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 | |
|---|---|---|---|---|---|---|
401
Cencora
COR
$60.7B
| $58.6M | 0.05% |
285,398
+2,962
| +1% | +$578K |
|
402
PUT
Alpha Metallurgical Resources
AMR
$2.66B
| $58.4M | 0.05% |
172,300
+43,100
| +33% | +$11.3M |
|
|
LBRDA
403
DELISTED
Liberty Broadband Class A
LBRDA
| $58.1M | 0.05% |
720,542
-4,482
| -0.6% | -$376K |
|
404
Hewlett Packard
HPE
$70.8B
| $57.6M | 0.05% |
3,394,269
+2,656,253
| +360% | +$43.3M |
|
405
PUT
Toronto Dominion Bank
TD
$194B
| $57.6M | 0.05% |
891,000
+581,000
| +187% | +$34.8M |
|
406
AMC Entertainment Holdings
AMC
$2.28B
| $57.3M | 0.05% |
9,356,801
+8,930,343
| +2,094% | +$72.5M |
|
407
Snap-on
SNA
$20.3B
| $57.2M | 0.05% |
198,081
-36,656
| -16% | -$9.89M |
|
408
PUT
Etsy
ETSY
$7.44B
| $57.1M | 0.05% |
704,000
+17,500
| +3% | +$1.25M |
|
409
CALL
RTX Corp
RTX
$283B
| $56.7M | 0.05% |
673,900
+394,200
| +141% | +$31.2M |
|
410
PUT
Atlassian
TEAM
$43.5B
| $56.6M | 0.05% |
238,000
+36,700
| +18% | +$7.21M |
|
411
Nutrien
NTR
$35.9B
| $56.2M | 0.05% |
997,831
+373,368
| +60% | +$21.1M |
|
412
Harley-Davidson
HOG
$2.93B
| $56.2M | 0.05% |
1,525,580
+157,236
| +11% | +$4.85M |
|
413
Cadence Design Systems
CDNS
$87.9B
| $56.2M | 0.05% |
206,242
-8,772
| -4% | -$2.26M |
|
414
PUT
Freeport-McMoran
FCX
$110B
| $56.1M | 0.05% |
1,317,600
+471,200
| +56% | +$17.4M |
|
415
ATI
ATI
$28.2B
| $56.1M | 0.05% |
1,233,357
+1,020
| +0.1% | +$42.4K |
|
416
Chegg
CHGG
$90.8M
| $55M | 0.05% |
4,841,071
+148,532
| +3% | +$1.41M |
|
417
CALL
Delta Air Lines
DAL
$54.2B
| $55M | 0.05% |
1,366,300
+64,700
| +5% | +$2.35M |
|
418
PUT
Twilio
TWLO
$34.6B
| $54.8M | 0.05% |
722,800
+42,700
| +6% | +$2.66M |
|
419
CALL
Affirm
AFRM
$25.8B
| $54.8M | 0.05% |
1,115,600
+125,900
| +13% | +$3.64M |
|
420
Textron
TXT
$14.3B
| $54.4M | 0.05% |
676,907
+284,325
| +72% | +$22M |
|
421
Thermo Fisher Scientific
TMO
$233B
| $54.4M | 0.05% |
102,497
-114,846
| -53% | -$55.6M |
|
422
PUT
Johnson & Johnson
JNJ
$651B
| $54.3M | 0.05% |
346,400
+17,600
| +5% | +$2.7M |
|
423
Cameco
CCJ
$44.6B
| $53.9M | 0.05% |
1,250,926
+334,877
| +37% | +$14M |
|
424
Corcept Therapeutics
CORT
$13.2B
| $53.9M | 0.05% |
1,658,638
+140,531
| +9% | +$3.86M |
|
425
Analog Devices
ADI
$182B
| $53.6M | 0.05% |
270,141
+3,602
| +1% | +$643K |
|
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.