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 |
Alphabet (Google) Class A
GOOGL
|
+$254M |
| 2 |
Bank of America
BAC
|
+$228M |
| 3 |
KLA
KLAC
|
+$205M |
| 4 |
TSMC
TSM
|
+$191M |
| 5 |
CVS Health
CVS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.06B |
| 2 |
Meta Platforms (Facebook)
META
|
+$254M |
| 3 |
Goldman Sachs
GS
|
+$237M |
| 4 |
Amazon
AMZN
|
+$229M |
| 5 |
PayPal
PYPL
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.63% |
| 2 | Healthcare | 13.66% |
| 3 | Financials | 12.92% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Zoom
ZM
$31.5B
| $109M | 0.24% |
1,556,080
+1,552,674
| +45,586% | +$97.1M |
|
102
Ecolab
ECL
$78.9B
| $107M | 0.24% |
420,344
+113,340
| +37% | +$27.7M |
|
103
monday.com
MNDY
$3.84B
| $106M | 0.23% |
381,982
-48,865
| -11% | -$12.1M |
|
104
Ferguson
FERG
$46.9B
| $104M | 0.23% |
522,118
+485,743
| +1,335% | +$98.4M |
|
105
Cboe Global Markets
CBOE
$31.4B
| $103M | 0.23% |
502,009
-30,319
| -6% | -$5.96M |
|
106
KraneShares CSI China Internet ETF
KWEB
$5.28B
| $103M | 0.23% |
3,020,890
+2,420,890
| +403% | +$65.1M |
|
107
Adobe
ADBE
$109B
| $103M | 0.22% |
198,011
+168,479
| +570% | +$92.4M |
|
108
Motorola Solutions
MSI
$79.5B
| $100M | 0.22% |
222,805
-90,884
| -29% | -$37.9M |
|
109
Ross Stores
ROST
$76.7B
| $99.5M | 0.22% |
660,767
+137,344
| +26% | +$20.3M |
|
110
Boston Scientific
BSX
$73B
| $96.6M | 0.21% |
1,153,124
-701,161
| -38% | -$55.3M |
|
111
FTAI Aviation
FTAI
$21.5B
| $96.3M | 0.21% |
724,483
+3,208
| +0.4% | +$364K |
|
112
iShares US Technology ETF
IYW
$24.9B
| $94M | 0.21% |
620,100
+239,600
| +63% | +$35.2M |
|
113
Freeport-McMoran
FCX
$110B
| $93.9M | 0.21% |
1,881,891
-2,797,062
| -60% | -$126M |
|
114
Western Digital
WDC
$166B
| $93.2M | 0.2% |
1,806,279
-550,464
| -23% | -$27.8M |
|
115
Schwab US Dividend Equity ETF
SCHD
$111B
| $92M | 0.2% |
3,264,000
+2,815,500
| +628% | +$76.7M |
|
116
IQVIA
IQV
$42.8B
| $91.7M | 0.2% |
387,046
+63,133
| +19% | +$14.9M |
|
|
GAP
117
The Gap Inc
GAP
$7.13B
| $91M | 0.2% |
4,126,803
-1,803,120
| -30% | -$40M |
|
118
VanEck Gold Miners ETF
GDX
$31.8B
| $90.9M | 0.2% |
2,283,400
-1,034,980
| -31% | -$39.2M |
|
119
Kroger
KR
$35.5B
| $90.6M | 0.2% |
1,581,141
-36,958
| -2% | -$1.98M |
|
120
CSX Corp
CSX
$95.6B
| $90.5M | 0.2% |
2,621,809
+1,016,557
| +63% | +$34.5M |
|
121
Enphase Energy
ENPH
$5.1B
| $89.9M | 0.2% |
795,652
+427,096
| +116% | +$47.7M |
|
122
Union Pacific
UNP
$183B
| $89.1M | 0.2% |
361,452
-563,666
| -61% | -$137M |
|
123
Moody's
MCO
$87.2B
| $88M | 0.19% |
185,401
+36,518
| +25% | +$16.9M |
|
|
SPYM
124
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $87.8M | 0.19% |
1,300,400
-834,100
| -39% | -$54.2M |
|
|
NEE.PRS
125
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.09B
| $86M | 0.19% |
1,551,487
+76,487
| +5% | +$4.02M |
|
Similar funds
John Overdeck's Q3 2024 Portfolio in Review
As of Q3 2024, John Overdeck held 3,433 positions worth $45.6B, up 3.9% from $43.9B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $1.83B in Q3 2024, closing 348 positions and reducing 1,306 holdings. Its most notable exit was Intel, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Overdeck opened a new position in Bank of America worth $226M.
- John Overdeck's largest Q3 2024 buy was Bank of America: 5,683,991 shares worth $226M.
- John Overdeck added most to Alphabet (Google) Class A in Q3 2024, an estimated $254M increase.
- John Overdeck's biggest Q3 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.06B.
- John Overdeck fully exited Intel in Q3 2024, selling an estimated $161M.
- John Overdeck's ten largest holdings make up 6.6% of its $45.6B portfolio in Q3 2024.
- John Overdeck opened 444 new positions and closed 348 in Q3 2024.
- John Overdeck's portfolio value rose 3.9% quarter-over-quarter to $45.6B.
Based on Two Sigma Investments's 13F filing for Q3 2024, filed 14 Nov 2024.