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 | Miscellaneous | 46.17% |
| 2 | Technology | 17.03% |
| 3 | Consumer Discretionary | 9.51% |
| 4 | Healthcare | 5.77% |
| 5 | Financials | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
Revolve Group
RVLV
$1.64B
| $2.28M | ﹤0.01% |
137,366
-49,037
| -26% | -$724K |
|
2427
Noodles & Co
NDLS
$89.1M
| $2.28M | ﹤0.01% |
90,377
-4,980
| -5% | -$109K |
|
2428
CALL
Caleres
CAL
$423M
| $2.28M | ﹤0.01% |
+74,100
| New | +$2.09M |
|
|
VTLE
2429
CALL
DELISTED
Vital Energy
VTLE
| $2.27M | ﹤0.01% |
50,000
-56,600
| -53% | -$2.71M |
|
2430
Baytex Energy
BTE
$3.3B
| $2.27M | ﹤0.01% |
684,439
-1,282,889
| -65% | -$4.97M |
|
|
DESP
2431
DELISTED
Despegar.com
DESP
| $2.27M | ﹤0.01% |
240,178
+132,325
| +123% | +$1.02M |
|
2432
CALL
First Citizens BancShares
FCNCA
$24.4B
| $2.27M | ﹤0.01% |
1,600
-5,200
| -76% | -$7.3M |
|
2433
Palomar
PLMR
$3.38B
| $2.27M | ﹤0.01% |
+40,898
| New | +$2.29M |
|
2434
CALL
VF Corp
VFC
$5.42B
| $2.27M | ﹤0.01% |
120,700
+100
| +0.1% | +$1.72K |
|
|
ENV
2435
DELISTED
ENVESTNET, INC.
ENV
| $2.27M | ﹤0.01% |
45,785
-46,734
| -51% | -$1.91M |
|
2436
Oshkosh
OSK
$9.64B
| $2.26M | ﹤0.01% |
20,810
-22,521
| -52% | -$2.18M |
|
2437
PUT
Marriott International
MAR
$92.8B
| $2.26M | ﹤0.01% |
10,000
-15,900
| -61% | -$3.22M |
|
|
TGNA
2438
DELISTED
TEGNA Inc
TGNA
| $2.25M | ﹤0.01% |
+147,003
| New | +$2.2M |
|
2439
Wheaton Precious Metals
WPM
$71.4B
| $2.25M | ﹤0.01% |
45,527
-85,473
| -65% | -$3.87M |
|
2440
OneSpan
OSPN
$610M
| $2.25M | ﹤0.01% |
209,422
+119,968
| +134% | +$1.18M |
|
2441
CALL
Halliburton
HAL
$28.6B
| $2.24M | ﹤0.01% |
62,100
-19,900
| -24% | -$765K |
|
2442
PUT
Evercore
EVR
$11.1B
| $2.24M | ﹤0.01% |
13,100
| – | – |
|
2443
Federal Agricultural Mortgage
AGM
$2.36B
| $2.24M | ﹤0.01% |
11,712
+6,947
| +146% | +$1.13M |
|
2444
CALL
Amkor Technology
AMKR
$12.8B
| $2.24M | ﹤0.01% |
67,300
| – | – |
|
2445
Commercial Vehicle Group
CVGI
$128M
| $2.23M | ﹤0.01% |
318,252
-43,280
| -12% | -$294K |
|
2446
Hyliion Holdings
HYLN
$605M
| $2.23M | ﹤0.01% |
2,739,954
+1,166,211
| +74% | +$828K |
|
2447
Hartford Financial Services
HIG
$37B
| $2.23M | ﹤0.01% |
27,712
-380
| -1% | -$28.6K |
|
2448
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $2.23M | ﹤0.01% |
+5,904
| New | +$2.06M |
|
|
EXAS
2449
PUT
DELISTED
Exact Sciences
EXAS
| $2.22M | ﹤0.01% |
30,000
| – | – |
|
2450
Kinetik
KNTK
$4.36B
| $2.22M | ﹤0.01% |
66,387
+30,164
| +83% | +$1.05M |
|
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 Miscellaneous at 46% of assets, up from 43% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.