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 | |
|---|---|---|---|---|---|---|
651
iShares Bitcoin Trust
IBIT
$59.9B
| $12M | 0.03% |
331,948
+216,000
| +186% | +$7.5M |
|
652
Capital Southwest
CSWC
$1.6B
| $12M | 0.03% |
473,718
-87,960
| -16% | -$2.23M |
|
653
Booking.com
BKNG
$161B
| $11.9M | 0.03% |
70,850
-272,150
| -79% | -$41.7M |
|
|
ALE
654
DELISTED
Allete
ALE
| $11.9M | 0.03% |
184,825
+155,529
| +531% | +$9.91M |
|
655
Pilgrim's Pride
PPC
$7.68B
| $11.8M | 0.03% |
256,955
+202,455
| +371% | +$8.56M |
|
|
CALY
656
PUT
Callaway Golf Company
CALY
$2.83B
| $11.8M | 0.03% |
1,072,800
+100
| +0% | +$1.26K |
|
657
PTC Therapeutics
PTCT
$5.81B
| $11.8M | 0.03% |
317,297
-876
| -0.3% | -$29.3K |
|
658
Encompass Health
EHC
$12B
| $11.7M | 0.03% |
+121,171
| New | +$10.9M |
|
659
Apogee Therapeutics
APGE
$10.2B
| $11.7M | 0.03% |
199,308
-102,914
| -34% | -$4.93M |
|
660
Valley National Bancorp
VLY
$7.82B
| $11.7M | 0.03% |
1,290,872
-59,719
| -4% | -$485K |
|
661
Booz Allen Hamilton
BAH
$9.17B
| $11.6M | 0.03% |
+71,434
| New | +$10.9M |
|
662
Crane NXT
CXT
$2.87B
| $11.6M | 0.03% |
206,860
+123,185
| +147% | +$7.16M |
|
663
GlobalFoundries
GFS
$25.4B
| $11.6M | 0.03% |
288,021
-454,334
| -61% | -$21.1M |
|
664
Kyndryl
KD
$2.85B
| $11.6M | 0.03% |
504,170
-304,923
| -38% | -$7.44M |
|
665
NovoCure
NVCR
$1.96B
| $11.6M | 0.03% |
739,954
-504,210
| -41% | -$9.14M |
|
666
iShares MSCI USA Min Vol Factor ETF
USMV
$24.3B
| $11.6M | 0.03% |
+126,600
| New | +$11.2M |
|
667
Hormel Foods
HRL
$13.2B
| $11.5M | 0.03% |
362,414
-291,232
| -45% | -$9.25M |
|
668
ConocoPhillips
COP
$160B
| $11.4M | 0.03% |
108,222
-904,268
| -89% | -$99.3M |
|
669
Domino's
DPZ
$11.4B
| $11.4M | 0.02% |
26,432
-104,081
| -80% | -$45.2M |
|
670
Alkermes
ALKS
$8.09B
| $11.4M | 0.02% |
405,659
+326,929
| +415% | +$8.72M |
|
671
Astera Labs
ALAB
$48.3B
| $11.3M | 0.02% |
+216,327
| New | +$10.2M |
|
672
NETSCOUT
NTCT
$2.77B
| $11.3M | 0.02% |
520,557
+62,201
| +14% | +$1.23M |
|
673
Sixth Street Specialty
TSLX
$1.8B
| $11.3M | 0.02% |
550,943
-16,079
| -3% | -$338K |
|
674
Nomad Foods
NOMD
$1.75B
| $11.3M | 0.02% |
590,946
-128,755
| -18% | -$2.37M |
|
675
Logitech
LOGI
$13.9B
| $11.2M | 0.02% |
125,284
-80,279
| -39% | -$7.14M |
|
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.