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 |
Johnson & Johnson
JNJ
|
+$173M |
| 2 |
Costco
COST
|
+$166M |
| 3 |
Oracle
ORCL
|
+$156M |
| 4 |
Home Depot
HD
|
+$151M |
| 5 |
Caterpillar
CAT
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$178M |
| 2 |
Ulta Beauty
ULTA
|
+$146M |
| 3 |
Palo Alto Networks
PANW
|
+$137M |
| 4 |
Ovintiv
OVV
|
+$132M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.86% |
| 2 | Consumer Discretionary | 14.49% |
| 3 | Healthcare | 10.19% |
| 4 | Industrials | 10.01% |
| 5 | Financials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Workday
WDAY
$49.4B
| $114M | 0.38% |
555,563
+424,175
| +323% | +$85.7M |
|
|
CTXS
52
DELISTED
Citrix Systems Inc
CTXS
| $112M | 0.38% |
1,143,759
+195,237
| +21% | +$19.2M |
|
53
PG&E
PCG
$38.8B
| $111M | 0.37% |
4,858,660
+2,724,718
| +128% | +$54.8M |
|
54
Edison International
EIX
$27.5B
| $109M | 0.37% |
1,621,793
+1,197,982
| +283% | +$74.4M |
|
55
IBM
IBM
$222B
| $108M | 0.36% |
821,211
+815,420
| +14,081% | +$107M |
|
56
Restaurant Brands International
QSR
$28.2B
| $108M | 0.36% |
1,551,847
-192,109
| -11% | -$12.9M |
|
57
Altria Group
MO
$110B
| $108M | 0.36% |
+2,276,979
| New | +$119M |
|
58
MGM Resorts International
MGM
$11B
| $106M | 0.35% |
3,713,022
-1,922,460
| -34% | -$51.4M |
|
59
Hilton Worldwide
HLT
$73.5B
| $106M | 0.35% |
1,083,735
-749,785
| -41% | -$68.1M |
|
60
Colgate-Palmolive
CL
$72.6B
| $102M | 0.34% |
1,419,335
+494,457
| +53% | +$35.1M |
|
61
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $97.8M | 0.33% |
333,900
+136,200
| +69% | +$39.2M |
|
62
Sysco
SYY
$40.2B
| $97.6M | 0.33% |
1,380,360
+34,880
| +3% | +$2.48M |
|
|
RHT
63
DELISTED
Red Hat Inc
RHT
| $96.7M | 0.32% |
515,103
+372,789
| +262% | +$68.8M |
|
64
CSX Corp
CSX
$95.6B
| $96.2M | 0.32% |
3,730,041
+2,952,078
| +379% | +$76.1M |
|
|
CTRA
65
DELISTED
Coterra Energy
CTRA
| $96.1M | 0.32% |
4,187,097
+1,406,211
| +51% | +$35.8M |
|
66
HubSpot
HUBS
$12B
| $90.9M | 0.3% |
532,887
-114,832
| -18% | -$20M |
|
67
3M
MMM
$92.3B
| $90.7M | 0.3% |
626,147
+387,782
| +163% | +$59.7M |
|
68
Monster Beverage
MNST
$93.6B
| $89.3M | 0.3% |
5,595,140
+212,560
| +4% | +$3.2M |
|
69
Mohawk Industries
MHK
$9.23B
| $88.9M | 0.3% |
602,579
-237,667
| -28% | -$32.9M |
|
|
RTN
70
DELISTED
Raytheon Company
RTN
| $88.4M | 0.3% |
508,291
+463,078
| +1,024% | +$83.3M |
|
71
Shopify
SHOP
$192B
| $87.5M | 0.29% |
+2,916,120
| New | +$75.9M |
|
|
FISV
72
Fiserv Inc
FISV
$28B
| $87.1M | 0.29% |
954,962
+4,054
| +0.4% | +$355K |
|
73
Alcoa
AA
$13.7B
| $86.2M | 0.29% |
3,682,173
+553,967
| +18% | +$13.8M |
|
74
Cardinal Health
CAH
$53.4B
| $86M | 0.29% |
1,826,782
+599,464
| +49% | +$27.7M |
|
75
Dropbox
DBX
$7.5B
| $85.7M | 0.29% |
3,421,101
-488,322
| -12% | -$11.3M |
|
Similar funds
John Overdeck's Q2 2019 Portfolio in Review
As of Q2 2019, John Overdeck held 3,889 positions worth $29.9B, down 3.1% from $30.8B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $1.42B in Q2 2019, closing 616 positions and reducing 1,214 holdings. Its most notable exit was Palo Alto Networks, an estimated $137M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, John Overdeck opened a new position in Costco worth $176M.
- John Overdeck's largest Q2 2019 buy was Costco: 664,506 shares worth $176M.
- John Overdeck added most to Johnson & Johnson in Q2 2019, an estimated $173M increase.
- John Overdeck's biggest Q2 2019 reduction was Citigroup, cutting an estimated $178M.
- John Overdeck fully exited Palo Alto Networks in Q2 2019, selling an estimated $137M.
- John Overdeck's ten largest holdings make up 6.6% of its $29.9B portfolio in Q2 2019.
- John Overdeck opened 921 new positions and closed 616 in Q2 2019.
- John Overdeck's portfolio value fell 3.1% quarter-over-quarter to $29.9B.
Based on Two Sigma Investments's 13F filing for Q2 2019, filed 14 Aug 2019.