1.27M |
|
1539
CALL
Ouster
OUST
$2.63B
| $10.5M | 0.01% |
388,800
+290,000
| +294% | +$8.09M |
|
|
1540
CALL
DraftKings
DKNG
$11.6B
| $10.5M | 0.01% |
280,500
+100,700
| +56% | +$4.47M |
|
1541
CALL
Charter Communications
CHTR
$17.3B
| $10.5M | 0.01% |
38,100
+15,800
| +71% | +$4.77M |
|
1542
CALL
HubSpot
HUBS
$12.2B
| $10.5M | 0.01% |
22,400
+13,900
| +164% | +$6.99M |
|
1543
SM Energy
SM
$7.8B
| $10.5M | 0.01% |
419,260
+336,111
| +404% | +$9.06M |
|
|
KYIV
1544
Kyivstar Group
KYIV
$3.13B
| $10.5M | 0.01% |
+836,154
| New | +$9.93M |
|
1545
Flex
FLEX
$41.7B
| $10.4M | 0.01% |
180,000
+139,506
| +345% | +$7.41M |
|
|
HDRN
1546
Hadron Energy
HDRN
$109M
| $10.4M | 0.01% |
990,000
| – | – |
|
|
TONT
1547
Graf Global Corp
TONT
$153M
| $10.4M | 0.01% |
989,579
| – | – |
|
|
LPAA
1548
DELISTED
Launch One Acquisition Corp
LPAA
| $10.4M | 0.01% |
990,000
| – | – |
|
1549
CALL
Credit Acceptance
CACC
$5.95B
| $10.4M | 0.01% |
22,300
| – | – |
|
1550
McEwen Inc
MUX
$1.03B
| $10.4M | 0.01% |
608,856
+93,471
| +18% | +$1.12M |
|
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.