13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q1 2019. See the latest, Q2 2026 →
Reported value
$30.85B
+21% on the quarter before
Positions
2,965
812 new · 754 sold out
Top 10
6.1%
of the value
Est. gain
+$1.96B
on stocks held all quarter
Est. return
+14.8%
on those stocks since Q4 2018
Positions as of Mar 31, 2019, from Two Sigma's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 14% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2018. Striped tiles are options.
Largest buys
Since Q4 2018, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Abbvie Inc~$183.9MAdded · 0.0% → 0.6%+2,282,042 shares
- Chipotle Mexican Grill Inc~$183.1MAdded · 0.0% → 0.6%+257,704 shares
- Dollar Gen Corp New~$175.5MNew · 0.0% → 0.6%+1,470,962 shares
- Walmart Inc~$173.3MAdded · 0.0% → 0.6%+1,776,622 shares
- Amazon~$173.1MNew · 0.0% → 0.6%+97,201 shares
- Bristol Myers Squibb Co~$157.0MAdded · 0.1% → 0.6%+3,291,232 shares
- Citigroup Inc~$140.3MAdded · 0.1% → 0.6%+2,255,630 shares
- Encana Corp~$137.5MAdded · 0.1% → 0.6%+18,986,605 shares
- Palo Alto Networks~$124.8MAdded · 0.1% → 0.5%+513,735 shares
- Darden Restaurants Inc~$116.9MNew · 0.0% → 0.4%+961,995 shares
Largest sells
Since Q4 2018, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Netflix~$249.8MCut · 0.7% → 0.0%−700,542 shares
- Select Sector SPDR Tr~$192.4MCut · 0.7% → 0.1%−2,909,567 shares
- Philip Morris Intl Inc~$175.1MCut · 0.6% → 0.0%−1,980,744 shares
- Boeing Co~$168.9MSold out · 0.7% → 0.0%−523,863 shares
- Tjx Cos Inc New~$168.7MCut · 0.6% → 0.0%−3,169,846 shares
- Emerson Electric~$154.4MCut · 0.6% → 0.0%−2,255,472 shares
- Intel~$154.1MCut · 0.5% → 0.0%−2,870,177 shares
- Electronic Arts Inc~$152.8MCut · 0.7% → 0.2%−1,503,165 shares
- Advance Auto Parts Inc~$147.2MSold out · 0.6% → 0.0%−934,980 shares
- Carnival Corp~$147.1MCut · 0.6% → 0.0%−2,900,994 shares
Holdings
As of Mar 31, 2019. Changes are in shares against Dec 31, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fidelity Natl Information SvCOM · shares +125% · price +10.3% | 0.63% | $193.9M | +$8.1M | ||||||||
| Chipotle Mexican Grill IncCOM · shares +2,057% · price +64.5% | 0.62% | $192.0M | +$3.5M | ||||||||
| Ebay IncCOM · shares +7.3% · price +32.3% | 0.62% | $190.0M | +$43.2M | ||||||||
| Mcdonalds CorpCOM · shares +6.4% · price +6.9% | 0.61% | $188.5M | +$11.5M | ||||||||
| Yum Brands IncCOM · shares −7.2% · price +8.6% | 0.60% | $186.0M | +$14.7M | ||||||||
| Starbucks CorpCOM · shares −8.3% · price +15.4% | 0.60% | $185.9M | +$24.9M | ||||||||
| Bristol Myers Squibb CoCOM · shares +555% · price −8.2% | 0.60% | $185.3M | −$2.5M | ||||||||
| Abbvie IncCOM · shares +19,717% · price −12.6% | 0.60% | $184.8M | −$134,249 | ||||||||
| Gilead Sciences IncCOM · shares +51% · price +3.9% | 0.60% | $183.6M | +$4.6M | ||||||||
| Ulta Beauty IncCOM · shares +99% · price +42.4% | 0.59% | $182.7M | +$27.3M | ||||||||
| Dollar Tree IncCOM · shares +155% · price +16.3% | 0.58% | $178.3M | +$9.8M | ||||||||
| TeslaCOM · shares +167% · price −15.9% | 0.58% | $177.6M | −$12.6M | ||||||||
| Dollar Gen Corp NewCOM · shares New | 0.57% | $175.5M | — | ||||||||
| Walmart IncCOM · shares +12,418% · price +4.7% | 0.57% | $174.7M | +$62,359 | ||||||||
| AmazonCOM · shares New | 0.56% | $173.1M | — | ||||||||
| Encana CorpCOM · shares +388% · price +25.3% | 0.56% | $172.9M | +$7.1M | ||||||||
| Citigroup IncCOM NEW · shares +450% · price +19.5% | 0.56% | $171.5M | +$5.1M | ||||||||
| Comcast Corp NewCL A · shares +98% · price +17.4% | 0.55% | $170.2M | +$12.8M | ||||||||
| Pepsico IncCOM · shares +125% · price +10.9% | 0.53% | $163.2M | +$7.1M | ||||||||
| Celgene CorpCOM · shares −16% · price +47.2% | 0.52% | $161.8M | +$51.9M | ||||||||
| Sba Communications Corp NewCL A · shares +1.6% · price +23.3% | 0.52% | $160.2M | +$29.9M | ||||||||
| Royal Caribbean Cruises LtdCOM · shares +48% · price +17.2% | 0.51% | $156.6M | +$15.5M | ||||||||
| Valero Energy Corp NewCOM · shares −13% · price +13.2% | 0.50% | $153.1M | +$17.8M | ||||||||
| Hilton Worldwide Hldgs IncCOM · shares +246% · price +15.8% | 0.49% | $152.4M | +$6.0M | ||||||||
| Wayfair IncCL A · shares +277% · price +64.8% | 0.48% | $149.6M | +$15.6M | ||||||||
| Total · 2,965 positions | 100% | $30.85B | +$1.96B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2018 to Q1 2019: 1,576 stocks held throughout, up $1.96B (+14.8%).
- Celgene Corp+$51.9M+47%
- Ebay Inc+$43.2M+32%
- Masco Corp+$32.0M+34%
- Cyberark Software Ltd+$30.0M+61%
- Sba Communications Corp New+$29.9M+23%
- Centene Corp Del−$9.0M−54%
- Macys Inc−$9.9M−19%
- Momo Inc1:55 split−$11.6M−97%
- Tesla−$12.6M−16%
- Pg&E Corp−$12.7M−25%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 12 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $138.12B+11% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $123.93B+75% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $70.90B+6% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $67.17B+19% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $56.47B+21% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $46.79B+2% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $45.85B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $45.63B+4% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $43.90B+3% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $42.61B−2% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $43.54B+17% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $37.17B−7% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $39.87B+14% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $34.99B+10% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $31.85B+8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $29.43B−3% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $30.30B−11% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $33.88B−28% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $46.81B+5% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $44.75B+1% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $44.08B+15% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $38.44B+10% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $34.85B+24% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $28.17B+40% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $20.19B+64% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $12.28B−63% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $33.24B+12% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $29.72B−1% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $29.90B−3% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $30.85B+21% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $25.54B−30% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $36.69B+9% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $33.54B+12% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $30.04B−2% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $30.72B+9% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $28.21B+2% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $27.64B−7% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $29.70B+14% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $26.08B−5% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $27.59B+18% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $23.29B+11% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $20.99B | SEC ↗ |