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 |
GE Aerospace
GE
|
+$570M |
| 2 |
Meta Platforms (Facebook)
META
|
+$469M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$342M |
| 4 |
Merck
MRK
|
+$322M |
| 5 |
MON
Monsanto Co
MON
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$434M |
| 2 |
Netflix
NFLX
|
+$301M |
| 3 |
Alibaba
BABA
|
+$245M |
| 4 |
Verizon
VZ
|
+$235M |
| 5 |
Tesla
TSLA
|
+$230M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.95% |
| 2 | Healthcare | 11.57% |
| 3 | Consumer Discretionary | 9.23% |
| 4 | Communication Services | 8.8% |
| 5 | Industrials | 7.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VXX
201
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $88.8M | 0.12% |
+3,178,870
| New | +$105M |
|
202
Honeywell
HON
$68.4B
| $88.6M | 0.12% |
639,882
+428,710
| +203% | +$57.5M |
|
|
QEP
203
DELISTED
QEP RESOURCES, INC.
QEP
| $88M | 0.12% |
9,198,905
+845,566
| +10% | +$7.66M |
|
204
IQVIA
IQV
$42.8B
| $88M | 0.12% |
899,004
+496,559
| +123% | +$50.6M |
|
205
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $87.8M | 0.12% |
1,911,429
+34,300
| +2% | +$1.53M |
|
|
SPLK
206
DELISTED
Splunk Inc
SPLK
| $87M | 0.12% |
1,049,748
+677,392
| +182% | +$49.7M |
|
207
Fidelity National Financial
FNF
$12.7B
| $86.5M | 0.12% |
2,293,786
-472,950
| -17% | -$17.2M |
|
|
SEE
208
DELISTED
Sealed Air
SEE
| $86.5M | 0.12% |
1,753,724
-311,768
| -15% | -$14.3M |
|
209
CALL
Goldman Sachs
GS
$303B
| $86M | 0.12% |
337,400
+19,100
| +6% | +$4.68M |
|
210
CALL
NVIDIA
NVDA
$5.2T
| $84.4M | 0.12% |
17,456,000
-288,000
| -2% | -$1.43M |
|
211
CALL
ExxonMobil
XOM
$679B
| $83.6M | 0.12% |
1,000,000
-392,000
| -28% | -$32.4M |
|
|
MSCC
212
DELISTED
Microsemi Corp
MSCC
| $83M | 0.11% |
1,606,787
+257,753
| +19% | +$13.5M |
|
213
Devon Energy
DVN
$54B
| $82.8M | 0.11% |
1,999,249
-468,735
| -19% | -$17.7M |
|
214
PUT
Intel
INTC
$476B
| $81.5M | 0.11% |
1,765,100
+1,612,600
| +1,057% | +$70.4M |
|
215
Moody's
MCO
$87.2B
| $81.1M | 0.11% |
549,446
-53,232
| -9% | -$7.8M |
|
216
SBA Communications
SBAC
$19.4B
| $81.1M | 0.11% |
496,382
-11,444
| -2% | -$1.82M |
|
217
Citizens Financial Group
CFG
$29.4B
| $81.1M | 0.11% |
1,930,864
-183,667
| -9% | -$7.18M |
|
|
218
CALL
Apple
AAPL
$4.51T
| $80.9M | 0.11% |
1,912,800
+701,200
| +58% | +$29.3M |
|
219
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $80.6M | 0.11% |
1,417,228
+27,000
| +2% | +$1.51M |
|
220
Micron Technology
MU
$1.09T
| $80.2M | 0.11% |
1,950,076
-3,678,092
| -65% | -$158M |
|
221
Graphic Packaging
GPK
$3.54B
| $79.7M | 0.11% |
5,161,589
-734,799
| -12% | -$11.1M |
|
222
Waste Management
WM
$89.6B
| $79.5M | 0.11% |
920,826
-131,948
| -13% | -$10.7M |
|
223
PUT
Johnson & Johnson
JNJ
$651B
| $79.4M | 0.11% |
568,300
-70,500
| -11% | -$9.82M |
|
|
CELG
224
DELISTED
Celgene Corp
CELG
| $78.9M | 0.11% |
756,471
-908,679
| -55% | -$103M |
|
225
PUT
PayPal
PYPL
$52.7B
| $78.2M | 0.11% |
1,061,700
+551,700
| +108% | +$39.9M |
|
Similar funds
David Shaw's Q4 2017 Portfolio in Review
As of Q4 2017, David Shaw held 3,940 positions worth $72.6B, up 12% from $65.1B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
David Shaw deployed $3.73B of net new capital in Q4 2017, opening 507 new positions and adding to 1,441 existing holdings. Its largest new stake was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $434M trimmed.
- David Shaw's largest Q4 2017 buy was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 3,178,870 shares worth $88.8M.
- David Shaw added most to GE Aerospace in Q4 2017, an estimated $570M increase.
- David Shaw's biggest Q4 2017 reduction was Apple, cutting an estimated $434M.
- David Shaw fully exited Tesla in Q4 2017, selling an estimated $230M.
- David Shaw's ten largest holdings make up 9.5% of its $72.6B portfolio in Q4 2017.
- David Shaw opened 507 new positions and closed 394 in Q4 2017.
- David Shaw's portfolio value rose 12% quarter-over-quarter to $72.6B.
Based on D.E. Shaw & Co's 13F filing for Q4 2017, filed 14 Feb 2018.