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 | |
|---|---|---|---|---|---|---|
151
PUT
Boeing
BA
$169B
| $139M | 0.15% |
726,300
-304,000
| -30% | -$66.5M |
|
152
CALL
Citigroup
C
$221B
| $139M | 0.14% |
3,370,800
+215,400
| +7% | +$9.45M |
|
153
CALL
Alibaba
BABA
$286B
| $137M | 0.14% |
1,581,800
-209,000
| -12% | -$19.1M |
|
154
CALL
PepsiCo
PEP
$196B
| $136M | 0.14% |
804,800
+192,900
| +32% | +$35M |
|
155
PUT
lululemon athletica
LULU
$13.7B
| $136M | 0.14% |
352,900
+68,000
| +24% | +$26M |
|
156
CALL
Oracle
ORCL
$422B
| $136M | 0.14% |
1,284,400
+503,100
| +64% | +$58.2M |
|
157
CALL
Mercado Libre
MELI
$97.5B
| $136M | 0.14% |
107,000
+16,500
| +18% | +$21M |
|
158
CNX Resources
CNX
$5.38B
| $135M | 0.14% |
5,959,657
+1,844,984
| +45% | +$38.2M |
|
159
CALL
Caterpillar
CAT
$381B
| $132M | 0.14% |
484,400
+89,600
| +23% | +$24.3M |
|
160
PUT
Salesforce
CRM
$171B
| $131M | 0.14% |
645,800
-49,300
| -7% | -$10.7M |
|
161
Berkshire Hathaway Class B
BRK.B
$1.06T
| $131M | 0.14% |
373,112
+57,739
| +18% | +$20.5M |
|
162
PUT
MongoDB
MDB
$34.7B
| $130M | 0.14% |
376,100
+110,500
| +42% | +$41.9M |
|
163
PUT
Albemarle
ALB
$16.9B
| $129M | 0.13% |
756,500
+150,900
| +25% | +$30.1M |
|
|
164
PUT
Nike
NKE
$60.5B
| $127M | 0.13% |
1,331,300
+597,100
| +81% | +$61.4M |
|
165
Range Resources
RRC
$9.59B
| $127M | 0.13% |
3,927,423
-910,199
| -19% | -$28.5M |
|
166
Fortinet
FTNT
$113B
| $127M | 0.13% |
2,160,336
-737,850
| -25% | -$48.8M |
|
167
Shell
SHEL
$257B
| $123M | 0.13% |
1,916,476
+481,153
| +34% | +$29.9M |
|
168
PUT
Spotify
SPOT
$110B
| $122M | 0.13% |
790,600
+206,200
| +35% | +$31.4M |
|
169
Mondelez International
MDLZ
$82.3B
| $122M | 0.13% |
1,755,510
-422,516
| -19% | -$30.4M |
|
170
CALL
Shift4
FOUR
$3.78B
| $122M | 0.13% |
2,199,900
| – | – |
|
171
PUT
Chevron
CVX
$403B
| $121M | 0.13% |
719,200
-719,800
| -50% | -$116M |
|
172
CALL
Airbnb
ABNB
$110B
| $121M | 0.13% |
881,600
+236,500
| +37% | +$32.7M |
|
173
Cboe Global Markets
CBOE
$31.4B
| $120M | 0.13% |
769,865
-156,324
| -17% | -$23M |
|
174
Rivian
RIVN
$24.6B
| $118M | 0.12% |
4,879,889
+4,537,836
| +1,327% | +$106M |
|
175
PUT
JD.com
JD
$39.7B
| $118M | 0.12% |
4,063,300
+1,078,000
| +36% | +$37.5M |
|
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.