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Portfolio (Quarterly) Guide ↗

Twin Tree Management, LP

· CIK 0001535588
13F Portfolio $11.5B AUM Filed Feb 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 1351 New
Page 3 of 68  ·  1,351 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CALL BERKSHIRE HATHAWAY INC DEL 77,000.0 $38.7M 0.34% NEW $502.65
42 GEV PUT GE VERNOVA INC Utilities 58,700.0 $38.4M 0.34% NEW $653.57 +59.7%
43 CVS PUT CVS HEALTH CORP Healthcare 464,600.0 $36.9M 0.32% NEW $79.36 +17.6%
44 ARM PUT ARM HOLDINGS PLC Technology 334,900.0 $36.6M 0.32% NEW $109.31 +172.8%
45 AMGN PUT AMGEN INC Healthcare 110,800.0 $36.3M 0.32% NEW $327.31 +3.1%
46 PANW PUT PALO ALTO NETWORKS INC Technology 196,400.0 $36.2M 0.32% NEW $184.20 +37.3%
47 ORCL PUT ORACLE CORP Technology 185,400.0 $36.1M 0.32% NEW $194.91 -2.6%
48 LVS PUT LAS VEGAS SANDS CORP Consumer Cyclical 548,400.0 $35.7M 0.31% NEW $65.09 -24.0%
49 JNJ PUT JOHNSON & JOHNSON Healthcare 172,000.0 $35.6M 0.31% NEW $206.95 +12.0%
50 MKL CALL MARKEL GROUP INC Financial Services 16,400.0 $35.3M 0.31% NEW $2149.65 -13.8%
51 TSM PUT TAIWAN SEMICONDUCTOR MFG LTD Technology 115,200.0 $35.0M 0.30% NEW $303.89 +32.2%
52 COIN PUT COINBASE GLOBAL INC Financial Services 152,900.0 $34.6M 0.30% NEW $226.14 -14.4%
53 PFE PUT PFIZER INC Healthcare 1,384,100.0 $34.5M 0.30% NEW $24.90 +4.2%
54 PUT BLOCK INC 526,500.0 $34.3M 0.30% NEW $65.09
55 FCX PUT FREEPORT-MCMORAN INC Basic Materials 671,600.0 $34.1M 0.30% NEW $50.79 +22.7%
56 LLY PUT ELI LILLY & CO Healthcare 31,100.0 $33.4M 0.29% NEW $1074.68 -3.1%
57 CVS CALL CVS HEALTH CORP Healthcare 419,000.0 $33.3M 0.29% NEW $79.36 +17.6%
58 NKE CALL NIKE INC Consumer Cyclical 511,700.0 $32.6M 0.28% NEW $63.71 -30.3%
59 SHOP PUT SHOPIFY INC Technology 200,900.0 $32.3M 0.28% NEW $160.97 -34.8%
60 MU CALL MICRON TECHNOLOGY INC Technology 112,100.0 $32.0M 0.28% NEW $285.41 +167.0%
Page 3 of 68  ·  1,351 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 33.5%
Financial Services 14.1%
Consumer Cyclical 12.6%
Basic Materials 11.5%
Healthcare 9.2%
Industrials 7.0%
Communication Services 3.6%
Energy 3.6%
Consumer Defensive 3.3%
Utilities 1.2%