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 |
Alphabet (Google) Class A
GOOGL
|
+$244M |
| 2 |
Enphase Energy
ENPH
|
+$229M |
| 3 |
GSK
GSK
|
+$223M |
| 4 |
Accenture
ACN
|
+$209M |
| 5 |
Citigroup
C
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$294M |
| 2 |
Amazon
AMZN
|
+$272M |
| 3 |
PayPal
PYPL
|
+$271M |
| 4 |
Bank of America
BAC
|
+$225M |
| 5 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.52% |
| 2 | Healthcare | 13.7% |
| 3 | Financials | 9.76% |
| 4 | Industrials | 8.72% |
| 5 | Consumer Discretionary | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Invesco QQQ Trust
QQQ
$486B
| $356M | 1.21% |
1,330,497
+179,315
| +16% | +$54.1M |
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $351M | 1.19% |
982,138
+308,415
| +46% | +$122M |
|
3
Visa
V
$693B
| $248M | 0.84% |
1,398,008
+142,765
| +11% | +$29.1M |
|
4
Microsoft
MSFT
$3.59T
| $248M | 0.84% |
1,066,001
+158,272
| +17% | +$41.8M |
|
5
Adobe
ADBE
$109B
| $240M | 0.82% |
873,598
+255,814
| +41% | +$96.8M |
|
|
6
Enphase Energy
ENPH
$5.1B
| $235M | 0.8% |
+848,333
| New | +$229M |
|
7
Intel
INTC
$476B
| $235M | 0.8% |
9,132,614
+5,085,561
| +126% | +$173M |
|
8
Procter & Gamble
PG
$336B
| $234M | 0.8% |
1,855,919
+970,614
| +110% | +$138M |
|
9
Meta Platforms (Facebook)
META
$1.4T
| $234M | 0.8% |
1,724,992
+183,510
| +12% | +$29.7M |
|
10
TSMC
TSM
$2.17T
| $226M | 0.77% |
3,303,299
+802,405
| +32% | +$66.3M |
|
11
JPMorgan Chase
JPM
$935B
| $226M | 0.77% |
2,159,540
+302,361
| +16% | +$34.7M |
|
12
Cisco
CSCO
$438B
| $226M | 0.77% |
5,638,577
+1,023,979
| +22% | +$45.4M |
|
13
Airbnb
ABNB
$110B
| $221M | 0.75% |
2,103,807
-130,596
| -6% | -$14.5M |
|
14
Gilead Sciences
GILD
$181B
| $220M | 0.75% |
3,560,939
+355,044
| +11% | +$22.4M |
|
15
Johnson & Johnson
JNJ
$651B
| $217M | 0.74% |
1,327,820
+557,838
| +72% | +$94.4M |
|
|
16
Alphabet (Google) Class A
GOOGL
$4.22T
| $210M | 0.71% |
+2,198,196
| New | +$244M |
|
|
17
GSK
GSK
$105B
| $210M | 0.71% |
7,137,574
+5,872,980
| +464% | +$223M |
|
18
Amgen
AMGN
$238B
| $210M | 0.71% |
930,235
+126,402
| +16% | +$30.6M |
|
19
CSX Corp
CSX
$95.6B
| $201M | 0.68% |
7,544,218
-561,991
| -7% | -$17.5M |
|
20
Union Pacific
UNP
$183B
| $196M | 0.67% |
1,006,616
+2,064
| +0.2% | +$457K |
|
|
21
Accenture
ACN
$113B
| $192M | 0.65% |
747,761
+722,252
| +2,831% | +$209M |
|
22
Lockheed Martin
LMT
$130B
| $187M | 0.64% |
484,636
-39,135
| -7% | -$16.3M |
|
23
EQT Corp
EQT
$33.6B
| $185M | 0.63% |
4,539,910
-964,895
| -18% | -$41.8M |
|
|
PCGU
24
DELISTED
PG&E Corporation
PCGU
| $184M | 0.63% |
1,613,308
+410,308
| +34% | +$44.9M |
|
25
Medtronic
MDT
$119B
| $184M | 0.62% |
2,277,174
-309,647
| -12% | -$27.8M |
|
Similar funds
John Overdeck's Q3 2022 Portfolio in Review
As of Q3 2022, John Overdeck held 3,036 positions worth $29.4B, down 2.9% from $30.3B the previous quarter. Its ten largest holdings account for 8.9% of the portfolio.
John Overdeck's Q3 2022 filing shows 582 new, 766 increased, 960 reduced and 600 closed positions. Its largest new stake was Alphabet (Google) Class A: 2,198,196 shares worth $210M. The largest sale was Netflix, an estimated $294M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Healthcare and Financials.
- John Overdeck's largest Q3 2022 buy was Alphabet (Google) Class A: 2,198,196 shares worth $210M.
- John Overdeck added most to GSK in Q3 2022, an estimated $223M increase.
- John Overdeck's biggest Q3 2022 reduction was Netflix, cutting an estimated $294M.
- John Overdeck fully exited Bank of America in Q3 2022, selling an estimated $225M.
- John Overdeck's ten largest holdings make up 8.9% of its $29.4B portfolio in Q3 2022.
- John Overdeck opened 582 new positions and closed 600 in Q3 2022.
- John Overdeck's portfolio value fell 2.9% quarter-over-quarter to $29.4B.
Based on Two Sigma Investments's 13F filing for Q3 2022, filed 14 Nov 2022.