D. E. Shaw & Co. 13F, Q2 2025
D. E. Shaw · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1009207
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1,238 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2025
The 25 largest of 3,068 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| SPDR S&P 500 ETF TR | SPY | $3.68B | 3.7% | +3% shares |
| NVIDIA CORPORATION | NVDA | $3.21B | 3.2% | +67% shares |
| APPLE INC | AAPL | $2.38B | 2.4% | +104% shares |
| MICROSOFT CORP | MSFT | $1.84B | 1.8% | -24% shares |
| NETFLIX INC | NFLX | $1.27B | 1.3% | +187% shares |
| PALANTIR TECHNOLOGIES INC | PLTR | $1.07B | 1.1% | unchanged |
| GE AEROSPACE | GE | $962.62M | 1.0% | +255% shares |
| T-MOBILE US INC | TMUS | $955.59M | 0.9% | +1336% shares |
| MICRON TECHNOLOGY INC | MU | $906.60M | 0.9% | +4427% shares |
| CARVANA CO | CVNA | $862.12M | 0.9% | +133% shares |
| AMAZON COM INC | AMZN | $853.93M | 0.8% | -7% shares |
| MERCK & CO INC | MRK | $820.71M | 0.8% | +11% shares |
| SELECT SECTOR SPDR TR | XLF | $817.90M | 0.8% | +26% shares |
| BOOKING HOLDINGS INC | BKNG | $799.97M | 0.8% | -20% shares |
| DISNEY WALT CO | DIS | $770.76M | 0.8% | -7% shares |
| BOSTON SCIENTIFIC CORP | BSX | $725.57M | 0.7% | +76% shares |
| APPLOVIN CORP | APP | $653.16M | 0.7% | +693% shares |
| INTUIT | INTU | $641.29M | 0.6% | -46% shares |
| BROADCOM INC | AVGO | $611.27M | 0.6% | -39% shares |
| MASTERCARD INCORPORATED | MA | $598.81M | 0.6% | +59% shares |
| META PLATFORMS INC | META | $592.05M | 0.6% | -31% shares |
| ZSCALER INC | ZS | $590.98M | 0.6% | +76547% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $537.63M | 0.5% | +463% shares |
| SOFI TECHNOLOGIES INC | SOFI | $532.68M | 0.5% | -17% shares |
| HESS CORP | $527.29M | 0.5% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, D. E. Shaw & Co. opened 459 new positions, added to 1,075, trimmed 1,167, left 367 unchanged and exited 408. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- RKLB$410.57M
- STX 3.5 06/01/28$225.92M
- SE$218.35M
- SEZL$147.86M
- NSC$137.63M
- SNAP 0.5 05/01/30$119.91M
- NEXTERA ENERGY INC$111.51M
- NEBIUS GROUP N.V.$107.56M
and 451 more
Exited
- BOOKING HOLDINGS INCwas $296.52M
- ROCKET LAB USA INCwas $243.83M
- ZSCALER INCwas $227.03M
- NVOwas $179.33M
- INSMED INCwas $176.74M
- HYGwas $151.47M
- LQDwas $150.11M
- NCL CORP LTDwas $124.39M
and 400 more
Other quarters
Source: SEC Form 13F-HR, accession 0001104659-25-078542, filed by D. E. Shaw & Co., Inc.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.