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 |
SCHW
Charles Schwab
SCHW
|
+$602M |
| 2 |
Booking.com
BKNG
|
+$582M |
| 3 |
Walmart Inc
WMT
|
+$407M |
| 4 |
Visa
V
|
+$395M |
| 5 |
Johnson & Johnson
JNJ
|
+$335M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$483M |
| 2 |
Salesforce
CRM
|
+$380M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$364M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$336M |
| 5 |
Colgate-Palmolive
CL
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.49% |
| 2 | Consumer Discretionary | 9.18% |
| 3 | Healthcare | 8.57% |
| 4 | Financials | 8% |
| 5 | Industrials | 4.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3076
Reinsurance Group of America
RGA
$16.1B
| $929K | ﹤0.01% |
6,998
-11,375
| -62% | -$1.61M |
|
|
TSE
3077
DELISTED
Trinseo
TSE
| $929K | ﹤0.01% |
44,553
-90,835
| -67% | -$2.22M |
|
3078
Invesco Senior Loan ETF
BKLN
$6.78B
| $924K | ﹤0.01% |
+44,409
| New | +$930K |
|
3079
Timken Company
TKR
$8.74B
| $924K | ﹤0.01% |
11,303
-17,505
| -61% | -$1.42M |
|
3080
Allegiant Air
ALGT
$2.26B
| $921K | ﹤0.01% |
10,014
-16,425
| -62% | -$1.48M |
|
3081
Reynolds Consumer Products
REYN
$5.19B
| $921K | ﹤0.01% |
33,494
-66,186
| -66% | -$1.87M |
|
3082
CALL
Madrigal Pharmaceuticals
MDGL
$12.5B
| $921K | ﹤0.01% |
+3,800
| New | +$1.04M |
|
3083
Doximity
DOCS
$4.41B
| $919K | ﹤0.01% |
+28,394
| New | +$942K |
|
3084
Community Bank
CBU
$3.32B
| $918K | ﹤0.01% |
17,492
-5,813
| -25% | -$341K |
|
3085
PUT
Vornado Realty Trust
VNO
$7.27B
| $916K | ﹤0.01% |
59,600
+47,400
| +389% | +$957K |
|
3086
Honda
HMC
$40.8B
| $915K | ﹤0.01% |
34,555
-46,433
| -57% | -$1.17M |
|
3087
Merchants Bancorp
MBIN
$2.46B
| $915K | ﹤0.01% |
35,141
+12,576
| +56% | +$348K |
|
3088
Jakks Pacific
JAKK
$293M
| $914K | ﹤0.01% |
52,827
-45,501
| -46% | -$853K |
|
3089
Black Hills Corp
BKH
$5.63B
| $914K | ﹤0.01% |
+14,482
| New | +$954K |
|
3090
Descartes Systems
DSGX
$6.64B
| $912K | ﹤0.01% |
11,300
-2,800
| -20% | -$209K |
|
3091
WEX
WEX
$6.77B
| $911K | ﹤0.01% |
4,954
+2,354
| +91% | +$429K |
|
|
OGI
3092
Organigram Holdings
OGI
$178M
| $911K | ﹤0.01% |
357,850
-148,750
| -29% | -$472K |
|
3093
PUT
Live Nation Entertainment
LYV
$42.5B
| $910K | ﹤0.01% |
13,000
-80,000
| -86% | -$5.87M |
|
3094
Workhorse Group
WKHS
$33M
| $910K | ﹤0.01% |
228
+141
| +162% | +$778K |
|
3095
Silicom
SILC
$258M
| $907K | ﹤0.01% |
24,187
-2,431
| -9% | -$98.7K |
|
3096
Nabors Industries
NBR
$1.29B
| $906K | ﹤0.01% |
7,435
-14,779
| -67% | -$2.24M |
|
3097
Tennant Co
TNC
$1.2B
| $906K | ﹤0.01% |
13,224
+7,119
| +117% | +$483K |
|
|
SPNS
3098
DELISTED
Sapiens International
SPNS
| $905K | ﹤0.01% |
41,665
-939
| -2% | -$19.8K |
|
3099
NRG Energy
NRG
$24.4B
| $904K | ﹤0.01% |
26,362
-305,826
| -92% | -$10.1M |
|
3100
Reliance Steel & Aluminium
RS
$20B
| $901K | ﹤0.01% |
3,510
-13,213
| -79% | -$3.11M |
|
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David Shaw's Q1 2023 Portfolio in Review
As of Q1 2023, David Shaw held 5,246 positions worth $93.4B, up 3.2% from $90.5B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
David Shaw withdrew a net $5.35B in Q1 2023, closing 860 positions and reducing 1,787 holdings. Its most notable exit was SVB Financial Group, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, David Shaw opened a new position in State Street Utilities Select Sector SPDR ETF worth $99.9M.
- David Shaw's largest Q1 2023 buy was State Street Utilities Select Sector SPDR ETF: 2,950,552 shares worth $99.9M.
- David Shaw added most to Charles Schwab in Q1 2023, an estimated $602M increase.
- David Shaw's biggest Q1 2023 reduction was Microsoft, cutting an estimated $483M.
- David Shaw fully exited SVB Financial Group in Q1 2023, selling an estimated $163M.
- David Shaw's ten largest holdings make up 11% of its $93.4B portfolio in Q1 2023.
- David Shaw opened 431 new positions and closed 860 in Q1 2023.
- David Shaw's portfolio value rose 3.2% quarter-over-quarter to $93.4B.
Based on D.E. Shaw & Co's 13F filing for Q1 2023, filed 15 May 2023.