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 | |
|---|---|---|---|---|---|---|
|
CYBR
1776
PUT
DELISTED
CyberArk
CYBR
| $7.54M | ﹤0.01% |
15,600
| – | – |
|
1777
PUT
Coca-Cola
KO
$377B
| $7.52M | ﹤0.01% |
113,400
+108,200
| +2,081% | +$7.45M |
|
1778
Kodiak Sciences
KOD
$2.6B
| $7.5M | ﹤0.01% |
457,856
-143,773
| -24% | -$1.24M |
|
1779
Lazard
LAZ
$4.13B
| $7.49M | ﹤0.01% |
+141,829
| New | +$7.65M |
|
1780
Grupo Cibest SA
CIB
$22B
| $7.47M | ﹤0.01% |
143,757
+13,637
| +10% | +$658K |
|
1781
Silicon Motion
SIMO
$8.6B
| $7.45M | ﹤0.01% |
78,568
-23,927
| -23% | -$1.9M |
|
|
TIXT
1782
DELISTED
TELUS International
TIXT
| $7.44M | ﹤0.01% |
1,664,786
+1,037,221
| +165% | +$4.21M |
|
|
CUK
1783
DELISTED
Carnival PLC
CUK
| $7.44M | ﹤0.01% |
+281,267
| New | +$7.75M |
|
|
CEPT
1784
DELISTED
Cantor Equity Partners II
CEPT
| $7.43M | ﹤0.01% |
704,187
| – | – |
|
1785
PUT
Magna International
MGA
$18.7B
| $7.43M | ﹤0.01% |
156,800
-51,900
| -25% | -$2.29M |
|
1786
PUT
Dick's Sporting Goods
DKS
$17.5B
| $7.42M | ﹤0.01% |
33,400
+29,000
| +659% | +$6.31M |
|
1787
Standex International
SXI
$3.59B
| $7.4M | ﹤0.01% |
34,919
+20,219
| +138% | +$3.82M |
|
1788
CALL
Applied Materials
AMAT
$403B
| $7.39M | ﹤0.01% |
36,100
-33,600
| -48% | -$6.1M |
|
|
SNDK
1789
CALL
Sandisk
SNDK
$180B
| $7.39M | ﹤0.01% |
65,868
| – | – |
|
1790
PUT
argenx
ARGX
$53.4B
| $7.38M | ﹤0.01% |
10,000
-500
| -5% | -$330K |
|
1791
SunCoke Energy
SXC
$720M
| $7.37M | ﹤0.01% |
903,772
-647,201
| -42% | -$5.16M |
|
1792
PUT
Thermo Fisher Scientific
TMO
$213B
| $7.37M | ﹤0.01% |
15,200
-44,400
| -74% | -$20.7M |
|
1793
Masco
MAS
$14.1B
| $7.35M | ﹤0.01% |
104,460
-392,413
| -79% | -$27.6M |
|
1794
CALL
Stellantis
STLA
$16.7B
| $7.35M | ﹤0.01% |
787,100
+85,000
| +12% | +$813K |
|
1795
CALL
Cboe Global Markets
CBOE
$32.5B
| $7.35M | ﹤0.01% |
30,000
+25,000
| +500% | +$6.01M |
|
1796
Definitive Healthcare
DH
$72M
| $7.32M | ﹤0.01% |
1,803,959
+394,860
| +28% | +$1.58M |
|
1797
Shinhan Financial Group
SHG
$32.8B
| $7.32M | ﹤0.01% |
145,300
-23,476
| -14% | -$1.15M |
|
|
OBA
1798
Oxley Bridge Acquisition Ltd
OBA
| $7.31M | ﹤0.01% |
+735,434
| New | +$7.31M |
|
1799
Central Garden & Pet Co Class A
CENTA
$2.37B
| $7.3M | ﹤0.01% |
247,217
+8,029
| +3% | +$267K |
|
|
UDMY
1800
DELISTED
Udemy
UDMY
| $7.3M | ﹤0.01% |
1,041,363
+955,124
| +1,108% | +$6.7M |
|
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.