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 |
Wells Fargo
WFC
|
+$172M |
| 2 |
US Bancorp
USB
|
+$168M |
| 3 |
Cisco
CSCO
|
+$158M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$147M |
| 5 |
EA
Electronic Arts
EA
|
+$144M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$185M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$163M |
| 3 |
eBay
EBAY
|
+$138M |
| 4 |
Micron Technology
MU
|
+$132M |
| 5 |
Netflix
NFLX
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 14.1% |
| 2 | Industrials | 11.28% |
| 3 | Technology | 11.19% |
| 4 | Healthcare | 10.55% |
| 5 | Financials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3176
Ingevity
NGVT
$2.42B
| – | – |
-95,079
| Closed | -$5.79M |
|
3177
Nice
NICE
$5.87B
| – | – |
-12,183
| Closed | -$828K |
|
3178
Navios Maritime Partners
NMM
$2.52B
| – | – |
-28,857
| Closed | -$896K |
|
3179
Nokia
NOK
$57B
| – | – |
-36,822
| Closed | -$200K |
|
3180
CALL
NRG Energy
NRG
$23.8B
| – | – |
-48,100
| Closed | -$899K |
|
|
3181
PUT
NRG Energy
NRG
$23.8B
| – | – |
-67,000
| Closed | -$1.25M |
|
|
NSA
3182
DELISTED
National Storage Affiliates Trust
NSA
| – | – |
-9,611
| Closed | -$230K |
|
3183
Insight Enterprises
NSIT
$4.33B
| – | – |
-18,298
| Closed | -$752K |
|
3184
Northern Trust
NTRS
$33.6B
| – | – |
-5,923
| Closed | -$533K |
|
3185
NVE Corp
NVEC
$532M
| – | – |
-12,414
| Closed | -$1.03M |
|
3186
Navigator Holdings
NVGS
$1.36B
| – | – |
-38,652
| Closed | -$531K |
|
|
NVO
3187
Novo Nordisk
NVO
$207B
| – | – |
-1,601,944
| Closed | -$27.5M |
|
3188
CALL
Newell Brands
NWL
$2.59B
| – | – |
-6,000
| Closed | -$283K |
|
3189
Quanex
NX
$931M
| – | – |
-16,534
| Closed | -$335K |
|
3190
Nexstar Media Group
NXST
$5.73B
| – | – |
-32,504
| Closed | -$2.28M |
|
|
ODP
3191
CALL
DELISTED
ODP
ODP
| – | – |
-2,700
| Closed | -$126K |
|
|
ODP
3192
DELISTED
ODP
ODP
| – | – |
-14,928
| Closed | -$696K |
|
3193
OGE Energy
OGE
$9.42B
| – | – |
-72,517
| Closed | -$2.54M |
|
3194
PUT
Oracle
ORCL
$422B
| – | – |
-96,300
| Closed | -$4.3M |
|
3195
Oshkosh
OSK
$9.7B
| – | – |
-28,634
| Closed | -$1.96M |
|
3196
Otter Tail
OTTR
$3.81B
| – | – |
-45,389
| Closed | -$1.72M |
|
3197
Pan American Silver
PAAS
$22B
| – | – |
-46,956
| Closed | -$811K |
|
|
PARA
3198
DELISTED
Paramount Global Class B
PARA
| – | – |
-92,284
| Closed | -$5.9M |
|
3199
CALL
Paychex
PAYX
$44.3B
| – | – |
-10,000
| Closed | -$589K |
|
|
3200
PUT
Paychex
PAYX
$44.3B
| – | – |
-5,000
| Closed | -$295K |
|
Similar funds
John Overdeck's Q2 2017 Portfolio in Review
As of Q2 2017, John Overdeck held 3,566 positions worth $27.6B, down 6.9% from $29.7B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $2.84B in Q2 2017, closing 665 positions and reducing 1,203 holdings. Its most notable exit was Amazon, an estimated $185M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 14% of assets, up from 14% a quarter earlier, followed by Industrials and Technology.
Against the trend, John Overdeck opened a new position in McKesson worth $150M.
- John Overdeck's largest Q2 2017 buy was McKesson: 909,545 shares worth $150M.
- John Overdeck added most to Wells Fargo in Q2 2017, an estimated $172M increase.
- John Overdeck's biggest Q2 2017 reduction was eBay, cutting an estimated $138M.
- John Overdeck fully exited Amazon in Q2 2017, selling an estimated $185M.
- John Overdeck's ten largest holdings make up 6.6% of its $27.6B portfolio in Q2 2017.
- John Overdeck opened 737 new positions and closed 665 in Q2 2017.
- John Overdeck's portfolio value fell 6.9% quarter-over-quarter to $27.6B.
Based on Two Sigma Investments's 13F filing for Q2 2017, filed 14 Aug 2017.