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 | |
|---|---|---|---|---|---|---|
2051
Cannae Holdings
CNNE
$671M
| $3.58M | ﹤0.01% |
183,297
+46,496
| +34% | +$847K |
|
|
NVO
2052
CALL
Novo Nordisk
NVO
$209B
| $3.57M | ﹤0.01% |
34,500
+31,100
| +915% | +$3.08M |
|
2053
Daktronics
DAKT
$942M
| $3.56M | ﹤0.01% |
420,352
-126,113
| -23% | -$1.2M |
|
2054
Omnicom Group
OMC
$24.1B
| $3.56M | ﹤0.01% |
41,180
-55,239
| -57% | -$4.36M |
|
2055
Commercial Metals
CMC
$7.57B
| $3.56M | ﹤0.01% |
71,138
-386,060
| -84% | -$17.6M |
|
2056
Tilray
TLRY
$638M
| $3.56M | ﹤0.01% |
154,700
+43,733
| +39% | +$843K |
|
2057
CALL
Polaris
PII
$3.63B
| $3.55M | ﹤0.01% |
37,500
| – | – |
|
2058
CALL
Kinsale Capital Group
KNSL
$8.82B
| $3.55M | ﹤0.01% |
10,600
| – | – |
|
2059
Howmet Aerospace
HWM
$107B
| $3.55M | ﹤0.01% |
65,583
+34,667
| +112% | +$1.71M |
|
|
SFBS
2060
ServisFirst Bancshares
SFBS
$4.74B
| $3.55M | ﹤0.01% |
106,470
-50,800
| -32% | -$1.37M |
|
|
CBAY
2061
CALL
DELISTED
Cymabay Therapeutics
CBAY
| $3.54M | ﹤0.01% |
+150,000
| New | +$2.67M |
|
2062
Citi Trends
CTRN
$576M
| $3.53M | ﹤0.01% |
124,858
-1,452
| -1% | -$35.3K |
|
2063
PUT
Tower Semiconductor
TSEM
$25B
| $3.53M | ﹤0.01% |
115,500
+40,000
| +53% | +$1.04M |
|
2064
VTEX
VTEX
$605M
| $3.52M | ﹤0.01% |
512,028
-142,901
| -22% | -$872K |
|
2065
SunCoke Energy
SXC
$833M
| $3.52M | ﹤0.01% |
327,965
+24,786
| +8% | +$236K |
|
2066
CALL
Tidewater
TDW
$4.42B
| $3.52M | ﹤0.01% |
48,800
+28,800
| +144% | +$1.86M |
|
2067
CALL
Fortinet
FTNT
$116B
| $3.51M | ﹤0.01% |
60,000
| – | – |
|
2068
Waters Corp
WAT
$40.7B
| $3.5M | ﹤0.01% |
10,646
-20,014
| -65% | -$5.53M |
|
2069
PUT
Federal Agricultural Mortgage
AGM
$2.37B
| $3.5M | ﹤0.01% |
+18,300
| New | +$2.98M |
|
2070
Arvinas
ARVN
$609M
| $3.5M | ﹤0.01% |
84,931
+64,131
| +308% | +$1.5M |
|
2071
Bristow Group
VTOL
$1.34B
| $3.49M | ﹤0.01% |
123,475
+12,665
| +11% | +$342K |
|
2072
CALL
eBay
EBAY
$46.4B
| $3.49M | ﹤0.01% |
+80,000
| New | +$3.31M |
|
2073
CALL
T. Rowe Price
TROW
$24B
| $3.49M | ﹤0.01% |
32,400
| – | – |
|
2074
Darden Restaurants
DRI
$24.8B
| $3.48M | ﹤0.01% |
21,210
-2,509
| -11% | -$380K |
|
2075
United Rentals
URI
$65.8B
| $3.48M | ﹤0.01% |
6,076
-5,123
| -46% | -$2.42M |
|
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.