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 | |
|---|---|---|---|---|---|---|
126
General Motors
GM
$77.2B
| $158M | 0.16% |
4,778,882
+3,241,076
| +211% | +$115M |
|
127
PUT
Pfizer
PFE
$160B
| $157M | 0.16% |
4,734,800
+2,193,700
| +86% | +$77.6M |
|
128
CALL
Bank of America
BAC
$431B
| $157M | 0.16% |
5,733,900
-1,178,200
| -17% | -$34.9M |
|
129
PUT
Verizon
VZ
$205B
| $156M | 0.16% |
4,823,300
+2,308,500
| +92% | +$78M |
|
130
Morgan Stanley
MS
$336B
| $156M | 0.16% |
1,905,610
+1,649,327
| +644% | +$143M |
|
131
CALL
Mastercard
MA
$509B
| $154M | 0.16% |
388,700
+48,300
| +14% | +$19.4M |
|
132
CME Group
CME
$98.9B
| $152M | 0.16% |
760,232
-169,839
| -18% | -$33.8M |
|
133
PUT
Airbnb
ABNB
$110B
| $151M | 0.16% |
1,103,000
-232,100
| -17% | -$32M |
|
134
Dollar Tree
DLTR
$25.3B
| $151M | 0.16% |
1,419,047
+242,501
| +21% | +$32.5M |
|
135
CALL
Goldman Sachs
GS
$303B
| $151M | 0.16% |
465,600
+99,900
| +27% | +$33.4M |
|
136
CALL
Advanced Micro Devices
AMD
$773B
| $150M | 0.16% |
1,460,200
+673,200
| +86% | +$73.1M |
|
137
Check Point Software Technologies
CHKP
$13.3B
| $149M | 0.16% |
1,116,848
-473,042
| -30% | -$62.1M |
|
138
Cognizant
CTSH
$27.9B
| $149M | 0.16% |
2,197,141
+797,031
| +57% | +$55M |
|
139
Advance Auto Parts
AAP
$2.57B
| $146M | 0.15% |
2,612,663
+950,857
| +57% | +$63.7M |
|
140
CALL
IBM
IBM
$222B
| $146M | 0.15% |
1,040,700
-12,100
| -1% | -$1.72M |
|
141
Zscaler
ZS
$29.4B
| $146M | 0.15% |
937,839
-87,735
| -9% | -$13.2M |
|
142
CALL
Pinduoduo
PDD
$126B
| $145M | 0.15% |
1,473,900
+530,200
| +56% | +$45.7M |
|
143
NXP Semiconductors
NXPI
$56.9B
| $144M | 0.15% |
719,835
+662,510
| +1,156% | +$137M |
|
|
144
CALL
Eli Lilly
LLY
$1.12T
| $144M | 0.15% |
267,900
+74,100
| +38% | +$38.2M |
|
|
LBRDK
145
DELISTED
Liberty Broadband Class C
LBRDK
| $143M | 0.15% |
1,561,499
-51,084
| -3% | -$4.56M |
|
146
CALL
Occidental Petroleum
OXY
$61.3B
| $142M | 0.15% |
2,189,400
+620,000
| +40% | +$39M |
|
147
Elevance Health
ELV
$86.9B
| $142M | 0.15% |
326,129
+21,371
| +7% | +$9.69M |
|
148
First Citizens BancShares
FCNCA
$24.7B
| $142M | 0.15% |
102,665
+36,141
| +54% | +$49.7M |
|
149
Broadcom
AVGO
$1.75T
| $141M | 0.15% |
1,701,090
+462,150
| +37% | +$40.1M |
|
150
McKesson
MCK
$100B
| $140M | 0.15% |
321,246
-155,665
| -33% | -$65.6M |
|
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.