From Yahoo Finance: 2025-05-09 04:28:00

Two Sigma Advisors, a leading quantitative hedge fund, manages $60 billion in assets as of April 2025. Quant funds like Two Sigma, D.E. Shaw, and Citadel saw double-digit growth in 2024 despite negative drivers in certain sectors. Two Sigma’s Spectrum Fund returned 10.9% and 14.3%, underperforming the S&P 500’s 25.0% gain.

In August last year, Two Sigma’s billionaire founders stepped back from active management due to unresolved tension. However, recent reports suggest that John Overdeck is returning to an active management role. This move comes amidst concerns about a potential recession in the US, as highlighted by Zurich Insurance Group’s chief market strategist.

NVIDIA Corporation (NVDA) is among Two Sigma’s top stock picks with a 40.30% upside potential as of May 8, 2025. Despite trade restrictions impacting the company, ARK Invest recently purchased shares worth over $12 million. Piper Sandler reaffirmed an Overweight rating on NVDA stock, with a $150 price target, citing potential risks to data center revenue.

NVDA ranks 3rd on the list of billionaire quants’ two sigma’s stock picks. While NVDA is a promising investment, AI stocks are seen as holding greater potential for higher returns in a shorter time frame. Consider exploring AI stocks for potentially more promising opportunities.



Read more at Yahoo Finance: Among Billionaire Quants’ Two Sigma’s Stock Picks with Huge Upside Potential