13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q3 2020. See the latest, Q2 2026 →
Reported value
$28.17B
+40% on the quarter before
Positions
3,013
918 new · 786 sold out
Top 10
9.2%
of the value
Est. gain
+$521.0M
on stocks held all quarter
Est. return
+4.6%
on those stocks since Q2 2020
Positions as of Sep 30, 2020, 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, 20% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2020. Striped tiles are options.
Largest buys
Since Q2 2020, 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.
- Costco Whsl Corp New~$254.5MNew · 0.0% → 0.9%+716,888 shares
- PayPal~$239.2MNew · 0.0% → 0.8%+1,213,851 shares
- Mcdonalds Corp~$235.5MNew · 0.0% → 0.8%+1,072,939 shares
- Walmart Inc~$226.2MNew · 0.0% → 0.8%+1,617,089 shares
- Wells Fargo Co New~$196.0MAdded · 0.0% → 0.7%+8,335,005 shares
- Cisco~$195.0MAdded · 0.3% → 0.9%+4,950,737 shares
- Zoom~$193.3MNew · 0.0% → 0.7%+411,285 shares
- Oracle~$191.5MAdded · 0.1% → 0.7%+3,208,218 shares
- Microsoft~$185.4MAdded · 0.2% → 0.8%+881,343 shares
- Walt Disney Company (The)~$183.0MAdded · 0.0% → 0.7%+1,474,861 shares
Largest sells
Since Q2 2020, 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.
- Amazon~$248.9MSold out · 1.2% → 0.0%−90,224 shares
- Procter And Gamble Co~$225.1MCut · 1.1% → 0.1%−1,619,467 shares
- Charter Communications Inc N~$214.0MCut · 1.1% → 0.2%−342,786 shares
- Qualcomm~$201.4MCut · 1.1% → 0.3%−1,711,424 shares
- Meta~$166.7MCut · 0.8% → 0.1%−636,655 shares
- Intel~$141.0MCut · 1.0% → 0.1%−2,722,955 shares
- Dollar Gen Corp New~$131.4MCut · 0.6% → 0.0%−626,707 shares
- Alibaba~$123.1MCut · 0.5% → 0.0%−418,888 shares
- Nike Inc~$119.3MCut · 0.6% → 0.2%−950,539 shares
- Honeywell Technologies~$111.2MCut · 0.5% → 0.0%−675,370 shares
Holdings
As of Sep 30, 2020. Changes are in shares against Jun 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Home Depot IncCOM · shares +2.4% · price +10.9% | 1.0% | $287.6M | +$27.5M | ||||||||
| Target CorpCOM · shares −12% · price +31.3% | 1.0% | $284.0M | +$67.6M | ||||||||
| Merck & Co. IncCOM · shares +59% · price +7.3% | 0.95% | $267.1M | +$11.4M | ||||||||
| Lowes Cos IncCOM · shares −14% · price +22.8% | 0.94% | $264.6M | +$49.0M | ||||||||
| CrowdStrikeCL A · shares +1.9% · price +36.9% | 0.93% | $261.2M | +$69.1M | ||||||||
| Costco Whsl Corp NewCOM · shares New | 0.90% | $254.5M | — | ||||||||
| Pfizer IncCOM · shares −5.4% · price +12.2% | 0.89% | $251.6M | +$27.4M | ||||||||
| Abbvie IncCOM · shares +60% · price −10.8% | 0.89% | $250.4M | −$18.9M | ||||||||
| CiscoCOM · shares +427% · price −15.5% | 0.85% | $240.7M | −$8.4M | ||||||||
| Verizon Communications IncCOM · shares +15% · price +7.9% | 0.85% | $240.1M | +$15.3M | ||||||||
| PayPalCOM · shares New | 0.85% | $239.2M | — | ||||||||
| Mcdonalds CorpCOM · shares New | 0.84% | $235.5M | — | ||||||||
| Walmart IncCOM · shares New | 0.80% | $226.2M | — | ||||||||
| Pepsico IncCOM · shares +14% · price +4.8% | 0.79% | $222.4M | +$8.9M | ||||||||
| Chevron Corp NewCOM · shares +358% · price −19.3% | 0.78% | $220.8M | −$11.5M | ||||||||
| MicrosoftCOM · shares +559% · price +3.4% | 0.78% | $218.5M | +$1.1M | ||||||||
| OracleCOM · shares +1,165% · price +8.0% | 0.74% | $208.0M | +$1.2M | ||||||||
| Wayfair IncCL A · shares +1.2% · price +47.3% | 0.74% | $207.8M | +$65.9M | ||||||||
| Wells Fargo Co NewCOM · shares +19,535% · price −8.1% | 0.70% | $197.0M | −$88,923 | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +0.3% · price +8.6% | 0.70% | $195.9M | +$15.5M | ||||||||
| Best Buy IncCOM · shares +243% · price +27.5% | 0.69% | $194.3M | +$12.2M | ||||||||
| ZoomCL A · shares New | 0.69% | $193.3M | — | ||||||||
| Walt Disney Company (The)COM DISNEY · shares +3,820% · price +11.3% | 0.67% | $187.8M | +$484,984 | ||||||||
| Danaher CorporationCOM · shares +3,149% · price +21.8% | 0.66% | $186.9M | +$1.0M | ||||||||
| Clorox Co DelCOM · shares +1,427% · price −4.2% | 0.66% | $185.0M | −$530,079 | ||||||||
| Total · 3,013 positions | 100% | $28.17B | +$521.0M |
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 Q2 2020 to Q3 2020: 1,331 stocks held throughout, up $521.0M (+4.6%).
- CrowdStrike+$69.1M+37%
- Target Corp+$67.6M+31%
- Wayfair Inc+$65.9M+47%
- Lowes Cos Inc+$49.0M+23%
- Rh+$29.5M+54%
- Chevron Corp New−$11.5M−19%
- Overstock Com Inc Del1:6 split−$11.7M−57%
- Apple−$16.2M−68%
- Abbvie Inc−$18.9M−11%
- Tesla−$122.6M−60%
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 ↗ |