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 | |
|---|---|---|---|---|---|---|
|
TE
3701
T1 Energy
TE
$1.37B
| $542K | ﹤0.01% |
248,742
-665,130
| -73% | -$1.06M |
|
3702
MillerKnoll
MLKN
$1.58B
| $542K | ﹤0.01% |
+30,561
| New | +$618K |
|
3703
PUT
Cogent Communications
CCOI
$506M
| $541K | ﹤0.01% |
14,100
+8,800
| +166% | +$367K |
|
|
ABX
3704
Abacus Global Management
ABX
$966M
| $541K | ﹤0.01% |
+94,348
| New | +$560K |
|
|
TSSI
3705
TSS Inc
TSSI
$240M
| $540K | ﹤0.01% |
29,815
-218,637
| -88% | -$4.37M |
|
3706
Privia Health
PRVA
$2.71B
| $540K | ﹤0.01% |
+21,673
| New | +$466K |
|
3707
Peoples Bancorp
PEBO
$1.42B
| $539K | ﹤0.01% |
17,960
-16,616
| -48% | -$504K |
|
|
EU
3708
enCore Energy
EU
$268M
| $539K | ﹤0.01% |
+167,770
| New | +$452K |
|
3709
Symbotic
SYM
$5.25B
| $538K | ﹤0.01% |
9,975
-408,367
| -98% | -$20.6M |
|
3710
Clarus
CLAR
$145M
| $538K | ﹤0.01% |
153,575
+20,124
| +15% | +$72.8K |
|
3711
Five Star Bancorp
FSBC
$1.1B
| $537K | ﹤0.01% |
16,678
-325
| -2% | -$10.2K |
|
|
BOW
3712
Bowhead Specialty Holdings
BOW
$1.11B
| $536K | ﹤0.01% |
19,840
-33,802
| -63% | -$1.06M |
|
3713
Pure Cycle
PCYO
$282M
| $536K | ﹤0.01% |
48,443
+4,023
| +9% | +$42K |
|
3714
Nokia
NOK
$57.8B
| $535K | ﹤0.01% |
+111,310
| New | +$503K |
|
3715
Fiverr
FVRR
$344M
| $535K | ﹤0.01% |
+21,921
| New | +$537K |
|
3716
Vaalco Energy
EGY
$602M
| $534K | ﹤0.01% |
+132,806
| New | +$512K |
|
3717
CALL
Carter's
CRI
$1.24B
| $531K | ﹤0.01% |
+18,800
| New | +$539K |
|
3718
South Plains Financial
SPFI
$823M
| $530K | ﹤0.01% |
13,704
+3,680
| +37% | +$144K |
|
3719
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.67B
| $530K | ﹤0.01% |
11,849
| – | – |
|
3720
LG Display
LPL
$3.38B
| $528K | ﹤0.01% |
+101,223
| New | +$421K |
|
|
PINC
3721
DELISTED
Premier
PINC
| $527K | ﹤0.01% |
18,968
-310,117
| -94% | -$7.49M |
|
3722
Dyne Therapeutics
DYN
$4.92B
| $526K | ﹤0.01% |
41,587
-467,353
| -92% | -$5.33M |
|
3723
Smith Douglas Homes
SDHC
$104M
| $526K | ﹤0.01% |
29,768
| – | – |
|
|
SLNO
3724
DELISTED
Soleno Therapeutics
SLNO
| $525K | ﹤0.01% |
7,766
-106,924
| -93% | -$7.93M |
|
3725
CALL
International Flavors & Fragrances
IFF
$22.2B
| $523K | ﹤0.01% |
+8,500
| New | +$584K |
|
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.