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 | |
|---|---|---|---|---|---|---|
2251
PUT
Autodesk
ADSK
$57.1B
| $4.19M | ﹤0.01% |
13,200
+100
| +0.8% | +$30.5K |
|
2252
Mercury Systems
MRCY
$5.44B
| $4.19M | ﹤0.01% |
54,109
-18,815
| -26% | -$1.17M |
|
2253
BOK Financial
BOKF
$8.4B
| $4.19M | ﹤0.01% |
37,559
-50,181
| -57% | -$5.36M |
|
2254
monday.com
MNDY
$4.21B
| $4.18M | ﹤0.01% |
21,595
+14,952
| +225% | +$3.44M |
|
2255
Transmedics
TMDX
$3.18B
| $4.18M | ﹤0.01% |
37,270
-39,774
| -52% | -$4.66M |
|
2256
PUT
IBM
IBM
$225B
| $4.18M | ﹤0.01% |
14,800
| – | – |
|
2257
Intrepid Potash
IPI
$507M
| $4.16M | ﹤0.01% |
135,935
-10,335
| -7% | -$325K |
|
2258
ScottsMiracle-Gro
SMG
$3.53B
| $4.16M | ﹤0.01% |
72,967
+36,357
| +99% | +$2.29M |
|
2259
PUT
Annaly Capital Management
NLY
$17.4B
| $4.15M | ﹤0.01% |
205,500
+124,700
| +154% | +$2.59M |
|
2260
Middlesex Water
MSEX
$1.09B
| $4.15M | ﹤0.01% |
76,722
+3,423
| +5% | +$183K |
|
2261
Veeva Systems
VEEV
$45.8B
| $4.15M | ﹤0.01% |
13,915
-93,973
| -87% | -$26.4M |
|
|
SKYT
2262
CALL
DELISTED
SkyWater Technology
SKYT
| $4.14M | ﹤0.01% |
+222,100
| New | +$2.57M |
|
2263
PAR Technology
PAR
$795M
| $4.14M | ﹤0.01% |
104,565
+96,846
| +1,255% | +$5.35M |
|
|
PGRE
2264
DELISTED
Paramount Group
PGRE
| $4.13M | ﹤0.01% |
632,015
-543,400
| -46% | -$3.61M |
|
2265
Astrana Health
ASTH
$1.91B
| $4.13M | ﹤0.01% |
+145,556
| New | +$3.94M |
|
2266
PUT
Zoom
ZM
$29.4B
| $4.13M | ﹤0.01% |
50,000
-10,400
| -17% | -$811K |
|
2267
Liberty Media Series A
FWONA
$23.6B
| $4.12M | ﹤0.01% |
43,302
+3,282
| +8% | +$300K |
|
2268
Omeros
OMER
$1.39B
| $4.12M | ﹤0.01% |
1,005,235
-642,191
| -39% | -$2.55M |
|
2269
Takeda Pharmaceutical
TAK
$57.6B
| $4.12M | ﹤0.01% |
+281,294
| New | +$4.18M |
|
2270
CALL
EQT Corp
EQT
$34.3B
| $4.11M | ﹤0.01% |
75,600
-15,900
| -17% | -$840K |
|
2271
PUT
Li Auto
LI
$11.9B
| $4.11M | ﹤0.01% |
162,000
+102,000
| +170% | +$2.64M |
|
2272
Huazhu Hotels Group
HTHT
$14.7B
| $4.1M | ﹤0.01% |
+104,871
| New | +$3.66M |
|
2273
CALL
Okta
OKTA
$30.1B
| $4.1M | ﹤0.01% |
44,700
-30,300
| -40% | -$2.83M |
|
2274
LeMaitre Vascular
LMAT
$1.82B
| $4.09M | ﹤0.01% |
46,705
+34,408
| +280% | +$3.07M |
|
2275
PUT
Petrobras
PBR
$118B
| $4.08M | ﹤0.01% |
322,600
+236,600
| +275% | +$2.97M |
|
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.