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 | |
|---|---|---|---|---|---|---|
3051
iShares JPMorgan EM High Yield Bond ETF
EMHY
$644M
| $1.53M | ﹤0.01% |
38,575
+10,600
| +38% | +$417K |
|
3052
CALL
dLocal
DLO
$4.46B
| $1.53M | ﹤0.01% |
+107,200
| New | +$1.36M |
|
3053
CALL
Idaho Strategic Resources
IDR
$536M
| $1.53M | ﹤0.01% |
+45,200
| New | +$1.07M |
|
3054
PUT
Standex International
SXI
$3.67B
| $1.53M | ﹤0.01% |
+7,200
| New | +$1.36M |
|
3055
CALL
Murphy Oil
MUR
$5.16B
| $1.53M | ﹤0.01% |
+53,700
| New | +$1.35M |
|
3056
PUT
PagSeguro Digital
PAGS
$2.47B
| $1.52M | ﹤0.01% |
152,400
| – | – |
|
|
TBCH
3057
PUT
Turtle Beach Corp
TBCH
$238M
| $1.52M | ﹤0.01% |
95,800
| – | – |
|
3058
PUT
Ouster
OUST
$2.64B
| $1.52M | ﹤0.01% |
+56,300
| New | +$1.57M |
|
3059
CALL
Expedia Group
EXPE
$38.2B
| $1.52M | ﹤0.01% |
7,100
-37,800
| -84% | -$7.59M |
|
3060
CALL
BILL Holdings
BILL
$4.87B
| $1.51M | ﹤0.01% |
28,600
+2,500
| +10% | +$116K |
|
|
CAI
3061
Caris Life Sciences
CAI
$7.45B
| $1.51M | ﹤0.01% |
49,785
+42,285
| +564% | +$1.35M |
|
3062
SentinelOne
S
$7.78B
| $1.5M | ﹤0.01% |
85,387
+4,225
| +5% | +$75.8K |
|
3063
Playtika
PLTK
$877M
| $1.5M | ﹤0.01% |
384,834
+191,435
| +99% | +$781K |
|
3064
Vistra
VST
$46.9B
| $1.5M | ﹤0.01% |
+7,637
| New | +$1.51M |
|
3065
Seadrill
SDRL
$3.03B
| $1.5M | ﹤0.01% |
49,512
+6,620
| +15% | +$202K |
|
3066
JPMorgan BetaBuilders Canada ETF
BBCA
$11.5B
| $1.49M | ﹤0.01% |
17,142
-7,731
| -31% | -$645K |
|
|
UMH
3067
UMH Properties
UMH
$1.41B
| $1.49M | ﹤0.01% |
+100,631
| New | +$1.61M |
|
3068
Perrigo
PRGO
$1.98B
| $1.49M | ﹤0.01% |
+67,029
| New | +$1.64M |
|
3069
CALL
Piper Sandler
PIPR
$5.28B
| $1.49M | ﹤0.01% |
17,200
+13,200
| +330% | +$1.08M |
|
3070
PUT
Symbotic
SYM
$5.35B
| $1.48M | ﹤0.01% |
+27,500
| New | +$1.39M |
|
3071
Avient
AVNT
$4.06B
| $1.48M | ﹤0.01% |
44,900
+15,985
| +55% | +$556K |
|
3072
Magnolia Oil & Gas
MGY
$6.33B
| $1.48M | ﹤0.01% |
61,877
-47,802
| -44% | -$1.14M |
|
3073
CALL
UBS Group
UBS
$167B
| $1.48M | ﹤0.01% |
36,000
| – | – |
|
3074
Adecoagro
AGRO
$1.55B
| $1.48M | ﹤0.01% |
188,157
+126,065
| +203% | +$1.11M |
|
3075
Safe Bulkers
SB
$858M
| $1.47M | ﹤0.01% |
332,056
+233,397
| +237% | +$990K |
|
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.