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 | |
|---|---|---|---|---|---|---|
626
ESAB
ESAB
$5.05B
| $12.8M | 0.03% |
120,617
-94,597
| -44% | -$9.36M |
|
627
Kymera Therapeutics
KYMR
$9.85B
| $12.8M | 0.03% |
270,035
-78,883
| -23% | -$3.48M |
|
|
KLG
628
DELISTED
WK Kellogg Co
KLG
| $12.7M | 0.03% |
742,274
-23,296
| -3% | -$400K |
|
629
Norfolk Southern
NSC
$79B
| $12.7M | 0.03% |
50,970
-5,479
| -10% | -$1.31M |
|
630
McKesson
MCK
$101B
| $12.6M | 0.03% |
25,413
-193,013
| -88% | -$107M |
|
631
PUT
Beyond Meat
BYND
$249M
| $12.5M | 0.03% |
61,513
| – | – |
|
632
Kinetik
KNTK
$4.36B
| $12.5M | 0.03% |
276,440
-149,819
| -35% | -$6.48M |
|
633
Provident Financial Services
PFS
$3.09B
| $12.5M | 0.03% |
672,811
+11,640
| +2% | +$206K |
|
634
Alamos Gold
AGI
$15.9B
| $12.5M | 0.03% |
625,315
-846,970
| -58% | -$15.5M |
|
635
Vermilion Energy
VET
$1.92B
| $12.4M | 0.03% |
1,274,309
+252,899
| +25% | +$2.57M |
|
636
Cracker Barrel
CBRL
$1.29B
| $12.4M | 0.03% |
273,649
+49,880
| +22% | +$2.05M |
|
637
Seaboard Corp
SEB
$4.08B
| $12.4M | 0.03% |
3,948
+270
| +7% | +$842K |
|
638
Criteo S.A.
CRTO
$854M
| $12.4M | 0.03% |
307,386
+3,222
| +1% | +$142K |
|
639
State Street SPDR S&P Retail ETF
XRT
$328M
| $12.3M | 0.03% |
+158,890
| New | +$12M |
|
|
BECN
640
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $12.3M | 0.03% |
142,500
-119,829
| -46% | -$10.7M |
|
|
NEE.PRR
641
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $12.3M | 0.03% |
+264,468
| New | +$11.8M |
|
642
Integra LifeSciences
IART
$1.29B
| $12.2M | 0.03% |
671,447
+227,796
| +51% | +$5.28M |
|
|
KDK
643
Kodiak AI
KDK
$768M
| $12.2M | 0.03% |
1,125,000
| – | – |
|
644
AXIS Capital
AXS
$7.3B
| $12.2M | 0.03% |
153,020
+60,320
| +65% | +$4.52M |
|
645
Gildan
GIL
$10.3B
| $12.1M | 0.03% |
257,371
+65,397
| +34% | +$2.76M |
|
646
Blue Bird Corp
BLBD
$1.91B
| $12.1M | 0.03% |
252,013
+45,303
| +22% | +$2.24M |
|
647
Linde
LIN
$225B
| $12.1M | 0.03% |
25,318
+8,782
| +53% | +$4.01M |
|
648
Apollo Global Management
APO
$78.5B
| $12M | 0.03% |
+96,435
| New | +$11.1M |
|
649
Trupanion
TRUP
$1.38B
| $12M | 0.03% |
286,383
-72,641
| -20% | -$2.83M |
|
650
Mueller Water Products
MWA
$3.92B
| $12M | 0.03% |
552,745
+220,276
| +66% | +$4.43M |
|
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.