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 | |
|---|---|---|---|---|---|---|
1201
Boeing
BA
$167B
| $3.91M | 0.01% |
22,900
+6,100
| +36% | +$1.06M |
|
|
PLGO
1202
Pelagos Insurance Capital
PLGO
$2.05B
| $3.9M | 0.01% |
241,040
-366,476
| -60% | -$5.86M |
|
1203
Exelon
EXC
$45.5B
| $3.9M | 0.01% |
84,600
-300,670
| -78% | -$12.6M |
|
1204
FormFactor
FORM
$8.49B
| $3.89M | 0.01% |
137,607
+78,295
| +132% | +$2.88M |
|
1205
Eversource Energy
ES
$26.8B
| $3.89M | 0.01% |
62,587
+2,442
| +4% | +$146K |
|
1206
Genworth Financial
GNW
$3.71B
| $3.88M | 0.01% |
547,899
-279,801
| -34% | -$1.95M |
|
1207
Equity Lifestyle Properties
ELS
$12.7B
| $3.88M | 0.01% |
58,213
+29,413
| +102% | +$1.96M |
|
1208
Bank of N.T. Butterfield & Son
NTB
$2.29B
| $3.88M | 0.01% |
99,653
+29,670
| +42% | +$1.12M |
|
1209
IDT Corp
IDT
$1.71B
| $3.87M | 0.01% |
75,386
+27,782
| +58% | +$1.35M |
|
1210
First Horizon
FHN
$11.6B
| $3.87M | 0.01% |
199,168
-296,067
| -60% | -$6.09M |
|
1211
Imperial Oil
IMO
$64.8B
| $3.86M | 0.01% |
53,387
-38,781
| -42% | -$2.66M |
|
1212
PACS Group
PACS
$6.94B
| $3.86M | 0.01% |
343,475
-416,059
| -55% | -$5.46M |
|
1213
Marten Transport
MRTN
$1.2B
| $3.86M | 0.01% |
281,254
-82,878
| -23% | -$1.23M |
|
1214
iShares US Regional Banks ETF
IAT
$660M
| $3.86M | 0.01% |
+82,700
| New | +$4.15M |
|
|
HTBK
1215
DELISTED
Heritage Commerce
HTBK
| $3.85M | 0.01% |
404,769
-15,474
| -4% | -$152K |
|
|
TXNM
1216
TXNM Energy Inc
TXNM
$5.9B
| $3.85M | 0.01% |
71,964
-130,878
| -65% | -$6.57M |
|
1217
Amerant Bancorp
AMTB
$1.12B
| $3.84M | 0.01% |
186,132
+88,655
| +91% | +$1.97M |
|
1218
TPG
TPG
$8.68B
| $3.84M | 0.01% |
80,974
-60,823
| -43% | -$3.54M |
|
|
MACI
1219
Melar Acquisition Corp I
MACI
$237M
| $3.84M | 0.01% |
375,000
| – | – |
|
1220
Melco Resorts & Entertainment
MLCO
$2.06B
| $3.83M | 0.01% |
727,134
+147,793
| +26% | +$832K |
|
1221
Lufax Holding
LU
$1.17B
| $3.83M | 0.01% |
1,289,889
-656,686
| -34% | -$1.82M |
|
1222
Navient
NAVI
$893M
| $3.83M | 0.01% |
303,204
+173,158
| +133% | +$2.37M |
|
1223
Stellus Capital Investment Corp
SCM
$249M
| $3.82M | 0.01% |
273,070
+7,448
| +3% | +$108K |
|
|
EFC
1224
Ellington Financial
EFC
$1.75B
| $3.82M | 0.01% |
+288,061
| New | +$3.72M |
|
1225
Coca-Cola
KO
$394B
| $3.82M | 0.01% |
53,294
+5,294
| +11% | +$354K |
|
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.