Twin Tree Management’s State Street SPDR S&P Bank ETF KBE Stock Holding History

Twin Tree Management’s Portfolio KBE Stock Details KBE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-114,200	Closed	-$6.37M	–	1662
2025 Q2	$6.37M	Buy	+114,200	New	+$5.95M	0.01%	919
2025 Q1	–	Sell	-126,500	Closed	-$7.02M	–	1746
2024 Q4	$7.02M	Buy	+126,500	New	+$7.22M	0.01%	821
2022 Q2	–	Sell	-543,800	Closed	-$28.5M	–	1684
2022 Q1	$28.5M	Buy	543,800 +463,200	+575%	+$25.8M	0.05%	361
2021 Q4	$4.4M	Buy	+80,600	New	+$4.47M	0.01%	883
2021 Q2	–	Sell	-613,600	Closed	-$31.8M	–	1492
2021 Q1	$31.8M	Sell	613,600 -501,000	-45%	-$24.4M	0.12%	184
2020 Q4	$46.6M	Buy	1,114,600 +258,600	+30%	+$9.58M	0.19%	129
2020 Q3	$25.2M	Buy	856,000 +371,400	+77%	+$11.6M	0.1%	215
2020 Q2	$15.3M	Buy	484,600 +399,100	+467%	+$12M	0.06%	352
2020 Q1	$2.31M	Buy	+85,500	New	+$3.42M	0.01%	680

Other funds holding KBE

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

WBG

Wharton Business Group Malvern, Pennsylvania $2.65B AUM 20.73% 1-Year Est. Return

MAM

Madison Asset Management Madison, Wisconsin $8.06B AUM 11.81% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Twin Tree Management's KBE Position: Q4 2025 in Review

Twin Tree Management sold out of State Street SPDR S&P Bank ETF (KBE) in Q4 2025, closing a stake of 4,323 shares — an estimated $257K sold.

Twin Tree Management first reported a position in KBE in Q1 2020 and held it in 12 quarters. The position peaked at $12.4M in Q2 2023. 264 funds tracked by Wall St. Rank hold KBE as of Q4 2025.

Twin Tree Management reported no remaining State Street SPDR S&P Bank ETF position as of Q4 2025 after selling out during the quarter.
Twin Tree Management sold 4,323 State Street SPDR S&P Bank ETF shares in Q4 2025, an estimated $257K.
Twin Tree Management first reported a position in State Street SPDR S&P Bank ETF in Q1 2020 and held it in 12 quarters.
Twin Tree Management's State Street SPDR S&P Bank ETF position peaked at $12.4M in Q2 2023.
264 funds tracked by Wall St. Rank held State Street SPDR S&P Bank ETF as of Q4 2025.

Based on Twin Tree Management's 13F filing for Q4 2025, filed 11 Feb 2026.