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Twin Tree Management, LP — 13F Holdings & Portfolio

CIK 1535588 · latest 13F-HR filed 2026-05-14

Backtest portfolio

Twin Tree Management, LP manages $4.75B in 13F-reported U.S. long-equity assets across 1,240 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (7.15%), QQQ (5.20%), SPY (4.49%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 210 new positions, exited 175, added to 71, and trimmed 99.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$4.75B

Long-equity book

Holdings

1,240

Distinct positions

Period

2026-03-31

Filed 2026-05-14

Q/Q Activity

+210 / −175 / ↑71 / ↓99

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SERVICENOW INC$8.9M +616.6%
  • SPDR GOLD TRUST$8.4M +384.0%
  • LYONDELLBASELL INDUSTRIES NV$6.5M +270.2%
  • LULULEMON ATHLETICA INC.$5.9M +299.6%
  • SPDR SERIES TRUST$5.4M +1200.7%
Show all 71 →

Top Trims

  • TERADYNE, INC.-$28.0M -97.2%
  • COINBASE GLOBAL INC-$26.1M -90.8%
  • NIKE, INC.-$24.0M -91.4%
  • CORNING, INC.-$20.8M -77.9%
  • BLOCK INC-$20.5M -95.5%
Show all 99 →

New Positions

  • ISHARES GOLD TRUST$11.0M
  • MICROSOFT CORPORATION$8.5M
  • KROGER CO.$7.0M
  • MCKESSON CORPORATION$6.1M
  • NEXTPOWER INC.$5.0M
Show all 210 →

Exited Positions

  • BRISTOL-MYERS SQUIBB CO$19.2M
  • LOCKHEED MARTIN CORP$17.7M
  • SPDR S&P 500 ETF TR$15.1M
  • NEWMONT CORP$12.6M
  • MORGAN STANLEY$12.3M
Show all 175 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR S&P 500 ETF TRUST Call SPY 78462F103 $339.4M 7.15% 521,900 SH
2 INVESCO QQQ TRUST SERIES 1 Call QQQ 46090E103 $246.9M 5.20% 427,700 SH
3 SPDR S&P 500 ETF TRUST Put SPY 78462F103 $213.4M 4.49% 328,100 SH
4 SPDR GOLD TRUST Put GLD 78463V107 $77.4M 1.63% 179,800 SH
5 CISCO SYSTEMS, INC. Call CSCO 17275R102 $63.5M 1.34% 818,700 SH
6 ISHARES TRUST Call IWM 464287655 $61.4M 1.29% 247,600 SH
7 AMAZON.COM INC. Call AMZN 023135106 $44.5M 0.94% 213,800 SH
8 ISHARES SILVER TRUST Call SLV 46428Q109 $43.6M 0.92% 639,800 SH
9 ISHARES GOLD TRUST Put IAU 464285204 $42.2M 0.89% 478,500 SH
10 NVIDIA CORP Call NVDA 67066G104 $41.4M 0.87% 237,100 SH
11 INVESCO QQQ TRUST SERIES 1 Put QQQ 46090E103 $37.7M 0.79% 65,300 SH
12 APPLE INC Call AAPL 037833100 $35.5M 0.75% 139,700 SH
13 ISHARES SILVER TRUST Put SLV 46428Q109 $35.2M 0.74% 516,500 SH
14 BRISTOL-MYERS SQUIBB CO. Put BMY 110122108 $34.0M 0.72% 560,100 SH
15 MICROSOFT CORPORATION Put MSFT 594918104 $33.2M 0.70% 89,700 SH
16 VANECK ETF TRUST Put GDX 92189F106 $31.6M 0.66% 344,000 SH
17 BERKSHIRE HATHAWAY INC. Put BRK.B 084670702 $30.5M 0.64% 63,700 SH
18 ISHARES INC. Call EWC 464286509 $28.8M 0.61% 526,500 SH
19 GE VERNOVA INC. Call GEV 36828A101 $27.1M 0.57% 31,000 SH
20 ARM HOLDINGS PLC. Put ARM 042068205 $26.1M 0.55% 172,800 SH
21 TERADYNE, INC. Put TER 880770102 $25.8M 0.54% 87,100 SH
22 CISCO SYSTEMS, INC. Put CSCO 17275R102 $25.8M 0.54% 331,900 SH
23 ORACLE CORP. Put ORCL 68389X105 $25.5M 0.54% 173,600 SH
24 TORONTO DOMINION BANK Call TD 891160509 $22.7M 0.48% 242,800 SH
25 MICRON TECHNOLOGY INC. Put MU 595112103 $22.6M 0.48% 66,900 SH
26 MARKEL GROUP INC Call MKL 570535104 $20.3M 0.43% 10,600 SH
27 EXXON MOBIL CORP. Call XOM 30231G102 $20.0M 0.42% 118,000 SH
28 COSTCO WHOLESALE CORP Put COST 22160K105 $19.7M 0.42% 19,800 SH
29 GE VERNOVA INC. Put GEV 36828A101 $19.7M 0.42% 22,600 SH
30 CARVANA CO. Call CVNA 146869102 $18.9M 0.40% 60,200 SH
31 BANK OF MONTREAL Put BMO 063671101 $16.7M 0.35% 123,500 SH
32 PROCTER & GAMBLE CO. Call PG 742718109 $16.3M 0.34% 112,800 SH
33 PHILIP MORRIS INTERNATIONAL Call PM 718172109 $16.0M 0.34% 96,900 SH
34 BROADCOM INC Put AVGO 11135F101 $15.8M 0.33% 51,000 SH
35 MARVELL TECHNOLOGY INC Put MRVL 573874104 $15.7M 0.33% 158,800 SH
36 ASML HOLDING NV Put ASML N07059210 $15.7M 0.33% 11,900 SH
37 W. P. CAREY INC Call WPC 92936U109 $15.6M 0.33% 228,900 SH
38 SPDR GOLD TRUST Call GLD 78463V107 $15.4M 0.33% 35,900 SH
39 PUBLIC STORAGE Call PSA 74460D109 $15.1M 0.32% 55,900 SH
40 VANECK ETF TRUST Call GDX 92189F106 $15.0M 0.32% 163,100 SH
41 W.W. GRAINGER INC. Put GWW 384802104 $14.8M 0.31% 13,600 SH
42 PALANTIR TECHNOLOGIES INC Put PLTR 69608A108 $14.2M 0.30% 97,200 SH
43 CROWN CASTLE INC Call CCI 22822V101 $14.2M 0.30% 174,600 SH
44 MCDONALD`S CORP Put MCD 580135101 $13.9M 0.29% 44,700 SH
45 WALMART INC Call WMT 931142103 $13.9M 0.29% 111,700 SH
46 W.W. GRAINGER INC. Call GWW 384802104 $13.7M 0.29% 12,600 SH
47 GOLDMAN SACHS GROUP, INC. Put GS 38141G104 $13.6M 0.29% 16,100 SH
48 AMPHENOL CORP. Put APH 032095101 $13.6M 0.29% 107,600 SH
49 KROGER CO. Put KR 501044101 $13.5M 0.28% 186,100 SH
50 ORACLE CORP. Call ORCL 68389X105 $13.5M 0.28% 91,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-14 $4.75B 1,240 0001535588-26-000003
2025-12-31 2026-02-11 $11.46B 1,351 0001535588-26-000002
2025-09-30 2025-11-13 $24.04B 1,413 0001535588-25-000009