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 | |
|---|---|---|---|---|---|---|
3476
LGI Homes
LGIH
$1.37B
| $801K | ﹤0.01% |
15,498
+6,454
| +71% | +$376K |
|
3477
Brixmor Property Group
BRX
$9.05B
| $801K | ﹤0.01% |
28,936
-29,764
| -51% | -$797K |
|
|
CVAC
3478
DELISTED
CureVac
CVAC
| $799K | ﹤0.01% |
148,284
-58,071
| -28% | -$314K |
|
3479
PUT
CACI
CACI
$13.5B
| $798K | ﹤0.01% |
1,600
| – | – |
|
3480
Waterstone Financial
WSBF
$378M
| $795K | ﹤0.01% |
50,955
-4,033
| -7% | -$57.8K |
|
3481
CALL
DoubleVerify
DV
$2.06B
| $793K | ﹤0.01% |
66,200
| – | – |
|
|
DMC
3482
Del Monte Corp
DMC
$1.5B
| $793K | ﹤0.01% |
22,836
-10,478
| -31% | -$371K |
|
3483
Future Fuel
FF
$236M
| $793K | ﹤0.01% |
204,298
-30,236
| -13% | -$119K |
|
3484
Mama's Creations
MAMA
$774M
| $790K | ﹤0.01% |
75,166
+11,526
| +18% | +$104K |
|
3485
CALL
Standex International
SXI
$3.69B
| $784K | ﹤0.01% |
+3,700
| New | +$699K |
|
3486
International General Insurance
IGIC
$1.15B
| $784K | ﹤0.01% |
33,789
+17,110
| +103% | +$410K |
|
3487
CALL
Zillow
ZG
$8.34B
| $782K | ﹤0.01% |
10,500
| – | – |
|
3488
CALL
RXO
RXO
$3.56B
| $780K | ﹤0.01% |
50,700
| – | – |
|
3489
PUT
Rio Tinto
RIO
$174B
| $779K | ﹤0.01% |
11,800
-5,300
| -31% | -$328K |
|
3490
Perion Network
PERI
$385M
| $778K | ﹤0.01% |
81,067
-92,651
| -53% | -$927K |
|
3491
CALL
Elastic
ESTC
$8.36B
| $777K | ﹤0.01% |
9,200
-13,800
| -60% | -$1.16M |
|
3492
PUT
PAR Technology
PAR
$801M
| $776K | ﹤0.01% |
+19,600
| New | +$1.08M |
|
3493
Pentair
PNR
$9.97B
| $775K | ﹤0.01% |
7,001
-100,748
| -94% | -$10.8M |
|
3494
PUT
3D Systems Corp
DDD
$535M
| $774K | ﹤0.01% |
267,000
| – | – |
|
3495
CALL
OSI Systems
OSIS
$3.25B
| $773K | ﹤0.01% |
3,100
| – | – |
|
3496
John B. Sanfilippo & Son
JBSS
$875M
| $772K | ﹤0.01% |
12,007
-1,074
| -8% | -$69.5K |
|
3497
CALL
Fluor
FLR
$6.86B
| $770K | ﹤0.01% |
18,300
+7,100
| +63% | +$327K |
|
3498
CEMIG Preferred Shares
CIG
$5.78B
| $769K | ﹤0.01% |
364,588
-156,488
| -30% | -$307K |
|
3499
CALL
Doximity
DOCS
$4.41B
| $768K | ﹤0.01% |
+10,500
| New | +$685K |
|
3500
CALL
iQIYI
IQ
$994M
| $768K | ﹤0.01% |
300,000
-1,000,000
| -77% | -$2.21M |
|
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.