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 |
Intel
INTC
|
+$267M |
| 2 |
Amazon
AMZN
|
+$243M |
| 3 |
Applied Materials
AMAT
|
+$242M |
| 4 |
Airbnb
ABNB
|
+$221M |
| 5 |
Meta Platforms (Facebook)
META
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$262M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$259M |
| 3 |
Wells Fargo
WFC
|
+$238M |
| 4 |
Broadcom
AVGO
|
+$233M |
| 5 |
Applovin
APP
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.95% |
| 2 | Healthcare | 13.56% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.22% |
| 5 | Industrials | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
PUT
Lumentum
LITE
$77.7B
| $62.6M | 0.14% |
745,900
+100
| +0% | +$7.79K |
|
177
Canadian National Railway
CNI
$78.5B
| $61.9M | 0.14% |
610,092
+194,107
| +47% | +$21.2M |
|
178
Royalty Pharma
RPRX
$27.3B
| $61.7M | 0.13% |
2,420,403
-8,933
| -0.4% | -$237K |
|
179
Suncor Energy
SU
$80B
| $61.7M | 0.13% |
1,729,654
+1,086,065
| +169% | +$41.8M |
|
180
Xcel Energy
XEL
$47.7B
| $61.4M | 0.13% |
909,412
+399,691
| +78% | +$26.8M |
|
181
Evergy
EVRG
$18.7B
| $61.4M | 0.13% |
997,500
-265,270
| -21% | -$16.4M |
|
|
GAP
182
The Gap Inc
GAP
$7.13B
| $61.3M | 0.13% |
2,594,082
-1,532,721
| -37% | -$34.9M |
|
183
Jacobs Solutions
J
$17.6B
| $61.3M | 0.13% |
463,148
+142,574
| +44% | +$19.6M |
|
184
Wingstop
WING
$3.14B
| $61.1M | 0.13% |
214,945
-93,441
| -30% | -$31.8M |
|
185
TSMC
TSM
$2.17T
| $60.3M | 0.13% |
305,292
-813,972
| -73% | -$158M |
|
186
Kinross Gold
KGC
$38.9B
| $60M | 0.13% |
6,477,314
+2,199,717
| +51% | +$21.7M |
|
187
HEICO Corp
HEI
$49.6B
| $59.7M | 0.13% |
251,259
-24,913
| -9% | -$6.45M |
|
188
Franklin Templeton
BEN
$17.4B
| $59.6M | 0.13% |
2,935,292
+1,673,971
| +133% | +$35.3M |
|
189
Natera
NTRA
$47.9B
| $59.3M | 0.13% |
374,365
-14,264
| -4% | -$2.08M |
|
190
Ares Capital
ARCC
$14.3B
| $58.6M | 0.13% |
2,678,525
+1,198,580
| +81% | +$25.9M |
|
191
PUT
Seagate
STX
$193B
| $58.4M | 0.13% |
676,900
| – | – |
|
192
Varonis Systems
VRNS
$4.74B
| $58.2M | 0.13% |
1,310,118
+278,070
| +27% | +$14.5M |
|
193
CNX Resources
CNX
$5.38B
| $57.8M | 0.13% |
1,576,351
-154,671
| -9% | -$5.7M |
|
194
Guardant Health
GH
$22.9B
| $57.8M | 0.13% |
1,890,714
+525,368
| +38% | +$14.8M |
|
195
Wayfair
W
$13.9B
| $57.5M | 0.13% |
1,296,530
+473,041
| +57% | +$22.3M |
|
196
IAMGOLD
IAG
$12.1B
| $56.4M | 0.12% |
10,930,214
-1,767,735
| -14% | -$9.45M |
|
197
ZIM Integrated Shipping Services
ZIM
$3.4B
| $55.3M | 0.12% |
2,574,547
| – | – |
|
198
PUT
Live Nation Entertainment
LYV
$42.4B
| $55.2M | 0.12% |
426,600
| – | – |
|
199
PUT
Burlington
BURL
$20.6B
| $55.2M | 0.12% |
193,700
-300
| -0.2% | -$81.1K |
|
200
PUT
Rivian
RIVN
$24.6B
| $54.6M | 0.12% |
4,105,100
+181,500
| +5% | +$2.09M |
|
Similar funds
John Overdeck's Q4 2024 Portfolio in Review
As of Q4 2024, John Overdeck held 3,590 positions worth $45.9B, up 0.48% from $45.6B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
John Overdeck withdrew a net $1.69B in Q4 2024, closing 427 positions and reducing 1,388 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $184M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 18% a quarter earlier, followed by Healthcare and Financials.
Against the trend, John Overdeck opened a new position in Intel worth $237M.
- John Overdeck's largest Q4 2024 buy was Intel: 11,843,258 shares worth $237M.
- John Overdeck added most to Amazon in Q4 2024, an estimated $243M increase.
- John Overdeck's biggest Q4 2024 reduction was Micron Technology, cutting an estimated $262M.
- John Overdeck fully exited iShares MSCI Emerging Markets ETF in Q4 2024, selling an estimated $184M.
- John Overdeck's ten largest holdings make up 7.2% of its $45.9B portfolio in Q4 2024.
- John Overdeck opened 477 new positions and closed 427 in Q4 2024.
- John Overdeck's portfolio value rose 0.48% quarter-over-quarter to $45.9B.
Based on Two Sigma Investments's 13F filing for Q4 2024, filed 14 Feb 2025.