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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$332M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$309M |
| 3 |
Nike
NKE
|
+$252M |
| 4 |
NVIDIA
NVDA
|
+$209M |
| 5 |
Target
TGT
|
+$202M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$238M |
| 2 |
PCGU
PG&E Corporation
PCGU
|
+$218M |
| 3 |
ConocoPhillips
COP
|
+$185M |
| 4 |
Amazon
AMZN
|
+$165M |
| 5 |
Cigna
CI
|
+$159M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.77% |
| 2 | Healthcare | 13.86% |
| 3 | Consumer Discretionary | 12.82% |
| 4 | Industrials | 11.24% |
| 5 | Financials | 9.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3151
Novavax
NVAX
$1.47B
| – | – |
-363,036
| Closed | -$2.52M |
|
|
3152
PUT
Novavax
NVAX
$1.47B
| – | – |
-53,500
| Closed | -$371K |
|
|
NVEE
3153
DELISTED
NV5 Global
NVEE
| – | – |
-55,560
| Closed | -$1.44M |
|
3154
Novartis
NVS
$302B
| – | – |
-137,347
| Closed | -$12.6M |
|
3155
Nexstar Media Group
NXST
$5.73B
| – | – |
-2,100
| Closed | -$363K |
|
3156
Nextpower Inc
NXT
$13.1B
| – | – |
-132,529
| Closed | -$4.81M |
|
3157
OceanFirst Financial
OCFC
$1.84B
| – | – |
-54,716
| Closed | -$1.01M |
|
3158
Organon & Co
OGN
$3.61B
| – | – |
-9,500
| Closed | -$223K |
|
|
OPRA
3159
Opera Ltd
OPRA
$1.7B
| – | – |
-12,913
| Closed | -$131K |
|
|
ORGN
3160
DELISTED
Origin Materials
ORGN
| – | – |
-8,525
| Closed | -$1.09M |
|
3161
Par Pacific Holdings
PARR
$3.96B
| – | – |
-499,694
| Closed | -$14.6M |
|
|
PARA
3162
DELISTED
Paramount Global Class B
PARA
| – | – |
-1,845,524
| Closed | -$41.2M |
|
3163
Patria Investments
PAX
$1.85B
| – | – |
-31,064
| Closed | -$460K |
|
3164
Paymentus
PAY
$5.04B
| – | – |
-23,046
| Closed | -$204K |
|
3165
PACCAR
PCAR
$69B
| – | – |
-176,707
| Closed | -$12.9M |
|
3166
Vaxcyte
PCVX
$9.32B
| – | – |
-238,398
| Closed | -$8.94M |
|
3167
Pinduoduo
PDD
$126B
| – | – |
-22,600
| Closed | -$1.72M |
|
3168
Phillips Edison & Co
PECO
$5.05B
| – | – |
-9,000
| Closed | -$294K |
|
3169
PENN Entertainment
PENN
$2.5B
| – | – |
-261,945
| Closed | -$7.77M |
|
3170
Plexus
PLXS
$6.4B
| – | – |
-3,991
| Closed | -$389K |
|
3171
PNC Financial Services
PNC
$97B
| – | – |
-483,694
| Closed | -$61.5M |
|
3172
PRA Group
PRAA
$737M
| – | – |
-15,267
| Closed | -$595K |
|
3173
Porch Group
PRCH
$1.94B
| – | – |
-48,900
| Closed | -$69.9K |
|
3174
Procept Biorobotics
PRCT
$1.24B
| – | – |
-82,747
| Closed | -$2.35M |
|
3175
Perdoceo Education
PRDO
$2.07B
| – | – |
-15,328
| Closed | -$206K |
|
Similar funds
John Overdeck's Q2 2023 Portfolio in Review
As of Q2 2023, John Overdeck held 3,452 positions worth $39.9B, up 14% from $35B the previous quarter. Its ten largest holdings account for 7.6% of the portfolio.
John Overdeck deployed $2.46B of net new capital in Q2 2023, opening 521 new positions and adding to 1,149 existing holdings. Its largest new stake was Nike: 2,150,643 shares worth $237M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 12% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Netflix, an estimated $238M trimmed.
- John Overdeck's largest Q2 2023 buy was Nike: 2,150,643 shares worth $237M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $332M increase.
- John Overdeck's biggest Q2 2023 reduction was Netflix, cutting an estimated $238M.
- John Overdeck fully exited Goldman Sachs in Q2 2023, selling an estimated $127M.
- John Overdeck's ten largest holdings make up 7.6% of its $39.9B portfolio in Q2 2023.
- John Overdeck opened 521 new positions and closed 479 in Q2 2023.
- John Overdeck's portfolio value rose 14% quarter-over-quarter to $39.9B.
Based on Two Sigma Investments's 13F filing for Q2 2023, filed 14 Aug 2023.