13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q3 2022. See the latest, Q2 2026 →
Reported value
$29.43B
−2.9% on the quarter before
Positions
2,432
604 new · 616 sold out
Top 10
8.9%
of the value
Est. gain
−$1.27B
on stocks held all quarter
Est. return
−6.8%
on those stocks since Q2 2022
Positions as of Sep 30, 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, 19% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2022. Striped tiles are options.
Largest buys
Since Q2 2022, 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.
- Enphase Energy Inc~$235.4MNew · 0.0% → 0.8%+848,333 shares
- Alphabet~$210.3MNew · 0.0% → 0.7%+2,198,196 shares
- Gsk Plc~$210.1MNew · 0.0% → 0.7%+7,137,574 shares
- Accenture Plc Ireland~$185.8MAdded · 0.0% → 0.7%+722,252 shares
- Citigroup Inc~$175.9MAdded · 0.0% → 0.6%+4,221,594 shares
- Coca Cola Co~$169.8MNew · 0.0% → 0.6%+3,031,743 shares
- Petroleo Brasileiro Sa Petro~$161.7MNew · 0.0% → 0.5%+13,100,996 shares
- Nike Inc~$148.4MAdded · 0.1% → 0.6%+1,785,322 shares
- Colgate Palmolive Co~$142.1MAdded · 0.1% → 0.6%+2,022,860 shares
- Chesapeake Energy Corp~$135.4MNew · 0.0% → 0.5%+1,437,174 shares
Largest sells
Since Q2 2022, 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~$311.1MCut · 0.8% → 0.0%−1,321,595 shares
- PayPal~$262.9MCut · 0.8% → 0.1%−3,054,629 shares
- Amazon~$243.2MCut · 0.8% → 0.0%−2,152,384 shares
- Bk Of America Corp~$225.0MSold out · 0.7% → 0.0%−7,229,056 shares
- Broadcom~$212.5MSold out · 0.7% → 0.0%−141,359 shares
- Schwab Charles Corp~$191.8MCut · 0.6% → 0.0%−2,668,649 shares
- Bristol-Myers Squibb Co~$179.4MCut · 0.7% → 0.1%−2,523,011 shares
- Coinbase~$139.5MCut · 0.4% → 0.0%−2,163,983 shares
- Cloudflare~$138.8MCut · 0.4% → 0.0%−2,508,611 shares
- Nvidia~$121.5MCut · 0.8% → 0.2%−1,001,175 shares
Holdings
As of Sep 30, 2022. Changes are in shares against Jun 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrUNIT SER 1 · shares +16% · price −4.6% | 1.2% | $355.6M | −$15.0M | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +46% · price −5.3% | 1.2% | $350.8M | −$13.5M | ||||||||
| Visa Inc.COM CL A · shares +11% · price −9.8% | 0.84% | $248.4M | −$24.2M | ||||||||
| MicrosoftCOM · shares +17% · price −9.3% | 0.84% | $248.3M | −$21.7M | ||||||||
| AdobeCOM · shares +41% · price −24.8% | 0.82% | $240.4M | −$56.1M | ||||||||
| Enphase Energy IncCOM · shares New | 0.80% | $235.4M | — | ||||||||
| IntelCOM · shares +126% · price −31.1% | 0.80% | $235.3M | −$47.1M | ||||||||
| Procter And Gamble CoCOM · shares +110% · price −12.2% | 0.80% | $234.3M | −$15.5M | ||||||||
| MetaCL A · shares +12% · price −15.9% | 0.80% | $234.0M | −$39.4M | ||||||||
| TSMCSPONSORED ADS · shares +32% · price −16.1% | 0.77% | $226.5M | −$33.0M | ||||||||
| Jpmorgan Chase & CoCOM · shares +16% · price −7.2% | 0.77% | $225.7M | −$15.1M | ||||||||
| CiscoCOM · shares +22% · price −6.2% | 0.77% | $225.5M | −$12.2M | ||||||||
| AirbnbCOM CL A · shares −5.8% · price +17.9% | 0.75% | $221.0M | +$33.6M | ||||||||
| Gilead Sciences IncCOM · shares +11% · price −0.2% | 0.75% | $219.7M | −$384,632 | ||||||||
| Johnson & JohnsonCOM · shares +72% · price −8.0% | 0.74% | $216.9M | −$10.9M | ||||||||
| AlphabetCAP STK CL A · shares New | 0.71% | $210.3M | — | ||||||||
| Gsk PlcSPONSORED ADR · shares New | 0.71% | $210.1M | — | ||||||||
| Amgen IncCOM · shares +16% · price −7.4% | 0.71% | $209.7M | −$14.4M | ||||||||
| Csx CorpCOM · shares −6.9% · price −8.3% | 0.68% | $201.0M | −$18.3M | ||||||||
| Union Pac CorpCOM · shares +0.2% · price −8.7% | 0.67% | $196.1M | −$18.5M | ||||||||
| Accenture Plc IrelandSHS CLASS A · shares +2,831% · price −7.3% | 0.65% | $192.4M | −$519,531 | ||||||||
| Lockheed Martin CorpCOM · shares −7.5% · price −10.2% | 0.64% | $187.2M | −$21.2M | ||||||||
| Eqt CorpCOM · shares −18% · price +18.5% | 0.63% | $185.0M | +$28.8M | ||||||||
| Pg&E CorpUNIT 08/16/2023 · shares +34% · price +19.5% | 0.63% | $184.3M | +$22.4M | ||||||||
| Medtronic PlcSHS · shares −12% · price −10.0% | 0.62% | $183.9M | −$20.5M | ||||||||
| Total · 2,432 positions | 100% | $29.43B | −$1.27B |
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 2022 to Q3 2022: 1,772 stocks held throughout, down $1.27B (−6.8%).
- Airbnb+$33.6M+18%
- Eqt Corp+$28.8M+18%
- Marathon Pete Corp+$22.9M+21%
- Pg&E Corp+$22.4M+19%
- Semtech7:1 split+$21.1M+275%
- Palo Alto Networks−$41.6M−67%
- Intel−$47.1M−31%
- Nasdaq Inc−$48.7M−63%
- Adobe−$56.1M−25%
- Zoom−$64.2M−32%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 14 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 ↗ |