We are live on ! Find out more
Twin Tree Management

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
Cap. Flow
-$32.8B
Cap. Flow %
-136.44%
Top 10 Hldgs %
23.31%
Holding
1,913
New
364
Increased
291
Reduced
710
Closed
500

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$56.5M
2
STX icon
Seagate
STX
+$29.2M
3
XBI icon
State Street SPDR S&P Biotech ETF
XBI
+$26.9M
4
COIN icon
Coinbase
COIN
+$24.8M
5
KLAC icon
KLA
KLAC
+$22M

Top Sells

Rank Stock Value
1
VOO icon
Vanguard S&P 500 ETF
VOO
+$72.1M
2
PWR icon
Quanta Services
PWR
+$69.9M
3
IGV icon
iShares Expanded Tech-Software Sector ETF
IGV
+$59.6M
4
SMH icon
VanEck Semiconductor ETF
SMH
+$58M
5
XLK icon
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
HQY icon
1626
CALL
HealthEquity
HQY
$8.71B
– –
-132,500
Closed -$13.9M
HQY icon
1627
PUT
HealthEquity
HQY
$8.71B
– –
-179,400
Closed -$18.8M
HSBC icon
1628
PUT
HSBC
HSBC
$352B
– –
-102,300
Closed -$6.22M
IAU icon
1629
iShares Gold Trust
IAU
$62.8B
– –
-89,319
Closed -$5.83M
ICE icon
1630
Intercontinental Exchange
ICE
$87.2B
– –
-1,122
Closed -$206K
IGV icon
1631
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$12.4B
– –
-215,500
Closed -$23.6M
ILMN icon
1632
CALL
Illumina
ILMN
$29.5B
– –
-2,900
Closed -$277K
ILMN icon
1633
Illumina
ILMN
$29.5B
– –
-52,834
Closed -$5.24M
INDA icon
1634
iShares MSCI India ETF
INDA
$6.81B
– –
-264,135
Closed -$14.1M
INDA icon
1635
PUT
iShares MSCI India ETF
INDA
$6.81B
– –
-55,000
Closed -$3.06M
ING icon
1636
CALL
ING
ING
$92.9B
– –
-13,000
Closed -$284K
INTU icon
1637
PUT
Intuit
INTU
$91.1B
– –
-199,800
Closed -$157M
INVH icon
1638
Invitation Homes
INVH
$17.9B
– –
-16,624
Closed -$545K
IONQ icon
1639
CALL
IonQ
IONQ
$11.9B
– –
-7,900
Closed -$339K
IOT icon
1640
Samsara
IOT
$22.6B
– –
-61,889
Closed -$2.3M
IR icon
1641
Ingersoll Rand
IR
$33.1B
– –
-3,546
Closed -$291K
IR icon
1642
PUT
Ingersoll Rand
IR
$33.1B
– –
-17,100
Closed -$1.42M
ISRG icon
1643
Intuitive Surgical
ISRG
$127B
– –
-3,034
Closed -$1.46M
ITA icon
1644
PUT
iShares US Aerospace & Defense ETF
ITA
$14B
– –
-11,800
Closed -$2.23M
ITB icon
1645
PUT
iShares US Home Construction ETF
ITB
$2.32B
– –
-79,600
Closed -$7.42M
ITT icon
1646
PUT
ITT
ITT
$17.1B
– –
-35,400
Closed -$5.55M
ITW icon
1647
CALL
Illinois Tool Works
ITW
$84.1B
– –
-18,700
Closed -$4.62M
ITW icon
1648
Illinois Tool Works
ITW
$84.1B
– –
-869
Closed -$215K
ITW icon
1649
PUT
Illinois Tool Works
ITW
$84.1B
– –
-17,200
Closed -$4.25M
IVZ icon
1650
CALL
Invesco
IVZ
$12.4B
– –
-270,800
Closed -$4.27M
64 65
66
67 68

Similar funds

JCM
Junto Capital Management New York $4.74B AUM 27.96% 1-Year Est. Return
SAMU
SONA Asset Management (US) New York $4.74B AUM 11.18% 1-Year Est. Return
RC
Resolution Capital Sydney, NSW, Australia $4.76B AUM 10.22% 1-Year Est. Return
VDI
Vaughan David Investments Peoria, Illinois $4.73B AUM 19.55% 1-Year Est. Return
MF
Milford Funds Auckland $4.77B AUM
SCB
Saudi Central Bank Riyadh, Saudi Arabia $4.72B AUM 29.46% 1-Year Est. Return
WAM
WT Asset Management Hong Kong $4.77B AUM 334.05% 1-Year Est. Return
MP
MFN Partners Boston, Massachusetts $4.77B AUM 72.29% 1-Year Est. Return

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.