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 | Technology | 19.25% |
| 2 | Consumer Discretionary | 7.51% |
| 3 | Financials | 7.11% |
| 4 | Healthcare | 6.95% |
| 5 | Industrials | 6.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
Pfizer
PFE
$160B
| $134M | 0.08% |
5,265,400
+835,600
| +19% | +$20.6M |
|
302
PTC Therapeutics
PTCT
$5.83B
| $133M | 0.08% |
2,174,608
-263,089
| -11% | -$13.7M |
|
303
PUT
ServiceNow
NOW
$133B
| $133M | 0.08% |
723,500
+359,000
| +98% | +$67.1M |
|
|
304
PUT
Pfizer
PFE
$160B
| $133M | 0.08% |
5,222,300
+497,600
| +11% | +$12.3M |
|
305
Peloton Interactive
PTON
$2.37B
| $132M | 0.07% |
14,663,610
+4,295,010
| +41% | +$32M |
|
306
Ford
F
$57.5B
| $132M | 0.07% |
11,006,298
+7,837,912
| +247% | +$90.3M |
|
307
CALL
Snowflake
SNOW
$115B
| $131M | 0.07% |
582,600
+202,600
| +53% | +$43.5M |
|
308
PUT
JD.com
JD
$39.7B
| $131M | 0.07% |
3,733,200
+1,572,300
| +73% | +$51.2M |
|
309
Reddit
RDDT
$29.5B
| $130M | 0.07% |
566,779
-699,221
| -55% | -$143M |
|
310
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $130M | 0.07% |
535,000
-372,000
| -41% | -$77.9M |
|
311
PUT
Royal Bank of Canada
RY
$285B
| $130M | 0.07% |
882,100
-10,000
| -1% | -$1.38M |
|
312
Onto Innovation
ONTO
$17.9B
| $130M | 0.07% |
1,002,810
+8,808
| +0.9% | +$943K |
|
313
CALL
Wells Fargo
WFC
$254B
| $129M | 0.07% |
1,538,300
-431,400
| -22% | -$35M |
|
314
BellRing Brands
BRBR
$1.18B
| $129M | 0.07% |
3,539,025
-985,514
| -22% | -$44.5M |
|
315
Danaher
DHR
$154B
| $129M | 0.07% |
648,602
-650,364
| -50% | -$129M |
|
316
Corebridge Financial
CRBG
$14.2B
| $128M | 0.07% |
4,001,710
+3,138,122
| +363% | +$107M |
|
|
NBIS
317
Nebius Group N.V.
NBIS
$59.6B
| $128M | 0.07% |
1,140,335
-803,634
| -41% | -$55.8M |
|
318
CALL
Roblox
RBLX
$27.4B
| $127M | 0.07% |
917,200
+214,000
| +30% | +$26.6M |
|
319
PUT
Qualcomm
QCOM
$169B
| $125M | 0.07% |
750,500
-184,900
| -20% | -$29.3M |
|
320
argenx
ARGX
$65B
| $125M | 0.07% |
169,028
+31,064
| +23% | +$20.5M |
|
321
PUT
Hims & Hers Health
HIMS
$7.88B
| $124M | 0.07% |
2,179,600
+1,104,600
| +103% | +$56.6M |
|
|
GTLS.PRB
322
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
| $123M | 0.07% |
1,724,700
+997,700
| +137% | +$68.4M |
|
323
Globant
GLOB
$1.71B
| $122M | 0.07% |
2,131,646
+1,606,162
| +306% | +$118M |
|
324
Enphase Energy
ENPH
$5.1B
| $121M | 0.07% |
3,410,172
-106,426
| -3% | -$3.95M |
|
|
GAP
325
The Gap Inc
GAP
$7.13B
| $120M | 0.07% |
5,609,357
+3,777,819
| +206% | +$81.7M |
|
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 $15.2B 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 Technology at 19% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Financials.
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.