TWO SIGMA INVESTMENTS, LP

CIK

1179392

Location

NEW YORK, NY

Portfolio Value

Mega $112,009,993,156

Diversification

Diversified

Filing Date

Global Rank

#73 / 8,603 ▲ 47 · as of Mar 2026

Top Industry

Semiconductors 5.0%

3Y Alpha vs SPY

-1.3%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+69.3%

SPY

+76.5%

Annualised alpha

-1.7%

Max drawdown

−19.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

3,310 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

1.9%

+1.1 pts

Top 5

6.7%

+3.5 pts

Top 10

10.8%

+4.8 pts

HHI

Diversified+12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	21.6%	$24,183,892,219	451
Financial Services	15.2%	$17,053,760,509	701
Industrials	12.7%	$14,242,426,342	395
Healthcare	12.7%	$14,170,859,581	575
Consumer Cyclical	11.4%	$12,792,438,139	325
Communication Services	5.2%	$5,820,082,730	125
Basic Materials	5.2%	$5,793,598,913	194
Energy	4.8%	$5,332,294,089	156
Consumer Defensive	4.5%	$5,082,773,388	133
Real Estate	3.6%	$4,048,371,322	166
Utilities	2.2%	$2,415,764,718	77
Unclassified	1.0%	$1,073,731,206	12

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BBD	Bank Bradesco	+25,131,239	47,295,315	$172,627,899
RIG	Transocean Ltd.	+22,227,817	46,463,736	$308,054,569
GGB	Gerdau S.A.	+22,088,653	25,839,720	$93,281,389
ALIT	Alight, Inc. / Delaware	+19,527,815	21,761,591	$253,609,581
BTG	B2gold Corp	+19,005,412	43,063,900	$195,079,467
KOS	Kosmos Energy Ltd.	+14,824,861	18,680,328	$51,931,311
NIO	NIO Inc.	+12,651,862	13,330,862	$80,385,097
CAG	Conagra Brands Inc.	+12,543,898	18,747,698	$294,713,812
ITUB	Itau Unibanco Holding S.A.	+11,838,101	20,088,181	$168,338,956
NVDA	Nvidia Corp	+10,108,054	12,053,545	$2,102,138,248
CLF	Cleveland-Cliffs Inc.	+9,333,422	14,400,696	$121,685,881
PSEC	Prospect Capital Corp	+9,316,639	15,849,407	$41,366,952
IOVA	Iovance Biotherapeutics, Inc.	+9,289,444	13,687,433	$48,042,889
RBLX	Roblox Corp	+9,145,196	12,152,468	$687,343,590
EOSE	Eos Energy Enterprises, Inc.	+8,749,008	14,999,701	$74,398,516
CPRT	Copart Inc	+8,563,444	10,715,035	$355,739,162
TTD	Trade Desk, Inc.	+7,931,686	14,195,021	$322,085,026
FIG	Figma, Inc.	+7,887,481	11,158,349	$235,887,497
TE	T1 Energy Inc.	+7,640,795	11,101,768	$48,736,761
HRL	Hormel Foods Corp /De/	+7,542,742	11,986,728	$271,499,389
B	Barrick Mining Corp	+7,177,436	7,371,936	$300,701,269
BSX	Boston Scientific Corp	+6,941,087	9,416,231	$590,868,495
BMY	Bristol Myers Squibb Co	+6,927,164	11,589,206	$702,885,343
QS	QuantumScape Corp	+6,865,581	12,580,529	$80,263,775
FNB	Fnb Corp/Pa/	+6,712,546	7,470,738	$124,910,739
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	−8,031,313	3,897,390	$61,890,553
T	At&T Inc.	−5,454,069	1,880,911	$54,527,609
SNAP	Snap Inc	−4,276,548	13,041,250	$59,989,750
ONDS	Ondas Inc.	−4,042,536	915,592	$8,276,951
DNN	Denison Mines Corp.	−3,583,967	11,304,240	$39,903,967
RIVN	Rivian Automotive, Inc. / DE	−3,561,562	15,597,922	$234,748,726
LYFT	Lyft, Inc.	−3,526,018	193,713	$2,576,382
KEY	Keycorp /New/	−3,285,652	5,448,874	$109,249,923
ORC	Orchid Island Capital, Inc.	−3,281,289	890,172	$6,257,909
SES	SES AI Corp	−3,247,763	1,990,019	$1,914,398
NU	Nu Holdings Ltd.	−3,197,197	9,402,127	$135,108,564
INTC	Intel Corp	−2,743,287	540,450	$23,850,058
MARA	MARA Holdings, Inc.	−2,417,700	1,954,900	$15,951,984
GRAB	Grab Holdings Ltd	−2,252,729	2,606,574	$9,540,060
KEEL	Keel Infrastructure Corp.	−2,214,003	1,931,748	$3,766,908
EQX	Equinox Gold Corp.	−2,049,113	3,497,636	$50,575,816
AL	SUMISHO AIR LEASE CORP	−2,033,926	100,522	$6,527,898
ABTC	American Bitcoin Corp.	−2,012,680	601,126	$555,440
UAMY	United States Antimony Corp	−1,982,113	939,589	$8,202,611
ABAT	AMERICAN BATTERY TECHNOLOGY Co	−1,952,378	207,641	$579,318
FOXA	Fox Corp	−1,855,703	356,060	$20,793,904
OSCR	Oscar Health, Inc.	−1,793,412	2,408,825	$27,629,222
CARR	CARRIER GLOBAL Corp	−1,617,741	18,658	$1,050,631
IBN	Icici Bank Ltd	−1,547,109	2,485,103	$64,364,167
ALLY	Ally Financial Inc.	−1,542,304	268,772	$10,543,925
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ABT	Abbott Laboratories	6,441,328	$661,331,145
RTX	RTX Corp	1,956,183	$377,347,700
ADP	Automatic Data Processing Inc	1,285,237	$261,134,453
LVS	Las Vegas Sands Corp	4,171,861	$224,779,870
HWM	Howmet Aerospace Inc.	482,372	$111,167,451
TD	Toronto Dominion Bank	921,812	$86,014,277
RACE	Ferrari N.V.	249,808	$84,547,517
SUNC	SunocoCorp LLC	1,290,979	$79,588,855
BRO	Brown & Brown, Inc.	1,165,284	$75,988,169
RMD	Resmed Inc	312,468	$70,142,816
OWL	Blue Owl Capital Inc.	7,259,105	$66,275,628
BX	Blackstone Inc.	511,363	$58,801,631
BZ	Kanzhun Ltd	3,806,476	$50,968,713
WYNN	Wynn Resorts Ltd	450,272	$45,725,121
DIA	Spdr Dow Jones Industrial Average ETF Trust	95,200	$44,095,688
TECK	Teck Resources Ltd	814,893	$42,170,712
AZN	Astrazeneca PLC	213,026	$42,012,987
PDD	PDD Holdings Inc.	392,088	$40,063,551
CNH	CNH Industrial N.V.	3,640,575	$40,046,325
CCI	Crown Castle Inc.	455,602	$37,044,998
UCTT	Ultra Clean Holdings, Inc.	581,131	$36,134,725
OLN	OLIN Corp	1,195,624	$35,545,901
NTNX	Nutanix, Inc.	841,384	$31,981,005
ESE	Esco Technologies Inc	109,362	$30,771,185
AZZ	Azz Inc	226,654	$28,361,215
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
FUBO	FuboTV Inc.	7,220,472	$218,347,073
NGD	New Gold Inc. /FI	6,860,719	$59,756,862
CP	Canadian Pacific Kansas City Ltd/Cn	682,050	$50,219,341
BURL	Burlington Stores, Inc.	148,600	$42,923,110
PSKY	Paramount Skydance Corp	1,649,062	$22,097,430
TTAN	ServiceTitan, Inc.	206,335	$21,974,677
SMPL	Simply Good Foods Co	899,782	$18,067,622
GPGI	GPGI, Inc.	909,435	$17,533,906
WLK	Westlake Corp	201,279	$14,882,569
BNS	Bank Of Nova Scotia	189,051	$13,931,168
WMG	Warner Music Group Corp.	348,496	$10,688,372
SITE	SiteOne Landscape Supply, Inc.	76,171	$9,487,859
HELE	Helen Of Troy Ltd	396,991	$8,436,058
DGX	Quest Diagnostics Inc	47,984	$8,326,663
SLV	iShares Silver Trust	118,646	$7,643,175
CEPT	Cantor Equity Partners II, Inc.	664,999	$7,487,888
CAEP	Cantor Equity Partners III, Inc.	733,332	$7,479,986
MLAC	Mountain Lake Acquisition Corp.	710,158	$7,385,643
DNLI	Denali Therapeutics Inc.	430,177	$7,102,222
XRPN	Armada Acquisition Corp. II	664,583	$6,805,329
HVII	Hennessy Capital Investment Corp. VII	634,375	$6,565,781
BACC	Blue Acquisition Corp/Cayman	634,375	$6,476,968
SM	SM Energy Co	265,612	$4,966,944
LEGT	Legato Merger Corp. III	437,500	$4,760,000
AVTR	Avantor, Inc.	412,713	$4,729,690
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3,310 positions · $112,009,993,156 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 3,310 positions by value · page 1 of 67

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	12,053,545	+10,108,054	$2,102,138,248	+479.4%	1.88%
AAPL	Apple Inc. Technology	Added	6,085,143	+4,701,300	$1,544,348,441	+310.5%	1.38%
GOOGL	Alphabet Inc. Communication Services	Added	4,810,528	+4,294,928	$1,383,315,431	+757.2%	1.23%
AMZN	Amazon Com Inc Consumer Cyclical	Added	6,454,567	+5,092,130	$1,344,292,669	+327.5%	1.20%
TSLA	Tesla, Inc. Consumer Cyclical	Added	3,116,099	+2,380,941	$1,158,409,803	+250.4%	1.03%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,523,588	+3,094,574	$1,036,498,646	+649.8%	0.93%
PLTR	Palantir Technologies Inc. Technology	Added	6,809,802	+4,830,442	$996,137,836	+183.1%	0.89%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	891,093	+631,969	$887,911,797	+297.4%	0.79%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	5,277,968	+3,543,338	$842,891,489	+216.3%	0.75%
MA	Mastercard Inc Financial Services	Added	1,682,998	+1,241,502	$840,926,780	+233.6%	0.75%
TMUS	T-Mobile US, Inc. Communication Services	Added	3,891,468	+2,707,603	$817,325,024	+240.0%	0.73%
LMT	Lockheed Martin Corp Industrials	Added	1,349,172	+862,657	$815,426,065	+246.5%	0.73%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	1,690,790	+806,636	$810,226,568	+82.3%	0.72%
MU	Micron Technology Inc Technology	Added	2,316,744	+1,238,855	$782,688,792	+154.4%	0.70%
ADBE	Adobe Inc. Technology	Added	3,144,938	+2,402,962	$764,471,529	+194.4%	0.68%
AVGO	Broadcom Inc. Technology	Added	2,325,853	+2,294,853	$719,874,762	+6609.6%	0.64%
BMY	Bristol Myers Squibb Co Healthcare	Added	11,589,206	+6,927,164	$702,885,343	+179.5%	0.63%
PGR	Progressive Corp/Oh/ Financial Services	Added	3,527,808	+2,581,531	$699,352,657	+224.5%	0.62%
RBLX	Roblox Corp Communication Services	Added	12,152,468	+9,145,196	$687,343,590	+182.1%	0.61%
ABT	Abbott Laboratories Healthcare	NEW	6,441,328	NEW	$661,331,145	NEW	0.59%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Added	1,992,577	+1,376,457	$659,283,951	+169.1%	0.59%
ISRG	Intuitive Surgical Inc Healthcare	Added	1,413,534	+953,655	$651,625,038	+150.2%	0.58%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	812,236	+531,085	$627,566,023	+189.2%	0.56%
MS	Morgan Stanley Financial Services	Added	3,753,712	+2,625,899	$617,748,383	+208.5%	0.55%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	2,812,290	+2,174,067	$609,226,382	+429.9%	0.54%
BSX	Boston Scientific Corp Healthcare	Added	9,416,231	+6,941,087	$590,868,495	+150.4%	0.53%
NET	Cloudflare, Inc. Technology	Added	2,838,337	+1,575,739	$585,662,456	+135.3%	0.52%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	8,396,671	+4,830,950	$563,164,723	+145.6%	0.50%
WCN	Waste Connections, Inc. Industrials	Added	3,444,052	+2,364,917	$559,451,806	+195.6%	0.50%
META	Meta Platforms, Inc. Communication Services	Added	974,525	+734,725	$557,554,988	+252.2%	0.50%
MSFT	Microsoft Corp Technology	Added	1,482,737	+912,503	$548,864,755	+99.0%	0.49%
SPY	Spdr S&P 500 ETF Trust	Added	816,993	+264,096	$531,323,227	+40.9%	0.47%
ASML	Asml Holding NV Technology	Added	389,950	+324,428	$515,057,658	+634.8%	0.46%
SNDK	Sandisk Corp Technology	Added	801,826	+86,601	$509,432,130	+200.1%	0.45%
SCHW	Schwab Charles Corp Financial Services	Added	5,411,899	+2,787,744	$508,610,268	+94.0%	0.45%
DELL	Dell Technologies Inc. Technology	Added	3,083,233	+1,565,041	$506,051,032	+164.8%	0.45%
C	Citigroup Inc Financial Services	Added	4,453,767	+2,584,434	$505,101,715	+131.6%	0.45%
KMB	Kimberly Clark Corp Consumer Defensive	Added	5,198,326	+3,082,123	$501,482,509	+134.9%	0.45%
NOW	ServiceNow, Inc. Technology	Added	4,706,619	+3,091,255	$492,077,016	+98.9%	0.44%
BE	Bloom Energy Corp Industrials	Added	3,606,838	+1,657,161	$488,690,480	+188.5%	0.44%
AER	AerCap Holdings N.V. Industrials	Added	3,535,599	+1,996,703	$485,013,470	+119.2%	0.43%
ANET	Arista Networks, Inc. Technology	Added	3,948,179	+2,245,987	$484,757,417	+117.3%	0.43%
WM	Waste Management Inc Industrials	Added	2,050,394	+1,143,172	$471,160,037	+136.4%	0.42%
MRNA	Moderna, Inc. Healthcare	Added	9,207,004	+1,844,208	$467,715,803	+115.4%	0.42%
UNH	Unitedhealth Group Inc Healthcare	Added	1,717,896	+1,567,405	$464,845,478	+835.7%	0.42%
GM	General Motors Co Consumer Cyclical	Added	6,066,461	+2,752,426	$451,951,344	+67.7%	0.40%
EQIX	Equinix Inc Real Estate	Added	452,267	+179,397	$443,330,204	+112.1%	0.40%
IONS	Ionis Pharmaceuticals Inc Healthcare	Added	5,857,629	+3,198,983	$439,849,361	+109.1%	0.39%
ABNB	Airbnb, Inc. Consumer Cyclical	Added	3,458,771	+1,545,276	$436,773,601	+68.2%	0.39%
QQQ	Invesco Qqq Trust, Series 1	Added	743,424	+201,847	$429,089,464	+29.0%	0.38%