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 | |
|---|---|---|---|---|---|---|
1701
Navient
NAVI
$856M
| $4.91M | 0.01% |
285,122
-285,222
| -50% | -$5.14M |
|
|
JKS
1702
PUT
JinkoSolar
JKS
$704M
| $4.91M | 0.01% |
161,600
+80,800
| +100% | +$2.9M |
|
1703
PUT
Union Pacific
UNP
$183B
| $4.91M | 0.01% |
24,100
-37,000
| -61% | -$8.06M |
|
1704
CALL
Huntsman Corp
HUN
$1.66B
| $4.88M | 0.01% |
+200,000
| New | +$5.42M |
|
1705
Americold
COLD
$4.34B
| $4.88M | 0.01% |
160,394
+54,851
| +52% | +$1.77M |
|
1706
Daktronics
DAKT
$938M
| $4.87M | 0.01% |
546,465
-133,709
| -20% | -$1.06M |
|
1707
Mercury Insurance
MCY
$5.6B
| $4.87M | 0.01% |
173,894
-63,391
| -27% | -$1.87M |
|
1708
Radian Group
RDN
$4.84B
| $4.86M | 0.01% |
193,494
+116,258
| +151% | +$3.07M |
|
1709
PUT
GitLab
GTLB
$7.35B
| $4.86M | 0.01% |
+107,400
| New | +$5.14M |
|
1710
CALL
Carlyle Group
CG
$17.7B
| $4.86M | 0.01% |
161,000
+61,000
| +61% | +$1.97M |
|
1711
Voyager Therapeutics
VYGR
$214M
| $4.85M | 0.01% |
626,123
-321,850
| -34% | -$2.94M |
|
1712
MiMedx Group
MDXG
$668M
| $4.84M | 0.01% |
663,713
-311,217
| -32% | -$2.32M |
|
1713
FuboTV Inc
FUBO
$310M
| $4.84M | 0.01% |
150,974
-205,791
| -58% | -$6.37M |
|
1714
Core Laboratories
CLB
$549M
| $4.83M | 0.01% |
201,327
+98,413
| +96% | +$2.42M |
|
1715
Mobileye
MBLY
$7.37B
| $4.82M | 0.01% |
116,122
-349,311
| -75% | -$13.4M |
|
1716
Pacira BioSciences
PCRX
$1.02B
| $4.82M | 0.01% |
157,062
+151,753
| +2,858% | +$5.47M |
|
|
OLO
1717
DELISTED
Olo Inc
OLO
| $4.82M | 0.01% |
794,748
+138,659
| +21% | +$906K |
|
1718
Popular Inc
BPOP
$10.7B
| $4.82M | 0.01% |
76,419
+3,273
| +4% | +$216K |
|
1719
CALL
Automatic Data Processing
ADP
$113B
| $4.81M | 0.01% |
20,000
| – | – |
|
1720
Target
TGT
$75.8B
| $4.81M | 0.01% |
43,511
-17,445
| -29% | -$2.21M |
|
1721
PUT
Teva Pharmaceuticals
TEVA
$43.8B
| $4.81M | 0.01% |
471,600
+75,000
| +19% | +$698K |
|
1722
Masco
MAS
$14.3B
| $4.79M | 0.01% |
89,539
+30,055
| +51% | +$1.73M |
|
1723
PUT
Visa
V
$711B
| $4.78M | 0.01% |
20,800
-170,100
| -89% | -$40.9M |
|
|
FFWM
1724
DELISTED
First Foundation Inc
FFWM
| $4.77M | 0.01% |
784,011
-372,839
| -32% | -$2.46M |
|
|
OSG
1725
Octave Specialty Group
OSG
$205M
| $4.76M | 0.01% |
394,977
+64,908
| +20% | +$872K |
|
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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 $5.84B 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.