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 |
Alphabet (Google) Class A
GOOGL
|
+$254M |
| 2 |
Bank of America
BAC
|
+$228M |
| 3 |
KLA
KLAC
|
+$205M |
| 4 |
TSMC
TSM
|
+$191M |
| 5 |
CVS Health
CVS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.06B |
| 2 |
Meta Platforms (Facebook)
META
|
+$254M |
| 3 |
Goldman Sachs
GS
|
+$237M |
| 4 |
Amazon
AMZN
|
+$229M |
| 5 |
PayPal
PYPL
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.63% |
| 2 | Healthcare | 13.66% |
| 3 | Financials | 12.92% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Newmont
NEM
$139B
| $63.6M | 0.14% |
1,190,321
-725,354
| -38% | -$36M |
|
177
CrowdStrike
CRWD
$195B
| $63.5M | 0.14% |
905,028
-1,410,264
| -61% | -$100M |
|
178
SLB Ltd
SLB
$79.9B
| $62.4M | 0.14% |
1,488,667
+1,418,171
| +2,012% | +$63.1M |
|
179
UiPath
PATH
$8.49B
| $62.4M | 0.14% |
4,875,522
-63,430
| -1% | -$777K |
|
180
Sweetgreen
SG
$832M
| $61.3M | 0.13% |
1,728,408
-162,680
| -9% | -$4.94M |
|
181
The Mosaic Company
MOS
$7.76B
| $61.1M | 0.13% |
2,281,189
+893,847
| +64% | +$24.6M |
|
182
lululemon athletica
LULU
$13.7B
| $61M | 0.13% |
224,897
-95,266
| -30% | -$25.3M |
|
183
United Microelectronic
UMC
$46B
| $60.8M | 0.13% |
7,216,193
+5,261,140
| +269% | +$44M |
|
184
MarketAxess Holdings
MKTX
$5.71B
| $60.7M | 0.13% |
236,923
+33,577
| +17% | +$7.87M |
|
185
Cintas
CTAS
$81.6B
| $60.4M | 0.13% |
293,430
+40,298
| +16% | +$7.78M |
|
186
Agree Realty
ADC
$9.19B
| $59.9M | 0.13% |
794,641
+270,784
| +52% | +$19.2M |
|
187
Snap
SNAP
$8.86B
| $59.8M | 0.13% |
5,587,008
-1,351,085
| -19% | -$15.4M |
|
188
iShares Russell 2000 ETF
IWM
$81.9B
| $59.8M | 0.13% |
270,588
+261,536
| +2,889% | +$56M |
|
189
AGNC Investment
AGNC
$12.9B
| $58.8M | 0.13% |
5,619,563
+1,117,092
| +25% | +$11.4M |
|
190
Banco Bradesco
BBD
$33.9B
| $58.7M | 0.13% |
22,060,001
+14,892,119
| +208% | +$38.2M |
|
191
Gilead Sciences
GILD
$181B
| $58.6M | 0.13% |
698,674
-2,634,933
| -79% | -$201M |
|
192
Insmed
INSM
$27.5B
| $58.5M | 0.13% |
801,139
+693,395
| +644% | +$51.2M |
|
193
Varonis Systems
VRNS
$4.74B
| $58.3M | 0.13% |
1,032,048
+125,127
| +14% | +$6.58M |
|
194
ATI
ATI
$28.2B
| $58.3M | 0.13% |
871,375
-197,849
| -19% | -$12.3M |
|
195
iShares MSCI Brazil ETF
EWZ
$8.52B
| $57.7M | 0.13% |
1,956,700
-96,500
| -5% | -$2.8M |
|
196
L3Harris
LHX
$49.7B
| $56.9M | 0.12% |
239,347
+80,922
| +51% | +$18.7M |
|
197
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $56.7M | 0.12% |
880,000
+681,500
| +343% | +$42.5M |
|
198
Qiagen
QGEN
$9.1B
| $56.4M | 0.12% |
1,203,995
+526,874
| +78% | +$24M |
|
199
Idexx Laboratories
IDXX
$43.9B
| $56.4M | 0.12% |
111,700
+59,908
| +116% | +$29.1M |
|
200
CNX Resources
CNX
$5.38B
| $56.4M | 0.12% |
1,731,022
-509,826
| -23% | -$13.7M |
|
Similar funds
John Overdeck's Q3 2024 Portfolio in Review
As of Q3 2024, John Overdeck held 3,433 positions worth $45.6B, up 3.9% from $43.9B the previous quarter. Its ten largest holdings account for 6.6% of the portfolio.
John Overdeck withdrew a net $1.83B in Q3 2024, closing 348 positions and reducing 1,306 holdings. Its most notable exit was Intel, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Overdeck opened a new position in Bank of America worth $226M.
- John Overdeck's largest Q3 2024 buy was Bank of America: 5,683,991 shares worth $226M.
- John Overdeck added most to Alphabet (Google) Class A in Q3 2024, an estimated $254M increase.
- John Overdeck's biggest Q3 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.06B.
- John Overdeck fully exited Intel in Q3 2024, selling an estimated $161M.
- John Overdeck's ten largest holdings make up 6.6% of its $45.6B portfolio in Q3 2024.
- John Overdeck opened 444 new positions and closed 348 in Q3 2024.
- John Overdeck's portfolio value rose 3.9% quarter-over-quarter to $45.6B.
Based on Two Sigma Investments's 13F filing for Q3 2024, filed 14 Nov 2024.