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 | |
|---|---|---|---|---|---|---|
1326
Veralto
VLTO
$24.1B
| $14M | 0.01% |
131,471
-156,326
| -54% | -$16.5M |
|
1327
Dover
DOV
$27.2B
| $14M | 0.01% |
83,940
+79,157
| +1,655% | +$14.2M |
|
1328
CALL
Capital One
COF
$133B
| $14M | 0.01% |
65,800
+45,500
| +224% | +$9.96M |
|
|
NTST
1329
NETSTREIT Corp
NTST
$2.09B
| $14M | 0.01% |
773,355
+668,299
| +636% | +$12.1M |
|
1330
Simmons First National
SFNC
$3.28B
| $14M | 0.01% |
727,834
+640,714
| +735% | +$12.8M |
|
1331
CALL
Vertex Pharmaceuticals
VRTX
$140B
| $13.9M | 0.01% |
35,600
+32,000
| +889% | +$13.4M |
|
1332
AutoZone
AZO
$49.4B
| $13.9M | 0.01% |
3,246
-4,169
| -56% | -$16.7M |
|
1333
Globalstar
GSAT
$10.6B
| $13.9M | 0.01% |
382,261
+89,830
| +31% | +$2.57M |
|
1334
CALL
Powell Industries
POWL
$6.93B
| $13.9M | 0.01% |
136,800
+119,100
| +673% | +$10.1M |
|
1335
KKR & Co
KKR
$96.6B
| $13.9M | 0.01% |
106,860
+80,771
| +310% | +$11.5M |
|
1336
Varex Imaging
VREX
$780M
| $13.9M | 0.01% |
1,118,773
+181,083
| +19% | +$1.8M |
|
1337
Amphastar Pharmaceuticals
AMPH
$935M
| $13.8M | 0.01% |
517,222
+223,294
| +76% | +$5.77M |
|
1338
Jackson Financial
JXN
$8.92B
| $13.8M | 0.01% |
135,893
-70,777
| -34% | -$6.61M |
|
|
BCAR
1339
D. Boral ARC Acquisition I Corp
BCAR
$226M
| $13.7M | 0.01% |
+1,385,950
| New | +$13.7M |
|
1340
Vital Farms
VITL
$477M
| $13.7M | 0.01% |
+332,869
| New | +$14.5M |
|
1341
Kinder Morgan
KMI
$68.9B
| $13.7M | 0.01% |
483,013
-51,722
| -10% | -$1.42M |
|
1342
PUT
PVH
PVH
$3.44B
| $13.7M | 0.01% |
163,100
-11,500
| -7% | -$903K |
|
1343
Collegium Pharmaceutical
COLL
$852M
| $13.6M | 0.01% |
389,775
+185,850
| +91% | +$6.46M |
|
1344
Commault Systems
CVLT
$5.44B
| $13.6M | 0.01% |
72,110
+65,668
| +1,019% | +$11.8M |
|
1345
Nomad Foods
NOMD
$1.66B
| $13.6M | 0.01% |
1,034,851
+589,861
| +133% | +$9.24M |
|
1346
CALL
eBay
EBAY
$47.2B
| $13.6M | 0.01% |
149,600
+132,100
| +755% | +$11.7M |
|
1347
CALL
Wayfair
W
$14.3B
| $13.6M | 0.01% |
152,300
+16,700
| +12% | +$1.22M |
|
1348
Realty Income
O
$59.5B
| $13.6M | 0.01% |
223,671
+126,770
| +131% | +$7.39M |
|
1349
ManpowerGroup
MAN
$2.89B
| $13.6M | 0.01% |
358,106
-347,629
| -49% | -$14.3M |
|
1350
PUT
Warner Bros
WBD
$72.5B
| $13.6M | 0.01% |
694,400
+101,700
| +17% | +$1.39M |
|
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.