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 | |
|---|---|---|---|---|---|---|
1901
Corteva
CTVA
$52.6B
| $6.44M | ﹤0.01% |
95,165
+90,194
| +1,814% | +$6.54M |
|
1902
CALL
CNX Resources
CNX
$5.06B
| $6.42M | ﹤0.01% |
+200,000
| New | +$6.13M |
|
1903
PUT
The Mosaic Company
MOS
$7.03B
| $6.42M | ﹤0.01% |
185,100
-151,900
| -45% | -$5.23M |
|
1904
Fox Factory Holding Corp
FOXF
$755M
| $6.41M | ﹤0.01% |
263,802
-291,752
| -53% | -$8.22M |
|
1905
ATN International
ATNI
$366M
| $6.39M | ﹤0.01% |
426,791
-6,223
| -1% | -$103K |
|
1906
TripAdvisor
TRIP
$1.65B
| $6.38M | ﹤0.01% |
392,114
-198,169
| -34% | -$3.46M |
|
|
BLSH
1907
Bullish
BLSH
$3.3B
| $6.36M | ﹤0.01% |
+100,000
| New | +$6.13M |
|
1908
CALL
Innodata
INOD
$2.05B
| $6.36M | ﹤0.01% |
82,500
+46,200
| +127% | +$2.33M |
|
1909
CALL
Targa Resources
TRGP
$58B
| $6.35M | ﹤0.01% |
37,900
-10,700
| -22% | -$1.78M |
|
1910
PUT
Analog Devices
ADI
$179B
| $6.34M | ﹤0.01% |
25,800
+7,900
| +44% | +$1.9M |
|
1911
United Airlines
UAL
$39.4B
| $6.3M | ﹤0.01% |
65,334
+14,309
| +28% | +$1.38M |
|
1912
NovoCure
NVCR
$1.73B
| $6.29M | ﹤0.01% |
486,479
+465,923
| +2,267% | +$6.23M |
|
1913
Amdocs
DOX
$5.92B
| $6.28M | ﹤0.01% |
76,488
+57,296
| +299% | +$4.97M |
|
|
EB
1914
DELISTED
Eventbrite
EB
| $6.26M | ﹤0.01% |
2,484,277
-35,805
| -1% | -$93.5K |
|
1915
Hyster-Yale Materials Handling
HY
$599M
| $6.26M | ﹤0.01% |
169,808
+12,220
| +8% | +$477K |
|
1916
CALL
ZIM Integrated Shipping Services
ZIM
$3.04B
| $6.23M | ﹤0.01% |
460,000
+45,000
| +11% | +$683K |
|
1917
WEX
WEX
$6.37B
| $6.22M | ﹤0.01% |
39,500
-80,521
| -67% | -$13.3M |
|
1918
Caesars Entertainment
CZR
$6.06B
| $6.22M | ﹤0.01% |
230,199
+207,697
| +923% | +$5.63M |
|
|
TLN
1919
PUT
Talen Energy Corp
TLN
$16B
| $6.21M | ﹤0.01% |
14,600
+13,800
| +1,725% | +$4.99M |
|
1920
PUT
Amgen
AMGN
$208B
| $6.21M | ﹤0.01% |
22,000
-2,000
| -8% | -$580K |
|
1921
First Industrial Realty Trust
FR
$8.73B
| $6.21M | ﹤0.01% |
120,590
-181,148
| -60% | -$9.1M |
|
1922
Campbell Soup
CPB
$6.55B
| $6.19M | ﹤0.01% |
196,055
-426,655
| -69% | -$13.8M |
|
1923
Equity Residential
EQR
$24.9B
| $6.19M | ﹤0.01% |
95,636
+222
| +0.2% | +$14.5K |
|
1924
CALL
Autodesk
ADSK
$49.5B
| $6.16M | ﹤0.01% |
19,400
+5,600
| +41% | +$1.71M |
|
1925
CVR Energy
CVI
$3.58B
| $6.16M | ﹤0.01% |
168,927
+138,118
| +448% | +$4.13M |
|
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.