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 |
Johnson & Johnson
JNJ
|
+$173M |
| 2 |
Costco
COST
|
+$166M |
| 3 |
Oracle
ORCL
|
+$156M |
| 4 |
Home Depot
HD
|
+$151M |
| 5 |
Caterpillar
CAT
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$178M |
| 2 |
Ulta Beauty
ULTA
|
+$146M |
| 3 |
Palo Alto Networks
PANW
|
+$137M |
| 4 |
Ovintiv
OVV
|
+$132M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.86% |
| 2 | Consumer Discretionary | 14.49% |
| 3 | Healthcare | 10.19% |
| 4 | Industrials | 10.01% |
| 5 | Financials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RDS.A
101
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $71M | 0.24% |
1,091,814
+372,997
| +52% | +$23.8M |
|
102
Mercado Libre
MELI
$97.5B
| $70.6M | 0.24% |
115,444
+73,655
| +176% | +$41M |
|
103
Weyerhaeuser
WY
$17.6B
| $70M | 0.23% |
2,657,081
+1,363,197
| +105% | +$34.6M |
|
|
104
Chipotle Mexican Grill
CMG
$46.7B
| $69.6M | 0.23% |
4,746,100
-8,765,650
| -65% | -$124M |
|
105
Regions Financial
RF
$25.9B
| $69M | 0.23% |
4,618,162
+668,566
| +17% | +$9.87M |
|
106
LyondellBasell Industries
LYB
$21.8B
| $67.6M | 0.23% |
785,379
+126,276
| +19% | +$10.8M |
|
|
DNKN
107
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $67.3M | 0.23% |
844,483
+577,154
| +216% | +$43.9M |
|
108
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $67.1M | 0.22% |
866,135
+528,764
| +157% | +$40.2M |
|
109
Ally Financial
ALLY
$13.1B
| $67M | 0.22% |
2,160,830
+1,509,454
| +232% | +$44.5M |
|
110
Vail Resorts
MTN
$5.45B
| $66.1M | 0.22% |
296,164
+64,550
| +28% | +$14.3M |
|
111
PUT
Amazon
AMZN
$2.79T
| $66.1M | 0.22% |
698,000
+38,000
| +6% | +$3.54M |
|
112
Canadian Pacific Kansas City
CP
$85B
| $64.9M | 0.22% |
1,378,395
-785,640
| -36% | -$35.1M |
|
113
Baxter International
BAX
$13.6B
| $64.5M | 0.22% |
787,995
-147,555
| -16% | -$11.5M |
|
|
ZEN
114
DELISTED
ZENDESK INC
ZEN
| $63.8M | 0.21% |
716,531
+13,796
| +2% | +$1.19M |
|
115
Adobe
ADBE
$109B
| $62.4M | 0.21% |
211,919
+200,196
| +1,708% | +$55.6M |
|
116
CALL
Tesla
TSLA
$1.43T
| $61.9M | 0.21% |
4,155,000
+3,960,000
| +2,031% | +$61.6M |
|
117
Wendy's
WEN
$1.72B
| $60.9M | 0.2% |
3,109,610
-979,474
| -24% | -$18.4M |
|
118
Honeywell
HON
$68.4B
| $60.4M | 0.2% |
367,099
-274,503
| -43% | -$43.7M |
|
119
Annaly Capital Management
NLY
$17.5B
| $60.4M | 0.2% |
1,653,951
-1,236,216
| -43% | -$47.1M |
|
|
NLSN
120
DELISTED
Nielsen Holdings plc
NLSN
| $60.1M | 0.2% |
2,657,762
+37,710
| +1% | +$911K |
|
121
VICI Properties
VICI
$29.2B
| $60.1M | 0.2% |
2,724,927
+781,253
| +40% | +$17.4M |
|
122
Rogers Communications
RCI
$19.6B
| $59.2M | 0.2% |
1,106,726
-243,556
| -18% | -$12.7M |
|
123
Enbridge
ENB
$110B
| $59.1M | 0.2% |
1,639,187
+1,211,351
| +283% | +$44.1M |
|
124
Allstate
ALL
$64.2B
| $59.1M | 0.2% |
581,490
-654,849
| -53% | -$64M |
|
125
Flex
FLEX
$40.8B
| $58.9M | 0.2% |
8,160,371
-398,982
| -5% | -$3.07M |
|
Similar funds
John Overdeck's Q2 2019 Portfolio in Review
As of Q2 2019, John Overdeck held 3,889 positions worth $29.9B, down 3.1% from $30.8B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $1.42B in Q2 2019, closing 616 positions and reducing 1,214 holdings. Its most notable exit was Palo Alto Networks, an estimated $137M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, John Overdeck opened a new position in Costco worth $176M.
- John Overdeck's largest Q2 2019 buy was Costco: 664,506 shares worth $176M.
- John Overdeck added most to Johnson & Johnson in Q2 2019, an estimated $173M increase.
- John Overdeck's biggest Q2 2019 reduction was Citigroup, cutting an estimated $178M.
- John Overdeck fully exited Palo Alto Networks in Q2 2019, selling an estimated $137M.
- John Overdeck's ten largest holdings make up 6.6% of its $29.9B portfolio in Q2 2019.
- John Overdeck opened 921 new positions and closed 616 in Q2 2019.
- John Overdeck's portfolio value fell 3.1% quarter-over-quarter to $29.9B.
Based on Two Sigma Investments's 13F filing for Q2 2019, filed 14 Aug 2019.