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 |
PG&E
PCG
|
+$208M |
| 2 |
Marriott International
MAR
|
+$168M |
| 3 |
SLB Ltd
SLB
|
+$154M |
| 4 |
Qualcomm
QCOM
|
+$143M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kroger
KR
|
+$203M |
| 2 |
Caterpillar
CAT
|
+$191M |
| 3 |
Boeing
BA
|
+$183M |
| 4 |
Target
TGT
|
+$173M |
| 5 |
Union Pacific
UNP
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.23% |
| 2 | Consumer Discretionary | 12.94% |
| 3 | Industrials | 10.4% |
| 4 | Healthcare | 10.24% |
| 5 | Financials | 6.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CELG
26
DELISTED
Celgene Corp
CELG
| $137M | 0.45% |
1,315,658
+702,677
| +115% | +$79.3M |
|
27
Carnival Corporation Ltd
CCL
$35.2B
| $137M | 0.45% |
2,062,703
+1,484,842
| +257% | +$98.4M |
|
28
Vertex Pharmaceuticals
VRTX
$139B
| $137M | 0.45% |
912,724
+462,416
| +103% | +$68.5M |
|
29
Micron Technology
MU
$1.09T
| $136M | 0.44% |
3,300,699
-1,605,285
| -33% | -$69.2M |
|
30
Mondelez International
MDLZ
$82.3B
| $133M | 0.43% |
3,099,460
-1,285,258
| -29% | -$54M |
|
|
WBA
31
DELISTED
Walgreens Boots Alliance
WBA
| $131M | 0.43% |
1,807,949
+256,300
| +17% | +$18.1M |
|
32
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $130M | 0.42% |
3,605,620
+3,185,802
| +759% | +$110M |
|
33
ExxonMobil
XOM
$679B
| $130M | 0.42% |
1,555,234
+1,180,422
| +315% | +$97.6M |
|
|
34
Regeneron Pharmaceuticals
REGN
$85.9B
| $129M | 0.42% |
+343,772
| New | +$139M |
|
35
Western Digital
WDC
$166B
| $126M | 0.41% |
2,093,669
+2,086,785
| +30,314% | +$134M |
|
36
Duke Energy
DUK
$93.4B
| $122M | 0.4% |
1,450,131
+834,406
| +136% | +$72.9M |
|
37
Yum! Brands
YUM
$41.8B
| $122M | 0.4% |
1,493,059
+159,857
| +12% | +$12.6M |
|
38
Adobe
ADBE
$109B
| $121M | 0.39% |
691,969
+643,489
| +1,327% | +$111M |
|
39
Bank of America
BAC
$431B
| $120M | 0.39% |
4,074,719
+1,538,417
| +61% | +$42.4M |
|
40
HP
HPQ
$27.2B
| $119M | 0.39% |
5,672,043
-1,429,712
| -20% | -$30.4M |
|
41
Allstate
ALL
$64.2B
| $118M | 0.39% |
1,131,036
+854,207
| +309% | +$84.1M |
|
42
Huntsman Corp
HUN
$1.75B
| $118M | 0.38% |
3,534,199
+2,537,977
| +255% | +$77.7M |
|
43
Air Products & Chemicals
APD
$67.9B
| $117M | 0.38% |
711,694
-384,639
| -35% | -$61.3M |
|
|
MON
44
DELISTED
Monsanto Co
MON
| $117M | 0.38% |
999,033
+386,152
| +63% | +$45.9M |
|
45
Ford
F
$57.5B
| $117M | 0.38% |
+9,329,116
| New | +$115M |
|
46
Intel
INTC
$476B
| $116M | 0.38% |
2,516,646
+846,613
| +51% | +$36.9M |
|
47
Deere & Co
DE
$175B
| $113M | 0.37% |
718,899
+708,901
| +7,090% | +$99.2M |
|
48
TSMC
TSM
$2.17T
| $112M | 0.37% |
2,833,897
+2,411,568
| +571% | +$97.7M |
|
49
Restaurant Brands International
QSR
$28.2B
| $109M | 0.35% |
1,768,337
+589,811
| +50% | +$37.8M |
|
50
Seagate
STX
$193B
| $107M | 0.35% |
2,560,543
+49,017
| +2% | +$1.87M |
|
Similar funds
John Overdeck's Q4 2017 Portfolio in Review
As of Q4 2017, John Overdeck held 3,708 positions worth $30.7B, up 8.9% from $28.2B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
John Overdeck deployed $1.06B of net new capital in Q4 2017, opening 1,026 new positions and adding to 1,078 existing holdings. Its largest new stake was Marriott International: 1,364,979 shares worth $185M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Caterpillar, an estimated $191M trimmed.
- John Overdeck's largest Q4 2017 buy was Marriott International: 1,364,979 shares worth $185M.
- John Overdeck added most to PG&E in Q4 2017, an estimated $208M increase.
- John Overdeck's biggest Q4 2017 reduction was Caterpillar, cutting an estimated $191M.
- John Overdeck fully exited Kroger in Q4 2017, selling an estimated $203M.
- John Overdeck's ten largest holdings make up 6.3% of its $30.7B portfolio in Q4 2017.
- John Overdeck opened 1,026 new positions and closed 669 in Q4 2017.
- John Overdeck's portfolio value rose 8.9% quarter-over-quarter to $30.7B.
Based on Two Sigma Investments's 13F filing for Q4 2017, filed 14 Feb 2018.