13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q4 2020. See the latest, Q2 2026 →
Reported value
$34.85B
+24% on the quarter before
Positions
3,275
969 new · 707 sold out
Top 10
7.4%
of the value
Est. gain
+$2.18B
on stocks held all quarter
Est. return
+14.5%
on those stocks since Q3 2020
Positions as of Dec 31, 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, 17% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2020. Striped tiles are options.
Largest buys
Since Q3 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.
- Nvidia~$250.6MAdded · 0.0% → 0.7%+479,812 shares
- Boston Scientific Corp~$226.9MNew · 0.0% → 0.7%+6,312,819 shares
- Amazon~$224.4MNew · 0.0% → 0.6%+68,913 shares
- Meta~$223.9MAdded · 0.1% → 0.7%+819,718 shares
- Netflix~$219.0MAdded · 0.0% → 0.6%+404,936 shares
- S&P Global Inc~$213.9MAdded · 0.0% → 0.6%+650,563 shares
- Snap~$203.2MAdded · 0.1% → 0.7%+4,057,633 shares
- Procter And Gamble Co~$193.3MAdded · 0.1% → 0.7%+1,389,165 shares
- Invesco Qqq Tr~$192.0MAdded · 0.1% → 0.6%+611,953 shares
- Pinterest Inc~$189.9MAdded · 0.1% → 0.7%+2,882,296 shares
Largest sells
Since Q3 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.
- Pfizer Inc~$251.6MSold out · 0.9% → 0.0%−6,855,513 shares
- PayPal~$239.2MSold out · 0.8% → 0.0%−1,213,851 shares
- Chevron Corp New~$214.4MCut · 0.8% → 0.1%−2,538,968 shares
- Walt Disney Company (The)~$187.8MSold out · 0.7% → 0.0%−1,513,473 shares
- Etsy Inc~$169.8MCut · 0.6% → 0.3%−954,686 shares
- Danaher Corporation~$139.5MCut · 0.7% → 0.2%−628,093 shares
- CrowdStrike~$136.3MCut · 0.9% → 0.8%−643,707 shares
- Best Buy Inc~$135.3MCut · 0.7% → 0.1%−1,356,118 shares
- Intuit~$134.5MCut · 0.4% → 0.0%−353,920 shares
- Automatic Data Processing~$134.3MCut · 0.6% → 0.2%−762,253 shares
Holdings
As of Dec 31, 2020. Changes are in shares against Sep 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Target CorpCOM · shares −12% · price +12.1% | 0.80% | $279.3M | +$30.2M | ||||||||
| CrowdStrikeCL A · shares −34% · price +54.3% | 0.76% | $266.5M | +$93.7M | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +19% · price +11.6% | 0.75% | $260.2M | +$22.8M | ||||||||
| Home Depot IncCOM · shares −6.2% · price −4.4% | 0.74% | $258.0M | −$11.7M | ||||||||
| Mcdonalds CorpCOM · shares +11% · price −2.2% | 0.74% | $256.3M | −$5.3M | ||||||||
| Visa Inc.COM CL A · shares +59% · price +9.4% | 0.73% | $254.4M | +$13.7M | ||||||||
| NvidiaCOM · shares +6,925% · price −3.5% | 0.73% | $254.2M | −$131,678 | ||||||||
| OracleCOM · shares +13% · price +8.4% | 0.73% | $254.0M | +$17.4M | ||||||||
| Abbvie IncCOM · shares −17% · price +22.3% | 0.73% | $253.3M | +$46.2M | ||||||||
| SnapCL A · shares +443% · price +91.8% | 0.71% | $249.0M | +$22.0M | ||||||||
| Merck & Co. IncCOM · shares −5.6% · price −1.4% | 0.71% | $248.7M | −$3.5M | ||||||||
| CiscoCOM · shares −11% · price +13.6% | 0.70% | $244.2M | +$29.3M | ||||||||
| MetaCL A · shares +1,116% · price +4.3% | 0.70% | $244.0M | +$826,867 | ||||||||
| Lockheed Martin CorpCOM · shares +212% · price −7.4% | 0.70% | $242.7M | −$6.2M | ||||||||
| Peloton Interactive IncCL A COM · shares +165% · price +52.9% | 0.69% | $240.8M | +$31.4M | ||||||||
| Pinterest IncCL A · shares +425% · price +58.8% | 0.67% | $234.7M | +$16.6M | ||||||||
| Procter And Gamble CoCOM · shares +537% · price +0.1% | 0.66% | $229.3M | +$39,183 | ||||||||
| Boston Scientific CorpCOM · shares New | 0.65% | $226.9M | — | ||||||||
| NetflixCOM · shares +3,788% · price +8.1% | 0.64% | $224.7M | +$434,865 | ||||||||
| Clorox Co DelCOM · shares +26% · price −3.9% | 0.64% | $224.5M | −$7.3M | ||||||||
| AmazonCOM · shares New | 0.64% | $224.4M | — | ||||||||
| Lowes Cos IncCOM · shares −13% · price −3.2% | 0.64% | $222.0M | −$7.4M | ||||||||
| S&P Global IncCOM · shares +3,109% · price −8.8% | 0.63% | $220.7M | −$666,970 | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares +687% · price +12.9% | 0.63% | $219.9M | +$3.2M | ||||||||
| Kimberly-Clark CorpCOM · shares +32% · price −8.7% | 0.61% | $212.7M | −$15.3M | ||||||||
| Total · 3,275 positions | 100% | $34.85B | +$2.18B |
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 Q3 2020 to Q4 2020: 1,338 stocks held throughout, up $2.18B (+14.5%).
- Nio Inc+$93.9M+130%
- CrowdStrike+$93.7M+54%
- Tapestry Inc+$53.4M+99%
- Farfetch Ltd+$46.5M+154%
- Abbvie Inc+$46.2M+22%
- Kimberly-Clark Corp−$15.3M−9%
- Mccormick & Co Inc−$23.1M−51%
- Wayfair Inc−$46.6M−22%
- Zoom−$54.6M−28%
- Tesla1:6 split−$71.7M−73%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 18 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 ↗ |