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JO

John Overdeck Two Sigma Investments

AUM $138B
1-Year Est. Return 41.87%
 

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.

This Fund
S&P 500
This Quarter Est. Return
-3.19%
1 Year Est. Return
+41.87%
3 Year Est. Return
+122.61%
5 Year Est. Return
+129.48%
10 Year Est. Return
+649.67%
AUM
$37.2B
AUM Growth
-$2.7B
Cap. Flow
-$1.95B
Cap. Flow %
-5.24%
Top 10 Hldgs %
6.97%
Holding
3,402
New
430
Increased
1,052
Reduced
1,183
Closed
472

Top Buys

Rank Stock Value
1
AMD icon
Advanced Micro Devices
AMD
+$275M
2
NFLX icon
Netflix
NFLX
+$254M
3
MSFT icon
Microsoft
MSFT
+$242M
4
QCOM icon
Qualcomm
QCOM
+$236M
5
SBUX icon
Starbucks
SBUX
+$232M

Sector Composition

Rank Sector Weight
1 Technology 17.08%
2 Healthcare 12.88%
3 Consumer Discretionary 11.39%
4 Financials 10.88%
5 Industrials 10.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
CUE icon
2951
Cue Biopharma
CUE
$168M
-469
Closed -$51.4K
CVX icon
2952
Chevron
CVX
$398B
-46,218
Closed -$7.27M
CXW icon
2953
CoreCivic
CXW
$3.35B
-145,427
Closed -$1.37M
DADA
2954
DELISTED
Dada Nexus
DADA
-163,829
Closed -$870K
DAVA icon
2955
Endava
DAVA
$168M
-167,786
Closed -$8.69M
DBRG icon
2956
DigitalBridge
DBRG
$2.95B
-145,247
Closed -$2.14M
DCOM icon
2957
Dime Commercial Bancshares
DCOM
$1.78B
-30,851
Closed -$544K
DE icon
2958
Deere & Co
DE
$175B
-13,869
Closed -$5.62M
DEO icon
2959
Diageo
DEO
$53.4B
-8,400
Closed -$1.46M
DGX icon
2960
Quest Diagnostics
DGX
$26.9B
-4,532
Closed -$637K
DHR icon
2961
Danaher
DHR
$151B
-415,096
Closed -$88.3M
DLTR icon
2962
Dollar Tree
DLTR
$26.3B
-1,600
Closed -$230K
DMRC icon
2963
Digimarc Corp
DMRC
$135M
-22,490
Closed -$662K
DNLI icon
2964
Denali Therapeutics
DNLI
$3.87B
-34,400
Closed -$1.02M
DNTH icon
2965
Dianthus Therapeutics
DNTH
$6.16B
-7,517
Closed -$91.2K
DOCN icon
2966
DigitalOcean
DOCN
$13.1B
-494,653
Closed -$19.9M
DRCT icon
2967
Direct Digital Holdings
DRCT
$1.79M
-58
Closed -$36.6K
DTE icon
2968
DTE Energy
DTE
$28.2B
-102,606
Closed -$11M
DTIL icon
2969
Precision BioSciences
DTIL
$233M
-2,929
Closed -$46.2K
DV icon
2970
DoubleVerify
DV
$2.06B
-55,600
Closed -$2.16M
DWAS icon
2971
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$439M
-12,700
Closed -$1,000K
EDSA icon
2972
Edesa Biotech
EDSA
$42.4M
-1,653
Closed -$9.38K
ELDN icon
2973
Eledon Pharmaceuticals
ELDN
$277M
-10,586
Closed -$14.5K
EMCG
2974
DELISTED
Embrace Change Acquisition Corp
EMCG
-162,500
Closed -$1.72M
EOG icon
2975
EOG Resources
EOG
$78.8B
-3,248
Closed -$372K

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John Overdeck's Q3 2023 Portfolio in Review

As of Q3 2023, John Overdeck held 3,402 positions worth $37.2B, down 6.8% from $39.9B the previous quarter. Its ten largest holdings account for 7% of the portfolio.

John Overdeck withdrew a net $1.95B in Q3 2023, closing 472 positions and reducing 1,183 holdings. Its most notable exit was Etsy, an estimated $144M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, John Overdeck opened a new position in Eli Lilly worth $232M.

  • John Overdeck's largest Q3 2023 buy was Eli Lilly: 432,734 shares worth $232M.
  • John Overdeck added most to Advanced Micro Devices in Q3 2023, an estimated $275M increase.
  • John Overdeck's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $236M.
  • John Overdeck fully exited Etsy in Q3 2023, selling an estimated $144M.
  • John Overdeck's ten largest holdings make up 7% of its $37.2B portfolio in Q3 2023.
  • John Overdeck opened 430 new positions and closed 472 in Q3 2023.
  • John Overdeck's portfolio value fell 6.8% quarter-over-quarter to $37.2B.

Based on Two Sigma Investments's 13F filing for Q3 2023, filed 14 Nov 2023.