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 | |
|---|---|---|---|---|---|---|
876
PACCAR
PCAR
$68.4B
| $20M | 0.02% |
205,132
+90,144
| +78% | +$9.51M |
|
877
American Tower
AMT
$83.1B
| $19.9M | 0.02% |
91,678
+13,068
| +17% | +$2.56M |
|
878
Burlington
BURL
$20.8B
| $19.9M | 0.02% |
83,674
+39,617
| +90% | +$10.3M |
|
879
GDS Holdings
GDS
$6.36B
| $19.9M | 0.02% |
784,811
-792,013
| -50% | -$24M |
|
880
Old Dominion Freight Line
ODFL
$41.8B
| $19.9M | 0.02% |
120,015
+115,177
| +2,381% | +$20.9M |
|
|
FITB
881
Fifth Third Bancorp
FITB
$49.8B
| $19.8M | 0.02% |
505,490
+410,230
| +431% | +$17.3M |
|
882
Group 1 Automotive
GPI
$3.09B
| $19.8M | 0.02% |
51,755
-6,060
| -10% | -$2.66M |
|
883
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $19.7M | 0.02% |
243,491
-129,936
| -35% | -$11.6M |
|
884
PUT
Zillow
Z
$8.33B
| $19.7M | 0.02% |
287,800
-24,100
| -8% | -$1.84M |
|
885
Atmos Energy
ATO
$28.4B
| $19.7M | 0.02% |
127,603
-40,590
| -24% | -$5.92M |
|
886
CALL
Snowflake
SNOW
$112B
| $19.7M | 0.02% |
134,600
+8,200
| +6% | +$1.39M |
|
|
XYZ
887
CALL
Block Inc
XYZ
$48.9B
| $19.7M | 0.02% |
361,700
-174,900
| -33% | -$13.1M |
|
888
CALL
Nutrien
NTR
$35.5B
| $19.6M | 0.02% |
395,800
-80,900
| -17% | -$4.14M |
|
889
Huntington Ingalls Industries
HII
$11.6B
| $19.6M | 0.02% |
96,253
-279,619
| -74% | -$53.1M |
|
890
CALL
Verizon
VZ
$208B
| $19.6M | 0.02% |
432,400
-134,900
| -24% | -$5.62M |
|
891
CALL
Astera Labs
ALAB
$48.1B
| $19.6M | 0.02% |
328,400
+136,100
| +71% | +$12.6M |
|
892
Tetra Tech
TTEK
$9.44B
| $19.5M | 0.02% |
+666,692
| New | +$22.4M |
|
893
PUT
Intuitive Surgical
ISRG
$132B
| $19.4M | 0.02% |
39,200
+28,200
| +256% | +$15.6M |
|
894
CALL
TKO Group
TKO
$14.1B
| $19.4M | 0.02% |
126,900
+65,000
| +105% | +$9.93M |
|
895
MannKind Corp
MNKD
$1.31B
| $19.3M | 0.02% |
3,837,634
-431,429
| -10% | -$2.42M |
|
896
CALL
Live Nation Entertainment
LYV
$43B
| $19.3M | 0.02% |
147,800
+18,600
| +14% | +$2.54M |
|
897
iShares China Large-Cap ETF
FXI
$4.24B
| $19.3M | 0.02% |
537,833
+525,250
| +4,174% | +$17.8M |
|
898
CALL
Bristol-Myers Squibb
BMY
$137B
| $19.2M | 0.02% |
315,300
-187,200
| -37% | -$10.9M |
|
899
CALL
TransDigm Group
TDG
$66.3B
| $19.2M | 0.02% |
13,900
-800
| -5% | -$1.07M |
|
|
EXE
900
PUT
Expand Energy Corp
EXE
$22.3B
| $19.2M | 0.02% |
172,700
+120,900
| +233% | +$12.6M |
|
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.