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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$153M |
| 2 |
Target
TGT
|
+$106M |
| 3 |
Altria Group
MO
|
+$74.3M |
| 4 |
Coca-Cola
KO
|
+$70.3M |
| 5 |
Procter & Gamble
PG
|
+$62.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
eBay
EBAY
|
+$233M |
| 2 |
McDonald's
MCD
|
+$214M |
| 3 |
Autodesk
ADSK
|
+$196M |
| 4 |
Johnson & Johnson
JNJ
|
+$193M |
| 5 |
HP
HPQ
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.18% |
| 2 | Technology | 11.08% |
| 3 | Consumer Discretionary | 11.06% |
| 4 | Consumer Staples | 8.4% |
| 5 | Financials | 6.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
CALL
Baidu
BIDU
$31.6B
| $9.43M | 0.08% |
93,600
+52,300
| +127% | +$6.37M |
|
277
Ciena
CIEN
$56B
| $9.43M | 0.08% |
236,899
-395,546
| -63% | -$16.2M |
|
|
AMTD
278
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.28M | 0.08% |
267,794
+163,752
| +157% | +$7.13M |
|
279
Papa John's
PZZA
$788M
| $9.23M | 0.08% |
173,031
-489,834
| -74% | -$29.5M |
|
280
Genpact
G
$6.24B
| $9.22M | 0.08% |
315,685
-904,723
| -74% | -$35.4M |
|
281
Enphase Energy
ENPH
$5.1B
| $9.2M | 0.07% |
+284,804
| New | +$10.7M |
|
282
Unum
UNM
$13.9B
| $9.18M | 0.07% |
611,259
-600,678
| -50% | -$14.4M |
|
283
BlackLine
BL
$1.85B
| $9.14M | 0.07% |
173,785
-7,040
| -4% | -$412K |
|
284
PUT
Uber
UBER
$161B
| $9.13M | 0.07% |
+327,100
| New | +$10.8M |
|
285
PUT
Biogen
BIIB
$32B
| $9.11M | 0.07% |
28,800
+400
| +1% | +$121K |
|
|
CLR
286
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $9.1M | 0.07% |
1,190,744
+559,873
| +89% | +$12.5M |
|
287
CALL
Wells Fargo
WFC
$254B
| $9.07M | 0.07% |
316,100
+14,100
| +5% | +$599K |
|
288
CALL
Pinduoduo
PDD
$126B
| $9.02M | 0.07% |
250,400
+189,000
| +308% | +$6.9M |
|
|
CSOD
289
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $9M | 0.07% |
283,442
+149,953
| +112% | +$7.32M |
|
290
CALL
Zoom
ZM
$31.5B
| $8.93M | 0.07% |
61,100
+21,800
| +55% | +$2.15M |
|
|
ZEN
291
DELISTED
ZENDESK INC
ZEN
| $8.91M | 0.07% |
139,253
-919,643
| -87% | -$71.8M |
|
292
Air Products & Chemicals
APD
$67.9B
| $8.85M | 0.07% |
44,311
-53,713
| -55% | -$12.2M |
|
|
WBA
293
DELISTED
Walgreens Boots Alliance
WBA
| $8.84M | 0.07% |
193,268
-1,234,091
| -86% | -$62.6M |
|
294
CarGurus
CARG
$3.28B
| $8.83M | 0.07% |
466,420
-206,335
| -31% | -$5.91M |
|
295
TriNet
TNET
$3.24B
| $8.81M | 0.07% |
233,994
-32,293
| -12% | -$1.68M |
|
|
LK
296
CALL
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $8.81M | 0.07% |
+324,000
| New | +$11.9M |
|
|
PFPT
297
DELISTED
Proofpoint, Inc.
PFPT
| $8.76M | 0.07% |
85,341
-168,710
| -66% | -$19.7M |
|
|
P
298
Everpure Inc
P
$36.1B
| $8.74M | 0.07% |
710,682
+200,922
| +39% | +$3.26M |
|
299
Bilibili
BILI
$7.14B
| $8.73M | 0.07% |
372,774
+323,202
| +652% | +$7.8M |
|
300
Ecolab
ECL
$78.9B
| $8.73M | 0.07% |
55,994
-106,528
| -66% | -$20M |
|
Similar funds
John Overdeck's Q1 2020 Portfolio in Review
As of Q1 2020, John Overdeck held 4,183 positions worth $12.3B, down 63% from $33.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
John Overdeck withdrew a net $15.4B in Q1 2020, closing 1,188 positions and reducing 1,576 holdings. Its most notable exit was Johnson & Johnson, an estimated $193M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $148M.
- John Overdeck's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,200,000 shares worth $148M.
- John Overdeck added most to Target in Q1 2020, an estimated $106M increase.
- John Overdeck's biggest Q1 2020 reduction was eBay, cutting an estimated $233M.
- John Overdeck fully exited Johnson & Johnson in Q1 2020, selling an estimated $193M.
- John Overdeck's ten largest holdings make up 11% of its $12.3B portfolio in Q1 2020.
- John Overdeck opened 588 new positions and closed 1,188 in Q1 2020.
- John Overdeck's portfolio value fell 63% quarter-over-quarter to $12.3B.
Based on Two Sigma Investments's 13F filing for Q1 2020, filed 15 May 2020.