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 |
Broadcom
AVGO
|
+$520M |
| 2 |
Accenture
ACN
|
+$474M |
| 3 |
Intel
INTC
|
+$436M |
| 4 |
Adobe
ADBE
|
+$318M |
| 5 |
Northrop Grumman
NOC
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.23B |
| 2 |
Apple
AAPL
|
+$900M |
| 3 |
Microsoft
MSFT
|
+$733M |
| 4 |
Netflix
NFLX
|
+$637M |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$542M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.68% |
| 2 | Consumer Discretionary | 10.14% |
| 3 | Financials | 7.13% |
| 4 | Healthcare | 6.41% |
| 5 | Industrials | 4.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Wells Fargo
WFC
$254B
| $131M | 0.12% |
2,210,097
+1,321,796
| +149% | +$78M |
|
177
Brinker International
EAT
$10.6B
| $131M | 0.12% |
1,809,696
+1,746,536
| +2,765% | +$104M |
|
178
Oracle
ORCL
$422B
| $131M | 0.12% |
927,472
-3,381,104
| -78% | -$420M |
|
179
Elevance Health
ELV
$86.9B
| $130M | 0.12% |
240,256
-76,657
| -24% | -$40.5M |
|
180
T-Mobile US
TMUS
$196B
| $130M | 0.12% |
735,633
-58,995
| -7% | -$9.89M |
|
181
CALL
Procter & Gamble
PG
$336B
| $129M | 0.12% |
779,200
-273,100
| -26% | -$44.6M |
|
182
First Solar
FSLR
$23B
| $128M | 0.12% |
566,216
+249,049
| +79% | +$54.3M |
|
183
McDonald's
MCD
$192B
| $127M | 0.12% |
497,449
+178,140
| +56% | +$47.3M |
|
184
Kimberly-Clark
KMB
$36.4B
| $127M | 0.12% |
917,075
+243,285
| +36% | +$32.5M |
|
|
185
PUT
Adobe
ADBE
$109B
| $127M | 0.12% |
227,900
+62,700
| +38% | +$30.4M |
|
186
PUT
MongoDB
MDB
$34.7B
| $126M | 0.12% |
502,700
+111,500
| +29% | +$35.2M |
|
187
Okta
OKTA
$23.5B
| $125M | 0.12% |
1,335,968
-642,115
| -32% | -$60.8M |
|
188
PUT
CVS Health
CVS
$119B
| $125M | 0.12% |
2,108,600
+400,000
| +23% | +$25M |
|
189
Natera
NTRA
$47.9B
| $124M | 0.12% |
1,145,362
+303,905
| +36% | +$30.9M |
|
190
Medpace
MEDP
$17.3B
| $123M | 0.12% |
299,865
-72,214
| -19% | -$28.6M |
|
|
XYZ
191
PUT
Block Inc
XYZ
$49.4B
| $123M | 0.11% |
1,905,800
-1,006,600
| -35% | -$70.4M |
|
192
PUT
Costco
COST
$420B
| $122M | 0.11% |
144,000
+68,400
| +90% | +$53.4M |
|
193
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $122M | 0.11% |
2,965,000
| – | – |
|
194
GE Vernova
GEV
$255B
| $122M | 0.11% |
709,938
+609,938
| +610% | +$96.7M |
|
195
Citigroup
C
$221B
| $121M | 0.11% |
1,911,119
+910,425
| +91% | +$56.1M |
|
196
Fortinet
FTNT
$113B
| $121M | 0.11% |
2,011,843
+613,739
| +44% | +$38.2M |
|
197
Veeva Systems
VEEV
$40.3B
| $120M | 0.11% |
657,509
+99,384
| +18% | +$19.7M |
|
198
Allstate
ALL
$64.2B
| $120M | 0.11% |
751,770
-43,583
| -5% | -$7.27M |
|
199
PUT
Freeport-McMoran
FCX
$110B
| $120M | 0.11% |
2,465,200
+1,494,500
| +154% | +$75.3M |
|
200
CALL
Micron Technology
MU
$1.09T
| $120M | 0.11% |
909,800
+348,000
| +62% | +$43.9M |
|
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David Shaw's Q2 2024 Portfolio in Review
As of Q2 2024, David Shaw held 4,975 positions worth $107B, down 8.5% from $117B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
David Shaw withdrew a net $20B in Q2 2024, closing 541 positions and reducing 1,567 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $542M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, David Shaw opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $258M.
- David Shaw's largest Q2 2024 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 2,917,600 shares worth $258M.
- David Shaw added most to Broadcom in Q2 2024, an estimated $520M increase.
- David Shaw's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $1.23B.
- David Shaw fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $542M.
- David Shaw's ten largest holdings make up 11% of its $107B portfolio in Q2 2024.
- David Shaw opened 693 new positions and closed 541 in Q2 2024.
- David Shaw's portfolio value fell 8.5% quarter-over-quarter to $107B.
Based on D.E. Shaw & Co's 13F filing for Q2 2024, filed 14 Aug 2024.