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. | ||||
129 positions ·
$1,030,505,277 total
· Technology 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
Showing 1–50
of 129 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 1,166,794 | $90,531,546 | 8.79% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 290,304 | $50,629,017 | 4.91% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 131,093 | $48,526,695 | 4.71% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 190,600 | $48,372,374 | 4.69% | |
| ORCL |
Oracle Corp
Technology
|
Added | 271,305 | $39,911,678 | 3.87% | |
| ARM |
Arm Holdings PLC /Uk
Technology
|
Reduced | 227,659 | $34,440,253 | 3.34% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 91,867 | $31,036,347 | 3.01% | |
| DELL |
Dell Technologies Inc.
Technology
|
Reduced | 170,906 | $28,050,801 | 2.72% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Reduced | 70,959 | $27,703,103 | 2.69% | |
| ASML |
Asml Holding NV
Technology
|
Reduced | 20,696 | $27,335,897 | 2.65% | |
| TER |
Teradyne, Inc
Technology
|
Reduced | 89,839 | $26,633,669 | 2.58% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 83,333 | $25,792,396 | 2.50% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Reduced | 242,309 | $24,000,706 | 2.33% | |
| NOW |
ServiceNow, Inc.
Technology
|
Reduced | 225,199 | $23,544,555 | 2.28% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 89,938 | $21,800,071 | 2.12% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Reduced | 126,150 | $18,453,222 | 1.79% | |
| ANET |
Arista Networks, Inc.
Technology
|
Added | 148,139 | $18,188,506 | 1.77% | |
| NXT |
Nextpower Inc.
Technology
|
Reduced | 120,878 | $14,571,842 | 1.41% | |
| APH |
Amphenol Corp /De/
Technology
|
Reduced | 107,600 | $13,595,260 | 1.32% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 39,480 | $13,342,266 | 1.29% | |
| ACN |
Accenture plc
Technology
|
Reduced | 66,613 | $13,208,691 | 1.28% | |
| SHOP |
Shopify Inc.
Technology
|
Reduced | 111,073 | $13,175,479 | 1.28% | |
| CPAY |
Corpay, Inc.
Technology
|
NEW | 38,817 | $11,295,358 | 1.10% | |
| GLW |
Corning Inc /Ny
Technology
|
Reduced | 77,911 | $10,593,558 | 1.03% | |
| MSTR |
Strategy Inc
Technology
|
Added | 81,300 | $10,146,240 | 0.98% | |
| KLAC |
Kla Corp
Technology
|
Reduced | 6,776 | $9,977,050 | 0.97% | |
| ALAB |
Astera Labs, Inc.
Technology
|
Reduced | 90,127 | $9,877,919 | 0.96% | |
| KEYS |
Keysight Technologies, Inc.
Technology
|
NEW | 34,802 | $9,827,040 | 0.95% | |
| MCHP |
Microchip Technology Inc
Technology
|
Reduced | 147,118 | $9,505,293 | 0.92% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
Added | 21,900 | $9,503,943 | 0.92% | |
| INTU |
Intuit Inc.
Technology
|
Added | 21,654 | $9,362,756 | 0.91% | |
| DDOG |
Datadog, Inc.
Technology
|
Reduced | 78,400 | $9,255,120 | 0.90% | |
| XYZ |
Block, Inc.
Technology
|
Reduced | 140,549 | $8,458,238 | 0.82% | |
| CLS |
Celestica Inc
Technology
|
Reduced | 29,644 | $8,350,121 | 0.81% | |
| RBRK |
Rubrik, Inc.
Technology
|
Reduced | 169,831 | $8,316,624 | 0.81% | |
| SNOW |
Snowflake Inc.
Technology
|
Reduced | 52,342 | $7,894,220 | 0.77% | |
| TEAM |
Atlassian Corp
Technology
|
Reduced | 104,511 | $7,132,875 | 0.69% | |
| SNDK |
Sandisk Corp
Technology
|
NEW | 11,090 | $7,045,920 | 0.68% | |
| VRSN |
Verisign Inc/Ca
Technology
|
Added | 28,100 | $6,978,916 | 0.68% | |
| GFS |
GLOBALFOUNDRIES Inc.
Technology
|
Added | 156,789 | $6,973,974 | 0.68% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 96,328 | $6,928,873 | 0.67% | |
| SNPS |
Synopsys Inc
Technology
|
Added | 16,800 | $6,660,864 | 0.65% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 32,630 | $6,637,920 | 0.64% | |
| IOT |
Samsara Inc.
Technology
|
Reduced | 201,874 | $6,397,387 | 0.62% | |
| TWLO |
Twilio Inc
Technology
|
Reduced | 50,386 | $6,339,566 | 0.62% | |
| ON |
On Semiconductor Corp
Technology
|
Reduced | 99,581 | $6,166,055 | 0.60% | |
| MDB |
MongoDB, Inc.
Technology
|
Reduced | 25,089 | $6,141,034 | 0.60% | |
| STX |
Seagate Technology Holdings plc
Technology
|
Reduced | 15,653 | $6,132,219 | 0.60% | |
| FICO |
Fair Isaac Corp
Technology
|
Reduced | 5,100 | $5,444,454 | 0.53% | |
| LOGI |
Logitech International S.A.
Technology
|
Reduced | 55,477 | $5,055,064 | 0.49% |