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Two Sigma Advisers, LP

CIK:0001478735
Hedge Fund
$66B AUM
2,300 holdings
New York, NY, United States
Founded:2001
604 employees
Latest filing:Jun 30, 2025

Two Sigma Advisers, LP is a leading quantitative hedge fund headquartered in New York City, United States. Founded in 2001 by John Overdeck, David Siegel, and Mark Pickard, the firm specializes in data-driven investment strategies and employs cutting-edge technologies such as artificial intelligence, machine learning, and distributed computing in its approach. As of recent disclosures, Two Sigma manages over $66 billion in assets and employs over 600 professionals, mostly scientists, engineers, and financial professionals. The firm primarily serves its own family of hedge funds, with no outside high-net-worth or retail clients. It is recognized for its rigorous research-driven culture, strong technology orientation, and track record of strong returns.

Investment Strategy

Two Sigma Advisers employs quantitative, statistically based investment strategies utilizing advanced mathematical models and machine learning to analyze large amounts of data. The firm implements a wide range of approaches including risk and merger arbitrage, event-driven strategies, long/short equity, volatility trading, and structured credit trading. By relying heavily on scientific inquiry, systematic research, and automation, Two Sigma seeks market inefficiencies and alpha generation using diversified and data-intensive processes. Their investment process leverages technology, statistical modeling, and computational methods to forecast financial outcomes and execute trades across global markets.

Top Buys
M
MSFTMICROSOFT CORP
+$516.8M
N
NFLXNETFLIX INC
+$504.4M
T
TMUST-MOBILE US INC
+$464.8M
C
COSTCOSTCO WHSL CORP NEW
+$411.1M
N
NKENIKE INC
+$379.9M
Top Sells
A
AVGOBROADCOM INC
-$554.9M
C
CSCOCISCO SYS INC
-$330.2M
A
AMGNAMGEN INC
-$310.8M
N
NVONOVO-NORDISK A S
-$241.2M
F
FTNTFORTINET INC
-$237.8M

Top Holdings

N
NVDANVIDIA CORPORATION
+3.0%$1.48B
M
MSFTMICROSOFT CORP
+3.0%$1.47B
A
AAPLAPPLE INC
+2.7%$1.31B
A
AMZNAMAZON COM INC
+2.2%$1.07B
G
GOOGLALPHABET INC
+1.6%$801.3M

Equity Positions (2,272)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION3.03%$1.48B9,361,800$58.31$157.99+$313.8M
M
MSFT
MICROSOFT CORP3.01%$1.47B2,951,300$338.49$497.41+$516.8M
A
AAPL
APPLE INC2.68%$1.31B6,382,300$169.10$205.17-$3.5M
A
AMZN
AMAZON COM INC2.18%$1.07B4,857,120$180.43$219.39+$212.3M
G
GOOGL
ALPHABET INC1.64%$801.3M4,547,100$136.09$176.23+$97.4M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+14.9%
SEMICONDUCTORS & RELATED DEVICES
+4.6%
SERVICES-BUSINESS SERVICES, NEC
+4.4%
PHARMACEUTICAL PREPARATIONS
+4.0%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+3.4%