TWO SIGMA SECURITIES LLC's Q4 2023 13F: 755 new positions, 679 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 1398 reported positions · accession 0000919574-24-001397
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SPDR S&P 500 ETF TR (SPY) | 10.4% | 3.5% | −6.9 pts | −366K sh | −70% |
| Reduced | META PLATFORMS INC (META) | 3.4% | 0.3% | −3.1 pts | −230K sh | −92% |
| Reduced | TESLA INC (TSLA) | 4.5% | 2.0% | −2.5 pts | −216K sh | −55% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.6% | 3.0% | +2.5 pts | +105K sh | +365% |
| Increased | NETFLIX INC (NFLX) | 0.1% | 2.3% | +2.2 pts | +100K sh | +3130% |
| Increased | APPLE INC (AAPL) | 8.4% | 11.4% | +3.0 pts | +227K sh | +21% |
| Reduced | WALMART INC (WMT) | 2.7% | 0.7% | −2.0 pts | −270K sh | −74% |
| Reduced | MASTERCARD INCORPORATED (MA) | 1.6% | 0.0% | −1.6 pts | −86,483 sh | −98% |
| Increased | VISA INC (V) | 0.0% | 1.6% | +1.6 pts | +131K sh | +2968% |
| New | MICRON TECHNOLOGY INC (MU) | — | 1.3% | +1.3 pts | +339K sh | new |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 0.5% | 1.9% | +1.3 pts | +263K sh | +202% |
| Reduced | MICROSOFT CORP (MSFT) | 4.0% | 3.5% | −0.5 pts | −72,000 sh | −26% |
| Increased | AMAZON COM INC (AMZN) | 3.2% | 5.0% | +1.8 pts | +174K sh | +32% |
| Reduced | ALPHABET INC (GOOGL) | 2.6% | 1.7% | −0.9 pts | −165K sh | −38% |
| Increased | CITIGROUP INC (C) | 0.3% | 1.1% | +0.9 pts | +353K sh | +265% |
| Increased | EXXON MOBIL CORP (XOM) | 0.3% | 1.1% | +0.8 pts | +179K sh | +280% |
| Reduced | CISCO SYS INC (CSCO) | 0.8% | 0.0% | −0.8 pts | −309K sh | −98% |
| Reduced | TARGET CORP (TGT) | 0.6% | 0.0% | −0.6 pts | −109K sh | −98% |
| Reduced | DOORDASH INC (DASH) | 0.6% | 0.1% | −0.5 pts | −143K sh | −81% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.0% | 0.6% | +0.6 pts | +20,518 sh | +2795% |
| Increased | STARBUCKS CORP (SBUX) | 0.3% | 0.9% | +0.6 pts | +140K sh | +219% |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 0.5% | 0.0% | −0.5 pts | −344K sh | −95% |
| Increased | NIKE INC (NKE) | 0.7% | 1.4% | +0.7 pts | +119K sh | +76% |
| New | LAM RESEARCH CORP (LRCX) | — | 0.6% | +0.6 pts | +16,106 sh | new |
| Increased | VERTEX PHARMACEUTICALS INC (VRTX) | 0.1% | 0.7% | +0.6 pts | +29,973 sh | +505% |
| Reduced | ASML HOLDING N V (ASML) | 0.5% | 0.0% | −0.4 pts | −15,755 sh | −95% |
| Increased | PINTEREST INC (PINS) | 0.0% | 0.6% | +0.5 pts | +319K sh | +3695% |
| Exited | ISHARES TR (AGG) | 0.5% | — | −0.5 pts | −121K sh | −100% |
| Reduced | RTX CORPORATION (RTX) | 0.9% | 0.5% | −0.4 pts | −137K sh | −50% |
| New | LULULEMON ATHLETICA INC (LULU) | — | 0.5% | +0.5 pts | +22,142 sh | new |
| Reduced | BRISTOL-MYERS SQUIBB CO (BMY) | 0.9% | 0.3% | −0.6 pts | −213K sh | −66% |
| Increased | BOEING CO (BA) | 0.6% | 1.2% | +0.7 pts | +41,199 sh | +65% |
| Increased | PAYPAL HLDGS INC (PYPL) | 0.6% | 1.1% | +0.5 pts | +169K sh | +80% |
| Increased | MARRIOTT INTL INC NEW (MAR) | 0.2% | 0.7% | +0.5 pts | +45,146 sh | +237% |
| Reduced | DELTA AIR LINES INC DEL (DAL) | 0.5% | 0.0% | −0.4 pts | −247K sh | −93% |
| Increased | UNITEDHEALTH GROUP INC (UNH) | 0.0% | 0.5% | +0.5 pts | +18,853 sh | +4678% |
| Increased | AMGEN INC (AMGN) | 0.0% | 0.4% | +0.4 pts | +30,820 sh | +2612% |
| Increased | CARNIVAL CORP (CCL) | 0.1% | 0.5% | +0.4 pts | +460K sh | +321% |
| Reduced | AFFIRM HLDGS INC (AFRM) | 0.2% | 0.1% | −0.1 pts | −168K sh | −77% |
| Increased | PFIZER INC (PFE) | 0.6% | 0.9% | +0.3 pts | +270K sh | +68% |
| Increased | ISHARES TR (IWM) | 0.2% | 0.6% | +0.4 pts | +37,078 sh | +161% |
| Increased | SALESFORCE INC (CRM) | 0.0% | 0.4% | +0.3 pts | +27,170 sh | +1352% |
| New | ROBINHOOD MKTS INC (HOOD) | — | 0.3% | +0.3 pts | +558K sh | new |
| New | D R HORTON INC (DHI) | — | 0.3% | +0.3 pts | +46,228 sh | new |
| Increased | AUTOZONE INC (AZO) | 0.0% | 0.4% | +0.3 pts | +2,630 sh | +745% |
| Exited | OKTA INC (OKTA) | 0.3% | — | −0.3 pts | −82,553 sh | −100% |
| Reduced | T-MOBILE US INC (TMUS) | 0.4% | 0.1% | −0.3 pts | −42,257 sh | −69% |
| Reduced | BOOKING HOLDINGS INC (BKNG) | 0.3% | 0.1% | −0.3 pts | −1,907 sh | −82% |
| Reduced | DATADOG INC (DDOG) | 0.3% | 0.0% | −0.2 pts | −55,618 sh | −91% |
| Increased | REGENERON PHARMACEUTICALS (REGN) | 0.0% | 0.3% | +0.3 pts | +7,681 sh | +2686% |
The 50 largest of 2,072 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- VOLCON INC (VLCN): 92864V103 → 92864V202, 23,780 → 41,946 shares (share count changed with the identifier; not shown as a trade)
- DIREXION SHS ETF TR (TMF): 25459W540 → 25460G138, 503K → 4,313 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 38.2% of the equity book
Changes in the top 10 this quarter: NVDA entered · NFLX entered · TSM entered · META left · WMT left · MA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 8.4% | 11.4% | |
| 2 | AMAZON COM INC (AMZN) | 3.2% | 5.0% | |
| 3 | ADVANCED MICRO DEVICES INC (AMD) | 2.8% | 4.0% | |
| 4 | SPDR S&P 500 ETF TR (SPY) | 10.4% | 3.5% | |
| 5 | MICROSOFT CORP (MSFT) | 4.0% | 3.5% | |
| 6 | NVIDIA CORPORATION (NVDA) | 0.6% | 3.0% | Entered the top 10 |
| 7 | NETFLIX INC (NFLX) | 0.1% | 2.3% | Entered the top 10 |
| 8 | TESLA INC (TSLA) | 4.5% | 2.0% | |
| 9 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 0.5% | 1.9% | Entered the top 10 |
| 10 | ALPHABET INC (GOOGL) | 2.6% | 1.7% | |
| — | META PLATFORMS INC (META) | 3.4% | 0.3% | Left the top 10 |
| — | WALMART INC (WMT) | 2.7% | 0.7% | Left the top 10 |
| — | MASTERCARD INCORPORATED (MA) | 1.6% | 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 | 1.19M | 1.85M | $357M |
| Increased | META PLATFORMS INC (META) | Call | 241K | 425K | $150M |
| Increased | NVIDIA CORPORATION (NVDA) | Put | 234K | 349K | $173M |
| Increased | BOEING CO (BA) | Put | 126K | 306K | $79.8M |
| Increased | TESLA INC (TSLA) | Call | 270K | 495K | $123M |
| Increased | NETFLIX INC (NFLX) | Put | 75,800 | 168K | $81.6M |
| Increased | SPDR S&P 500 ETF TR (SPY) | Call | 89,200 | 191K | $90.7M |
| Reduced | CHEVRON CORP NEW (CVX) | Put | 437K | 170K | $25.4M |
| Increased | BROADCOM INC (AVGO) | Call | 37,800 | 69,300 | $77.4M |
| Increased | NVIDIA CORPORATION (NVDA) | Call | 191K | 257K | $127M |
| Increased | MICROSOFT CORP (MSFT) | Call | 337K | 394K | $148M |
| Reduced | SPDR S&P 500 ETF TR (SPY) | Put | 496K | 364K | $173M |
| Reduced | WALMART INC (WMT) | Put | 363K | 140K | $22M |
| Increased | AMAZON COM INC (AMZN) | Put | 791K | 898K | $136M |
| Reduced | ALPHABET INC (GOOGL) | Put | 755K | 451K | $63M |
| Reduced | ALPHABET INC (GOOGL) | Call | 469K | 198K | $27.7M |
| Increased | VISA INC (V) | Put | 49,800 | 161K | $41.9M |
| Increased | CONOCOPHILLIPS (COP) | Call | 29,300 | 287K | $33.3M |
| Increased | BOEING CO (BA) | Call | 72,800 | 167K | $43.5M |
| Increased | MERCK & CO INC (MRK) | Call | 44,600 | 284K | $31M |
| Reduced | MICROSOFT CORP (MSFT) | Put | 525K | 508K | $191M |
| Reduced | ABBVIE INC (ABBV) | Put | 246K | 76,400 | $11.8M |
| Reduced | UNITEDHEALTH GROUP INC (UNH) | Call | 87,500 | 42,300 | $22.3M |
| Increased | VISA INC (V) | Call | 87,000 | 160K | $41.6M |
| Reduced | T-MOBILE US INC (TMUS) | Put | 242K | 76,900 | $12.3M |