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 | |
|---|---|---|---|---|---|---|
|
CMBT
2126
CMB.TECH NV
CMBT
$5.12B
| $4.85M | ﹤0.01% |
+516,099
| New | +$4.73M |
|
2127
Freshpet
FRPT
$3.6B
| $4.84M | ﹤0.01% |
87,744
+71,856
| +452% | +$4.45M |
|
|
GRAL
2128
CALL
GRAIL Inc
GRAL
$3.55B
| $4.82M | ﹤0.01% |
81,500
+5,800
| +8% | +$222K |
|
2129
Sagimet Biosciences
SGMT
$675M
| $4.81M | ﹤0.01% |
701,241
+557,393
| +387% | +$4.52M |
|
2130
CALL
Annaly Capital Management
NLY
$17.2B
| $4.8M | ﹤0.01% |
237,700
+29,200
| +14% | +$606K |
|
2131
Everspin Technologies
MRAM
$429M
| $4.8M | ﹤0.01% |
515,167
+8,445
| +2% | +$57.4K |
|
2132
InterContinental Hotels
IHG
$24.2B
| $4.79M | ﹤0.01% |
39,494
-48,042
| -55% | -$5.75M |
|
2133
GFL Environmental
GFL
$14.9B
| $4.79M | ﹤0.01% |
101,051
+47,622
| +89% | +$2.31M |
|
|
VSXY
2134
Victoria's Secret
VSXY
$7.22B
| $4.79M | ﹤0.01% |
176,410
-955,748
| -84% | -$21.5M |
|
2135
Peabody Energy
BTU
$3.33B
| $4.78M | ﹤0.01% |
180,118
+62,886
| +54% | +$1.12M |
|
|
ZIMV
2136
DELISTED
ZimVie
ZIMV
| $4.78M | ﹤0.01% |
252,136
-111,440
| -31% | -$1.89M |
|
2137
Nike
NKE
$57.2B
| $4.78M | ﹤0.01% |
68,482
-286,552
| -81% | -$21.4M |
|
|
IBAC
2138
IB Acquisition Corp
IBAC
$54.5M
| $4.77M | ﹤0.01% |
453,878
| – | – |
|
|
DOCU
2139
CALL
DocuSign
DOCU
$11.3B
| $4.77M | ﹤0.01% |
66,200
-6,600
| -9% | -$509K |
|
2140
Global Industrial
GIC
$1.5B
| $4.77M | ﹤0.01% |
130,097
+29,682
| +30% | +$996K |
|
2141
PUT
Goodyear
GT
$1.8B
| $4.77M | ﹤0.01% |
637,100
+122,100
| +24% | +$1.15M |
|
2142
BWX Technologies
BWXT
$14B
| $4.76M | ﹤0.01% |
25,823
-5,044
| -16% | -$812K |
|
2143
Winnebago Industries
WGO
$871M
| $4.75M | ﹤0.01% |
142,146
+126,257
| +795% | +$4.16M |
|
2144
PUT
Stellantis
STLA
$19.4B
| $4.75M | ﹤0.01% |
508,900
-8,800
| -2% | -$84.2K |
|
2145
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.75B
| $4.75M | ﹤0.01% |
+35,949
| New | +$4.64M |
|
2146
Patrick Industries
PATK
$2.69B
| $4.75M | ﹤0.01% |
45,895
-20,829
| -31% | -$2.19M |
|
2147
Manchester United
MANU
$4.05B
| $4.75M | ﹤0.01% |
313,489
+211,445
| +207% | +$3.59M |
|
|
CRAQ
2148
Cal Redwood Acquisition Corp
CRAQ
$325M
| $4.74M | ﹤0.01% |
+474,100
| New | +$4.74M |
|
2149
PubMatic
PUBM
$740M
| $4.74M | ﹤0.01% |
572,475
+216,094
| +61% | +$2.2M |
|
2150
PUT
Noble Corp
NE
$7.21B
| $4.74M | ﹤0.01% |
167,500
+30,800
| +23% | +$872K |
|
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.