13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q3 2024. See the latest, Q2 2026 →
Reported value
$45.63B
+3.9% on the quarter before
Positions
3,085
466 new · 370 sold out
Top 10
6.6%
of the value
Est. gain
+$2.10B
on stocks held all quarter
Est. return
+7.5%
on those stocks since Q2 2024
Positions as of Sep 30, 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, 14% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2024. Striped tiles are options.
Largest buys
Since Q2 2024, 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.
- Alphabet~$251.4MAdded · 0.0% → 0.6%+1,515,906 shares
- Bank America Corp~$225.5MNew · 0.0% → 0.5%+5,683,991 shares
- Jd.Com Inc~$215.7MAdded · 0.1% → 0.6%+5,391,342 shares
- KLA~$202.5MAdded · 0.1% → 0.5%+261,502 shares
- Cvs Health Corp~$196.4MAdded · 0.0% → 0.4%+3,123,936 shares
- TSMC~$194.4MNew · 0.0% → 0.4%+1,119,264 shares
- Ishares Tr~$183.7MNew · 0.0% → 0.4%+4,006,509 shares
- Waste Connections Inc~$170.8MAdded · 0.1% → 0.4%+955,168 shares
- Qualcomm~$163.5MAdded · 0.2% → 0.5%+961,387 shares
- Workday~$156.9MAdded · 0.0% → 0.4%+642,057 shares
Largest sells
Since Q2 2024, 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.
- SPDR S&P 500 ETF Tr~$1.10BCut · 3.5% → 1.1%−1,924,207 shares
- Meta~$282.0MCut · 0.6% → 0.1%−492,680 shares
- PayPal~$247.5MCut · 0.5% → 0.1%−3,172,234 shares
- Goldman Sachs~$239.6MCut · 0.5% → 0.0%−483,965 shares
- Amazon~$233.4MCut · 0.6% → 0.0%−1,252,626 shares
- Royal Caribbean Group~$224.8MSold out · 0.5% → 0.0%−69,698,000 shares
- Gilead Sciences Inc~$220.9MCut · 0.5% → 0.1%−2,634,933 shares
- AMD~$218.5MCut · 0.5% → 0.0%−1,331,363 shares
- Chipotle Mexican Grill Inc~$177.0MCut · 0.5% → 0.1%−3,072,314 shares
- Exxon Mobil Corp~$172.5MCut · 0.4% → 0.0%−1,471,950 shares
Holdings
As of Sep 30, 2024. Changes are in shares against Jun 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TrTR UNIT · shares −69% · price +5.4% | 1.1% | $496.8M | +$25.6M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares −15% · price +1.9% | 0.85% | $389.7M | +$7.2M | ||||||||
| DoorDashCL A · shares −9.8% · price +31.2% | 0.59% | $271.4M | +$64.6M | ||||||||
| MicronCOM · shares +50% · price −21.2% | 0.59% | $270.7M | −$48.4M | ||||||||
| AppleCOM · shares −17% · price +10.6% | 0.59% | $268.5M | +$25.8M | ||||||||
| Carvana CoCL A · shares −26% · price +35.3% | 0.58% | $264.2M | +$68.9M | ||||||||
| MicrosoftCOM · shares +2.7% · price −3.7% | 0.58% | $262.8M | −$9.9M | ||||||||
| Jd.Com IncSPON ADS CL A · shares +497% · price +54.8% | 0.57% | $259.0M | +$15.4M | ||||||||
| SnowflakeCL A · shares +15% · price −15.0% | 0.56% | $255.8M | −$39.2M | ||||||||
| AlphabetCAP STK CL A · shares +8,422% · price −8.9% | 0.56% | $254.4M | −$293,400 | ||||||||
| Cme Group IncCOM · shares −0.7% · price +12.2% | 0.56% | $253.7M | +$27.7M | ||||||||
| NvidiaCOM · shares +8.6% · price −1.7% | 0.55% | $249.8M | −$4.0M | ||||||||
| Pfizer IncCOM · shares −1.2% · price +3.4% | 0.55% | $248.9M | +$8.3M | ||||||||
| Thermo Fisher Scientific IncCOM · shares −7.2% · price +11.9% | 0.54% | $245.7M | +$26.0M | ||||||||
| FortinetCOM · shares −16% · price +28.7% | 0.54% | $245.7M | +$54.7M | ||||||||
| Bristol-Myers Squibb CoCOM · shares −24% · price +24.6% | 0.54% | $244.3M | +$48.2M | ||||||||
| Cava Group IncCOM · shares −0.9% · price +33.5% | 0.53% | $244.1M | +$61.3M | ||||||||
| QualcommCOM · shares +207% · price −14.6% | 0.53% | $242.3M | −$13.5M | ||||||||
| CiscoCOM · shares +61% · price +12.0% | 0.53% | $241.9M | +$16.1M | ||||||||
| Lockheed Martin CorpCOM · shares −7.0% · price +25.1% | 0.53% | $239.7M | +$48.2M | ||||||||
| Humana IncCOM · shares +170% · price −15.2% | 0.52% | $237.8M | −$15.8M | ||||||||
| Spotify Technology S ASHS · shares −17% · price +17.4% | 0.52% | $237.6M | +$35.3M | ||||||||
| Target CorpCOM · shares +98% · price +5.3% | 0.52% | $236.3M | +$6.0M | ||||||||
| Intercontinental Exchange InCOM · shares +100% · price +17.3% | 0.51% | $233.0M | +$17.2M | ||||||||
| Select Sector SPDR TrSBI HEALTHCARE · shares −2.7% · price +5.7% | 0.51% | $232.8M | +$12.5M | ||||||||
| Total · 3,085 positions | 100% | $45.63B | +$2.10B |
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 2024 to Q3 2024: 2,526 stocks held throughout, up $2.10B (+7.5%).
- AppLovin+$69.4M+57%
- Carvana Co+$68.9M+35%
- DoorDash+$64.6M+31%
- Lumen Technologies Inc+$62.5M+545%
- Cava Group Inc+$61.3M+34%
- Snap−$33.0M−36%
- Dexcom Inc−$34.9M−41%
- Snowflake−$39.2M−15%
- Micron−$48.4M−21%
- Lam Research−$50.3M−23%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 13 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 ↗ |