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 | |
|---|---|---|---|---|---|---|
2426
CALL
United Natural Foods
UNFI
$2.9B
| $263K | ﹤0.01% |
+28,700
| New | +$228K |
|
|
SPWR
2427
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $263K | ﹤0.01% |
79,251
-67,341
| -46% | -$354K |
|
2428
PUT
MasTec
MTZ
$20B
| $262K | ﹤0.01% |
8,000
-7,000
| -47% | -$356K |
|
2429
PUT
Sociedad Química y Minera de Chile
SQM
$22.4B
| $262K | ﹤0.01% |
11,600
-5,000
| -30% | -$135K |
|
2430
CALL
Wolfspeed
WOLF
$1.4B
| $262K | ﹤0.01% |
7,400
-9,100
| -55% | -$409K |
|
|
LM
2431
DELISTED
Legg Mason, Inc.
LM
| $262K | ﹤0.01% |
+5,371
| New | +$234K |
|
2432
CALL
CenterPoint Energy
CNP
$26.1B
| $261K | ﹤0.01% |
16,900
-4,300
| -20% | -$98.7K |
|
2433
Omega Healthcare
OHI
$14.2B
| $261K | ﹤0.01% |
+9,838
| New | +$373K |
|
2434
American States Water
AWR
$3.56B
| $260K | ﹤0.01% |
+3,177
| New | +$272K |
|
2435
RLJ Lodging Trust
RLJ
$1.75B
| $260K | ﹤0.01% |
33,726
+15,077
| +81% | +$203K |
|
|
BRG
2436
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $260K | ﹤0.01% |
46,597
-85,459
| -65% | -$888K |
|
2437
PUT
Ball Corp
BALL
$17B
| $259K | ﹤0.01% |
4,000
-40,400
| -91% | -$2.83M |
|
2438
Cerus
CERS
$552M
| $259K | ﹤0.01% |
55,747
-261,812
| -82% | -$1.19M |
|
|
MRSH
2439
CALL
Marsh
MRSH
$92.2B
| $259K | ﹤0.01% |
3,000
-600
| -17% | -$64K |
|
2440
PUT
Truist Financial
TFC
$61.9B
| $259K | ﹤0.01% |
8,400
-12,200
| -59% | -$577K |
|
2441
CALL
International Paper
IP
$21.9B
| $258K | ﹤0.01% |
8,765
-31,574
| -78% | -$1.17M |
|
2442
CALL
Nutrien
NTR
$35.1B
| $258K | ﹤0.01% |
+7,600
| New | +$304K |
|
2443
PUT
Zillow
ZG
$8.09B
| $258K | ﹤0.01% |
7,600
+2,800
| +58% | +$128K |
|
2444
Q32 Bio
QTTB
$482M
| $258K | ﹤0.01% |
+923
| New | +$283K |
|
2445
i3 Verticals
IIIV
$306M
| $257K | ﹤0.01% |
+13,464
| New | +$379K |
|
|
APLT
2446
DELISTED
Applied Therapeutics
APLT
| $256K | ﹤0.01% |
+7,834
| New | +$317K |
|
2447
Cogent Communications
CCOI
$515M
| $256K | ﹤0.01% |
3,122
-118,982
| -97% | -$9M |
|
2448
American International
AIG
$40.2B
| $255K | ﹤0.01% |
10,509
| – | – |
|
2449
PUT
Estee Lauder
EL
$38B
| $255K | ﹤0.01% |
1,600
-18,300
| -92% | -$3.53M |
|
|
LTC
2450
LTC Properties
LTC
$2.18B
| $255K | ﹤0.01% |
8,239
-20,776
| -72% | -$888K |
|
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.