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 | |
|---|---|---|---|---|---|---|
1151
CALL
CAVA Group
CAVA
$8.09B
| $18.5M | 0.01% |
306,400
+183,700
| +150% | +$13.9M |
|
1152
Imperial Oil
IMO
$63.6B
| $18.5M | 0.01% |
203,840
-10,933
| -5% | -$945K |
|
1153
CALL
Wingstop
WING
$3.1B
| $18.4M | 0.01% |
73,100
+44,300
| +154% | +$13.8M |
|
1154
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $18.4M | 0.01% |
153,500
-270,472
| -64% | -$31M |
|
1155
Celcuity
CELC
$4.51B
| $18.4M | 0.01% |
+371,944
| New | +$14.9M |
|
1156
Snap-on
SNA
$20.4B
| $18.3M | 0.01% |
52,945
-13,032
| -20% | -$4.27M |
|
|
TPH
1157
DELISTED
Tri Pointe Homes
TPH
| $18.3M | 0.01% |
538,008
+227,751
| +73% | +$7.75M |
|
1158
Customers Bancorp
CUBI
$2.64B
| $18.3M | 0.01% |
279,435
-101,829
| -27% | -$6.7M |
|
1159
Neogen
NEOG
$2.54B
| $18.3M | 0.01% |
3,198,041
+967,737
| +43% | +$5.17M |
|
1160
Ardelyx
ARDX
$976M
| $18.3M | 0.01% |
3,313,050
+854,384
| +35% | +$4.64M |
|
1161
FMC
FMC
$1.4B
| $18.2M | 0.01% |
540,281
+503,540
| +1,371% | +$19.6M |
|
1162
CALL
Mastercard
MA
$525B
| $18.1M | 0.01% |
31,800
+19,200
| +152% | +$11M |
|
|
CRWV
1163
CoreWeave
CRWV
$48.6B
| $18.1M | 0.01% |
132,137
+49,924
| +61% | +$5.91M |
|
|
FTW
1164
Presidio Production Co
FTW
$354M
| $18M | 0.01% |
1,732,500
| – | – |
|
1165
Griffon
GFF
$4.59B
| $18M | 0.01% |
235,935
+91,498
| +63% | +$7.05M |
|
|
AAM
1166
DELISTED
AA Mission Acquisition Corp
AAM
| $18M | 0.01% |
1,707,750
| – | – |
|
1167
LegalZoom.com
LZ
$1.01B
| $17.9M | 0.01% |
1,729,138
+1,346,789
| +352% | +$13.4M |
|
|
IMSR
1168
Terrestrial Energy
IMSR
$591M
| $17.9M | 0.01% |
1,092,495
+122,495
| +13% | +$1.46M |
|
1169
Federal Signal
FSS
$7.36B
| $17.9M | 0.01% |
150,444
+140,014
| +1,342% | +$16.8M |
|
|
ANSC
1170
DELISTED
Agriculture & Natural Solutions Acquisition Corp
ANSC
| $17.9M | 0.01% |
1,638,750
| – | – |
|
1171
Protolabs
PRLB
$1.86B
| $17.9M | 0.01% |
357,163
-95,529
| -21% | -$4.38M |
|
1172
Stantec
STN
$8.26B
| $17.8M | 0.01% |
165,400
-33,400
| -17% | -$3.65M |
|
1173
CALL
Trade Desk
TTD
$6.23B
| $17.8M | 0.01% |
363,100
+100
| +0% | +$6.34K |
|
1174
CALL
PayPal
PYPL
$53.3B
| $17.8M | 0.01% |
265,000
-992,800
| -79% | -$70M |
|
1175
AstraZeneca
AZN
$263B
| $17.8M | 0.01% |
115,816
-836,656
| -88% | -$127M |
|
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.