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 | |
|---|---|---|---|---|---|---|
3101
AMERISAFE
AMSF
$484M
| $1.42M | ﹤0.01% |
32,401
-10,493
| -24% | -$470K |
|
3102
LendingTree
TREE
$401M
| $1.42M | ﹤0.01% |
+21,926
| New | +$1.26M |
|
|
JMIA
3103
CALL
Jumia Technologies
JMIA
$877M
| $1.42M | ﹤0.01% |
+122,200
| New | +$894K |
|
3104
Frontier Group Holdings
ULCC
$1.37B
| $1.42M | ﹤0.01% |
320,994
+114,198
| +55% | +$518K |
|
3105
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.54B
| $1.41M | ﹤0.01% |
85,917
| – | – |
|
3106
PUT
Fluor
FLR
$7.23B
| $1.41M | ﹤0.01% |
33,400
| – | – |
|
3107
Compass Minerals
CMP
$1.04B
| $1.4M | ﹤0.01% |
73,052
-122,208
| -63% | -$2.43M |
|
3108
Tompkins Financial
TMP
$1.41B
| $1.4M | ﹤0.01% |
21,109
-923
| -4% | -$61.9K |
|
3109
CALL
Sociedad Química y Minera de Chile
SQM
$22.9B
| $1.4M | ﹤0.01% |
32,500
-600
| -2% | -$25K |
|
3110
BlueLinx
BXC
$641M
| $1.39M | ﹤0.01% |
19,087
+2,473
| +15% | +$195K |
|
3111
TTEC Holdings
TTEC
$68.5M
| $1.39M | ﹤0.01% |
415,068
-247,667
| -37% | -$1.02M |
|
3112
Usana Health Sciences
USNA
$254M
| $1.39M | ﹤0.01% |
50,570
-25,046
| -33% | -$771K |
|
|
ECG
3113
Everus Construction Group
ECG
$6.2B
| $1.39M | ﹤0.01% |
16,245
+5,784
| +55% | +$430K |
|
3114
CALL
Magna International
MGA
$17.7B
| $1.39M | ﹤0.01% |
29,400
-15,000
| -34% | -$661K |
|
|
CMA
3115
DELISTED
Comerica
CMA
| $1.39M | ﹤0.01% |
+20,219
| New | +$1.36M |
|
3116
Watts Water Technologies
WTS
$12.5B
| $1.38M | ﹤0.01% |
4,950
-20,869
| -81% | -$5.6M |
|
3117
PUT
Mohawk Industries
MHK
$8.86B
| $1.38M | ﹤0.01% |
10,700
| – | – |
|
|
LOVE
3118
LoveSac
LOVE
$237M
| $1.38M | ﹤0.01% |
81,444
+68,587
| +533% | +$1.28M |
|
3119
Cimpress
CMPR
$2.16B
| $1.37M | ﹤0.01% |
21,806
-5,739
| -21% | -$322K |
|
3120
CRA International
CRAI
$1.08B
| $1.37M | ﹤0.01% |
6,584
-20,476
| -76% | -$3.93M |
|
|
CBL
3121
CBL Properties
CBL
$1.7B
| $1.37M | ﹤0.01% |
44,866
+34,884
| +349% | +$1.02M |
|
3122
PUT
Groupon
GRPN
$782M
| $1.36M | ﹤0.01% |
+58,400
| New | +$1.68M |
|
3123
American Coastal Insurance
ACIC
$446M
| $1.36M | ﹤0.01% |
119,710
-27,489
| -19% | -$299K |
|
3124
VanEck Digital Transformation ETF
DAPP
$323M
| $1.36M | ﹤0.01% |
62,683
+49,244
| +366% | +$902K |
|
|
LAR
3125
Lithium Argentina AG
LAR
$1.13B
| $1.36M | ﹤0.01% |
409,000
+371,631
| +994% | +$1.12M |
|
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.