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 | |
|---|---|---|---|---|---|---|
1201
Boston Properties
BXP
$11.2B
| $10.8M | 0.01% |
154,192
+65,259
| +73% | +$3.85M |
|
|
SQSP
1202
DELISTED
Squarespace, Inc.
SQSP
| $10.8M | 0.01% |
327,596
-16,722
| -5% | -$489K |
|
1203
CALL
Live Nation Entertainment
LYV
$43B
| $10.8M | 0.01% |
115,000
+25,000
| +28% | +$2.15M |
|
1204
PUT
Canadian Imperial Bank of Commerce
CM
$105B
| $10.8M | 0.01% |
223,500
+123,500
| +124% | +$4.94M |
|
1205
CALL
Celestica
CLS
$37.1B
| $10.8M | 0.01% |
367,400
+219,100
| +148% | +$5.83M |
|
1206
Invesco
IVZ
$14.3B
| $10.7M | 0.01% |
601,762
-1,433,944
| -70% | -$20.7M |
|
|
VTLE
1207
DELISTED
Vital Energy
VTLE
| $10.7M | 0.01% |
234,380
-49,532
| -17% | -$2.37M |
|
1208
PUT
First Citizens BancShares
FCNCA
$24.7B
| $10.6M | 0.01% |
7,500
-2,500
| -25% | -$3.51M |
|
1209
CALL
Jabil
JBL
$31.9B
| $10.6M | 0.01% |
83,400
-5,400
| -6% | -$688K |
|
1210
CALL
Norfolk Southern
NSC
$79.3B
| $10.6M | 0.01% |
+44,900
| New | +$9.41M |
|
1211
FTI Consulting
FCN
$4.29B
| $10.6M | 0.01% |
53,259
-18,119
| -25% | -$3.75M |
|
1212
CALL
Warner Bros
WBD
$72B
| $10.6M | 0.01% |
930,500
| – | – |
|
1213
National Vision
EYE
$1.44B
| $10.6M | 0.01% |
504,709
-239,515
| -32% | -$4.25M |
|
1214
Sally Beauty Holdings
SBH
$1.56B
| $10.5M | 0.01% |
793,935
-261,023
| -25% | -$2.53M |
|
1215
Ameriprise Financial
AMP
$49.6B
| $10.5M | 0.01% |
27,712
-64,545
| -70% | -$22.1M |
|
1216
Healthpeak Properties
DOC
$14.9B
| $10.5M | 0.01% |
529,546
-580,082
| -52% | -$10.2M |
|
1217
CALL
Phillips 66
PSX
$96.5B
| $10.5M | 0.01% |
78,700
+22,100
| +39% | +$2.64M |
|
1218
CALL
Bloom Energy
BE
$60.1B
| $10.4M | 0.01% |
705,400
+495,100
| +235% | +$6.19M |
|
1219
PUT
Antero Resources
AR
$11.7B
| $10.4M | 0.01% |
460,200
+190,200
| +70% | +$4.82M |
|
1220
PBF Energy
PBF
$8.24B
| $10.4M | 0.01% |
237,305
-47,829
| -17% | -$2.17M |
|
1221
CBRE Group
CBRE
$44B
| $10.4M | 0.01% |
111,896
-441,016
| -80% | -$34.3M |
|
1222
CALL
Archer Daniels Midland
ADM
$37.7B
| $10.4M | 0.01% |
143,600
+21,400
| +18% | +$1.57M |
|
1223
PUT
DexCom
DXCM
$34.4B
| $10.4M | 0.01% |
83,500
+75,000
| +882% | +$7.66M |
|
1224
CALL
PennyMac Financial
PFSI
$3.91B
| $10.4M | 0.01% |
117,200
| – | – |
|
1225
CALL
Consolidated Edison
ED
$39.8B
| $10.3M | 0.01% |
113,200
| – | – |
|
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.