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
IWM icon
1651
PUT
iShares Russell 2000 ETF
IWM
$79.1B
– –
-2,335,600
Closed -$504M
IWN icon
1652
iShares Russell 2000 Value ETF
IWN
$14.3B
– –
-23,825
Closed -$3.76M
IWO icon
1653
iShares Russell 2000 Growth ETF
IWO
$14.1B
– –
-1,640
Closed -$469K
IWO icon
1654
PUT
iShares Russell 2000 Growth ETF
IWO
$14.1B
– –
-15,300
Closed -$4.37M
IYR icon
1655
CALL
iShares US Real Estate ETF
IYR
$4.75B
– –
-9,000
Closed -$853K
JBHT icon
1656
CALL
JB Hunt Transport Services
JBHT
$25.9B
– –
-213,900
Closed -$30.7M
JCI icon
1657
CALL
Johnson Controls International
JCI
$85.1B
– –
-17,200
Closed -$1.82M
JEF icon
1658
CALL
Jefferies Financial Group
JEF
$12.7B
– –
-635,800
Closed -$34.8M
JEF icon
1659
PUT
Jefferies Financial Group
JEF
$12.7B
– –
-181,800
Closed -$9.94M
JLL icon
1660
Jones Lang LaSalle
JLL
$15.8B
– –
-102
Closed -$29.1K
JXN icon
1661
PUT
Jackson Financial
JXN
$8.4B
– –
-9,700
Closed -$861K
KBE icon
1662
PUT
State Street SPDR S&P Bank ETF
KBE
$1.64B
– –
-114,200
Closed -$6.37M
KBR icon
1663
KBR
KBR
$4.56B
– –
-34,039
Closed -$1.65M
KD icon
1664
PUT
Kyndryl
KD
$3.09B
– –
-11,000
Closed -$462K
KDP icon
1665
PUT
Keurig Dr Pepper
KDP
$42.8B
– –
-128,500
Closed -$4.25M
KEY icon
1666
KeyCorp
KEY
$23.8B
– –
-874,207
Closed -$16.2M
KEYS icon
1667
CALL
Keysight
KEYS
$50.7B
– –
-5,600
Closed -$918K
KEYS icon
1668
Keysight
KEYS
$50.7B
– –
-15,756
Closed -$2.58M
KEYS icon
1669
PUT
Keysight
KEYS
$50.7B
– –
-154,200
Closed -$25.3M
KKR icon
1670
CALL
KKR & Co
KKR
$89.1B
– –
-185,300
Closed -$24.7M
KLAC icon
1671
PUT
KLA
KLAC
$222B
– –
-9,000
Closed -$806K
KMI icon
1672
CALL
Kinder Morgan
KMI
$70.9B
– –
-275,800
Closed -$8.11M
KMI icon
1673
PUT
Kinder Morgan
KMI
$70.9B
– –
-180,800
Closed -$5.32M
KMX icon
1674
CarMax
KMX
$8.39B
– –
-129,454
Closed -$7.73M
KO icon
1675
CALL
Coca-Cola
KO
$383B
– –
-251,200
Closed -$17.8M
65 66
67
68 69

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.