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
|
+$510M |
| 2 |
Broadcom
AVGO
|
+$318M |
| 3 |
Marvell Technology
MRVL
|
+$290M |
| 4 |
Salesforce
CRM
|
+$263M |
| 5 |
Advanced Micro Devices
AMD
|
+$250M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$255M |
| 2 |
Progressive
PGR
|
+$244M |
| 3 |
Visa
V
|
+$238M |
| 4 |
Lam Research
LRCX
|
+$201M |
| 5 |
Elevance Health
ELV
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.88% |
| 2 | Healthcare | 13.28% |
| 3 | Financials | 10.32% |
| 4 | Industrials | 9.79% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Standard BioTools
LAB
$263M
| – | – |
-286,941
| Closed | -$502K |
|
3302
CS Disco
LAW
$277M
| – | – |
-10,985
| Closed | -$54.8K |
|
3303
loanDepot
LDI
$302M
| – | – |
-131,098
| Closed | -$267K |
|
3304
Levi Strauss
LEVI
$8.27B
| – | – |
-127,046
| Closed | -$2.2M |
|
3305
Lifestance Health
LFST
$4.76B
| – | – |
-45,293
| Closed | -$334K |
|
3306
Lichen China
LICN
$20.5M
| – | – |
-86
| Closed | -$3.07K |
|
3307
AEye
LIDR
$59M
| – | – |
-74,736
| Closed | -$94.9K |
|
3308
LG Display
LPL
$3.28B
| – | – |
-45,690
| Closed | -$140K |
|
3309
La Rosa Holding
LRHC
$1.93M
| – | – |
-3
| Closed | -$22.2K |
|
3310
Lantern Pharma
LTRN
$29.9M
| – | – |
-16,545
| Closed | -$52.8K |
|
3311
Lloyds Banking Group
LYG
$87.3B
| – | – |
-34,572
| Closed | -$94K |
|
3312
LSI Industries
LYTS
$747M
| – | – |
-17,535
| Closed | -$341K |
|
|
MBCE
3313
Monarch Blue Chips Elite Index ETF
MBCE
$200M
| – | – |
-11,700
| Closed | -$403K |
|
3314
Merchants Bancorp
MBIN
$2.51B
| – | – |
-35,150
| Closed | -$1.28M |
|
3315
Mustang Bio
MBIO
$4.39M
| – | – |
-814
| Closed | -$7.2K |
|
3316
Mondelez International
MDLZ
$82.3B
| – | – |
-176,412
| Closed | -$10.5M |
|
3317
Mohawk Industries
MHK
$9.23B
| – | – |
-313,547
| Closed | -$37.4M |
|
3318
Middleby
MIDD
$5.22B
| – | – |
-11,970
| Closed | -$1.62M |
|
3319
MKS Inc
MKSI
$18.9B
| – | – |
-42,200
| Closed | -$4.41M |
|
|
MLNK
3320
DELISTED
MeridianLink
MLNK
| – | – |
-11,400
| Closed | -$235K |
|
3321
Monro
MNRO
$392M
| – | – |
-27,953
| Closed | -$693K |
|
3322
MINISO
MNSO
$3.29B
| – | – |
-63,363
| Closed | -$1.51M |
|
3323
VanEck Agribusiness ETF
MOO
$1.03B
| – | – |
-7,970
| Closed | -$514K |
|
3324
Movado Group
MOV
$774M
| – | – |
-10,939
| Closed | -$215K |
|
3325
Mine Safety
MSA
$7.31B
| – | – |
-13,464
| Closed | -$2.23M |
|
Similar funds
John Overdeck's Q1 2025 Portfolio in Review
As of Q1 2025, John Overdeck held 3,617 positions worth $46.8B, up 2% from $45.9B the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
John Overdeck deployed $2.08B of net new capital in Q1 2025, opening 458 new positions and adding to 1,225 existing holdings. Its largest new stake was Advanced Micro Devices: 2,246,952 shares worth $231M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Eli Lilly, an estimated $255M trimmed.
- John Overdeck's largest Q1 2025 buy was Advanced Micro Devices: 2,246,952 shares worth $231M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $510M increase.
- John Overdeck's biggest Q1 2025 reduction was Eli Lilly, cutting an estimated $255M.
- John Overdeck fully exited Coinbase in Q1 2025, selling an estimated $45M.
- John Overdeck's ten largest holdings make up 8.1% of its $46.8B portfolio in Q1 2025.
- John Overdeck opened 458 new positions and closed 452 in Q1 2025.
- John Overdeck's portfolio value rose 2% quarter-over-quarter to $46.8B.
Based on Two Sigma Investments's 13F filing for Q1 2025, filed 15 May 2025.