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 | |
|---|---|---|---|---|---|---|
|
EUAD
3826
Select STOXX Europe Aerospace & Defense ETF
EUAD
$1.19B
| $420K | ﹤0.01% |
8,938
-20,127
| -69% | -$866K |
|
3827
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.6B
| $418K | ﹤0.01% |
1,424
| – | – |
|
3828
CALL
WillScot Mobile Mini Holdings
WSC
$3.85B
| $418K | ﹤0.01% |
19,800
-6,600
| -25% | -$170K |
|
3829
Pacer Lunt Large Cap Alternator ETF
ALTL
$91.6M
| $418K | ﹤0.01% |
9,843
| – | – |
|
3830
First Trust Natural Gas ETF
FCG
$664M
| $417K | ﹤0.01% |
+17,765
| New | +$416K |
|
3831
Southern First Bancshares
SFST
$588M
| $416K | ﹤0.01% |
9,438
+1,743
| +23% | +$74.5K |
|
3832
Entrada Therapeutics
TRDA
$297M
| $415K | ﹤0.01% |
+71,548
| New | +$419K |
|
|
LINE
3833
CALL
Lineage Inc
LINE
$9.39B
| $413K | ﹤0.01% |
+10,700
| New | +$445K |
|
|
ONIT
3834
Onity Group
ONIT
$294M
| $413K | ﹤0.01% |
+10,342
| New | +$415K |
|
3835
Vanguard S&P 500 Growth ETF
VOOG
$26.7B
| $412K | ﹤0.01% |
+5,682
| New | +$393K |
|
|
PBPB
3836
DELISTED
Potbelly
PBPB
| $412K | ﹤0.01% |
+24,194
| New | +$328K |
|
3837
PUT
Alnylam Pharmaceuticals
ALNY
$32.1B
| $410K | ﹤0.01% |
+900
| New | +$366K |
|
3838
Walker & Dunlop
WD
$1.4B
| $410K | ﹤0.01% |
+4,900
| New | +$395K |
|
|
LINE
3839
PUT
Lineage Inc
LINE
$9.39B
| $410K | ﹤0.01% |
+10,600
| New | +$441K |
|
3840
FreightCar America
RAIL
$238M
| $408K | ﹤0.01% |
41,686
+27,286
| +189% | +$260K |
|
3841
Greif
GEF
$4.81B
| $407K | ﹤0.01% |
6,815
-3,416
| -33% | -$221K |
|
3842
loanDepot
LDI
$312M
| $407K | ﹤0.01% |
+132,639
| New | +$306K |
|
3843
CALL
indie Semiconductor
INDI
$837M
| $407K | ﹤0.01% |
100,000
| – | – |
|
3844
CALL
SentinelOne
S
$6.96B
| $407K | ﹤0.01% |
23,100
+5,000
| +28% | +$89.7K |
|
3845
Cavco Industries
CVCO
$4.52B
| $406K | ﹤0.01% |
699
-2,609
| -79% | -$1.28M |
|
3846
MBIA
MBI
$250M
| $404K | ﹤0.01% |
54,251
-4,291
| -7% | -$27.2K |
|
3847
Inspired Entertainment
INSE
$158M
| $404K | ﹤0.01% |
43,047
+12,493
| +41% | +$113K |
|
3848
Editas Medicine
EDIT
$504M
| $403K | ﹤0.01% |
116,179
+6,066
| +6% | +$16.9K |
|
3849
Xometry
XMTR
$5.03B
| $401K | ﹤0.01% |
+7,362
| New | +$319K |
|
3850
McGrath RentCorp
MGRC
$2.8B
| $400K | ﹤0.01% |
+3,407
| New | +$411K |
|
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.