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 | |
|---|---|---|---|---|---|---|
1301
Enerpac Tool Group
EPAC
$1.91B
| $14.8M | 0.01% |
360,173
+47,891
| +15% | +$1.93M |
|
1302
Agios Pharmaceuticals
AGIO
$2.02B
| $14.8M | 0.01% |
367,749
-228,453
| -38% | -$8.59M |
|
1303
CALL
Mettler-Toledo International
MTD
$28.1B
| $14.7M | 0.01% |
12,000
+7,000
| +140% | +$8.77M |
|
1304
Canadian Pacific Kansas City
CP
$82.9B
| $14.7M | 0.01% |
+197,500
| New | +$15.1M |
|
1305
Iron Mountain
IRM
$36B
| $14.7M | 0.01% |
144,039
-439,938
| -75% | -$42.4M |
|
1306
Illinois Tool Works
ITW
$80.2B
| $14.7M | 0.01% |
56,216
-109,634
| -66% | -$28.6M |
|
1307
Klaviyo
KVYO
$5.01B
| $14.6M | 0.01% |
528,575
-522,643
| -50% | -$16.9M |
|
1308
Evolv Technologies
EVLV
$956M
| $14.6M | 0.01% |
1,937,618
+1,194,521
| +161% | +$8.72M |
|
1309
Arrow Electronics
ARW
$10.3B
| $14.6M | 0.01% |
120,396
-98,874
| -45% | -$12.4M |
|
1310
CALL
Alnylam Pharmaceuticals
ALNY
$32.1B
| $14.5M | 0.01% |
31,900
+30,300
| +1,894% | +$12.3M |
|
|
EVAC
1311
EQV Ventures Acquisition Corp II
EVAC
$600M
| $14.5M | 0.01% |
+1,460,600
| New | +$14.5M |
|
1312
CALL
First Citizens BancShares
FCNCA
$24.4B
| $14.5M | 0.01% |
8,100
+1,000
| +14% | +$1.97M |
|
1313
Williams Companies
WMB
$86.9B
| $14.5M | 0.01% |
228,734
-262,452
| -53% | -$15.4M |
|
1314
PUT
PepsiCo
PEP
$194B
| $14.5M | 0.01% |
103,000
+68,400
| +198% | +$9.77M |
|
1315
Tencent Music
TME
$14.3B
| $14.4M | 0.01% |
618,683
+522,211
| +541% | +$12.1M |
|
1316
Assured Guaranty
AGO
$3.3B
| $14.4M | 0.01% |
170,542
+46,462
| +37% | +$3.86M |
|
1317
Omega Healthcare
OHI
$14.2B
| $14.4M | 0.01% |
341,526
+85,617
| +33% | +$3.45M |
|
1318
US Bancorp
USB
$97.2B
| $14.4M | 0.01% |
297,600
-991,194
| -77% | -$46.9M |
|
1319
Commerce Bancshares
CBSH
$8.35B
| $14.3M | 0.01% |
252,079
+215,939
| +598% | +$12.7M |
|
1320
CALL
Analog Devices
ADI
$181B
| $14.3M | 0.01% |
+58,000
| New | +$13.9M |
|
1321
Orion
OEC
$337M
| $14.2M | 0.01% |
1,879,308
+340,056
| +22% | +$3.44M |
|
1322
PUT
Deere & Co
DE
$170B
| $14.2M | 0.01% |
31,100
-1,000
| -3% | -$493K |
|
1323
Franklin Electric
FELE
$4.5B
| $14.2M | 0.01% |
149,134
-31,894
| -18% | -$3.02M |
|
1324
CMS Energy
CMS
$21.6B
| $14.2M | 0.01% |
193,791
-91,881
| -32% | -$6.6M |
|
1325
CALL
Group 1 Automotive
GPI
$3.16B
| $14.1M | 0.01% |
32,200
-2,400
| -7% | -$1.08M |
|
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.