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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$153M |
| 2 |
Target
TGT
|
+$106M |
| 3 |
Altria Group
MO
|
+$74.3M |
| 4 |
Coca-Cola
KO
|
+$70.3M |
| 5 |
Procter & Gamble
PG
|
+$62.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
eBay
EBAY
|
+$233M |
| 2 |
McDonald's
MCD
|
+$214M |
| 3 |
Autodesk
ADSK
|
+$196M |
| 4 |
Johnson & Johnson
JNJ
|
+$193M |
| 5 |
HP
HPQ
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.18% |
| 2 | Technology | 11.08% |
| 3 | Consumer Discretionary | 11.06% |
| 4 | Consumer Staples | 8.4% |
| 5 | Financials | 6.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
PUT
Synaptics
SYNA
$3.74B
| $312K | ﹤0.01% |
5,400
-2,000
| -27% | -$136K |
|
2277
Welltower
WELL
$174B
| $312K | ﹤0.01% |
+6,823
| New | +$503K |
|
2278
Murphy Oil
MUR
$4.98B
| $311K | ﹤0.01% |
50,735
+40,113
| +378% | +$737K |
|
|
CASA
2279
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $311K | ﹤0.01% |
88,941
-247,961
| -74% | -$898K |
|
2280
Establishment Labs
ESTA
$2.16B
| $310K | ﹤0.01% |
21,454
-13,462
| -39% | -$297K |
|
2281
CALL
M&T Bank
MTB
$34.9B
| $310K | ﹤0.01% |
3,000
-6,000
| -67% | -$883K |
|
2282
QuinStreet
QNST
$1.13B
| $309K | ﹤0.01% |
38,436
-1,051
| -3% | -$13K |
|
2283
CALL
Cirrus Logic
CRUS
$5.53B
| $308K | ﹤0.01% |
4,700
+700
| +18% | +$51.7K |
|
2284
CALL
Exelixis
EXEL
$13.9B
| $308K | ﹤0.01% |
+17,900
| New | +$327K |
|
2285
CALL
ScottsMiracle-Gro
SMG
$3.57B
| $307K | ﹤0.01% |
3,000
-1,600
| -35% | -$176K |
|
2286
Acuity Brands
AYI
$10.2B
| $306K | ﹤0.01% |
+3,570
| New | +$392K |
|
2287
Harley-Davidson
HOG
$2.9B
| $306K | ﹤0.01% |
+16,180
| New | +$490K |
|
2288
PUT
Medifast
MED
$137M
| $306K | ﹤0.01% |
4,900
-3,300
| -40% | -$300K |
|
2289
PUT
Viatris
VTRS
$19.4B
| $306K | ﹤0.01% |
20,500
-86,100
| -81% | -$1.65M |
|
|
LJPC
2290
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $306K | ﹤0.01% |
+72,791
| New | +$460K |
|
2291
PUT
Autohome
ATHM
$2.55B
| $305K | ﹤0.01% |
4,300
+800
| +23% | +$63.1K |
|
2292
CALL
Weyerhaeuser
WY
$17.4B
| $305K | ﹤0.01% |
18,000
+2,200
| +14% | +$57.9K |
|
|
PDCE
2293
DELISTED
PDC Energy, Inc.
PDCE
| $305K | ﹤0.01% |
+49,061
| New | +$884K |
|
2294
CALL
Delek US
DK
$4.34B
| $303K | ﹤0.01% |
19,200
-6,100
| -24% | -$145K |
|
2295
PUT
Hormel Foods
HRL
$13B
| $303K | ﹤0.01% |
+6,500
| New | +$296K |
|
2296
CALL
NIO
NIO
$11B
| $303K | ﹤0.01% |
+109,000
| New | +$406K |
|
2297
PUT
STAAR Surgical
STAA
$1.15B
| $303K | ﹤0.01% |
9,400
-1,300
| -12% | -$43.8K |
|
2298
PUT
Omnicom Group
OMC
$24.1B
| $302K | ﹤0.01% |
5,500
-17,500
| -76% | -$1.24M |
|
2299
Adicet Bio
ACET
$83.6M
| $301K | ﹤0.01% |
2,609
+1,329
| +104% | +$197K |
|
2300
CALL
Pultegroup
PHM
$24.8B
| $301K | ﹤0.01% |
13,500
-44,500
| -77% | -$1.72M |
|
Similar funds
John Overdeck's Q1 2020 Portfolio in Review
As of Q1 2020, John Overdeck held 4,183 positions worth $12.3B, down 63% from $33.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
John Overdeck withdrew a net $15.4B in Q1 2020, closing 1,188 positions and reducing 1,576 holdings. Its most notable exit was Johnson & Johnson, an estimated $193M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, John Overdeck opened a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF worth $148M.
- John Overdeck's largest Q1 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,200,000 shares worth $148M.
- John Overdeck added most to Target in Q1 2020, an estimated $106M increase.
- John Overdeck's biggest Q1 2020 reduction was eBay, cutting an estimated $233M.
- John Overdeck fully exited Johnson & Johnson in Q1 2020, selling an estimated $193M.
- John Overdeck's ten largest holdings make up 11% of its $12.3B portfolio in Q1 2020.
- John Overdeck opened 588 new positions and closed 1,188 in Q1 2020.
- John Overdeck's portfolio value fell 63% quarter-over-quarter to $12.3B.
Based on Two Sigma Investments's 13F filing for Q1 2020, filed 15 May 2020.