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 | |
|---|---|---|---|---|---|---|
3676
Cavco Industries
CVCO
$4.48B
| $242K | ﹤0.01% |
699
-4,201
| -86% | -$1.2M |
|
|
ROVR
3677
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $240K | ﹤0.01% |
22,098
-232,489
| -91% | -$1.97M |
|
|
BRDG
3678
DELISTED
Bridge Investment Group
BRDG
| $239K | ﹤0.01% |
+24,400
| New | +$198K |
|
3679
Tiptree Inc
TIPT
$690M
| $238K | ﹤0.01% |
+12,579
| New | +$218K |
|
3680
CALL
Stem
STEM
$52.6M
| $237K | ﹤0.01% |
3,060
+2,175
| +246% | +$150K |
|
3681
Seres Therapeutics
MCRB
$46.8M
| $236K | ﹤0.01% |
+8,426
| New | +$221K |
|
3682
iShares US Technology ETF
IYW
$24.6B
| $236K | ﹤0.01% |
+1,920
| New | +$217K |
|
|
GOEV
3683
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $234K | ﹤0.01% |
1,977
+1,767
| +841% | +$239K |
|
|
NWLI
3684
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $234K | ﹤0.01% |
+484
| New | +$230K |
|
3685
Southwest Airlines
LUV
$19.9B
| $234K | ﹤0.01% |
8,088
-77,176
| -91% | -$2.01M |
|
3686
HEICO Corp
HEI
$49.3B
| $233K | ﹤0.01% |
1,300
-2,057
| -61% | -$348K |
|
3687
Midland States Bancorp
MSBI
$681M
| $231K | ﹤0.01% |
8,385
-19,999
| -70% | -$465K |
|
3688
Allegiant Air
ALGT
$2.23B
| $230K | ﹤0.01% |
+2,787
| New | +$201K |
|
|
RPT
3689
Rithm Property Trust
RPT
$102M
| $230K | ﹤0.01% |
+7,232
| New | +$223K |
|
3690
Sphere Entertainment
SPHR
$5.65B
| $230K | ﹤0.01% |
6,761
-7,139
| -51% | -$248K |
|
3691
Dimensional US Targeted Value ETF
DFAT
$14.6B
| $229K | ﹤0.01% |
+4,378
| New | +$205K |
|
3692
State Street SPDR Dow Jones REIT ETF
RWR
$1.88B
| $229K | ﹤0.01% |
+2,403
| New | +$207K |
|
3693
PUT
GDS Holdings
GDS
$6.36B
| $229K | ﹤0.01% |
25,100
-62,600
| -71% | -$633K |
|
3694
ZTO Express
ZTO
$16.2B
| $229K | ﹤0.01% |
10,751
-201,731
| -95% | -$4.58M |
|
3695
Meritage Homes
MTH
$4.73B
| $228K | ﹤0.01% |
2,620
-26,238
| -91% | -$1.81M |
|
|
MAG
3696
PUT
DELISTED
MAG Silver
MAG
| $228K | ﹤0.01% |
21,900
| – | – |
|
3697
PUT
Consolidated Edison
ED
$39.8B
| $227K | ﹤0.01% |
2,500
-17,200
| -87% | -$1.54M |
|
|
IRBT
3698
DELISTED
iRobot
IRBT
| $227K | ﹤0.01% |
+5,857
| New | +$208K |
|
3699
PUT
Applied Optoelectronics
AAOI
$9.1B
| $226K | ﹤0.01% |
+11,700
| New | +$153K |
|
3700
Par Pacific Holdings
PARR
$3.72B
| $225K | ﹤0.01% |
6,192
-85,065
| -93% | -$2.87M |
|
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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.