13F filer · CIK 1179392 ↗
Two Sigma
You are looking at Q4 2024. See the latest, Q2 2026 →
Reported value
$45.85B
+0.5% on the quarter before
Positions
3,161
526 new · 450 sold out
Top 10
7.2%
of the value
Est. gain
+$192.2M
on stocks held all quarter
Est. return
+0.7%
on those stocks since Q3 2024
Positions as of Dec 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, 15% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2024. Striped tiles are options.
Largest buys
Since Q3 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 TrCALL~$295.0MAdded · 0.0% → 0.6%+503,400 underlying
- SPDR S&P 500 ETF TrPUT~$276.7MAdded · 0.0% → 0.6%+472,100 underlying
- Amazon~$260.3MAdded · 0.0% → 0.6%+1,186,542 shares
- Tesla~$242.0MNew · 0.0% → 0.5%+599,264 shares
- Intel~$237.5MNew · 0.0% → 0.5%+11,843,258 shares
- Applied Materials~$217.1MAdded · 0.0% → 0.5%+1,335,180 shares
- Airbnb~$215.5MNew · 0.0% → 0.5%+1,640,047 shares
- Meta~$212.9MAdded · 0.1% → 0.5%+363,612 shares
- Lam Research~$202.9MNew · 0.0% → 0.4%+2,809,026 shares
- Sofi Technologies Inc~$199.3MAdded · 0.1% → 0.5%+12,943,428 shares
Largest sells
Since Q3 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.
- Broadcom~$292.5MCut · 0.5% → 0.0%−1,261,504 shares
- AppLovin~$288.3MCut · 0.4% → 0.4%−890,321 shares
- Bristol-Myers Squibb Co~$262.2MCut · 0.5% → 0.0%−4,635,617 shares
- Wells Fargo Co New~$245.1MCut · 0.4% → 0.0%−3,489,985 shares
- Micron~$216.9MCut · 0.6% → 0.0%−2,577,706 shares
- Lam Research~$213.9MSold out · 0.5% → 0.0%−262,103 shares
- Target Corp~$200.1MCut · 0.5% → 0.0%−1,480,548 shares
- Ishares Tr~$183.7MSold out · 0.4% → 0.0%−4,006,509 shares
- Abbott Labs~$183.4MCut · 0.5% → 0.1%−1,621,196 shares
- Workday~$176.1MCut · 0.4% → 0.0%−682,381 shares
Holdings
As of Dec 31, 2024. Changes are in shares against Sep 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ishares TrRUS 1000 GRW ETF · shares +80% · price +7.0% | 0.84% | $384.7M | +$13.9M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares −6.9% · price +4.7% | 0.83% | $379.9M | +$17.2M | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares −28% · price +2.1% | 0.80% | $367.6M | +$7.7M | ||||||||
| Vanguard Index FdsGROWTH ETF · shares +105% · price +6.9% | 0.77% | $354.7M | +$11.2M | ||||||||
| Ishares TrCORE S&P500 ETF · shares +119% · price +2.1% | 0.72% | $329.7M | +$3.0M | ||||||||
| Select Sector SPDR TrSBI HEALTHCARE · shares +57% · price −10.7% | 0.71% | $326.2M | −$24.9M | ||||||||
| SPDR S&P 500 ETF TrCALLTR UNIT · shares +17,359% | 0.65% | $296.7M | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares +1,380% | 0.65% | $296.7M | — | ||||||||
| Select Sector SPDR TrTECHNOLOGY · shares +34% · price +3.0% | 0.64% | $294.5M | +$6.4M | ||||||||
| AppleCOM · shares −1.9% · price +7.5% | 0.62% | $283.1M | +$19.7M | ||||||||
| AmazonCOM · shares +7,558% · price +17.7% | 0.58% | $263.8M | +$519,042 | ||||||||
| RobloxCL A · shares +26% · price +30.7% | 0.57% | $261.2M | +$48.9M | ||||||||
| AlphabetCAP STK CL A · shares −11% · price +14.1% | 0.56% | $258.5M | +$32.0M | ||||||||
| DoorDashCL A · shares −20% · price +17.5% | 0.56% | $255.9M | +$38.2M | ||||||||
| MicrosoftCOM · shares −1.6% · price −2.0% | 0.55% | $253.2M | −$5.3M | ||||||||
| NetflixCOM · shares +50% · price +25.7% | 0.54% | $249.3M | +$34.0M | ||||||||
| Eli LillyCOM · shares +62% · price −12.9% | 0.54% | $249.1M | −$22.8M | ||||||||
| NvidiaCOM · shares −11% · price +10.6% | 0.53% | $244.6M | +$23.4M | ||||||||
| Sofi Technologies IncCOM · shares +443% · price +95.9% | 0.53% | $244.3M | +$22.0M | ||||||||
| TeslaCOM · shares New | 0.53% | $242.0M | — | ||||||||
| QualcommCOM · shares +10% · price −9.7% | 0.53% | $240.9M | −$23.4M | ||||||||
| Cme Group IncCOM · shares −9.8% · price +5.2% | 0.53% | $240.8M | +$12.0M | ||||||||
| MetaCL A · shares +853% · price +2.3% | 0.52% | $237.9M | +$557,017 | ||||||||
| IntelCOM · shares New | 0.52% | $237.5M | — | ||||||||
| SPDR Ser TrPORTFOLIO S&P500 · shares +164% · price +2.1% | 0.52% | $237.0M | +$1.9M | ||||||||
| Total · 3,161 positions | 100% | $45.85B | +$192.2M |
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 Q3 2024 to Q4 2024: 2,543 stocks held throughout, up $192.2M (+0.7%).
- AppLovin+$111.4M+148%
- Robinhood+$84.3M+59%
- Snowflake+$56.1M+34%
- Roblox+$48.9M+31%
- Schwab Strategic Tr7:1 split+$40.9M+87%
- Cvs Health Corp−$30.8M−29%
- Humana Inc−$37.0M−20%
- Thermo Fisher Scientific Inc−$39.1M−16%
- Lockheed Martin Corp−$40.4M−17%
- The Cigna Group−$40.5M−20%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 17 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 ↗ |