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 | Miscellaneous | 38.56% |
| 2 | Technology | 19.25% |
| 3 | Consumer Discretionary | 7.51% |
| 4 | Financials | 7.11% |
| 5 | Healthcare | 6.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
Oxford Industries
OXM
$572M
| $4.64M | ﹤0.01% |
114,383
-15,598
| -12% | -$676K |
|
2177
PUT
WIX.com
WIX
$3.62B
| $4.64M | ﹤0.01% |
26,100
+21,100
| +422% | +$3.18M |
|
2178
Clearfield
CLFD
$414M
| $4.63M | ﹤0.01% |
134,731
+4,914
| +4% | +$183K |
|
2179
PUT
Insulet
PODD
$9.93B
| $4.63M | ﹤0.01% |
+15,000
| New | +$4.7M |
|
2180
Casella Waste Systems
CWST
$5.88B
| $4.63M | ﹤0.01% |
48,792
-13,205
| -21% | -$1.33M |
|
2181
CALL
Valaris
VAL
$5.85B
| $4.62M | ﹤0.01% |
94,800
-4,800
| -5% | -$234K |
|
|
CFLT
2182
PUT
DELISTED
Confluent
CFLT
| $4.62M | ﹤0.01% |
233,300
+158,200
| +211% | +$3.31M |
|
2183
Ecopetrol
EC
$34B
| $4.62M | ﹤0.01% |
501,449
+293,369
| +141% | +$2.63M |
|
|
DTSQ
2184
DT Cloud Star Acquisition Corp
DTSQ
| $4.62M | ﹤0.01% |
440,500
| – | – |
|
2185
Scansource
SCSC
$1.16B
| $4.62M | ﹤0.01% |
104,931
-5,517
| -5% | -$235K |
|
2186
Coca-Cola Europacific Partners
CCEP
$47.5B
| $4.61M | ﹤0.01% |
51,012
-41,576
| -45% | -$3.86M |
|
2187
PUT
Energy Fuels
UUUU
$3.91B
| $4.61M | ﹤0.01% |
+300,000
| New | +$3.19M |
|
2188
Magnite
MGNI
$3.36B
| $4.61M | ﹤0.01% |
211,433
+179,486
| +562% | +$4.24M |
|
2189
Green Dot
GDOT
$762M
| $4.6M | ﹤0.01% |
342,708
-444,753
| -56% | -$5.49M |
|
2190
MannKind Corp
MNKD
$1.31B
| $4.6M | ﹤0.01% |
856,946
-1,665,732
| -66% | -$7.31M |
|
2191
CALL
Viasat
VSAT
$9.94B
| $4.59M | ﹤0.01% |
156,800
+38,000
| +32% | +$909K |
|
2192
SIGA Technologies
SIGA
$214M
| $4.57M | ﹤0.01% |
499,753
+66,731
| +15% | +$533K |
|
2193
Camtek
CAMT
$6.76B
| $4.57M | ﹤0.01% |
+43,500
| New | +$3.9M |
|
2194
Ducommun
DCO
$2.81B
| $4.57M | ﹤0.01% |
47,489
+15,200
| +47% | +$1.37M |
|
|
SERV
2195
Serve Robotics
SERV
$427M
| $4.56M | ﹤0.01% |
+392,405
| New | +$4.3M |
|
2196
PUT
Nextpower Inc. Common Stock
NXT
$13.7B
| $4.56M | ﹤0.01% |
61,600
+1,600
| +3% | +$103K |
|
2197
Silicon Laboratories
SLAB
$7.3B
| $4.55M | ﹤0.01% |
34,723
+1,667
| +5% | +$227K |
|
2198
CALL
Biogen
BIIB
$32.7B
| $4.55M | ﹤0.01% |
32,500
+27,900
| +607% | +$3.77M |
|
2199
PUT
CRISPR Therapeutics
CRSP
$5.73B
| $4.55M | ﹤0.01% |
+70,200
| New | +$4.03M |
|
2200
nCino
NCNO
$2.4B
| $4.55M | ﹤0.01% |
167,680
+48,695
| +41% | +$1.42M |
|
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 Miscellaneous at 39% of assets, down from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
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.