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 | |
|---|---|---|---|---|---|---|
3976
Vontier
VNT
$4.48B
| $308K | ﹤0.01% |
7,329
-485,184
| -99% | -$20M |
|
3977
Synaptics
SYNA
$3.66B
| $308K | ﹤0.01% |
4,500
-7,875
| -64% | -$536K |
|
3978
CALL
Asana
ASAN
$2.2B
| $307K | ﹤0.01% |
23,000
| – | – |
|
3979
Matrix Service
MTRX
$302M
| $307K | ﹤0.01% |
23,443
+4,370
| +23% | +$62.1K |
|
|
DHIL
3980
DELISTED
Diamond Hill
DHIL
| $306K | ﹤0.01% |
2,186
-938
| -30% | -$137K |
|
3981
State Street SPDR S&P Global Infrastructure ETF
GII
$944M
| $304K | ﹤0.01% |
4,363
| – | – |
|
3982
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.89B
| $302K | ﹤0.01% |
8,280
-1,775
| -18% | -$62.7K |
|
3983
KE Holdings
BEKE
$19.7B
| $302K | ﹤0.01% |
15,895
-27,421
| -63% | -$514K |
|
3984
PUT
Targa Resources
TRGP
$62.8B
| $302K | ﹤0.01% |
1,800
-1,600
| -47% | -$267K |
|
3985
CALL
Trip.com Group
TCOM
$28.9B
| $301K | ﹤0.01% |
+4,000
| New | +$267K |
|
3986
PUT
eBay
EBAY
$47.4B
| $300K | ﹤0.01% |
+3,300
| New | +$292K |
|
3987
Karat Packaging
KRT
$969M
| $300K | ﹤0.01% |
11,893
+715
| +6% | +$18.8K |
|
3988
CALL
Procept Biorobotics
PRCT
$1.23B
| $300K | ﹤0.01% |
+8,400
| New | +$384K |
|
3989
PUT
WillScot Mobile Mini Holdings
WSC
$3.97B
| $300K | ﹤0.01% |
+14,200
| New | +$366K |
|
3990
Global X Cybersecurity ETF
BUG
$1.43B
| $299K | ﹤0.01% |
+8,507
| New | +$295K |
|
3991
First Mid Bancshares
FMBH
$1.33B
| $299K | ﹤0.01% |
7,900
-586
| -7% | -$22.9K |
|
3992
SoundThinking
SSTI
$80M
| $299K | ﹤0.01% |
24,775
+2,064
| +9% | +$25.6K |
|
3993
Columbia Research Enhanced Core ETF
RECS
$6.01B
| $299K | ﹤0.01% |
+7,400
| New | +$285K |
|
3994
AudioCodes
AUDC
$237M
| $299K | ﹤0.01% |
31,359
-93,065
| -75% | -$914K |
|
3995
OmniAb
OABI
$685M
| $298K | ﹤0.01% |
+186,281
| New | +$340K |
|
3996
Kennametal
KMT
$2.22B
| $298K | ﹤0.01% |
14,228
-99,101
| -87% | -$2.23M |
|
3997
PUT
Shoals Technologies Group
SHLS
$1.17B
| $296K | ﹤0.01% |
40,000
| – | – |
|
3998
CALL
Triumph Financial Inc
TFIN
$1.76B
| $295K | ﹤0.01% |
+5,900
| New | +$348K |
|
3999
Skyworks Solutions
SWKS
$9.5B
| $295K | ﹤0.01% |
3,831
-147,176
| -97% | -$11M |
|
4000
PUT
Carpenter Technology
CRS
$24.2B
| $295K | ﹤0.01% |
1,200
-500
| -29% | -$128K |
|
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.