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 |
SLB Ltd
SLB
|
+$230M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$207M |
| 3 |
EA
Electronic Arts
EA
|
+$205M |
| 4 |
Starbucks
SBUX
|
+$171M |
| 5 |
Baidu
BIDU
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$185M |
| 2 |
Elevance Health
ELV
|
+$180M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$169M |
| 4 |
Walt Disney
DIS
|
+$168M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$166M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 15.51% |
| 2 | Technology | 14.81% |
| 3 | Industrials | 12.21% |
| 4 | Healthcare | 10.11% |
| 5 | Financials | 6.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
Fabrinet
FN
$15.7B
| $336K | ﹤0.01% |
6,539
-16,255
| -71% | -$779K |
|
|
PEGI
2377
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $334K | ﹤0.01% |
+17,958
| New | +$349K |
|
2378
Core Molding Technologies
CMT
$224M
| $333K | ﹤0.01% |
46,830
-7,067
| -13% | -$51K |
|
2379
PUT
LyondellBasell Industries
LYB
$20B
| $333K | ﹤0.01% |
4,000
+1,000
| +33% | +$91.5K |
|
2380
CALL
PTC
PTC
$16.4B
| $332K | ﹤0.01% |
4,000
+1,500
| +60% | +$132K |
|
|
2381
PUT
PTC
PTC
$16.4B
| $332K | ﹤0.01% |
4,000
-900
| -18% | -$79K |
|
2382
Arcosa
ACA
$7.14B
| $331K | ﹤0.01% |
+11,949
| New | +$328K |
|
2383
PUT
AT&T
T
$176B
| $331K | ﹤0.01% |
15,358
-944,012
| -98% | -$22M |
|
2384
CALL
Cal-Maine
CALM
$3.92B
| $330K | ﹤0.01% |
7,800
+1,200
| +18% | +$55.6K |
|
2385
ServiceNow
NOW
$129B
| $329K | ﹤0.01% |
9,240
-2,902,575
| -100% | -$103M |
|
2386
PUT
Take-Two Interactive
TTWO
$44.2B
| $329K | ﹤0.01% |
3,200
-11,800
| -79% | -$1.36M |
|
|
PFNX
2387
DELISTED
Pfenex Inc.
PFNX
| $328K | ﹤0.01% |
102,956
-73,810
| -42% | -$316K |
|
2388
Alpha and Omega Semiconductor
AOSL
$802M
| $327K | ﹤0.01% |
32,118
+4,704
| +17% | +$48.4K |
|
2389
CALL
General Mills
GIS
$21.5B
| $327K | ﹤0.01% |
8,400
-62,800
| -88% | -$2.65M |
|
|
RTW
2390
DELISTED
RTW Retailwinds, Inc.
RTW
| $327K | ﹤0.01% |
+115,615
| New | +$356K |
|
2391
Century Casinos
CNTY
$35.5M
| $326K | ﹤0.01% |
+44,059
| New | +$301K |
|
2392
CALL
Lumen
LUMN
$6.06B
| $326K | ﹤0.01% |
+21,500
| New | +$410K |
|
2393
CALL
Paychex
PAYX
$44.5B
| $326K | ﹤0.01% |
5,000
-15,500
| -76% | -$1.05M |
|
2394
CALL
Chemours
CC
$2.38B
| $325K | ﹤0.01% |
+11,500
| New | +$364K |
|
2395
PUT
Hasbro
HAS
$13.7B
| $325K | ﹤0.01% |
4,000
-1,000
| -20% | -$93K |
|
|
ABMD
2396
CALL
DELISTED
Abiomed Inc
ABMD
| $325K | ﹤0.01% |
1,000
-2,000
| -67% | -$695K |
|
2397
CALL
Fortinet
FTNT
$115B
| $324K | ﹤0.01% |
+23,000
| New | +$350K |
|
2398
Intrepid Potash
IPI
$512M
| $324K | ﹤0.01% |
+12,474
| New | +$428K |
|
|
SKX
2399
CALL
DELISTED
Skechers
SKX
| $323K | ﹤0.01% |
14,100
-2,700
| -16% | -$70.8K |
|
2400
CALL
HealthEquity
HQY
$8.75B
| $322K | ﹤0.01% |
+5,400
| New | +$435K |
|
Similar funds
John Overdeck's Q4 2018 Portfolio in Review
As of Q4 2018, John Overdeck held 3,851 positions worth $25.5B, down 30% from $36.7B the previous quarter. Its ten largest holdings account for 6.8% of the portfolio.
John Overdeck withdrew a net $5.25B in Q4 2018, closing 943 positions and reducing 1,216 holdings. Its most notable exit was Elevance Health, an estimated $180M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 16% of assets, up from 13% a quarter earlier, followed by Technology and Industrials.
Against the trend, John Overdeck opened a new position in Starbucks worth $176M.
- John Overdeck's largest Q4 2018 buy was Starbucks: 2,727,875 shares worth $176M.
- John Overdeck added most to SLB Ltd in Q4 2018, an estimated $230M increase.
- John Overdeck's biggest Q4 2018 reduction was Procter & Gamble, cutting an estimated $185M.
- John Overdeck fully exited Elevance Health in Q4 2018, selling an estimated $180M.
- John Overdeck's ten largest holdings make up 6.8% of its $25.5B portfolio in Q4 2018.
- John Overdeck opened 729 new positions and closed 943 in Q4 2018.
- John Overdeck's portfolio value fell 30% quarter-over-quarter to $25.5B.
Based on Two Sigma Investments's 13F filing for Q4 2018, filed 14 Feb 2019.