John Overdeck Two Sigma Investments

John Overdeck's Q4 2016 Portfolio in Review

As of Q4 2016, John Overdeck held 3,779 positions worth $26.1B, down 5.5% from $27.6B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.

John Overdeck withdrew a net $2.2B in Q4 2016, closing 757 positions and reducing 1,151 holdings. Its most notable exit was Amazon, an estimated $184M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.

Against the trend, John Overdeck opened a new position in Micron Technology worth $165M.

• John Overdeck's largest Q4 2016 buy was Micron Technology: 7,547,563 shares worth $165M.
• John Overdeck added most to Medtronic in Q4 2016, an estimated $178M increase.
• John Overdeck's biggest Q4 2016 reduction was Marriott International, cutting an estimated $226M.
• John Overdeck fully exited Amazon in Q4 2016, selling an estimated $184M.
• John Overdeck's ten largest holdings make up 6.6% of its $26.1B portfolio in Q4 2016.
• John Overdeck opened 730 new positions and closed 757 in Q4 2016.
• John Overdeck's portfolio value fell 5.5% quarter-over-quarter to $26.1B.

Based on Two Sigma Investments's 13F filing for Q4 2016, filed 14 Feb 2017.