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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.77% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2801
SK Telecom
SKM
$15.2B
| $1.33M | ﹤0.01% |
+62,045
| New | +$1.31M |
|
2802
CALL
Eversource Energy
ES
$26.8B
| $1.33M | ﹤0.01% |
+21,500
| New | +$1.24M |
|
2803
Reliance Steel & Aluminium
RS
$19.6B
| $1.33M | ﹤0.01% |
4,738
+975
| +26% | +$259K |
|
|
FITB
2804
Fifth Third Bancorp
FITB
$49.8B
| $1.32M | ﹤0.01% |
38,226
-56,021
| -59% | -$1.55M |
|
2805
Verra Mobility
VRRM
$673M
| $1.32M | ﹤0.01% |
57,236
-21,925
| -28% | -$450K |
|
|
EPIX
2806
DELISTED
ESSA Pharma
EPIX
| $1.32M | ﹤0.01% |
199,653
+31,603
| +19% | +$156K |
|
2807
PUT
PennyMac Financial
PFSI
$3.85B
| $1.32M | ﹤0.01% |
14,900
| – | – |
|
|
WRAC
2808
DELISTED
Williams Rowland Acquisition Corp.
WRAC
| $1.31M | ﹤0.01% |
125,000
| – | – |
|
2809
PUT
Teladoc Health
TDOC
$1.12B
| $1.31M | ﹤0.01% |
60,700
+4,100
| +7% | +$75.6K |
|
2810
Grid Dynamics Holdings
GDYN
$638M
| $1.31M | ﹤0.01% |
97,937
-102,093
| -51% | -$1.24M |
|
2811
DT Midstream
DTM
$12.9B
| $1.3M | ﹤0.01% |
23,744
+15,352
| +183% | +$845K |
|
|
MASI
2812
PUT
DELISTED
Masimo
MASI
| $1.3M | ﹤0.01% |
+11,100
| New | +$1.03M |
|
2813
PUT
Blackstone Mortgage Trust
BXMT
$2.36B
| $1.3M | ﹤0.01% |
60,900
| – | – |
|
2814
Liberty Latin America Class A
LILA
$1.69B
| $1.29M | ﹤0.01% |
260,286
+132,218
| +103% | +$638K |
|
2815
Jacobs Solutions
J
$17.7B
| $1.29M | ﹤0.01% |
12,003
-125,876
| -91% | -$13.7M |
|
2816
Standard Motor Products
SMP
$838M
| $1.29M | ﹤0.01% |
32,329
-35,837
| -53% | -$1.28M |
|
2817
Quad
QUAD
$526M
| $1.29M | ﹤0.01% |
237,454
-23,800
| -9% | -$116K |
|
2818
CALL
West Fraser Timber
WFG
$5.4B
| $1.28M | ﹤0.01% |
+15,000
| New | +$1.11M |
|
2819
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.3B
| $1.28M | ﹤0.01% |
+62,200
| New | +$1.18M |
|
2820
Scilex Holding
SCLX
$39.7M
| $1.28M | ﹤0.01% |
17,915
| – | – |
|
|
PRO
2821
DELISTED
PROS Holdings
PRO
| $1.28M | ﹤0.01% |
32,974
+24,058
| +270% | +$865K |
|
2822
PUT
Paysafe
PSFE
$356M
| $1.28M | ﹤0.01% |
100,000
| – | – |
|
|
NGD
2823
DELISTED
New Gold Inc
NGD
| $1.28M | ﹤0.01% |
875,184
+595,179
| +213% | +$749K |
|
2824
CALL
Tenet Healthcare
THC
$21.9B
| $1.28M | ﹤0.01% |
16,900
| – | – |
|
2825
Columbus McKinnon
CMCO
$513M
| $1.28M | ﹤0.01% |
32,719
+6,029
| +23% | +$212K |
|
Similar funds
David Shaw's Q4 2023 Portfolio in Review
As of Q4 2023, David Shaw held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
David Shaw's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- David Shaw's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- David Shaw added most to Netflix in Q4 2023, an estimated $751M increase.
- David Shaw's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- David Shaw fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- David Shaw's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- David Shaw opened 575 new positions and closed 527 in Q4 2023.
- David Shaw's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.