TWO SIGMA SECURITIES LLC's Q1 2023 13F: 687 new positions, 717 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 1279 reported positions · accession 0000919574-23-003273
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | TESLA INC (TSLA) | 0.3% | 4.0% | +3.7 pts | +218K sh | +1247% |
| New | SPDR S&P 500 ETF TR (SPY) | — | 3.4% | +3.4 pts | +98,896 sh | new |
| Increased | APPLE INC (AAPL) | 1.1% | 3.1% | +2.0 pts | +166K sh | +281% |
| Increased | MICROSOFT CORP (MSFT) | 0.3% | 2.1% | +1.8 pts | +80,203 sh | +874% |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | 0.2% | 1.7% | +1.5 pts | +186K sh | +961% |
| Increased | INVESCO QQQ TR (QQQ) | 0.1% | 1.6% | +1.5 pts | +56,526 sh | +2572% |
| Increased | ALPHABET INC (GOOGL) | 0.4% | 1.7% | +1.4 pts | +173K sh | +615% |
| Increased | JPMORGAN CHASE & CO (JPM) | 0.1% | 1.5% | +1.4 pts | +136K sh | +2596% |
| Increased | OCCIDENTAL PETE CORP (OXY) | 0.1% | 1.4% | +1.4 pts | +272K sh | +3881% |
| Exited | ISHARES TR (SHY) | 1.2% | — | −1.2 pts | −103K sh | −100% |
| Increased | AMAZON COM INC (AMZN) | 1.1% | 2.0% | +0.8 pts | +135K sh | +140% |
| Increased | META PLATFORMS INC (META) | 0.3% | 1.3% | +1.1 pts | +59,978 sh | +393% |
| New | MASTERCARD INCORPORATED (MA) | — | 1.0% | +1.0 pts | +33,607 sh | new |
| Exited | J P MORGAN EXCHANGE TRADED F (JPST) | 1.0% | — | −1.0 pts | −141K sh | −100% |
| Exited | ISHARES TR (IEFA) | 0.9% | — | −0.9 pts | −106K sh | −100% |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 0.1% | 0.8% | +0.8 pts | +20,231 sh | +2485% |
| Increased | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.1% | 0.8% | +0.8 pts | +24,251 sh | +1655% |
| Exited | INTERNATIONAL BUSINESS MACHS (IBM) | 0.8% | — | −0.8 pts | −38,165 sh | −100% |
| Reduced | ROKU INC (ROKU) | 1.0% | 0.3% | −0.7 pts | −125K sh | −69% |
| Increased | ISHARES TR (IWM) | 0.3% | 0.8% | +0.6 pts | +45,509 sh | +412% |
| New | WELLS FARGO CO NEW (WFC) | — | 0.7% | +0.7 pts | +211K sh | new |
| Increased | MCDONALDS CORP (MCD) | 0.0% | 0.7% | +0.6 pts | +27,183 sh | +2382% |
| Increased | SPDR SER TR (BIL) | 0.3% | 0.8% | +0.5 pts | +82,547 sh | +419% |
| Increased | GOLDMAN SACHS GROUP INC (GS) | 0.5% | 0.9% | +0.4 pts | +22,458 sh | +205% |
| Increased | NORFOLK SOUTHN CORP (NSC) | 0.1% | 0.7% | +0.5 pts | +34,428 sh | +847% |
| Exited | ISHARES TR (IXUS) | 0.6% | — | −0.6 pts | −73,234 sh | −100% |
| New | BLOCK INC (XYZ) | — | 0.6% | +0.6 pts | +106K sh | new |
| Exited | INTEL CORP (INTC) | 0.6% | — | −0.6 pts | −160K sh | −100% |
| Increased | VISA INC (V) | 0.0% | 0.6% | +0.6 pts | +31,488 sh | +2083% |
| Increased | JOHNSON & JOHNSON (JNJ) | 0.1% | 0.6% | +0.5 pts | +45,287 sh | +1235% |
| Increased | AMERICAN EXPRESS CO (AXP) | 0.2% | 0.7% | +0.5 pts | +40,581 sh | +508% |
| Increased | LULULEMON ATHLETICA INC (LULU) | 0.4% | 0.8% | +0.4 pts | +18,312 sh | +191% |
| Exited | SPDR GOLD TR (GLD) | 0.5% | — | −0.5 pts | −22,598 sh | −100% |
| New | SERVICENOW INC (NOW) | — | 0.5% | +0.5 pts | +13,702 sh | new |
| Exited | FIRST SOLAR INC (FSLR) | 0.5% | — | −0.5 pts | −24,052 sh | −100% |
| Exited | HONEYWELL INTL INC (HON) | 0.5% | — | −0.5 pts | −16,746 sh | −100% |
| Exited | AMERICAN AIRLS GROUP INC (AAL) | 0.5% | — | −0.5 pts | −262K sh | −100% |
| New | DOLLAR TREE INC (DLTR) | — | 0.5% | +0.5 pts | +39,401 sh | new |
| Exited | VANGUARD SCOTTSDALE FDS (VGSH) | 0.5% | — | −0.5 pts | −56,906 sh | −100% |
| Reduced | ISHARES TR (EFA) | 1.1% | 0.2% | −0.9 pts | −77,561 sh | −66% |
| Exited | SELECT SECTOR SPDR TR (XLF) | 0.5% | — | −0.5 pts | −94,419 sh | −100% |
| Exited | STARBUCKS CORP (SBUX) | 0.4% | — | −0.4 pts | −31,504 sh | −100% |
| Increased | SNOWFLAKE INC (SNOW) | 0.2% | 0.6% | +0.4 pts | +34,677 sh | +384% |
| Exited | ISHARES TR (TLT) | 0.4% | — | −0.4 pts | −31,314 sh | −100% |
| Exited | DISNEY WALT CO (DIS) | 0.4% | — | −0.4 pts | −35,877 sh | −100% |
| Increased | WALMART INC (WMT) | 0.1% | 0.5% | +0.4 pts | +36,099 sh | +663% |
| Exited | ISHARES INC (EWG) | 0.4% | — | −0.4 pts | −125K sh | −100% |
| Increased | BANK AMERICA CORP (BAC) | 0.3% | 0.6% | +0.3 pts | +184K sh | +273% |
| Reduced | NUCOR CORP (NUE) | 0.7% | 0.0% | −0.6 pts | −32,633 sh | −90% |
| Increased | SPDR SER TR (SPTI) | 0.2% | 0.6% | +0.3 pts | +174K sh | +303% |
The 50 largest of 1,991 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- AGILE THERAPEUTICS INC (AGRX): 13,000 shares as filed last quarter, 13,000 after adjustment → 19,831 now (prior share count corrected for a stock split)
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- OPGEN INC (OPGN): 68373L307 → 68373L406, 19,986 → 13,508 shares (share count changed with the identifier; not shown as a trade)
- PANBELA THERAPEUTICS INC (PBLA): 69833W107 → 69833W206, 66,165 → 48,050 shares (share count changed with the identifier; not shown as a trade)
- JAGUAR HEALTH INC (JAGX): 47010C607 → 47010C706, 64,470 → 51,931 shares (share count changed with the identifier; not shown as a trade)
- TENAX THERAPEUTICS INC (TENX): 88032L209 → 88032L506, 67,723 → 42,995 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 22.5% of the equity book
Changes in the top 10 this quarter: TSLA entered · SPY entered · MSFT entered · GOOGL entered · AMD entered · QQQ entered · JPM entered · OXY entered · PYPL left · SHY left · SCHF left · EFA left · BABA left · ROKU left · MRNA left · JPST left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | TESLA INC (TSLA) | 0.3% | 4.0% | Entered the top 10 |
| 2 | SPDR S&P 500 ETF TR (SPY) | 0.0% | 3.4% | Entered the top 10 |
| 3 | APPLE INC (AAPL) | 1.1% | 3.1% | |
| 4 | MICROSOFT CORP (MSFT) | 0.3% | 2.1% | Entered the top 10 |
| 5 | AMAZON COM INC (AMZN) | 1.1% | 2.0% | |
| 6 | ALPHABET INC (GOOGL) | 0.4% | 1.7% | Entered the top 10 |
| 7 | ADVANCED MICRO DEVICES INC (AMD) | 0.2% | 1.7% | Entered the top 10 |
| 8 | INVESCO QQQ TR (QQQ) | 0.1% | 1.6% | Entered the top 10 |
| 9 | JPMORGAN CHASE & CO (JPM) | 0.1% | 1.5% | Entered the top 10 |
| 10 | OCCIDENTAL PETE CORP (OXY) | 0.1% | 1.4% | Entered the top 10 |
| — | PAYPAL HLDGS INC (PYPL) | 1.2% | 0.9% | Left the top 10 |
| — | ISHARES TR (SHY) | 1.2% | 0.0% | Left the top 10 |
| — | SCHWAB STRATEGIC TR (SCHF) | 1.1% | 0.4% | Left the top 10 |
| — | ISHARES TR (EFA) | 1.1% | 0.2% | Left the top 10 |
| — | ALIBABA GROUP HLDG LTD (BABA) | 1.1% | 1.0% | Left the top 10 |
| — | ROKU INC (ROKU) | 1.0% | 0.3% | Left the top 10 |
| — | MODERNA INC (MRNA) | 1.0% | 0.6% | Left the top 10 |
| — | J P MORGAN EXCHANGE TRADED F (JPST) | 1.0% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Increased | APPLE INC (AAPL) | Put | 81,100 | 475K | $78.3M |
| Increased | TESLA INC (TSLA) | Put | 58,500 | 274K | $56.9M |
| Increased | APPLE INC (AAPL) | Call | 88,300 | 355K | $58.6M |
| Increased | MICROSOFT CORP (MSFT) | Put | 15,700 | 173K | $49.8M |
| Increased | AMAZON COM INC (AMZN) | Put | 253K | 626K | $64.7M |
| Increased | MASTERCARD INCORPORATED (MA) | Put | 3,800 | 93,400 | $33.9M |
| Increased | INTEL CORP (INTC) | Call | 205K | 1.02M | $33.3M |
| Increased | TARGET CORP (TGT) | Put | 17,500 | 181K | $30M |
| Reduced | PAYPAL HLDGS INC (PYPL) | Call | 456K | 86,600 | $6.58M |
| Increased | BOEING CO (BA) | Put | 41,800 | 158K | $33.5M |
| Reduced | JOHNSON & JOHNSON (JNJ) | Call | 179K | 41,200 | $6.39M |
| Increased | BOEING CO (BA) | Call | 30,900 | 132K | $28.1M |
| Increased | VISA INC (V) | Put | 16,900 | 106K | $23.9M |
| Reduced | ROKU INC (ROKU) | Call | 559K | 38,200 | $2.51M |
| Reduced | JOHNSON & JOHNSON (JNJ) | Put | 159K | 65,000 | $10.1M |
| Increased | TEXAS INSTRS INC (TXN) | Call | 21,500 | 113K | $21.1M |
| Reduced | ROKU INC (ROKU) | Put | 492K | 67,500 | $4.44M |
| Increased | NVIDIA CORPORATION (NVDA) | Put | 81,300 | 97,500 | $27.1M |
| Increased | MASTERCARD INCORPORATED (MA) | Call | 8,900 | 49,700 | $18.1M |
| Increased | TARGET CORP (TGT) | Call | 20,500 | 107K | $17.8M |
| Increased | LULULEMON ATHLETICA INC (LULU) | Put | 7,400 | 46,300 | $16.9M |
| Increased | LULULEMON ATHLETICA INC (LULU) | Call | 6,600 | 45,200 | $16.5M |
| Increased | ISHARES TR (IWM) | Put | 46,000 | 123K | $22M |
| Increased | QUALCOMM INC (QCOM) | Put | 107K | 197K | $25.2M |
| Increased | INTEL CORP (INTC) | Put | 472K | 787K | $25.7M |