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 | |
|---|---|---|---|---|---|---|
|
PMTR
2076
Perimeter Acquisition Corp I
PMTR
$321M
| $5.13M | ﹤0.01% |
500,000
| – | – |
|
2077
Uber
UBER
$160B
| $5.12M | ﹤0.01% |
52,300
-711,578
| -93% | -$66.5M |
|
2078
CALL
Ally Financial
ALLY
$12.9B
| $5.12M | ﹤0.01% |
130,600
-1,200
| -0.9% | -$48.1K |
|
2079
Methode Electronics
MEI
$606M
| $5.12M | ﹤0.01% |
677,684
-463,969
| -41% | -$3.45M |
|
2080
Coherent
COHR
$57.6B
| $5.11M | ﹤0.01% |
47,439
-19,455
| -29% | -$1.94M |
|
2081
Treace Medical Concepts
TMCI
$307M
| $5.11M | ﹤0.01% |
761,333
-62,023
| -8% | -$405K |
|
2082
Popular Inc
BPOP
$10.8B
| $5.11M | ﹤0.01% |
40,204
-52,964
| -57% | -$6.33M |
|
|
NAGE
2083
Niagen Bioscience
NAGE
$261M
| $5.1M | ﹤0.01% |
546,183
-1,055,625
| -66% | -$10.7M |
|
2084
Robert Half
RHI
$4.56B
| $5.08M | ﹤0.01% |
+149,612
| New | +$5.61M |
|
2085
Emcor
EME
$33.7B
| $5.08M | ﹤0.01% |
7,822
| – | – |
|
2086
Brookfield Renewable
BEPC
$6.13B
| $5.07M | ﹤0.01% |
147,425
+94,517
| +179% | +$3.24M |
|
2087
State Street Utilities Select Sector SPDR ETF
XLU
$22.3B
| $5.07M | ﹤0.01% |
116,278
-557,330
| -83% | -$23.6M |
|
2088
PUT
Oxford Industries
OXM
$579M
| $5.07M | ﹤0.01% |
125,000
+65,000
| +108% | +$2.82M |
|
2089
PUT
Agnico Eagle Mines
AEM
$108B
| $5.06M | ﹤0.01% |
30,000
-16,900
| -36% | -$2.32M |
|
2090
CALL
Comfort Systems
FIX
$56.9B
| $5.03M | ﹤0.01% |
6,100
-500
| -8% | -$339K |
|
|
LOMA
2091
Loma Negra
LOMA
$1.13B
| $5.03M | ﹤0.01% |
682,569
+122,656
| +22% | +$1.22M |
|
2092
Taboola.com
TBLA
$1.01B
| $5.03M | ﹤0.01% |
1,474,019
+1,061,052
| +257% | +$3.63M |
|
2093
Hyatt Hotels
H
$16.7B
| $5.02M | ﹤0.01% |
35,386
+26,556
| +301% | +$3.81M |
|
2094
CALL
OR Royalties Inc
OR
$7.2B
| $5.01M | ﹤0.01% |
+125,000
| New | +$3.9M |
|
2095
CALL
Zoom
ZM
$27.5B
| $5M | ﹤0.01% |
60,600
-118,300
| -66% | -$9.23M |
|
2096
Canadian Natural Resources
CNQ
$102B
| $4.99M | ﹤0.01% |
156,246
-894,589
| -85% | -$28M |
|
2097
PUT
BILL Holdings
BILL
$4.79B
| $4.97M | ﹤0.01% |
93,900
+58,000
| +162% | +$2.69M |
|
2098
Universal Health Services
UHS
$10.5B
| $4.96M | ﹤0.01% |
24,273
+16,811
| +225% | +$3.02M |
|
|
PPTA
2099
Perpetua Resources
PPTA
$3.22B
| $4.96M | ﹤0.01% |
245,150
+8,071
| +3% | +$136K |
|
|
CLDT
2100
Chatham Lodging
CLDT
$629M
| $4.95M | ﹤0.01% |
737,515
+71,132
| +11% | +$509K |
|
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.