David Shaw D.E. Shaw & Co
David Shaw founded D. E. Shaw & Co., a pioneering quantitative investment firm that helped define systematic trading at scale. With a background in computer science, Shaw built teams that applied advanced computation to markets across equities, derivatives, and other assets. The firm remains one of the most important quant platforms in global finance, even as Shaw’s own public role has shifted over time.
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 | Miscellaneous | 38.56% |
| 2 | Technology | 19.25% |
| 3 | Consumer Discretionary | 7.51% |
| 4 | Financials | 7.11% |
| 5 | Healthcare | 6.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2876
iShares MSCI Singapore ETF
EWS
$1.23B
| $1.96M | ﹤0.01% |
69,332
-70,052
| -50% | -$1.93M |
|
2877
PUT
Kratos Defense & Security Solutions
KTOS
$10.1B
| $1.96M | ﹤0.01% |
+21,500
| New | +$1.38M |
|
|
GPMT
2878
Granite Point Mortgage Trust
GPMT
$52.1M
| $1.96M | ﹤0.01% |
654,605
+191,657
| +41% | +$529K |
|
2879
PUT
Boot Barn
BOOT
$4.71B
| $1.96M | ﹤0.01% |
11,800
| – | – |
|
2880
Skywest
SKYW
$3.84B
| $1.95M | ﹤0.01% |
19,380
-5,573
| -22% | -$623K |
|
2881
Xenon Pharmaceuticals
XENE
$6B
| $1.95M | ﹤0.01% |
48,455
-93,328
| -66% | -$3.29M |
|
2882
PUT
Ralph Lauren
RL
$21B
| $1.94M | ﹤0.01% |
6,200
| – | – |
|
2883
PUT
Axcelis
ACLS
$3.78B
| $1.94M | ﹤0.01% |
19,900
-5,800
| -23% | -$467K |
|
2884
PUT
Box
BOX
$4.81B
| $1.94M | ﹤0.01% |
+60,000
| New | +$1.94M |
|
|
FVN
2885
Future Vision II Acquisition Corp
FVN
$85.7M
| $1.93M | ﹤0.01% |
184,625
| – | – |
|
2886
Essex Property Trust
ESS
$18B
| $1.93M | ﹤0.01% |
7,200
-33,007
| -82% | -$8.92M |
|
2887
Stratasys
SSYS
$699M
| $1.93M | ﹤0.01% |
172,053
+96,674
| +128% | +$1.04M |
|
2888
Penumbra
PEN
$12.6B
| $1.92M | ﹤0.01% |
7,586
| – | – |
|
2889
Hain Celestial
HAIN
$64.1M
| $1.92M | ﹤0.01% |
1,215,059
-627,337
| -34% | -$1.07M |
|
2890
PUT
Talos Energy
TALO
$2.79B
| $1.92M | ﹤0.01% |
+200,000
| New | +$1.79M |
|
|
TRUE
2891
DELISTED
TrueCar
TRUE
| $1.91M | ﹤0.01% |
1,037,261
+182,120
| +21% | +$366K |
|
2892
Global X MLP & Energy Infrastructure ETF
MLPX
$3.63B
| $1.91M | ﹤0.01% |
30,431
+11,894
| +64% | +$727K |
|
2893
Kforce
KFRC
$1.04B
| $1.91M | ﹤0.01% |
63,623
-6,088
| -9% | -$216K |
|
2894
10x Genomics
TXG
$8.45B
| $1.9M | ﹤0.01% |
162,908
-583,358
| -78% | -$7.61M |
|
2895
PUT
Knight Transportation
KNX
$11.2B
| $1.9M | ﹤0.01% |
48,100
| – | – |
|
2896
uniQure
QURE
$3.44B
| $1.9M | ﹤0.01% |
32,537
+5,006
| +18% | +$90.9K |
|
2897
SandRidge Energy
SD
$524M
| $1.9M | ﹤0.01% |
168,357
+101,601
| +152% | +$1.12M |
|
2898
CALL
FirstEnergy
FE
$26.8B
| $1.9M | ﹤0.01% |
+41,400
| New | +$1.77M |
|
2899
CALL
LPL Financial
LPLA
$28.4B
| $1.9M | ﹤0.01% |
5,700
| – | – |
|
2900
Nutanix
NTNX
$18.9B
| $1.89M | ﹤0.01% |
25,433
-645,400
| -96% | -$47.4M |
|
Similar funds
David Shaw's Q3 2025 Portfolio in Review
As of Q3 2025, David Shaw held 5,023 positions worth $177B, up 26% from $141B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
David Shaw deployed $8.01B 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 Miscellaneous at 39% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.68B trimmed.
- David Shaw's largest Q3 2025 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 3,319,000 shares worth $370M.
- David Shaw added most to Microsoft in Q3 2025, an estimated $1.9B increase.
- David Shaw's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.68B.
- David Shaw fully exited Hess in Q3 2025, selling an estimated $527M.
- David Shaw's ten largest holdings make up 13% of its $177B portfolio in Q3 2025.
- David Shaw opened 714 new positions and closed 514 in Q3 2025.
- David Shaw'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.