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 |
GE Vernova
GEV
|
+$686M |
| 2 |
Walt Disney
DIS
|
+$555M |
| 3 |
Palantir
PLTR
|
+$522M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$493M |
| 5 |
TSMC
TSM
|
+$464M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$981M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$951M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$596M |
| 4 |
Eli Lilly
LLY
|
+$555M |
| 5 |
Arthur J. Gallagher & Co
AJG
|
+$499M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.18% |
| 2 | Healthcare | 9.91% |
| 3 | Consumer Discretionary | 9.25% |
| 4 | Financials | 6.45% |
| 5 | Industrials | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PCG.PRX
401
PG&E Corp 6.000% Series A Preferred Stock
PCG.PRX
$1.37B
| $58.4M | 0.05% |
1,325,000
-275,000
| -17% | -$11.8M |
|
402
LPL Financial
LPLA
$28.5B
| $58.3M | 0.05% |
178,183
-6,375
| -3% | -$2.22M |
|
403
PUT
Affirm
AFRM
$25.8B
| $58.2M | 0.05% |
1,286,900
-858,400
| -40% | -$50.9M |
|
404
CALL
Shopify
SHOP
$192B
| $57.6M | 0.05% |
603,400
+66,800
| +12% | +$7.28M |
|
405
CALL
Bank of Montreal
BMO
$122B
| $56.5M | 0.05% |
591,100
-214,100
| -27% | -$21.2M |
|
406
Upstart Holdings
UPST
$2.95B
| $56.3M | 0.05% |
1,223,923
-2,063,836
| -63% | -$128M |
|
407
Pacira BioSciences
PCRX
$983M
| $56.3M | 0.05% |
2,263,909
+6,435
| +0.3% | +$154K |
|
408
CALL
Broadcom
AVGO
$1.75T
| $56.1M | 0.05% |
335,200
-359,400
| -52% | -$76.1M |
|
409
Insmed
INSM
$27.5B
| $56.1M | 0.05% |
734,880
+226,093
| +44% | +$17.3M |
|
410
Monster Beverage
MNST
$93.6B
| $56M | 0.05% |
1,915,568
+1,779,798
| +1,311% | +$46.4M |
|
411
CALL
United Airlines
UAL
$36.7B
| $55.9M | 0.05% |
810,000
-225,100
| -22% | -$21.3M |
|
412
PUT
JPMorgan Chase
JPM
$935B
| $55.8M | 0.05% |
227,600
-111,400
| -33% | -$28.4M |
|
413
CALL
McDonald's
MCD
$192B
| $55.7M | 0.05% |
178,400
-227,400
| -56% | -$68M |
|
414
Cencora
COR
$60.7B
| $55.2M | 0.05% |
198,662
-8,709
| -4% | -$2.19M |
|
415
PUT
Canadian Imperial Bank of Commerce
CM
$106B
| $55.1M | 0.05% |
980,100
-70,000
| -7% | -$4.22M |
|
416
Yum! Brands
YUM
$41.8B
| $54.6M | 0.05% |
+347,279
| New | +$50M |
|
417
Zoetis
ZTS
$32.1B
| $54.5M | 0.05% |
331,269
+42,574
| +15% | +$7.08M |
|
418
PUT
Bristol-Myers Squibb
BMY
$137B
| $54.4M | 0.05% |
892,500
-1,930,600
| -68% | -$113M |
|
419
Comfort Systems
FIX
$58.3B
| $54.4M | 0.05% |
168,785
+84,882
| +101% | +$34.2M |
|
420
PUT
Delta Air Lines
DAL
$54.2B
| $54.1M | 0.05% |
1,240,600
+397,000
| +47% | +$23.5M |
|
421
Sibanye-Stillwater
SBSW
$8.9B
| $54.1M | 0.05% |
11,802,484
+5,260,627
| +80% | +$19.9M |
|
422
CALL
CVS Health
CVS
$119B
| $54M | 0.05% |
796,400
+136,000
| +21% | +$8.14M |
|
423
PUT
DoorDash
DASH
$96.8B
| $53.6M | 0.05% |
293,200
-70,700
| -19% | -$13.3M |
|
424
PUT
Amgen
AMGN
$238B
| $53.4M | 0.05% |
171,500
-4,500
| -3% | -$1.33M |
|
425
CALL
Walmart Inc
WMT
$825B
| $53.2M | 0.05% |
605,600
-196,000
| -24% | -$18.4M |
|
Similar funds
David Shaw's Q1 2025 Portfolio in Review
As of Q1 2025, David Shaw held 4,902 positions worth $112B, down 18% from $136B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
David Shaw withdrew a net $21.6B in Q1 2025, closing 704 positions and reducing 1,734 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $951M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, David Shaw opened a new position in KKR & Co 6.25% Series D Preferred Stock worth $88.2M.
- David Shaw's largest Q1 2025 buy was KKR & Co 6.25% Series D Preferred Stock: 1,800,000 shares worth $88.2M.
- David Shaw added most to GE Vernova in Q1 2025, an estimated $686M increase.
- David Shaw's biggest Q1 2025 reduction was Boeing, cutting an estimated $981M.
- David Shaw fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $951M.
- David Shaw's ten largest holdings make up 11% of its $112B portfolio in Q1 2025.
- David Shaw opened 569 new positions and closed 704 in Q1 2025.
- David Shaw's portfolio value fell 18% quarter-over-quarter to $112B.
Based on D.E. Shaw & Co's 13F filing for Q1 2025, filed 15 May 2025.