13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q1 2021. See the latest, Q2 2026 →
Reported value
$38.44B
+10% on the quarter before
Positions
3,749
1,167 new · 693 sold out
Top 10
6.7%
of the value
Est. gain
+$1.29B
on stocks held all quarter
Est. return
+7.3%
on those stocks since Q4 2020
Positions as of Mar 31, 2021, 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, 15% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2020. Striped tiles are options.
Largest buys
Since Q4 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.
- Roku Inc~$265.2MNew · 0.0% → 0.7%+814,202 shares
- Pfizer Inc~$256.5MNew · 0.0% → 0.7%+7,081,050 shares
- AT&T~$237.2MAdded · 0.0% → 0.6%+7,835,187 shares
- Splunk Inc~$229.9MNew · 0.0% → 0.6%+1,696,963 shares
- Apple~$213.4MAdded · 0.1% → 0.6%+1,746,979 shares
- Medtronic Plc~$208.7MAdded · 0.0% → 0.5%+1,766,751 shares
- United Parcel Service Inc~$200.9MNew · 0.0% → 0.5%+1,182,039 shares
- Mondelez Intl Inc~$196.6MAdded · 0.1% → 0.6%+3,359,091 shares
- Canadian Natl Ry Co~$172.4MAdded · 0.0% → 0.5%+1,486,359 shares
- Honeywell Technologies~$172.1MAdded · 0.2% → 0.6%+792,857 shares
Largest sells
Since Q4 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.
- Bk Of America Corp~$266.3MCut · 0.6% → 0.0%−6,883,234 shares
- Wells Fargo Co New~$262.2MCut · 0.6% → 0.0%−6,709,108 shares
- Oracle~$254.2MCut · 0.7% → 0.1%−3,622,981 shares
- Home Depot Inc~$250.3MCut · 0.7% → 0.1%−820,086 shares
- Peloton Interactive Inc~$240.8MSold out · 0.7% → 0.0%−1,586,825 shares
- Procter And Gamble Co~$229.3MSold out · 0.7% → 0.0%−1,647,783 shares
- Netflix~$224.7MSold out · 0.6% → 0.0%−415,625 shares
- Boston Scientific Corp~$222.0MCut · 0.7% → 0.1%−5,744,377 shares
- Nvidia~$217.8MCut · 0.7% → 0.1%−407,899 shares
- S&P Global Inc~$215.1MCut · 0.6% → 0.1%−609,656 shares
Holdings
As of Mar 31, 2021. Changes are in shares against Dec 31, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrTR UNIT · shares +7.0% · price +6.0% | 0.77% | $295.1M | +$15.6M | ||||||||
| Johnson & JohnsonCOM · shares +121% · price +4.4% | 0.70% | $268.6M | +$5.1M | ||||||||
| Roku IncCOM CL A · shares New | 0.69% | $265.2M | — | ||||||||
| Abbvie IncCOM · shares +1.5% · price +1.0% | 0.68% | $259.7M | +$2.5M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares +15% · price +1.7% | 0.67% | $257.0M | +$3.8M | ||||||||
| Pfizer IncCOM · shares New | 0.67% | $256.5M | — | ||||||||
| Mcdonalds CorpCOM · shares −7.6% · price +4.5% | 0.64% | $247.4M | +$10.6M | ||||||||
| AmazonCOM · shares +15% · price −5.0% | 0.64% | $245.0M | −$11.2M | ||||||||
| Citigroup IncCOM NEW · shares +12% · price +18.0% | 0.63% | $243.4M | +$33.2M | ||||||||
| Aon PlcSHS CL A · shares +40% · price +8.9% | 0.63% | $243.1M | +$14.2M | ||||||||
| Coca Cola CoCOM · shares +24% · price −3.9% | 0.63% | $241.1M | −$7.9M | ||||||||
| AT&TCOM · shares +28,407% · price +5.3% | 0.62% | $238.0M | +$41,907 | ||||||||
| AppleCOM · shares +868% · price −7.9% | 0.62% | $238.0M | −$2.1M | ||||||||
| Verizon Communications IncCOM · shares +29% · price −1.0% | 0.62% | $237.7M | −$1.9M | ||||||||
| MicrosoftCOM · shares +22% · price +6.0% | 0.61% | $232.6M | +$10.8M | ||||||||
| Splunk IncCOM · shares New | 0.60% | $229.9M | — | ||||||||
| Visa Inc.COM CL A · shares −7.7% · price −3.2% | 0.59% | $227.2M | −$7.5M | ||||||||
| Oreilly Automotive IncCOM · shares +34% · price +12.1% | 0.59% | $227.1M | +$18.3M | ||||||||
| Honeywell TechnologiesCOM · shares +315% · price +2.1% | 0.59% | $226.7M | +$1.1M | ||||||||
| Vmware IncCL A COM · shares +37% · price +7.3% | 0.59% | $226.6M | +$11.2M | ||||||||
| IBMCOM · shares +13% · price +5.9% | 0.58% | $224.8M | +$11.0M | ||||||||
| Wayfair IncCL A · shares −9.0% · price +39.4% | 0.57% | $218.4M | +$61.7M | ||||||||
| Kimberly-Clark CorpCOM · shares −0.6% · price +3.1% | 0.57% | $217.9M | +$6.6M | ||||||||
| Mondelez Intl IncCL A · shares +930% · price +0.1% | 0.57% | $217.7M | +$21,963 | ||||||||
| AMDCOM · shares +47% · price −14.4% | 0.57% | $217.4M | −$25.0M | ||||||||
| Total · 3,749 positions | 100% | $38.44B | +$1.29B |
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 2020 to Q1 2021: 1,535 stocks held throughout, up $1.29B (+7.3%).
- Wayfair Inc+$61.7M+39%
- L Brands Inc+$38.0M+66%
- Ford Mtr Co Del+$37.3M+39%
- American Airls Group Inc+$37.0M+52%
- Alcoa Corp+$33.5M+41%
- Zscaler−$19.7M−14%
- CrowdStrike−$22.0M−14%
- AMD−$25.0M−14%
- New Oriental Ed & Technology−$27.9M−92%
- Nio Inc−$37.2M−20%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 10 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 ↗ |