Twin Tree Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Twin Tree Management, LP disclosed 390 US equity positions worth $2.1bn in its Q3 2025 13F filing. The largest position was XBI at 3.1% of the reported book, followed by SPY and GDXJ. Against the Q2 2025 filing, it opened 11 new positions, added to 18 and reduced 20 among the top 50 holdings.
What did Twin Tree Management, LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | XBI SPDR SERIES TRUST | 3.1% | $66.8m | 666,187 | 81% | added | |
| 2 | SPY SSGA ACTIVE TRUST | 2.7% | $58.7m | 88,100 | – | new | |
| 3 | GDXJ VANECK ETF TRUST | 2.3% | $48.5m | 489,674 | 52% | added | |
| 4 | IGV BLACKROCK INSTITUTIONAL TRUS | 2.0% | $42.7m | 371,495 | -59% | reduced | |
| 5 | STX SEAGATE TECHNOLOGY HOLDINGS | Technology | 1.9% | $40.4m | 170,997 | – | new |
| 6 | GLW CORNING, INC. | Technology | 1.7% | $36.6m | 446,054 | 39% | added |
| 7 | SOFI SOFI TECHNOLOGIES INC | Financial Services | 1.6% | $35.3m | 1,337,074 | -11% | reduced |
| 8 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 1.6% | $34.2m | 203,153 | -43% | reduced |
| 9 | SMH VANECK ETF TRUST | 1.4% | $29.4m | 90,212 | -68% | reduced | |
| 10 | MS MORGAN STANLEY | Financial Services | 1.4% | $29.0m | 182,146 | 66% | added |
| 11 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 1.3% | $28.6m | 59,013 | 99% | added |
| 12 | XLK SSGA ACTIVE TRUST | 1.2% | $26.4m | 93,792 | -69% | reduced | |
| 13 | RY ROYAL BANK OF CANADA | Financial Services | 1.2% | $26.2m | 177,732 | -4% | reduced |
| 14 | KLAC KLA CORP. | Technology | 1.2% | $25.6m | 23,737 | 22507% | added |
| 15 | NKE NIKE, INC. | Consumer Cyclical | 1.2% | $25.3m | 363,195 | -28% | reduced |
| 16 | SOXX BLACKROCK INSTITUTIONAL TRUS | 1.2% | $25.0m | 92,210 | -65% | reduced | |
| 17 | GLD SPDR GOLD TRUST | 1.2% | $24.7m | 69,607 | 40% | added | |
| 18 | COIN COINBASE GLOBAL INC | Financial Services | 1.2% | $24.7m | 73,095 | – | new |
| 19 | XLF SSGA ACTIVE TRUST | 1.1% | $24.6m | 455,950 | 103% | added | |
| 20 | APH AMPHENOL CORP. | Technology | 1.1% | $23.6m | 190,962 | -66% | reduced |
| 21 | GS GOLDMAN SACHS GROUP, INC. | Financial Services | 1.1% | $22.9m | 28,729 | -53% | reduced |
| 22 | CVS CVS HEALTH CORP | Healthcare | 1.0% | $20.6m | 273,208 | – | new |
| 23 | GOOGL ALPHABET INC | Communication Services | 1.0% | $20.5m | 84,263 | – | new |
| 24 | WDC WESTERN DIGITAL CORP. | Technology | 0.9% | $20.1m | 167,202 | 163% | added |
| 25 | TTD TRADE DESK INC | Communication Services | 0.9% | $19.9m | 405,892 | -0% | held |
| 26 | KGC KINROSS GOLD CORP. | Basic Materials | 0.9% | $19.6m | 787,017 | -18% | reduced |
| 27 | TSM TAIWAN SEMICONDUCTOR MANUFAC | Technology | 0.9% | $19.3m | 69,028 | -36% | reduced |
| 28 | CIEN CIENA CORP. | Technology | 0.9% | $19.2m | 131,506 | 36% | added |
| 29 | META META PLATFORMS INC | Communication Services | 0.9% | $18.9m | 25,754 | – | new |
| 30 | LMT LOCKHEED MARTIN CORP. | Industrials | 0.9% | $18.3m | 36,743 | 50% | added |
| 31 | CNI CANADIAN NATIONAL RAILWAY CO | Industrials | 0.8% | $18.1m | 192,278 | -37% | reduced |
| 32 | B BARRICK MINING CORP. | Basic Materials | 0.8% | $18.0m | 548,214 | 122% | added |
| 33 | CMG CHIPOTLE MEXICAN GRILL | Consumer Cyclical | 0.8% | $17.4m | 442,951 | 121% | added |
| 34 | ENB ENBRIDGE INC | Energy | 0.8% | $17.2m | 341,411 | 208% | added |
| 35 | TER TERADYNE, INC. | Technology | 0.8% | $16.4m | 119,048 | -38% | reduced |
| 36 | HWM HOWMET AEROSPACE INC | Industrials | 0.8% | $16.4m | 83,464 | -75% | reduced |
| 37 | ARM ARM HOLDINGS PLC. | Technology | 0.7% | $15.7m | 110,894 | -47% | reduced |
| 38 | NEM NEWMONT CORP | Basic Materials | 0.7% | $14.1m | 167,058 | 1614% | added |
| 39 | EWZ BLACKROCK INSTITUTIONAL TRUS | 0.7% | $14.0m | 450,897 | 2% | added | |
| 40 | IBM INTERNATIONAL BUSINESS MACHI | Technology | 0.7% | $13.9m | 49,387 | – | new |
| 41 | GFI GOLD FIELDS LTD | Basic Materials | 0.6% | $13.7m | 325,678 | – | new |
| 42 | AVGO BROADCOM INC | Technology | 0.6% | $13.6m | 41,270 | – | new |
| 43 | AMAT APPLIED MATERIALS INC. | Technology | 0.6% | $13.3m | 64,778 | -56% | reduced |
| 44 | SLV BLACKROCK INSTITUTIONAL TRUS | 0.6% | $12.4m | 293,591 | -22% | reduced | |
| 45 | MRVL MARVELL TECHNOLOGY INC | Technology | 0.6% | $12.4m | 147,694 | -57% | reduced |
| 46 | PEP PEPSICO INC | Consumer Defensive | 0.6% | $12.4m | 88,135 | – | new |
| 47 | LLY LILLY(ELI) & CO | Healthcare | 0.6% | $12.4m | 16,206 | -47% | reduced |
| 48 | XYZ BLOCK INC | Technology | 0.6% | $11.8m | 163,269 | 203% | added |
| 49 | LHX L3HARRIS TECHNOLOGIES INC | Industrials | 0.6% | $11.8m | 38,572 | 69% | added |
| 50 | IWM BLACKROCK INSTITUTIONAL TRUS | 0.5% | $11.8m | 48,611 | – | new |
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.