Twin Tree Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Twin Tree Management, LP disclosed 433 US equity positions worth $4.0bn in its Q2 2025 13F filing. The largest position was IGV at 2.5% of the reported book, followed by SMH and XLK. Against the Q1 2025 filing, it opened 8 new positions, added to 32 and reduced 10 among the top 50 holdings.
What did Twin Tree Management, LP own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | IGV ISHARES TR | 2.5% | $99.6m | 909,662 | 1828% | added | |
| 2 | SMH VANECK ETF TRUST | 2.0% | $79.8m | 286,282 | 224% | added | |
| 3 | XLK SELECT SECTOR SPDR TR | 2.0% | $77.7m | 306,934 | – | new | |
| 4 | VOO VANGUARD INDEX FDS | 1.8% | $73.4m | 129,245 | – | new | |
| 5 | PWR QUANTA SVCS INC | Industrials | 1.7% | $68.5m | 181,177 | 143% | added |
| 6 | SOXX ISHARES TR | 1.6% | $63.7m | 266,911 | 20% | added | |
| 7 | HWM HOWMET AEROSPACE INC | Industrials | 1.5% | $61.3m | 329,330 | 32% | added |
| 8 | APH AMPHENOL CORP NEW | Technology | 1.4% | $54.9m | 555,966 | 1155% | added |
| 9 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 1.3% | $50.3m | 160,616 | 169% | added |
| 10 | LULU LULULEMON ATHLETICA INC | Consumer Cyclical | 1.2% | $49.1m | 206,721 | 382% | added |
| 11 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 1.2% | $46.5m | 2,272,508 | 189% | added |
| 12 | VST VISTRA CORP | Utilities | 1.1% | $43.8m | 225,909 | 796% | added |
| 13 | GS GOLDMAN SACHS GROUP INC | Financial Services | 1.1% | $43.5m | 61,464 | 227% | added |
| 14 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 1.1% | $42.8m | 138,795 | 9% | added |
| 15 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 1.1% | $42.7m | 359,267 | -31% | reduced |
| 16 | TSLA TESLA INC | Consumer Cyclical | 1.0% | $40.5m | 127,471 | -60% | reduced |
| 17 | ASML ASML HOLDING N V | Technology | 0.9% | $37.2m | 46,409 | 32% | added |
| 18 | CCJ CAMECO CORP | Energy | 0.9% | $36.3m | 489,033 | – | new |
| 19 | NKE NIKE INC | Consumer Cyclical | 0.9% | $35.9m | 505,825 | -30% | reduced |
| 20 | QQQ INVESCO QQQ TR | 0.9% | $34.6m | 62,738 | – | new | |
| 21 | ARM ARM HOLDINGS PLC | Technology | 0.8% | $33.5m | 207,424 | -62% | reduced |
| 22 | CM CANADIAN IMPERIAL BK COMM | Financial Services | 0.8% | $32.0m | 452,159 | 143% | added |
| 23 | CNI CANADIAN NATL RY CO | Industrials | 0.8% | $31.8m | 305,465 | 393% | added |
| 24 | ARES ARES MANAGEMENT CORPORATION | Financial Services | 0.8% | $30.9m | 178,254 | 182% | added |
| 25 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.8% | $30.8m | 168,864 | 793% | added |
| 26 | TPR TAPESTRY INC | Consumer Cyclical | 0.8% | $30.5m | 347,622 | 93% | added |
| 27 | XBI SPDR SERIES TRUST | 0.8% | $30.5m | 367,705 | 13% | added | |
| 28 | ROST ROSS STORES INC | Consumer Cyclical | 0.8% | $30.4m | 237,933 | – | new |
| 29 | WPM WHEATON PRECIOUS METALS CORP | Basic Materials | 0.8% | $30.2m | 336,323 | 1% | added |
| 30 | TTD THE TRADE DESK INC | Communication Services | 0.7% | $29.3m | 407,500 | 231% | added |
| 31 | GE GE AEROSPACE | Industrials | 0.7% | $29.2m | 113,413 | 361% | added |
| 32 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 0.7% | $28.4m | 116,778 | 25% | added |
| 33 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.7% | $27.9m | 57,454 | – | new | |
| 34 | ETN EATON CORP PLC | Industrials | 0.7% | $27.7m | 77,598 | -66% | reduced |
| 35 | SOFI SOFI TECHNOLOGIES INC | Financial Services | 0.7% | $27.3m | 1,500,633 | 46% | added |
| 36 | AMAT APPLIED MATLS INC | Technology | 0.7% | $26.9m | 147,053 | -63% | reduced |
| 37 | XRT SPDR SERIES TRUST | 0.7% | $26.4m | 342,861 | 25% | added | |
| 38 | MRVL MARVELL TECHNOLOGY INC | Technology | 0.7% | $26.4m | 340,569 | -65% | reduced |
| 39 | ADI ANALOG DEVICES INC | Technology | 0.7% | $26.2m | 109,985 | 35% | added |
| 40 | LDOS LEIDOS HOLDINGS INC | Technology | 0.7% | $26.0m | 165,026 | 72% | added |
| 41 | CCL CARNIVAL CORP | Consumer Cyclical | 0.6% | $25.1m | 894,285 | -18% | reduced |
| 42 | ANET ARISTA NETWORKS INC | Technology | 0.6% | $24.7m | 241,901 | -11% | reduced |
| 43 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.6% | $24.6m | 108,686 | 536% | added |
| 44 | RY ROYAL BK CDA | Financial Services | 0.6% | $24.3m | 184,683 | 57% | added |
| 45 | LLY ELI LILLY & CO | Healthcare | 0.6% | $24.0m | 30,807 | 5333% | added |
| 46 | KRE SPDR SERIES TRUST | 0.6% | $23.4m | 394,582 | 472% | added | |
| 47 | ADBE ADOBE INC | Technology | 0.6% | $23.4m | 60,516 | -61% | reduced |
| 48 | EVR EVERCORE INC | Financial Services | 0.6% | $23.4m | 86,524 | – | new |
| 49 | HD HOME DEPOT INC | Consumer Cyclical | 0.6% | $23.0m | 62,808 | – | new |
| 50 | OXY OCCIDENTAL PETE CORP | Energy | 0.6% | $22.3m | 530,305 | 75% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.