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 | |
|---|---|---|---|---|---|---|
376
Popular Inc
BPOP
$10.8B
| $27.2M | 0.06% |
271,752
+162,654
| +149% | +$15.8M |
|
377
EXL Service
EXLS
$5.69B
| $27.2M | 0.06% |
712,435
-247,651
| -26% | -$8.65M |
|
|
XIFR
378
XPLR Infrastructure LP
XIFR
$1.05B
| $27.2M | 0.06% |
984,033
+975,826
| +11,890% | +$25.3M |
|
379
Xylem
XYL
$26.5B
| $27.2M | 0.06% |
201,216
-31,170
| -13% | -$4.17M |
|
380
Manhattan Associates
MANH
$12.5B
| $26.9M | 0.06% |
95,686
-109,992
| -53% | -$28M |
|
|
NUVL
381
DELISTED
Nuvalent
NUVL
| $26.8M | 0.06% |
262,388
-20,274
| -7% | -$1.68M |
|
382
PUT
Royal Caribbean
RCL
$78.1B
| $26.6M | 0.06% |
150,000
| – | – |
|
383
Cellebrite
CLBT
$2.77B
| $26.6M | 0.06% |
1,577,392
+216,694
| +16% | +$3.22M |
|
384
Magnolia Oil & Gas
MGY
$6.67B
| $26.3M | 0.06% |
1,078,127
-339,993
| -24% | -$8.57M |
|
385
ZTO Express
ZTO
$16.2B
| $26.3M | 0.06% |
1,061,282
+757,709
| +250% | +$15.7M |
|
386
Hims & Hers Health
HIMS
$7.88B
| $26.3M | 0.06% |
1,427,080
-1,167,928
| -45% | -$20.9M |
|
387
TransDigm Group
TDG
$66.4B
| $26.2M | 0.06% |
+18,361
| New | +$23.9M |
|
388
Klaviyo
KVYO
$5.22B
| $26M | 0.06% |
734,654
+361,943
| +97% | +$10.5M |
|
389
UL Solutions
ULS
$15.2B
| $26M | 0.06% |
526,764
-48,463
| -8% | -$2.36M |
|
390
McGrath RentCorp
MGRC
$2.85B
| $25.9M | 0.06% |
245,803
+177,759
| +261% | +$18.9M |
|
391
Agilent Technologies
A
$44.9B
| $25.6M | 0.06% |
172,648
+146,367
| +557% | +$20M |
|
392
Ralph Lauren
RL
$22.2B
| $25.5M | 0.06% |
131,448
-76,660
| -37% | -$13.3M |
|
393
Franklin Templeton
BEN
$17.4B
| $25.4M | 0.06% |
1,261,321
+674,468
| +115% | +$14.5M |
|
394
Raymond James Financial
RJF
$33.7B
| $25.4M | 0.06% |
207,242
+194,455
| +1,521% | +$22.7M |
|
395
Sarepta Therapeutics
SRPT
$1.98B
| $25.3M | 0.06% |
202,270
-339,524
| -63% | -$46.9M |
|
396
Sibanye-Stillwater
SBSW
$8.9B
| $25.3M | 0.06% |
6,144,376
+1,371,344
| +29% | +$5.82M |
|
397
Wheaton Precious Metals
WPM
$71.7B
| $25.2M | 0.06% |
413,121
-63,117
| -13% | -$3.75M |
|
398
Invesco S&P 500 Quality ETF
SPHQ
$19.7B
| $25.1M | 0.06% |
373,000
+77,600
| +26% | +$5.04M |
|
399
International Paper
IP
$22B
| $25M | 0.05% |
512,664
+433,642
| +549% | +$20.2M |
|
400
TG Therapeutics
TGTX
$8.31B
| $24.9M | 0.05% |
1,062,860
-298,268
| -22% | -$6.51M |
|
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.