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
|
+$510M |
| 2 |
Broadcom
AVGO
|
+$318M |
| 3 |
Marvell Technology
MRVL
|
+$290M |
| 4 |
Salesforce
CRM
|
+$263M |
| 5 |
Advanced Micro Devices
AMD
|
+$250M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$255M |
| 2 |
Progressive
PGR
|
+$244M |
| 3 |
Visa
V
|
+$238M |
| 4 |
Lam Research
LRCX
|
+$201M |
| 5 |
Elevance Health
ELV
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.88% |
| 2 | Healthcare | 13.28% |
| 3 | Financials | 10.32% |
| 4 | Industrials | 9.79% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AACBU
876
DELISTED
Artius II Acquisition Inc Units
AACBU
| $7.31M | 0.02% |
+725,000
| New | +$7.28M |
|
|
LOKVU
877
DELISTED
Live Oak Acquisition Corp V Units
LOKVU
| $7.31M | 0.02% |
+725,000
| New | +$7.28M |
|
|
FERAU
878
Fifth Era Acquisition Corp I Units
FERAU
$221M
| $7.3M | 0.02% |
+725,000
| New | +$7.27M |
|
879
Ryan Specialty Holdings
RYAN
$11.3B
| $7.3M | 0.02% |
98,778
-106,039
| -52% | -$7.21M |
|
|
SVM
880
Silvercorp Metals
SVM
$2.8B
| $7.29M | 0.02% |
1,884,722
-559,705
| -23% | -$1.97M |
|
881
Granite Construction
GVA
$5.47B
| $7.28M | 0.02% |
+96,505
| New | +$8.06M |
|
|
DRDB
882
Roman DBDR Acquisition Corp II
DRDB
$326M
| $7.27M | 0.02% |
+725,000
| New | +$7.22M |
|
883
Bread Financial
BFH
$4.04B
| $7.26M | 0.02% |
145,000
-110,033
| -43% | -$6.25M |
|
|
SEI
884
Solaris Energy Infrastructure
SEI
$3.52B
| $7.24M | 0.02% |
332,877
+120,454
| +57% | +$3.34M |
|
885
Gates Industrial Corp
GTES
$6.59B
| $7.24M | 0.02% |
393,224
-326,581
| -45% | -$6.73M |
|
886
MakeMyTrip
MMYT
$5.67B
| $7.23M | 0.02% |
73,745
+54,722
| +288% | +$5.65M |
|
|
JHG
887
DELISTED
Janus Henderson
JHG
| $7.22M | 0.02% |
199,666
+191,550
| +2,360% | +$7.89M |
|
888
Beam Therapeutics
BEAM
$2.93B
| $7.21M | 0.02% |
369,201
+252,113
| +215% | +$6.6M |
|
|
ORC
889
Orchid Island Capital
ORC
$1.34B
| $7.21M | 0.02% |
958,659
+829,660
| +643% | +$6.82M |
|
890
Progyny
PGNY
$1.95B
| $7.2M | 0.02% |
322,508
-334,768
| -51% | -$7.21M |
|
891
Bloomin' Brands
BLMN
$980M
| $7.2M | 0.02% |
1,004,857
+603,160
| +150% | +$6.39M |
|
892
Dine Brands
DIN
$457M
| $7.17M | 0.02% |
308,077
+21,052
| +7% | +$567K |
|
893
ATI
ATI
$28.6B
| $7.15M | 0.02% |
137,448
-99,502
| -42% | -$5.65M |
|
894
Vistra
VST
$45.5B
| $7.14M | 0.02% |
60,818
+35,540
| +141% | +$5.31M |
|
895
Crescent Energy
CRGY
$4.58B
| $7.1M | 0.02% |
631,648
-870,209
| -58% | -$12M |
|
896
GE Vernova
GEV
$251B
| $7.09M | 0.02% |
+23,238
| New | +$8.1M |
|
897
Penske Automotive Group
PAG
$14.3B
| $7.07M | 0.02% |
49,126
+38,873
| +379% | +$6.23M |
|
898
Winnebago Industries
WGO
$909M
| $7.05M | 0.02% |
204,502
+72,100
| +54% | +$3.06M |
|
899
Edwards Lifesciences
EW
$52.2B
| $7.04M | 0.02% |
97,103
-27,929
| -22% | -$2M |
|
|
LTC
900
LTC Properties
LTC
$2.18B
| $7.03M | 0.02% |
198,336
+31,675
| +19% | +$1.1M |
|
Similar funds
John Overdeck's Q1 2025 Portfolio in Review
As of Q1 2025, John Overdeck held 3,617 positions worth $46.8B, up 2% from $45.9B the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
John Overdeck deployed $2.08B of net new capital in Q1 2025, opening 458 new positions and adding to 1,225 existing holdings. Its largest new stake was Advanced Micro Devices: 2,246,952 shares worth $231M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Eli Lilly, an estimated $255M trimmed.
- John Overdeck's largest Q1 2025 buy was Advanced Micro Devices: 2,246,952 shares worth $231M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $510M increase.
- John Overdeck's biggest Q1 2025 reduction was Eli Lilly, cutting an estimated $255M.
- John Overdeck fully exited Coinbase in Q1 2025, selling an estimated $45M.
- John Overdeck's ten largest holdings make up 8.1% of its $46.8B portfolio in Q1 2025.
- John Overdeck opened 458 new positions and closed 452 in Q1 2025.
- John Overdeck's portfolio value rose 2% quarter-over-quarter to $46.8B.
Based on Two Sigma Investments's 13F filing for Q1 2025, filed 15 May 2025.