SEC 13F Intelligence

Managers / Q2 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
$44.8B
Q2 2024
Positions
2,414
Filings on Record
31
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Two Sigma Advisers, LP reported $44.8B in U.S.-listed holdings across 2,414 positions for Q2 2024.

Its largest position, MSFT, represents 2.9% of the portfolio.

Compared with Q1 2024, the fund opened 336 new positions and exited 353.

Portfolio Metrics

Turnover
+26.6%
vs prior filed quarter
Top-10 Concentration
+18.4%
share of reported value
Largest Position
+2.9%
Microsoft
New / Exited
336 / 353
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: 86.4%Other: 6.1%ETP: 4.8%ADR: 1.6%REIT: 0.9%Other: 0.2%
  • Common Stock · 86.4% · $38.8B
  • Other · 6.1% · $2.7B
  • ETP · 4.8% · $2.2B
  • ADR · 1.6% · $737M
  • REIT · 0.9% · $385M
  • Other · 0.2% · $78M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMDADVANCED MICRO DEVICES INCNEW+2.17M2.17M+$351M$351M
AVGOBROADCOM INCNEW+155.8K155.8K+$250M$250M
LRCXEURLAM RESEARCH CORPNEW+108.4K108.4K+$115M$115M
LULULULULEMON ATHLETICA INCNEW+322.2K322.2K+$96M$96M
INTUINTUITNEW+127.8K127.8K+$84M$84M
CVSCVS HEALTH CORPNEW+1.11M1.11M+$66M$66M
ICEINTERCONTINENTAL EXCHANGE INNEW+455.2K455.2K+$62M$62M
SJMSMUCKER J M CONEW+565.3K565.3K+$62M$62M

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

Holdings — Q2 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM2.91%$1.3B2.92M
2AAPLAPPLE INChistory →COM2.91%$1.3B6.20M
3NVDANVIDIA CORPORATIONhistory →COM2.70%$1.2B9.80M
4AMZNAMAZON COM INChistory →COM2.15%$966M5.00M
5METAMETA PLATFORMS INChistory →CL A1.54%$689M1.37M
6LLYELI LILLY & COhistory →COM1.52%$681M751.9K
7VVISA INChistory →COM CL A1.23%$553M2.11M
8COSTCOSTCO WHSL CORP NEWhistory →COM1.17%$527M619.5K
9UBERUBER TECHNOLOGIES INChistory →COM1.15%$515M7.09M
10MAMASTERCARD INCORPORATEDhistory →CL A1.14%$511M1.16M
11PFEPFIZER INChistory →COM1.11%$497M17.76M
12CRWDCROWDSTRIKE HLDGS INChistory →CL A1.09%$490M1.28M
13MUMICRON TECHNOLOGY INChistory →COM1.08%$484M3.68M
14ABTABBOTT LABShistory →COM1.08%$484M4.66M
15GOOGLALPHABET INChistory →CAP STK CL A1.07%$481M2.64M
16BMYBRISTOL-MYERS SQUIBB COhistory →COM1.05%$472M11.35M
17GILDGILEAD SCIENCES INChistory →COM0.96%$429M6.26M
18SNOWSNOWFLAKE INChistory →CL A0.95%$427M3.16M
19FTNTFORTINET INChistory →COM0.94%$421M6.98M
20LMTLOCKHEED MARTIN CORPhistory →COM0.89%$400M855.6K
21NFLXNETFLIX INChistory →COM0.88%$395M584.9K
22CMECME GROUP INChistory →COM0.87%$392M1.99M
23NKENIKE INChistory →CL B0.85%$383M5.08M
24HUMHUMANA INChistory →COM0.85%$381M1.02M
25TRVCCITIGROUP INChistory →COM NEW0.85%$380M5.98M
26AMDADVANCED MICRO DEVICES INChistory →COM0.78%$351M2.17M
27DASHDOORDASH INChistory →CL A0.78%$350M3.21M
28PYPLPAYPAL HLDGS INChistory →COM0.74%$333M5.73M
29HOODROBINHOOD MKTS INChistory →COM CL A0.74%$330M14.55M
30PINSPINTEREST INChistory →CL A0.73%$326M7.41M
31PGRPROGRESSIVE CORPhistory →COM0.70%$316M1.52M
32SHWSHERWIN WILLIAMS COhistory →COM0.69%$310M1.04M
33ZSZSCALER INChistory →COM0.69%$309M1.61M
34CVNACARVANA COhistory →CL A0.69%$309M2.40M
35ABGCENCORA INChistory →COM0.68%$303M1.35M
36WDCWESTERN DIGITAL CORP.history →COM0.62%$280M3.70M
37APPAPPLOVIN CORPhistory →COM CL A0.62%$279M3.35M
38FCXFREEPORT-MCMORAN INChistory →CL B0.59%$263M5.40M
39SPOTIFY TECHNOLOGY S ASHS0.58%$258M823.7K
40AVGOBROADCOM INChistory →COM0.56%$250M155.8K
41GSGOLDMAN SACHS GROUP INChistory →COM0.52%$233M515.3K
42NRANRG ENERGY INChistory →COM NEW0.51%$230M2.95M
43MSCIMSCI INChistory →COM0.50%$226M468.7K
44AMGNAMGEN INChistory →COM0.50%$224M716.9K
45CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.48%$215M3.44M
46INTCINTEL CORPhistory →COM0.47%$210M6.78M
47TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.47%$209M378.7K
48NU HLDGS LTDORD SHS CL A0.47%$209M16.22M
49MRKMERCK & CO INChistory →COM0.46%$205M1.65M
50JPMJPMORGAN CHASE & CO.history →COM0.42%$187M926.0K

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 ↗.