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 |
Netflix
NFLX
|
+$751M |
| 2 |
Advanced Micro Devices
AMD
|
+$751M |
| 3 |
Micron Technology
MU
|
+$426M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$363M |
| 5 |
ExxonMobil
XOM
|
+$356M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$546M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$485M |
| 3 |
VMW
VMware, Inc
VMW
|
+$393M |
| 4 |
Microsoft
MSFT
|
+$336M |
| 5 |
UnitedHealth
UNH
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.03% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Healthcare | 5.77% |
| 4 | Financials | 5.47% |
| 5 | Communication Services | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SLCA
1976
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $3.87M | ﹤0.01% |
342,373
-302,731
| -47% | -$3.59M |
|
1977
Addus HomeCare
ADUS
$2.25B
| $3.87M | ﹤0.01% |
41,702
+5,077
| +14% | +$441K |
|
1978
iShares US Home Construction ETF
ITB
$2.27B
| $3.87M | ﹤0.01% |
+38,064
| New | +$3.23M |
|
1979
CALL
PVH
PVH
$3.62B
| $3.87M | ﹤0.01% |
31,700
-10,000
| -24% | -$895K |
|
1980
CALL
Citizens Financial Group
CFG
$29.7B
| $3.87M | ﹤0.01% |
116,800
-151,900
| -57% | -$4.18M |
|
1981
CarParts.com
PRTS
$49M
| $3.87M | ﹤0.01% |
122,357
+35,914
| +42% | +$1.21M |
|
|
TWOU
1982
DELISTED
2U Inc
TWOU
| $3.87M | ﹤0.01% |
104,781
+17,424
| +20% | +$851K |
|
1983
Universal Insurance Holdings
UVE
$1.22B
| $3.86M | ﹤0.01% |
241,350
-43,263
| -15% | -$674K |
|
|
VZIO
1984
DELISTED
VIZIO Holding Corp.
VZIO
| $3.84M | ﹤0.01% |
498,497
+315,880
| +173% | +$1.98M |
|
1985
MarketAxess Holdings
MKTX
$5.72B
| $3.84M | ﹤0.01% |
13,106
-93,283
| -88% | -$22.6M |
|
|
WBS
1986
DELISTED
Webster Financial
WBS
| $3.84M | ﹤0.01% |
+75,592
| New | +$3.27M |
|
1987
nLIGHT
LASR
$2.52B
| $3.84M | ﹤0.01% |
284,128
-84,734
| -23% | -$948K |
|
1988
Chefs' Warehouse
CHEF
$4.57B
| $3.84M | ﹤0.01% |
130,314
-78,054
| -37% | -$1.88M |
|
1989
Anika Therapeutics
ANIK
$290M
| $3.84M | ﹤0.01% |
169,244
-22,821
| -12% | -$472K |
|
1990
Signet Jewelers
SIG
$3.25B
| $3.82M | ﹤0.01% |
35,644
-54,471
| -60% | -$4.47M |
|
1991
NerdWallet
NRDS
$626M
| $3.82M | ﹤0.01% |
259,506
+70,865
| +38% | +$781K |
|
|
TPH
1992
DELISTED
Tri Pointe Homes
TPH
| $3.81M | ﹤0.01% |
107,640
-99,828
| -48% | -$2.9M |
|
1993
CF Industries
CF
$19B
| $3.8M | ﹤0.01% |
47,758
-281,773
| -86% | -$22.4M |
|
1994
uniQure
QURE
$3.53B
| $3.79M | ﹤0.01% |
560,331
+148,595
| +36% | +$982K |
|
|
AESC
1995
DELISTED
The AES Corporation
AESC
| $3.79M | ﹤0.01% |
+50,000
| New | +$3.24M |
|
1996
Flowserve
FLS
$10.5B
| $3.79M | ﹤0.01% |
+91,888
| New | +$3.53M |
|
1997
PUT
Henry Schein
HSIC
$10.1B
| $3.79M | ﹤0.01% |
+50,000
| New | +$3.5M |
|
1998
Nelnet
NNI
$4.57B
| $3.78M | ﹤0.01% |
42,893
+22,817
| +114% | +$1.97M |
|
1999
RE/MAX Holdings
RMAX
| $3.78M | ﹤0.01% |
283,652
+9,401
| +3% | +$103K |
|
|
CSGS
2000
DELISTED
CSG Systems International
CSGS
| $3.78M | ﹤0.01% |
71,028
+11,129
| +19% | +$570K |
|
Similar funds
David Shaw's Q4 2023 Portfolio in Review
As of Q4 2023, David Shaw held 4,806 positions worth $114B, up 19% from $95.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
David Shaw's Q4 2023 filing shows 575 new, 1,549 increased, 1,464 reduced and 527 closed positions. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M. The largest sale was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $546M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- David Shaw's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 2,424,593 shares worth $188M.
- David Shaw added most to Netflix in Q4 2023, an estimated $751M increase.
- David Shaw's biggest Q4 2023 reduction was Microsoft, cutting an estimated $336M.
- David Shaw fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q4 2023, selling an estimated $546M.
- David Shaw's ten largest holdings make up 12% of its $114B portfolio in Q4 2023.
- David Shaw opened 575 new positions and closed 527 in Q4 2023.
- David Shaw's portfolio value rose 19% quarter-over-quarter to $114B.
Based on D.E. Shaw & Co's 13F filing for Q4 2023, filed 14 Feb 2024.