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 | |
|---|---|---|---|---|---|---|
3101
CALL
Talos Energy
TALO
$2.75B
| $847K | ﹤0.01% |
59,500
| – | – |
|
3102
Veralto
VLTO
$24.1B
| $846K | ﹤0.01% |
+10,281
| New | +$768K |
|
3103
Paylocity
PCTY
$8.08B
| $845K | ﹤0.01% |
5,123
-79,913
| -94% | -$13.5M |
|
3104
PUT
ON Semiconductor
ON
$28.2B
| $844K | ﹤0.01% |
10,100
-15,400
| -60% | -$1.21M |
|
|
OAKU
3105
DELISTED
Oak Woods Acquisition Corp
OAKU
| $842K | ﹤0.01% |
80,000
| – | – |
|
|
FSP
3106
Franklin Street Properties
FSP
$45.5M
| $840K | ﹤0.01% |
328,320
+104,830
| +47% | +$226K |
|
3107
CALL
Marriott Vacations Worldwide
VAC
$4.02B
| $840K | ﹤0.01% |
9,900
| – | – |
|
3108
iShares Select Dividend ETF
DVY
$23.9B
| $839K | ﹤0.01% |
+7,161
| New | +$788K |
|
3109
Herc Holdings
HRI
$5.22B
| $836K | ﹤0.01% |
5,613
+2,113
| +60% | +$259K |
|
|
LADR
3110
Ladder Capital
LADR
$1.26B
| $833K | ﹤0.01% |
72,355
-55,702
| -43% | -$594K |
|
3111
Aurinia Pharmaceuticals
AUPH
$2.23B
| $832K | ﹤0.01% |
92,562
-264,584
| -74% | -$2.18M |
|
3112
Alight
ALIT
$399M
| $831K | ﹤0.01% |
4,870
-20,285
| -81% | -$3M |
|
3113
Norfolk Southern
NSC
$78.9B
| $827K | ﹤0.01% |
3,500
-95,570
| -96% | -$20M |
|
3114
KB Home
KBH
$3.5B
| $824K | ﹤0.01% |
13,200
-54,728
| -81% | -$2.81M |
|
|
AIRC
3115
DELISTED
Apartment Income REIT Corp.
AIRC
| $823K | ﹤0.01% |
23,711
-150,916
| -86% | -$4.72M |
|
|
SPKL
3116
Spark I Acquisition Corp
SPKL
$100M
| $823K | ﹤0.01% |
+81,193
| New | +$822K |
|
|
RSVRW
3117
DELISTED
Reservoir Media Inc Warrant
RSVRW
| $822K | ﹤0.01% |
547,924
+66,000
| +14% | +$84.5K |
|
3118
BJs Wholesale Club
BJ
$12.1B
| $821K | ﹤0.01% |
12,320
-192,727
| -94% | -$13M |
|
3119
Safe Bulkers
SB
$886M
| $821K | ﹤0.01% |
208,849
+196,694
| +1,618% | +$692K |
|
3120
Tarsus Pharmaceuticals
TARS
$3.14B
| $821K | ﹤0.01% |
+40,527
| New | +$677K |
|
3121
ESCO Technologies
ESE
$7.17B
| $820K | ﹤0.01% |
7,009
-4,262
| -38% | -$448K |
|
3122
Herbalife
HLF
$1.35B
| $820K | ﹤0.01% |
53,728
+39,065
| +266% | +$540K |
|
|
WOW
3123
DELISTED
WideOpenWest
WOW
| $819K | ﹤0.01% |
202,306
+158,067
| +357% | +$850K |
|
3124
PUT
Vornado Realty Trust
VNO
$7.46B
| $819K | ﹤0.01% |
29,000
-5,800
| -17% | -$138K |
|
3125
Xencor
XNCR
$2.18B
| $819K | ﹤0.01% |
38,582
-28,580
| -43% | -$544K |
|
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.