TWIN TREE MANAGEMENT, LP

Filed: 2/10/2025ACC: 0001535588-25-000002

📋 What this filing means

TWIN TREE MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 835 equity positions with a total reported market value of $55.85B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

835

Positions

$55.85B

Total AUM (reported)

485.48M

Total Shares

Allocation by class

ORDINARY SHARES$26.53B47.5%

SPDR S&P 500 ETF TRU$8.84B15.8%

ORDINARY SHARES - CL$7.11B12.7%

SPDR GOLD SHARES ETF$2.37B4.2%

INVESCO QQQ TRUST SE$2.19B3.9%

ISHARES GOLD TRUST$1.23B2.2%

TECHNOLOGY SELECT SE$1.10B2.0%

Portfolio Concentration

Top 3$13.40B24.0%

4–10$6.27B11.2%

11–25$6.89B12.3%

Rest$29.29B52.4%

Top 3 weight

24.0%

Top 10 weight

35.2%

Voting Authority Distribution

Total shares with voting rights: 485.48M

Sole

Full voting authority

485.48M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole835

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings835

Rows:

SSGA ACTIVE TRUST

SOLE

SPDR S&P 500 ETF TRU

Shares15.09M

TypeSH

Market value$8.84B

15.84%

Sole

15.09M

Shared

0.00

None

0.00

SPDR GOLD TRUST

SOLE

SPDR GOLD SHARES ETF

Shares9.77M

TypeSH

Market value$2.37B

4.24%

Sole

9.77M

Shared

0.00

None

0.00

INVESCO CAPITAL MANAGEMENT L

SOLE

INVESCO QQQ TRUST SE

Shares4.28M

TypeSH

Market value$2.19B

3.92%

Sole

4.28M

Shared

0.00

None

0.00

BLACKROCK INSTITUTIONAL TRUS

SOLE

ISHARES GOLD TRUST

Shares24.94M

TypeSH

Market value$1.23B

2.21%

Sole

24.94M

Shared

0.00

None

0.00

SSGA ACTIVE TRUST

SOLE

TECHNOLOGY SELECT SE

Shares4.75M

TypeSH

Market value$1.10B

1.98%

Sole

4.75M

Shared

0.00

None

0.00

APPLE INC

SOLE

ORDINARY SHARES

Shares3.94M

TypeSH

Market value$985.88M

1.77%

Sole

3.94M

Shared

0.00

None

0.00

BROADCOM INC

SOLE

ORDINARY SHARES

Shares3.94M

TypeSH

Market value$914.53M

1.64%

Sole

3.94M

Shared

0.00

None

0.00

BLACKROCK INSTITUTIONAL TRUS

SOLE

ISHARES RUSSELL 2000

Shares3.19M

TypeSH

Market value$705.07M

1.26%

Sole

3.19M

Shared

0.00

None

0.00

ALPHABET INC

SOLE

ORDINARY SHARES - CL

Shares3.56M

TypeSH

Market value$674.73M

1.21%

Sole

3.56M

Shared

0.00

None

0.00

HOME DEPOT, INC.

SOLE

ORDINARY SHARES

Shares1.67M

TypeSH

Market value$651.20M

1.17%

Sole

1.67M

Shared

0.00

None

0.00

TESLA INC

SOLE

ORDINARY SHARES

Shares1.45M

TypeSH

Market value$586.38M

1.05%

Sole

1.45M

Shared

0.00

None

0.00

BLACKROCK INSTITUTIONAL TRUS

SOLE

ISHARES SILVER TRUST

Shares22.15M

TypeSH

Market value$583.19M

1.04%

Sole

22.15M

Shared

0.00

None

0.00

BLACKROCK INSTITUTIONAL TRUS

SOLE

ISHARES SEMICONDUCTO

Shares2.42M

TypeSH

Market value$520.61M

0.93%

Sole

2.42M

Shared

0.00

None

0.00

W.W. GRAINGER INC.

SOLE

ORDINARY SHARES

Shares493.51K

TypeSH

Market value$520.18M

0.93%

Sole

493.51K

Shared

0.00

None

0.00

AMAZON.COM INC.

SOLE

ORDINARY SHARES

Shares2.37M

TypeSH

Market value$520.09M

0.93%

Sole

2.37M

Shared

0.00

None

0.00

ORACLE CORP.

SOLE

ORDINARY SHARES

Shares2.82M

TypeSH

Market value$470.36M

0.84%

Sole

2.82M

Shared

0.00

None

0.00

NETFLIX INC.

SOLE

ORDINARY SHARES

Shares510.73K

TypeSH

Market value$455.23M

0.82%

Sole

510.73K

Shared

0.00

None

0.00

VISA INC

SOLE

ORDINARY SHARES - CL

Shares1.39M

TypeSH

Market value$438.40M

0.78%

Sole

1.39M

Shared

0.00

None

0.00

MCDONALD`S CORP

SOLE

ORDINARY SHARES

Shares1.44M

TypeSH

Market value$417.21M

0.75%

Sole

1.44M

Shared

0.00

None

0.00

VANECK ETF TRUST

SOLE

VANECK SEMICONDUCTOR

Shares1.70M

TypeSH

Market value$412.44M

0.74%

Sole

1.70M

Shared

0.00

None

0.00

PROCTER & GAMBLE CO.

SOLE

ORDINARY SHARES

Shares2.41M

TypeSH

Market value$404.72M

0.72%

Sole

2.41M

Shared

0.00

None

0.00

SSGA ACTIVE TRUST

SOLE

HEALTH CARE SELECT S

Shares2.92M

TypeSH

Market value$401.13M

0.72%

Sole

2.92M

Shared

0.00

None

0.00

SALESFORCE INC

SOLE

ORDINARY SHARES

Shares1.17M

TypeSH

Market value$391.77M

0.70%

Sole

1.17M

Shared

0.00

None

0.00

PALO ALTO NETWORKS INC

SOLE

ORDINARY SHARES

Shares2.14M

TypeSH

Market value$389.94M

0.70%

Sole

2.14M

Shared

0.00

None

0.00

DELL TECHNOLOGIES INC

SOLE

ORDINARY SHARES - CL

Shares3.32M

TypeSH

Market value$382.37M

0.68%

Sole

3.32M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SSGA ACTIVE TRUSTSOLE	SPDR S&P 500 ETF TRU	15.09M	SH	$8.84B 15.84%	15.09M
SPDR GOLD TRUSTSOLE	SPDR GOLD SHARES ETF	9.77M	SH	$2.37B 4.24%	9.77M
INVESCO CAPITAL MANAGEMENT LSOLE	INVESCO QQQ TRUST SE	4.28M	SH	$2.19B 3.92%	4.28M
BLACKROCK INSTITUTIONAL TRUSSOLE	ISHARES GOLD TRUST	24.94M	SH	$1.23B 2.21%	24.94M
SSGA ACTIVE TRUSTSOLE	TECHNOLOGY SELECT SE	4.75M	SH	$1.10B 1.98%	4.75M
APPLE INCSOLE	ORDINARY SHARES	3.94M	SH	$985.88M 1.77%	3.94M
BROADCOM INCSOLE	ORDINARY SHARES	3.94M	SH	$914.53M 1.64%	3.94M
BLACKROCK INSTITUTIONAL TRUSSOLE	ISHARES RUSSELL 2000	3.19M	SH	$705.07M 1.26%	3.19M
ALPHABET INCSOLE	ORDINARY SHARES - CL	3.56M	SH	$674.73M 1.21%	3.56M
HOME DEPOT, INC.SOLE	ORDINARY SHARES	1.67M	SH	$651.20M 1.17%	1.67M
TESLA INCSOLE	ORDINARY SHARES	1.45M	SH	$586.38M 1.05%	1.45M
BLACKROCK INSTITUTIONAL TRUSSOLE	ISHARES SILVER TRUST	22.15M	SH	$583.19M 1.04%	22.15M
BLACKROCK INSTITUTIONAL TRUSSOLE	ISHARES SEMICONDUCTO	2.42M	SH	$520.61M 0.93%	2.42M
W.W. GRAINGER INC.SOLE	ORDINARY SHARES	493.51K	SH	$520.18M 0.93%	493.51K
AMAZON.COM INC.SOLE	ORDINARY SHARES	2.37M	SH	$520.09M 0.93%	2.37M
ORACLE CORP.SOLE	ORDINARY SHARES	2.82M	SH	$470.36M 0.84%	2.82M
NETFLIX INC.SOLE	ORDINARY SHARES	510.73K	SH	$455.23M 0.82%	510.73K
VISA INCSOLE	ORDINARY SHARES - CL	1.39M	SH	$438.40M 0.78%	1.39M
MCDONALD`S CORPSOLE	ORDINARY SHARES	1.44M	SH	$417.21M 0.75%	1.44M
VANECK ETF TRUSTSOLE	VANECK SEMICONDUCTOR	1.70M	SH	$412.44M 0.74%	1.70M
PROCTER & GAMBLE CO.SOLE	ORDINARY SHARES	2.41M	SH	$404.72M 0.72%	2.41M
SSGA ACTIVE TRUSTSOLE	HEALTH CARE SELECT S	2.92M	SH	$401.13M 0.72%	2.92M
SALESFORCE INCSOLE	ORDINARY SHARES	1.17M	SH	$391.77M 0.70%	1.17M
PALO ALTO NETWORKS INCSOLE	ORDINARY SHARES	2.14M	SH	$389.94M 0.70%	2.14M
DELL TECHNOLOGIES INCSOLE	ORDINARY SHARES - CL	3.32M	SH	$382.37M 0.68%	3.32M

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