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 Financial Select Sector SPDR ETF
XLF
|
+$474M |
| 2 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$357M |
| 3 |
Accenture
ACN
|
+$246M |
| 4 |
Advanced Micro Devices
AMD
|
+$235M |
| 5 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$381M |
| 2 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$375M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$348M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$292M |
| 5 |
Snowflake
SNOW
|
+$258M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.18% |
| 2 | Financials | 15.54% |
| 3 | Industrials | 10.5% |
| 4 | Healthcare | 9.8% |
| 5 | Consumer Discretionary | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Seneca Foods Class A
SENEA
$1.28B
| $5.56M | 0.01% |
51,489
+9,014
| +21% | +$954K |
|
1302
LeMaitre Vascular
LMAT
$1.83B
| $5.55M | 0.01% |
63,471
+21,306
| +51% | +$1.9M |
|
|
DAAQ
1303
Digital Asset Acquisition Corp
DAAQ
$240M
| $5.54M | 0.01% |
543,750
| – | – |
|
1304
Carriage Services
CSV
$549M
| $5.53M | 0.01% |
124,267
+39,785
| +47% | +$1.8M |
|
1305
CAVA Group
CAVA
$8.4B
| $5.52M | 0.01% |
91,403
-259,478
| -74% | -$19.7M |
|
1306
Xtrackers S&P 500 ESG ETF
SNPE
$2.93B
| $5.52M | 0.01% |
91,900
-215,300
| -70% | -$12.4M |
|
|
RAAQ
1307
DELISTED
Real Asset Acquisition Corp
RAAQ
| $5.51M | 0.01% |
543,750
| – | – |
|
|
GTERA
1308
Globa Terra Acquisition Corp
GTERA
$247M
| $5.51M | 0.01% |
+551,616
| New | +$5.5M |
|
1309
Editas Medicine
EDIT
$461M
| $5.5M | 0.01% |
1,584,155
+614,229
| +63% | +$1.71M |
|
1310
Morgan Stanley Direct Lending Fund
MSDL
$1.29B
| $5.49M | 0.01% |
341,312
+188,113
| +123% | +$3.43M |
|
1311
TC Energy
TRP
$64.7B
| $5.48M | 0.01% |
100,759
-807,109
| -89% | -$40.5M |
|
|
KKR.PRD
1312
KKR & Co 6.25% Series D Preferred Stock
KKR.PRD
$2.37B
| $5.47M | 0.01% |
104,457
-46,274
| -31% | -$2.6M |
|
1313
Live Oak Bancshares
LOB
$1.87B
| $5.47M | 0.01% |
155,173
+112,949
| +267% | +$3.89M |
|
|
PMTR
1314
Perimeter Acquisition Corp I
PMTR
$321M
| $5.46M | 0.01% |
537,309
| – | – |
|
1315
Glaukos
GKOS
$11B
| $5.46M | 0.01% |
+66,939
| New | +$6.15M |
|
1316
Kraft Heinz
KHC
$30.4B
| $5.45M | 0.01% |
209,252
+130,251
| +165% | +$3.54M |
|
|
EGHA
1317
EGH Acquisition Corp
EGHA
$213M
| $5.45M | 0.01% |
+543,750
| New | +$5.45M |
|
1318
Barings BDC
BBDC
$989M
| $5.44M | 0.01% |
621,196
+58,634
| +10% | +$552K |
|
1319
CALL
Robinhood
HOOD
$93.2B
| $5.44M | 0.01% |
+38,000
| New | +$4.14M |
|
|
MKLYU
1320
McKinley Acquisition Corp Units
MKLYU
$159M
| $5.43M | 0.01% |
+543,750
| New | +$5.43M |
|
1321
Horizon Bancorp
HBNC
$1.01B
| $5.43M | 0.01% |
339,179
+182,817
| +117% | +$2.93M |
|
|
LATAU
1322
Galata Acquisition Corp. II Units
LATAU
$153M
| $5.43M | 0.01% |
+543,750
| New | +$5.43M |
|
1323
BlackRock TCP Capital
TCPC
$342M
| $5.42M | 0.01% |
874,972
+162,651
| +23% | +$1.17M |
|
1324
Microvast
MVST
$298M
| $5.42M | 0.01% |
1,406,656
-242,216
| -15% | -$757K |
|
|
INFA
1325
DELISTED
Informatica
INFA
| $5.41M | 0.01% |
217,992
| – | – |
|
Similar funds
John Overdeck's Q3 2025 Portfolio in Review
As of Q3 2025, John Overdeck held 4,027 positions worth $67.2B, up 19% from $56.5B the previous quarter. Its ten largest holdings account for 6.2% of the portfolio.
John Overdeck deployed $4.46B of net new capital in Q3 2025, opening 877 new positions and adding to 1,461 existing holdings. Its largest new stake was Berkshire Hathaway Class B: 379,096 shares worth $191M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $381M trimmed.
- John Overdeck's largest Q3 2025 buy was Berkshire Hathaway Class B: 379,096 shares worth $191M.
- John Overdeck added most to State Street Financial Select Sector SPDR ETF in Q3 2025, an estimated $474M increase.
- John Overdeck's biggest Q3 2025 reduction was Invesco QQQ Trust, cutting an estimated $381M.
- John Overdeck fully exited NextEra Energy, Inc. 6.926% Corporate Units in Q3 2025, selling an estimated $115M.
- John Overdeck's ten largest holdings make up 6.2% of its $67.2B portfolio in Q3 2025.
- John Overdeck opened 877 new positions and closed 399 in Q3 2025.
- John Overdeck's portfolio value rose 19% quarter-over-quarter to $67.2B.
Based on Two Sigma Investments's 13F filing for Q3 2025, filed 14 Nov 2025.