TWO SIGMA INVESTMENTS, LP
CIK: 0001179392Latest portfolio: $70.9B · Q4 2025
Holdings
3,534
Total Value
$70.9B
New Positions
556
Closed Positions
426
Top Holdings
View All 3,534 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | BRK/BBERKSHIRE HATHAWAY INC DEL | 884,154 | $444.0M | 0.63% | +496K | Put |
| 2 | XLKSELECT SECTOR SPDR TR | 2,801,547 | $403.0M | 0.57% | +2.8M | |
| 3 | XLYSELECT SECTOR SPDR TR | 3,383,220 | $403.0M | 0.57% | +3.0M | |
| 4 | VUGVANGUARD INDEX FDS | 816,840 | $398.0M | 0.56% | -49,260 | |
| 5 | IWFISHARES TR | 813,789 | $385.0M | 0.54% | +227K | |
| 6 | SPYSPDR S&P 500 ETF TR | 552,897 | $376.0M | 0.53% | -668,076 | Put |
| 7 | RIVNRIVIAN AUTOMOTIVE INC | 19,159,484 | $376.0M | 0.53% | -3,333,501 | Put |
| 8 | AAPLAPPLE INC | 1,383,843 | $375.0M | 0.53% | +444K | Put |
| 9 | NVDANVIDIA CORPORATION | 1,945,491 | $361.0M | 0.51% | +386K | Put |
| 10 | PLTRPALANTIR TECHNOLOGIES INC | 1,979,360 | $350.0M | 0.49% | +290K | Put |
| 11 | SATS 3.875 11/30/30ECHOSTAR CORP | 102,516,000 | $342.0M | 0.48% | +15.9M | |
| 12 | NDQINVESCO QQQ TR | 541,577 | $332.0M | 0.47% | -695,381 | Put |
| 13 | TSLATESLA INC | 735,158 | $329.0M | 0.46% | +141K | Put |
| 14 | VNQVANGUARD INDEX FDS | 3,573,400 | $316.0M | 0.45% | NEW | |
| 15 | AMZNAMAZON COM INC | 1,362,437 | $314.0M | 0.44% | +139K | Put |
| 16 | SOFISOFI TECHNOLOGIES INC | 11,928,703 | $311.0M | 0.44% | +3.0M | Put |
| 17 | AMDADVANCED MICRO DEVICES INC | 1,460,691 | $311.0M | 0.44% | -47,640 | Put |
| 18 | MUMICRON TECHNOLOGY INC | 1,077,889 | $306.0M | 0.43% | -644,243 | Put |
| 19 | WDC 3 11/15/28WESTERN DIGITAL CORP | 62,584,000 | $286.0M | 0.40% | -5,516,000 | |
| 20 | MSFTMICROSOFT CORP | 570,234 | $274.0M | 0.39% | +42K | Put |
| 21 | IVVISHARES TR | 392,760 | $269.0M | 0.38% | -107,940 | |
| 22 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 888,449 | $269.0M | 0.38% | +22K | Put |
| 23 | GMGENERAL MTRS CO | 3,314,035 | $268.0M | 0.38% | NEW | Put |
| 24 | TJXTJX COS INC NEW | 1,734,630 | $265.0M | 0.37% | +49K | Put |
| 25 | ISRGINTUITIVE SURGICAL INC | 459,879 | $260.0M | 0.37% | -91,138 |
Quarterly Changes
New Positions
Increased Positions
| Name | Shares | Change |
|---|---|---|
| AKAM 1.125 02/15/29 | 53.4M | +33.9M |
| RIVN 3.625 10/15/30 | 75.6M | +25.5M |
| SIRI 3.75 03/15/28 | 35.9M | +22.6M |
| STX 3.5 06/01/28 | 52.5M | +22.6M |
| VTR 3.75 06/01/26 | 62.0M | +20.7M |
| NBR 1.75 06/15/29 | 30.1M | +19.0M |
| PLUN | 28.4M | +17.5M |
| GVA 3.25 06/15/30 | 31.9M | +10.0M |
| BAC 0.6 05/25/27 MTN | 25.0M | +10.0M |
| TCOM 0.75 06/15/29 | 39.0M | +9.0M |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| UGI 5 06/01/28 | 14.1M | -27500000 |
| WT 3.25 06/15/26 | 12.3M | -12750000 |
| BABA 0.5 06/01/31 | 55.1M | -10000000 |
| ALRM 2.25 06/01/29 | 11.9M | -9550000 |
| BBD | 22.2M | -9168967 |
| DXCM 0.375 05/15/28 | 12.0M | -8344000 |
| GBX 2.875 04/15/28 | 21.0M | -7500000 |
| SNOW 0 10/01/29 | 12.5M | -6900000 |
| EQXCN 4.75 10/15/28 | 11.9M | -6000000 |
| XLFI | 520K | -5727704 |
Sector Breakdown
UnknownNaN% ($InfinityT)
Financial ServicesNaN% ($InfinityT)
Consumer CyclicalNaN% ($InfinityT)
TechnologyNaN% ($InfinityT)
HealthcareNaN% ($InfinityT)
IndustrialsNaN% ($InfinityT)
Communication ServicesNaN% ($InfinityT)
Consumer DefensiveNaN% ($InfinityT)
Real EstateNaN% ($InfinityT)
EnergyNaN% ($InfinityT)
Basic MaterialsNaN% ($InfinityT)
Utilities0.0% ($1.51000117000116e+246T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $70.9B | 4,041 |
| Q3 2025 | Nov 14, 2025 | $67.2T | 3,628 |
| Q2 2025 | Aug 14, 2025 | $56.5T | 3,150 |
| Q1 2025 | May 15, 2025 | $46.8T | 3,162 |
| Q4 2024 | Feb 14, 2025 | $45.9T | 3,161 |
| Q3 2024 | Nov 14, 2024 | $45634.1T | 3,085 |
| Q2 2024 | Aug 14, 2024 | $43901.3T | 2,989 |
| Q1 2024 | May 15, 2024 | $42611.0T | 2,986 |
| Q4 2023 | Feb 14, 2024 | $43537.7T | 3,116 |
| Q3 2023 | Nov 14, 2023 | $37171.0T | 2,928 |
| Q2 2023 | Aug 14, 2023 | $39869.9T | 2,967 |
| Q1 2023 | May 15, 2023 | $34986.3T | 2,921 |
| Q4 2022 | Feb 14, 2023 | $31850.4T | 2,767 |
| Q3 2022 | Nov 14, 2022 | $29.4T | 2,432 |
| Q2 2022 | Aug 15, 2022 | $30.3T | 2,444 |
| Q1 2022 | May 16, 2022 | $33.9T | 2,540 |
| Q4 2021 | Feb 14, 2022 | $46.8T | 4,189 |
| Q3 2021 | Nov 15, 2021 | $44.7T | 4,175 |
| Q2 2021 | Aug 16, 2021 | $44.1T | 3,960 |
| Q1 2021 | May 17, 2021 | $38.4T | 3,749 |
| Q4 2020 | Feb 16, 2021 | $34.9T | 3,275 |
| Q3 2020 | Nov 16, 2020 | $28.2T | 3,013 |
| Q2 2020 | Aug 14, 2020 | $20.2T | 2,881 |
| Q1 2020 | May 15, 2020 | $12.3T | 2,994 |
| Q4 2019 | Feb 14, 2020 | $33.2T | 3,595 |
| Q3 2019 | Nov 14, 2019 | $29.7T | 3,391 |
| Q2 2019 | Aug 14, 2019 | $29.9T | 3,271 |
| Q1 2019 | May 15, 2019 | $30.8T | 2,965 |
| Q4 2018 | Feb 14, 2019 | $25.5T | 2,907 |
| Q3 2018 | Nov 14, 2018 | $36.7T | 3,120 |
| Q2 2018 | Aug 14, 2018 | $33.5T | 3,270 |
| Q1 2018 | May 15, 2018 | $30.0T | 3,099 |
| Q4 2017 | Feb 14, 2018 | $30.7T | 3,076 |
| Q3 2017 | Nov 14, 2017 | $28.2T | 2,714 |
| Q2 2017 | Aug 14, 2017 | $27.6T | 2,923 |
| Q1 2017 | May 15, 2017 | $29.7T | 2,829 |
| Q4 2016 | Feb 14, 2017 | $26.1T | 3,021 |
| Q3 2016 | Nov 14, 2016 | $27.6T | 3,049 |
| Q2 2016 | Aug 15, 2016 | $23.3T | 2,860 |
| Q1 2016 | May 16, 2016 | $21.0T | 2,744 |
Fund Information
TWO SIGMA INVESTMENTS, LP is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $70.9B across 3,534 holdings. The largest position is BERKSHIRE HATHAWAY INC DEL (BRK/B), representing 0.6% of the portfolio. Compared to the previous quarter, the fund opened 783 new positions and closed 634 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.