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 | |
|---|---|---|---|---|---|---|
1901
Corteva
CTVA
$55.3B
| $6.44M | ﹤0.01% |
95,165
+90,194
| +1,814% | +$6.54M |
|
1902
CALL
CNX Resources
CNX
$5.33B
| $6.42M | ﹤0.01% |
+200,000
| New | +$6.13M |
|
1903
PUT
The Mosaic Company
MOS
$7.68B
| $6.42M | ﹤0.01% |
185,100
-151,900
| -45% | -$5.23M |
|
1904
Fox Factory Holding Corp
FOXF
$885M
| $6.41M | ﹤0.01% |
263,802
-291,752
| -53% | -$8.22M |
|
1905
ATN International
ATNI
$472M
| $6.39M | ﹤0.01% |
426,791
-6,223
| -1% | -$103K |
|
1906
TripAdvisor
TRIP
$1.16B
| $6.38M | ﹤0.01% |
392,114
-198,169
| -34% | -$3.46M |
|
|
BLSH
1907
Bullish
BLSH
$5.02B
| $6.36M | ﹤0.01% |
+100,000
| New | +$6.13M |
|
1908
CALL
Innodata
INOD
$1.92B
| $6.36M | ﹤0.01% |
82,500
+46,200
| +127% | +$2.33M |
|
1909
CALL
Targa Resources
TRGP
$63B
| $6.35M | ﹤0.01% |
37,900
-10,700
| -22% | -$1.78M |
|
1910
PUT
Analog Devices
ADI
$180B
| $6.34M | ﹤0.01% |
25,800
+7,900
| +44% | +$1.9M |
|
1911
United Airlines
UAL
$37.3B
| $6.3M | ﹤0.01% |
65,334
+14,309
| +28% | +$1.38M |
|
1912
NovoCure
NVCR
$2.08B
| $6.29M | ﹤0.01% |
486,479
+465,923
| +2,267% | +$6.23M |
|
1913
Amdocs
DOX
$6.5B
| $6.28M | ﹤0.01% |
76,488
+57,296
| +299% | +$4.97M |
|
|
EB
1914
DELISTED
Eventbrite
EB
| $6.26M | ﹤0.01% |
2,484,277
-35,805
| -1% | -$93.5K |
|
1915
Hyster-Yale Materials Handling
HY
$622M
| $6.26M | ﹤0.01% |
169,808
+12,220
| +8% | +$477K |
|
1916
CALL
ZIM Integrated Shipping Services
ZIM
$3.33B
| $6.23M | ﹤0.01% |
460,000
+45,000
| +11% | +$683K |
|
1917
WEX
WEX
$6.77B
| $6.22M | ﹤0.01% |
39,500
-80,521
| -67% | -$13.3M |
|
1918
Caesars Entertainment
CZR
$6.04B
| $6.22M | ﹤0.01% |
230,199
+207,697
| +923% | +$5.63M |
|
|
TLN
1919
PUT
Talen Energy Corp
TLN
$14.7B
| $6.21M | ﹤0.01% |
14,600
+13,800
| +1,725% | +$4.99M |
|
1920
PUT
Amgen
AMGN
$238B
| $6.21M | ﹤0.01% |
22,000
-2,000
| -8% | -$580K |
|
1921
First Industrial Realty Trust
FR
$8.33B
| $6.21M | ﹤0.01% |
120,590
-181,148
| -60% | -$9.1M |
|
1922
Campbell Soup
CPB
$6.93B
| $6.19M | ﹤0.01% |
196,055
-426,655
| -69% | -$13.8M |
|
|
VMRK
1923
Vivmark Residential
VMRK
$26.7B
| $6.19M | ﹤0.01% |
95,636
+222
| +0.2% | +$14.5K |
|
1924
CALL
Autodesk
ADSK
$53.8B
| $6.16M | ﹤0.01% |
19,400
+5,600
| +41% | +$1.71M |
|
1925
CVR Energy
CVI
$4.02B
| $6.16M | ﹤0.01% |
168,927
+138,118
| +448% | +$4.13M |
|
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.