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 |
Bank of America
BAC
|
+$327M |
| 2 |
Netflix
NFLX
|
+$275M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$219M |
| 4 |
Citigroup
C
|
+$211M |
| 5 |
Merck
MRK
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$558M |
| 2 |
ONXX
ONYX PHARMACEUTICALS INC
ONXX
|
+$259M |
| 3 |
Meta Platforms (Facebook)
META
|
+$252M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 5 |
IBM
IBM
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.49% |
| 2 | Technology | 7.17% |
| 3 | Consumer Discretionary | 7.02% |
| 4 | Healthcare | 6.66% |
| 5 | Communication Services | 6.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Sumitomo Mitsui Financial
SMFG
$162B
| $3.5M | ﹤0.01% |
333,205
+84,434
| +34% | +$840K |
|
1977
PUT
Public Storage
PSA
$59.3B
| $3.49M | ﹤0.01% |
23,200
+10,600
| +84% | +$1.69M |
|
1978
Western Digital
WDC
$169B
| $3.49M | ﹤0.01% |
54,972
+43,221
| +368% | +$2.41M |
|
|
ESL
1979
DELISTED
Esterline Technologies
ESL
| $3.48M | ﹤0.01% |
34,183
-77,147
| -69% | -$6.59M |
|
1980
Manhattan Associates
MANH
$12.6B
| $3.48M | ﹤0.01% |
118,636
+107,568
| +972% | +$2.96M |
|
|
CSC
1981
PUT
DELISTED
Computer Sciences
CSC
| $3.48M | ﹤0.01% |
147,838
| – | – |
|
1982
CALL
HF Sinclair
DINO
$17.2B
| $3.48M | ﹤0.01% |
70,000
+50,000
| +250% | +$2.28M |
|
1983
Unifirst Corp
UNF
$5.21B
| $3.47M | ﹤0.01% |
32,461
+2,008
| +7% | +$205K |
|
1984
CALL
Tyler Technologies
TYL
$14.4B
| $3.47M | ﹤0.01% |
34,000
-11,100
| -25% | -$1.08M |
|
1985
CALL
Agilent Technologies
A
$43.8B
| $3.47M | ﹤0.01% |
84,859
-24,884
| -23% | -$946K |
|
1986
CALL
Williams Companies
WMB
$91B
| $3.47M | ﹤0.01% |
90,000
-1,000
| -1% | -$36K |
|
1987
Navigator Holdings
NVGS
$1.32B
| $3.46M | ﹤0.01% |
+128,459
| New | +$2.99M |
|
1988
CALL
Methanex
MEOH
$4.4B
| $3.45M | ﹤0.01% |
58,300
+9,300
| +19% | +$537K |
|
1989
CALL
Whirlpool
WHR
$2.62B
| $3.45M | ﹤0.01% |
22,000
-38,000
| -63% | -$5.57M |
|
1990
Dillards
DDS
$9.87B
| $3.44M | ﹤0.01% |
35,442
+19,050
| +116% | +$1.65M |
|
1991
PUT
Broadridge
BR
$20.7B
| $3.44M | ﹤0.01% |
87,000
+60,100
| +223% | +$2.17M |
|
1992
CALL
Consolidated Edison
ED
$40B
| $3.43M | ﹤0.01% |
62,100
| – | – |
|
1993
Rio Tinto
RIO
$170B
| $3.42M | ﹤0.01% |
60,664
-110,665
| -65% | -$5.76M |
|
|
CAVM
1994
DELISTED
Cavium, Inc.
CAVM
| $3.42M | ﹤0.01% |
+98,996
| New | +$3.71M |
|
|
1995
CALL
Dillards
DDS
$9.87B
| $3.41M | ﹤0.01% |
35,100
+10,100
| +40% | +$875K |
|
|
INWK
1996
DELISTED
InnerWorkings, Inc.
INWK
| $3.41M | ﹤0.01% |
437,827
+282,221
| +181% | +$2.28M |
|
1997
CALL
Owens Corning
OC
$11.5B
| $3.41M | ﹤0.01% |
83,700
-50,000
| -37% | -$1.9M |
|
|
COV
1998
CALL
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $3.4M | ﹤0.01% |
+50,000
| New | +$3.25M |
|
1999
Calix
CALX
$2.42B
| $3.4M | ﹤0.01% |
352,992
-72,989
| -17% | -$781K |
|
2000
PUT
Williams-Sonoma
WSM
$28B
| $3.4M | ﹤0.01% |
116,600
+11,000
| +10% | +$308K |
|
Similar funds
David Shaw's Q4 2013 Portfolio in Review
As of Q4 2013, David Shaw held 4,972 positions worth $73.3B, up 17% from $62.7B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
David Shaw deployed $3.59B of net new capital in Q4 2013, opening 721 new positions and adding to 1,786 existing holdings. Its largest new stake was Allegion: 2,233,249 shares worth $98.7M.
By sector, the portfolio is most concentrated in Financials at 7.5% of assets, up from 7% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $252M trimmed.
- David Shaw's largest Q4 2013 buy was Allegion: 2,233,249 shares worth $98.7M.
- David Shaw added most to Bank of America in Q4 2013, an estimated $327M increase.
- David Shaw's biggest Q4 2013 reduction was Meta Platforms (Facebook), cutting an estimated $252M.
- David Shaw fully exited DELL INC in Q4 2013, selling an estimated $558M.
- David Shaw's ten largest holdings make up 13% of its $73.3B portfolio in Q4 2013.
- David Shaw opened 721 new positions and closed 549 in Q4 2013.
- David Shaw's portfolio value rose 17% quarter-over-quarter to $73.3B.
Based on D.E. Shaw & Co's 13F filing for Q4 2013, filed 14 Feb 2014.