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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$976M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$219M |
| 3 |
Humana
HUM
|
+$215M |
| 4 |
Pinterest
PINS
|
+$214M |
| 5 |
Snowflake
SNOW
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$301M |
| 2 |
Tesla
TSLA
|
+$254M |
| 3 |
Nike
NKE
|
+$248M |
| 4 |
Procter & Gamble
PG
|
+$233M |
| 5 |
Pfizer
PFE
|
+$232M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.09% |
| 2 | Financials | 10.23% |
| 3 | Consumer Discretionary | 10.17% |
| 4 | Healthcare | 10.17% |
| 5 | Industrials | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.35B | 3.09% |
2,833,221
+2,190,427
| +341% | +$976M |
|
|
2
Invesco QQQ Trust
QQQ
$486B
| $553M | 1.27% |
1,350,337
+577,355
| +75% | +$219M |
|
3
Microsoft
MSFT
$3.59T
| $279M | 0.64% |
742,502
+2,239
| +0.3% | +$797K |
|
4
NVIDIA
NVDA
$5.2T
| $276M | 0.63% |
5,567,230
-306,630
| -5% | -$14.2M |
|
5
Micron Technology
MU
$1.09T
| $275M | 0.63% |
3,220,332
+659,959
| +26% | +$49M |
|
6
Netflix
NFLX
$331B
| $270M | 0.62% |
5,549,570
-1,100,890
| -17% | -$48.1M |
|
7
Apple
AAPL
$4.51T
| $266M | 0.61% |
1,381,235
+108,364
| +9% | +$20M |
|
8
Visa
V
$693B
| $266M | 0.61% |
1,020,969
-67,407
| -6% | -$16.6M |
|
9
PayPal
PYPL
$52.7B
| $264M | 0.61% |
4,306,901
+1,074,686
| +33% | +$61.6M |
|
|
10
Pinterest
PINS
$13.3B
| $263M | 0.6% |
7,092,179
+6,823,828
| +2,543% | +$214M |
|
11
Rivian
RIVN
$24.6B
| $258M | 0.59% |
10,977,494
+5,275,409
| +93% | +$99.2M |
|
12
Alphabet (Google) Class A
GOOGL
$4.22T
| $255M | 0.59% |
1,824,580
-38,761
| -2% | -$5.21M |
|
13
Bristol-Myers Squibb
BMY
$137B
| $251M | 0.58% |
4,897,656
+835,524
| +21% | +$43.9M |
|
14
Meta Platforms (Facebook)
META
$1.4T
| $251M | 0.58% |
709,694
+53,474
| +8% | +$17.4M |
|
15
Amazon
AMZN
$2.79T
| $247M | 0.57% |
1,622,359
+726,854
| +81% | +$102M |
|
16
General Motors
GM
$77.2B
| $244M | 0.56% |
6,791,943
+1,385,775
| +26% | +$42.9M |
|
17
Merck
MRK
$376B
| $243M | 0.56% |
2,227,519
+1,329,341
| +148% | +$138M |
|
|
18
Snowflake
SNOW
$115B
| $242M | 0.56% |
1,215,283
+1,204,387
| +11,053% | +$204M |
|
|
XYZ
19
Block Inc
XYZ
$49.4B
| $239M | 0.55% |
3,094,876
+1,460,619
| +89% | +$82.6M |
|
20
Carnival Corporation Ltd
CCL
$35.2B
| $234M | 0.54% |
12,640,829
+35,180
| +0.3% | +$511K |
|
21
UnitedHealth
UNH
$350B
| $232M | 0.53% |
441,355
+321,146
| +267% | +$171M |
|
22
Mastercard
MA
$509B
| $232M | 0.53% |
544,629
+149,584
| +38% | +$60.1M |
|
23
Costco
COST
$420B
| $229M | 0.53% |
347,674
+129,186
| +59% | +$76.6M |
|
24
Lockheed Martin
LMT
$130B
| $229M | 0.53% |
506,338
-35,127
| -6% | -$15.6M |
|
25
General Mills
GIS
$21.4B
| $221M | 0.51% |
3,398,251
+3,149,899
| +1,268% | +$203M |
|
Similar funds
John Overdeck's Q4 2023 Portfolio in Review
As of Q4 2023, John Overdeck held 3,484 positions worth $43.5B, up 17% from $37.2B the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.
John Overdeck's Q4 2023 filing shows 550 new, 1,237 increased, 1,116 reduced and 366 closed positions. Its largest new stake was Becton Dickinson: 732,254 shares worth $179M. The largest sale was Palantir, an estimated $301M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Consumer Discretionary.
- John Overdeck's largest Q4 2023 buy was Becton Dickinson: 732,254 shares worth $179M.
- John Overdeck added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $976M increase.
- John Overdeck's biggest Q4 2023 reduction was Palantir, cutting an estimated $301M.
- John Overdeck fully exited Tesla in Q4 2023, selling an estimated $254M.
- John Overdeck's ten largest holdings make up 9.3% of its $43.5B portfolio in Q4 2023.
- John Overdeck opened 550 new positions and closed 366 in Q4 2023.
- John Overdeck's portfolio value rose 17% quarter-over-quarter to $43.5B.
Based on Two Sigma Investments's 13F filing for Q4 2023, filed 14 Feb 2024.