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 | |
|---|---|---|---|---|---|---|
3176
AerSale
ASLE
$271M
| $1.28M | ﹤0.01% |
156,371
+84,806
| +119% | +$639K |
|
3177
Pulmonx
LUNG
$106M
| $1.28M | ﹤0.01% |
789,249
+299,369
| +61% | +$626K |
|
3178
iShares MSCI South Africa ETF
EZA
$594M
| $1.28M | ﹤0.01% |
19,913
-27,366
| -58% | -$1.57M |
|
3179
ALPS Clean Energy ETF
ACES
$114M
| $1.28M | ﹤0.01% |
39,932
-2,303
| -5% | -$66.2K |
|
3180
Amplify Blockchain Technology ETF
BLOK
$1.14B
| $1.27M | ﹤0.01% |
19,010
-2,028
| -10% | -$123K |
|
3181
Liquidity Services
LQDT
$1.31B
| $1.27M | ﹤0.01% |
46,398
+14,773
| +47% | +$380K |
|
3182
CALL
Hallador Energy
HNRG
$784M
| $1.27M | ﹤0.01% |
+64,900
| New | +$1.12M |
|
|
QUMSU
3183
Quantumsphere Acquisition Corp Units
QUMSU
| $1.27M | ﹤0.01% |
+125,000
| New | +$1.26M |
|
3184
Bioventus
BVS
$948M
| $1.26M | ﹤0.01% |
188,892
+118,450
| +168% | +$822K |
|
3185
Mueller Water Products
MWA
$3.85B
| $1.26M | ﹤0.01% |
49,417
-9,485
| -16% | -$242K |
|
|
WBI
3186
WaterBridge Infrastructure LLC
WBI
$1.81B
| $1.26M | ﹤0.01% |
+50,000
| New | +$1.17M |
|
|
SFIX
3187
Stitch Fix
SFIX
$411M
| $1.26M | ﹤0.01% |
289,767
+105,536
| +57% | +$521K |
|
3188
PUT
GXO Logistics
GXO
$5.5B
| $1.26M | ﹤0.01% |
23,800
| – | – |
|
|
CHPG
3189
ChampionsGate Acquisition Corp
CHPG
| $1.26M | ﹤0.01% |
125,000
| – | – |
|
3190
CALL
Zoetis
ZTS
$31.1B
| $1.26M | ﹤0.01% |
+8,600
| New | +$1.3M |
|
3191
PUT
Prudential Financial
PRU
$41.5B
| $1.26M | ﹤0.01% |
12,100
-6,100
| -34% | -$642K |
|
3192
PUT
Warrior Met Coal
HCC
$5.74B
| $1.25M | ﹤0.01% |
19,700
| – | – |
|
3193
CALL
Fidelity National Information Services
FIS
$20.9B
| $1.25M | ﹤0.01% |
19,000
-21,000
| -53% | -$1.53M |
|
3194
CALL
STMicroelectronics
STM
$45.6B
| $1.25M | ﹤0.01% |
44,300
-9,300
| -17% | -$260K |
|
3195
Schwab US REIT ETF
SCHH
$11.3B
| $1.25M | ﹤0.01% |
57,941
-39,585
| -41% | -$844K |
|
3196
CALL
SharkNinja
SN
$27B
| $1.25M | ﹤0.01% |
12,100
+1,000
| +9% | +$114K |
|
3197
Crown Holdings
CCK
$12.9B
| $1.25M | ﹤0.01% |
12,910
-73,169
| -85% | -$7.34M |
|
3198
Pricesmart
PSMT
$5.3B
| $1.25M | ﹤0.01% |
10,286
-16,447
| -62% | -$1.82M |
|
3199
CALL
Clear Secure
YOU
$4.56B
| $1.25M | ﹤0.01% |
37,300
+24,800
| +198% | +$822K |
|
3200
Dianthus Therapeutics
DNTH
$6.19B
| $1.24M | ﹤0.01% |
+31,614
| New | +$808K |
|
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.