Twin Tree Management, LP
CIK:0001535588
Hedge Fund
$7B AUM
1,549 holdings
Dallas, TX, USA
Twin Tree Management, LP is a Dallas, Texas-based hedge fund founded in 2011. The firm manages over $7.4 billion in assets (as of March 31, 2025) and employs 14 people, with 71% investment professionals. Twin Tree primarily serves pooled investment vehicles and focuses on institutional clients and sophisticated investors.
Investment Strategy
Twin Tree Management, LP pursues systematic and quantitative investment strategies, managing multi-strategy hedge funds. The firm primarily engages in arbitrage, relative value trading, and quantitative strategies across liquid global markets, focusing on efficiently managing risk and maximizing risk-adjusted returns through advanced data and technology.
Top Buys
I
IGVISHARES TR+$95.4M
X
XLKSELECT SECTOR SPDR TR+$77.7M
V
VOOVANGUARD INDEX FDS+$73.4M
S
SMHVANECK ETF TRUST+$61.2M
A
APHAMPHENOL CORP NEW+$52.0M
Top Sells
G
GOOGLALPHABET INC-$129.3M
A
AVGOBROADCOM INC-$74.9M
O
ORCLORACLE CORP-$72.8M
A
AMZNAMAZON COM INC-$63.5M
I
IWMISHARES TR-$63.2M
Top Holdings
I
IGVISHARES TR+0.2%$99.6M
S
SMHVANECK ETF TRUST+0.1%$79.8M
X
XLKSELECT SECTOR SPDR TR+0.1%$77.7M
V
VOOVANGUARD INDEX FDS+0.1%$73.4M
P
PWRQUANTA SVCS INC+0.1%$68.5M
Equity Positions (430)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IGV | ISHARES TR | 0.19% | $99.6M | 909,662 | $108.44 | $109.50 | +$95.4M |
S SMH | VANECK ETF TRUST | 0.15% | $79.8M | 286,282 | $262.98 | $278.88 | +$61.2M |
X XLK | SELECT SECTOR SPDR TR | 0.14% | $77.7M | 306,934 | $253.23 | $253.23 | +$77.7M |
V VOO | VANGUARD INDEX FDS | 0.14% | $73.4M | 129,245 | $568.03 | $568.03 | +$73.4M |
P PWR | QUANTA SVCS INC | 0.13% | $68.5M | 181,177 | $326.46 | $378.08 | +$49.5M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Sold | Call | $7.35B | 118,887 | $617.85 | $554.34 | -90,885 | -$4.39B |
S SPY | SPDR S&P 500 ETF TR | Sold | Put | $3.25B | 52,646 | $617.85 | $554.56 | -8,115 | -$146.2M |
G GLD | SPDR GOLD TR | Sold | Put | $1.56B | 51,224 | $304.83 | $207.82 | -25,172 | -$639.8M |
Q QQQ | INVESCO QQQ TR | Bought | Put | $866.3M | 15,704 | $551.64 | $510.94 | +6,670 | +$442.7M |
V VOO | VANGUARD INDEX FDS | New | Put | $630.7M | 11,103 | $568.03 | $568.03 | +11,103 | +$630.7M |
Industry Allocation
SERVICES-PREPACKAGED SOFTWARE
+8.5%
SEMICONDUCTORS & RELATED DEVICES
+5.3%
COMMODITY CONTRACTS BROKERS & DEALERS
+4.6%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+2.1%
ELECTRONIC COMPUTERS
+1.9%