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 | |
|---|---|---|---|---|---|---|
|
476
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $19.6M | 0.04% |
34,200
-3,400
| -9% | -$1.88M |
|
477
Reliance Steel & Aluminium
RS
$19.8B
| $19.5M | 0.04% |
67,401
+15,496
| +30% | +$4.44M |
|
478
Manulife Financial
MFC
$70.5B
| $19.3M | 0.04% |
654,615
-303,200
| -32% | -$8.15M |
|
|
TPH
479
DELISTED
Tri Pointe Homes
TPH
| $19.3M | 0.04% |
425,929
+203,774
| +92% | +$8.72M |
|
480
Chemours
CC
$2.4B
| $19.2M | 0.04% |
943,796
-20,174
| -2% | -$412K |
|
481
Tetra Tech
TTEK
$9.47B
| $19.2M | 0.04% |
406,601
+6,061
| +2% | +$270K |
|
482
Idacorp
IDA
$7.94B
| $19.1M | 0.04% |
185,736
+41,707
| +29% | +$4.17M |
|
483
MannKind Corp
MNKD
$1.33B
| $19.1M | 0.04% |
3,039,228
+214,626
| +8% | +$1.23M |
|
484
Western Union
WU
$2.28B
| $19.1M | 0.04% |
1,601,858
+1,411,921
| +743% | +$17M |
|
485
Hudbay
HBM
$13.4B
| $19M | 0.04% |
2,068,680
-662,076
| -24% | -$5.34M |
|
486
Huazhu Hotels Group
HTHT
$15.1B
| $19M | 0.04% |
509,718
+424,353
| +497% | +$12.9M |
|
487
Twist Bioscience
TWST
$9.13B
| $19M | 0.04% |
419,588
-159,639
| -28% | -$7.6M |
|
488
Hewlett Packard
HPE
$70.8B
| $18.9M | 0.04% |
923,574
+762,874
| +475% | +$14.6M |
|
|
ECHO
489
EchoStar
ECHO
$25.2B
| $18.8M | 0.04% |
757,062
-85,532
| -10% | -$1.75M |
|
490
Stellantis
STLA
$20.4B
| $18.8M | 0.04% |
1,336,261
-2,208,427
| -62% | -$37.5M |
|
|
TXNM
491
TXNM Energy Inc
TXNM
$5.9B
| $18.8M | 0.04% |
428,901
-100,119
| -19% | -$4.07M |
|
492
Arbor Realty Trust
ABR
$968M
| $18.7M | 0.04% |
1,204,403
+317,427
| +36% | +$4.41M |
|
493
Genmab
GMAB
$20.6B
| $18.7M | 0.04% |
767,909
+58,328
| +8% | +$1.56M |
|
494
Acuity Brands
AYI
$10.3B
| $18.7M | 0.04% |
67,848
+29,109
| +75% | +$7.23M |
|
495
PUT
World Kinect Corp
WKC
$1.84B
| $18.6M | 0.04% |
603,000
| – | – |
|
496
Petco
WOOF
$811M
| $18.6M | 0.04% |
4,096,387
+420,884
| +11% | +$1.43M |
|
497
Immunocore
IMCR
$1.9B
| $18.6M | 0.04% |
597,142
+157,689
| +36% | +$5.74M |
|
498
RingCentral
RNG
$5.6B
| $18.5M | 0.04% |
586,210
-75,998
| -11% | -$2.4M |
|
499
Kemper
KMPR
$1.59B
| $18.4M | 0.04% |
300,955
+136,892
| +83% | +$8.42M |
|
500
Tenet Healthcare
THC
$22.6B
| $18.3M | 0.04% |
110,212
+95,612
| +655% | +$14.5M |
|
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.