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 |
Advanced Micro Devices
AMD
|
+$275M |
| 2 |
Netflix
NFLX
|
+$254M |
| 3 |
Microsoft
MSFT
|
+$242M |
| 4 |
Qualcomm
QCOM
|
+$236M |
| 5 |
Starbucks
SBUX
|
+$232M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$236M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$221M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
| 4 |
McDonald's
MCD
|
+$183M |
| 5 |
Union Pacific
UNP
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.08% |
| 2 | Healthcare | 12.88% |
| 3 | Consumer Discretionary | 11.39% |
| 4 | Financials | 10.88% |
| 5 | Industrials | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Parsons
PSN
$5.24B
| $17.4M | 0.05% |
+320,397
| New | +$17M |
|
402
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $17.3M | 0.05% |
81,680
-8,926
| -10% | -$1.98M |
|
403
Wendy's
WEN
$1.72B
| $17.3M | 0.05% |
848,666
-807,398
| -49% | -$16.9M |
|
404
dLocal
DLO
$4.46B
| $17.2M | 0.05% |
898,837
-134,305
| -13% | -$2.29M |
|
405
Group 1 Automotive
GPI
$3.12B
| $17M | 0.05% |
63,179
+56,181
| +803% | +$14.7M |
|
406
Otis Worldwide
OTIS
$27.2B
| $17M | 0.05% |
211,238
+192,538
| +1,030% | +$16.5M |
|
407
Marvell Technology
MRVL
$213B
| $16.8M | 0.05% |
310,600
+269,500
| +656% | +$15.9M |
|
408
TFI International
TFII
$11.6B
| $16.7M | 0.04% |
129,838
-11,949
| -8% | -$1.52M |
|
409
Akamai
AKAM
$15.9B
| $16.6M | 0.04% |
155,715
+64,264
| +70% | +$6.4M |
|
410
HF Sinclair
DINO
$17.3B
| $16.5M | 0.04% |
290,051
+179,814
| +163% | +$9.77M |
|
411
Freshworks
FRSH
$3.39B
| $16.5M | 0.04% |
828,728
+481,259
| +139% | +$9.56M |
|
|
SPYM
412
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| $16.5M | 0.04% |
328,367
+148,767
| +83% | +$7.78M |
|
413
Allegro MicroSystems
ALGM
$6.93B
| $16.5M | 0.04% |
516,688
-377,501
| -42% | -$15.3M |
|
414
Agree Realty
ADC
$9.19B
| $16.4M | 0.04% |
296,926
-263,576
| -47% | -$16.5M |
|
415
PUT
Northern Oil and Gas
NOG
$2.91B
| $16.4M | 0.04% |
407,400
+1,500
| +0.4% | +$59.2K |
|
416
CALL
BioMarin Pharmaceuticals
BMRN
$12.9B
| $16.3M | 0.04% |
184,700
-81,900
| -31% | -$7.29M |
|
417
Caterpillar
CAT
$381B
| $16.3M | 0.04% |
+59,659
| New | +$16.2M |
|
418
Tandem Diabetes Care
TNDM
$1.55B
| $16.2M | 0.04% |
780,534
-427,271
| -35% | -$11.7M |
|
419
Gartner
IT
$12.4B
| $16.1M | 0.04% |
46,862
-95,243
| -67% | -$33.2M |
|
420
Schwab US Dividend Equity ETF
SCHD
$112B
| $16M | 0.04% |
680,100
+640,800
| +1,631% | +$15.7M |
|
421
Norwegian Cruise Line
NCLH
$7.92B
| $16M | 0.04% |
970,072
-7,158,506
| -88% | -$132M |
|
422
PUT
Beyond Meat
BYND
$254M
| $16M | 0.04% |
55,393
+3,333
| +6% | +$1.3M |
|
423
PUT
Nabors Industries
NBR
$1.37B
| $16M | 0.04% |
129,800
| – | – |
|
424
General Mills
GIS
$21.4B
| $15.9M | 0.04% |
248,352
+200,293
| +417% | +$14.2M |
|
425
ServiceNow
NOW
$133B
| $15.8M | 0.04% |
141,510
+120,510
| +574% | +$13.7M |
|
Similar funds
John Overdeck's Q3 2023 Portfolio in Review
As of Q3 2023, John Overdeck held 3,402 positions worth $37.2B, down 6.8% from $39.9B the previous quarter. Its ten largest holdings account for 7% of the portfolio.
John Overdeck withdrew a net $1.95B in Q3 2023, closing 472 positions and reducing 1,183 holdings. Its most notable exit was Etsy, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in Eli Lilly worth $232M.
- John Overdeck's largest Q3 2023 buy was Eli Lilly: 432,734 shares worth $232M.
- John Overdeck added most to Advanced Micro Devices in Q3 2023, an estimated $275M increase.
- John Overdeck's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $236M.
- John Overdeck fully exited Etsy in Q3 2023, selling an estimated $144M.
- John Overdeck's ten largest holdings make up 7% of its $37.2B portfolio in Q3 2023.
- John Overdeck opened 430 new positions and closed 472 in Q3 2023.
- John Overdeck's portfolio value fell 6.8% quarter-over-quarter to $37.2B.
Based on Two Sigma Investments's 13F filing for Q3 2023, filed 14 Nov 2023.