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 | |
|---|---|---|---|---|---|---|
1701
PUT
Take-Two Interactive
TTWO
$43.7B
| $8.68M | ﹤0.01% |
33,600
-87,200
| -72% | -$20.6M |
|
1702
BJ's Restaurants
BJRI
$1.42B
| $8.68M | ﹤0.01% |
284,192
-151,431
| -35% | -$5.4M |
|
1703
CareDx
CDNA
$2.64B
| $8.64M | ﹤0.01% |
594,491
-20,883
| -3% | -$298K |
|
1704
PUT
Molina Healthcare
MOH
$10.6B
| $8.63M | ﹤0.01% |
+45,100
| New | +$8.3M |
|
1705
VICI Properties
VICI
$28.6B
| $8.61M | ﹤0.01% |
264,144
+208,200
| +372% | +$6.86M |
|
1706
PUT
Shake Shack
SHAK
$2.95B
| $8.61M | ﹤0.01% |
92,000
+69,000
| +300% | +$7.93M |
|
|
ILPT
1707
Industrial Logistics Properties Trust
ILPT
$563M
| $8.6M | ﹤0.01% |
1,475,644
+99,340
| +7% | +$572K |
|
1708
Tanger
SKT
$4.37B
| $8.56M | ﹤0.01% |
252,876
-70,190
| -22% | -$2.29M |
|
1709
Yelp
YELP
$1.23B
| $8.56M | ﹤0.01% |
274,252
-61,491
| -18% | -$2.02M |
|
1710
PJT Partners
PJT
$4.47B
| $8.55M | ﹤0.01% |
48,129
+37,511
| +353% | +$6.75M |
|
|
CYBR
1711
CALL
DELISTED
CyberArk
CYBR
| $8.55M | ﹤0.01% |
17,700
+10,500
| +146% | +$4.51M |
|
1712
ACV Auctions
ACVA
$1.24B
| $8.55M | ﹤0.01% |
+862,890
| New | +$11M |
|
1713
PUT
HF Sinclair
DINO
$17.2B
| $8.51M | ﹤0.01% |
162,600
+65,000
| +67% | +$3.08M |
|
|
SOCA
1714
Solarius Capital Acquisition Corp
SOCA
$243M
| $8.5M | ﹤0.01% |
+853,875
| New | +$8.52M |
|
1715
AES
AES
$10.5B
| $8.43M | ﹤0.01% |
640,946
-1,856,386
| -74% | -$24.1M |
|
1716
CALL
Cardinal Health
CAH
$55.4B
| $8.41M | ﹤0.01% |
53,600
+20,500
| +62% | +$3.17M |
|
1717
CNA Financial
CNA
$13.4B
| $8.41M | ﹤0.01% |
181,008
+176,150
| +3,626% | +$8.17M |
|
1718
TG Therapeutics
TGTX
$8.42B
| $8.38M | ﹤0.01% |
232,023
+113,886
| +96% | +$3.75M |
|
1719
PUT
AbbVie
ABBV
$465B
| $8.38M | ﹤0.01% |
36,200
-37,900
| -51% | -$7.72M |
|
1720
Alamos Gold
AGI
$15.7B
| $8.32M | ﹤0.01% |
238,614
+137,320
| +136% | +$3.93M |
|
1721
Evolus
EOLS
$580M
| $8.32M | ﹤0.01% |
1,354,395
+396,654
| +41% | +$3.09M |
|
1722
ASE Group
ASX
$97B
| $8.3M | ﹤0.01% |
748,846
-144,309
| -16% | -$1.51M |
|
1723
Scotiabank
BNS
$114B
| $8.29M | ﹤0.01% |
128,305
+86,015
| +203% | +$5.07M |
|
1724
Roivant Sciences
ROIV
$26.5B
| $8.29M | ﹤0.01% |
548,059
+464,375
| +555% | +$5.75M |
|
1725
News Corp Class A
NWSA
$16.6B
| $8.28M | ﹤0.01% |
269,692
-88,272
| -25% | -$2.62M |
|
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.