The second-most significant trade was in payment fintech company Paypal Holdings Inc (US:PYPL) with a 0.634% allocation increase to 0.75% of the fund, worth $239.17 million at the end of 2022. Amazon also recently completed its acquisition of 1life Healthcare (US:ONEM). The results were below market forecasts and included guidance for Q1 for the market to expect $121 billion to $126 billion in sales.

The stock is still trading about 9% higher this year but has trended lower in February since reporting fourth quarter results at the beginning of the month. The fund holds a total of 2.84 million shares in Amazon.Īmazon shares have retreated around 50% from pandemic highs and have recently fallen from a relief rally since the beginning of 2023. The largest allocation increase by the fund was in e-commerce conglomerate (US:AMZN) with a 0.717% allocation increase to 0.75% of the total portfolio, worth $238.54 million at the close of 2022. Two Sigma’s top portfolio increases during the quarter: ( US:AMD) Advanced Micro Devices Inc – 0.78% weight.( US:GILD) Gilead Sciences, Inc – 0.80% weight.( US:QQQ) Invesco QQQ Trust ETF – 0.94% weight.Meanwhile, the top five positions by size held by the fund at the end of the quarter were: 17 that Siegel and co-chairman John Overdeck, were among Wall Street’s highest paid fund managers, raking in $411 million each last year. Meanwhile, Bloomberg News reported on Feb. Two Sigma reported a fund value of $31.85 billion at the close of 2022, growing from $29.42 billion in the previous filing. The hedge fund reported 2,767 positions, up from 2,434 positions reported at the end of the preceding quarter. 31, according to the firm’s most recent SEC form 13F filing.

New York-based hedge fund Two Sigma, led by David Siegel, poured into ( US:AMZN) and Paypal Holdings Inc ( US:PYPL) in the quarter ending Dec.

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