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 | |
|---|---|---|---|---|---|---|
2026
Equitable Holdings
EQH
$13.7B
| $3.43M | ﹤0.01% |
120,829
+33,036
| +38% | +$933K |
|
2027
Urban Outfitters
URBN
$6.75B
| $3.42M | ﹤0.01% |
104,742
-160,714
| -61% | -$5.5M |
|
2028
CALL
Fortis
FTS
$28B
| $3.42M | ﹤0.01% |
+90,000
| New | +$3.68M |
|
2029
Seaboard Corp
SEB
$3.78B
| $3.42M | ﹤0.01% |
910
-19
| -2% | -$69K |
|
2030
AMC Entertainment Holdings
AMC
$2.41B
| $3.41M | ﹤0.01% |
426,458
+362,405
| +566% | +$10.7M |
|
2031
Twilio
TWLO
$37.1B
| $3.41M | ﹤0.01% |
58,216
+52,679
| +951% | +$3.28M |
|
2032
Belden
BDC
$4.69B
| $3.41M | ﹤0.01% |
35,283
+14,739
| +72% | +$1.38M |
|
2033
CALL
T. Rowe Price
TROW
$24B
| $3.4M | ﹤0.01% |
+32,400
| New | +$3.65M |
|
2034
Darden Restaurants
DRI
$24B
| $3.4M | ﹤0.01% |
23,719
-34,711
| -59% | -$5.5M |
|
2035
GE HealthCare
GEHC
$32.7B
| $3.39M | ﹤0.01% |
49,849
-38,552
| -44% | -$2.8M |
|
|
NXH
2036
Neighborhood Intelligence Inc
NXH
$376M
| $3.38M | ﹤0.01% |
235,134
-1,597,866
| -87% | -$39.1M |
|
2037
CBIZ
CBZ
$2.97B
| $3.38M | ﹤0.01% |
65,138
-13,057
| -17% | -$704K |
|
2038
Stratasys
SSYS
$699M
| $3.37M | ﹤0.01% |
247,880
-379,193
| -60% | -$6M |
|
2039
Expensify
EXFY
$233M
| $3.37M | ﹤0.01% |
1,036,843
+521,885
| +101% | +$2.82M |
|
2040
Bath & Body Works
BBWI
$3.76B
| $3.37M | ﹤0.01% |
99,630
-152,141
| -60% | -$5.53M |
|
|
HYAC
2041
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $3.37M | ﹤0.01% |
+330,900
| New | +$3.37M |
|
2042
Laureate Education
LAUR
$5.38B
| $3.36M | ﹤0.01% |
238,548
-83,278
| -26% | -$1.12M |
|
2043
Pricesmart
PSMT
$5.34B
| $3.36M | ﹤0.01% |
45,171
+69
| +0.2% | +$5.33K |
|
2044
Employers Holdings
EIG
$880M
| $3.36M | ﹤0.01% |
84,067
+9,768
| +13% | +$378K |
|
2045
The Joint Corp
JYNT
$119M
| $3.36M | ﹤0.01% |
373,246
-29,570
| -7% | -$334K |
|
2046
Ranpak Holdings
PACK
$431M
| $3.34M | ﹤0.01% |
614,687
-99,841
| -14% | -$548K |
|
2047
GoDaddy
GDDY
$12.3B
| $3.34M | ﹤0.01% |
+44,861
| New | +$3.31M |
|
2048
CALL
Penske Automotive Group
PAG
$14.3B
| $3.34M | ﹤0.01% |
20,000
| – | – |
|
2049
Owens Corning
OC
$11.4B
| $3.34M | ﹤0.01% |
24,481
+11,529
| +89% | +$1.58M |
|
2050
TriMas Corp
TRS
$1.42B
| $3.32M | ﹤0.01% |
134,182
+20,950
| +19% | +$544K |
|
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.