13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q1 2024. See the latest, Q2 2026 →
Reported value
$42.61B
−2.1% on the quarter before
Positions
2,986
432 new · 562 sold out
Top 10
9.0%
of the value
Est. gain
+$1.92B
on stocks held all quarter
Est. return
+7.4%
on those stocks since Q4 2023
Positions as of Mar 31, 2024, 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 Q4 2023. Striped tiles are options.
Largest buys
Since Q4 2023, 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~$233.6MNew · 0.0% → 0.5%+8,419,014 shares
- Gilead Sciences Inc~$232.8MAdded · 0.0% → 0.5%+3,177,673 shares
- S&P Global Inc~$192.7MAdded · 0.0% → 0.5%+453,021 shares
- Nike Inc~$185.4MNew · 0.0% → 0.4%+1,972,321 shares
- Select Sector SPDR Tr~$183.1MAdded · 0.0% → 0.4%+2,398,010 shares
- Tesla~$179.9MNew · 0.0% → 0.4%+1,023,427 shares
- Cummins~$178.8MAdded · 0.1% → 0.5%+606,937 shares
- Honeywell Technologies~$173.4MAdded · 0.0% → 0.4%+844,605 shares
- Abbott Labs~$168.7MAdded · 0.0% → 0.4%+1,483,924 shares
- Altria Group Inc~$165.6MAdded · 0.0% → 0.4%+3,796,516 shares
Largest sells
Since Q4 2023, 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.
- Rivian Automotive Inc~$257.5MSold out · 0.6% → 0.0%−10,977,494 shares
- AMD~$248.4MCut · 0.5% → 0.0%−1,376,058 shares
- Invesco Qqq Tr~$239.1MCut · 1.3% → 0.8%−538,544 shares
- Merck & Co Inc~$213.2MCut · 0.6% → 0.2%−1,616,116 shares
- Select Sector SPDR Tr~$196.1MCut · 0.5% → 0.1%−941,600 shares
- Johnson Ctls Intl Plc~$176.5MCut · 0.4% → 0.0%−2,702,345 shares
- Palo Alto Networks~$170.4MSold out · 0.4% → 0.0%−57,500,000 shares
- Carnival Corp~$163.1MCut · 0.5% → 0.1%−9,979,273 shares
- Unitedhealth Group Inc~$156.9MCut · 0.5% → 0.1%−317,144 shares
- Fortinet~$149.8MCut · 0.5% → 0.2%−2,193,481 shares
Holdings
As of Mar 31, 2024. Changes are in shares against Dec 31, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrTR UNIT · shares −3.6% · price +10.0% | 3.4% | $1.43B | +$130.5M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares −40% · price +8.4% | 0.85% | $360.4M | +$28.0M | ||||||||
| MicronCOM · shares −29% · price +38.1% | 0.64% | $271.4M | +$74.9M | ||||||||
| NetflixCOM · shares −21% · price +24.7% | 0.63% | $267.7M | +$53.1M | ||||||||
| MetaCL A · shares −25% · price +37.2% | 0.61% | $259.3M | +$70.3M | ||||||||
| AlphabetCAP STK CL A · shares −7.2% · price +8.0% | 0.60% | $255.6M | +$19.0M | ||||||||
| PayPalCOM · shares −12% · price +9.1% | 0.59% | $252.6M | +$21.0M | ||||||||
| CrowdStrikeCL A · shares +25% · price +25.6% | 0.59% | $251.4M | +$41.1M | ||||||||
| Bristol-Myers Squibb CoCOM · shares −6.1% · price +5.7% | 0.59% | $249.3M | +$13.4M | ||||||||
| Pepsico IncCOM · shares +48% · price +3.0% | 0.58% | $247.6M | +$5.0M | ||||||||
| RobinhoodCOM CL A · shares +76% · price +58.0% | 0.56% | $240.5M | +$50.1M | ||||||||
| Humana IncCOM · shares +53% · price −24.3% | 0.56% | $238.6M | −$50.1M | ||||||||
| Walmart IncCOM · shares +1.2% · price +167.2% | 0.55% | $235.3M | +$145.5M | ||||||||
| Occidental Pete CorpCOM · shares +190% · price +8.8% | 0.55% | $234.7M | +$6.6M | ||||||||
| Gilead Sciences IncCOM · shares +16,725% · price −9.6% | 0.55% | $234.2M | −$147,440 | ||||||||
| Pfizer IncCOM · shares New | 0.55% | $233.6M | — | ||||||||
| Philip Morris Intl IncCOM · shares +78% · price −2.6% | 0.54% | $230.1M | −$3.5M | ||||||||
| AmazonCOM · shares −22% · price +18.7% | 0.53% | $227.4M | +$35.8M | ||||||||
| General Mtrs CoCOM · shares −26% · price +26.3% | 0.53% | $226.7M | +$47.1M | ||||||||
| MastercardCL A · shares −14% · price +12.9% | 0.53% | $225.8M | +$25.8M | ||||||||
| Ishares TrCORE S&P500 ETF · shares −0.02% · price +10.1% | 0.53% | $224.9M | +$20.6M | ||||||||
| Pinterest IncCL A · shares −9.4% · price −6.4% | 0.52% | $222.7M | −$15.2M | ||||||||
| AppleCOM · shares −6.7% · price −10.9% | 0.52% | $221.0M | −$27.1M | ||||||||
| NRG EnergyCOM NEW · shares +33% · price +30.9% | 0.52% | $220.4M | +$39.3M | ||||||||
| Cencora IncCOM · shares +36% · price +18.3% | 0.52% | $220.2M | +$25.0M | ||||||||
| Total · 2,986 positions | 100% | $42.61B | +$1.92B |
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 2023 to Q1 2024: 2,462 stocks held throughout, up $1.92B (+7.4%).
- Walmart Inc7:1 split+$145.5M+167%
- SPDR S&P 500 ETF Tr+$130.5M+10%
- Carvana Co+$79.1M+66%
- Micron+$74.9M+38%
- Meta+$70.3M+37%
- Affirm−$42.0M−24%
- Microstrategy Inc1:75 split−$45.9M−96%
- Unity Software Inc−$49.4M−35%
- Humana Inc−$50.1M−24%
- Nvidia1:4 split−$146.4M−54%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 25 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 ↗ |