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 |
Intel
INTC
|
+$267M |
| 2 |
Amazon
AMZN
|
+$243M |
| 3 |
Applied Materials
AMAT
|
+$242M |
| 4 |
Airbnb
ABNB
|
+$221M |
| 5 |
Meta Platforms (Facebook)
META
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$262M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$259M |
| 3 |
Wells Fargo
WFC
|
+$238M |
| 4 |
Broadcom
AVGO
|
+$233M |
| 5 |
Applovin
APP
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.95% |
| 2 | Healthcare | 13.56% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.22% |
| 5 | Industrials | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRA
1476
DELISTED
ProAssurance
PRA
| $2.6M | 0.01% |
163,298
-59,265
| -27% | -$943K |
|
|
ARIS
1477
DELISTED
Aris Water Solutions
ARIS
| $2.59M | 0.01% |
108,328
+73,772
| +213% | +$1.6M |
|
1478
Argan
AGX
$6.36B
| $2.59M | 0.01% |
18,926
-6,936
| -27% | -$953K |
|
1479
Cameco
CCJ
$47.1B
| $2.59M | 0.01% |
50,438
+238
| +0.5% | +$13K |
|
|
CEP
1480
DELISTED
Cantor Equity Partners
CEP
| $2.59M | 0.01% |
250,000
| – | – |
|
1481
New Fortress Energy
NFE
$81.1M
| $2.58M | 0.01% |
170,852
+111,300
| +187% | +$1.15M |
|
1482
Replimune Group
REPL
$1.5B
| $2.57M | 0.01% |
212,586
+33,346
| +19% | +$405K |
|
1483
Vishay Intertechnology
VSH
$4.67B
| $2.57M | 0.01% |
151,960
+98,120
| +182% | +$1.72M |
|
1484
SM Energy
SM
$8.45B
| $2.57M | 0.01% |
66,383
-126,742
| -66% | -$5.35M |
|
1485
Nuveen Churchill Direct Lending
NCDL
$606M
| $2.57M | 0.01% |
153,150
+108,677
| +244% | +$1.86M |
|
1486
Bank of N.T. Butterfield & Son
NTB
$2.31B
| $2.56M | 0.01% |
69,983
+12,349
| +21% | +$462K |
|
|
RFAI
1487
RF Acquisition Corp II
RFAI
$413M
| $2.56M | 0.01% |
250,000
| – | – |
|
1488
Invesco NASDAQ Internet ETF
PNQI
$544M
| $2.55M | 0.01% |
+54,700
| New | +$2.51M |
|
|
INN
1489
Summit Hotel Properties
INN
$649M
| $2.55M | 0.01% |
371,666
+81,917
| +28% | +$538K |
|
1490
Nurix Therapeutics
NRIX
$2.78B
| $2.54M | 0.01% |
135,084
+84,375
| +166% | +$1.93M |
|
1491
Teekay Tankers
TNK
$2.89B
| $2.54M | 0.01% |
63,900
-105,933
| -62% | -$4.91M |
|
1492
Snap-on
SNA
$20.6B
| $2.54M | 0.01% |
7,489
-18,437
| -71% | -$6.22M |
|
1493
Cummins
CMI
$79.8B
| $2.54M | 0.01% |
7,287
-12,282
| -63% | -$4.31M |
|
1494
MediaAlpha
MAX
$771M
| $2.53M | 0.01% |
224,198
-51,030
| -19% | -$734K |
|
1495
Trade Desk
TTD
$6.13B
| $2.53M | 0.01% |
21,500
| – | – |
|
1496
TD Synnex
SNX
$20.5B
| $2.53M | 0.01% |
21,530
-358,171
| -94% | -$42.9M |
|
1497
Methanex
MEOH
$4.41B
| $2.52M | 0.01% |
+50,476
| New | +$2.22M |
|
1498
Heritage Insurance Holdings
HRTG
$1.02B
| $2.52M | 0.01% |
208,045
-88,098
| -30% | -$1.02M |
|
1499
Westamerica Bancorp
WABC
$1.34B
| $2.52M | 0.01% |
47,980
-11,338
| -19% | -$607K |
|
1500
Central Pacific Financial
CPF
$979M
| $2.52M | 0.01% |
86,641
-6,332
| -7% | -$188K |
|
Similar funds
John Overdeck's Q4 2024 Portfolio in Review
As of Q4 2024, John Overdeck held 3,590 positions worth $45.9B, up 0.48% from $45.6B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
John Overdeck withdrew a net $1.69B in Q4 2024, closing 427 positions and reducing 1,388 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $184M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 18% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Overdeck opened a new position in Intel worth $237M.
- John Overdeck's largest Q4 2024 buy was Intel: 11,843,258 shares worth $237M.
- John Overdeck added most to Amazon in Q4 2024, an estimated $243M increase.
- John Overdeck's biggest Q4 2024 reduction was Micron Technology, cutting an estimated $262M.
- John Overdeck fully exited iShares MSCI Emerging Markets ETF in Q4 2024, selling an estimated $184M.
- John Overdeck's ten largest holdings make up 7.2% of its $45.9B portfolio in Q4 2024.
- John Overdeck opened 477 new positions and closed 427 in Q4 2024.
- John Overdeck's portfolio value rose 0.48% quarter-over-quarter to $45.9B.
Based on Two Sigma Investments's 13F filing for Q4 2024, filed 14 Feb 2025.