Filed: 11/14/2025ACC: 0001172661-25-005055
📋 What this filing means
TWIN SECURITIES, INC. filed this quarterly 13F‑HR report disclosing 14 equity positions with a total reported market value of $201.20M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
14
Positions
$201.20M
Total AUM (reported)
2.35M
Total Shares
Allocation by class
COM$108.78M54.1%
SPONSORED ADS$53.47M26.6%
SHS$22.62M11.2%
COM CL A$9.97M5.0%
COM SER A$3.63M1.8%
COM SHS$2.50M1.2%
ORD CL A$223.5K0.1%
Portfolio Concentration
Top 3$128.10M63.7%
4–10$69.24M34.4%
11–25$3.86M1.9%
Top 3 weight
63.7%
Top 10 weight
98.1%
Voting Authority Distribution
Total shares with voting rights: 2.35M
Sole
Full voting authority
2.35M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole14
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings14
Rows:
VERONA PHARMA PLC
SOLEShares501.11K
TypeSH
Market value$53.47M
26.58%
Sole
501.11K
Shared
0.00
None
0.00
KELLANOVA
SOLEShares553.65K
TypeSH
Market value$45.41M
22.57%
Sole
553.65K
Shared
0.00
None
0.00
MERUS N V
SOLEShares310.26K
TypeSH
Market value$29.21M
14.52%
Sole
310.26K
Shared
0.00
None
0.00
MR COOPER GROUP INC
SOLEShares122.36K
TypeSH
Market value$25.79M
12.82%
Sole
122.36K
Shared
0.00
None
0.00
CYBERARK SOFTWARE LTD
SOLEShares46.81K
TypeSH
Market value$22.62M
11.24%
Sole
46.81K
Shared
0.00
None
0.00
SPIRIT AEROSYSTEMS HLDGS INC
SOLEShares258.38K
TypeSH
Market value$9.97M
4.96%
Sole
258.38K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares185.72K
TypeSH
Market value$3.63M
1.80%
Sole
185.72K
Shared
0.00
None
0.00
SURGERY PARTNERS INC
SOLEShares142.87K
TypeSH
Market value$3.09M
1.54%
Sole
142.87K
Shared
0.00
None
0.00
WNS HLDGS LTD
SOLEShares32.81K
TypeSH
Market value$2.50M
1.24%
Sole
32.81K
Shared
0.00
None
0.00
ACUREN CORP
SOLEShares123.06K
TypeSH
Market value$1.64M
0.81%
Sole
123.06K
Shared
0.00
None
0.00
BOEING CO
SOLEShares7.40K
TypeSH
Market value$1.60M
0.79%
Sole
7.40K
Shared
0.00
None
0.00
TOURMALINE BIO INC
SOLEShares33.30K
TypeSH
Market value$1.59M
0.79%
Sole
33.30K
Shared
0.00
None
0.00
PLYMOUTH INDL REIT INC
SOLEShares20.15K
TypeSH
Market value$449.9K
0.22%
Sole
20.15K
Shared
0.00
None
0.00
MANCHESTER UTD PLC NEW
SOLEShares14.76K
TypeSH
Market value$223.5K
0.11%
Sole
14.76K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VERONA PHARMA PLCSOLE | SPONSORED ADS | 501.11K | SH | $53.47M 26.58% | 501.11K | 0.00 | 0.00 |
KELLANOVASOLE | COM | 553.65K | SH | $45.41M 22.57% | 553.65K | 0.00 | 0.00 |
MERUS N VSOLE | COM | 310.26K | SH | $29.21M 14.52% | 310.26K | 0.00 | 0.00 |
MR COOPER GROUP INCSOLE | COM | 122.36K | SH | $25.79M 12.82% | 122.36K | 0.00 | 0.00 |
CYBERARK SOFTWARE LTDSOLE | SHS | 46.81K | SH | $22.62M 11.24% | 46.81K | 0.00 | 0.00 |
SPIRIT AEROSYSTEMS HLDGS INCSOLE | COM CL A | 258.38K | SH | $9.97M 4.96% | 258.38K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 185.72K | SH | $3.63M 1.80% | 185.72K | 0.00 | 0.00 |
SURGERY PARTNERS INCSOLE | COM | 142.87K | SH | $3.09M 1.54% | 142.87K | 0.00 | 0.00 |
WNS HLDGS LTDSOLE | COM SHS | 32.81K | SH | $2.50M 1.24% | 32.81K | 0.00 | 0.00 |
ACUREN CORPSOLE | COM | 123.06K | SH | $1.64M 0.81% | 123.06K | 0.00 | 0.00 |
BOEING COSOLE | COM | 7.40K | SH | $1.60M 0.79% | 7.40K | 0.00 | 0.00 |
TOURMALINE BIO INCSOLE | COM | 33.30K | SH | $1.59M 0.79% | 33.30K | 0.00 | 0.00 |
PLYMOUTH INDL REIT INCSOLE | COM | 20.15K | SH | $449.9K 0.22% | 20.15K | 0.00 | 0.00 |
MANCHESTER UTD PLC NEWSOLE | ORD CL A | 14.76K | SH | $223.5K 0.11% | 14.76K | 0.00 | 0.00 |