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 |
Advanced Micro Devices
AMD
|
+$275M |
| 2 |
Netflix
NFLX
|
+$254M |
| 3 |
Microsoft
MSFT
|
+$242M |
| 4 |
Qualcomm
QCOM
|
+$236M |
| 5 |
Starbucks
SBUX
|
+$232M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$236M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$221M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
| 4 |
McDonald's
MCD
|
+$183M |
| 5 |
Union Pacific
UNP
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.08% |
| 2 | Healthcare | 12.88% |
| 3 | Consumer Discretionary | 11.39% |
| 4 | Financials | 10.88% |
| 5 | Industrials | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SBDS
1226
DELISTED
Solo Brands Inc
SBDS
| $2.45M | 0.01% |
11,992
+5,051
| +73% | +$1.1M |
|
|
TRHC
1227
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.44M | 0.01% |
236,667
-17,573
| -7% | -$167K |
|
1228
Ardmore Shipping
ASC
$746M
| $2.44M | 0.01% |
187,418
-129,655
| -41% | -$1.67M |
|
1229
SLR Investment Corp
SLRC
$693M
| $2.43M | 0.01% |
158,127
+76,389
| +93% | +$1.15M |
|
1230
ICICI Bank
IBN
$106B
| $2.42M | 0.01% |
104,808
+35,794
| +52% | +$842K |
|
1231
CION Investment
CION
$363M
| $2.42M | 0.01% |
229,234
+116,873
| +104% | +$1.27M |
|
1232
STAAR Surgical
STAA
$1.17B
| $2.41M | 0.01% |
59,943
-266,774
| -82% | -$12.5M |
|
1233
Tidewater
TDW
$4.62B
| $2.4M | 0.01% |
33,823
-267,937
| -89% | -$16.9M |
|
1234
The Greenbrier Companies
GBX
$1.43B
| $2.4M | 0.01% |
59,964
-50,893
| -46% | -$2.18M |
|
|
REFI
1235
Chicago Atlantic Real Estate Finance
REFI
$276M
| $2.39M | 0.01% |
162,188
-23,357
| -13% | -$353K |
|
|
UCTT
1236
Ultra Clean Holdings
UCTT
$3.3B
| $2.38M | 0.01% |
80,143
+73,143
| +1,045% | +$2.47M |
|
1237
American States Water
AWR
$3.61B
| $2.37M | 0.01% |
30,162
+20,476
| +211% | +$1.74M |
|
1238
Enanta Pharmaceuticals
ENTA
$411M
| $2.37M | 0.01% |
211,969
+182,346
| +616% | +$2.94M |
|
|
TDAY
1239
USA Today Co
TDAY
$941M
| $2.37M | 0.01% |
965,582
+217,849
| +29% | +$602K |
|
1240
Mercury Insurance
MCY
$5.89B
| $2.36M | 0.01% |
84,136
-43,983
| -34% | -$1.3M |
|
|
AVNS
1241
DELISTED
Avanos Medical
AVNS
| $2.36M | 0.01% |
116,627
+104,050
| +827% | +$2.36M |
|
1242
Brookfield Infrastructure Partners
BIP
$17.7B
| $2.36M | 0.01% |
+80,155
| New | +$2.65M |
|
1243
Sensata Technologies
ST
$6.11B
| $2.36M | 0.01% |
62,288
-36,656
| -37% | -$1.48M |
|
1244
Cameco
CCJ
$44.5B
| $2.35M | 0.01% |
59,300
| – | – |
|
1245
Southside Bancshares
SBSI
$956M
| $2.35M | 0.01% |
81,752
-23,482
| -22% | -$699K |
|
1246
iShares MSCI Japan ETF
EWJ
$22.4B
| $2.35M | 0.01% |
38,900
+34,700
| +826% | +$2.14M |
|
|
SHYF
1247
DELISTED
The Shyft Group
SHYF
| $2.35M | 0.01% |
156,663
-43,849
| -22% | -$739K |
|
|
OBE
1248
Obsidian Energy
OBE
$769M
| $2.34M | 0.01% |
285,253
+255,653
| +864% | +$1.79M |
|
1249
Interface
TILE
$2.21B
| $2.34M | 0.01% |
238,647
-70,245
| -23% | -$682K |
|
1250
Intel
INTC
$461B
| $2.34M | 0.01% |
65,700
| – | – |
|
Similar funds
John Overdeck's Q3 2023 Portfolio in Review
As of Q3 2023, John Overdeck held 3,402 positions worth $37.2B, down 6.8% from $39.9B the previous quarter. Its ten largest holdings account for 7% of the portfolio.
John Overdeck withdrew a net $1.95B in Q3 2023, closing 472 positions and reducing 1,183 holdings. Its most notable exit was Etsy, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in Eli Lilly worth $232M.
- John Overdeck's largest Q3 2023 buy was Eli Lilly: 432,734 shares worth $232M.
- John Overdeck added most to Advanced Micro Devices in Q3 2023, an estimated $275M increase.
- John Overdeck's biggest Q3 2023 reduction was Walmart Inc, cutting an estimated $236M.
- John Overdeck fully exited Etsy in Q3 2023, selling an estimated $144M.
- John Overdeck's ten largest holdings make up 7% of its $37.2B portfolio in Q3 2023.
- John Overdeck opened 430 new positions and closed 472 in Q3 2023.
- John Overdeck's portfolio value fell 6.8% quarter-over-quarter to $37.2B.
Based on Two Sigma Investments's 13F filing for Q3 2023, filed 14 Nov 2023.