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 |
SLB Ltd
SLB
|
+$230M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$207M |
| 3 |
EA
Electronic Arts
EA
|
+$205M |
| 4 |
Starbucks
SBUX
|
+$171M |
| 5 |
Baidu
BIDU
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$185M |
| 2 |
Elevance Health
ELV
|
+$180M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$169M |
| 4 |
Walt Disney
DIS
|
+$168M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$166M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.51% |
| 2 | Technology | 14.81% |
| 3 | Industrials | 12.21% |
| 4 | Healthcare | 10.11% |
| 5 | Financials | 6.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Lattice Semiconductor
LSCC
$16.2B
| $2.06M | 0.01% |
297,340
-528,437
| -64% | -$3.56M |
|
|
K
1227
PUT
DELISTED
Kellanova
K
| $2.05M | 0.01% |
38,234
+35,039
| +1,097% | +$2.12M |
|
1228
Mercer International
MERC
$26.9M
| $2.05M | 0.01% |
196,099
-56,716
| -22% | -$788K |
|
|
1229
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $2.05M | 0.01% |
71,400
-284,800
| -80% | -$9.53M |
|
1230
CALL
International Paper
IP
$21.7B
| $2.05M | 0.01% |
+53,539
| New | +$2.25M |
|
|
DNR
1231
DELISTED
Denbury Resources, Inc.
DNR
| $2.04M | 0.01% |
1,193,642
-1,572,465
| -57% | -$5.41M |
|
1232
SiteOne Landscape Supply
SITE
$4.16B
| $2.03M | 0.01% |
+36,665
| New | +$2.3M |
|
1233
PUT
Constellation Brands
STZ
$23.5B
| $2.03M | 0.01% |
12,600
-93,100
| -88% | -$18.5M |
|
1234
Intellia Therapeutics
NTLA
$1.76B
| $2.02M | 0.01% |
+148,261
| New | +$2.76M |
|
1235
PUT
Dominion Energy
D
$58.6B
| $2.02M | 0.01% |
28,300
-29,100
| -51% | -$2.13M |
|
1236
Center Bancorp
CNOB
$1.62B
| $2.01M | 0.01% |
109,028
+18,059
| +20% | +$370K |
|
1237
The GEO Group
GEO
$4.24B
| $2.01M | 0.01% |
102,227
-253,064
| -71% | -$5.74M |
|
1238
PUT
Southwest Airlines
LUV
$19.9B
| $2.01M | 0.01% |
43,300
+28,500
| +193% | +$1.51M |
|
1239
Graphic Packaging
GPK
$3.39B
| $2M | 0.01% |
+188,104
| New | +$2.2M |
|
1240
Hercules Capital
HTGC
$3.28B
| $2M | 0.01% |
181,119
-39,901
| -18% | -$487K |
|
1241
Central Pacific Financial
CPF
$972M
| $2M | 0.01% |
81,998
-18,374
| -18% | -$484K |
|
1242
PUT
Charter Communications
CHTR
$17.9B
| $2M | 0.01% |
7,000
-7,500
| -52% | -$2.35M |
|
1243
PUT
iQIYI
IQ
$975M
| $1.99M | 0.01% |
+134,000
| New | +$2.8M |
|
1244
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $1.99M | 0.01% |
+75,900
| New | +$2.29M |
|
1245
Scansource
SCSC
$1.1B
| $1.98M | 0.01% |
57,679
+11,301
| +24% | +$426K |
|
|
HOME
1246
DELISTED
At Home Group Inc.
HOME
| $1.98M | 0.01% |
+106,056
| New | +$2.7M |
|
1247
Atlanta Braves Holdings Series B
BATRK
$3.37B
| $1.97M | 0.01% |
79,128
+70,580
| +826% | +$1.79M |
|
|
CPLG
1248
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $1.96M | 0.01% |
+160,345
| New | +$2.42M |
|
|
WBK
1249
DELISTED
Westpac Banking Corporation
WBK
| $1.95M | 0.01% |
111,843
+39,504
| +55% | +$734K |
|
1250
PUT
Cisco
CSCO
$434B
| $1.95M | 0.01% |
45,000
-346,800
| -89% | -$15.9M |
|
Similar funds
John Overdeck's Q4 2018 Portfolio in Review
As of Q4 2018, John Overdeck held 3,851 positions worth $25.5B, down 30% from $36.7B the previous quarter. Its ten largest holdings account for 6.8% of the portfolio.
John Overdeck withdrew a net $5.25B in Q4 2018, closing 943 positions and reducing 1,216 holdings. Its most notable exit was Elevance Health, an estimated $180M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.
Against the trend, John Overdeck opened a new position in Starbucks worth $176M.
- John Overdeck's largest Q4 2018 buy was Starbucks: 2,727,875 shares worth $176M.
- John Overdeck added most to SLB Ltd in Q4 2018, an estimated $230M increase.
- John Overdeck's biggest Q4 2018 reduction was Procter & Gamble, cutting an estimated $185M.
- John Overdeck fully exited Elevance Health in Q4 2018, selling an estimated $180M.
- John Overdeck's ten largest holdings make up 6.8% of its $25.5B portfolio in Q4 2018.
- John Overdeck opened 729 new positions and closed 943 in Q4 2018.
- John Overdeck's portfolio value fell 30% quarter-over-quarter to $25.5B.
Based on Two Sigma Investments's 13F filing for Q4 2018, filed 14 Feb 2019.