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Twin Tree Management Portfolio holdings
AUM
$4.75B
1-Year Est. Return
58.16%
This Fund
S&P 500
This Quarter
Est. Return
+17.18%
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
$24B
AUM Growth
-$29.6B
(-55%)
Cap. Flow
-$32.8B
Cap. Flow
% of AUM
-136.44%
Top 10 Holdings %
Top 10 Hldgs %
23.31%
Holding
1,913
New
364
Increased
291
Reduced
710
Closed
500
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$56.5M |
| 2 |
Seagate
STX
|
+$29.2M |
| 3 |
State Street SPDR S&P Biotech ETF
XBI
|
+$26.9M |
| 4 |
Coinbase
COIN
|
+$24.8M |
| 5 |
KLA
KLAC
|
+$22M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$72.1M |
| 2 |
Quanta Services
PWR
|
+$69.9M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$59.6M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$58M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$56.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.97% |
| 2 | Consumer Discretionary | 1.04% |
| 3 | Financials | 0.94% |
| 4 | Industrials | 0.8% |
| 5 | Materials | 0.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Lantheus
LNTH
$6.51B
| $405K | ﹤0.01% |
+7,902
| New | +$494K |
|
1302
Steel Dynamics
STLD
$36.2B
| $401K | ﹤0.01% |
+2,876
| New | +$377K |
|
1303
PUT
FirstEnergy
FE
$28.4B
| $394K | ﹤0.01% |
8,600
-54,300
| -86% | -$2.32M |
|
1304
IonQ
IONQ
$11.9B
| $386K | ﹤0.01% |
6,275
-1,225
| -16% | -$57.6K |
|
1305
Textron
TXT
$14.7B
| $377K | ﹤0.01% |
+4,459
| New | +$363K |
|
1306
VeriSign
VRSN
$26.3B
| $365K | ﹤0.01% |
+1,307
| New | +$365K |
|
1307
PUT
Boyd Gaming
BYD
$6.75B
| $363K | ﹤0.01% |
+4,200
| New | +$353K |
|
1308
PUT
Norwegian Cruise Line
NCLH
$9.53B
| $352K | ﹤0.01% |
14,300
-367,000
| -96% | -$8.92M |
|
1309
CALL
Mobileye
MBLY
$2.02B
| $347K | ﹤0.01% |
24,600
-782,500
| -97% | -$11.6M |
|
1310
CALL
Fluor
FLR
$6.54B
| $345K | ﹤0.01% |
8,200
+2,800
| +52% | +$129K |
|
1311
Matador Resources
MTDR
$6.04B
| $338K | ﹤0.01% |
+7,513
| New | +$367K |
|
1312
PUT
First Horizon
FHN
$12.2B
| $332K | ﹤0.01% |
+14,700
| New | +$327K |
|
1313
Vornado Realty Trust
VNO
$7.65B
| $332K | ﹤0.01% |
+8,184
| New | +$319K |
|
1314
Graphic Packaging
GPK
$3.35B
| $331K | ﹤0.01% |
+16,907
| New | +$368K |
|
1315
Eastman Chemical
EMN
$7.69B
| $326K | ﹤0.01% |
+5,171
| New | +$361K |
|
|
SCHW
1316
Charles Schwab
SCHW
$182B
| $315K | ﹤0.01% |
+3,303
| New | +$314K |
|
|
NVO
1317
Novo Nordisk
NVO
$228B
| $312K | ﹤0.01% |
5,626
-239,522
| -98% | -$14M |
|
1318
CALL
VanEck Oil Services ETF
OIH
$1.97B
| $312K | ﹤0.01% |
+1,200
| New | +$298K |
|
1319
PUT
Cal-Maine
CALM
$4.43B
| $301K | ﹤0.01% |
+3,200
| New | +$342K |
|
1320
CALL
Steris
STE
$22.9B
| $297K | ﹤0.01% |
1,200
| – | – |
|
1321
Las Vegas Sands
LVS
$31.4B
| $296K | ﹤0.01% |
5,509
-167,449
| -97% | -$8.8M |
|
1322
Ally Financial
ALLY
$13.1B
| $291K | ﹤0.01% |
7,412
+3,795
| +105% | +$152K |
|
1323
APi Group
APG
$16.7B
| $289K | ﹤0.01% |
+8,399
| New | +$293K |
|
1324
PUT
Trump Media & Technology Group
DJT
$2.73B
| $282K | ﹤0.01% |
17,200
-483,100
| -97% | -$8.57M |
|
1325
PUT
Baker Hughes
BKR
$58.3B
| $273K | ﹤0.01% |
+5,600
| New | +$247K |
|
Similar funds
JCM
SAMU
RC
VDI
MF
WAM
MP
KCM
Twin Tree Management's Q3 2025 Portfolio in Review
As of Q3 2025, Twin Tree Management held 1,913 positions worth $24B, down 55% from $53.7B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Twin Tree Management withdrew a net $32.8B in Q3 2025, closing 500 positions and reducing 710 holdings. Its most notable exit was Hewlett Packard, an estimated $46.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.7% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Twin Tree Management opened a new position in State Street SPDR S&P 500 ETF Trust worth $58.7M.
- Twin Tree Management's largest Q3 2025 buy was State Street SPDR S&P 500 ETF Trust: 88,100 shares worth $58.7M.
- Twin Tree Management added most to State Street SPDR S&P Biotech ETF in Q3 2025, an estimated $26.9M increase.
- Twin Tree Management's biggest Q3 2025 reduction was Vanguard S&P 500 ETF, cutting an estimated $72.1M.
- Twin Tree Management fully exited Hewlett Packard in Q3 2025, selling an estimated $46.5M.
- Twin Tree Management's ten largest holdings make up 23% of its $24B portfolio in Q3 2025.
- Twin Tree Management opened 364 new positions and closed 500 in Q3 2025.
- Twin Tree Management's portfolio value fell 55% quarter-over-quarter to $24B.
Based on Twin Tree Management's 13F filing for Q3 2025, filed 13 Nov 2025.