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 |
Alphabet (Google) Class A
GOOGL
|
+$254M |
| 2 |
Bank of America
BAC
|
+$228M |
| 3 |
KLA
KLAC
|
+$205M |
| 4 |
TSMC
TSM
|
+$191M |
| 5 |
CVS Health
CVS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.06B |
| 2 |
Meta Platforms (Facebook)
META
|
+$254M |
| 3 |
Goldman Sachs
GS
|
+$237M |
| 4 |
Amazon
AMZN
|
+$229M |
| 5 |
PayPal
PYPL
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.63% |
| 2 | Healthcare | 13.66% |
| 3 | Financials | 12.92% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Merit Medical Systems
MMSI
$5.42B
| $36.6M | 0.08% |
370,738
+122,579
| +49% | +$11.2M |
|
302
Pinnacle West Capital
PNW
$11.8B
| $36.5M | 0.08% |
411,979
+160,255
| +64% | +$13.7M |
|
303
Peloton Interactive
PTON
$2.37B
| $36.2M | 0.08% |
7,736,155
+169,579
| +2% | +$666K |
|
304
Roku
ROKU
$23.4B
| $36.2M | 0.08% |
484,802
+320,969
| +196% | +$20.6M |
|
305
Thomson Reuters
TRI
$45.7B
| $35.9M | 0.08% |
207,293
+67,211
| +48% | +$11.3M |
|
306
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54.3B
| $35.8M | 0.08% |
431,500
+351,500
| +439% | +$28.1M |
|
307
Impinj
PI
$5.06B
| $35.7M | 0.08% |
165,060
-36,215
| -18% | -$6.14M |
|
308
Jazz Pharmaceuticals
JAZZ
$16.5B
| $35.7M | 0.08% |
320,111
+226,708
| +243% | +$24.8M |
|
309
APi Group
APG
$17.8B
| $35.4M | 0.08% |
1,608,084
+853,024
| +113% | +$20M |
|
310
Vanguard S&P 500 Growth ETF
VOOG
$26.7B
| $35.2M | 0.08% |
612,000
+514,800
| +530% | +$28.6M |
|
311
Vale
VALE
$62.1B
| $35M | 0.08% |
2,996,662
-3,723,227
| -55% | -$39.9M |
|
312
Tandem Diabetes Care
TNDM
$1.55B
| $35M | 0.08% |
824,713
-310,467
| -27% | -$13.2M |
|
313
Citizens Financial Group
CFG
$29.4B
| $34.8M | 0.08% |
848,264
+43,082
| +5% | +$1.74M |
|
314
Rambus
RMBS
$9.9B
| $34.8M | 0.08% |
823,889
+585,842
| +246% | +$28.4M |
|
315
Vulcan Materials
VMC
$35.8B
| $34.7M | 0.08% |
138,485
+53,348
| +63% | +$13.2M |
|
316
Gerdau
GGB
$8.5B
| $34.6M | 0.08% |
9,876,121
+6,201,132
| +169% | +$20.3M |
|
317
Invesco S&P 500 Top 50 ETF
XLG
$10.8B
| $34.2M | 0.08% |
720,200
+610,900
| +559% | +$28.1M |
|
318
Maplebear
CART
$11.5B
| $34.1M | 0.07% |
836,207
-127,564
| -13% | -$4.48M |
|
319
TORM
TRMD
$3.26B
| $34M | 0.07% |
994,877
-73,876
| -7% | -$2.71M |
|
320
Shake Shack
SHAK
$3.06B
| $33.6M | 0.07% |
325,671
-240,255
| -42% | -$23.1M |
|
321
CACI
CACI
$14.3B
| $33.3M | 0.07% |
66,014
+472
| +0.7% | +$219K |
|
322
Kimberly-Clark
KMB
$36.4B
| $33.3M | 0.07% |
234,084
+122,242
| +109% | +$17.3M |
|
323
Xcel Energy
XEL
$47.7B
| $33.3M | 0.07% |
509,721
-298,657
| -37% | -$17.7M |
|
324
Monster Beverage
MNST
$93.6B
| $33.3M | 0.07% |
1,274,880
-1,063,168
| -45% | -$26.3M |
|
325
NetEase
NTES
$82.1B
| $33.2M | 0.07% |
354,616
+126,875
| +56% | +$11.1M |
|
Similar funds
John Overdeck's Q3 2024 Portfolio in Review
As of Q3 2024, John Overdeck held 3,433 positions worth $45.6B, up 3.9% from $43.9B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $1.83B in Q3 2024, closing 348 positions and reducing 1,306 holdings. Its most notable exit was Intel, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Overdeck opened a new position in Bank of America worth $226M.
- John Overdeck's largest Q3 2024 buy was Bank of America: 5,683,991 shares worth $226M.
- John Overdeck added most to Alphabet (Google) Class A in Q3 2024, an estimated $254M increase.
- John Overdeck's biggest Q3 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.06B.
- John Overdeck fully exited Intel in Q3 2024, selling an estimated $161M.
- John Overdeck's ten largest holdings make up 6.6% of its $45.6B portfolio in Q3 2024.
- John Overdeck opened 444 new positions and closed 348 in Q3 2024.
- John Overdeck's portfolio value rose 3.9% quarter-over-quarter to $45.6B.
Based on Two Sigma Investments's 13F filing for Q3 2024, filed 14 Nov 2024.