We are live on
!
Find out more
Twin Tree Management Portfolio holdings
AUM
$4.75B
1-Year Est. Return
58.16%
This Fund
S&P 500
This Quarter
Est. Return
+30.74%
1 Year Est. Return
+58.16%
3 Year Est. Return
+159.37%
5 Year Est. Return
+138.93%
10 Year Est. Return
+547.41%
AUM
$24.6B
AUM Growth
+$3.78B
(+18%)
Cap. Flow
-$1.16B
Cap. Flow
% of AUM
-4.71%
Top 10 Holdings %
Top 10 Hldgs %
24.81%
Holding
1,786
New
462
Increased
435
Reduced
424
Closed
361
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$25.7M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$21.3M |
| 3 |
Franco-Nevada
FNV
|
+$20.1M |
| 4 |
Bank of America
BAC
|
+$20M |
| 5 |
State Street SPDR S&P Metals & Mining ETF
XME
|
+$19.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$89.6M |
| 2 |
iShares Silver Trust
SLV
|
+$85.5M |
| 3 |
PayPal
PYPL
|
+$76.1M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$66.2M |
| 5 |
Mastercard
MA
|
+$56.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.36% |
| 2 | Financials | 1.01% |
| 3 | Healthcare | 0.91% |
| 4 | Consumer Discretionary | 0.67% |
| 5 | Industrials | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Match Group
MTCH
$9.05B
| $11.3M | 0.05% |
34,895
+34,877
| +193,761% | +$2.92M |
|
427
PUT
Monolithic Power Systems
MPWR
$65.8B
| $11.3M | 0.05% |
+47,600
| New | +$9.64M |
|
428
Pfizer
PFE
$141B
| $11.2M | 0.05% |
+362,467
| New | +$12.3M |
|
429
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $11.2M | 0.05% |
+398,360
| New | +$10.5M |
|
430
Intuit
INTU
$83.1B
| $11.2M | 0.05% |
+37,673
| New | +$10.3M |
|
431
Teva Pharmaceuticals
TEVA
$36.2B
| $11.1M | 0.05% |
904,073
+135,711
| +18% | +$1.53M |
|
432
CALL
IBM
IBM
$204B
| $11.1M | 0.05% |
95,814
-30,543
| -24% | -$3.55M |
|
433
PUT
Accenture
ACN
$94.3B
| $11.1M | 0.05% |
+51,500
| New | +$9.74M |
|
434
CALL
Wells Fargo
WFC
$264B
| $11M | 0.04% |
430,000
+383,600
| +827% | +$10.5M |
|
435
PUT
Markel Group
MKL
$25.2B
| $11M | 0.04% |
11,900
| – | – |
|
436
PUT
Lamar Advertising Co
LAMR
$16.3B
| $11M | 0.04% |
164,300
+141,100
| +608% | +$8.62M |
|
437
PUT
SAP
SAP
$200B
| $11M | 0.04% |
78,300
-92,500
| -54% | -$11.4M |
|
438
CALL
Restaurant Brands International
QSR
$25.8B
| $10.9M | 0.04% |
+200,400
| New | +$10.1M |
|
439
PUT
Johnson & Johnson
JNJ
$641B
| $10.8M | 0.04% |
77,100
+51,500
| +201% | +$7.51M |
|
440
PUT
International Paper
IP
$22.5B
| $10.8M | 0.04% |
+324,509
| New | +$10.3M |
|
441
Tesla
TSLA
$1.22T
| $10.8M | 0.04% |
149,355
+96,450
| +182% | +$5.22M |
|
442
PUT
Globe Life
GL
$13.5B
| $10.7M | 0.04% |
144,600
+40,700
| +39% | +$3.09M |
|
443
AstraZeneca
AZN
$263B
| $10.7M | 0.04% |
+101,418
| New | +$10.5M |
|
444
CALL
CarMax
KMX
$8.29B
| $10.7M | 0.04% |
119,100
-16,700
| -12% | -$1.31M |
|
445
Scotiabank
BNS
$106B
| $10.6M | 0.04% |
257,996
+246,468
| +2,138% | +$9.85M |
|
446
CALL
Estee Lauder
EL
$30.1B
| $10.6M | 0.04% |
56,300
+43,100
| +327% | +$7.7M |
|
|
DFS
447
PUT
DELISTED
Discover Financial Services
DFS
| $10.6M | 0.04% |
+211,100
| New | +$9.29M |
|
448
PUT
Spotify
SPOT
$102B
| $10.5M | 0.04% |
+40,600
| New | +$6.96M |
|
449
PUT
eBay
EBAY
$50.3B
| $10.4M | 0.04% |
197,500
-578,700
| -75% | -$24.5M |
|
450
CALL
Veeva Systems
VEEV
$31.6B
| $10.3M | 0.04% |
44,000
-23,900
| -35% | -$4.74M |
|
Similar funds
JCM
SAMU
RC
VDI
RS
MF
SCB
WAM
Twin Tree Management's Q2 2020 Portfolio in Review
As of Q2 2020, Twin Tree Management held 1,786 positions worth $24.6B, up 18% from $20.8B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Twin Tree Management withdrew a net $1.16B in Q2 2020, closing 361 positions and reducing 424 holdings. Its most notable exit was State Street SPDR Dow Jones Industrial Average ETF Trust, an estimated $89.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.4% of assets, down from 1.9% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Twin Tree Management opened a new position in Berkshire Hathaway Class B worth $25.1M.
- Twin Tree Management's largest Q2 2020 buy was Berkshire Hathaway Class B: 140,504 shares worth $25.1M.
- Twin Tree Management added most to Franco-Nevada in Q2 2020, an estimated $20.1M increase.
- Twin Tree Management's biggest Q2 2020 reduction was VanEck Gold Miners ETF, cutting an estimated $66.2M.
- Twin Tree Management fully exited State Street SPDR Dow Jones Industrial Average ETF Trust in Q2 2020, selling an estimated $89.6M.
- Twin Tree Management's ten largest holdings make up 25% of its $24.6B portfolio in Q2 2020.
- Twin Tree Management opened 462 new positions and closed 361 in Q2 2020.
- Twin Tree Management's portfolio value rose 18% quarter-over-quarter to $24.6B.
Based on Twin Tree Management's 13F filing for Q2 2020, filed 12 Aug 2020.