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 | |
|---|---|---|---|---|---|---|
1876
Xperi
XPER
$372M
| $6.64M | ﹤0.01% |
1,024,949
+250,399
| +32% | +$1.65M |
|
|
PLYM
1877
DELISTED
Plymouth Industrial REIT
PLYM
| $6.62M | ﹤0.01% |
+296,664
| New | +$5.45M |
|
1878
PUT
Kohl's
KSS
$2.17B
| $6.61M | ﹤0.01% |
+429,800
| New | +$5.73M |
|
1879
PUT
Alcoa
AA
$11.9B
| $6.6M | ﹤0.01% |
200,800
-83,600
| -29% | -$2.6M |
|
1880
Liberty Global Class C
LBTYK
$3.53B
| $6.59M | ﹤0.01% |
561,000
-2,245
| -0.4% | -$25.1K |
|
|
TBI
1881
Trueblue
TBI
$215M
| $6.59M | ﹤0.01% |
1,074,541
-150,384
| -12% | -$951K |
|
1882
PUT
Nucor
NUE
$58.6B
| $6.58M | ﹤0.01% |
48,600
-55,000
| -53% | -$7.79M |
|
1883
OptimizeRx
OPRX
$114M
| $6.58M | ﹤0.01% |
321,051
-91,845
| -22% | -$1.46M |
|
1884
PUT
Elbit Systems
ESLT
$37.9B
| $6.58M | ﹤0.01% |
12,900
+4,500
| +54% | +$2.11M |
|
1885
Flutter Entertainment
FLUT
$18.1B
| $6.57M | ﹤0.01% |
25,866
-26,720
| -51% | -$7.82M |
|
1886
PUT
Southwest Airlines
LUV
$22B
| $6.56M | ﹤0.01% |
205,600
-380,500
| -65% | -$12.4M |
|
1887
TC Energy
TRP
$70.2B
| $6.56M | ﹤0.01% |
120,600
-66,169
| -35% | -$3.32M |
|
|
AEBI
1888
Aebi Schmidt Holding AG
AEBI
$999M
| $6.55M | ﹤0.01% |
+525,445
| New | +$6.61M |
|
1889
PUT
Academy Sports + Outdoors
ASO
$2.94B
| $6.54M | ﹤0.01% |
130,800
+68,800
| +111% | +$3.51M |
|
1890
CALL
Shift4
FOUR
$4.2B
| $6.52M | ﹤0.01% |
84,300
+55,400
| +192% | +$5.15M |
|
|
FIGX
1891
FIGX Capital Acquisition Corp
FIGX
$199M
| $6.52M | ﹤0.01% |
+652,931
| New | +$6.52M |
|
1892
PUT
Jabil
JBL
$33B
| $6.52M | ﹤0.01% |
30,000
| – | – |
|
1893
Main Street Capital
MAIN
$5.06B
| $6.5M | ﹤0.01% |
102,282
+28,325
| +38% | +$1.83M |
|
1894
Omnicom Group
OMC
$21.6B
| $6.5M | ﹤0.01% |
79,726
-209,251
| -72% | -$15.8M |
|
1895
CALL
Canadian Solar
CSIQ
$1.02B
| $6.5M | ﹤0.01% |
498,200
+303,500
| +156% | +$3.63M |
|
1896
PUT
Delek US
DK
$4.16B
| $6.49M | ﹤0.01% |
201,200
+40,300
| +25% | +$1.05M |
|
1897
Wynn Resorts
WYNN
$10.3B
| $6.48M | ﹤0.01% |
50,554
+47,157
| +1,388% | +$5.44M |
|
1898
Align Technology
ALGN
$12.1B
| $6.48M | ﹤0.01% |
+51,717
| New | +$8.1M |
|
1899
Cognyte Software
CGNT
$659M
| $6.46M | ﹤0.01% |
769,052
-60,526
| -7% | -$536K |
|
1900
Navitas Semiconductor
NVTS
$2.84B
| $6.45M | ﹤0.01% |
893,849
+433,747
| +94% | +$2.9M |
|
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.