SEC 13F Intelligence

Managers / Q2 2022 · 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
$35.3B
Q2 2022
Positions
2,619
Filings on Record
31
2019–present window
Filed
Aug 15, 2022
original filing

Summary

Two Sigma Advisers, LP reported $35.3B in U.S.-listed holdings across 2,619 positions for Q2 2022.

Its largest position, MSFT, represents 2.2% of the portfolio.

Compared with Q1 2022, the fund opened 316 new positions and exited 411.

Portfolio Metrics

Turnover
+24.0%
vs prior filed quarter
Top-10 Concentration
+12.8%
share of reported value
Largest Position
+2.2%
Microsoft
New / Exited
316 / 411
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: 85.5%Other: 6.6%ETP: 3.1%ADR: 2.9%REIT: 1.8%Other: 0.1%
  • Common Stock · 85.5% · $30.2B
  • Other · 6.6% · $2.3B
  • ETP · 3.1% · $1.1B
  • ADR · 2.9% · $1.0B
  • REIT · 1.8% · $640M
  • Other · 0.1% · $46M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNAPSNAP INCNEW+14.06M14.06M+$185M$185M
AVGOBROADCOM INCNEW+235.7K235.7K+$115M$115M
SCHWSCHWAB CHARLES CORPNEW+1.57M1.57M+$99M$99M
SNOWSNOWFLAKE INCNEW+543.9K543.9K+$76M$76M
PLDPROLOGIS INC.NEW+557.5K557.5K+$66M$66M
CMECME GROUP INCNEW+289.2K289.2K+$59M$59M
BACBK OF AMERICA CORPNEW+1.70M1.70M+$53M$53M
SOSOUTHERN CONEW+684.0K684.0K+$49M$49M

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

Holdings — Q2 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM2.15%$759M2.95M
2AAPLAPPLE INChistory →COM1.40%$492M3.60M
3VVISA INChistory →COM CL A1.39%$489M2.48M
4METAMETA PLATFORMS INChistory →CL A1.31%$462M2.86M
5ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.16%$408M1.12M
6AMGNAMGEN INChistory →COM1.15%$404M1.66M
7JNJJOHNSON & JOHNSONhistory →COM1.09%$383M2.16M
8PYPLPAYPAL HLDGS INChistory →COM1.07%$376M5.38M
9CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.05%$370M790.3K
10BMYBRISTOL-MYERS SQUIBB COhistory →COM1.03%$363M4.71M
11MRKMERCK & CO INChistory →COM1.03%$361M3.96M
12TSLATESLA INChistory →COM0.98%$345M512.3K
13GILDGILEAD SCIENCES INChistory →COM0.97%$341M5.52M
14MOALTRIA GROUP INChistory →COM0.95%$333M7.98M
15NFLXNETFLIX INChistory →COM0.94%$331M1.89M
16CSCOCISCO SYS INChistory →COM0.93%$329M7.72M
17OXYOCCIDENTAL PETE CORPhistory →COM0.92%$326M5.53M
18GOOGLALPHABET INChistory →CAP STK CL A0.91%$320M147.0K
19CSXCSX CORPhistory →COM0.87%$306M10.54M
20JPMJPMORGAN CHASE & COhistory →COM0.83%$294M2.61M
21ZMZOOM VIDEO COMMUNICATIONS INhistory →CL A0.81%$284M2.63M
22MEDTRONIC PLCSHS0.81%$284M3.16M
23MDLZMONDELEZ INTL INChistory →CL A0.79%$280M4.50M
24INTCINTEL CORPhistory →COM0.75%$265M7.07M
25UNPUNION PAC CORPhistory →COM0.68%$238M1.12M
26ORCLORACLE CORPhistory →COM0.63%$223M3.19M
27PEPPEPSICO INChistory →COM0.63%$220M1.32M
28NVSNNOVARTIS AGhistory →SPONSORED ADR0.62%$218M2.57M
29NDQINVESCO QQQ TRhistory →UNIT SER 10.58%$205M729.8K
30SPDR S&P 500 ETF TRTR UNIT0.58%$203M538.4K
31BIIBBIOGEN INChistory →COM0.58%$203M995.6K
32DDOGDATADOG INChistory →CL A COM0.56%$198M2.07M
33ZTSZOETIS INChistory →CL A0.56%$197M1.15M
34NSCNORFOLK SOUTHN CORPhistory →COM0.54%$190M838.1K
35LMTLOCKHEED MARTIN CORPhistory →COM0.53%$189M438.5K
36ADPAUTOMATIC DATA PROCESSING INhistory →COM0.53%$185M882.2K
37SNAPSNAP INChistory →CL A0.52%$185M14.06M
38SELECT SECTOR SPDR TRTECHNOLOGY0.51%$181M1.42M
39CMCSACOMCAST CORP NEWhistory →CL A0.50%$177M4.50M
40ATLASSIAN CORP PLCCL A0.50%$177M942.1K
41PANWPALO ALTO NETWORKS INChistory →COM0.50%$176M356.6K
42GDGENERAL DYNAMICS CORPhistory →COM0.49%$173M782.8K
43HONGBPHONEYWELL INTL INChistory →COM0.49%$172M989.0K
44FTNTFORTINET INChistory →COM0.49%$171M3.03M
45BAXBAXTER INTL INChistory →COM0.47%$166M2.58M
46BSXBOSTON SCIENTIFIC CORPhistory →COM0.47%$165M4.43M
47REGNREGENERON PHARMACEUTICALShistory →COM0.47%$165M279.0K
48SHOPSHOPIFY INChistory →CL A0.45%$157M5.03M
49CHECK POINT SOFTWARE TECH LTORD0.43%$152M1.25M
50AMZNAMAZON COM INChistory →COM0.41%$146M1.38M

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 6 additional managers.

  • 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 ↗.