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 | |
|---|---|---|---|---|---|---|
1301
Oceaneering
OII
$5.02B
| $2.13M | 0.01% |
82,941
-528,258
| -86% | -$12.1M |
|
1302
Kinetik
KNTK
$4.4B
| $2.13M | 0.01% |
+63,033
| New | +$2.22M |
|
|
HDSN
1303
Hudson Technologies
HDSN
$232M
| $2.13M | 0.01% |
+159,905
| New | +$1.73M |
|
1304
Guidewire Software
GWRE
$16B
| $2.12M | 0.01% |
23,600
-8
| -0% | -$668 |
|
1305
Western Digital
WDC
$157B
| $2.12M | 0.01% |
61,520
-22,125
| -26% | -$698K |
|
1306
Allison Transmission
ALSN
$10.8B
| $2.12M | 0.01% |
35,900
-44,353
| -55% | -$2.61M |
|
1307
Corpay
CPAY
$27.2B
| $2.12M | 0.01% |
8,300
| – | – |
|
1308
Watsco Inc
WSO
$12.8B
| $2.12M | 0.01% |
5,600
| – | – |
|
1309
Eaton
ETN
$159B
| $2.11M | 0.01% |
9,900
-57,704
| -85% | -$12.4M |
|
1310
Apollo Global Management
APO
$78.4B
| $2.11M | 0.01% |
23,500
+8,781
| +60% | +$738K |
|
1311
CleanSpark
CLSK
$3.06B
| $2.1M | 0.01% |
552,356
+436,855
| +378% | +$2.31M |
|
1312
Parker-Hannifin
PH
$128B
| $2.1M | 0.01% |
5,400
-5,249
| -49% | -$2.11M |
|
1313
Coursera
COUR
$1.59B
| $2.1M | 0.01% |
112,482
-79,100
| -41% | -$1.26M |
|
1314
Cable One
CABO
$130M
| $2.1M | 0.01% |
+3,414
| New | +$2.25M |
|
1315
First Merchants
FRME
$2.63B
| $2.1M | 0.01% |
75,510
-27,306
| -27% | -$818K |
|
1316
JELD-WEN Holding
JELD
$216M
| $2.1M | 0.01% |
157,088
+73,445
| +88% | +$1.15M |
|
1317
e.l.f. Beauty
ELF
$6.25B
| $2.1M | 0.01% |
19,100
| – | – |
|
1318
Enterprise Financial Services Corp
EFSC
$2.3B
| $2.1M | 0.01% |
55,879
+10,912
| +24% | +$435K |
|
1319
Commerce Bancshares
CBSH
$8.41B
| $2.09M | 0.01% |
+50,441
| New | +$2.18M |
|
1320
NetEase
NTES
$78.7B
| $2.08M | 0.01% |
20,804
+4
| +0% | +$410 |
|
1321
Repligen
RGEN
$10.2B
| $2.08M | 0.01% |
13,077
-44,240
| -77% | -$7.23M |
|
1322
Rogers Corp
ROG
$2.19B
| $2.08M | 0.01% |
15,800
+4,900
| +45% | +$731K |
|
1323
IES Holdings
IESC
$12.9B
| $2.08M | 0.01% |
63,014
-18,022
| -22% | -$587K |
|
1324
Central Pacific Financial
CPF
$972M
| $2.07M | 0.01% |
124,365
-12,814
| -9% | -$219K |
|
1325
Range Resources
RRC
$9.64B
| $2.07M | 0.01% |
63,900
| – | – |
|
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.