Top Institutional Investors

Twin Tree Management, LP — 13F Holdings & Portfolio

CIK 1535588 · latest 13F-HR filed 2026-08-12

Backtest portfolio

Twin Tree Management, LP manages $5.31B in 13F-reported U.S. long-equity assets across 1,357 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (5.40%), SPY (4.28%), QQQ (2.02%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 197 new positions, exited 162, added to 127, and trimmed 92.

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.

Filer Information
Address
6688 N. CENTRAL EXPRESSWAY
SUITE 1610
DALLAS, TX 75206
Phone
(214) 979-2310
Filing Manager
Twin Tree Management, LP
DALLAS, TX
Signatory
Joe Chiang
Chief Financial Officer and Chief Compliance Officer
Loading holdings…
AUM

$5.31B

Long-equity book

Holdings

1,357

Distinct positions

Period

2026-06-30

Filed 2026-08-12

Q/Q Activity

+197 / −162 / ↑127 / ↓92

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • NETFLIX INC.$13.8M +2088.1%
  • ORACLE CORP$10.4M +1135.0%
  • MICROSOFT CORP$7.2M +83.7%
  • ROYAL BK CDA$6.5M +5317.1%
  • ALPHABET INC$5.3M +760.7%
Show all 127 →

Top Trims

  • LYONDELLBASELL INDUSTRIES NV-$8.5M -95.5%
  • LULULEMON ATHLETICA INC-$6.4M -81.2%
  • FERRARI N V-$5.8M -100.0%
  • SPDR SERIES TRUST-$4.9M -85.4%
  • MARVELL TECHNOLOGY INC-$3.5M -79.2%
Show all 92 →

New Positions

  • CONSTELLATION ENERGY CORP$8.6M
  • APPLIED MATLS INC$8.1M
  • AMAZON COM INC$7.5M
  • SALESFORCE INC$7.4M
  • AMPHENOL CORP$5.7M
Show all 197 →

Exited Positions

  • SERVICENOW INC$10.4M
  • MODERNA INC$6.4M
  • MCKESSON CORPORATION$6.1M
  • CROWDSTRIKE HOLDINGS INC$5.3M
  • NEXTPOWER INC.$5.0M
Show all 162 →
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 STATE STR SPDR S&P 500 ETF T Call SPY 78462F103 $286.9M 5.40% 384,200 SH
2 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $227.2M 4.28% 304,200 SH
3 INVESCO QQQ TR Call QQQ 46090E103 $107.1M 2.02% 145,500 SH
4 ASML HLDG NV Put ASML N07059210 $52.7M 0.99% 26,500 SH
5 ISHARES TR Call IWM 464287655 $51.1M 0.96% 170,200 SH
6 TORONTO DOMINION BK ONT Call TD 891160509 $44.9M 0.85% 370,100 SH
7 MICROSOFT CORP Put MSFT 594918104 $44.1M 0.83% 118,100 SH
8 ARM HOLDINGS PLC Put ARM 042068205 $40.4M 0.76% 113,800 SH
9 SELECT SECTOR SPDR TR Put XLE 81369Y506 $38.9M 0.73% 732,300 SH
10 AMAZON COM INC Put AMZN 023135106 $38.9M 0.73% 163,100 SH
11 ALPHABET INC Put GOOGL 02079K305 $38.6M 0.73% 108,000 SH
12 APPLE INC Call AAPL 037833100 $38.0M 0.72% 131,400 SH
13 CISCO SYS INC Call CSCO 17275R102 $36.4M 0.68% 309,700 SH
14 VANECK ETF TRUST Call SMH 92189F676 $36.3M 0.68% 55,300 SH
15 COSTCO WHOLESALE CORPORATION Put COST 22160K105 $33.1M 0.62% 35,400 SH
16 INTERNATIONAL BUSINESS MACHS Put IBM 459200101 $33.0M 0.62% 117,500 SH
17 CATERPILLAR INC Put CAT 149123101 $31.2M 0.59% 29,300 SH
18 ISHARES SILVER TR Put SLV 46428Q109 $29.7M 0.56% 555,500 SH
19 MICRON TECHNOLOGY INC Put MU 595112103 $29.4M 0.55% 25,500 SH
20 AT&T INC Call T 00206R102 $28.9M 0.54% 1,395,400 SH
21 SPDR GOLD TR Put GLD 78463V107 $27.0M 0.51% 73,300 SH
22 SPDR GOLD TR Call GLD 78463V107 $24.4M 0.46% 66,200 SH
23 BOEING CO Put BA 097023105 $24.1M 0.45% 111,300 SH
24 NETFLIX INC. Put NFLX 64110L106 $23.6M 0.44% 330,400 SH
25 BROADCOM INC Put AVGO 11135F101 $23.4M 0.44% 61,900 SH
26 UNITED PARCEL SVCS INC Put UPS 911312106 $23.2M 0.44% 215,700 SH
27 ORACLE CORP Put ORCL 68389X105 $22.9M 0.43% 156,600 SH
28 VANECK ETF TRUST Put GDX 92189F106 $21.7M 0.41% 288,200 SH
29 NVIDIA CORPORATION Put NVDA 67066G104 $19.7M 0.37% 98,300 SH
30 ISHARES GOLD TR Call IAU 464285204 $19.5M 0.37% 258,800 SH
31 ISHARES SILVER TR Call SLV 46428Q109 $19.5M 0.37% 365,400 SH
32 ISHARES GOLD TR Put IAU 464285204 $19.5M 0.37% 257,700 SH
33 BANK MONTREAL MEDIUM Put BMO 063671101 $19.5M 0.37% 110,100 SH
34 ALTRIA GROUP INC Put MO 02209S103 $19.3M 0.36% 268,500 SH
35 BRISTOL-MYERS SQUIBB CO Call BMY 110122108 $19.0M 0.36% 329,900 SH
36 CARNIVAL CORP LTD Call CCL G2004J103 $18.9M 0.36% 662,400 SH
37 BERKSHIRE HATHAWAY INC DEL Put BRK.B 084670702 $18.6M 0.35% 37,200 SH
38 ISHARES TR Put IGV 464287515 $18.4M 0.35% 203,200 SH
39 METTLER TOLEDO INTERNATIONAL Call MTD 592688105 $18.4M 0.35% 14,400 SH
40 TESLA INC Put TSLA 88160R101 $18.3M 0.34% 43,400 SH
41 PFIZER INC Put PFE 717081103 $18.1M 0.34% 750,300 SH
42 REPUBLIC SVCS INC Put RSG 760759100 $17.6M 0.33% 82,700 SH
43 ASTERA LABS INC Put ALAB 04626A103 $17.6M 0.33% 36,400 SH
44 DELL TECHNOLOGIES INC Put DELL 24703L202 $17.5M 0.33% 40,500 SH
45 WELLTOWER INC Call WELL 95040Q104 $17.4M 0.33% 76,800 SH
46 SALESFORCE INC Put CRM 79466L302 $17.4M 0.33% 110,900 SH
47 NEWMONT CORP Put NEM 651639106 $17.4M 0.33% 185,800 SH
48 VERTIV HOLDINGS CO Put VRT 92537N108 $16.7M 0.31% 49,800 SH
49 PFIZER INC Call PFE 717081103 $16.4M 0.31% 681,500 SH
50 CVS HEALTH CORP Call CVS 126650100 $16.3M 0.31% 158,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $5.31B 1,357 0001535588-26-000004
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