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
|
+$976M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$219M |
| 3 |
Humana
HUM
|
+$215M |
| 4 |
Pinterest
PINS
|
+$214M |
| 5 |
Snowflake
SNOW
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$301M |
| 2 |
Tesla
TSLA
|
+$254M |
| 3 |
Nike
NKE
|
+$248M |
| 4 |
Procter & Gamble
PG
|
+$233M |
| 5 |
Pfizer
PFE
|
+$232M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.09% |
| 2 | Financials | 10.23% |
| 3 | Consumer Discretionary | 10.17% |
| 4 | Healthcare | 10.17% |
| 5 | Industrials | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
PepsiCo
PEP
$196B
| $163M | 0.37% |
957,984
-303,099
| -24% | -$50.3M |
|
52
CrowdStrike
CRWD
$195B
| $161M | 0.37% |
2,517,656
+364,364
| +17% | +$19.1M |
|
53
Johnson & Johnson
JNJ
$651B
| $160M | 0.37% |
1,022,842
+1,016,086
| +15,040% | +$156M |
|
54
AstraZeneca
AZN
$257B
| $159M | 0.36% |
1,177,258
+554,572
| +89% | +$72.1M |
|
55
Ford
F
$57.5B
| $158M | 0.36% |
12,971,423
-6,049,226
| -32% | -$67.3M |
|
56
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $158M | 0.36% |
2,175,500
+1,256,300
| +137% | +$86.4M |
|
57
Qualcomm
QCOM
$169B
| $157M | 0.36% |
1,088,482
-1,126,952
| -51% | -$140M |
|
58
PUT
American Airlines Group
AAL
$9.15B
| $157M | 0.36% |
11,443,500
+583,100
| +5% | +$7.32M |
|
59
Citigroup
C
$221B
| $155M | 0.36% |
3,013,753
+2,553,916
| +555% | +$113M |
|
60
CSX Corp
CSX
$95.6B
| $151M | 0.35% |
4,343,538
-935,652
| -18% | -$29.8M |
|
61
SoFi Technologies
SOFI
$24.4B
| $145M | 0.33% |
14,620,381
-542,863
| -4% | -$4.31M |
|
62
HP
HPQ
$27.2B
| $145M | 0.33% |
4,803,951
+1,030,942
| +27% | +$28.9M |
|
63
Devon Energy
DVN
$54B
| $143M | 0.33% |
3,161,840
+2,713,816
| +606% | +$124M |
|
64
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $139M | 0.32% |
587,030
+505,350
| +619% | +$112M |
|
65
Nu Holdings
NU
$70.4B
| $138M | 0.32% |
16,551,195
-3,160,046
| -16% | -$25.5M |
|
66
Cencora
COR
$60.7B
| $137M | 0.31% |
664,965
+359,540
| +118% | +$70.2M |
|
67
PUT
Coinbase
COIN
$49.2B
| $136M | 0.31% |
781,800
| – | – |
|
68
Colgate-Palmolive
CL
$72.6B
| $135M | 0.31% |
1,690,618
+704,438
| +71% | +$53M |
|
69
MetLife
MET
$60B
| $134M | 0.31% |
2,023,937
-634,258
| -24% | -$39.7M |
|
70
Newmont
NEM
$139B
| $133M | 0.31% |
3,222,111
+536,465
| +20% | +$20.7M |
|
71
Philip Morris
PM
$293B
| $132M | 0.3% |
1,408,200
-345,213
| -20% | -$31.8M |
|
72
Mettler-Toledo International
MTD
$28B
| $131M | 0.3% |
107,761
+15,767
| +17% | +$17.1M |
|
73
AbbVie
ABBV
$468B
| $130M | 0.3% |
841,681
-62,510
| -7% | -$9.11M |
|
74
Duolingo
DUOL
$6.84B
| $129M | 0.3% |
569,608
+107,883
| +23% | +$21M |
|
75
Carvana
CVNA
$76.9B
| $129M | 0.3% |
12,191,930
+1,445,870
| +13% | +$10.8M |
|
Similar funds
John Overdeck's Q4 2023 Portfolio in Review
As of Q4 2023, John Overdeck held 3,484 positions worth $43.5B, up 17% from $37.2B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
John Overdeck's Q4 2023 filing shows 550 new, 1,237 increased, 1,116 reduced and 366 closed positions. Its largest new stake was Becton Dickinson: 732,254 shares worth $179M. The largest sale was Palantir, an estimated $301M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.
- John Overdeck's largest Q4 2023 buy was Becton Dickinson: 732,254 shares worth $179M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $976M increase.
- John Overdeck's biggest Q4 2023 reduction was Palantir, cutting an estimated $301M.
- John Overdeck fully exited Tesla in Q4 2023, selling an estimated $254M.
- John Overdeck's ten largest holdings make up 9.3% of its $43.5B portfolio in Q4 2023.
- John Overdeck opened 550 new positions and closed 366 in Q4 2023.
- John Overdeck's portfolio value rose 17% quarter-over-quarter to $43.5B.
Based on Two Sigma Investments's 13F filing for Q4 2023, filed 14 Feb 2024.