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 |
Advanced Micro Devices
AMD
|
+$275M |
| 2 |
Netflix
NFLX
|
+$254M |
| 3 |
Microsoft
MSFT
|
+$242M |
| 4 |
Qualcomm
QCOM
|
+$236M |
| 5 |
Starbucks
SBUX
|
+$232M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$236M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$221M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
| 4 |
McDonald's
MCD
|
+$183M |
| 5 |
Union Pacific
UNP
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.08% |
| 2 | Healthcare | 12.88% |
| 3 | Consumer Discretionary | 11.39% |
| 4 | Financials | 10.88% |
| 5 | Industrials | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
A10 Networks
ATEN
$1.84B
| $6.78M | 0.02% |
451,430
+62,544
| +16% | +$926K |
|
727
Knife River
KNF
$3.65B
| $6.76M | 0.02% |
+138,442
| New | +$6.57M |
|
728
Children's Place
PLCE
$60.3M
| $6.75M | 0.02% |
249,613
+34,993
| +16% | +$949K |
|
729
Orion
OEC
$343M
| $6.74M | 0.02% |
316,825
-58,033
| -15% | -$1.27M |
|
|
CMA
730
DELISTED
Comerica
CMA
| $6.72M | 0.02% |
161,618
-30,368
| -16% | -$1.44M |
|
731
Sweetgreen
SG
$827M
| $6.67M | 0.02% |
+567,576
| New | +$7.9M |
|
732
D.R. Horton
DHI
$41.7B
| $6.66M | 0.02% |
62,013
+48,252
| +351% | +$5.78M |
|
733
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$136M
| $6.66M | 0.02% |
71,403
+48,315
| +209% | +$4.54M |
|
734
Banner Corp
BANR
$2.42B
| $6.66M | 0.02% |
157,071
-979
| -0.6% | -$43.9K |
|
735
Chemours
CC
$2.32B
| $6.65M | 0.02% |
+237,228
| New | +$8.15M |
|
736
ASML
ASML
$674B
| $6.57M | 0.02% |
11,164
-2,586
| -19% | -$1.72M |
|
737
Prothena Corp
PRTA
$485M
| $6.57M | 0.02% |
136,203
-26,530
| -16% | -$1.58M |
|
738
Zurn Elkay Water Solutions
ZWS
$8.1B
| $6.54M | 0.02% |
233,237
+65,203
| +39% | +$1.86M |
|
739
Roivant Sciences
ROIV
$26.3B
| $6.48M | 0.02% |
554,464
-496,772
| -47% | -$5.62M |
|
740
Blackstone Secured Lending
BXSL
$5.82B
| $6.47M | 0.02% |
236,380
-329,513
| -58% | -$9.12M |
|
741
AptarGroup
ATR
$8.57B
| $6.46M | 0.02% |
51,654
-44,229
| -46% | -$5.42M |
|
742
Insperity
NSP
$2B
| $6.45M | 0.02% |
66,089
+51,788
| +362% | +$5.41M |
|
743
Bread Financial
BFH
$4.08B
| $6.4M | 0.02% |
187,275
+95,783
| +105% | +$3.51M |
|
744
Vermilion Energy
VET
$1.9B
| $6.38M | 0.02% |
436,363
-328,615
| -43% | -$4.62M |
|
745
Vanguard S&P 500 Growth ETF
VOOG
$26.6B
| $6.37M | 0.02% |
+154,800
| New | +$6.58M |
|
746
Wingstop
WING
$3.17B
| $6.32M | 0.02% |
35,140
-328,606
| -90% | -$56.8M |
|
747
Twist Bioscience
TWST
$8.74B
| $6.29M | 0.02% |
310,421
+235,659
| +315% | +$5.18M |
|
|
VMW
748
DELISTED
VMware, Inc
VMW
| $6.28M | 0.02% |
37,721
-212,000
| -85% | -$34M |
|
749
Cardinal Health
CAH
$53.5B
| $6.27M | 0.02% |
72,247
-60,503
| -46% | -$5.47M |
|
750
Syndax Pharmaceuticals
SNDX
$1.76B
| $6.27M | 0.02% |
+431,565
| New | +$8.16M |
|
Similar funds
John Overdeck's Q3 2023 Portfolio in Review
As of Q3 2023, John Overdeck held 3,402 positions worth $37.2B, down 6.8% from $39.9B the previous quarter. Its ten largest holdings account for 7% of the portfolio.
John Overdeck withdrew a net $1.95B in Q3 2023, closing 472 positions and reducing 1,183 holdings. Its most notable exit was Etsy, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in Eli Lilly worth $232M.
- John Overdeck's largest Q3 2023 buy was Eli Lilly: 432,734 shares worth $232M.
- John Overdeck added most to Advanced Micro Devices in Q3 2023, an estimated $275M increase.
- John Overdeck's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $236M.
- John Overdeck fully exited Etsy in Q3 2023, selling an estimated $144M.
- John Overdeck's ten largest holdings make up 7% of its $37.2B portfolio in Q3 2023.
- John Overdeck opened 430 new positions and closed 472 in Q3 2023.
- John Overdeck's portfolio value fell 6.8% quarter-over-quarter to $37.2B.
Based on Two Sigma Investments's 13F filing for Q3 2023, filed 14 Nov 2023.