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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$153M |
| 2 |
Target
TGT
|
+$106M |
| 3 |
Altria Group
MO
|
+$74.3M |
| 4 |
Coca-Cola
KO
|
+$70.3M |
| 5 |
Procter & Gamble
PG
|
+$62.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
eBay
EBAY
|
+$233M |
| 2 |
McDonald's
MCD
|
+$214M |
| 3 |
Autodesk
ADSK
|
+$196M |
| 4 |
Johnson & Johnson
JNJ
|
+$193M |
| 5 |
HP
HPQ
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.18% |
| 2 | Technology | 11.08% |
| 3 | Consumer Discretionary | 11.06% |
| 4 | Consumer Staples | 8.4% |
| 5 | Financials | 6.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BFX
1726
DELISTED
BowFlex Inc.
BFX
| $673K | 0.01% |
257,971
-147,692
| -36% | -$404K |
|
1727
Globe Life
GL
$13.2B
| $672K | 0.01% |
+9,335
| New | +$880K |
|
|
SCHW
1728
PUT
Charles Schwab
SCHW
$194B
| $672K | 0.01% |
20,000
-6,700
| -25% | -$281K |
|
1729
Aegon
AEG
$13.6B
| $671K | 0.01% |
291,959
-246,667
| -46% | -$822K |
|
|
EA
1730
CALL
DELISTED
Electronic Arts
EA
| $671K | 0.01% |
6,700
-35,600
| -84% | -$3.75M |
|
1731
TriplePoint Venture Growth BDC
TPVG
$217M
| $671K | 0.01% |
+116,922
| New | +$1.38M |
|
1732
PUT
Simon Property Group
SPG
$70.9B
| $669K | 0.01% |
12,200
-2,900
| -19% | -$347K |
|
1733
CALL
Tencent Music
TME
$14.3B
| $669K | 0.01% |
+66,500
| New | +$819K |
|
1734
PUT
Coherent
COHR
$56.4B
| $667K | 0.01% |
23,400
-17,000
| -42% | -$552K |
|
1735
Capri Holdings
CPRI
$1.51B
| $667K | 0.01% |
61,771
+42,689
| +224% | +$1.12M |
|
1736
CALL
L3Harris
LHX
$48.8B
| $666K | 0.01% |
3,700
-18,800
| -84% | -$3.85M |
|
1737
PUT
Pultegroup
PHM
$24.9B
| $665K | 0.01% |
29,800
-15,500
| -34% | -$599K |
|
|
TUFN
1738
DELISTED
Tufin Software Technologies Ltd.
TUFN
| $664K | 0.01% |
+75,676
| New | +$945K |
|
|
1739
PUT
Tencent Music
TME
$14.3B
| $663K | 0.01% |
+65,900
| New | +$811K |
|
1740
Carriage Services
CSV
$553M
| $659K | 0.01% |
40,823
-55,764
| -58% | -$1.2M |
|
|
AHRT
1741
AH Realty Trust
AHRT
$506M
| $656K | 0.01% |
61,350
+12,735
| +26% | +$206K |
|
1742
Mettler-Toledo International
MTD
$28.1B
| $655K | 0.01% |
+949
| New | +$708K |
|
1743
CALL
Charter Communications
CHTR
$18.5B
| $654K | 0.01% |
1,500
-15,500
| -91% | -$7.58M |
|
1744
Suncor Energy
SU
$76.4B
| $654K | 0.01% |
41,361
-1,188,615
| -97% | -$31.2M |
|
1745
CALL
Snap-on
SNA
$20.4B
| $653K | 0.01% |
6,000
| – | – |
|
1746
PUT
NextEra Energy
NEE
$176B
| $650K | 0.01% |
10,800
-125,200
| -92% | -$7.87M |
|
1747
CALL
Eversource Energy
ES
$26.8B
| $649K | 0.01% |
8,300
-800
| -9% | -$70.2K |
|
1748
Magnite
MGNI
$3.43B
| $649K | 0.01% |
116,980
-99,266
| -46% | -$912K |
|
1749
Horizon Bancorp
HBNC
$1B
| $647K | 0.01% |
65,625
+17,873
| +37% | +$274K |
|
1750
PUT
Nexstar Media Group
NXST
$5.83B
| $647K | 0.01% |
11,200
-31,100
| -74% | -$3.29M |
|
Similar funds
John Overdeck's Q1 2020 Portfolio in Review
As of Q1 2020, John Overdeck held 4,183 positions worth $12.3B, down 63% from $33.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
John Overdeck withdrew a net $15.4B in Q1 2020, closing 1,188 positions and reducing 1,576 holdings. Its most notable exit was Johnson & Johnson, an estimated $193M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $148M.
- John Overdeck's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,200,000 shares worth $148M.
- John Overdeck added most to Target in Q1 2020, an estimated $106M increase.
- John Overdeck's biggest Q1 2020 reduction was eBay, cutting an estimated $233M.
- John Overdeck fully exited Johnson & Johnson in Q1 2020, selling an estimated $193M.
- John Overdeck's ten largest holdings make up 11% of its $12.3B portfolio in Q1 2020.
- John Overdeck opened 588 new positions and closed 1,188 in Q1 2020.
- John Overdeck's portfolio value fell 63% quarter-over-quarter to $12.3B.
Based on Two Sigma Investments's 13F filing for Q1 2020, filed 15 May 2020.