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Portfolio (Quarterly) Guide ↗

Twin Tree Management, LP

· CIK 0001535588
13F Portfolio $4.7B AUM 1,240 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 455 New 205 Added 559 Reduced 566 Exited
Page 2 of 28  ·  559 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MCD PUT MCDONALD`S CORP Consumer Cyclical 44,700.0 $13.9M 0.29% -700.0 -1.5% $310.79 -8.6%
22 WMT CALL WALMART INC Consumer Defensive 111,700.0 $13.9M 0.29% -138K -55.3% $124.28 +5.3%
23 GWW CALL W.W. GRAINGER INC. Industrials 12,600.0 $13.7M 0.29% -8K -40.0% $1090.81 +13.6%
24 GS PUT GOLDMAN SACHS GROUP, INC. Financial Services 16,100.0 $13.6M 0.29% -13K -43.9% $845.99 +16.8%
25 APH PUT AMPHENOL CORP. Technology 107,600.0 $13.6M 0.29% -265K -71.1% $126.35 -1.2%
26 TSLA PUT TESLA INC Consumer Cyclical 36,000.0 $13.4M 0.28% -102K -73.8% $371.75 +12.2%
27 NOW PUT SERVICENOW INC Technology 126,000.0 $13.2M 0.28% -72K -36.5% $104.55 -4.6%
28 AAPL PUT APPLE INC Technology 50,900.0 $12.9M 0.27% -118K -69.9% $253.79 +20.2%
29 CRWD PUT CROWDSTRIKE HOLDINGS INC Technology 32,700.0 $12.8M 0.27% -59K -64.2% $390.41 +66.0%
30 CVS CALL CVS HEALTH CORP Healthcare 175,900.0 $12.6M 0.27% -243K -58.0% $71.82 +29.9%
31 DELL CALL DELL TECHNOLOGIES INC Technology 76,200.0 $12.5M 0.26% -700.0 -0.9% $164.13 +54.1%
32 PFE CALL PFIZER INC. Healthcare 440,200.0 $12.4M 0.26% -601K -57.7% $28.08 -7.6%
33 TMO CALL THERMO FISHER SCIENTIFIC INC Healthcare 24,500.0 $12.0M 0.25% -10K -27.9% $491.53 -8.1%
34 SHOP PUT SHOPIFY INC Technology 99,800.0 $11.8M 0.25% -101K -50.3% $118.62 -11.5%
35 URI CALL UNITED RENTALS, INC. Industrials 16,100.0 $11.7M 0.25% -18K -52.5% $728.56 +28.5%
36 META CALL META PLATFORMS INC Communication Services 20,300.0 $11.6M 0.24% -6K -23.1% $572.13 +6.2%
37 HWM CALL HOWMET AEROSPACE INC Industrials 49,800.0 $11.5M 0.24% -86K -63.2% $230.46 +12.8%
38 DELL PUT DELL TECHNOLOGIES INC Technology 69,100.0 $11.3M 0.24% -184K -72.7% $164.13 +54.1%
39 O CALL REALTY INCOME CORP. Real Estate 175,200.0 $10.7M 0.23% -838K -82.7% $61.18 +1.7%
40 IBM PUT INTERNATIONAL BUSINESS MACHI Technology 42,800.0 $10.4M 0.22% -56K -56.9% $242.39 +4.4%
Page 2 of 28  ·  559 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.7%
Consumer Cyclical 12.2%
Financial Services 10.8%
Industrials 10.4%
Healthcare 8.7%
Basic Materials 8.5%
Consumer Defensive 5.8%
Energy 3.9%
Communication Services 3.7%
Utilities 2.9%