Twin Tree Management, LP
Follow13F filer, CIK 1535588, DALLAS, TX
Twin Tree Management, LP reported $11,461,522,355 across 1,351 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-11. Its ten largest share positions make up 23.18% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001535588-26-000002
- Period
- 2025-12-31
- Reported value
- $11.5B
- Holdings
- 1,351
- Top 10 weight
- 23.18%
- New
- 369
- Sold out
- 431
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| BMYnew | +356,621 | $19.2M |
| JNJnew | +87,808 | $18.2M |
| ACNnew | +49,629 | $13.3M |
| COINadded | +53,885 | $12.2M |
| XYZadded | +165,832 | $10.8M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| XBIreduced | -662,470 | -$80.8M |
| GDXJexited | -489,674 | -$48.5M |
| SPYreduced | -65,912 | -$44.9M |
| STXexited | -170,997 | -$40.4M |
| SOFIreduced | -1,248,386 | -$32.7M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 350 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| BRXBRIXMOR PPTY GROUP INC COM | call | 100 | $2.62K | 0 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 431. All 431
| Security | Shares before | Value before | Type |
|---|---|---|---|
| DIASTATE STR SPDR DOW JONES IND | 232,900 | $108M | put |
| AMDADVANCED MICRO DEVICES INC | 593,000 | $95.9M | call |
| ABBVABBVIE INC | 305,300 | $70.7M | call |
| XRTSPDR SERIES TRUST | 698,000 | $60.2M | put |
| CPNGCOUPANG INC | 1,577,700 | $50.8M | put |
| APPAPPLOVIN CORP | 70,500 | $50.7M | call |
| GDXJVANECK ETF TRUST | 489,674 | $48.5M | shares |
| ALCALCON AG | 599,400 | $44.7M | call |
| XLUSELECT SECTOR SPDR TR | 484,300 | $42.2M | put |
| XLVSELECT SECTOR SPDR TR | 293,600 | $40.9M | put |
| STXSEAGATE TECHNOLOGY HLDNGS PL | 170,997 | $40.4M | shares |
| TPGTPG INC | 634,200 | $36.4M | put |
| ABTABBOTT LABORATORIES | 246,200 | $33M | call |
| ITAISHARES TR | 145,900 | $30.5M | call |
| WDAYWORKDAY INC | 124,000 | $29.9M | put |
| CNICANADIAN NATL RY CO | 305,400 | $28.8M | put |
| TMOTHERMO FISHER SCIENTIFIC INC | 59,013 | $28.6M | shares |
| CCICROWN CASTLE INC | 278,500 | $26.9M | call |
| PEPPEPSICO INC | 188,800 | $26.5M | put |
| XLKSELECT SECTOR SPDR TR | 93,792 | $26.4M | shares |
| RYROYAL BK CDA | 177,732 | $26.2M | shares |
| NVONOVO-NORDISK A S | 470,200 | $26.1M | put |
| PGRPROGRESSIVE CORP | 101,700 | $25.1M | call |
| MRKMERCK & CO INC | 296,100 | $24.9M | put |
| XLFSELECT SECTOR SPDR TR | 455,950 | $24.6M | shares |
| APHAMPHENOL CORP | 190,962 | $23.6M | shares |
| EDCONSOLIDATED EDISON INC | 224,300 | $22.5M | call |
| MPCMARATHON PETE CORP | 111,100 | $21.4M | call |
| CAVACAVA GROUP INC | 348,700 | $21.1M | call |
| FIXCOMFORT SYS USA INC | 25,200 | $20.8M | put |
| CVSCVS HEALTH CORP | 273,208 | $20.6M | shares |
| GOOGLALPHABET INC | 84,263 | $20.5M | shares |
| KRKROGER CO | 296,600 | $20M | put |
| FDXFEDEX CORP | 83,200 | $19.6M | call |
| PHGKONINKLIJKE PHILIPS N V | 699,900 | $19.1M | put |
| COSTCOSTCO WHOLESALE CORPORATION | 20,400 | $18.9M | put |
| CACICACI INTL INC | 37,700 | $18.8M | put |
| SNASNAP ON INC | 51,500 | $17.8M | call |
| ENBENBRIDGE INC | 341,411 | $17.2M | shares |
| XLKSELECT SECTOR SPDR TR | 59,200 | $16.7M | put |
| HWMHOWMET AEROSPACE INC | 83,464 | $16.4M | shares |
| COHRCOHERENT CORP | 151,500 | $16.3M | call |
| LENLENNAR CORP | 128,100 | $16.1M | put |
| CHRWC H ROBINSON WORLDWIDE IN | 115,800 | $15.3M | put |
| SHELSHELL PLC | 205,200 | $14.7M | call |
| ALCALCON AG | 195,000 | $14.5M | put |
| KHCKRAFT HEINZ CO | 557,700 | $14.5M | put |
| SNXTD SYNNEX CORPORATION | 87,500 | $14.3M | call |
| TSNTYSON FOODS INC | 263,800 | $14.3M | call |
| AVGOBROADCOM INC | 41,270 | $13.6M | shares |
| AMATAPPLIED MATLS INC | 64,778 | $13.3M | shares |
| WBDWARNER BROS DISCOVERY INC | 660,600 | $12.9M | call |
| ETRENTERGY CORP NEW | 134,300 | $12.5M | put |
| WWDWOODWARD INC | 49,300 | $12.5M | call |
| PEPPEPSICO INC | 88,135 | $12.4M | shares |
| LLYELI LILLY & CO | 16,206 | $12.4M | shares |
| MANHMANHATTAN ASSOCIATES INC | 60,200 | $12.3M | put |
| RMDRESMED INC | 45,000 | $12.3M | put |
| IQVIQVIA HLDGS INC | 63,400 | $12M | put |
| APHAMPHENOL CORP | 95,300 | $11.8M | call |
| IWMISHARES TR | 48,611 | $11.8M | shares |
| TOSTTOAST INC | 322,100 | $11.8M | call |
| MTZMASTEC INC | 54,900 | $11.7M | call |
| IFFINTERNATIONAL FLAVORS&FRAGRA | 187,500 | $11.5M | put |
| GISGENERAL MILLS INC | 228,400 | $11.5M | put |
| PYPLPAYPAL HLDGS INC | 167,400 | $11.2M | call |
| HOODROBINHOOD MKTS INC | 77,396 | $11.1M | shares |
| ADBEADOBE INC | 30,936 | $10.9M | shares |
| SUSUNCOR ENERGY INC NEW | 259,300 | $10.8M | call |
| CCLCARNIVAL CORP | 374,800 | $10.8M | shares |
| LNWOLIGHT & WONDER INC | 126,200 | $10.6M | put |
| MMM3M CO | 66,200 | $10.3M | put |
| EWYISHARES INC | 125,957 | $10.1M | shares |
| GDXJVANECK ETF TRUST | 100,900 | $9.99M | put |
| OVVOVINTIV INC | 244,000 | $9.85M | call |
| LNWOLIGHT & WONDER INC | 116,800 | $9.8M | call |
| CRSCARPENTER TECHNOLOGY CORP | 39,900 | $9.8M | call |
| PSNPARSONS CORP DEL | 117,800 | $9.77M | put |
| CMCCOMMERCIAL METALS CO | 168,600 | $9.66M | put |
| KOCOCA COLA CO | 141,600 | $9.39M | put |
| WCCWESCO INTL INC | 43,700 | $9.24M | put |
| PRPERMIAN RESOURCES CORP | 716,300 | $9.17M | call |
| LDOSLEIDOS HOLDINGS INC | 48,100 | $9.09M | put |
| CVLTCOMMVAULT SYS INC | 47,500 | $8.97M | put |
| CNMCORE & MAIN INC | 165,300 | $8.9M | put |
| FFIVF5 INC | 27,500 | $8.89M | call |
| DVNDEVON ENERGY CORP NEW | 252,900 | $8.87M | put |
| REXRREXFORD INDL RLTY INC | 215,484 | $8.86M | shares |
| HONHONEYWELL INTL INC | 41,400 | $8.71M | put |
| USBUS BANCORP | 178,500 | $8.63M | put |
| PMPHILIP MORRIS INTL INC | 53,162 | $8.62M | shares |
| UHSUNIVERSAL HLTH SVCS INC | 41,700 | $8.53M | call |
| CBOECBOE GLOBAL MKTS INC | 34,600 | $8.49M | call |
| LOARLOAR HOLDINGS INC | 105,000 | $8.4M | call |
| HDHOME DEPOT INC | 20,606 | $8.35M | shares |
| DIASTATE STR SPDR DOW JONES IND | 17,886 | $8.29M | shares |
| FNVFRANCO NEV CORP | 37,200 | $8.29M | put |
| CSLCARLISLE COS INC | 25,000 | $8.22M | call |
| WBSWEBSTER FINL CORP | 137,913 | $8.2M | shares |
| ELLAUDER ESTEE COS INC | 92,706 | $8.17M | shares |
How Q4 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001535588-26-000002 | base | 2026-02-11 | acceptance time not in the bulk data set |