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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 | |
|---|---|---|---|---|---|---|
1476
BioNTech
BNTX
$23.5B
| – | – |
-22,077
| Closed | -$2.36M |
|
1477
Boot Barn
BOOT
$4.58B
| – | – |
-9,545
| Closed | -$1.65M |
|
1478
CALL
BP
BP
$112B
| – | – |
-344,500
| Closed | -$10.3M |
|
|
1479
BP
BP
$112B
| – | – |
-74,543
| Closed | -$2.23M |
|
|
1480
PUT
BP
BP
$112B
| – | – |
-334,000
| Closed | -$10M |
|
|
BPMC
1481
CALL
DELISTED
Blueprint Medicines
BPMC
| – | – |
-28,800
| Closed | -$3.69M |
|
1482
Berkshire Hathaway Class B
BRK.B
$1.1T
| – | – |
-57,454
| Closed | -$27.8M |
|
1483
PUT
Bruker
BRKR
$9.4B
| – | – |
-21,600
| Closed | -$890K |
|
1484
PUT
Boston Scientific
BSX
$68.4B
| – | – |
-286,700
| Closed | -$30.8M |
|
1485
BWX Technologies
BWXT
$14.4B
| – | – |
-34,051
| Closed | -$5.48M |
|
1486
PUT
Blackstone
BX
$104B
| – | – |
-142,800
| Closed | -$21.4M |
|
1487
CALL
CACI
CACI
$10.8B
| – | – |
-8,800
| Closed | -$4.19M |
|
1488
Cardinal Health
CAH
$53.7B
| – | – |
-129,657
| Closed | -$20M |
|
1489
CALL
Caterpillar
CAT
$361B
| – | – |
-182,000
| Closed | -$70.7M |
|
1490
CAVA Group
CAVA
$7.61B
| – | – |
-17,921
| Closed | -$1.36M |
|
1491
PUT
Crown Castle
CCI
$34.6B
| – | – |
-166,000
| Closed | -$17.1M |
|
1492
CALL
Cadence Design Systems
CDNS
$91.6B
| – | – |
-220,000
| Closed | -$67.8M |
|
1493
CALL
CDW
CDW
$18.9B
| – | – |
-29,100
| Closed | -$5.2M |
|
1494
Celanese
CE
$4.82B
| – | – |
-56,372
| Closed | -$2.81M |
|
1495
CALL
Celsius Holdings
CELH
$7.38B
| – | – |
-100
| Closed | -$4.64K |
|
|
1496
Celsius Holdings
CELH
$7.38B
| – | – |
-202,242
| Closed | -$10.6M |
|
1497
CALL
CF Industries
CF
$19.6B
| – | – |
-262,100
| Closed | -$24.1M |
|
1498
Citizens Financial Group
CFG
$30.1B
| – | – |
-21,702
| Closed | -$1.08M |
|
1499
Carlyle Group
CG
$16.1B
| – | – |
-4,909
| Closed | -$307K |
|
1500
CALL
Cigna
CI
$78.4B
| – | – |
-63,300
| Closed | -$20.9M |
|
Similar funds
JCM
SAMU
RC
VDI
MF
SCB
WAM
MP
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.