Twin Tree Management is based out of Dallas. Twin Tree Management is a hedge fund with 3 clients and discretionary assets under management (AUM) of $5,773,131,701 (Form ADV from 2023-03-30). Their last reported 13F filing for Q4 2023 included $52,358,265,551 in managed 13F securities
and a top 10 holdings concentration of 25.52%. Twin Tree Management's largest holding is SPDR S&P 500 ETF TRUST with shares held of 11,317,700. Whalewisdom has at least 59 13F filings
2023-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| GLD SSgA SPDR Gold Share (PUT) | 1.99% |
| QQQ Invesco QQQ Trust, S (CALL) | 1.31% |
| AVGO Broadcom Ltd. (Avago (PUT) | 1.01% |
| GM General Motors Co (PUT) | 0.63% |
| CL Colgate-Palmolive Co (CALL) | 0.62% |
2023-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU (CALL) | 7.51% |
| SPY SPDR S&P 500 ETF TRU (PUT) | 4.87% |
| GOOGL Alphabet Inc. Class (PUT) | 0.52% |
| ADBE Adobe Systems, Inc. (PUT) | 0.48% |
| XOM ExxonMobil Corp. (St (CALL) | 0.48% |
2023-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU | 10.27% |
| GLD SSgA SPDR Gold Share | 5.74% |
| SPY SPDR S&P 500 ETF TRU | 1.52% |
| QQQ Invesco QQQ Trust, S | 1.37% |
| IWM iShares Russell 2000 | 1.33% |
2023-12-31
13F Activity
| Market Value | $52.4b, Prior: $44.5b |
| New Purchases | 476 stocks |
| Added To | 466 stocks |
| Sold out of | 308 stocks |
| Reduced holdings in | 376 stocks |
| Top 10 Holdings % | 25.52% |
| Turnover %[1] | 57.73% |
| Turnover Alt %[2] | 31.75% |
| Time Held Top 20 | 5.3 quarters |
| Time Held Top 10 | 8 quarters |
| Time Held All | 6.31 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31