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 |
SLB Ltd
SLB
|
+$230M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$207M |
| 3 |
EA
Electronic Arts
EA
|
+$205M |
| 4 |
Starbucks
SBUX
|
+$171M |
| 5 |
Baidu
BIDU
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$185M |
| 2 |
Elevance Health
ELV
|
+$180M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$169M |
| 4 |
Walt Disney
DIS
|
+$168M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$166M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.51% |
| 2 | Technology | 14.81% |
| 3 | Industrials | 12.21% |
| 4 | Healthcare | 10.11% |
| 5 | Financials | 6.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
CALL
AbbVie
ABBV
$467B
| $7.1M | 0.03% |
77,000
+20,500
| +36% | +$1.8M |
|
|
VXX
652
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $7.09M | 0.03% |
+151,290
| New | +$5.6M |
|
653
IQVIA
IQV
$42.8B
| $7.08M | 0.03% |
60,958
-107,524
| -64% | -$13M |
|
654
Clean Harbors
CLH
$16.5B
| $7.07M | 0.03% |
143,254
+52,993
| +59% | +$3.3M |
|
|
OPLN
655
Openlane
OPLN
$4.15B
| $7.04M | 0.03% |
389,782
-640,371
| -62% | -$13.3M |
|
656
AGCO
AGCO
$7.67B
| $7.01M | 0.03% |
+125,998
| New | +$7.11M |
|
|
ALTR
657
DELISTED
Altair Engineering Inc
ALTR
| $7.01M | 0.03% |
254,117
-185,452
| -42% | -$6.11M |
|
658
GoDaddy
GDDY
$12.7B
| $7M | 0.03% |
106,612
-712,021
| -87% | -$48.7M |
|
|
ANSS
659
DELISTED
Ansys
ANSS
| $6.95M | 0.03% |
48,604
+42,335
| +675% | +$6.58M |
|
660
CALL
ExxonMobil
XOM
$674B
| $6.91M | 0.03% |
101,400
-254,200
| -71% | -$19.9M |
|
661
Alphabet (Google) Class A
GOOGL
$4.27T
| $6.91M | 0.03% |
132,180
-2,533,880
| -95% | -$137M |
|
|
LNW
662
DELISTED
Light & Wonder
LNW
| $6.9M | 0.03% |
385,968
+356,491
| +1,209% | +$7.2M |
|
663
PUT
Booking.com
BKNG
$161B
| $6.89M | 0.03% |
100,000
-125,000
| -56% | -$9.17M |
|
664
Magna International
MGA
$18.1B
| $6.87M | 0.03% |
151,296
-77,570
| -34% | -$3.76M |
|
665
Moody's
MCO
$88.2B
| $6.87M | 0.03% |
+49,023
| New | +$7.39M |
|
|
WCC
666
WESCO International
WCC
$16.4B
| $6.85M | 0.03% |
142,650
+81,239
| +132% | +$4.22M |
|
|
ABB
667
DELISTED
ABB Ltd
ABB
| $6.83M | 0.03% |
359,443
+35,691
| +11% | +$723K |
|
668
Travere Therapeutics
TVTX
$6.16B
| $6.81M | 0.03% |
300,873
+214,392
| +248% | +$5.33M |
|
669
Ingredion
INGR
$6.7B
| $6.79M | 0.03% |
74,309
+57,202
| +334% | +$5.72M |
|
670
Eversource Energy
ES
$26.8B
| $6.71M | 0.03% |
103,162
-15,987
| -13% | -$1.04M |
|
671
Microsoft
MSFT
$3.63T
| $6.69M | 0.03% |
65,855
-323,598
| -83% | -$34.7M |
|
672
KeyCorp
KEY
$23.4B
| $6.67M | 0.03% |
451,492
-2,812,367
| -86% | -$49.5M |
|
673
Sabra Healthcare REIT
SBRA
$5.21B
| $6.67M | 0.03% |
404,794
-95,153
| -19% | -$1.92M |
|
|
LPT
674
DELISTED
Liberty Property Trust
LPT
| $6.66M | 0.03% |
159,073
-236,569
| -60% | -$10.2M |
|
|
ORBK
675
DELISTED
Orbotech Ltd
ORBK
| $6.66M | 0.03% |
117,758
-33,847
| -22% | -$1.89M |
|
Similar funds
John Overdeck's Q4 2018 Portfolio in Review
As of Q4 2018, John Overdeck held 3,851 positions worth $25.5B, down 30% from $36.7B the previous quarter. Its ten largest holdings account for 6.8% of the portfolio.
John Overdeck withdrew a net $5.25B in Q4 2018, closing 943 positions and reducing 1,216 holdings. Its most notable exit was Elevance Health, an estimated $180M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.
Against the trend, John Overdeck opened a new position in Starbucks worth $176M.
- John Overdeck's largest Q4 2018 buy was Starbucks: 2,727,875 shares worth $176M.
- John Overdeck added most to SLB Ltd in Q4 2018, an estimated $230M increase.
- John Overdeck's biggest Q4 2018 reduction was Procter & Gamble, cutting an estimated $185M.
- John Overdeck fully exited Elevance Health in Q4 2018, selling an estimated $180M.
- John Overdeck's ten largest holdings make up 6.8% of its $25.5B portfolio in Q4 2018.
- John Overdeck opened 729 new positions and closed 943 in Q4 2018.
- John Overdeck's portfolio value fell 30% quarter-over-quarter to $25.5B.
Based on Two Sigma Investments's 13F filing for Q4 2018, filed 14 Feb 2019.