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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$510M |
| 2 |
Broadcom
AVGO
|
+$318M |
| 3 |
Marvell Technology
MRVL
|
+$290M |
| 4 |
Salesforce
CRM
|
+$263M |
| 5 |
Advanced Micro Devices
AMD
|
+$250M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$255M |
| 2 |
Progressive
PGR
|
+$244M |
| 3 |
Visa
V
|
+$238M |
| 4 |
Lam Research
LRCX
|
+$201M |
| 5 |
Elevance Health
ELV
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.88% |
| 2 | Healthcare | 13.28% |
| 3 | Financials | 10.32% |
| 4 | Industrials | 9.79% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
SP Funds S&P 500 Sharia ETF
SPUS
$3.06B
| $14.5M | 0.03% |
373,300
+156,800
| +72% | +$6.61M |
|
577
Matsons
MATX
$6.63B
| $14.5M | 0.03% |
113,217
+77,277
| +215% | +$10.6M |
|
578
H&R Block
HRB
$6.66B
| $14.5M | 0.03% |
263,641
+227,189
| +623% | +$12.1M |
|
579
Lennar Class A
LEN
$21.3B
| $14.4M | 0.03% |
125,703
+114,649
| +1,037% | +$14.3M |
|
580
Idexx Laboratories
IDXX
$43.9B
| $14.4M | 0.03% |
34,339
-53,147
| -61% | -$23.1M |
|
581
Cal-Maine
CALM
$4B
| $14.4M | 0.03% |
158,431
-15,614
| -9% | -$1.54M |
|
582
Trinity Capital Inc
TRIN
$1.77B
| $14.3M | 0.03% |
945,906
+579,204
| +158% | +$9M |
|
583
RingCentral
RNG
$5.59B
| $14.3M | 0.03% |
577,224
-219,351
| -28% | -$6.84M |
|
584
PTC
PTC
$16.8B
| $14.3M | 0.03% |
92,182
-68,197
| -43% | -$11.7M |
|
585
PUT
Freshpet
FRPT
$3.68B
| $14.3M | 0.03% |
171,700
-364,300
| -68% | -$44.6M |
|
586
Louisiana-Pacific
LPX
$5.05B
| $14.2M | 0.03% |
154,806
-53,787
| -26% | -$5.61M |
|
587
Viasat
VSAT
$10.1B
| $14.2M | 0.03% |
1,364,694
+228,019
| +20% | +$2.2M |
|
588
Prospect Capital
PSEC
$1.16B
| $14.2M | 0.03% |
3,459,044
+2,774,232
| +405% | +$11.9M |
|
589
Intellia Therapeutics
NTLA
$1.75B
| $14.2M | 0.03% |
1,992,905
+149,162
| +8% | +$1.51M |
|
590
WisdomTree
WT
$3.6B
| $14.2M | 0.03% |
1,587,477
+87,106
| +6% | +$812K |
|
591
Primoris Services
PRIM
$4.07B
| $14.1M | 0.03% |
246,003
+205,750
| +511% | +$14.9M |
|
592
Lucid Motors
LCID
$2.05B
| $14.1M | 0.03% |
582,760
-1,002,431
| -63% | -$26.8M |
|
593
McGrath RentCorp
MGRC
$2.84B
| $14.1M | 0.03% |
126,340
-19,065
| -13% | -$2.25M |
|
594
Halliburton
HAL
$28.8B
| $14.1M | 0.03% |
+553,857
| New | +$14.6M |
|
595
Arrow Electronics
ARW
$10.3B
| $14M | 0.03% |
135,243
+107,190
| +382% | +$11.8M |
|
596
Oshkosh
OSK
$9.62B
| $14M | 0.03% |
149,095
+42,900
| +40% | +$4.29M |
|
597
LivaNova
LIVN
$4.32B
| $14M | 0.03% |
356,833
-82,749
| -19% | -$3.71M |
|
598
Zions Bancorporation
ZION
$9.95B
| $14M | 0.03% |
280,825
+200,109
| +248% | +$10.8M |
|
599
Eagle Materials
EXP
$6.29B
| $13.9M | 0.03% |
62,824
+38,528
| +159% | +$9.14M |
|
600
Freshworks
FRSH
$3.44B
| $13.9M | 0.03% |
986,406
+121,265
| +14% | +$2.03M |
|
Similar funds
John Overdeck's Q1 2025 Portfolio in Review
As of Q1 2025, John Overdeck held 3,617 positions worth $46.8B, up 2% from $45.9B the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
John Overdeck deployed $2.08B of net new capital in Q1 2025, opening 458 new positions and adding to 1,225 existing holdings. Its largest new stake was Advanced Micro Devices: 2,246,952 shares worth $231M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Eli Lilly, an estimated $255M trimmed.
- John Overdeck's largest Q1 2025 buy was Advanced Micro Devices: 2,246,952 shares worth $231M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $510M increase.
- John Overdeck's biggest Q1 2025 reduction was Eli Lilly, cutting an estimated $255M.
- John Overdeck fully exited Coinbase in Q1 2025, selling an estimated $45M.
- John Overdeck's ten largest holdings make up 8.1% of its $46.8B portfolio in Q1 2025.
- John Overdeck opened 458 new positions and closed 452 in Q1 2025.
- John Overdeck's portfolio value rose 2% quarter-over-quarter to $46.8B.
Based on Two Sigma Investments's 13F filing for Q1 2025, filed 15 May 2025.