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 | Miscellaneous | 42.92% |
| 2 | Technology | 16.67% |
| 3 | Consumer Discretionary | 9.3% |
| 4 | Healthcare | 7.82% |
| 5 | Financials | 5.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Upbound Group
UPBD
$1.12B
| $3.74M | ﹤0.01% |
126,961
-101,806
| -45% | -$3.17M |
|
1952
Allegro MicroSystems
ALGM
$7.01B
| $3.74M | ﹤0.01% |
117,012
-88,117
| -43% | -$3.58M |
|
1953
PUT
Stanley Black & Decker
SWK
$15B
| $3.74M | ﹤0.01% |
44,700
-86,600
| -66% | -$8.02M |
|
|
NXGN
1954
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $3.74M | ﹤0.01% |
157,415
-99,887
| -39% | -$1.88M |
|
1955
TETRA Technologies
TTI
$1.03B
| $3.73M | ﹤0.01% |
585,363
+462,324
| +376% | +$2.38M |
|
1956
NMI Holdings
NMIH
$3.37B
| $3.73M | ﹤0.01% |
137,822
+124,122
| +906% | +$3.46M |
|
|
GES
1957
DELISTED
Guess Inc
GES
| $3.72M | ﹤0.01% |
172,103
+123,575
| +255% | +$2.61M |
|
1958
Mercury Systems
MRCY
$5.44B
| $3.72M | ﹤0.01% |
100,175
-23,871
| -19% | -$881K |
|
1959
CALL
Western Digital
WDC
$167B
| $3.71M | ﹤0.01% |
107,692
-21,830
| -17% | -$689K |
|
1960
Coeur Mining
CDE
$22.8B
| $3.71M | ﹤0.01% |
1,672,883
-422,974
| -20% | -$1.1M |
|
1961
PUT
Saia
SAIA
$9.39B
| $3.71M | ﹤0.01% |
+9,300
| New | +$3.75M |
|
1962
Beazer Homes USA
BZH
$886M
| $3.71M | ﹤0.01% |
148,814
-116,131
| -44% | -$3.35M |
|
1963
Clearway Energy Class C
CWEN
$6.65B
| $3.7M | ﹤0.01% |
175,082
-101,450
| -37% | -$2.58M |
|
1964
Amneal Pharmaceuticals
AMRX
$6.27B
| $3.69M | ﹤0.01% |
874,916
+252,690
| +41% | +$942K |
|
1965
CALL
Shake Shack
SHAK
$2.85B
| $3.69M | ﹤0.01% |
63,500
| – | – |
|
|
DO
1966
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $3.69M | ﹤0.01% |
251,126
-66,842
| -21% | -$1.02M |
|
1967
Ares Management
ARES
$32.1B
| $3.68M | ﹤0.01% |
35,807
+2,326
| +7% | +$235K |
|
1968
PUT
Live Nation Entertainment
LYV
$42.1B
| $3.68M | ﹤0.01% |
44,300
| – | – |
|
1969
State Street
STT
$53.1B
| $3.68M | ﹤0.01% |
54,893
-2,689
| -5% | -$190K |
|
|
SEE
1970
CALL
DELISTED
Sealed Air
SEE
| $3.67M | ﹤0.01% |
+111,800
| New | +$4.32M |
|
|
NOA
1971
North American Construction
NOA
$364M
| $3.67M | ﹤0.01% |
169,300
+50,200
| +42% | +$1.13M |
|
1972
CALL
Synchrony
SYF
$26B
| $3.67M | ﹤0.01% |
120,000
| – | – |
|
|
WIRE
1973
CALL
DELISTED
Encore Wire Corp
WIRE
| $3.67M | ﹤0.01% |
20,100
+12,100
| +151% | +$2.05M |
|
1974
Huazhu Hotels Group
HTHT
$14.7B
| $3.66M | ﹤0.01% |
92,895
-627,128
| -87% | -$26.5M |
|
1975
Enova International
ENVA
$5.91B
| $3.66M | ﹤0.01% |
71,970
+23,544
| +49% | +$1.23M |
|
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 $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 Miscellaneous at 43% of assets, up from 41% a quarter earlier, followed by Technology and Consumer Discretionary.
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.