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 | |
|---|---|---|---|---|---|---|
|
SEI
3126
CALL
Solaris Energy Infrastructure
SEI
$3.52B
| $1.36M | ﹤0.01% |
34,100
+23,400
| +219% | +$732K |
|
|
DENN
3127
DELISTED
Denny's
DENN
| $1.36M | ﹤0.01% |
260,283
-146,246
| -36% | -$649K |
|
3128
CALL
Dine Brands
DIN
$426M
| $1.36M | ﹤0.01% |
+55,000
| New | +$1.29M |
|
3129
Altimmune
ALT
$624M
| $1.36M | ﹤0.01% |
360,395
+309,137
| +603% | +$1.19M |
|
3130
CALL
Alignment Healthcare
ALHC
$2.86B
| $1.36M | ﹤0.01% |
+77,800
| New | +$1.15M |
|
3131
CALL
Beam Therapeutics
BEAM
$3.17B
| $1.36M | ﹤0.01% |
+55,900
| New | +$1.11M |
|
3132
Vestis
VSTS
$1.7B
| $1.36M | ﹤0.01% |
299,374
-417,596
| -58% | -$2.14M |
|
3133
AirSculpt Technologies
AIRS
$194M
| $1.35M | ﹤0.01% |
+168,943
| New | +$1.05M |
|
3134
Lands' End
LE
$371M
| $1.35M | ﹤0.01% |
96,039
+4,759
| +5% | +$63.4K |
|
3135
PUT
NRG Energy
NRG
$24B
| $1.34M | ﹤0.01% |
8,300
-41,400
| -83% | -$6.45M |
|
3136
PUT
Caleres
CAL
$424M
| $1.34M | ﹤0.01% |
103,000
+45,900
| +80% | +$665K |
|
3137
PUT
Cognizant
CTSH
$28.8B
| $1.34M | ﹤0.01% |
20,000
| – | – |
|
3138
STAG Industrial
STAG
$7.14B
| $1.34M | ﹤0.01% |
+37,969
| New | +$1.35M |
|
|
CIO
3139
DELISTED
City Office REIT
CIO
| $1.34M | ﹤0.01% |
192,358
-154,649
| -45% | -$1.02M |
|
3140
Monolithic Power Systems
MPWR
$63.9B
| $1.34M | ﹤0.01% |
1,454
-3,973
| -73% | -$3.22M |
|
3141
Mistras Group
MG
$611M
| $1.34M | ﹤0.01% |
135,797
+22,004
| +19% | +$196K |
|
3142
CALL
Oneok
OKE
$59.6B
| $1.34M | ﹤0.01% |
18,300
+1,700
| +10% | +$130K |
|
3143
JPMorgan Active Growth ETF
JGRO
$10B
| $1.33M | ﹤0.01% |
14,207
-16,270
| -53% | -$1.45M |
|
3144
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$146M
| $1.33M | ﹤0.01% |
+44,270
| New | +$1.2M |
|
3145
CALL
Byrna Technologies
BYRN
$82.5M
| $1.33M | ﹤0.01% |
60,000
+30,000
| +100% | +$666K |
|
3146
Invesco S&P 500 Low Volatility ETF
SPLV
$7.04B
| $1.33M | ﹤0.01% |
18,091
-31,508
| -64% | -$2.3M |
|
|
FSP
3147
Franklin Street Properties
FSP
$43.2M
| $1.33M | ﹤0.01% |
830,083
+214,970
| +35% | +$356K |
|
3148
Savara
SVRA
$1.15B
| $1.33M | ﹤0.01% |
372,025
+292,312
| +367% | +$864K |
|
3149
Universal Display
OLED
$3.88B
| $1.33M | ﹤0.01% |
9,237
-3,784
| -29% | -$550K |
|
3150
Lionsgate Studios
LION
$3.41B
| $1.33M | ﹤0.01% |
192,137
-1,098,968
| -85% | -$7.07M |
|
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.