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 | |
|---|---|---|---|---|---|---|
|
TIGR
2051
CALL
UP Fintech Holding
TIGR
$982M
| $5.34M | ﹤0.01% |
500,900
-19,100
| -4% | -$205K |
|
2052
Abbott
ABT
$197B
| $5.34M | ﹤0.01% |
39,842
+33,563
| +535% | +$4.41M |
|
2053
iShares MSCI Chile ETF
ECH
$1.06B
| $5.33M | ﹤0.01% |
161,793
-27,817
| -15% | -$886K |
|
2054
LKQ Corp
LKQ
$6.51B
| $5.32M | ﹤0.01% |
174,279
+143,566
| +467% | +$4.72M |
|
2055
Madison Square Garden
MSGS
$9.59B
| $5.32M | ﹤0.01% |
23,433
+19,637
| +517% | +$4.03M |
|
2056
Harmony Biosciences
HRMY
$2.31B
| $5.31M | ﹤0.01% |
192,627
-60,354
| -24% | -$2.08M |
|
2057
SiriusPoint
SPNT
$2.79B
| $5.3M | ﹤0.01% |
292,990
+38,432
| +15% | +$719K |
|
2058
CALL
Unilever
UL
$140B
| $5.3M | ﹤0.01% |
+79,467
| New | +$5.48M |
|
2059
Vipshop
VIPS
$6.7B
| $5.3M | ﹤0.01% |
269,629
-336,824
| -56% | -$5.59M |
|
2060
Abercrombie & Fitch
ANF
$6.56B
| $5.27M | ﹤0.01% |
61,617
+5,129
| +9% | +$479K |
|
2061
Xerox
XRX
$391M
| $5.27M | ﹤0.01% |
+1,401,156
| New | +$6.19M |
|
2062
Maximus
MMS
$3.09B
| $5.26M | ﹤0.01% |
57,526
-35,113
| -38% | -$2.85M |
|
2063
Organon & Co
OGN
$3.62B
| $5.24M | ﹤0.01% |
+490,860
| New | +$4.82M |
|
2064
Duke Energy
DUK
$95B
| $5.24M | ﹤0.01% |
42,328
+26,012
| +159% | +$3.16M |
|
2065
Autodesk
ADSK
$53.8B
| $5.23M | ﹤0.01% |
16,467
-388,479
| -96% | -$118M |
|
2066
Upwork
UPWK
$1.08B
| $5.22M | ﹤0.01% |
280,856
+188,131
| +203% | +$2.8M |
|
2067
ARK Web x.0 ETF
ARKW
$1.83B
| $5.2M | ﹤0.01% |
29,763
+26,382
| +780% | +$4.18M |
|
2068
CALL
Levi Strauss
LEVI
$8.25B
| $5.19M | ﹤0.01% |
222,900
| – | – |
|
|
VTLE
2069
DELISTED
Vital Energy
VTLE
| $5.18M | ﹤0.01% |
+306,682
| New | +$5.18M |
|
2070
MediaAlpha
MAX
$671M
| $5.18M | ﹤0.01% |
454,883
-440,465
| -49% | -$4.86M |
|
2071
Repay Holdings
RPAY
$312M
| $5.18M | ﹤0.01% |
989,782
+287,075
| +41% | +$1.54M |
|
2072
PUT
NXP Semiconductors
NXPI
$56.3B
| $5.17M | ﹤0.01% |
22,700
-4,000
| -15% | -$900K |
|
2073
Indivior Pharmaceuticals
INDV
$4.23B
| $5.14M | ﹤0.01% |
213,254
+118,621
| +125% | +$2.48M |
|
2074
AMC Entertainment Holdings
AMC
$2.33B
| $5.13M | ﹤0.01% |
1,769,913
+995,115
| +128% | +$2.95M |
|
2075
Home BancShares
HOMB
$5.97B
| $5.13M | ﹤0.01% |
181,168
+90,993
| +101% | +$2.64M |
|
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 $8.01B 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.