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 | |
|---|---|---|---|---|---|---|
2051
Park National Corp
PRK
$3.65B
| – | – |
-7,256
| Closed | -$499K |
|
2052
Prospect Capital
PSEC
$1.17B
| – | – |
-421,646
| Closed | -$4.55M |
|
2053
Pricesmart
PSMT
$5.33B
| – | – |
-14,521
| Closed | -$1.27M |
|
2054
Prudential
PUK
$35B
| – | – |
-14,303
| Closed | -$454K |
|
2055
QuidelOrtho
QDEL
$1.01B
| – | – |
-77,289
| Closed | -$1.97M |
|
2056
RBC Bearings
RBC
$16B
| – | – |
-61,334
| Closed | -$3.19M |
|
2057
Rogers Communications
RCI
$19.6B
| – | – |
-135,265
| Closed | -$5.3M |
|
2058
Regeneron Pharmaceuticals
REGN
$85.9B
| – | – |
-215,680
| Closed | -$48.5M |
|
2059
RPC Inc
RES
$1.41B
| – | – |
-13,701
| Closed | -$189K |
|
2060
Sturm, Ruger & Co
RGR
$624M
| – | – |
-18,398
| Closed | -$884K |
|
2061
Rio Tinto
RIO
$171B
| – | – |
-58,410
| Closed | -$2.4M |
|
2062
ResMed
RMD
$33.4B
| – | – |
-39,103
| Closed | -$1.76M |
|
2063
Renasant Corp
RNST
$3.79B
| – | – |
-29,073
| Closed | -$708K |
|
2064
Rollins
ROL
$17.8B
| – | – |
-166,793
| Closed | -$1.28M |
|
2065
Roper Technologies
ROP
$40.7B
| – | – |
-96,559
| Closed | -$12M |
|
2066
Ryanair
RYAAY
$28.9B
| – | – |
-385,961
| Closed | -$8.16M |
|
2067
Safety Insurance
SAFT
$1.52B
| – | – |
-4,877
| Closed | -$236K |
|
|
SAFE
2068
Safehold
SAFE
$1.09B
| – | – |
-2,157
| Closed | -$119K |
|
2069
Sonic Automotive
SAH
$2.45B
| – | – |
-18,387
| Closed | -$388K |
|
2070
Banco Santander
SAN
$212B
| – | – |
-2,497,298
| Closed | -$14.7M |
|
2071
Sally Beauty Holdings
SBH
$1.55B
| – | – |
-307,533
| Closed | -$9.56M |
|
2072
Sabra Healthcare REIT
SBRA
$5.21B
| – | – |
-103,804
| Closed | -$2.71M |
|
2073
Sabesp
SBS
$16.2B
| – | – |
-2,842,306
| Closed | -$5.74M |
|
2074
Southern Copper
SCCO
$182B
| – | – |
-890,900
| Closed | -$22.5M |
|
|
SCS
2075
DELISTED
Steelcase
SCS
| – | – |
-165,844
| Closed | -$2.42M |
|
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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.