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 |
Johnson & Johnson
JNJ
|
+$166M |
| 2 |
General Motors
GM
|
+$156M |
| 3 |
Union Pacific
UNP
|
+$154M |
| 4 |
Pfizer
PFE
|
+$124M |
| 5 |
McDonald's
MCD
|
+$124M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$132M |
| 2 |
EMC
EMC CORPORATION
EMC
|
+$124M |
| 3 |
Liberty Global Class A
LBTYA
|
+$120M |
| 4 |
Freeport-McMoran
FCX
|
+$110M |
| 5 |
Vodafone
VOD
|
+$80.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.69% |
| 2 | Healthcare | 12.24% |
| 3 | Technology | 11.21% |
| 4 | Energy | 10.78% |
| 5 | Financials | 10.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
CTS Corp
CTS
$1.6B
| – | – |
-18,443
| Closed | -$252K |
|
1877
CVB Financial
CVBF
$3.95B
| – | – |
-161,897
| Closed | -$1.9M |
|
1878
Cavco Industries
CVCO
$4.48B
| – | – |
-5,903
| Closed | -$298K |
|
1879
Chevron
CVX
$398B
| – | – |
-86,058
| Closed | -$10.2M |
|
1880
Delta Air Lines
DAL
$54.2B
| – | – |
-207,357
| Closed | -$3.88M |
|
1881
Deckers Outdoor
DECK
$12.5B
| – | – |
-336,240
| Closed | -$2.83M |
|
1882
Diageo
DEO
$53.4B
| – | – |
-89,317
| Closed | -$10.3M |
|
|
DHIL
1883
DELISTED
Diamond Hill
DHIL
| – | – |
-10,283
| Closed | -$874K |
|
1884
HF Sinclair
DINO
$16.9B
| – | – |
-672,328
| Closed | -$28.8M |
|
1885
Diodes
DIOD
$4.13B
| – | – |
-87,319
| Closed | -$2.27M |
|
1886
Dick's Sporting Goods
DKS
$16.1B
| – | – |
-15,241
| Closed | -$763K |
|
1887
Digital Realty Trust
DLR
$69.8B
| – | – |
-150,052
| Closed | -$9.15M |
|
1888
Deluxe
DLX
$1.1B
| – | – |
-47,601
| Closed | -$1.65M |
|
1889
Dorman Products
DORM
$3.89B
| – | – |
-21,584
| Closed | -$985K |
|
1890
Diamondrock Hospitality Co
DRH
$2.61B
| – | – |
-1,141,954
| Closed | -$10.6M |
|
1891
eBay
EBAY
$47.7B
| – | – |
-3,549,026
| Closed | -$77.3M |
|
1892
Ecolab
ECL
$80.4B
| – | – |
-108,412
| Closed | -$9.24M |
|
1893
Encore Capital Group
ECPG
$2.19B
| – | – |
-100,764
| Closed | -$3.34M |
|
1894
Enterprise Financial Services Corp
EFSC
$2.3B
| – | – |
-14,430
| Closed | -$230K |
|
1895
Eagle Bancorp
EGBN
$857M
| – | – |
-26,969
| Closed | -$604K |
|
|
ELP
1896
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| – | – |
-118,675
| Closed | -$589K |
|
1897
EnerSys
ENS
$6.76B
| – | – |
-170,092
| Closed | -$8.34M |
|
1898
Entegris
ENTG
$21.1B
| – | – |
-79,068
| Closed | -$742K |
|
1899
EPR Properties
EPR
$4.64B
| – | – |
-35,411
| Closed | -$1.78M |
|
1900
Ericsson
ERIC
$33.3B
| – | – |
-11,408
| Closed | -$129K |
|
Similar funds
John Overdeck's Q3 2013 Portfolio in Review
As of Q3 2013, John Overdeck held 2,423 positions worth $15.7B, up 9.6% from $14.3B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
John Overdeck deployed $511M of net new capital in Q3 2013, opening 482 new positions and adding to 549 existing holdings. Its largest new stake was Johnson & Johnson: 1,855,436 shares worth $161M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 12% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was EMC CORPORATION, an estimated $124M trimmed.
- John Overdeck's largest Q3 2013 buy was Johnson & Johnson: 1,855,436 shares worth $161M.
- John Overdeck added most to Alphabet (Google) Class C in Q3 2013, an estimated $100M increase.
- John Overdeck's biggest Q3 2013 reduction was EMC CORPORATION, cutting an estimated $124M.
- John Overdeck fully exited IBM in Q3 2013, selling an estimated $132M.
- John Overdeck's ten largest holdings make up 9.4% of its $15.7B portfolio in Q3 2013.
- John Overdeck opened 482 new positions and closed 621 in Q3 2013.
- John Overdeck's portfolio value rose 9.6% quarter-over-quarter to $15.7B.
Based on Two Sigma Investments's 13F filing for Q3 2013, filed 14 Nov 2013.