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 | |
|---|---|---|---|---|---|---|
2301
Lemonade
LMND
$4.24B
| $2.41M | ﹤0.01% |
207,761
-149,145
| -42% | -$2.39M |
|
|
DAWN
2302
DELISTED
Day One Biopharmaceuticals
DAWN
| $2.41M | ﹤0.01% |
196,228
-17,188
| -8% | -$224K |
|
2303
PUT
Pembina Pipeline
PBA
$28.1B
| $2.41M | ﹤0.01% |
80,000
| – | – |
|
2304
PUT
American Water Works
AWK
$27.2B
| $2.4M | ﹤0.01% |
+19,400
| New | +$2.72M |
|
2305
Flowers Foods
FLO
$1.47B
| $2.4M | ﹤0.01% |
108,267
+64,582
| +148% | +$1.55M |
|
2306
HealthStream
HSTM
$841M
| $2.39M | ﹤0.01% |
110,950
+7,867
| +8% | +$174K |
|
2307
Lithia Motors
LAD
$8.11B
| $2.39M | ﹤0.01% |
+8,091
| New | +$2.47M |
|
|
FITB
2308
Fifth Third Bancorp
FITB
$49.3B
| $2.39M | ﹤0.01% |
94,247
-357,277
| -79% | -$9.64M |
|
2309
Franklin Covey
FC
$230M
| $2.39M | ﹤0.01% |
55,580
-26,224
| -32% | -$1.16M |
|
2310
PUT
Repligen
RGEN
$10.2B
| $2.39M | ﹤0.01% |
15,000
| – | – |
|
2311
Hercules Capital
HTGC
$3.29B
| $2.38M | ﹤0.01% |
145,108
-26,449
| -15% | -$433K |
|
2312
CALL
Rambus
RMBS
$9.89B
| $2.38M | ﹤0.01% |
42,700
| – | – |
|
2313
Onto Innovation
ONTO
$18B
| $2.38M | ﹤0.01% |
18,674
-494
| -3% | -$58.7K |
|
2314
Adtran
ADTN
$631M
| $2.38M | ﹤0.01% |
289,034
+271,882
| +1,585% | +$2.42M |
|
2315
PUT
Marriott Vacations Worldwide
VAC
$3.95B
| $2.37M | ﹤0.01% |
23,600
+10,100
| +75% | +$1.15M |
|
2316
PUT
ON Semiconductor
ON
$28.9B
| $2.37M | ﹤0.01% |
25,500
+4,000
| +19% | +$389K |
|
2317
CALL
Zebra Technologies
ZBRA
$17.2B
| $2.37M | ﹤0.01% |
+10,000
| New | +$2.72M |
|
2318
Warner Music
WMG
$14.5B
| $2.36M | ﹤0.01% |
75,132
-504,949
| -87% | -$15.8M |
|
|
PPL
2319
PUT
PPL Corp
PPL
$26.1B
| $2.36M | ﹤0.01% |
100,000
| – | – |
|
2320
CALL
Papa John's
PZZA
$763M
| $2.35M | ﹤0.01% |
+34,500
| New | +$2.67M |
|
2321
CALL
AGNC Investment
AGNC
$12.9B
| $2.35M | ﹤0.01% |
249,000
+19,000
| +8% | +$188K |
|
2322
Crane NXT
CXT
$2.86B
| $2.35M | ﹤0.01% |
42,276
+1,712
| +4% | +$99.3K |
|
2323
IMAX
IMAX
$2.84B
| $2.35M | ﹤0.01% |
121,525
-43,325
| -26% | -$798K |
|
2324
Pinduoduo
PDD
$121B
| $2.34M | ﹤0.01% |
23,907
-212,708
| -90% | -$18.3M |
|
2325
AptarGroup
ATR
$8.54B
| $2.34M | ﹤0.01% |
18,742
-20,008
| -52% | -$2.45M |
|
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.