TWO SIGMA INVESTMENTS, LP Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$70.9B

Holdings

3,534

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (3,534 positions)

#StockSharesValue% PortfolioType
201
ODFLOLD DOMINION FREIGHT LINE IN
591,653$92.0B129.77%
202
STXSEAGATE TECHNOLOGY HLDNGS PL
336,618$91.0B128.36%Put
203
MGKVANGUARD WORLD FD
221,120$91.0B128.36%
204
TERTERADYNE INC
471,924$90.0B126.94%Put
205
VEEVVEEVA SYS INC
403,472$90.0B126.94%
206
ECLECOLAB INC
340,458$89.0B125.53%
207
RUNSUNRUN INC
4,910,465$89.0B125.53%Put
208
STWDSTARWOOD PPTY TR INC
4,936,718$88.0B124.12%Put
209
CHWYCHEWY INC
2,712,262$88.0B124.12%Put
210
DOWDOW INC
3,844,723$88.0B124.12%Put
21185,931,000$88.0B124.12%
212
VGTVANGUARD WORLD FD
117,120$88.0B124.12%
213
PLPLANET LABS PBC
4,496,720$88.0B124.12%
214
CHDCHURCH & DWIGHT CO INC
1,043,300$87.0B122.71%
215
VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP
61,997,000$87.0B122.71%
216
CARRCARRIER GLOBAL CORPORATION
1,636,399$85.0B119.89%Put
217
BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD
55,100,000$85.0B119.89%
218
VKTXVIKING THERAPEUTICS INC
2,435,737$85.0B119.89%
219
CBOECBOE GLOBAL MKTS INC
343,654$85.0B119.89%Call
220
EHCENCOMPASS HEALTH CORP
804,946$85.0B119.89%
221
CPRTCOPART INC
2,151,591$84.0B118.48%
222
RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC
75,552,000$84.0B118.48%
223
FNVFRANCO NEV CORP
406,597$84.0B118.48%
224
GWREGUIDEWIRE SOFTWARE INC
418,009$84.0B118.48%
225
PINSPINTEREST INC
3,250,789$83.0B117.07%Put
226
WELLWELLTOWER INC
449,129$83.0B117.07%
227
MORNMORNINGSTAR INC
382,454$83.0B117.07%
228
HUBSHUBSPOT INC
204,936$82.0B115.66%
229
DISDISNEY WALT CO
736,490$82.0B115.66%Put
230
ALLYALLY FINL INC
1,811,076$82.0B115.66%
231
TOLTOLL BROTHERS INC
611,083$82.0B115.66%
232
FDNFIRST TR EXCHANGE-TRADED FD
305,460$82.0B115.66%
233
OHIOMEGA HEALTHCARE INVS INC
1,864,803$82.0B115.66%Call
234
QUALISHARES TR
408,800$81.0B114.25%
235
BKHBLACK HILLS CORP
1,176,944$81.0B114.25%
236
CFCF INDS HLDGS INC
1,024,806$79.0B111.43%
237
DTMDT MIDSTREAM INC
667,367$79.0B111.43%
238
NCLHNORWEGIAN CRUISE LINE HLDG L
3,563,979$78.0B110.02%Put
239
SMCISUPER MICRO COMPUTER INC
2,723,344$78.0B110.02%Put
240
CLCOLGATE PALMOLIVE CO
997,533$78.0B110.02%
241
EQXEQUINOX GOLD CORP
5,546,749$77.0B108.61%Put
242
MFCMANULIFE FINL CORP
2,147,715$77.0B108.61%
243
ITGARTNER INC
305,694$77.0B108.61%
244
FIVEFIVE BELOW INC
404,128$76.0B107.20%
245
KRKROGER CO
1,221,116$76.0B107.20%
246
CDWCDW CORP
551,341$75.0B105.79%
247
IWYISHARES TR
269,240$74.0B104.38%
248
CNRCANADIAN NATL RY CO
750,930$74.0B104.38%
249
TYLTYLER TECHNOLOGIES INC
161,247$73.0B102.97%
250
GSGOLDMAN SACHS GROUP INC
85,728$73.0B102.97%Put
251
AITAPPLIED INDL TECHNOLOGIES IN
286,767$73.0B102.97%
252
BBDBANCO BRADESCO S A
22,164,076$73.0B102.97%
253
RHRH
409,227$72.0B101.56%Put
254
VONGVANGUARD SCOTTSDALE FDS
594,100$72.0B101.56%
255
KVYOKLAVIYO INC
2,224,011$72.0B101.56%
256
DC4DEXCOM INC
1,082,913$71.0B100.15%
257
LYFTLYFT INC
3,719,731$71.0B100.15%Put
258
POSTPOST HLDGS INC
725,987$71.0B100.15%
259
EOSEEOS ENERGY ENTERPRISES INC
6,250,693$71.0B100.15%Put
260
MNSTMONSTER BEVERAGE CORP NEW
924,921$70.0B98.73%
261
UUNITY SOFTWARE INC
1,585,110$70.0B98.73%
262
AMRZAMRIZE LTD
1,308,355$70.0B98.73%
263
FDSFACTSET RESH SYS INC
240,278$69.0B97.32%
264
BWXTBWX TECHNOLOGIES INC
402,171$69.0B97.32%
265
RIVN 4.625 03/15/29RIVIAN AUTOMOTIVE INC
55,510,000$69.0B97.32%
266
AFLAFLAC INC
629,183$69.0B97.32%Put
267
BFAMBRIGHT HORIZONS FAM SOL IN D
686,745$69.0B97.32%
268
ASMLASML HOLDING N V
65,522$69.0B97.32%Put
269
PATHUIPATH INC
4,194,675$68.0B95.91%
270
NTAPNETAPP INC
638,448$68.0B95.91%
271
RFREGIONS FINANCIAL CORP NEW
2,532,508$68.0B95.91%
272
SMTCSEMTECH CORP
945,354$68.0B95.91%Put
273
IDAIDACORP INC
534,037$67.0B94.50%
274
RBCRBC BEARINGS INC
150,119$67.0B94.50%
275
LIESUN LIFE FINANCIAL INC.
1,059,581$66.0B93.09%
276
EFXEQUIFAX INC
304,301$66.0B93.09%
277
DYNFBLACKROCK ETF TRUST
1,096,800$66.0B93.09%
278
IVEISHARES TR
312,700$66.0B93.09%
279
ZIONZIONS BANCORPORATION N A
1,134,688$65.0B91.68%Put
280
CLFCLEVELAND-CLIFFS INC NEW
5,067,274$65.0B91.68%Put
281
GFSGLOBALFOUNDRIES INC
1,844,267$64.0B90.27%
282
ALKALASKA AIR GROUP INC
1,289,546$64.0B90.27%
283
EXLSEXLSERVICE HOLDINGS INC
1,528,749$64.0B90.27%
284
STWD 6.75 07/15/27STARWOOD PPTY TR INC
62,725,000$64.0B90.27%
285
TWTRADEWEB MKTS INC
597,825$64.0B90.27%
286
DTDYNATRACE INC
1,487,128$64.0B90.27%
287
MCHPMICROCHIP TECHNOLOGY INC.
1,016,469$64.0B90.27%
288
GGGGRACO INC
777,321$63.0B88.86%
289
7HPHP INC
2,891,461$63.0B88.86%Put
290
COPCONOCOPHILLIPS
688,840$63.0B88.86%Put
291
DOXAMDOCS LTD
767,028$61.0B86.04%
292
TLTISHARES TR
711,871$61.0B86.04%Put
293
LTMLATAM AIRLINES GROUP SA
1,146,605$61.0B86.04%
294
WDCWESTERN DIGITAL CORP
360,757$61.0B86.04%Put
295
NTRANATERA INC
268,240$61.0B86.04%Put
296
OSCROSCAR HEALTH INC
4,202,237$60.0B84.63%
297
VRSNVERISIGN INC
249,882$60.0B84.63%
298
FLNCFLUENCE ENERGY INC
3,035,037$60.0B84.63%
299
ARCCARES CAPITAL CORP
2,967,739$60.0B84.63%
300
NGDNEW GOLD INC CDA
6,860,719$59.0B83.22%
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