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 | |
|---|---|---|---|---|---|---|
3201
PUT
Idaho Strategic Resources
IDR
$533M
| $1.24M | ﹤0.01% |
+36,700
| New | +$866K |
|
3202
Tiptree Inc
TIPT
$681M
| $1.24M | ﹤0.01% |
64,627
+4,007
| +7% | +$89.3K |
|
3203
Stoke Therapeutics
STOK
$2.12B
| $1.24M | ﹤0.01% |
52,613
+21,917
| +71% | +$376K |
|
3204
Sportradar
SRAD
$3.78B
| $1.23M | ﹤0.01% |
45,878
-556,520
| -92% | -$16.5M |
|
|
GEMI
3205
Gemini Space Station
GEMI
$633M
| $1.23M | ﹤0.01% |
+51,500
| New | +$1.33M |
|
3206
Southern Missouri Bancorp
SMBC
$816M
| $1.23M | ﹤0.01% |
23,462
+9,884
| +73% | +$551K |
|
3207
Fidelity National Financial
FNF
$12.8B
| $1.23M | ﹤0.01% |
20,381
-108,273
| -84% | -$6.29M |
|
|
TLN
3208
Talen Energy Corp
TLN
$14.6B
| $1.23M | ﹤0.01% |
2,894
+800
| +38% | +$289K |
|
|
MRC
3209
DELISTED
MRC Global
MRC
| $1.23M | ﹤0.01% |
85,295
-47,584
| -36% | -$677K |
|
3210
Telecom Argentina
TEO
$5.66B
| $1.23M | ﹤0.01% |
168,814
+107,670
| +176% | +$932K |
|
3211
Clover Health Investments
CLOV
$2.29B
| $1.23M | ﹤0.01% |
400,908
+353,949
| +754% | +$1.01M |
|
|
XHR
3212
Xenia Hotels & Resorts
XHR
$1.79B
| $1.23M | ﹤0.01% |
+89,405
| New | +$1.21M |
|
3213
Vitamin Cottage Natural Grocers
NGVC
$625M
| $1.23M | ﹤0.01% |
30,663
+20,747
| +209% | +$801K |
|
|
FISV
3214
PUT
Fiserv Inc
FISV
$27.9B
| $1.22M | ﹤0.01% |
9,500
+5,200
| +121% | +$745K |
|
3215
RLJ Lodging Trust
RLJ
$1.76B
| $1.22M | ﹤0.01% |
+169,887
| New | +$1.28M |
|
|
GRDN
3216
Guardian Pharmacy Services
GRDN
$2.37B
| $1.22M | ﹤0.01% |
+46,548
| New | +$1.11M |
|
|
AAT
3217
American Assets Trust
AAT
$1.39B
| $1.22M | ﹤0.01% |
59,966
-22,526
| -27% | -$454K |
|
|
ONL
3218
Orion Office REIT
ONL
$160M
| $1.21M | ﹤0.01% |
448,869
+17,319
| +4% | +$46.3K |
|
|
3219
CALL
Sportradar
SRAD
$3.78B
| $1.21M | ﹤0.01% |
45,000
-3,900
| -8% | -$116K |
|
|
3220
PUT
Sportradar
SRAD
$3.78B
| $1.21M | ﹤0.01% |
45,000
| – | – |
|
3221
Dream Finders Homes
DFH
$1.31B
| $1.21M | ﹤0.01% |
46,600
+212
| +0.5% | +$5.82K |
|
3222
Gulfport Energy Corp
GPOR
$3.05B
| $1.21M | ﹤0.01% |
6,666
-26,079
| -80% | -$4.54M |
|
3223
Talos Energy
TALO
$2.8B
| $1.21M | ﹤0.01% |
+125,771
| New | +$1.13M |
|
3224
Krystal Biotech
KRYS
$10.7B
| $1.2M | ﹤0.01% |
6,814
-4,913
| -42% | -$735K |
|
3225
CALL
FTAI Aviation
FTAI
$20.4B
| $1.2M | ﹤0.01% |
7,200
-42,500
| -86% | -$6.04M |
|
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.