Fund HoldingsTwin Tree Management, LP

Total Portfolio Value
$11.46B
Total Bought
$2.59B
Total Sold
$15.03B
Net Transaction
-$12.44B
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
UNITED PARCEL SERVICE INC(UPS)(Call)0815,600+815,600080,899+80,899
JPMORGAN CHASE & CO.(JPM)(Put)0202,200+202,200065,153+65,153
AMPHENOL CORP(Put)0372,200+372,200050,299+50,299
TERADYNE INC(TER)(Put)0267,200+267,200051,719+51,719
ISHARES TR(Put)0158,100+158,100038,918+38,918
PFIZER INC(PFE)(Put)01,384,100+1,384,100034,464+34,464
THERMO FISHER SCIENTIFIC INC(TMO)(Put)088,300+88,300051,165+51,165
KLA CORP(KLAC)(Call)022,000+22,000026,732+26,732
SPDR DOW JONES INDL AVERAGE(DIA)(Call)055,600+55,600026,720+26,720
CORNING INC(GLW)(Put)275,100548,200+273,10022,56648,000+25,434
SELECT SECTOR SPDR TR(Call)
ST STR FINL ETF
0457,600+457,600025,063+25,063
CONSTELLATION ENERGY CORP(CEG)(Call)068,500+68,500024,199+24,199
INTUITIVE SURGICAL INC(Put)043,500+43,500024,637+24,637
TORONTO DOMINION BK ONT(TD)(Call)0234,600+234,600022,099+22,099
AT&T INC(T)(Call)629,5001,586,400+956,90017,77739,406+21,629
GE VERNOVA INC(GEV)(Put)058,700+58,700038,365+38,365
REALTY INCOME CORP(O)(Call)01,013,600+1,013,600057,137+57,137
WALMART INC(WMT)(Call)0249,700+249,700027,819+27,819
BERKSHIRE HATHAWAY INC DEL(Put)078,400+78,400039,408+39,408
SELECT SECTOR SPDR TR(Call)
ST STR CARE ETF
0129,000+129,000019,969+19,969
INVESCO QQQ TR(Call)032,500+32,500019,965+19,965
CISCO SYS INC(CSCO)(Call)0828,000+828,000063,781+63,781
BRISTOL-MYERS SQUIBB CO(BMY)0356,621+356,621019,2360.17%+19,236
NXP SEMICONDUCTORS N V(Call)
COM
0110,200+110,200023,920+23,920
SELECT SECTOR SPDR TR(Put)
ST STR INDL ETF
0117,600+117,600018,242+18,242
JOHNSON & JOHNSON(JNJ)087,808+87,808018,1720.16%+18,172
SERVICENOW INC(NOW)(Put)0198,500+198,500030,408+30,408
LAM RESEARCH CORP(LRCX)(Put)0297,600+297,600050,943+50,943
THE CIGNA GROUP(CI)(Call)058,900+58,900016,211+16,211
ALPHABET INC(GOOG)(Call)0272,700+272,700085,355+85,355
LOCKHEED MARTIN CORP(LMT)(Put)045,600+45,600022,055+22,055
GOLDMAN SACHS GROUP INC(GS)(Put)028,700+28,700025,227+25,227
ABBVIE INC(ABBV)(Put)062,300+62,300014,235+14,235
PROGRESSIVE CORP(PGR)(Put)077,600+77,600017,671+17,671
ELEVANCE HEALTH INC FORMERLY(ELV)(Put)071,500+71,500025,064+25,064
SELECT SECTOR SPDR TR(Call)
ST STR STAPL ETF
0175,200+175,200013,610+13,610
ROBINHOOD MKTS INC(HOOD)(Call)0133,900+133,900015,144+15,144
ACCENTURE PLC IRELAND
SHS CLASS A
049,629+49,629013,3150.12%+13,315
BRISTOL-MYERS SQUIBB CO(BMY)(Put)0243,100+243,100013,113+13,113
JPMORGAN CHASE & CO.(JPM)(Call)204,800241,000+36,20064,60077,655+13,055
HUMANA INC(HUM)(Put)065,500+65,500016,777+16,777
TERADYNE INC(TER)0148,774+148,774028,7970.25%+28,797
ACCENTURE PLC IRELAND(Put)
SHS CLASS A
060,200+60,200016,152+16,152
SELECT SECTOR SPDR TR(Call)
ST STR TECHN ETF
085,600+85,600012,324+12,324
COMFORT SYS USA INC(FIX)(Call)014,700+14,700013,719+13,719
THERMO FISHER SCIENTIFIC INC(TMO)(Call)034,000+34,000019,701+19,701
AIRBNB INC(Call)0128,500+128,500017,440+17,440
SELECT SECTOR SPDR TR(Put)
ST STR DISCR ETF
097,800+97,800011,678+11,678
PHILIP MORRIS INTL INC(PM)(Call)83,400156,400+73,00013,52725,087+11,559
CAMECO CORP(CCJ)(Put)0234,600+234,600021,464+21,464
DANAHER CORPORATION(DHR)(Call)050,700+50,700011,606+11,606
CONSTELLATION ENERGY CORP(CEG)(Put)068,100+68,100024,058+24,058
BANK AMERICA CORP(Call)0206,000+206,000011,330+11,330
CITIGROUP INC(C)(Call)0127,800+127,800014,913+14,913
INTUITIVE SURGICAL INC(Call)048,300+48,300027,355+27,355
BLACKSTONE INC(BX)(Call)0284,800+284,800043,899+43,899
CAPITAL ONE FINL CORP(COF)(Put)044,300+44,300010,737+10,737
AFFILIATED MANAGERS GROUP IN(Call)036,900+36,900010,638+10,638
DOORDASH INC(DASH)(Put)056,600+56,600012,819+12,819
ROYAL CARIBBEAN GROUP(Call)
COM
050,700+50,700014,141+14,141
BARCLAYS PLC(Put)0401,800+401,800010,226+10,226
ATLASSIAN CORPORATION(Put)0255,400+255,400041,411+41,411
BUNGE GLOBAL SA(BG)(Put)0157,600+157,600014,039+14,039
ALCOA CORP(AA)(Put)0386,100+386,100020,517+20,517
BIOGEN INC(BIIB)(Put)074,300+74,300013,076+13,076
FAIR ISAAC CORP(FICO)(Put)05,700+5,70009,637+9,637
BLOCK INC(XYZ)0329,101+329,101021,4210.19%+21,421
ADVANCED MICRO DEVICES INC(AMD)044,727+44,72709,5790.08%+9,579
YUM BRANDS INC(YUM)(Call)063,000+63,00009,531+9,531
LAS VEGAS SANDS CORP(LVS)(Put)0548,400+548,400035,695+35,695
CANADIAN NAT RES LTD(CNQ)0299,388+299,388010,1340.09%+10,134
INVESCO QQQ TR(Put)015,300+15,30009,399+9,399
PINTEREST INC(PINS)0396,622+396,622010,2690.09%+10,269
SELECT SECTOR SPDR TR(Call)
ST STR INDL ETF
060,100+60,10009,323+9,323
CME GROUP INC(CME)(Call)042,900+42,900011,715+11,715
KINROSS GOLD CORP(KGC)(Put)0493,900+493,900013,908+13,908
OLD DOMINION FREIGHT LINE IN(ODFL)(Put)058,200+58,20009,126+9,126
RIVIAN AUTOMOTIVE INC(RIVN)(Put)0548,100+548,100010,803+10,803
TAKE-TWO INTERACTIVE SOFTWAR(TTWO)(Put)051,200+51,200013,109+13,109
VISA INC(V)(Put)047,700+47,700016,729+16,729
NUTRIEN LTD(NTR)(Call)0165,700+165,700010,227+10,227
STELLANTIS N.V(STLA)(Put)0801,000+801,00008,723+8,723
DELL TECHNOLOGIES INC(DELL)069,055+69,05508,6930.08%+8,693
KLA CORP(KLAC)(Put)07,100+7,10008,627+8,627
BARRICK MNG CORP(B)(Call)0412,300+412,300017,956+17,956
TEXAS INSTRS INC(TXN)063,540+63,540011,0240.10%+11,024
HILTON WORLDWIDE HLDGS INC(HLT)(Put)029,400+29,40008,445+8,445
SPDR SERIES TRUST(Call)
ST STR SP REGBNK
0128,400+128,40008,322+8,322
MONOLITHIC PWR SYS INC(MPWR)(Put)09,100+9,10008,248+8,248
CANADIAN NAT RES LTD(CNQ)(Put)0242,100+242,10008,195+8,195
SPOTIFY TECHNOLOGY S A(SPOT)(Call)015,500+15,50009,001+9,001
LKQ CORP(LKQ)(Call)0300,600+300,60009,078+9,078
META PLATFORMS INC(META)(Call)026,400+26,400017,426+17,426
CARDINAL HEALTH INC(CAH)(Put)038,200+38,20007,850+7,850
UNIVERSAL HLTH SVCS INC(UHS)(Put)080,600+80,600017,572+17,572
HUNT J B TRANS SVCS INC(JBHT)(Call)040,100+40,10007,793+7,793
PAN AMERN SILVER CORP(PAAS)0280,215+280,215014,5180.13%+14,518
DOW INC(DOW)(Put)0327,400+327,40007,655+7,655
FREEPORT-MCMORAN INC(FCX)(Put)0671,600+671,600034,111+34,111
NEXTPOWER INC(Call)0196,400+196,400017,108+17,108
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