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 | |
|---|---|---|---|---|---|---|
901
Encore Capital Group
ECPG
$2.18B
| $17.2M | 0.02% |
341,256
+29,171
| +9% | +$1.53M |
|
902
GE Aerospace
GE
$363B
| $17.1M | 0.02% |
224,702
-4,517,635
| -95% | -$302M |
|
903
CALL
VF Corp
VFC
$5.41B
| $17.1M | 0.02% |
747,600
+647,700
| +648% | +$17M |
|
904
CALL
First Citizens BancShares
FCNCA
$24.5B
| $17.1M | 0.02% |
17,600
+1,100
| +7% | +$817K |
|
905
PUT
WIX.com
WIX
$3.61B
| $17.1M | 0.02% |
171,300
+12,700
| +8% | +$1.12M |
|
906
Q2 Holdings
QTWO
$3.95B
| $17.1M | 0.02% |
693,296
+231,045
| +50% | +$6.87M |
|
|
SEE
907
DELISTED
Sealed Air
SEE
| $17M | 0.02% |
370,781
+145,900
| +65% | +$7.25M |
|
908
Corcept Therapeutics
CORT
$13.3B
| $17M | 0.02% |
784,199
-408,159
| -34% | -$8.95M |
|
909
Fate Therapeutics
FATE
$298M
| $16.9M | 0.02% |
2,965,242
+2,707,319
| +1,050% | +$16.3M |
|
910
Raymond James Financial
RJF
$33.7B
| $16.9M | 0.02% |
180,956
-167,996
| -48% | -$17.8M |
|
911
CALL
Avis
CAR
$5.13B
| $16.9M | 0.02% |
86,600
-9,900
| -10% | -$1.99M |
|
912
Humana
HUM
$46.6B
| $16.9M | 0.02% |
34,737
-43,926
| -56% | -$21.7M |
|
|
ATVI
913
PUT
DELISTED
Activision Blizzard
ATVI
| $16.9M | 0.02% |
197,000
-406,300
| -67% | -$31.6M |
|
914
Digital Turbine
APPS
$1.28B
| $16.8M | 0.02% |
1,359,758
-670,406
| -33% | -$9.01M |
|
915
Western Union
WU
$2.27B
| $16.8M | 0.02% |
1,504,018
-352,125
| -19% | -$4.58M |
|
916
Merit Medical Systems
MMSI
$5.48B
| $16.7M | 0.02% |
226,365
+32,207
| +17% | +$2.26M |
|
917
CALL
Nucor
NUE
$56.1B
| $16.7M | 0.02% |
108,200
-158,000
| -59% | -$25.1M |
|
918
MINISO
MNSO
$3.36B
| $16.7M | 0.02% |
941,506
+556,524
| +145% | +$8.97M |
|
919
Service Corp International
SCI
$11.5B
| $16.6M | 0.02% |
242,034
-33,292
| -12% | -$2.3M |
|
920
Williams Companies
WMB
$87.9B
| $16.6M | 0.02% |
555,213
+371,241
| +202% | +$11.5M |
|
|
PPL
921
PPL Corp
PPL
$26.5B
| $16.5M | 0.02% |
595,078
+585,822
| +6,329% | +$16.6M |
|
922
PUT
Royal Caribbean
RCL
$77.9B
| $16.5M | 0.02% |
252,500
-157,800
| -38% | -$10.4M |
|
|
923
PUT
Avis
CAR
$5.13B
| $16.5M | 0.02% |
84,500
-39,600
| -32% | -$7.95M |
|
924
Under Armour
UAA
$2.2B
| $16.5M | 0.02% |
1,733,852
-126,137
| -7% | -$1.31M |
|
|
X
925
PUT
DELISTED
US Steel
X
| $16.4M | 0.02% |
629,000
-929,900
| -60% | -$25.8M |
|
Similar funds
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 $9.17B 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.