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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 6 of 28  ·  559 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 BMY CALL BRISTOL-MYERS SQUIBB CO. Healthcare 97,300.0 $5.9M 0.12% -356K -78.5% $60.65 -1.8%
102 STZ PUT CONSTELLATION BRANDS INC Consumer Defensive 39,100.0 $5.9M 0.12% -40K -50.4% $150.00 +0.8%
103 RACE FERRARI N.V. Consumer Cyclical 17,227.0 $5.8M 0.12% -8K -32.9% $338.45 +1.0%
104 TSM PUT TAIWAN SEMICONDUCTOR MANUFAC Technology 17,100.0 $5.8M 0.12% -98K -85.2% $337.95 +18.8%
105 SPOT CALL SPOTIFY TECHNOLOGY S.A. Communication Services 11,800.0 $5.7M 0.12% -4K -23.9% $484.91 -10.6%
106 TGT CALL TARGET CORP Consumer Defensive 46,700.0 $5.7M 0.12% -4K -7.9% $121.20 +0.9%
107 C CALL CITIGROUP INC Financial Services 49,600.0 $5.6M 0.12% -78K -61.2% $113.41 +10.4%
108 FCX PUT FREEPORT-MCMORAN INC Basic Materials 95,200.0 $5.6M 0.12% -576K -85.8% $58.78 +6.0%
109 UBER PUT UBER TECHNOLOGIES INC Technology 76,700.0 $5.5M 0.12% -46K -37.3% $71.93 +3.7%
110 SNOW PUT SNOWFLAKE INC Technology 36,100.0 $5.4M 0.12% -59K -62.0% $150.82 +10.7%
111 BIIB PUT BIOGEN INC Healthcare 29,400.0 $5.4M 0.11% -45K -60.4% $183.33 +3.3%
112 VRTX CALL VERTEX PHARMACEUTICALS, INC. Healthcare 12,000.0 $5.4M 0.11% -3K -22.1% $446.54 -3.6%
113 TSM CALL TAIWAN SEMICONDUCTOR MANUFAC Technology 15,800.0 $5.3M 0.11% -25K -61.2% $337.95 +18.8%
114 FICO PUT FAIR ISAAC CORP. Technology 4,900.0 $5.2M 0.11% -800.0 -14.0% $1067.54 +15.0%
115 TWLO PUT TWILIO INC Communication Services 40,900.0 $5.1M 0.11% -41K -50.1% $125.82 +50.5%
116 BA CALL BOEING CO. Industrials 25,800.0 $5.1M 0.11% -41K -61.3% $199.03 +10.3%
117 UPS CALL UNITED PARCEL SERVICE, INC. Industrials 52,100.0 $5.1M 0.11% -764K -93.6% $98.38 +0.5%
118 EWZ PUT ISHARES INC. 131,800.0 $5.1M 0.11% -25K -16.1% $38.39 -3.6%
119 IAU CALL ISHARES GOLD TRUST Financial Services 56,900.0 $5.0M 0.11% -243K -81.0% $88.16 -3.1%
120 KLAC PUT KLA CORP. Technology 3,400.0 $5.0M 0.10% -4K -52.1% $1472.41 +25.1%
Page 6 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%