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 | |
|---|---|---|---|---|---|---|
1501
NBT Bancorp
NBTB
$2.67B
| $2.64M | 0.01% |
+61,612
| New | +$2.85M |
|
1502
East-West Bancorp
EWBC
$17.7B
| $2.64M | 0.01% |
29,405
+2,169
| +8% | +$207K |
|
|
QSEAU
1503
Quartzsea Acquisition Corp Units
QSEAU
| $2.64M | 0.01% |
+260,999
| New | +$2.63M |
|
1504
Perrigo
PRGO
$2.01B
| $2.63M | 0.01% |
93,805
-18,776
| -17% | -$487K |
|
1505
Buckle
BKE
$2.25B
| $2.62M | 0.01% |
+68,491
| New | +$2.97M |
|
|
SHOE
1506
Shoe Station Group
SHOE
$389M
| $2.62M | 0.01% |
119,102
+71,313
| +149% | +$1.8M |
|
1507
LGI Homes
LGIH
$1.37B
| $2.62M | 0.01% |
39,379
-23,571
| -37% | -$1.9M |
|
1508
BW LPG
BWLP
$3.77B
| $2.61M | 0.01% |
240,279
+127,261
| +113% | +$1.52M |
|
|
FPI
1509
Farmland Partners
FPI
$448M
| $2.61M | 0.01% |
234,360
+103,561
| +79% | +$1.19M |
|
1510
Southwest Airlines
LUV
$20B
| $2.61M | 0.01% |
77,639
+45,339
| +140% | +$1.44M |
|
1511
Third Coast Bancshares
TCBX
$757M
| $2.61M | 0.01% |
78,079
+16,978
| +28% | +$589K |
|
1512
Hershey
HSY
$37.6B
| $2.6M | 0.01% |
15,200
+6,210
| +69% | +$1.02M |
|
1513
National Grid
NGG
$81.6B
| $2.6M | 0.01% |
41,346
+36,022
| +677% | +$2.12M |
|
|
CALY
1514
Callaway Golf Company
CALY
$2.76B
| $2.6M | 0.01% |
+394,000
| New | +$2.89M |
|
|
RFAI
1515
RF Acquisition Corp II
RFAI
$426M
| $2.59M | 0.01% |
250,000
| – | – |
|
1516
3D Systems Corp
DDD
$535M
| $2.59M | 0.01% |
1,220,271
-271,800
| -18% | -$924K |
|
1517
Varex Imaging
VREX
$780M
| $2.58M | 0.01% |
222,830
+79,411
| +55% | +$1.05M |
|
1518
Universal Corp
UVV
$1.14B
| $2.58M | 0.01% |
46,016
+13,851
| +43% | +$738K |
|
|
TWFG
1519
TWFG Inc
TWFG
$401M
| $2.57M | 0.01% |
83,278
-4,298
| -5% | -$129K |
|
1520
Employers Holdings
EIG
$876M
| $2.57M | 0.01% |
50,753
-7,287
| -13% | -$362K |
|
|
OPRA
1521
Opera Ltd
OPRA
$1.73B
| $2.56M | 0.01% |
160,852
-182,932
| -53% | -$3.39M |
|
1522
First Community Corp
FCCO
$320M
| $2.56M | 0.01% |
113,600
+74,083
| +187% | +$1.8M |
|
1523
Community Trust Bancorp
CTBI
$1.39B
| $2.55M | 0.01% |
50,666
+27,950
| +123% | +$1.48M |
|
1524
Hanmi Financial
HAFC
$918M
| $2.55M | 0.01% |
112,566
-5,180
| -4% | -$120K |
|
1525
AbbVie
ABBV
$470B
| $2.54M | 0.01% |
12,118
+6,418
| +113% | +$1.25M |
|
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.