Q2 2026 13F · SEC CIK 1535588

Twin Tree Management, LP

Hedge fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $642.1M
Reported positions: 420
Top holdings a year, 3 yrs: +34.2%
Assets under management: $1.5B

Twin Tree Management, LP is a hedge fund that reported 420 positions worth $642.1M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Microsoft Corp (MSFT, 2.4%), Ishares Gold Tr (IAU, 2.3%), Netflix Inc. (NFLX, 2.2%). A portfolio copying its top holdings returned 34.2% a year over the last 3 years, against 20.4% for the S&P 500.

Twin Tree Management, LP holdings largest 50 of 420 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Twin Tree Management, LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	2.4%	1.8%	42,101	+82.3%	$15.7M
IAUIshares Gold Tr	2.3%	2.3%	194,746	+55.6%	$14.7M
NFLXNetflix Inc.	2.2%	—	202,050	—	$14.4M
GLDSpdr Gold Tr	2.0%	2.2%	35,664	+45.7%	$13.1M
ORCLOracle Corp	1.8%	—	76,925	—	$11.3M
GDXVaneck ETF Trust	1.6%	1.6%	133,964	+65.5%	$10.1M
ASMLAsml Hldg NV	1.4%	0.9%	4,373	+32.7%	$8.7M
CEGConstellation Energy Corp	1.3%	—	34,632	—	$8.6M
AMATApplied Matls Inc	1.3%	—	11,241	—	$8.1M
AMZNAmazon Com Inc	1.2%	—	31,320	—	$7.5M
CRMSalesforce Inc	1.2%	—	47,195	—	$7.4M
GLWCorning Inc	1.1%	1.2%	28,374	-34.6%	$7.2M
TMToyota Motor Corp	1.1%	0.6%	42,379	+201.9%	$7.1M
KRKroger Co	1.1%	1.5%	126,041	+30.4%	$7.0M
RYRoyal Bk Cda	1.0%	—	31,842	—	$6.6M
PLTRPalantir Technologies Inc	1.0%	—	54,826	—	$6.4M
GOOGLAlphabet Inc	0.9%	—	16,927	—	$6.0M
ECLEcolab Inc	0.9%	—	21,498	—	$6.0M
AVGOBroadcom Inc	0.9%	0.6%	15,809	+71.2%	$6.0M
NVDANvidia Corporation	0.9%	—	29,330	—	$5.9M
VWOVanguard Intl Equity Index F	0.9%	—	97,473	—	$5.8M
APHAmphenol Corp	0.9%	—	32,572	—	$5.7M
ZMZoom Communications Inc	0.9%	—	65,605	—	$5.7M
NEMNewmont Corp	0.8%	—	58,312	—	$5.4M
DIASpdr Dow Jones Indl Average	0.8%	—	10,253	—	$5.4M
MUMicron Technology Inc	0.8%	1.5%	4,632	-77.8%	$5.3M
FFIVF5 Inc	0.8%	—	12,623	—	$5.3M
SLVIshares Silver Tr	0.8%	—	97,304	—	$5.2M
STXSeagate Technology Hldngs Pl	0.8%	—	5,075	—	$4.9M
XLFSelect Sector Spdr Tr	0.8%	—	89,818	—	$4.8M
METAMeta Platforms Inc	0.7%	0.7%	8,091	+40.2%	$4.6M
OXYOccidental Pete Corp	0.7%	—	89,670	—	$4.4M
GFSGlobalfoundries Inc	0.7%	—	52,401	—	$4.3M
XLBSelect Sector Spdr Tr	0.7%	—	84,652	—	$4.3M
COHRCoherent Corp	0.6%	—	10,424	—	$4.1M
ITBIshares Tr	0.6%	—	39,147	—	$4.1M
ADBEAdobe Inc	0.6%	—	19,858	—	$4.1M
AUAnglogold Ashanti PLC	0.6%	—	49,509	—	$4.0M
XLUSelect Sector Spdr Tr	0.6%	1.0%	86,564	-12.3%	$3.9M
EWYIshares Inc	0.6%	—	19,189	—	$3.9M
XBISpdr Series Trust	0.6%	1.2%	24,074	-47.8%	$3.8M
CMGChipotle Mexican Grill Inc	0.6%	0.6%	110,612	+23.1%	$3.8M
AXPAmerican Express Co	0.6%	—	10,997	—	$3.7M
BNSBank Nova Scotia B C	0.6%	—	42,268	—	$3.7M
TSMTaiwan Semiconductor Manufac	0.6%	—	7,653	—	$3.7M
WDCWestern Digital Corp Com	0.6%	—	5,642	—	$3.6M
BNYBank of Ny Mellon Corp	0.6%	—	24,888	—	$3.6M
PWRQuanta Svcs Inc	0.5%	—	4,844	—	$3.5M
LOWLowes Cos Inc	0.5%	—	15,694	—	$3.5M
EWTIshares Inc	0.5%	—	31,534	—	$3.4M

What Twin Tree Management, LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

TM Toyota Motor Corp+201.9% shares
MSFT Microsoft Corp+82.3% shares
AVGO Broadcom Inc+71.2% shares
GDX Vaneck ETF Trust+65.5% shares
IAU Ishares Gold Tr+55.6% shares
GLD Spdr Gold Tr+45.7% shares
META Meta Platforms Inc+40.2% shares
ASML Asml Hldg NV+32.7% shares

Reduced

Left the top 50

NOW Servicenow Incwas 2.2%
LYB Lyondellbasell Industries NVwas 1.9%
LULU Lululemon Athletica Incwas 1.7%
MRNA Moderna Incwas 1.3%
MCK Mckesson Corpwas 1.3%
RACE Ferrari N Vwas 1.2%
XRT Spdr Series Trustwas 1.2%
CRWD Crowdstrike Hldgs Incwas 1.1%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +36.5% /yr; S&P 500 +20.1%
3 years: +34.2% /yr; S&P 500 +20.4%
5 years: +15.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$642.1M	420
Q1 2026	$476.2M	385
Q4 2025	$976.2M	350
Q3 2025	$2.1B	390
Q2 2025	$4.0B	433
Q1 2025	$4.5B	541
Q4 2024	$4.1B	480
Q3 2024	$4.3B	504
Q2 2024	$3.4B	451
Q1 2024	$4.4B	382
Q4 2023	$5.5B	456
Q3 2023	$3.0B	408

Questions about Twin Tree Management, LP's portfolio

What stocks does Twin Tree Management, LP own?

Twin Tree Management, LP's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 420 positions worth $642.1M. The largest are Microsoft Corp (MSFT) at 2.4%, Ishares Gold Tr (IAU) at 2.3%, Netflix Inc. (NFLX) at 2.2%, Spdr Gold Tr (GLD) at 2.0% and Oracle Corp (ORCL) at 1.8%.

What did Twin Tree Management, LP buy last quarter?

In Q2 2026, Twin Tree Management, LP added Toyota Motor Corp (TM) (+201.9% shares), Microsoft Corp (MSFT) (+82.3% shares) and Broadcom Inc (AVGO) (+71.2% shares), compared with its Q1 2026 filing.

What did Twin Tree Management, LP sell last quarter?

In Q2 2026, Twin Tree Management, LP cut from its top 50 Servicenow Inc (NOW), cut from its top 50 Lyondellbasell Industries NV (LYB), cut from its top 50 Lululemon Athletica Inc (LULU), cut from its top 50 Moderna Inc (MRNA), cut from its top 50 Mckesson Corp (MCK), Micron Technology Inc (MU) (-77.8% shares), Spdr Series Trust (XBI) (-47.8% shares) and Corning Inc (GLW) (-34.6% shares), compared with its Q1 2026 filing.

How has Twin Tree Management, LP's portfolio performed?

A portfolio copying Twin Tree Management, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +34.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +36.5% against +20.1%. Over 5 years: +15.1% a year against +11.6%.

When is Twin Tree Management, LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Twin Tree Management, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Twin Tree Management, LP manage?

Twin Tree Management, LP reported $1.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $642.1M.