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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$510M |
| 2 |
Broadcom
AVGO
|
+$318M |
| 3 |
Marvell Technology
MRVL
|
+$290M |
| 4 |
Salesforce
CRM
|
+$263M |
| 5 |
Advanced Micro Devices
AMD
|
+$250M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$255M |
| 2 |
Progressive
PGR
|
+$244M |
| 3 |
Visa
V
|
+$238M |
| 4 |
Lam Research
LRCX
|
+$201M |
| 5 |
Elevance Health
ELV
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.88% |
| 2 | Healthcare | 13.28% |
| 3 | Financials | 10.32% |
| 4 | Industrials | 9.79% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Helios Technologies
HLIO
$2.45B
| $3.39M | 0.01% |
105,697
-10,753
| -9% | -$433K |
|
1302
Northwest Bancshares
NWBI
$2.24B
| $3.39M | 0.01% |
282,166
+180,885
| +179% | +$2.29M |
|
1303
Boyd Gaming
BYD
$5.88B
| $3.39M | 0.01% |
51,479
+38,265
| +290% | +$2.81M |
|
1304
Zillow
ZG
$8.44B
| $3.39M | 0.01% |
50,640
+9,796
| +24% | +$724K |
|
1305
KKR & Co
KKR
$96.5B
| $3.38M | 0.01% |
29,279
-279
| -0.9% | -$38.4K |
|
1306
Ocular Therapeutix
OCUL
$2.42B
| $3.38M | 0.01% |
461,230
+208,291
| +82% | +$1.6M |
|
|
HDSN
1307
Hudson Technologies
HDSN
$231M
| $3.38M | 0.01% |
547,096
+185,118
| +51% | +$1.09M |
|
1308
Blackstone Mortgage Trust
BXMT
$2.37B
| $3.36M | 0.01% |
168,101
+96,038
| +133% | +$1.86M |
|
1309
Toronto Dominion Bank
TD
$196B
| $3.36M | 0.01% |
56,000
-665,312
| -92% | -$38.7M |
|
|
1310
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$821B
| $3.36M | 0.01% |
6,000
-500,300
| -99% | -$294M |
|
|
1311
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$821B
| $3.36M | 0.01% |
6,000
-500,300
| -99% | -$294M |
|
|
BDN
1312
Brandywine Realty Trust
BDN
$560M
| $3.35M | 0.01% |
751,131
-13,776
| -2% | -$68.2K |
|
|
RANG
1313
Range Capital Acquisition Corp
RANG
| $3.34M | 0.01% |
+332,291
| New | +$3.32M |
|
|
ARR
1314
Armour Residential REIT
ARR
$2.31B
| $3.34M | 0.01% |
195,071
+154,832
| +385% | +$2.89M |
|
1315
HUB Group
HUBG
$2.39B
| $3.33M | 0.01% |
89,599
-24,818
| -22% | -$1.03M |
|
1316
Northeast Bank
NBN
$1.1B
| $3.32M | 0.01% |
36,309
+23,432
| +182% | +$2.29M |
|
1317
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.8B
| $3.32M | 0.01% |
+17,800
| New | +$3.52M |
|
1318
Korn Ferry
KFY
$4.33B
| $3.31M | 0.01% |
48,838
+25,227
| +107% | +$1.7M |
|
|
SILA
1319
DELISTED
Sila Realty Trust
SILA
| $3.31M | 0.01% |
123,791
+89,467
| +261% | +$2.23M |
|
1320
1st Source
SRCE
$2.07B
| $3.3M | 0.01% |
55,172
+16,389
| +42% | +$1.01M |
|
1321
COPT Defense Properties
CDP
$4.24B
| $3.3M | 0.01% |
120,916
+76,507
| +172% | +$2.16M |
|
1322
Moog Inc Class A
MOG.A
$11.9B
| $3.29M | 0.01% |
+19,007
| New | +$3.5M |
|
1323
WisdomTree US SmallCap Dividend Fund
DES
$2.2B
| $3.29M | 0.01% |
102,800
+4,700
| +5% | +$158K |
|
1324
Miller Industries
MLR
$643M
| $3.27M | 0.01% |
77,288
+63,948
| +479% | +$3.72M |
|
1325
GATX Corp
GATX
$6.31B
| $3.27M | 0.01% |
21,078
-8,279
| -28% | -$1.32M |
|
Similar funds
John Overdeck's Q1 2025 Portfolio in Review
As of Q1 2025, John Overdeck held 3,617 positions worth $46.8B, up 2% from $45.9B the previous quarter. Its ten largest holdings account for 8.1% of the portfolio.
John Overdeck deployed $2.08B of net new capital in Q1 2025, opening 458 new positions and adding to 1,225 existing holdings. Its largest new stake was Advanced Micro Devices: 2,246,952 shares worth $231M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Eli Lilly, an estimated $255M trimmed.
- John Overdeck's largest Q1 2025 buy was Advanced Micro Devices: 2,246,952 shares worth $231M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $510M increase.
- John Overdeck's biggest Q1 2025 reduction was Eli Lilly, cutting an estimated $255M.
- John Overdeck fully exited Coinbase in Q1 2025, selling an estimated $45M.
- John Overdeck's ten largest holdings make up 8.1% of its $46.8B portfolio in Q1 2025.
- John Overdeck opened 458 new positions and closed 452 in Q1 2025.
- John Overdeck's portfolio value rose 2% quarter-over-quarter to $46.8B.
Based on Two Sigma Investments's 13F filing for Q1 2025, filed 15 May 2025.