SEC 13F Intelligence

Managers / Q2 2020 · view latest →

TWO SIGMA ADVISERS, LP

CIK 0001478735 · Part of the Two Sigma family · 100 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK, NY, 10013 · 212-625-5700

Reported Value
$34.6B
Q2 2020
Positions
2,475
Filings on Record
31
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Two Sigma Advisers, LP reported $34.6B in U.S.-listed holdings across 2,475 positions for Q2 2020.

Its largest position, AMZN, represents 1.8% of the portfolio.

Compared with Q1 2020, the fund opened 255 new positions and exited 219.

Portfolio Metrics

Turnover
+13.6%
vs prior filed quarter
Top-10 Concentration
+13.8%
share of reported value
Largest Position
+1.8%
Amazon Com
New / Exited
255 / 219
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $36.6BQ4 ’18Q1 ’19: $39.7BQ2 ’19: $40.2BQ3 ’19: $40.9BQ4 ’19: $43.1BQ4 ’19Q1 ’20: $26.1BQ2 ’20: $34.6BQ3 ’20: $35.0BQ4 ’20: $37.4BQ4 ’20Q1 ’21: $36.4BQ2 ’21: $37.9BQ3 ’21: $38.6BQ4 ’21: $39.9BQ4 ’21Q1 ’22: $37.6BQ2 ’22: $35.3BQ3 ’22: $34.5BQ4 ’22: $35.8BQ4 ’22Q1 ’23: $38.8BQ2 ’23: $39.3BQ3 ’23: $39.0BQ4 ’23: $42.7BQ4 ’23Q1 ’24: $43.2BQ2 ’24: $44.8BQ3 ’24: $42.7BQ4 ’24: $43.2BQ4 ’24Q1 ’25: $44.4BQ2 ’25: $48.8BQ3 ’25: $50.0BQ4 ’25: $51.4BQ4 ’25Q1 ’26: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 87.3%Other: 4.8%REIT: 3.5%ETP: 2.5%ADR: 1.8%Other: 0.1%
  • Common Stock · 87.3% · $30.2B
  • Other · 4.8% · $1.7B
  • REIT · 3.5% · $1.2B
  • ETP · 2.5% · $852M
  • ADR · 1.8% · $636M
  • Other · 0.1% · $29M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WWAYFAIR INCNEW+553.9K553.9K+$109M$109M
RTXRAYTHEON TECHNOLOGIES CORPNEW+1.24M1.24M+$77M$77M
BABAALIBABA GROUP HLDG LTDNEW+318.9K318.9K+$69M$69M
AZNNASTRAZENECA PLCNEW+792.0K792.0K+$42M$42M
MUMICRON TECHNOLOGY INCNEW+670.8K670.8K+$35M$35M
CARRCARRIER GLOBAL CORPORATIONNEW+1.15M1.15M+$26M$26M
OTISOTIS WORLDWIDE CORPNEW+398.5K398.5K+$23M$23M
LOGMEURLOGMEIN INCNEW+242.3K242.3K+$21M$21M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM1.80%$624M226.2K
2BCBRUNSWICK CORPhistory →COM1.70%$588M9.19M
3MSFTMICROSOFT CORPhistory →COM1.41%$489M2.40M
4AAPLAPPLE INChistory →COM1.37%$476M1.30M
5HDHOME DEPOT INChistory →COM1.36%$469M1.87M
6VVISA INChistory →COM CL A1.30%$451M2.34M
7PGPROCTER AND GAMBLE COhistory →COM1.29%$445M3.72M
8DYHTARGET CORPhistory →COM1.26%$434M3.62M
9ABBVABBVIE INChistory →COM1.19%$410M4.18M
10LOWLOWES COS INChistory →COM1.16%$403M2.98M
11MRKMERCK & CO. INChistory →COM1.16%$400M5.17M
12LLYLILLY ELI & COhistory →COM1.13%$392M2.39M
13CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.12%$387M759.3K
14PFEPFIZER INChistory →COM1.05%$362M11.07M
15VRTXVERTEX PHARMACEUTICALS INChistory →COM1.02%$353M1.22M
16BACVERIZON COMMUNICATIONS INChistory →COM0.98%$340M6.17M
17TSLATESLA INChistory →COM0.92%$317M293.8K
18METAFACEBOOK INChistory →CL A0.86%$297M1.31M
19KOCOCA COLA COhistory →COM0.85%$293M6.56M
20PEPPEPSICO INChistory →COM0.82%$282M2.13M
21INTCINTEL CORPhistory →COM0.77%$268M4.47M
22LMTLOCKHEED MARTIN CORPhistory →COM0.71%$247M677.9K
23ADSKAUTODESK INChistory →COM0.71%$247M1.03M
24HUMHUMANA INChistory →COM0.70%$242M622.9K
25CSCOCISCO SYS INChistory →COM0.69%$237M5.09M
26UNHUNITEDHEALTH GROUP INChistory →COM0.65%$224M760.6K
27ETSYETSY INChistory →COM0.65%$224M2.11M
28PEOEXELON CORPhistory →COM0.64%$223M6.14M
29BMYBRISTOL-MYERS SQUIBB COhistory →COM0.64%$222M3.77M
30ELVANTHEM INChistory →COM0.63%$217M824.6K
31BAXBAXTER INTL INChistory →COM0.63%$216M2.51M
32ADPAUTOMATIC DATA PROCESSING INhistory →COM0.57%$196M1.32M
33DGDOLLAR GEN CORP NEWhistory →COM0.56%$194M1.02M
34SPDR S&P 500 ETF TRTR UNIT0.53%$182M589.7K
35MDLZMONDELEZ INTL INChistory →CL A0.50%$172M3.37M
36TAT&T INChistory →COM0.47%$164M5.41M
37FTNTFORTINET INChistory →COM0.47%$163M1.19M
38GISGENERAL MLS INChistory →COM0.46%$159M2.57M
39SPGSIMON PPTY GROUP INC NEWhistory →COM0.46%$158M2.30M
40HONGBPHONEYWELL INTL INChistory →COM0.45%$157M1.09M
41ABTABBOTT LABShistory →COM0.44%$153M1.68M
42SPGIS&P GLOBAL INChistory →COM0.44%$151M458.7K
43MEDTRONIC PLCSHS0.42%$144M1.57M
44EOGEOG RES INChistory →COM0.42%$144M2.84M
45QCOMQUALCOMM INChistory →COM0.41%$143M1.57M
46DUKDUKE ENERGY CORP NEWhistory →COM NEW0.41%$140M1.76M
47MOALTRIA GROUP INChistory →COM0.40%$139M3.55M
48WMWASTE MGMT INC DELhistory →COM0.40%$138M1.30M
49SELECT SECTOR SPDR TRSBI CONS STPLS0.40%$138M2.35M
50SHWSHERWIN WILLIAMS COhistory →COM0.39%$135M233.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$51.4B2,329Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$50.0B2,311Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$48.8B2,300Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$44.4B2,360May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$43.2B2,329Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$42.7B2,260Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$44.8B2,414Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$43.2B2,431May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$42.7B2,480Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$39.0B2,362Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$39.3B2,357Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$38.8B2,568May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$35.8B2,493Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$34.5B2,518Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$35.3B2,619Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$37.6B2,714May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$39.9B2,591Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$38.6B2,418Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$37.9B2,418Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$36.4B2,526May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$37.4B2,357Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$35.0B2,374Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$34.6B2,475Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$26.1B2,439May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$43.1B2,336Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$40.9B2,198Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$40.2B2,294Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$39.7B2,275May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$36.6B2,334Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 7 additional managers.

  • Two Sigma U.S. All Cap Core Equity Fund, LP028-14405
  • TWO SIGMA ABSOLUTE RETURN PORTFOLIO, LLC028-15367
  • TWO SIGMA ACTIVE EXTENSION U.S. ALL CAP EQUITY PORTFOLIO, LLC028-15404
  • Two Sigma Active Extension U.S. Small Cap Equity Fund, LP028-15364
  • Two Sigma Macro Portfolio, LLC028-16751
  • Two Sigma World Core Fund, LP028-17350
  • Two Sigma Equity Risk Premia Portfolio, LLC028-17346

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.