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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 4 of 62  ·  1,240 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PFE CALL PFIZER INC. Healthcare 440,200.0 $12.4M 0.26% -601K -57.7% $28.08 -7.6%
62 TMO CALL THERMO FISHER SCIENTIFIC INC Healthcare 24,500.0 $12.0M 0.25% -10K -27.9% $491.53 -8.1%
63 GILD CALL GILEAD SCIENCES, INC. Healthcare 86,300.0 $12.0M 0.25% NEW $139.37 -6.4%
64 VRTX PUT VERTEX PHARMACEUTICALS, INC. Healthcare 26,800.0 $12.0M 0.25% +1K +5.5% $446.54 -3.6%
65 SHOP PUT SHOPIFY INC Technology 99,800.0 $11.8M 0.25% -101K -50.3% $118.62 -11.5%
66 URI CALL UNITED RENTALS, INC. Industrials 16,100.0 $11.7M 0.25% -18K -52.5% $728.56 +28.5%
67 WMT PUT WALMART INC Consumer Defensive 94,100.0 $11.7M 0.25% NEW $124.28 +5.3%
68 META CALL META PLATFORMS INC Communication Services 20,300.0 $11.6M 0.24% -6K -23.1% $572.13 +6.2%
69 F CALL FORD MOTOR CO. Consumer Cyclical 1,004,200.0 $11.6M 0.24% +741K +281.8% $11.54 +18.5%
70 HWM CALL HOWMET AEROSPACE INC Industrials 49,800.0 $11.5M 0.24% -86K -63.2% $230.46 +12.8%
71 ULTA CALL ULTA BEAUTY INC Consumer Cyclical 21,800.0 $11.4M 0.24% +17K +363.8% $522.71 -5.7%
72 MMM CALL 3M CO. Industrials 78,200.0 $11.4M 0.24% +69K +723.2% $145.23 +4.4%
73 DELL PUT DELL TECHNOLOGIES INC Technology 69,100.0 $11.3M 0.24% -184K -72.7% $164.13 +54.1%
74 NFLX PUT NETFLIX INC. Communication Services 116,700.0 $11.2M 0.24% +11K +10.7% $96.15 -7.1%
75 IAU ISHARES GOLD TRUST Financial Services 125,168.0 $11.0M 0.23% NEW $88.16 -3.1%
76 FERG PUT FERGUSON ENTERPRISES INC. Industrials 46,800.0 $10.9M 0.23% NEW $233.26 -4.1%
77 HEI PUT HEICO CORP. Industrials 39,700.0 $10.9M 0.23% NEW $274.20 +9.8%
78 O CALL REALTY INCOME CORP. Real Estate 175,200.0 $10.7M 0.23% -838K -82.7% $61.18 +1.7%
79 GLD SPDR GOLD TRUST Financial Services 24,477.0 $10.5M 0.22% +19K +345.8% $430.29 -3.1%
80 IBM PUT INTERNATIONAL BUSINESS MACHI Technology 42,800.0 $10.4M 0.22% -56K -56.9% $242.39 +4.4%
Page 4 of 62  ·  1,240 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%