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 | |
|---|---|---|---|---|---|---|
|
JENA.U
2101
Jena Acquisition Corp II Units
JENA.U
| $4.94M | ﹤0.01% |
475,000
| – | – |
|
|
CURB
2102
Curbline Properties
CURB
$3.44B
| $4.94M | ﹤0.01% |
221,717
+101,495
| +84% | +$2.29M |
|
2103
PUT
Brinker International
EAT
$10B
| $4.94M | ﹤0.01% |
39,000
-6,400
| -14% | -$999K |
|
2104
Royalty Pharma
RPRX
$27.4B
| $4.94M | ﹤0.01% |
140,028
+106,232
| +314% | +$3.85M |
|
2105
CALL
KKR & Co
KKR
$99.4B
| $4.94M | ﹤0.01% |
38,000
+26,600
| +233% | +$3.78M |
|
2106
Cameco
CCJ
$46.7B
| $4.93M | ﹤0.01% |
58,826
-61,833
| -51% | -$4.79M |
|
2107
Dorian LPG
LPG
$2.12B
| $4.93M | ﹤0.01% |
165,483
+130,684
| +376% | +$3.92M |
|
|
INAC
2108
Indigo Acquisition Corp
INAC
| $4.93M | ﹤0.01% |
+495,000
| New | +$4.93M |
|
2109
Ecovyst
ECVT
$1.12B
| $4.92M | ﹤0.01% |
+562,131
| New | +$4.95M |
|
2110
PUT
Mobileye
MBLY
$7.41B
| $4.92M | ﹤0.01% |
348,200
+63,300
| +22% | +$941K |
|
2111
MiMedx Group
MDXG
$675M
| $4.92M | ﹤0.01% |
704,224
-87,557
| -11% | -$609K |
|
2112
PUT
Jack in the Box
JACK
$306M
| $4.89M | ﹤0.01% |
+247,400
| New | +$4.92M |
|
2113
PC Connection
CNXN
$2.01B
| $4.89M | ﹤0.01% |
78,848
+16,366
| +26% | +$1.04M |
|
2114
CALL
Workday
WDAY
$49.2B
| $4.89M | ﹤0.01% |
20,300
-120,500
| -86% | -$27.9M |
|
2115
CALL
Clorox
CLX
$12.4B
| $4.88M | ﹤0.01% |
39,600
+31,800
| +408% | +$3.95M |
|
2116
ADMA Biologics
ADMA
$2.12B
| $4.88M | ﹤0.01% |
332,701
-499,862
| -60% | -$8.57M |
|
2117
Brink's
BCO
$4.58B
| $4.88M | ﹤0.01% |
41,727
+39,003
| +1,432% | +$4.08M |
|
2118
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.14B
| $4.87M | ﹤0.01% |
158,515
+106,295
| +204% | +$2.93M |
|
2119
CAE Inc
CAE
$8.01B
| $4.86M | ﹤0.01% |
164,262
-48,151
| -23% | -$1.35M |
|
2120
PUT
Peloton Interactive
PTON
$2.36B
| $4.86M | ﹤0.01% |
540,000
+454,000
| +528% | +$3.38M |
|
2121
PUT
Vertex Pharmaceuticals
VRTX
$138B
| $4.86M | ﹤0.01% |
12,400
+7,400
| +148% | +$3.09M |
|
2122
Stoneridge
SRI
$205M
| $4.85M | ﹤0.01% |
636,921
-297,361
| -32% | -$2.36M |
|
2123
CTS Corp
CTS
$1.62B
| $4.85M | ﹤0.01% |
121,497
+70,282
| +137% | +$2.91M |
|
2124
ArcelorMittal
MT
$56.1B
| $4.85M | ﹤0.01% |
+134,158
| New | +$4.52M |
|
2125
Laureate Education
LAUR
$5.34B
| $4.85M | ﹤0.01% |
153,743
-457,299
| -75% | -$12M |
|
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.