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 | |
|---|---|---|---|---|---|---|
1951
PUT
Etsy
ETSY
$7.75B
| $1.3M | ﹤0.01% |
27,500
+1,300
| +5% | +$66.6K |
|
1952
American Coastal Insurance
ACIC
$444M
| $1.3M | ﹤0.01% |
112,102
-52,140
| -32% | -$635K |
|
1953
Deluxe
DLX
$1.1B
| $1.3M | ﹤0.01% |
82,003
+29,023
| +55% | +$550K |
|
1954
Woodside Energy
WDS
$43.5B
| $1.29M | ﹤0.01% |
89,246
+25,700
| +40% | +$391K |
|
|
CAN
1955
Canaan Creative
CAN
$311M
| $1.29M | ﹤0.01% |
1,472,714
-852,598
| -37% | -$1.35M |
|
1956
Edgewell Personal Care
EPC
$1.33B
| $1.29M | ﹤0.01% |
41,335
-17,748
| -30% | -$558K |
|
|
EURK
1957
Eureka Acquisition Corp
EURK
$25.5M
| $1.29M | ﹤0.01% |
125,000
| – | – |
|
|
SEMR
1958
DELISTED
Semrush
SEMR
| $1.29M | ﹤0.01% |
137,842
-37,085
| -21% | -$506K |
|
|
JWN
1959
DELISTED
Nordstrom
JWN
| $1.28M | ﹤0.01% |
52,500
-880,877
| -94% | -$21.4M |
|
1960
CBRE Group
CBRE
$43.9B
| $1.28M | ﹤0.01% |
9,796
+474
| +5% | +$64.4K |
|
1961
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$291M
| $1.28M | ﹤0.01% |
+30,900
| New | +$1.29M |
|
1962
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$258M
| $1.28M | ﹤0.01% |
10,400
+4,700
| +82% | +$603K |
|
1963
Fidelity US Multifactor ETF
FLRG
$298M
| $1.28M | ﹤0.01% |
+38,500
| New | +$1.32M |
|
|
PCSC
1964
DELISTED
Perceptive Capital Solutions
PCSC
| $1.28M | ﹤0.01% |
123,838
| – | – |
|
1965
Global X Silver Miners ETF NEW
SIL
$5.57B
| $1.27M | ﹤0.01% |
32,300
-152,700
| -83% | -$5.49M |
|
|
RDAC
1966
Rising Dragon Acquisition Corp
RDAC
$31.7M
| $1.27M | ﹤0.01% |
125,000
| – | – |
|
1967
iShares US Healthcare ETF
IYH
$3.84B
| $1.27M | ﹤0.01% |
20,887
-267,200
| -93% | -$16.3M |
|
|
NIU
1968
Niu Technologies
NIU
$154M
| $1.27M | ﹤0.01% |
311,555
+140,635
| +82% | +$350K |
|
|
HTB
1969
HomeTrust Bancshares
HTB
$771M
| $1.27M | ﹤0.01% |
37,056
+1,916
| +5% | +$67.6K |
|
|
BFS
1970
Saul Centers
BFS
$844M
| $1.27M | ﹤0.01% |
35,167
+2,620
| +8% | +$96K |
|
|
OPLN
1971
Openlane
OPLN
$4.19B
| $1.27M | ﹤0.01% |
65,792
-60,659
| -48% | -$1.25M |
|
1972
Viking Therapeutics
VKTX
$3.99B
| $1.27M | ﹤0.01% |
+52,414
| New | +$1.66M |
|
1973
Intrepid Potash
IPI
$509M
| $1.27M | ﹤0.01% |
43,057
-32,917
| -43% | -$869K |
|
1974
Great Southern Bancorp
GSBC
$857M
| $1.26M | ﹤0.01% |
22,818
+5,734
| +34% | +$335K |
|
1975
Ceco Environmental
CECO
$4.12B
| $1.26M | ﹤0.01% |
55,317
+7,199
| +15% | +$192K |
|
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.