Twin Tree Management, LP
Filing Date
Global Rank
#724
/ 8,586
▼ 315
Top Industry
Semiconductors
6.9%
3Y Alpha vs SPY
+6.6%
Period ended 3 months ago
Filed May 14, 2026 · 33d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+109.6%
SPY
+78.1%
Annualised alpha
+6.8%
Max drawdown
−22.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
617 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
12.3%
+4.6 pts
Top 5
24.6%
+5.6 pts
Top 10
30.4%
+6.2 pts
HHI
231
Diversified+93
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 23.9% | $1,078,082,365 |
| Technology | 22.9% | $1,030,505,277 |
| Consumer Cyclical | 9.5% | $426,132,803 |
| Industrials | 9.3% | $417,830,299 |
| Financial Services | 7.6% | $343,882,219 |
| Healthcare | 7.5% | $337,140,536 |
| Consumer Defensive | 6.0% | $270,956,066 |
| Basic Materials | 3.5% | $158,017,660 |
| Energy | 3.1% | $141,258,095 |
| Communication Services | 2.7% | $123,843,206 |
| Real Estate | 2.2% | $101,197,734 |
| Utilities | 1.7% | $76,055,384 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| F | Ford Motor Co | +940,200 | 1,308,600 | $15,101,244 | |
| SLV | iShares Silver Trust | +509,299 | 1,161,758 | $79,162,190 | |
| QQQ | Invesco Qqq Trust, Series 1 | +438,895 | 493,000 | $284,549,740 | |
| KR | Kroger Co | +234,945 | 282,745 | $20,459,428 | |
| CMG | Chipotle Mexican Grill Inc | +216,564 | 311,187 | $9,961,095 | |
| CCI | Crown Castle Inc. | +189,100 | 195,900 | $15,928,629 | |
| RIOT | Riot Platforms, Inc. | +183,808 | 307,419 | $3,799,698 | |
| WPC | W. P. Carey Inc. | +178,000 | 228,900 | $15,556,044 | |
| NVDA | Nvidia Corp | +153,601 | 290,304 | $50,629,017 | |
| PHG | Koninklijke Philips NV | +144,800 | 144,900 | $3,970,260 | |
| REXR | Rexford Industrial Realty, Inc. | +126,876 | 188,076 | $6,155,727 | |
| EGO | Eldorado Gold Corp /Fi | +124,641 | 133,441 | $4,581,029 | |
| USB | US Bancorp De | +124,200 | 127,200 | $6,615,672 | |
| CELH | Celsius Holdings, Inc. | +113,364 | 186,707 | $6,624,364 | |
| MO | Altria Group, Inc. | +113,000 | 264,600 | $17,460,954 | |
| SOLV | Solventum Corp | +104,304 | 189,204 | $12,355,021 | |
| MSFT | Microsoft Corp | +104,293 | 131,093 | $48,526,695 | |
| PG | PROCTER & GAMBLE Co | +97,800 | 134,400 | $19,412,736 | |
| LNC | Lincoln National Corp | +91,400 | 213,700 | $7,586,350 | |
| EXR | Extra Space Storage Inc. | +89,209 | 112,509 | $14,753,305 | |
| OMC | Omnicom Group Inc. | +88,856 | 117,200 | $8,826,332 | |
| GIS | General Mills Inc | +84,382 | 283,282 | $10,543,756 | |
| MMM | 3M Co | +81,940 | 99,300 | $14,421,339 | |
| LULU | lululemon athletica inc. | +81,640 | 134,365 | $20,571,281 | |
| ANET | Arista Networks, Inc. | +79,939 | 148,139 | $18,188,506 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IAU | Ishares Gold Trust | −2,024,932 | 660,568 | $58,235,674 | |
| PFE | Pfizer Inc | −1,698,100 | 727,000 | $20,414,160 | |
| T | At&T Inc. | −1,625,800 | 34,800 | $1,008,852 | |
| GLD | Spdr Gold Trust | −1,558,114 | 240,177 | $103,345,761 | |
| HPQ | Hp Inc | −1,315,000 | 62,600 | $1,202,546 | |
| NKE | NIKE, Inc. | −1,288,660 | 353,367 | $18,664,844 | |
| B | Barrick Mining Corp | −1,278,515 | 4,450 | $181,515 | |
| GLW | Corning Inc /Ny | −985,450 | 77,911 | $10,593,558 | |
| PAAS | Pan American Silver Corp | −959,080 | 32,835 | $1,793,776 | |
| KGC | Kinross Gold Corp | −921,568 | 266,600 | $8,136,632 | |
| PINS | Pinterest, Inc. | −860,422 | 185,400 | $3,400,236 | |
| FCX | Freeport-Mcmoran Inc | −858,831 | 110,169 | $6,475,733 | |
| O | Realty Income Corp | −838,400 | 175,200 | $10,718,736 | |
| AAL | American Airlines Group Inc. | −823,547 | 167,153 | $1,795,223 | |
| VFC | V F Corp | −789,925 | 308,315 | $5,238,271 | |
| UPS | United Parcel Service Inc | −756,256 | 83,944 | $8,258,410 | |
| PATH | UiPath, Inc. | −750,879 | 81,275 | $902,152 | |
| XYZ | Block, Inc. | −741,152 | 140,549 | $8,458,238 | |
| CVS | CVS HEALTH Corp | −694,400 | 189,200 | $13,588,344 | |
| NEE | Nextera Energy Inc | −659,445 | 37,955 | $3,525,260 | |
| CNQ | Canadian Natural Resources Ltd | −587,288 | 288,700 | $14,068,351 | |
| LVS | Las Vegas Sands Corp | −584,428 | 63,572 | $3,425,259 | |
| RIVN | Rivian Automotive, Inc. / DE | −583,202 | 311,304 | $4,685,125 | |
| SOFI | SoFi Technologies, Inc. | −534,688 | 41,700 | $662,196 | |
| HL | Hecla Mining Co/De/ | −526,853 | 64,166 | $1,195,412 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WCN | Waste Connections, Inc. | 103,141 | $16,754,224 | |
| FERG | Ferguson Enterprises Inc. /DE/ | 63,548 | $14,823,206 | |
| NDAQ | Nasdaq, Inc. | 161,331 | $13,695,388 | |
| CPAY | Corpay, Inc. | 38,817 | $11,295,358 | |
| TSN | Tyson Foods, Inc. | 156,200 | $10,007,734 | |
| KEYS | Keysight Technologies, Inc. | 34,802 | $9,827,040 | |
| BNTX | BioNTech SE | 108,493 | $9,642,857 | |
| ECL | Ecolab Inc. | 31,073 | $8,266,039 | |
| VMC | Vulcan Materials CO | 27,414 | $7,464,832 | |
| EVR | Evercore Inc. | 24,535 | $7,323,942 | |
| SNDK | Sandisk Corp | 11,090 | $7,045,920 | |
| CRH | Crh Public Ltd Co | 62,942 | $6,616,463 | |
| STE | STERIS plc | 28,900 | $6,390,657 | |
| EXP | Eagle Materials Inc | 32,206 | $6,101,426 | |
| HALO | Halozyme Therapeutics, Inc. | 92,648 | $5,987,840 | |
| SOBO | South Bow Corp | 170,800 | $5,691,056 | |
| VG | Venture Global, Inc. | 358,000 | $5,642,080 | |
| EMR | Emerson Electric Co | 41,632 | $5,454,624 | |
| MCO | Moodys Corp /De/ | 11,900 | $5,191,375 | |
| EME | EMCOR Group, Inc. | 6,700 | $4,946,677 | |
| BLD | TopBuild Corp | 13,579 | $4,770,302 | |
| TJX | Tjx Companies Inc /De/ | 29,767 | $4,753,789 | |
| GEHC | GE HealthCare Technologies Inc. | 61,800 | $4,398,924 | |
| MHK | Mohawk Industries Inc | 41,118 | $4,048,478 | |
| BCO | Brinks Co | 37,500 | $3,886,125 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LRCX | Lam Research Corp | 423,800 | $72,546,084 | |
| BX | Blackstone Inc. | 311,100 | $47,952,954 | |
| PANW | Palo Alto Networks Inc | 248,145 | $45,708,309 | |
| ROKU | Roku, Inc | 334,900 | $36,333,301 | |
| IBKR | Interactive Brokers Group, Inc. | 492,981 | $31,703,608 | |
| ROST | Ross Stores, Inc. | 172,800 | $31,128,192 | |
| APP | AppLovin Corp | 46,120 | $31,076,578 | |
| KKR | KKR & Co. Inc. | 242,500 | $30,913,900 | |
| ELV | Elevance Health, Inc. | 81,465 | $28,557,555 | |
| DIA | Spdr Dow Jones Industrial Average ETF Trust | 55,600 | $26,719,692 | |
| DUK | Duke Energy CORP | 194,100 | $22,750,461 | |
| MTD | Mettler Toledo International Inc/ | 14,300 | $19,936,915 | |
| DOCS | Doximity, Inc. | 447,664 | $19,822,561 | |
| BURL | Burlington Stores, Inc. | 63,000 | $18,197,550 | |
| PGR | Progressive Corp/Oh/ | 79,557 | $18,116,720 | |
| BAC | Bank Of America Corp /De/ | 323,100 | $17,770,500 | |
| HUM | Humana Inc | 68,071 | $17,435,025 | |
| KMB | Kimberly Clark Corp | 171,400 | $17,292,546 | |
| MS | Morgan Stanley | 96,687 | $17,164,843 | |
| PODD | Insulet Corp | 55,860 | $15,877,646 | |
| AEP | American Electric Power Co Inc | 124,523 | $14,358,747 | |
| FTNT | Fortinet, Inc. | 178,500 | $14,174,685 | |
| QCOM | Qualcomm Inc/De | 81,400 | $13,923,470 | |
| HD | Home Depot, Inc. | 39,600 | $13,626,360 | |
| CAR | Avis Budget Group, Inc. | 103,907 | $13,333,346 | |
| No positions match the current search. | ||||
38 positions ·
$158,017,660 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BHP |
BHP Group Ltd
Basic Materials
|
Added | 176,357 | $12,828,208 | 8.12% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Reduced | 148,313 | $11,948,095 | 7.56% | |
| ALB |
Albemarle Corp
Basic Materials
|
Reduced | 65,260 | $11,716,127 | 7.41% | |
| AU |
AngloGold Ashanti PLC
Basic Materials
|
Reduced | 100,467 | $9,781,467 | 6.19% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Reduced | 33,500 | $9,731,415 | 6.16% | |
| ECL |
Ecolab Inc.
Basic Materials
|
NEW | 31,073 | $8,266,039 | 5.23% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
Reduced | 266,600 | $8,136,632 | 5.15% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
NEW | 27,414 | $7,464,832 | 4.72% | |
| WLK |
Westlake Corp
Basic Materials
|
Added | 61,077 | $7,135,015 | 4.52% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
NEW | 62,942 | $6,616,463 | 4.19% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 110,169 | $6,475,733 | 4.10% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Reduced | 49,148 | $6,381,376 | 4.04% | |
| EXP |
Eagle Materials Inc
Basic Materials
|
NEW | 32,206 | $6,101,426 | 3.86% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 28,494 | $5,783,712 | 3.66% | |
| MOS |
Mosaic Co
Basic Materials
|
Added | 186,672 | $4,760,136 | 3.01% | |
| EGO |
Eldorado Gold Corp /Fi
Basic Materials
|
Added | 133,441 | $4,581,029 | 2.90% | |
| OR |
OR Royalties Inc.
Basic Materials
|
Reduced | 77,612 | $2,950,808 | 1.87% | |
| AGI |
Alamos Gold Inc
Basic Materials
|
Reduced | 62,663 | $2,784,117 | 1.76% | |
| GFI |
Gold Fields Ltd
Basic Materials
|
Reduced | 60,600 | $2,751,240 | 1.74% | |
| AG |
First Majestic Silver Corp
Basic Materials
|
Reduced | 116,744 | $2,507,661 | 1.59% | |
| CLF |
Cleveland-Cliffs Inc.
Basic Materials
|
Reduced | 275,900 | $2,331,355 | 1.48% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Reduced | 11,980 | $2,156,400 | 1.36% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Added | 8,410 | $2,077,690 | 1.31% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Reduced | 32,835 | $1,793,776 | 1.14% | |
| AA |
Alcoa Corp
Basic Materials
|
Reduced | 25,125 | $1,666,541 | 1.05% | |
| RIO |
Rio Tinto PLC
Basic Materials
|
Reduced | 16,400 | $1,529,956 | 0.97% | |
| NTR |
Nutrien Ltd.
Basic Materials
|
Reduced | 16,509 | $1,245,769 | 0.79% | |
| HL |
Hecla Mining Co/De/
Basic Materials
|
Reduced | 64,166 | $1,195,412 | 0.76% | |
| MT |
ArcelorMittal
Basic Materials
|
Reduced | 16,121 | $837,969 | 0.53% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Reduced | 7,700 | $833,525 | 0.53% | |
| LIN |
Linde PLC
Basic Materials
|
NEW | 1,553 | $769,915 | 0.49% | |
| EMN |
Eastman Chemical Co
Basic Materials
|
Reduced | 8,947 | $682,835 | 0.43% | |
| RGLD |
Royal Gold Inc
Basic Materials
|
Reduced | 2,246 | $571,584 | 0.36% | |
| HBM |
Hudbay Minerals Inc.
Basic Materials
|
Reduced | 21,859 | $456,853 | 0.29% | |
| DOW |
Dow Inc.
Basic Materials
|
Reduced | 9,400 | $391,510 | 0.25% | |
| CE |
Celanese Corp
Basic Materials
|
Added | 5,500 | $361,735 | 0.23% | |
| SSRM |
Ssr Mining Inc.
Basic Materials
|
NEW | 7,884 | $231,789 | 0.15% | |
| B |
Barrick Mining Corp
Basic Materials
|
Reduced | 4,450 | $181,515 | 0.11% |