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 | |
|---|---|---|---|---|---|---|
1026
Alaska Air
ALK
$4.64B
| $5.52M | 0.01% |
+112,080
| New | +$7.36M |
|
1027
SLR Investment Corp
SLRC
$693M
| $5.5M | 0.01% |
326,065
+70,196
| +27% | +$1.19M |
|
|
HYAC
1028
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $5.5M | 0.01% |
500,000
| – | – |
|
1029
GCM Grosvenor
GCMG
$834M
| $5.49M | 0.01% |
414,818
+116,392
| +39% | +$1.56M |
|
1030
Axsome Therapeutics
AXSM
$10.8B
| $5.48M | 0.01% |
+47,005
| New | +$5.36M |
|
1031
Tootsie Roll Industries
TR
$3.11B
| $5.48M | 0.01% |
179,322
+73,417
| +69% | +$2.19M |
|
1032
Capitol Federal Financial
CFFN
$1.05B
| $5.47M | 0.01% |
977,231
+30,236
| +3% | +$176K |
|
1033
Corebridge Financial
CRBG
$14.2B
| $5.44M | 0.01% |
172,432
-215,459
| -56% | -$6.97M |
|
1034
Starwood Property Trust
STWD
$6.03B
| $5.44M | 0.01% |
+275,174
| New | +$5.41M |
|
|
SVCC
1035
Stellar V Capital Corp
SVCC
$230M
| $5.43M | 0.01% |
+543,750
| New | +$5.43M |
|
1036
CBIZ
CBZ
$2.96B
| $5.43M | 0.01% |
71,556
+30,091
| +73% | +$2.42M |
|
1037
Option Care Health
OPCH
$3.55B
| $5.43M | 0.01% |
155,285
+47,218
| +44% | +$1.48M |
|
1038
Acadia Healthcare
ACHC
$2.67B
| $5.42M | 0.01% |
178,767
-14,130
| -7% | -$538K |
|
1039
CNA Financial
CNA
$13.4B
| $5.42M | 0.01% |
106,645
-47,316
| -31% | -$2.31M |
|
|
DYNC
1040
Dynamix Corp
DYNC
$241M
| $5.41M | 0.01% |
543,750
| – | – |
|
|
CHCT
1041
Community Healthcare Trust
CHCT
$434M
| $5.41M | 0.01% |
297,681
+5,838
| +2% | +$111K |
|
1042
Telefônica Brasil
VIV
$18.3B
| $5.4M | 0.01% |
619,008
-67,784
| -10% | -$581K |
|
1043
iShares US Infrastructure ETF
IFRA
$4.23B
| $5.39M | 0.01% |
+119,500
| New | +$5.57M |
|
1044
PUT
Bitdeer Technologies
BTDR
$2.97B
| $5.37M | 0.01% |
607,900
+198,300
| +48% | +$2.96M |
|
1045
Churchill Downs
CHDN
$6.32B
| $5.35M | 0.01% |
+48,200
| New | +$5.76M |
|
1046
AvePoint
AVPT
$2.8B
| $5.35M | 0.01% |
370,453
+262,261
| +242% | +$4.41M |
|
1047
Universal Insurance Holdings
UVE
$1.21B
| $5.35M | 0.01% |
225,683
+30,112
| +15% | +$621K |
|
1048
Brink's
BCO
$4.65B
| $5.34M | 0.01% |
61,987
+49,339
| +390% | +$4.47M |
|
1049
PUT
PG&E
PCG
$39.9B
| $5.34M | 0.01% |
310,800
| – | – |
|
1050
Excelerate Energy
EE
$1.24B
| $5.34M | 0.01% |
186,176
-34,986
| -16% | -$1.05M |
|
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.