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 | |
|---|---|---|---|---|---|---|
151
CALL
Micron Technology
MU
$1.09T
| $247M | 0.14% |
1,478,100
-943,300
| -39% | -$121M |
|
152
ATI
ATI
$28.2B
| $246M | 0.14% |
3,027,102
-486,846
| -14% | -$39.5M |
|
153
SAP
SAP
$252B
| $246M | 0.14% |
+921,031
| New | +$259M |
|
154
Royal Bank of Canada
RY
$285B
| $239M | 0.13% |
1,621,402
+510,385
| +46% | +$70.4M |
|
155
PUT
Snowflake
SNOW
$115B
| $239M | 0.13% |
1,058,600
+140,600
| +15% | +$30.2M |
|
156
CALL
Eli Lilly
LLY
$1.12T
| $239M | 0.13% |
312,800
+97,300
| +45% | +$72.4M |
|
157
CALL
Strategy Inc
MSTR
$47.4B
| $238M | 0.13% |
739,700
+639,700
| +640% | +$237M |
|
|
BA.PRA
158
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$7.63B
| $238M | 0.13% |
3,417,174
+2,365,174
| +225% | +$171M |
|
159
Brinker International
EAT
$10.6B
| $237M | 0.13% |
1,868,614
+934,587
| +100% | +$146M |
|
160
PUT
Goldman Sachs
GS
$303B
| $236M | 0.13% |
296,700
+109,100
| +58% | +$80.8M |
|
161
Amer Sports
AS
$19B
| $234M | 0.13% |
6,745,848
-856,847
| -11% | -$32.3M |
|
162
Zoetis
ZTS
$32.1B
| $234M | 0.13% |
1,597,554
+829,910
| +108% | +$125M |
|
163
Coca-Cola
KO
$392B
| $234M | 0.13% |
3,524,072
+1,439,086
| +69% | +$99M |
|
164
Philip Morris
PM
$293B
| $232M | 0.13% |
1,431,328
+840,643
| +142% | +$141M |
|
|
EA
165
DELISTED
Electronic Arts
EA
| $231M | 0.13% |
1,145,761
-48,885
| -4% | -$8.09M |
|
166
PUT
Netflix
NFLX
$331B
| $229M | 0.13% |
1,911,000
+737,000
| +63% | +$90M |
|
167
Cheniere Energy
LNG
$57.3B
| $229M | 0.13% |
973,226
+307,731
| +46% | +$72.3M |
|
168
Colgate-Palmolive
CL
$72.6B
| $225M | 0.13% |
2,819,554
+1,025,651
| +57% | +$87.5M |
|
169
CALL
Uber
UBER
$161B
| $225M | 0.13% |
2,297,600
+590,700
| +35% | +$55.2M |
|
170
PUT
Robinhood
HOOD
$97.2B
| $223M | 0.13% |
1,555,100
-335,800
| -18% | -$36.6M |
|
171
PUT
First Solar
FSLR
$23B
| $222M | 0.13% |
1,008,300
+218,300
| +28% | +$41.9M |
|
172
PUT
Dell
DELL
$286B
| $221M | 0.12% |
1,559,400
+433,600
| +39% | +$56.3M |
|
173
CALL
SoFi Technologies
SOFI
$24.4B
| $219M | 0.12% |
8,297,900
+190,500
| +2% | +$4.52M |
|
174
Super Micro Computer
SMCI
$24.1B
| $218M | 0.12% |
4,552,290
+3,529,404
| +345% | +$169M |
|
175
PUT
Adobe
ADBE
$109B
| $216M | 0.12% |
611,600
+200,400
| +49% | +$71.9M |
|
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.