SEC 13F Intelligence

Managers / Q1 2024 · 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
$43.2B
Q1 2024
Positions
2,431
Filings on Record
31
2019–present window
Filed
May 15, 2024
original filing

Summary

Two Sigma Advisers, LP reported $43.2B in U.S.-listed holdings across 2,431 positions for Q1 2024.

Its largest position, AAPL, represents 2.6% of the portfolio.

Compared with Q4 2023, the fund opened 246 new positions and exited 295.

Portfolio Metrics

Turnover
+25.5%
vs prior filed quarter
Top-10 Concentration
+16.9%
share of reported value
Largest Position
+2.6%
Apple
New / Exited
246 / 295
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 87.1%Other: 5.7%ETP: 4.4%ADR: 1.8%REIT: 0.7%Other: 0.2%
  • Common Stock · 87.1% · $37.6B
  • Other · 5.7% · $2.5B
  • ETP · 4.4% · $1.9B
  • ADR · 1.8% · $788M
  • REIT · 0.7% · $320M
  • Other · 0.2% · $83M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMTWALMART INCNEW+7.65M7.65M+$461M$461M
SPGIS&P GLOBAL INCNEW+235.8K235.8K+$100M$100M
GSGOLDMAN SACHS GROUP INCNEW+213.9K213.9K+$89M$89M
CHVCHEVRON CORP NEWNEW+480.3K480.3K+$76M$76M
SELECT SECTOR SPDR TRNEW+372.7K372.7K+$69M$69M
GDGENERAL DYNAMICS CORPNEW+205.8K205.8K+$58M$58M
BLKCHFBLACKROCK INCNEW+68.4K68.4K+$57M$57M
JPMJPMORGAN CHASE & CONEW+218.6K218.6K+$44M$44M

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

Holdings — Q1 2024

482 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM2.61%$1.1B6.57M
2MSFTMICROSOFT CORPhistory →COM2.39%$1.0B2.45M
3AMZNAMAZON COM INChistory →COM2.00%$863M4.78M
4NVDANVIDIA CORPORATIONhistory →COM1.97%$849M939.7K
5METAMETA PLATFORMS INChistory →CL A1.59%$686M1.41M
6GOOGLALPHABET INChistory →CAP STK CL A1.59%$686M4.54M
7VVISA INChistory →COM CL A1.25%$539M1.93M
8ISHARES TRCORE S&P500 ETF · RUS 1000 GRW ETF · ISHARES BIOTECH · RUS 1000 ETF · EXPANDED TECH · MSCI USA QLT FCT · S&P 100 ETF · ESG AWR MSCI USA · S&P 500 GRWT ETF · U.S. TECH ETF1.19%$512M2.38M
9PYPLPAYPAL HLDGS INChistory →COM1.15%$498M7.44M
10MAMASTERCARD INCORPORATEDhistory →CL A1.14%$494M1.03M
11NFLXNETFLIX INChistory →COM1.14%$493M811.8K
12MUMICRON TECHNOLOGY INChistory →COM1.14%$491M4.16M
13BMYBRISTOL-MYERS SQUIBB COhistory →COM1.12%$485M8.94M
14CRWDCROWDSTRIKE HLDGS INChistory →CL A1.09%$471M1.47M
15LLYELI LILLY & COhistory →COM1.08%$468M601.9K
16WMTWALMART INChistory →COM1.07%$461M7.65M
17XLCSELECT SECTOR SPDR TRSBI CONS STPLS · COMMUNICATION · SBI CONS DISCR · SBI INT-UTILS · SBI HEALTHCARE · TECHNOLOGY1.04%$449M4.96M
18QCOMQUALCOMM INChistory →COM0.89%$385M2.28M
19GMGENERAL MTRS COhistory →COM0.88%$381M8.40M
20PFEPFIZER INChistory →COM0.87%$376M13.55M
21GILDGILEAD SCIENCES INChistory →COM0.86%$372M5.08M
22PINSPINTEREST INChistory →CL A0.85%$369M10.63M
23LMTLOCKHEED MARTIN CORPhistory →COM0.84%$365M801.4K
24HUMHUMANA INChistory →COM0.84%$364M1.05M
25DASHDOORDASH INChistory →CL A0.77%$330M2.40M
26NKENIKE INChistory →CL B0.71%$309M3.28M
27ELLAUDER ESTEE COS INChistory →CL A0.69%$300M1.95M
28BKNGBOOKING HOLDINGS INChistory →COM0.69%$300M82.6K
29PEPPEPSICO INChistory →COM0.68%$295M1.69M
30ZSZSCALER INChistory →COM0.65%$280M1.46M
31HOODROBINHOOD MKTS INChistory →COM CL A0.65%$280M13.92M
32MRKMERCK & CO INChistory →COM0.64%$275M2.09M
33FTNTFORTINET INChistory →COM0.63%$270M3.95M
34NRANRG ENERGY INChistory →COM NEW0.60%$259M3.83M
35HPEHEWLETT PACKARD ENTERPRISE Chistory →COM0.59%$256M14.43M
36UBERUBER TECHNOLOGIES INChistory →COM0.58%$251M3.26M
37NU HLDGS LTDORD SHS CL A0.57%$245M20.51M
38TRVCCITIGROUP INChistory →COM NEW0.57%$244M3.86M
39ZMZOOM VIDEO COMMUNICATIONS INhistory →CL A0.56%$242M3.71M
40ABTABBOTT LABShistory →COM0.53%$229M2.02M
41RBLXROBLOX CORPhistory →CL A0.53%$228M5.96M
42ABGCENCORA INChistory →COM0.53%$227M934.6K
43HSYHERSHEY COhistory →COM0.52%$225M1.15M
44SHWSHERWIN WILLIAMS COhistory →COM0.52%$224M644.1K
45NETCLOUDFLARE INChistory →CL A COM0.50%$218M2.25M
46COSTCOSTCO WHSL CORP NEWhistory →COM0.50%$217M295.9K
47CMICUMMINS INChistory →COM0.49%$212M718.7K
48CVNACARVANA COhistory →CL A0.48%$209M2.38M
49DOCUDOCUSIGN INChistory →COM0.46%$201M3.37M
50XYZBLOCK INChistory →CL A0.46%$198M2.34M
51APPAPPLOVIN CORPhistory →COM CL A0.46%$197M2.84M
52JOHNSON CTLS INTL PLCSHS0.44%$192M2.94M
53FFORD MTR CO DELhistory →COM0.43%$187M14.10M
54GISGENERAL MLS INChistory →COM0.43%$184M2.63M
55KDPKEURIG DR PEPPER INChistory →COM0.42%$182M5.93M
56VUGVANGUARD INDEX FDSGROWTH ETF · TOTAL STK MKT0.39%$168M562.8K
57NEENEXTERA ENERGY INChistory →COM0.39%$166M2.60M
58SPOTIFY TECHNOLOGY S ASHS0.39%$166M630.3K
59WDCWESTERN DIGITAL CORP.history →COM0.38%$165M2.41M
60JDJD.COM INChistory →SPON ADR CL A0.38%$163M5.93M
61VRTVERTIV HOLDINGS COhistory →COM CL A0.37%$160M1.96M
62PPURE STORAGE INChistory →CL A0.36%$157M3.02M
63LYFTLYFT INChistory →CL A COM0.36%$155M8.01M
64ADPAUTOMATIC DATA PROCESSING INhistory →COM0.35%$152M609.2K
65ARK ETF TRINNOVATION ETF0.35%$150M2.99M
66HESHESS CORPhistory →COM0.34%$147M962.6K
67NDQINVESCO QQQ TRhistory →UNIT SER 10.34%$147M330.1K
68SPDR S&P 500 ETF TRTR UNIT0.34%$147M280.1K
69NTNXNUTANIX INChistory →CL A0.34%$146M2.36M
70DUOLDUOLINGO INChistory →CL A COM0.32%$138M625.0K
71INTCINTEL CORPhistory →COM0.32%$137M3.11M
72HONGBPHONEYWELL INTL INChistory →COM0.31%$135M656.1K
73AFRMAFFIRM HLDGS INChistory →COM CL A0.31%$133M3.56M
74AZNNASTRAZENECA PLChistory →SPONSORED ADR0.29%$125M1.84M
75NOCNORTHROP GRUMMAN CORPhistory →COM0.29%$124M260.0K
76PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.29%$124M5.39M
77PATHUIPATH INChistory →CL A0.29%$123M5.44M
78WWAYFAIR INChistory →CL A0.28%$121M1.79M
79NDAQNASDAQ INChistory →COM0.28%$120M1.90M
80JNJJOHNSON & JOHNSONhistory →COM0.27%$118M748.5K
81WABWABTEChistory →COM0.27%$118M812.7K
82DUTMOODYS CORPhistory →COM0.27%$118M299.3K
83MSCIMSCI INChistory →COM0.26%$113M202.3K
844I1PHILIP MORRIS INTL INChistory →COM0.25%$110M1.20M
85GAPGAP INChistory →COM0.25%$108M3.93M
86ECLECOLAB INChistory →COM0.25%$107M464.1K
87SLBSCHLUMBERGER LTDhistory →COM STK0.25%$106M1.94M
88NSCNORFOLK SOUTHN CORPhistory →COM0.24%$105M411.4K
89SNOWSNOWFLAKE INChistory →CL A0.24%$104M644.9K
90SPDR SER TRS&P BIOTECH · PORTFOLIO S&P500 · S&P RETAIL ETF0.24%$104M1.32M
91CBOECBOE GLOBAL MKTS INChistory →COM0.23%$101M549.0K
92PBFPBF ENERGY INChistory →CL A0.23%$101M1.75M
93SPGIS&P GLOBAL INChistory →COM0.23%$100M235.8K
94AMGNAMGEN INChistory →COM0.23%$99M349.7K
95CMECME GROUP INChistory →COM0.23%$98M456.3K
96MOALTRIA GROUP INChistory →COM0.23%$98M2.24M
97COINCOINBASE GLOBAL INChistory →COM CL A0.22%$96M363.8K
98NOWSERVICENOW INChistory →COM0.22%$96M126.1K
99AAALCOA CORPhistory →COM0.22%$94M2.79M
100EVRGEVERGY INChistory →COM0.21%$91M1.71M

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 ↗.