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 | |
|---|---|---|---|---|---|---|
|
CIVI
1676
CALL
DELISTED
Civitas Resources
CIVI
| $8.93M | 0.01% |
274,900
+227,600
| +481% | +$7.28M |
|
1677
PUT
Mirion Technologies
MIR
$3.71B
| $8.93M | 0.01% |
384,000
| – | – |
|
|
OKLO
1678
PUT
Oklo
OKLO
$7.74B
| $8.93M | 0.01% |
+80,000
| New | +$6.26M |
|
|
FACT
1679
FACT II Acquisition Corp
FACT
$260M
| $8.92M | 0.01% |
866,244
| – | – |
|
1680
PUT
Lithia Motors
LAD
$8.14B
| $8.91M | 0.01% |
28,200
-300
| -1% | -$96.8K |
|
1681
UWM Holdings
UWMC
$2.34B
| $8.9M | 0.01% |
1,461,796
+762,292
| +109% | +$4M |
|
1682
EPR Properties
EPR
$4.6B
| $8.9M | 0.01% |
153,419
+40,585
| +36% | +$2.28M |
|
1683
CALL
Freeport-McMoran
FCX
$113B
| $8.9M | 0.01% |
226,900
+100,800
| +80% | +$4.37M |
|
1684
CALL
Insmed
INSM
$27.2B
| $8.89M | 0.01% |
+61,700
| New | +$7.56M |
|
1685
First Majestic Silver
AG
$10.3B
| $8.88M | 0.01% |
722,488
+120,225
| +20% | +$1.11M |
|
1686
ABM Industries
ABM
$2.8B
| $8.87M | 0.01% |
192,299
-1,125
| -0.6% | -$53.3K |
|
1687
Taysha Gene Therapies
TSHA
$1.96B
| $8.85M | 0.01% |
2,706,434
+2,304,925
| +574% | +$6.53M |
|
1688
PUT
AST SpaceMobile
ASTS
$18B
| $8.85M | 0.01% |
180,300
+130,000
| +258% | +$6.27M |
|
|
NTWO
1689
Newbury Street II Acquisition Corp
NTWO
$271M
| $8.84M | 0.01% |
853,875
| – | – |
|
1690
PUT
Kraft Heinz
KHC
$29.4B
| $8.84M | 0.01% |
339,400
+182,500
| +116% | +$4.96M |
|
1691
Goodyear
GT
$1.8B
| $8.8M | 0.01% |
1,176,052
+780,362
| +197% | +$7.34M |
|
1692
Transocean
RIG
$6.25B
| $8.79M | 0.01% |
2,818,326
-65,167
| -2% | -$197K |
|
|
TGB
1693
Trekor Metals
TGB
$3.38B
| $8.78M | 0.01% |
2,075,008
+687,797
| +50% | +$2.34M |
|
|
TVAI
1694
Thayer Ventures Acquisition Corporation II
TVAI
$282M
| $8.78M | 0.01% |
+875,000
| New | +$8.76M |
|
1695
Brookdale Senior Living
BKD
$2.91B
| $8.76M | ﹤0.01% |
1,033,792
+673,343
| +187% | +$5.13M |
|
1696
PUT
Whirlpool
WHR
$2.62B
| $8.75M | ﹤0.01% |
111,300
+26,200
| +31% | +$2.4M |
|
1697
Valmont Industries
VMI
$9.21B
| $8.74M | ﹤0.01% |
22,536
-46,211
| -67% | -$16.8M |
|
1698
XPEL
XPEL
$1.4B
| $8.73M | ﹤0.01% |
263,849
+50,315
| +24% | +$1.79M |
|
1699
Archer Aviation
ACHR
$4.54B
| $8.71M | ﹤0.01% |
909,177
-15,948,972
| -95% | -$158M |
|
1700
Rigel Pharmaceuticals
RIGL
$868M
| $8.68M | ﹤0.01% |
+306,489
| New | +$9.17M |
|
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.