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 | |
|---|---|---|---|---|---|---|
3876
PUT
Joby Aviation
JOBY
$7.14B
| $381K | ﹤0.01% |
+23,600
| New | +$358K |
|
3877
CALL
Transcat
TRNS
$825M
| $381K | ﹤0.01% |
+5,200
| New | +$419K |
|
3878
PUT
Robert Half
RHI
$4.6B
| $381K | ﹤0.01% |
11,200
+3,200
| +40% | +$120K |
|
3879
PUT
Remitly
RELY
$5.55B
| $380K | ﹤0.01% |
+23,300
| New | +$418K |
|
3880
Penske Automotive Group
PAG
$14.4B
| $380K | ﹤0.01% |
2,183
-8,352
| -79% | -$1.49M |
|
3881
PUT
Copart
CPRT
$30.9B
| $378K | ﹤0.01% |
+8,400
| New | +$396K |
|
3882
Ingersoll Rand
IR
$30.5B
| $376K | ﹤0.01% |
4,553
-97,408
| -96% | -$7.98M |
|
3883
MacroGenics
MGNX
$266M
| $373K | ﹤0.01% |
222,200
+121,689
| +121% | +$197K |
|
3884
Global X Blockchain ETF
BKCH
$282M
| $373K | ﹤0.01% |
+4,319
| New | +$278K |
|
3885
Putnam Focused Large Cap Value ETF
PVAL
$14.1B
| $373K | ﹤0.01% |
8,721
-10,224
| -54% | -$423K |
|
3886
PUT
Factset
FDS
$10.5B
| $372K | ﹤0.01% |
+1,300
| New | +$497K |
|
3887
LSB Industries
LXU
$740M
| $372K | ﹤0.01% |
47,224
-18,172
| -28% | -$147K |
|
3888
Monte Rosa Therapeutics
GLUE
$1.24B
| $372K | ﹤0.01% |
+50,213
| New | +$266K |
|
3889
United Bankshares
UBSI
$6.46B
| $371K | ﹤0.01% |
9,967
-6,230
| -38% | -$232K |
|
3890
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$261M
| $367K | ﹤0.01% |
6,206
-1,900
| -23% | -$111K |
|
|
DOYU
3891
DouYu International Holdings
DOYU
$128M
| $367K | ﹤0.01% |
48,778
+18,257
| +60% | +$143K |
|
3892
Global Net Lease
GNL
$2.14B
| $367K | ﹤0.01% |
45,088
-145,853
| -76% | -$1.11M |
|
3893
PUT
Dutch Bros
BROS
$7.05B
| $366K | ﹤0.01% |
7,000
-55,100
| -89% | -$3.48M |
|
3894
Carlyle Group
CG
$17.4B
| $365K | ﹤0.01% |
+5,822
| New | +$364K |
|
3895
Telesat
TSAT
$645M
| $363K | ﹤0.01% |
+13,694
| New | +$326K |
|
3896
CALL
Liberty Energy
LBRT
$3B
| $363K | ﹤0.01% |
29,400
| – | – |
|
|
SAFE
3897
PUT
Safehold
SAFE
$1.1B
| $362K | ﹤0.01% |
23,400
-21,500
| -48% | -$332K |
|
3898
Petco
WOOF
$788M
| $362K | ﹤0.01% |
+93,615
| New | +$313K |
|
3899
Rhythm Pharmaceuticals
RYTM
$7.8B
| $362K | ﹤0.01% |
3,585
-20,693
| -85% | -$1.92M |
|
3900
New Mountain Finance
NMFC
$719M
| $361K | ﹤0.01% |
37,451
+21,944
| +142% | +$228K |
|
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.