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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 11  ·  205 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ANET PUT ARISTA NETWORKS INC Technology 104,000.0 $12.8M 0.27% +65K +166.0% $122.78 +21.0%
22 SLB PUT SLB LTD. Energy 247,200.0 $12.7M 0.27% +216K +702.6% $51.39 +11.5%
23 LULU PUT LULULEMON ATHLETICA INC. Consumer Cyclical 81,400.0 $12.5M 0.26% +40K +98.0% $153.10 -17.2%
24 VRTX PUT VERTEX PHARMACEUTICALS, INC. Healthcare 26,800.0 $12.0M 0.25% +1K +5.5% $446.54 -3.6%
25 F CALL FORD MOTOR CO. Consumer Cyclical 1,004,200.0 $11.6M 0.24% +741K +281.8% $11.54 +18.5%
26 ULTA CALL ULTA BEAUTY INC Consumer Cyclical 21,800.0 $11.4M 0.24% +17K +363.8% $522.71 -5.7%
27 MMM CALL 3M CO. Industrials 78,200.0 $11.4M 0.24% +69K +723.2% $145.23 +4.4%
28 NFLX PUT NETFLIX INC. Communication Services 116,700.0 $11.2M 0.24% +11K +10.7% $96.15 -7.1%
29 GLD SPDR GOLD TRUST Financial Services 24,477.0 $10.5M 0.22% +19K +345.8% $430.29 -3.1%
30 NOW SERVICENOW INC Technology 99,199.0 $10.4M 0.22% +90K +950.0% $104.55 -4.6%
31 EXR CALL EXTRA SPACE STORAGE INC. Real Estate 75,300.0 $9.9M 0.21% +52K +223.2% $131.13 +9.7%
32 LKQ CALL LKQ CORP Consumer Cyclical 335,900.0 $9.9M 0.21% +35K +11.7% $29.37 -8.5%
33 SJM CALL J.M. SMUCKER CO. Consumer Defensive 99,000.0 $9.5M 0.20% +8K +9.4% $96.44 +4.2%
34 LYB LYONDELLBASELL INDUSTRIES NV Basic Materials 110,313.0 $8.9M 0.19% +55K +99.0% $80.56 -13.0%
35 BHP PUT BHP GROUP LIMITED Basic Materials 121,900.0 $8.9M 0.19% +116K +2076.8% $72.74 +16.8%
36 GIS CALL GENERAL MILLS, INC. Consumer Defensive 235,300.0 $8.8M 0.18% +36K +18.3% $37.22 -10.1%
37 ILMN PUT ILLUMINA INC Healthcare 70,800.0 $8.7M 0.18% +36K +101.1% $123.26 +17.5%
38 ALL CALL ALLSTATE CORP (THE) Financial Services 41,900.0 $8.7M 0.18% +8K +24.7% $207.34 +3.4%
39 MO PUT ALTRIA GROUP INC. Consumer Defensive 127,200.0 $8.4M 0.18% +113K +808.6% $65.99 +11.7%
40 COF CALL CAPITAL ONE FINANCIAL CORP. Financial Services 45,300.0 $8.3M 0.17% +16K +56.8% $182.43 +2.3%
Page 2 of 11  ·  205 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%