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 | |
|---|---|---|---|---|---|---|
1626
D.R. Horton
DHI
$40B
| $9.65M | 0.01% |
56,922
-545,934
| -91% | -$85.9M |
|
|
HVII
1627
Hennessy Capital Investment Corp VII
HVII
$273M
| $9.64M | 0.01% |
940,500
+40,838
| +5% | +$415K |
|
1628
Acuity Brands
AYI
$9.83B
| $9.64M | 0.01% |
27,989
-29,807
| -52% | -$9.5M |
|
1629
CALL
InterDigital
IDCC
$7.87B
| $9.63M | 0.01% |
27,900
+16,300
| +141% | +$4.43M |
|
1630
CALL
Twilio
TWLO
$30B
| $9.63M | 0.01% |
96,200
-15,400
| -14% | -$1.73M |
|
|
SHCO
1631
DELISTED
Soho House & Co
SHCO
| $9.58M | 0.01% |
1,082,248
+961,287
| +795% | +$7.57M |
|
1632
O-I Glass
OI
$1.1B
| $9.55M | 0.01% |
736,254
+60,661
| +9% | +$827K |
|
1633
CNO Financial Group
CNO
$5.14B
| $9.54M | 0.01% |
241,091
+213,696
| +780% | +$8.16M |
|
|
DQ
1634
PUT
Daqo New Energy
DQ
$823M
| $9.53M | 0.01% |
338,900
+31,600
| +10% | +$741K |
|
1635
CALL
Dave Inc
DAVE
$4.74B
| $9.51M | 0.01% |
47,700
+34,000
| +248% | +$7.34M |
|
1636
Atkore
ATKR
$2.46B
| $9.49M | 0.01% |
151,292
+84,437
| +126% | +$5.51M |
|
1637
Everest Group
EG
$14.5B
| $9.48M | 0.01% |
27,057
-37,265
| -58% | -$12.6M |
|
|
VNME
1638
Vendome Acquisition Corp I
VNME
$256M
| $9.45M | 0.01% |
+950,800
| New | +$9.43M |
|
1639
PUT
Sphere Entertainment
SPHR
$5.14B
| $9.45M | 0.01% |
152,100
+53,100
| +54% | +$2.51M |
|
1640
Century Communities
CCS
$1.91B
| $9.43M | 0.01% |
148,868
-13,143
| -8% | -$829K |
|
1641
TETRA Technologies
TTI
$1.14B
| $9.41M | 0.01% |
1,636,849
+572,720
| +54% | +$2.45M |
|
1642
PagSeguro Digital
PAGS
$2.69B
| $9.39M | 0.01% |
+938,667
| New | +$8.45M |
|
|
CON
1643
Concentra Group Holdings
CON
$4.05B
| $9.37M | 0.01% |
+447,717
| New | +$9.55M |
|
|
FIG
1644
Figma
FIG
$12.9B
| $9.34M | 0.01% |
+180,000
| New | +$12.4M |
|
1645
Vulcan Materials
VMC
$34.8B
| $9.32M | 0.01% |
30,300
-65,482
| -68% | -$18.6M |
|
1646
Exelixis
EXEL
$13.3B
| $9.31M | 0.01% |
225,434
-377,929
| -63% | -$15.2M |
|
1647
PUT
Wolfspeed
WOLF
$1.23B
| $9.29M | 0.01% |
325,000
| – | – |
|
1648
NetEase
NTES
$85.3B
| $9.27M | 0.01% |
60,995
-7,012
| -10% | -$965K |
|
1649
Steris
STE
$22.3B
| $9.26M | 0.01% |
37,434
-57,722
| -61% | -$13.8M |
|
1650
Hillman Solutions
HLMN
$1.54B
| $9.25M | 0.01% |
1,007,612
+69,687
| +7% | +$629K |
|
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.