D. E. Shaw & Co. 13F, Q3 2025
D. E. Shaw · quarter ending 30 September 2025 · filed 14 November 2025 · SEC CIK 1009207
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1,387 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2025
The 25 largest of 3,122 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $4.76B | 3.8% | +26% shares |
| MICROSOFT CORP | MSFT | $3.84B | 3.1% | +101% shares |
| SPDR S&P 500 ETF TR | SPY | $2.22B | 1.8% | -44% shares |
| BROADCOM INC | AVGO | $1.88B | 1.5% | +157% shares |
| PALANTIR TECHNOLOGIES INC | PLTR | $1.69B | 1.4% | +18% shares |
| MICRON TECHNOLOGY INC | MU | $1.51B | 1.2% | +23% shares |
| APPLE INC | AAPL | $1.48B | 1.2% | -50% shares |
| META PLATFORMS INC | META | $1.44B | 1.2% | +144% shares |
| WESTERN DIGITAL CORP | WDC | $1.16B | 0.9% | +231% shares |
| BLOOM ENERGY CORP | BE | $999.44M | 0.8% | +98% shares |
| NETFLIX INC | NFLX | $938.22M | 0.8% | -18% shares |
| SOFI TECHNOLOGIES INC | SOFI | $925.61M | 0.8% | +20% shares |
| INTUITIVE SURGICAL INC | ISRG | $902.93M | 0.7% | +220% shares |
| FISERV INC | FISV | $873.98M | 0.7% | +173% shares |
| BOSTON SCIENTIFIC CORP | BSX | $869.92M | 0.7% | +32% shares |
| VANGUARD SCOTTSDALE FDS | VCIT | $864.19M | 0.7% | +131% shares |
| BANK AMERICA CORP | BAC | $856.19M | 0.7% | +149% shares |
| T-MOBILE US INC | TMUS | $836.44M | 0.7% | -13% shares |
| INSMED INC | INSM | $814.73M | 0.7% | +65% shares |
| ADOBE INC | ADBE | $800.55M | 0.7% | +368% shares |
| ALPHABET INC | GOOGL | $774.00M | 0.6% | +26% shares |
| SCHWAB CHARLES CORP | SCHW | $731.75M | 0.6% | +400% shares |
| TJX COS INC NEW | TJX | $722.46M | 0.6% | +133% shares |
| TEXAS INSTRS INC | TXN | $712.94M | 0.6% | +87% shares |
| DISNEY WALT CO | DIS | $712.82M | 0.6% | unchanged |
What changed since Q2 2025
Against the Q2 2025 filing, D. E. Shaw & Co. opened 465 new positions, added to 1,202, trimmed 1,081, left 374 unchanged and exited 411. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- IREN LIMITED$502.95M
- RGTI$380.25M
- LQD$369.97M
- GDDY$253.67M
- APLD$250.18M
- SAP$246.11M
- LITE 1.5 12/15/29$188.51M
- GDX$174.36M
and 457 more
Exited
- HESS CORPwas $527.29M
- NRG ENERGY INCwas $400.81M
- CINEMARK HLDGS INCwas $238.75M
- ROYAL CARIBBEAN GROUPwas $188.87M
- TDGwas $170.08M
- LYV 3.125 01/15/29was $161.64M
- NEXTERA ENERGY INCwas $111.51M
- HIMSwas $94.07M
and 403 more
Other quarters
Source: SEC Form 13F-HR, accession 0001104659-25-112505, 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.