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 |
SLB Ltd
SLB
|
+$230M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$207M |
| 3 |
EA
Electronic Arts
EA
|
+$205M |
| 4 |
Starbucks
SBUX
|
+$171M |
| 5 |
Baidu
BIDU
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$185M |
| 2 |
Elevance Health
ELV
|
+$180M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$169M |
| 4 |
Walt Disney
DIS
|
+$168M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$166M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.51% |
| 2 | Technology | 14.81% |
| 3 | Industrials | 12.21% |
| 4 | Healthcare | 10.11% |
| 5 | Financials | 6.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
Century Aluminum
CENX
$4.4B
| $966K | ﹤0.01% |
+132,086
| New | +$1.2M |
|
1677
Apollo Global Management
APO
$78.1B
| $964K | ﹤0.01% |
39,287
+1,733
| +5% | +$49.7K |
|
1678
CALL
Williams-Sonoma
WSM
$27.7B
| $964K | ﹤0.01% |
+38,200
| New | +$1.09M |
|
1679
CALL
Eaton
ETN
$160B
| $961K | ﹤0.01% |
14,000
-17,900
| -56% | -$1.34M |
|
1680
EastGroup Properties
EGP
$10.8B
| $958K | ﹤0.01% |
10,439
-10,998
| -51% | -$1.06M |
|
1681
PUT
Best Buy
BBY
$18B
| $953K | ﹤0.01% |
18,000
-35,100
| -66% | -$2.29M |
|
|
CASA
1682
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $953K | ﹤0.01% |
72,598
-540,026
| -88% | -$7.75M |
|
|
CTT
1683
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $953K | ﹤0.01% |
+134,293
| New | +$1.2M |
|
1684
McCormick & Company Non-Voting
MKC
$14.7B
| $952K | ﹤0.01% |
+13,668
| New | +$980K |
|
1685
Mitsubishi UFJ Financial
MUFG
$250B
| $952K | ﹤0.01% |
195,543
+176,079
| +905% | +$997K |
|
1686
CorVel
CRVL
$3.52B
| $950K | ﹤0.01% |
46,182
+19,821
| +75% | +$404K |
|
1687
PUT
Phillips 66
PSX
$95.8B
| $948K | ﹤0.01% |
11,000
| – | – |
|
1688
CALL
PNC Financial Services
PNC
$97.3B
| $947K | ﹤0.01% |
8,100
+3,100
| +62% | +$396K |
|
|
HPR
1689
DELISTED
HighPoint Resources Corporation
HPR
| $947K | ﹤0.01% |
7,605
+6,632
| +682% | +$1.22M |
|
1690
Sterling Infrastructure
STRL
$15B
| $946K | ﹤0.01% |
86,886
-30,414
| -26% | -$370K |
|
1691
PUT
Mondelez International
MDLZ
$80.9B
| $945K | ﹤0.01% |
23,600
+14,800
| +168% | +$631K |
|
1692
Greif
GEF
$4.85B
| $944K | ﹤0.01% |
25,446
+12,537
| +97% | +$587K |
|
1693
CALL
Molson Coors Class B
TAP
$7.87B
| $943K | ﹤0.01% |
16,800
-15,100
| -47% | -$930K |
|
1694
CALL
Crown Holdings
CCK
$13B
| $939K | ﹤0.01% |
+22,600
| New | +$1.04M |
|
|
AMR
1695
DELISTED
Alta Mesa Resources Inc
AMR
| $934K | ﹤0.01% |
+933,962
| New | +$2.36M |
|
1696
Extreme Networks
EXTR
$2.96B
| $930K | ﹤0.01% |
+152,386
| New | +$884K |
|
1697
Stanley Black & Decker
SWK
$14.8B
| $927K | ﹤0.01% |
+7,745
| New | +$967K |
|
1698
PUT
Visa
V
$713B
| $924K | ﹤0.01% |
7,000
-25,000
| -78% | -$3.45M |
|
|
BRS
1699
DELISTED
Bristow Group, Inc.
BRS
| $924K | ﹤0.01% |
+380,351
| New | +$2.88M |
|
1700
Veeco
VECO
$2.91B
| $922K | ﹤0.01% |
124,389
+82,553
| +197% | +$706K |
|
Similar funds
John Overdeck's Q4 2018 Portfolio in Review
As of Q4 2018, John Overdeck held 3,851 positions worth $25.5B, down 30% from $36.7B the previous quarter. Its ten largest holdings account for 6.8% of the portfolio.
John Overdeck withdrew a net $5.25B in Q4 2018, closing 943 positions and reducing 1,216 holdings. Its most notable exit was Elevance Health, an estimated $180M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.
Against the trend, John Overdeck opened a new position in Starbucks worth $176M.
- John Overdeck's largest Q4 2018 buy was Starbucks: 2,727,875 shares worth $176M.
- John Overdeck added most to SLB Ltd in Q4 2018, an estimated $230M increase.
- John Overdeck's biggest Q4 2018 reduction was Procter & Gamble, cutting an estimated $185M.
- John Overdeck fully exited Elevance Health in Q4 2018, selling an estimated $180M.
- John Overdeck's ten largest holdings make up 6.8% of its $25.5B portfolio in Q4 2018.
- John Overdeck opened 729 new positions and closed 943 in Q4 2018.
- John Overdeck's portfolio value fell 30% quarter-over-quarter to $25.5B.
Based on Two Sigma Investments's 13F filing for Q4 2018, filed 14 Feb 2019.