Arkolith/Funds/Twin Tree Management, LP

Twin Tree Management, LP

CIK 1535588
Holdings as of Mar 31, 2026·disclosed May 14, 2026·~44-day 13F lag·13F-HR
Inactive

Twin Tree Management, LP holds a diversified book of 374 stocks worth $476.2M as of Q1 2026 (disclosed May 14, 2026, a ~45-day 13F lag). This quarter they opened TJX COMPANIES, INC. and trimmed MICRON TECHNOLOGY INC.. Their largest long position is SS SPDR S&P HOMEBLDRS ETF at 3% of the equity book. They also disclosed $2.0B in put options (a bearish bet) and $2.3B in call options (bullish), shown separately below and excluded from the equity book.

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holdings, largest changes, and filing provenance.
Opened
66
new positions
Added to
208
existing
Trimmed
100
reduced
Sold out
77
exited

Concentration

Top-heavy: diversified book

Top 5 holdings
11%
Top 10 holdings
20%
Top 20 holdings
31%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

25% mapped to company sectors

ETF / fund or unclassified
75%
Financials
5%
Materials
4%
Health Care
4%
Consumer Discretionary
4%
Industrials
3%
Consumer Staples
2%
Energy
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited
  • TERADYNE, INC.
    −98%$43.3M
  • CORNING, INC.
    −86%$35.5M
  • CIENA CORP.
    −93%$22.0M
  • −98%$20.3M
  • COINBASE GLOBAL INC
    −88%$19.5M
  • −90%$19.5M

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

385 positions
#SecurityValueShares% PortLast moveHistory
1Ishares Gold Trust
ISHARES NEW
$11.0M125.2K
2.3%
Added
Added · +125K sh
2SPDR Gold Trust
GOLD SHS
$10.5M24.5K
2.2%
+346%
Added · +19K sh
3Servicenow Inc
COM
$10.4M99.2K
2.2%
10×
Added · +90K sh
4Lyondellbasell Industries NV
SHS - A -
$8.9M110.3K
1.9%
+99%
Added · +55K sh
5Microsoft Corporation
COM
$8.5M23.1K
1.8%
Added
Added · +23K sh
6Lululemon Athletica Inc.
COM
$7.9M51.7K
1.7%
+442%
Added · +42K sh
7Vaneck ETF Trust
GOLD MINERS ETF
$7.4M81.0K
1.6%
+161%
Added · +50K sh
8Micron Technology Inc.
COM
$7.0M20.9K
1.5%
−22%
Reduced · −6K sh
9Kroger Co.
COM
$7.0M96.6K
1.5%
Added
Added · +97K sh
10Moderna Inc
COM
$6.4M125.2K
1.3%
+84%
Added · +57K sh
11McKesson Corporation
COM
$6.1M7.0K
1.3%
Added
Added · +7K sh
12Corning, Inc.
COM
$5.9M43.4K
1.2%
−86%
Reduced · −261K sh
13SPDR Series Trust
STATE STREET SPD
$5.9M46.2K
1.2%
12×
Added · +42K sh
14Ferrari N.V.
COM
$5.8M17.2K
1.2%
−33%
Reduced · −8K sh
15SPDR Series Trust
STATE STREET SPD
$5.7M71.3K
1.2%
+872%
Added · +64K sh
16Crowdstrike Holdings Inc
CL A
$5.3M13.7K
1.1%
+70%
Added · +6K sh
17Nextpower Inc.
CLASS A COM
$5.0M41.3K
1.0%
Added
Added · +41K sh
18SPDR Series Trust
STATE STREET SPD
$4.7M25.7K
1.0%
Added
Added · +26K sh
19Select Sector SPDR Trust (TH
STATE STREET ENE
$4.5M74.0K
1.0%
Added
Added · +74K sh
20Select Sector SPDR Trust (TH
STATE STREET UTI
$4.5M98.7K
1.0%
+283%
Added · +73K sh
21Marvell Technology Inc
COM
$4.4M44.3K
0.9%
+16%
Added · +6K sh
22Asml Holding NV
N Y REGISTRY SHS
$4.4M3.3K
0.9%
−40%
Reduced · −2K sh
23Berkshire Hathaway Inc.
CL B NEW
$4.3M9.0K
0.9%
Added
Added · +9K sh
24Westlake Corporation
COM
$4.2M36.0K
0.9%
Added
Added · +36K sh
25Dell Technologies Inc
CL C
$4.2M25.6K
0.9%
−63%
Reduced · −43K sh
26Arista Networks Inc
COM SHS
$4.2M34.0K
0.9%
Added
Added · +34K sh
27Rubrik Inc.
CL A
$4.2M85.0K
0.9%
+204%
Added · +57K sh
28Equinix Inc
COM
$4.1M4.2K
0.9%
+108%
Added · +2K sh
29Estee Lauder Cos., Inc.
CL A
$4.0M56.2K
0.8%
Added
Added · +56K sh
30Arm Holdings PLC.
SPONSORED ADS
$3.6M23.7K
0.8%
−83%
Reduced · −117K sh
31Vertex Pharmaceuticals, Inc.
COM
$3.5M7.8K
0.7%
Added
Added · +8K sh
32Robinhood Markets Inc
COM CL A
$3.3M47.8K
0.7%
Added
Added · +48K sh
33Meta Platforms Inc
CL A
$3.3M5.8K
0.7%
+580%
Added · +5K sh
34Johnson & Johnson
COM
$3.3M13.3K
0.7%
−85%
Reduced · −74K sh
35Dollar Tree Inc
COM
$3.2M29.4K
0.7%
Added
Added · +29K sh
36Astera Labs Inc.
COM
$3.2M29.2K
0.7%
−9.8%
Reduced · −3K sh
37CF Industries Holdings Inc
COM
$3.2M24.6K
0.7%
−33%
Reduced · −12K sh
38Tesla Inc
COM
$3.1M8.2K
0.6%
Added
Added · +8K sh
39Corpay Inc.
COM SHS
$3.0M10.3K
0.6%
Added
Added · +10K sh
40TJX Companies, Inc.
COM
$3.0M18.7K
0.6%
New
New position
41Toyota Motor Corporation
ADS
$2.9M14.0K
0.6%
Added
Added · +14K sh
42Chipotle Mexican Grill
COM
$2.9M89.9K
0.6%
+177%
Added · +57K sh
43Broadcom Inc
COM
$2.9M9.2K
0.6%
Added
Added · +9K sh
44Toronto Dominion Bank
COM NEW
$2.9M30.6K
0.6%
−12%
Reduced · −4K sh
45Coinbase Global Inc
COM CL A
$2.6M15.1K
0.6%
−88%
Reduced · −112K sh
46Chewy Inc
CL A
$2.6M97.1K
0.6%
+26%
Added · +20K sh
47Vistra Corp
COM
$2.6M17.2K
0.5%
+13%
Added · +2K sh
48Suncor Energy, Inc.
COM
$2.6M39.1K
0.5%
30×
Added · +38K sh
49Cigna Group (The)
COM
$2.6M9.6K
0.5%
+35%
Added · +2K sh
50Paychex Inc.
COM
$2.5M27.0K
0.5%
Added
Added · +27K sh
Showing 50 of 385 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$2.0B
Call notional (bullish)$2.3B
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$339.4M522K
CALL · bullishINVESCO QQQ TRUST SERIES 1$246.9M428K
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$213.4M328K
CALL · bullishISHARES SELECT DIVIDEND ETFIWM$79.0M415K
PUT · bearishSPDR GOLD TRUST$77.4M180K
CALL · bullishCISCO SYSTEMS, INC.$63.5M819K
CALL · bullishAMAZON.COM INC.$44.5M214K
CALL · bullishISHARES SILVER TRUSTSLV$43.6M640K
PUT · bearishISHARES GOLD TRUSTIAU$42.2M479K
CALL · bullishNVIDIA CORP$41.4M237K
PUT · bearishINVESCO QQQ TRUST SERIES 1$37.7M65K
CALL · bullishAPPLE INC$35.5M140K
PUT · bearishISHARES SILVER TRUSTSLV$35.2M517K
PUT · bearishBRISTOL-MYERS SQUIBB CO.$34.0M560K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$33.7M350K
PUT · bearishMICROSOFT CORPORATION$33.2M90K
CALL · bullishISHARES MSCI SOUTH KOREA ETFEWC$31.2M559K
PUT · bearishBERKSHIRE HATHAWAY INC.$30.5M64K
CALL · bullishGE VERNOVA INC.$27.1M31K
PUT · bearishARM HOLDINGS PLC.$26.1M173K
PUT · bearishTERADYNE, INC.$25.8M87K
PUT · bearishCISCO SYSTEMS, INC.$25.8M332K
PUT · bearishORACLE CORP.$25.5M174K
CALL · bullishTORONTO-DOMINION BANKTD$22.7M243K
PUT · bearishMICRON TECHNOLOGY INC.$22.6M67K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above. Showing the largest 25 of 840 option legs.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 14, 20261,240$4.7B13F-HR
Q4 2025Dec 31, 2025Feb 11, 20261,351$11.5B13F-HR
Q3 2025Sep 30, 2025Nov 13, 20251,413$24.0B13F-HR
Q2 2025Jun 30, 2025Jul 28, 20251,549$53.7B13F-HR
Q1 2025Mar 31, 2025May 15, 20251,515$53.1B13F-HR
Q4 2024Dec 31, 2024Feb 10, 20251,543$55.8B13F-HR
Q3 2024Sep 30, 2024Nov 13, 20241,472$51.0B13F-HR
Q2 2024Jun 30, 2024Aug 13, 20241,304$44.3B13F-HR
Q1 2024Mar 31, 2024May 9, 20241,226$45.3B13F-HR
Q4 2023Dec 31, 2023Feb 14, 20241,368$52.4B13F-HR
Q3 2023Sep 30, 2023Nov 14, 20231,199$44.5B13F-HR
Q2 2023Jun 30, 2023Aug 11, 20231,248$65.1B13F-HR
Q1 2023Mar 31, 2023May 10, 20231,280$53.9B13F-HR
Q4 2022Dec 31, 2022Feb 13, 20231,283$46.2B13F-HR
Q3 2022Sep 30, 2022Nov 10, 20221,327$52.2B13F-HR
Q2 2022Jun 30, 2022Aug 11, 20221,490$62.9B13F-HR
Q1 2022Mar 31, 2022May 11, 20221,584$62.5B13F-HR
Q4 2021Dec 31, 2021Feb 10, 20221,549$48.1B13F-HR
Q3 2021Sep 30, 2021Nov 12, 20211,534$45.4B13F-HR
Q2 2021Jun 30, 2021Aug 12, 20211,297$37.3B13F-HR
Q1 2021Mar 31, 2021May 17, 20211,318$26.8B13F-HR
Q4 2020Dec 31, 2020Feb 12, 20211,245$25.0B13F-HR
Q3 2020Sep 30, 2020Nov 13, 20201,177$24.3B13F-HR
Q2 2020Jun 30, 2020Aug 12, 20201,425$24.6B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.