TWO SIGMA ADVISERS, LP

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$51.4B

Total Positions

2,329

New This Quarter

382

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

NVDA3.25%

AAPL3.12%

MSFT2.51%

AMZN2.23%

JPM1.38%

MA1.36%

MU1.29%

PLTR1.27%

SCHW1.22%

TSLA1.22%

Other15.58%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

HOOD13Q held

Robinhood Markets Inc

Avg $15.88 · $8.7M est. P&L

Est. P&L

+626.97%

GFI29Q held

GOLD FIELDS LTD

Avg $7.83 · $5.3M est. P&L

Est. P&L

+463.82%

OMER20Q held

OMEROS CORP

Avg $3.49 · $1M est. P&L

Est. P&L

+385.31%

Top Losers

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View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 2329 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
NVDA NVIDIA Corp	9M	$1.7B	3.2%	—	$121.52	+54.33%	12 qtrs	Increased 64
AAPL Apple Inc	5.9M	$1.6B	3.1%	—	$173.42	+57.32%	27 qtrs	Increased 63
MSFT Microsoft Corp	2.7M	$1.3B	2.5%	—	$331.81	+46.91%	27 qtrs	Decreased 0
AMZN Amazon.com Inc	5M	$1.1B	2.2%	—	$182.34	+27.53%	28 qtrs	Increased 56
JPM JPMORGAN CHASE & CO.	2.2M	$710.2M	1.4%	—	$308.45	+4.38%	5 qtrs	Decreased 0
MA Mastercard Inc	1.2M	$701M	1.4%	—	$463.45	+24.40%	29 qtrs	Increased 56
MU Micron Technology Inc	2.3M	$665.5M	1.3%	—	$163.68	+78.78%	3 qtrs	Decreased 0
PLTR Palantir Technologies Inc	3.7M	$653.1M	1.3%	—	$106.02	+70.57%	5 qtrs	Decreased 0
SCHW Charles Schwab Corp/The	6.3M	$627.8M	1.2%	—	$77.59	+29.15%	6 qtrs	Increased 52
TSLA Tesla Inc	1.4M	$625.1M	1.2%	—	$422.91	+7.45%	6 qtrs	Increased 74
AMD Advanced Micro Devices Inc	2.9M	$621.1M	1.2%	—	$194.63	+10.64%	2 qtrs	Increased 80
ISRG Intuitive Surgical Inc	1.1M	$604.1M	1.2%	—	$465.79	+22.94%	6 qtrs	Decreased 0
BSX Boston Scientific Corp	6.3M	$600.6M	1.2%	—	$97.85	-1.88%	7 qtrs	Increased 58
LMT Lockheed Martin Corp	1.2M	$591.6M	1.2%	—	$427.47	+14.16%	16 qtrs	Increased 51
ADBE Adobe Inc	1.7M	$584M	1.1%	—	$415.86	-15.23%	18 qtrs	Increased 51
TMUS T-Mobile US Inc	2.8M	$574.2M	1.1%	—	$227.09	-10.26%	6 qtrs	Increased 63
PGR Progressive Corp/The	2.5M	$559.7M	1.1%	—	$222.79	-2.94%	14 qtrs	Increased 72
RBLX ROBLOX Corp	6.5M	$527.3M	1.0%	—	$65.87	+24.19%	18 qtrs	Increased 80
TSM TAIWAN SEMICONDUCTOR MFG LTD	1.7M	$505.2M	1.0%	—	$290.55	+3.11%	7 qtrs	Increased 71
TJX TJX Cos Inc/The	3.3M	$504.2M	1.0%	—	$149.53	+3.60%	2 qtrs	Increased 71
ABNB Airbnb Inc	3.7M	$503M	1.0%	—	$129.93	+5.37%	20 qtrs	Decreased 0
REGN Regeneron Pharmaceuticals Inc	604,540	$466.6M	0.9%	—	$587.48	+31.74%	4 qtrs	Decreased 0
NET Cloudflare Inc	2.3M	$461.3M	0.9%	—	$180.05	+10.87%	17 qtrs	Increased 62
NOW ServiceNow Inc	3M	$460.1M	0.9%	—	$154.24	-0.01%	29 qtrs	Increased 71
ALNY Alnylam Pharmaceuticals Inc	1.1M	$450.4M	0.9%	—	$388.47	+2.26%	8 qtrs	Increased 55
Showing 25 of 2,329 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

ADBEAdobe Inc

Q1 2024 → Q4 2025+1.6M shares+$570.1M

ABCLABCELLERA BIOLOGICS INC

Q1 2024 → Q4 2025+3.9M shares+$11M

ARTNAARTESIAN RES CORP

Q2 2024 → Q4 2025+48,900 shares+$1.4M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer