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 |
Roku
ROKU
|
+$319M |
| 2 |
SPLK
Splunk Inc
SPLK
|
+$265M |
| 3 |
Pfizer
PFE
|
+$251M |
| 4 |
AT&T
T
|
+$229M |
| 5 |
Apple
AAPL
|
+$224M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$238M |
| 2 |
Wells Fargo
WFC
|
+$238M |
| 3 |
Oracle
ORCL
|
+$235M |
| 4 |
Home Depot
HD
|
+$226M |
| 5 |
Netflix
NFLX
|
+$220M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.76% |
| 2 | Healthcare | 14.03% |
| 3 | Consumer Discretionary | 12.88% |
| 4 | Industrials | 7.85% |
| 5 | Financials | 7.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Baxter International
BAX
$13.6B
| $217M | 0.56% |
2,573,430
+255,381
| +11% | +$20.3M |
|
27
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $212M | 0.55% |
536,100
+40,200
| +8% | +$15.5M |
|
28
Lowe's Companies
LOW
$121B
| $212M | 0.55% |
1,114,179
-268,839
| -19% | -$46.1M |
|
29
PepsiCo
PEP
$196B
| $211M | 0.55% |
1,489,121
+385,866
| +35% | +$52.9M |
|
30
Medtronic
MDT
$119B
| $210M | 0.55% |
1,774,097
+1,766,751
| +24,051% | +$207M |
|
31
United Parcel Service
UPS
$86.8B
| $201M | 0.52% |
+1,182,039
| New | +$191M |
|
|
32
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $193M | 0.5% |
487,800
+392,200
| +410% | +$151M |
|
33
Snap
SNAP
$8.86B
| $190M | 0.49% |
3,636,844
-1,336,886
| -27% | -$76.8M |
|
34
Merck
MRK
$376B
| $187M | 0.49% |
2,548,368
-638,515
| -20% | -$47.1M |
|
35
Etsy
ETSY
$7.44B
| $183M | 0.48% |
905,560
+412,286
| +84% | +$86.3M |
|
36
Palo Alto Networks
PANW
$292B
| $179M | 0.47% |
3,340,668
+2,575,326
| +336% | +$153M |
|
37
Zscaler
ZS
$29.4B
| $178M | 0.46% |
1,035,191
+333,399
| +48% | +$66.2M |
|
38
Canadian National Railway
CNI
$78.5B
| $174M | 0.45% |
1,502,632
+1,486,359
| +9,134% | +$165M |
|
|
CERN
39
DELISTED
Cerner Corp
CERN
| $161M | 0.42% |
2,240,480
+2,131,732
| +1,960% | +$160M |
|
40
Tractor Supply
TSCO
$18.2B
| $160M | 0.42% |
4,516,175
+1,135,295
| +34% | +$36.2M |
|
41
PayPal
PYPL
$52.7B
| $157M | 0.41% |
+645,002
| New | +$163M |
|
42
Tesla
TSLA
$1.43T
| $156M | 0.41% |
700,791
+585,726
| +509% | +$147M |
|
43
Willis Towers Watson
WTW
$31.8B
| $155M | 0.4% |
678,840
+287,051
| +73% | +$62.6M |
|
44
Meta Platforms (Facebook)
META
$1.4T
| $153M | 0.4% |
519,618
-373,540
| -42% | -$101M |
|
45
AutoZone
AZO
$48.3B
| $151M | 0.39% |
107,443
+43,970
| +69% | +$54.4M |
|
46
NIO
NIO
$11.6B
| $148M | 0.39% |
3,809,221
-249,493
| -6% | -$12.7M |
|
47
TJX Companies
TJX
$155B
| $147M | 0.38% |
2,221,576
+2,130,858
| +2,349% | +$143M |
|
48
Alphabet (Google) Class A
GOOGL
$4.22T
| $143M | 0.37% |
1,383,600
+500,880
| +57% | +$49.4M |
|
49
Cisco
CSCO
$438B
| $142M | 0.37% |
2,740,647
-2,717,209
| -50% | -$128M |
|
50
CRISPR Therapeutics
CRSP
$5.75B
| $139M | 0.36% |
1,138,108
+856,873
| +305% | +$129M |
|
Similar funds
John Overdeck's Q1 2021 Portfolio in Review
As of Q1 2021, John Overdeck held 4,427 positions worth $38.4B, up 10% from $34.9B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
John Overdeck deployed $1.51B of net new capital in Q1 2021, opening 1,151 new positions and adding to 1,361 existing holdings. Its largest new stake was Roku: 814,202 shares worth $265M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Bank of America, an estimated $238M trimmed.
- John Overdeck's largest Q1 2021 buy was Roku: 814,202 shares worth $265M.
- John Overdeck added most to AT&T in Q1 2021, an estimated $229M increase.
- John Overdeck's biggest Q1 2021 reduction was Bank of America, cutting an estimated $238M.
- John Overdeck fully exited Netflix in Q1 2021, selling an estimated $220M.
- John Overdeck's ten largest holdings make up 6.7% of its $38.4B portfolio in Q1 2021.
- John Overdeck opened 1,151 new positions and closed 677 in Q1 2021.
- John Overdeck's portfolio value rose 10% quarter-over-quarter to $38.4B.
Based on Two Sigma Investments's 13F filing for Q1 2021, filed 17 May 2021.