Twin Tree Management, LP Q4 2025 Filing
Filed February 11, 2026
Portfolio Value
$11.5B
Holdings
716
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (716 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 401 | AWMSKYWORKS SOLUTIONS INC | 76,000 | $4.8B | 42.04% | Put |
| 402 | TTANSERVICETITAN INC | 45,100 | $4.8B | 41.91% | Call |
| 403 | KEYKEYCORP | 231,400 | $4.8B | 41.66% | Put |
| 404 | DINOHF SINCLAIR CORP | 103,600 | $4.8B | 41.64% | Put |
| 405 | CLFCLEVELAND-CLIFFS INC NEW | 358,929 | $4.8B | 41.57% | Put |
| 406 | WEAWESTERN ALLIANCE BANCORP | 55,300 | $4.6B | 40.56% | Call |
| 407 | CFLTCONFLUENT INC | 152,800 | $4.6B | 40.31% | Put |
| 408 | EATBRINKER INTL INC | 31,800 | $4.6B | 39.81% | Call |
| 409 | GAPGAP INC | 177,100 | $4.5B | 39.55% | Put |
| 410 | PNCPNC FINL SVCS GROUP INC | 21,700 | $4.5B | 39.51% | Call |
| 411 | CDNSCADENCE DESIGN SYSTEM INC | 14,469 | $4.5B | 39.45% | Put |
| 412 | GFSGLOBALFOUNDRIES INC | 129,102 | $4.5B | 39.31% | Put |
| 413 | WPMWHEATON PRECIOUS METALS CORP | 38,300 | $4.5B | 39.26% | Put |
| 414 | TTMITTM TECHNOLOGIES INC | 65,208 | $4.5B | 39.24% | Put |
| 415 | CZRCAESARS ENTERTAINMENT INC NE | 191,525 | $4.5B | 39.07% | Put |
| 416 | WWAYFAIR INC | 44,500 | $4.5B | 38.97% | Put |
| 417 | KTOSKRATOS DEFENSE & SEC SOLUTIO | 58,415 | $4.4B | 38.68% | Put |
| 418 | EQTEQT CORP | 82,534 | $4.4B | 38.58% | Put |
| 419 | GDGENERAL DYNAMICS CORP | 13,100 | $4.4B | 38.48% | Call |
| 420 | NETCLOUDFLARE INC | 22,000 | $4.3B | 37.84% | Call |
| 421 | MTARCELORMITTAL SA LUXEMBOURG | 94,851 | $4.3B | 37.70% | Put |
| 422 | STLDSTEEL DYNAMICS INC | 25,400 | $4.3B | 37.55% | Put |
| 423 | ABTABBOTT LABS | 34,300 | $4.3B | 37.49% | Put |
| 424 | ULTAULTA BEAUTY INC | 7,100 | $4.3B | 37.47% | Put |
| 425 | DUOLDUOLINGO INC | 24,414 | $4.3B | 37.38% | Put |
| 426 | CPNGCOUPANG INC | 180,612 | $4.3B | 37.17% | Call |
| 427 | AWCAMERICAN WTR WKS CO INC NEW | 32,575 | $4.3B | 37.08% | Call |
| 428 | TXRHTEXAS ROADHOUSE INC | 25,600 | $4.2B | 37.07% | Put |
| 429 | WSTWEST PHARMACEUTICAL SVSC INC | 15,000 | $4.1B | 36.00% | Put |
| 430 | SLMSLM CORP | 151,900 | $4.1B | 35.86% | Put |
| 431 | BXPBXP INC | 60,700 | $4.1B | 35.74% | Call |
| 432 | GSKGSK PLC | 83,300 | $4.1B | 35.64% | Call |
| 433 | WBSWEBSTER FINL CORP | 64,600 | $4.1B | 35.47% | Put |
| 434 | DOCHEALTHPEAK PROPERTIES INC | 251,838 | $4.0B | 35.32% | Call |
| 435 | UTHUNITED THERAPEUTICS CORP DEL | 8,300 | $4.0B | 35.27% | Put |
| 436 | ESTCELASTIC N V | 52,674 | $4.0B | 34.66% | Put |
| 437 | DSGDESCARTES SYS GROUP INC | 45,200 | $4.0B | 34.57% | Call |
| 438 | CNRCANADIAN NATL RY CO | 39,697 | $3.9B | 34.23% | Call |
| 439 | AVTRAVANTOR INC | 339,741 | $3.9B | 33.96% | Put |
| 440 | HRLHORMEL FOODS CORP | 160,185 | $3.8B | 33.11% | Call |
| 441 | STWDSTARWOOD PPTY TR INC | 210,000 | $3.8B | 33.00% | Call |
| 442 | IESCIES HLDGS INC | 9,700 | $3.8B | 32.92% | Put |
| 443 | DARDARLING INGREDIENTS INC | 103,814 | $3.7B | 32.60% | Put |
| 444 | BMRNBIOMARIN PHARMACEUTICAL INC | 62,700 | $3.7B | 32.50% | Put |
| 445 | WINGWINGSTOP INC | 15,600 | $3.7B | 32.46% | Put |
| 446 | UGIUGI CORP NEW | 99,100 | $3.7B | 32.36% | Call |
| 447 | OKLOOKLO INC | 51,652 | $3.7B | 32.33% | Put |
| 448 | CPRTCOPART INC | 94,476 | $3.7B | 32.26% | Call |
| 449 | AMANTERO MIDSTREAM CORP | 207,600 | $3.7B | 32.22% | Call |
| 450 | DVNDEVON ENERGY CORP NEW | 99,400 | $3.6B | 31.77% | Call |
| 451 | NBIXNEUROCRINE BIOSCIENCES INC | 25,141 | $3.6B | 31.10% | Put |
| 452 | GHGUARDANT HEALTH INC | 34,800 | $3.6B | 31.01% | Put |
| 453 | WTRGESSENTIAL UTILS INC | 92,300 | $3.5B | 30.89% | Call |
| 454 | APAAPA CORPORATION | 144,200 | $3.5B | 30.77% | Call |
| 455 | CMGCHIPOTLE MEXICAN GRILL INC | 94,623 | $3.5B | 30.53% | Put |
| 456 | ELANELANCO ANIMAL HEALTH INC | 153,900 | $3.5B | 30.38% | Put |
| 457 | ETSYETSY INC | 62,635 | $3.5B | 30.28% | Put |
| 458 | MARAMARA HOLDINGS INC | 374,995 | $3.4B | 29.38% | Put |
| 459 | UPSTUPSTART HLDGS INC | 77,017 | $3.4B | 29.38% | Put |
| 460 | CELHCELSIUS HLDGS INC | 73,343 | $3.4B | 29.26% | Put |
| 461 | HIIHUNTINGTON INGALLS INDS INC | 9,800 | $3.3B | 29.07% | Put |
| 462 | HIGHARTFORD INSURANCE GROUP INC | 24,100 | $3.3B | 28.97% | Call |
| 463 | BRKRBRUKER CORP | 70,154 | $3.3B | 28.83% | Put |
| 464 | UEOWESTLAKE CORPORATION | 44,500 | $3.3B | 28.70% | Put |
| 465 | WPCWP CAREY INC | 50,900 | $3.3B | 28.57% | Call |
| 466 | APOAPOLLO GLOBAL MGMT INC | 22,012 | $3.2B | 27.80% | Put |
| 467 | GPCGENUINE PARTS CO | 25,600 | $3.1B | 27.46% | Call |
| 468 | BAHBOOZ ALLEN HAMILTON HLDG COR | 36,800 | $3.1B | 27.08% | Call |
| 469 | OBDCBLUE OWL CAPITAL CORPORATION | 245,775 | $3.1B | 26.65% | Call |
| 470 | EXREXTRA SPACE STORAGE INC | 23,300 | $3.0B | 26.47% | Call |
| 471 | COSTCOSTCO WHSL CORP NEW | 3,500 | $3.0B | 26.33% | Call |
| 472 | KRKROGER CO | 47,800 | $3.0B | 26.05% | Call |
| 473 | CVLTCOMMVAULT SYS INC | 23,700 | $3.0B | 25.92% | Call |
| 474 | RRCRANGE RES CORP | 84,152 | $3.0B | 25.89% | Put |
| 475 | CARTMAPLEBEAR INC | 65,600 | $3.0B | 25.74% | Call |
| 476 | CNMCORE & MAIN INC | 56,700 | $2.9B | 25.70% | Call |
| 477 | LTHLIFE TIME GROUP HOLDINGS INC | 110,400 | $2.9B | 25.59% | Put |
| 478 | REEVEREST GROUP LTD | 8,600 | $2.9B | 25.46% | Call |
| 479 | HSICHENRY SCHEIN INC | 38,500 | $2.9B | 25.38% | Put |
| 480 | MRKMERCK & CO INC | 27,638 | $2.9B | 25.37% | Call |
| 481 | MCKMCKESSON CORP | 3,500 | $2.9B | 25.04% | Put |
| 482 | MOSMOSAIC CO NEW | 118,232 | $2.8B | 24.84% | Put |
| 483 | WTWWILLIS TOWERS WATSON PLC LTD | 8,600 | $2.8B | 24.65% | Put |
| 484 | SUSUNCOR ENERGY INC NEW | 63,692 | $2.8B | 24.65% | Put |
| 485 | MNDYMONDAY COM LTD | 19,129 | $2.8B | 24.61% | Put |
| 486 | OLLIOLLIES BARGAIN OUTLET HLDGS | 25,700 | $2.8B | 24.57% | Call |
| 487 | MMM3M CO | 17,360 | $2.8B | 24.24% | Call |
| 488 | IONQIONQ INC | 60,902 | $2.7B | 23.84% | Put |
| 489 | GKDGRAND CANYON ED INC | 16,400 | $2.7B | 23.79% | Call |
| 490 | ADMARCHER DANIELS MIDLAND CO | 46,800 | $2.7B | 23.47% | Put |
| 491 | XBISPDR SERIES TRUST | 22,017 | $2.7B | 23.42% | Put |
| 492 | TECHBIO-TECHNE CORP | 45,450 | $2.7B | 23.31% | Put |
| 493 | RBLXROBLOX CORP | 32,700 | $2.6B | 23.11% | Put |
| 494 | CASYCASEYS GEN STORES INC | 4,754 | $2.6B | 22.91% | Put |
| 495 | CLHCLEAN HARBORS INC | 11,100 | $2.6B | 22.70% | Put |
| 496 | GPIGROUP 1 AUTOMOTIVE INC | 6,560 | $2.6B | 22.49% | Put |
| 497 | ISIIONIS PHARMACEUTICALS INC | 32,476 | $2.6B | 22.41% | |
| 498 | CBOECBOE GLOBAL MKTS INC | 10,200 | $2.6B | 22.34% | Put |
| 499 | TROWPRICE T ROWE GROUP INC | 24,900 | $2.5B | 22.24% | Call |
| 500 | RGLDROYAL GOLD INC | 11,400 | $2.5B | 22.10% | Put |