John Overdeck Two Sigma Investments
John Overdeck is a co-founder of Two Sigma Investments, one of the world’s leading quantitative and technology-driven investment firms. Two Sigma applies data science, machine learning, and large-scale computing to markets across asset classes. Overdeck’s firm is a central reference point in discussions of modern systematic investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$153M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$130M |
| 3 |
Cummins
CMI
|
+$121M |
| 4 |
Lowe's Companies
LOW
|
+$104M |
| 5 |
American Express
AXP
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$445M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$200M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$165M |
| 4 |
Gilead Sciences
GILD
|
+$158M |
| 5 |
Microsoft
MSFT
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.25% |
| 2 | Healthcare | 12.59% |
| 3 | Industrials | 11.99% |
| 4 | Financials | 10.09% |
| 5 | Consumer Discretionary | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2901
Opko Health
OPK
$1.1B
| – | – |
-752,431
| Closed | -$6.33M |
|
2902
Orion Group Holdings
ORN
$375M
| – | – |
-61,635
| Closed | -$369K |
|
2903
CALL
OneSpan
OSPN
$580M
| – | – |
-19,000
| Closed | -$324K |
|
2904
Pan American Silver
PAAS
$22B
| – | – |
-13,600
| Closed | -$97.9K |
|
2905
Phibro Animal Health
PAHC
$1.47B
| – | – |
-36,200
| Closed | -$1.15M |
|
2906
Patrick Industries
PATK
$2.68B
| – | – |
-162,630
| Closed | -$2.85M |
|
2907
Paycom
PAYC
$10.3B
| – | – |
-21,456
| Closed | -$770K |
|
2908
CALL
Paychex
PAYX
$44.3B
| – | – |
-19,000
| Closed | -$905K |
|
|
2909
Paychex
PAYX
$44.3B
| – | – |
-203,798
| Closed | -$9.71M |
|
|
2910
PUT
Paychex
PAYX
$44.3B
| – | – |
-17,000
| Closed | -$810K |
|
2911
Pitney Bowes
PBI
$2.26B
| – | – |
-124,455
| Closed | -$2.47M |
|
2912
Parker-Hannifin
PH
$126B
| – | – |
-10,250
| Closed | -$1.04M |
|
|
PHX
2913
DELISTED
PHX Minerals
PHX
| – | – |
-27,988
| Closed | -$452K |
|
2914
CALL
Polaris
PII
$3.66B
| – | – |
-2,000
| Closed | -$240K |
|
2915
CALL
Children's Place
PLCE
$55.4M
| – | – |
-7,000
| Closed | -$404K |
|
|
2916
PUT
Children's Place
PLCE
$55.4M
| – | – |
-8,000
| Closed | -$461K |
|
2917
Power Integrations
POWI
$3.08B
| – | – |
-204,946
| Closed | -$4.32M |
|
2918
CALL
Pilgrim's Pride
PPC
$7.68B
| – | – |
-10,000
| Closed | -$208K |
|
2919
Primerica
PRI
$9.1B
| – | – |
-19,633
| Closed | -$885K |
|
2920
Public Storage
PSA
$60.2B
| – | – |
-7,172
| Closed | -$1.68M |
|
|
2921
PUT
Public Storage
PSA
$60.2B
| – | – |
-2,000
| Closed | -$423K |
|
2922
PayPal
PYPL
$52.7B
| – | – |
-147,060
| Closed | -$4.57M |
|
2923
ProShares Ultra QQQ
QLD
$13.8B
| – | – |
-1,097,600
| Closed | -$4.46M |
|
|
2924
Invesco QQQ Trust
QQQ
$486B
| – | – |
-1,792,653
| Closed | -$200M |
|
2925
CALL
Qorvo
QRVO
$8.43B
| – | – |
-7,000
| Closed | -$315K |
|
Similar funds
John Overdeck's Q4 2015 Portfolio in Review
As of Q4 2015, John Overdeck held 3,233 positions worth $20.9B, up 6.8% from $19.5B the previous quarter. Its ten largest holdings account for 8% of the portfolio.
John Overdeck deployed $631M of net new capital in Q4 2015, opening 1,109 new positions and adding to 884 existing holdings. Its largest new stake was American Express: 1,381,273 shares worth $96.1M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Gilead Sciences, an estimated $158M trimmed.
- John Overdeck's largest Q4 2015 buy was American Express: 1,381,273 shares worth $96.1M.
- John Overdeck added most to Allergan plc in Q4 2015, an estimated $153M increase.
- John Overdeck's biggest Q4 2015 reduction was Gilead Sciences, cutting an estimated $158M.
- John Overdeck fully exited State Street SPDR S&P 500 ETF Trust in Q4 2015, selling an estimated $445M.
- John Overdeck's ten largest holdings make up 8% of its $20.9B portfolio in Q4 2015.
- John Overdeck opened 1,109 new positions and closed 598 in Q4 2015.
- John Overdeck's portfolio value rose 6.8% quarter-over-quarter to $20.9B.
Based on Two Sigma Investments's 13F filing for Q4 2015, filed 16 Feb 2016.