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 |
Amazon
AMZN
|
+$516M |
| 2 |
Estee Lauder
EL
|
+$487M |
| 3 |
Microsoft
MSFT
|
+$482M |
| 4 |
Nike
NKE
|
+$252M |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$247M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$584M |
| 2 |
Tesla
TSLA
|
+$483M |
| 3 |
NVIDIA
NVDA
|
+$444M |
| 4 |
Eli Lilly
LLY
|
+$345M |
| 5 |
T-Mobile US
TMUS
|
+$296M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.67% |
| 2 | Consumer Discretionary | 9.3% |
| 3 | Healthcare | 7.82% |
| 4 | Financials | 5.66% |
| 5 | Industrials | 4.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Kornit Digital
KRNT
$719M
| $18.7M | 0.02% |
990,609
-164,995
| -14% | -$4.07M |
|
827
SoFi Technologies
SOFI
$24.5B
| $18.7M | 0.02% |
2,339,950
-13,197,555
| -85% | -$116M |
|
828
DNOW Inc
DNOW
$2.85B
| $18.7M | 0.02% |
1,574,801
-179,796
| -10% | -$2.01M |
|
829
PUT
Toronto Dominion Bank
TD
$197B
| $18.7M | 0.02% |
310,000
| – | – |
|
830
CALL
Carrier Global
CARR
$48.2B
| $18.7M | 0.02% |
+338,300
| New | +$18.6M |
|
831
PUT
RTX Corp
RTX
$283B
| $18.7M | 0.02% |
259,200
+219,200
| +548% | +$18.8M |
|
832
Q2 Holdings
QTWO
$3.98B
| $18.5M | 0.02% |
574,212
-143,710
| -20% | -$4.76M |
|
833
CALL
Wynn Resorts
WYNN
$10.2B
| $18.5M | 0.02% |
200,400
-9,000
| -4% | -$903K |
|
834
PUT
Cummins
CMI
$78.8B
| $18.5M | 0.02% |
80,900
+30,600
| +61% | +$7.39M |
|
835
Bread Financial
BFH
$4.14B
| $18.5M | 0.02% |
539,971
-131,517
| -20% | -$4.82M |
|
836
PUT
Prudential Financial
PRU
$41.5B
| $18.5M | 0.02% |
194,600
+74,900
| +63% | +$7.08M |
|
|
ATVI
837
PUT
DELISTED
Activision Blizzard
ATVI
| $18.4M | 0.02% |
197,000
| – | – |
|
838
PUT
Dow Inc
DOW
$21.8B
| $18.4M | 0.02% |
357,500
+19,500
| +6% | +$1.05M |
|
839
Fluence Energy
FLNC
$1.61B
| $18.4M | 0.02% |
801,212
+256,231
| +47% | +$6.61M |
|
840
LyondellBasell Industries
LYB
$20.2B
| $18.4M | 0.02% |
194,504
+48,633
| +33% | +$4.68M |
|
|
SUM
841
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $18.4M | 0.02% |
591,025
+240,232
| +68% | +$8.55M |
|
842
PUT
Ally Financial
ALLY
$13B
| $18.4M | 0.02% |
689,700
+96,400
| +16% | +$2.69M |
|
843
Emerson Electric
EMR
$86.4B
| $18.4M | 0.02% |
190,478
-2,408,804
| -93% | -$229M |
|
844
PUT
Comcast
CMCSA
$96.2B
| $18.4M | 0.02% |
414,200
-5,200
| -1% | -$232K |
|
845
CALL
Nucor
NUE
$56.2B
| $18.3M | 0.02% |
117,000
| – | – |
|
846
Interactive Brokers
IBKR
$44.5B
| $18.3M | 0.02% |
843,364
+531,288
| +170% | +$11.8M |
|
847
Cincinnati Financial
CINF
$26.3B
| $18.2M | 0.02% |
177,973
+160,095
| +895% | +$16.7M |
|
848
PUT
Macy's
M
$5.94B
| $18.2M | 0.02% |
1,566,700
+1,280,300
| +447% | +$17.9M |
|
|
DFS
849
DELISTED
Discover Financial Services
DFS
| $18.1M | 0.02% |
209,251
-348,292
| -62% | -$34.6M |
|
850
Match Group
MTCH
$9.68B
| $18.1M | 0.02% |
461,995
-311,331
| -40% | -$13.8M |
|
Similar funds
David Shaw's Q3 2023 Portfolio in Review
As of Q3 2023, David Shaw held 4,689 positions worth $95.8B, down 2.2% from $97.9B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
David Shaw withdrew a net $2.99B in Q3 2023, closing 472 positions and reducing 1,535 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, David Shaw opened a new position in NiSource Inc. Series A Corporate Units worth $52.6M.
- David Shaw's largest Q3 2023 buy was NiSource Inc. Series A Corporate Units: 540,000 shares worth $52.6M.
- David Shaw added most to Amazon in Q3 2023, an estimated $516M increase.
- David Shaw's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $584M.
- David Shaw fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $174M.
- David Shaw's ten largest holdings make up 12% of its $95.8B portfolio in Q3 2023.
- David Shaw opened 482 new positions and closed 472 in Q3 2023.
- David Shaw's portfolio value fell 2.2% quarter-over-quarter to $95.8B.
Based on D.E. Shaw & Co's 13F filing for Q3 2023, filed 14 Nov 2023.