13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q1 2022. See the latest, Q2 2026 →
Reported value
$33.88B
−28% on the quarter before
Positions
2,540
666 new · 2,315 sold out
Top 10
7.2%
of the value
Est. gain
−$992.2M
on stocks held all quarter
Est. return
−4.8%
on those stocks since Q4 2021
Positions as of Mar 31, 2022, 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, 16% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2021. Striped tiles are options.
Largest buys
Since Q4 2021, 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.
- Occidental Pete Corp~$248.7MAdded · 0.0% → 0.8%+4,384,017 shares
- Cisco~$223.1MNew · 0.0% → 0.7%+4,001,362 shares
- Jpmorgan Chase & Co~$196.0MAdded · 0.1% → 0.6%+1,437,642 shares
- Apple~$186.4MAdded · 0.0% → 0.6%+1,067,555 shares
- TSMC~$181.7MAdded · 0.0% → 0.6%+1,743,044 shares
- Pepsico Inc~$155.7MNew · 0.0% → 0.5%+930,236 shares
- Adobe~$150.4MNew · 0.0% → 0.4%+329,996 shares
- DocuSign~$147.8MAdded · 0.0% → 0.5%+1,379,434 shares
- AT&T~$145.0MNew · 0.0% → 0.4%+6,135,637 shares
- Zoom~$142.5MAdded · 0.3% → 0.7%+1,215,497 shares
Largest sells
Since Q4 2021, 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~$271.1MSold out · 0.6% → 0.0%−4,590,528 shares
- Microsoft~$266.7MSold out · 0.6% → 0.0%−793,060 shares
- Canadian Pac Ry Ltd~$255.4MSold out · 0.5% → 0.0%−3,550,234 shares
- Coca Cola Co~$229.2MCut · 0.6% → 0.2%−3,696,882 shares
- Thermo Fisher Scientific Inc~$226.3MSold out · 0.5% → 0.0%−339,085 shares
- Chevron Corp New~$209.0MCut · 0.3% → 0.0%−1,283,826 shares
- Lowes Cos Inc~$192.2MSold out · 0.4% → 0.0%−743,473 shares
- Twitter Inc~$188.3MCut · 0.5% → 0.0%−4,867,168 shares
- Blackstone Inc~$186.1MSold out · 0.4% → 0.0%−1,438,217 shares
- Ihs Markit Ltd~$185.1MSold out · 0.4% → 0.0%−1,392,485 shares
Holdings
As of Mar 31, 2022. Changes are in shares against Dec 31, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Occidental Pete CorpCOM · shares +997% · price +95.7% | 0.81% | $273.7M | +$12.2M | ||||||||
| TeslaCOM · shares +75% · price +2.0% | 0.77% | $259.7M | +$2.9M | ||||||||
| Amgen IncCOM · shares +5.3% · price +7.5% | 0.75% | $252.8M | +$16.7M | ||||||||
| Merck & Co IncCOM · shares +2.2% · price +7.1% | 0.72% | $243.8M | +$15.7M | ||||||||
| ZoomCL A · shares +146% · price −36.3% | 0.71% | $240.0M | −$55.4M | ||||||||
| Charter Communications Inc NCL A · shares +15% · price −16.3% | 0.70% | $236.1M | −$40.2M | ||||||||
| DatadogCL A COM · shares +15% · price −15.0% | 0.69% | $234.1M | −$35.8M | ||||||||
| S&P Global IncCOM · shares +6.0% · price −13.1% | 0.69% | $233.1M | −$33.1M | ||||||||
| AirbnbCOM CL A · shares −11% · price +3.2% | 0.69% | $232.2M | +$7.1M | ||||||||
| Zoetis IncCL A · shares +109% · price −22.7% | 0.68% | $229.1M | −$32.3M | ||||||||
| Citigroup IncCOM NEW · shares +4.3% · price −11.6% | 0.67% | $226.0M | −$28.4M | ||||||||
| Csx CorpCOM · shares +15% · price −0.4% | 0.66% | $224.3M | −$782,516 | ||||||||
| QualcommCOM · shares +124% · price −16.4% | 0.66% | $223.8M | −$19.6M | ||||||||
| CiscoCOM · shares New | 0.66% | $223.1M | — | ||||||||
| Honeywell TechnologiesCOM · shares −0.7% · price −6.7% | 0.66% | $222.9M | −$16.0M | ||||||||
| Jpmorgan Chase & CoCOM · shares +923% · price −13.9% | 0.64% | $217.2M | −$3.4M | ||||||||
| Bristol-Myers Squibb CoCOM · shares −25% · price +17.1% | 0.63% | $213.8M | +$31.3M | ||||||||
| Walmart IncCOM · shares +166% · price +2.9% | 0.62% | $211.2M | +$2.3M | ||||||||
| AppleCOM · shares +840% · price −1.7% | 0.62% | $208.6M | −$376,428 | ||||||||
| PayPalCOM · shares +99% · price −38.7% | 0.58% | $196.0M | −$61.9M | ||||||||
| TSMCSPONSORED ADS · shares +1,362% · price −13.3% | 0.58% | $195.1M | −$2.1M | ||||||||
| United States Stl Corp NewCOM · shares +193% · price +58.5% | 0.57% | $193.2M | +$24.3M | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares −33% · price −4.9% | 0.55% | $188.0M | −$9.7M | ||||||||
| AMDCOM · shares −13% · price −24.0% | 0.54% | $181.5M | −$57.4M | ||||||||
| Norfolk Southn CorpCOM · shares −8.7% · price −4.2% | 0.52% | $176.6M | −$7.7M | ||||||||
| Total · 2,540 positions | 100% | $33.88B | −$992.2M |
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 2021 to Q1 2022: 1,827 stocks held throughout, down $992.2M (−4.8%).
- Alcoa Corp+$59.0M+51%
- Natera Inc40:1 split+$52.6M+1,642%
- Peabody Engr Corp+$35.4M+144%
- Bristol-Myers Squibb Co+$31.3M+17%
- Antero Resources Corp+$31.0M+74%
- Zoom−$55.4M−36%
- Etsy Inc−$55.7M−43%
- AMD−$57.4M−24%
- Netflix−$58.4M−38%
- PayPal−$61.9M−39%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 30 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 ↗ |