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Twin Tree Management, LP
Period ended Sep 30, 2026 · Latest filing Nov 10, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Sep 30, 2026: $4,872,788,716
More quarters will appear as history becomes available.
Top holdings
Top 10 at Sep 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- STATE STR SPDR S&P 500 ETF T · TR UNIT · 78462F103 · shares · CALL: $304,670,687
- STATE STR SPDR S&P 500 ETF T · TR UNIT · 78462F103 · shares · PUT: $196,377,226
- VANECK ETF TRUST · SEMICONDUCTR ETF · 92189F676 · shares · CALL: $99,267,000
- TAIWAN SEMICONDUCTOR MANUFAC · SPONSORED ADS · 874039100 · shares · PUT: $72,625,448
- BERKSHIRE HATHAWAY INC DEL · CL B NEW · 084670702 · shares · PUT: $69,563,617
- SELECT SECTOR SPDR TR · ST STR UTIL ETF · 81369Y886 · shares · PUT: $46,239,454
- COSTCO WHOLESALE CORPORATION · COM · 22160K105 · shares · PUT: $44,060,457
- META PLATFORMS INC · CL A · 30303M102 · shares · PUT: $42,423,030
- MICROSOFT CORP · COM · 594918104 · shares · CALL: $41,903,932
- APPLE INC · COM · 037833100 · shares · CALL: $41,694,103
Filing totals differ
The filing summary reports $4,872,788,716, while the holdings entries total $4,872,788,708.
Reported holdings
1,320 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | CALL | 399,500 shares | $304,670,687 |
| STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | PUT | 257,500 shares | $196,377,226 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | CALL | 163,000 shares | $99,267,000 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | PUT | 159,200 shares | $72,625,448 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | PUT | 139,700 shares | $69,563,617 |
| SELECT SECTOR SPDR TR | ST STR UTIL ETF | 81369Y886 | PUT | 1,172,400 shares | $46,239,454 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 | PUT | 48,400 shares | $44,060,457 |
| META PLATFORMS INC | CL A | 30303M102 | PUT | 58,500 shares | $42,423,030 |
| MICROSOFT CORP | COM | 594918104 | CALL | 81,700 shares | $41,903,932 |
| APPLE INC | COM | 037833100 | CALL | 125,200 shares | $41,694,103 |
| AT&T INC | COM | 00206R102 | CALL | 1,690,000 shares | $41,235,999 |
| SELECT SECTOR SPDR TR | ST STR CARE ETF | 81369Y209 | PUT | 232,300 shares | $39,123,966 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | PUT | 170,600 shares | $37,520,057 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | PUT | 92,600 shares | $35,265,784 |
| CISCO SYS INC | COM | 17275R102 | CALL | 310,100 shares | $33,376,062 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 | PUT | 108,600 shares | $31,457,076 |
| ALPHABET INC | CAP STK CL A | 02079K305 | PUT | 87,000 shares | $29,934,959 |
| PFIZER INC | COM | 717081103 | PUT | 1,023,600 shares | $29,193,072 |
| NEWMONT CORP | COM | 651639106 | PUT | 243,600 shares | $28,096,823 |
| NETFLIX INC. | COM | 64110L106 | PUT | 401,800 shares | $27,957,245 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | PUT | 512,800 shares | $27,952,727 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 | CALL | 46,600 shares | $26,498,625 |
| WELLS FARGO & CO | COM | 949746101 | CALL | 328,000 shares | $26,256,401 |
| NOVO-NORDISK A S | ADR | 670100205 | PUT | 690,200 shares | $26,165,482 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 | CALL | 339,800 shares | $25,763,636 |
| MICRON TECHNOLOGY INC | COM | 595112103 | PUT | 23,400 shares | $24,923,574 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | PUT | 294,200 shares | $22,977,020 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | PUT | 160,100 shares | $22,825,458 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | CALL | 14,400 shares | $21,757,679 |
| BROADCOM INC | COM | 11135F101 | PUT | 61,000 shares | $21,422,590 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | PUT | 78,600 shares | $20,766,905 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | CALL | 27,500 shares | $20,343,676 |
| AMGEN INC | COM | 031162100 | CALL | 48,200 shares | $20,316,782 |
| WP CAREY INC | COM | 92936U109 | CALL | 311,500 shares | $20,132,244 |
| GE VERNOVA INC | COM | 36828A101 | PUT | 19,500 shares | $18,534,555 |
| MARKEL GROUP INC | COM | 570535104 | CALL | 10,800 shares | $18,494,459 |
| CONOCOPHILLIPS | COM | 20825C104 | PUT | 147,600 shares | $18,472,140 |
| EMERSON ELEC CO | COM | 291011104 | PUT | 117,000 shares | $18,146,701 |
| ALTRIA GROUP INC | COM | 02209S103 | PUT | 265,000 shares | $17,845,099 |
| TESLA INC | COM | 88160R101 | PUT | 49,600 shares | $17,598,576 |
| CORNING INC | COM | 219350105 | PUT | 110,900 shares | $17,051,983 |
| ROSS STORES INC | COM | 778296103 | PUT | 72,100 shares | $16,828,140 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | CALL | 43,900 shares | $16,718,876 |
| RAYMOND JAMES FINL INC | COM | 754730109 | CALL | 103,800 shares | $16,402,476 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | PUT | 85,700 shares | $16,030,185 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | CALL | 133,600 shares | $15,702,008 |
| WABTEC | COM | 929740108 | CALL | 54,100 shares | $15,536,438 |
| AMAZON COM INC | COM | 023135106 | PUT | 61,900 shares | $15,422,385 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | CALL | 282,400 shares | $15,393,624 |
| WELLTOWER INC | COM | 95040Q104 | CALL | 66,000 shares | $15,195,840 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 | CALL | 83,000 shares | $15,170,740 |
| YUM BRANDS INC | COM | 988498101 | CALL | 111,000 shares | $15,133,740 |
| NVIDIA CORPORATION | COM | 67066G104 | CALL | 64,200 shares | $14,661,996 |
| APPLE INC | COM | 037833100 | PUT | 44,000 shares | $14,652,880 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | PUT | 26,700 shares | $14,363,265 |
| SELECT SECTOR SPDR TR | ST STR UTIL ETF | 81369Y886 | CALL | 363,900 shares | $14,352,216 |
| SALESFORCE INC | COM | 79466L302 | PUT | 62,300 shares | $14,302,211 |
| ASTERA LABS INC | COM | 04626A103 | PUT | 39,000 shares | $13,882,830 |
| SELECT SECTOR SPDR TR | ST STR UTIL ETF | 81369Y886 | — | 344,659 shares | $13,593,350 |
| INTEL CORP | COM | 458140100 | PUT | 113,000 shares | $13,585,990 |
| META PLATFORMS INC | CL A | 30303M102 | CALL | 18,300 shares | $13,270,794 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | PUT | 21,400 shares | $13,091,664 |
| AT&T INC | COM | 00206R102 | PUT | 533,000 shares | $13,005,200 |
| AMAZON COM INC | COM | 023135106 | CALL | 51,800 shares | $12,905,970 |
| OCCIDENTAL PETE CORP | COM | 674599105 | PUT | 233,000 shares | $12,889,560 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | CALL | 204,600 shares | $12,767,040 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 | PUT | 22,000 shares | $12,510,080 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | PUT | 140,800 shares | $12,362,240 |
| SANDISK CORP | COM | 80004C200 | PUT | 7,100 shares | $12,353,219 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | CALL | 86,400 shares | $12,318,049 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 | PUT | 24,200 shares | $12,306,910 |
| GARMIN LTD | SHS | H2906T109 | CALL | 41,800 shares | $11,989,912 |
| ASTRAZENECA PLC | ORD | G0593M107 | PUT | 73,700 shares | $11,900,339 |
| APPLIED MATLS INC | COM | 038222105 | PUT | 22,600 shares | $11,557,188 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 | PUT | 6,300 shares | $11,413,521 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 | PUT | 99,700 shares | $11,360,815 |
| EVERPURE INC | CL A | 74624M102 | PUT | 86,000 shares | $11,247,080 |
| SELECT SECTOR SPDR TR | ST STR STAPL ETF | 81369Y308 | PUT | 139,200 shares | $11,219,520 |
| CORPAY INC | COM SHS | 219948106 | CALL | 28,600 shares | $11,113,960 |
| SPDR SERIES TRUST | ST STR SP METAL | 78464A755 | PUT | 106,600 shares | $11,039,496 |
| TEXAS ROADHOUSE INC | COM | 882681109 | CALL | 68,700 shares | $10,740,558 |
| NVIDIA CORPORATION | COM | 67066G104 | PUT | 45,900 shares | $10,482,642 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | CALL | 23,400 shares | $10,435,698 |
| STRATEGY INC | CL A NEW | 594972408 | PUT | 67,400 shares | $10,318,266 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | CALL | 222,600 shares | $10,210,662 |
| T-MOBILE US INC | COM | 872590104 | CALL | 62,500 shares | $10,192,500 |
| M & T BK CORP | COM | 55261F104 | CALL | 46,300 shares | $10,074,880 |
| CENCORA INC | COM | 03073E105 | CALL | 33,500 shares | $10,058,375 |
| AIRBNB INC | COM CL A | 009066101 | CALL | 62,400 shares | $10,024,560 |
| SHERWIN WILLIAMS CO | COM | 824348106 | CALL | 30,900 shares | $9,989,043 |
| CISCO SYS INC | COM | 17275R102 | PUT | 92,700 shares | $9,977,301 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | — | 20,004 shares | $9,960,992 |
| VULCAN MATLS CO | COM | 929160109 | CALL | 40,100 shares | $9,809,663 |
| DAVITA INC | COM | 23918K108 | CALL | 55,900 shares | $9,778,028 |
| MARKEL GROUP INC | COM | 570535104 | PUT | 5,700 shares | $9,760,965 |
| SOLVENTUM CORP | COM SHS | 83444M101 | CALL | 110,000 shares | $9,696,500 |
| REPUBLIC SVCS INC | COM | 760759100 | PUT | 46,200 shares | $9,695,994 |
| BOEING CO | COM | 097023105 | PUT | 51,500 shares | $9,581,575 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 | CALL | 269,600 shares | $9,570,800 |
| NIKE INC | CL B | 654106103 | PUT | 268,800 shares | $9,515,520 |