We are live on ! Find out more
Twin Tree Management

Twin Tree Management Portfolio holdings

AUM $4.87B Turnover 52.26%
1-Year Est. Return 35.25%
 

Twin Tree Management runs private investment funds that follow a relative value strategy, aiming to profit from mispriced volatility and correlation. To do it, the firm trades derivatives such as options, variance swaps, volatility swaps and correlation swaps, along with convertible bonds and structured products. Michael Presley is its principal owner. The firm was formed in 2009.

This Fund
S&P 500
This Quarter Est. Return
+1.7%
1 Year Est. Return
+35.25%
3 Year Est. Return
+188.88%
5 Year Est. Return
+172.36%
10 Year Est. Return
+582.75%
AUM
$4.87B
AUM Growth
-$440M
Cap. Flow
-$92.6M
Cap. Flow %
-1.9%
Top 10 Hldgs %
19.68%
Holding
1,812
New
455
Increased
359
Reduced
454
Closed
492
Avg Time Held Equity + Options
0.9 years
Top 10 Avg Time Held Equity + Options
2.7 years
Top 20 Avg Time Held Equity + Options
1.5 years
Avg Time Held Equity only
0.5 years
Top 10 Avg Time Held Equity only
0.1 years
Top 20 Avg Time Held Equity only
0.1 years

Top Buys

Rank Stock Value
1
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$11.2M
2
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$10.1M
3
IBM icon
IBM
IBM
+$8.61M
4
MPC icon
Marathon Petroleum
MPC
+$7.46M
5
NVO icon
Novo Nordisk
NVO
+$5.94M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$19.5M
2
GDX icon
VanEck Gold Miners ETF
GDX
+$9.03M
3
IAU icon
iShares Gold Trust
IAU
+$9.02M
4
CRM icon
Salesforce
CRM
+$8.75M
5
PLTR icon
Palantir
PLTR
+$8.6M

Sector Composition

Rank Sector Weight
1 Miscellaneous 89.81%
2 Technology 3.75%
3 Consumer Discretionary 1.26%
4 Industrials 1.09%
5 Healthcare 1.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
WULF icon
1776
CALL
TeraWulf
WULF
$6.28B
– –
-29,100
Closed -$719K –
WULF icon
1777
PUT
TeraWulf
WULF
$6.28B
– –
-107,800
Closed -$2.66M –
WY icon
1778
Weyerhaeuser
WY
$14.9B
– –
-23,714
Closed -$553K –
XEL icon
1779
CALL
Xcel Energy
XEL
$52.5B
– –
-3,000
Closed -$241K –
XHB icon
1780
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
– –
-4,638
Closed -$536K –
XLE icon
1781
CALL
State Street Energy Select Sector SPDR ETF
XLE
$42.4B
– –
-103,200
Closed -$5.48M –
XLF icon
1782
CALL
State Street Financial Select Sector SPDR ETF
XLF
$55.5B
– –
-64,100
Closed -$3.44M –
XLF icon
1783
State Street Financial Select Sector SPDR ETF
XLF
$55.5B
– –
-89,818
Closed -$5.09M –
XLI icon
1784
State Street Industrial Select Sector SPDR ETF
XLI
$30.9B
– –
-3,785
Closed -$701K –
XLK icon
1785
CALL
State Street Technology Select Sector SPDR ETF
XLK
$112B
– –
-15,100
Closed -$2.88M –
XLV icon
1786
State Street Health Care Select Sector SPDR ETF
XLV
$50.8B
– –
-11,794
Closed -$1.97M –
XME icon
1787
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$3.47B
– –
-15,000
Closed -$1.6M –
XPO icon
1788
CALL
XPO
XPO
$22.1B
– –
-600
Closed -$123K –
XPO icon
1789
XPO
XPO
$22.1B
– –
-1,768
Closed -$363K –
XPO icon
1790
PUT
XPO
XPO
$22.1B
– –
-25,100
Closed -$5.15M –
XYL icon
1791
CALL
Xylem
XYL
$21.7B
– –
-4,300
Closed -$508K –
Z icon
1792
Zillow
Z
$6.67B
– –
-10,095
Closed -$333K –
Z icon
1793
PUT
Zillow
Z
$6.67B
– –
-8,800
Closed -$277K –
ZBRA icon
1794
Zebra Technologies
ZBRA
$15.1B
– –
-2,349
Closed -$618K –
ZG icon
1795
CALL
Zillow
ZG
$6.74B
– –
-12,000
Closed -$376K –
ZG icon
1796
Zillow
ZG
$6.74B
– –
-4,687
Closed -$156K –
ZTS icon
1797
CALL
Zoetis
ZTS
$33.9B
– –
-4,800
Closed -$345K –
FLUT icon
1798
CALL
Flutter Entertainment
FLUT
$14.2B
– –
-2,500
Closed -$255K –
CPAY icon
1799
Corpay
CPAY
$29.7B
– –
-130
Closed -$50.9K –
CPAY icon
1800
PUT
Corpay
CPAY
$29.7B
– –
-3,800
Closed -$1.27M –
69 70 71
72
73

Similar funds

Oberweis Asset Management
Oberweis Asset Management Lisle, Illinois $4.84B AUM 160.95% 1-Year Est. Return
Sachem Head Capital Management
Sachem Head Capital Management New York $4.82B AUM 73.38% 1-Year Est. Return
Bain Capital Investors
Bain Capital Investors Boston, Massachusetts $4.82B AUM 35.43% 1-Year Est. Return
SONA Asset Management (US)
SONA Asset Management (US) New York $4.76B AUM 23.76% 1-Year Est. Return
Stockbridge Partners
Stockbridge Partners Boston, Massachusetts $4.75B AUM 18.52% 1-Year Est. Return
Bellevue Group
Bellevue Group Kuesnacht, Switzerland $4.75B AUM 68.58% 1-Year Est. Return
GTS Securities
GTS Securities Miami, Florida $4.75B AUM 41.97% 1-Year Est. Return
TPG GP A
TPG GP A Fort Worth, Texas $5B AUM 58.56% 1-Year Est. Return

Twin Tree Management's Q3 2026 Portfolio in Review

As of Q3 2026, Twin Tree Management held 1,812 positions worth $4.87B, down 8.3% from $5.31B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Twin Tree Management's Q3 2026 filing shows 455 new, 359 increased, 454 reduced and 492 closed positions. Its largest new stake was Berkshire Hathaway Class B: 20,004 shares worth $10M. The largest sale was Microsoft, an estimated $19.5M.

By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 90% a quarter earlier, followed by Technology and Consumer Discretionary.

  • Twin Tree Management's largest Q3 2026 buy was Berkshire Hathaway Class B: 20,004 shares worth $10M.
  • Twin Tree Management added most to State Street Utilities Select Sector SPDR ETF in Q3 2026, an estimated $11.2M increase.
  • Twin Tree Management's biggest Q3 2026 reduction was VanEck Gold Miners ETF, cutting an estimated $9.03M.
  • Twin Tree Management fully exited Microsoft in Q3 2026, selling an estimated $19.5M.
  • Twin Tree Management's ten largest holdings make up 20% of its $4.87B portfolio in Q3 2026.
  • Twin Tree Management opened 455 new positions and closed 492 in Q3 2026.
  • Twin Tree Management's portfolio value fell 8.3% quarter-over-quarter to $4.87B.

Based on Twin Tree Management's 13F filing for Q3 2026, filed 10 Nov 2026.