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 | |
|---|---|---|---|---|---|---|
176
Carvana
CVNA
$76.9B
| $118M | 0.12% |
14,082,765
-5,480,450
| -28% | -$47.1M |
|
177
CALL
Uber
UBER
$161B
| $118M | 0.12% |
2,566,500
-640,800
| -20% | -$29.3M |
|
178
PUT
Qualcomm
QCOM
$169B
| $115M | 0.12% |
1,035,300
-328,900
| -24% | -$38.2M |
|
179
CALL
Cisco
CSCO
$438B
| $114M | 0.12% |
2,123,700
-162,900
| -7% | -$8.79M |
|
180
Deere & Co
DE
$175B
| $114M | 0.12% |
302,255
-378,071
| -56% | -$156M |
|
181
CALL
Costco
COST
$420B
| $114M | 0.12% |
201,100
+31,400
| +19% | +$17.3M |
|
182
CALL
Boeing
BA
$169B
| $113M | 0.12% |
588,600
-176,100
| -23% | -$38.5M |
|
183
RTX Corp
RTX
$283B
| $113M | 0.12% |
1,567,064
+1,180,062
| +305% | +$101M |
|
184
Agilent Technologies
A
$44.9B
| $113M | 0.12% |
1,006,781
-15,787
| -2% | -$1.89M |
|
185
PUT
Ford
F
$57.5B
| $112M | 0.12% |
9,042,300
-1,571,400
| -15% | -$20.4M |
|
186
Flex
FLEX
$40.8B
| $111M | 0.12% |
5,472,792
-824,374
| -13% | -$16.7M |
|
|
IMGN
187
DELISTED
Immunogen Inc
IMGN
| $111M | 0.12% |
6,995,239
+714,723
| +11% | +$11.9M |
|
188
PUT
JPMorgan Chase
JPM
$935B
| $111M | 0.12% |
764,900
-202,600
| -21% | -$30.4M |
|
189
Duolingo
DUOL
$6.84B
| $111M | 0.12% |
667,806
+18,365
| +3% | +$2.7M |
|
190
CALL
GE Aerospace
GE
$361B
| $110M | 0.12% |
1,248,615
+225,165
| +22% | +$20.2M |
|
191
Thermo Fisher Scientific
TMO
$233B
| $110M | 0.11% |
217,343
-52,575
| -19% | -$28M |
|
192
CALL
United Parcel Service
UPS
$86.8B
| $110M | 0.11% |
703,900
+192,200
| +38% | +$33.2M |
|
193
CALL
UnitedHealth
UNH
$350B
| $109M | 0.11% |
216,800
-13,200
| -6% | -$6.5M |
|
194
First Horizon
FHN
$11.7B
| $108M | 0.11% |
9,806,335
+2,007,413
| +26% | +$24.9M |
|
195
CALL
Snowflake
SNOW
$115B
| $108M | 0.11% |
704,800
+208,700
| +42% | +$34M |
|
196
PUT
Apple
AAPL
$4.51T
| $107M | 0.11% |
626,000
-459,500
| -42% | -$84.3M |
|
|
X
197
DELISTED
US Steel
X
| $106M | 0.11% |
3,248,444
-205,118
| -6% | -$5.75M |
|
198
Li Auto
LI
$12.8B
| $105M | 0.11% |
2,955,699
+2,831,909
| +2,288% | +$112M |
|
199
Hilton Worldwide
HLT
$73.5B
| $105M | 0.11% |
699,589
+228,200
| +48% | +$34.5M |
|
200
CALL
Coca-Cola
KO
$392B
| $104M | 0.11% |
1,865,700
+297,600
| +19% | +$17.8M |
|
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.