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 |
Gilead Sciences
GILD
|
+$244M |
| 2 |
Pfizer
PFE
|
+$234M |
| 3 |
Nike
NKE
|
+$201M |
| 4 |
Tesla
TSLA
|
+$200M |
| 5 |
S&P Global
SPGI
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$305M |
| 2 |
Advanced Micro Devices
AMD
|
+$241M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$231M |
| 4 |
Merck
MRK
|
+$199M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.1% |
| 2 | Healthcare | 11.63% |
| 3 | Consumer Discretionary | 11.09% |
| 4 | Financials | 10.76% |
| 5 | Industrials | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Lockheed Martin
LMT
$130B
| $219M | 0.51% |
480,856
-25,482
| -5% | -$11.2M |
|
27
Cummins
CMI
$80.9B
| $217M | 0.51% |
736,105
+606,937
| +470% | +$156M |
|
28
AstraZeneca
AZN
$257B
| $216M | 0.51% |
1,594,678
+417,420
| +35% | +$55.3M |
|
29
Costco
COST
$420B
| $216M | 0.51% |
294,492
-53,182
| -15% | -$38M |
|
30
Nu Holdings
NU
$70.4B
| $215M | 0.5% |
18,004,603
+1,453,408
| +9% | +$14.8M |
|
31
Sherwin-Williams
SHW
$84.1B
| $212M | 0.5% |
610,160
+446,491
| +273% | +$142M |
|
32
Keurig Dr Pepper
KDP
$43.6B
| $210M | 0.49% |
6,835,184
+4,913,873
| +256% | +$151M |
|
33
Visa
V
$693B
| $206M | 0.48% |
737,024
-283,945
| -28% | -$78.4M |
|
34
Uber
UBER
$161B
| $205M | 0.48% |
2,664,871
+1,846,583
| +226% | +$133M |
|
35
Zscaler
ZS
$29.4B
| $202M | 0.48% |
1,051,208
+660,656
| +169% | +$148M |
|
36
Progressive
PGR
$127B
| $201M | 0.47% |
970,621
+275,411
| +40% | +$51.1M |
|
37
Carvana
CVNA
$76.9B
| $199M | 0.47% |
11,302,610
-889,320
| -7% | -$10.9M |
|
|
38
S&P Global
SPGI
$127B
| $194M | 0.45% |
455,121
+453,021
| +21,572% | +$196M |
|
39
iShares Russell 1000 Growth ETF
IWF
$125B
| $193M | 0.45% |
2,285,600
-222,400
| -9% | -$17.9M |
|
40
Zoom
ZM
$31.5B
| $186M | 0.44% |
2,845,845
+33,265
| +1% | +$2.22M |
|
41
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $186M | 0.44% |
2,275,000
+99,500
| +5% | +$7.75M |
|
|
42
Nike
NKE
$60.5B
| $185M | 0.44% |
+1,972,321
| New | +$201M |
|
43
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $184M | 0.43% |
2,404,644
+2,398,010
| +36,147% | +$177M |
|
44
Honeywell
HON
$68.4B
| $182M | 0.43% |
943,360
+896,126
| +1,897% | +$169M |
|
|
45
Tesla
TSLA
$1.43T
| $180M | 0.42% |
+1,023,427
| New | +$200M |
|
46
ServiceNow
NOW
$133B
| $179M | 0.42% |
1,177,065
+780,600
| +197% | +$118M |
|
47
Abbott
ABT
$202B
| $177M | 0.42% |
1,558,875
+1,483,924
| +1,980% | +$170M |
|
48
Cloudflare
NET
$104B
| $176M | 0.41% |
1,817,647
-291,082
| -14% | -$26.4M |
|
49
Microsoft
MSFT
$3.59T
| $175M | 0.41% |
416,918
-325,584
| -44% | -$132M |
|
50
PUT
Coinbase
COIN
$49.2B
| $173M | 0.41% |
651,600
-130,200
| -17% | -$23.4M |
|
Similar funds
John Overdeck's Q1 2024 Portfolio in Review
As of Q1 2024, John Overdeck held 3,518 positions worth $42.6B, down 2.1% from $43.5B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
John Overdeck withdrew a net $4.42B in Q1 2024, closing 532 positions and reducing 1,392 holdings. Its most notable exit was Rivian, an estimated $158M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in Pfizer worth $234M.
- John Overdeck's largest Q1 2024 buy was Pfizer: 8,419,014 shares worth $234M.
- John Overdeck added most to Gilead Sciences in Q1 2024, an estimated $244M increase.
- John Overdeck's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $305M.
- John Overdeck fully exited Rivian in Q1 2024, selling an estimated $158M.
- John Overdeck's ten largest holdings make up 9% of its $42.6B portfolio in Q1 2024.
- John Overdeck opened 408 new positions and closed 532 in Q1 2024.
- John Overdeck's portfolio value fell 2.1% quarter-over-quarter to $42.6B.
Based on Two Sigma Investments's 13F filing for Q1 2024, filed 15 May 2024.