Filed: 5/15/2025ACC: 0001535588-25-000003
📋 What this filing means
TWIN TREE MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 838 equity positions with a total reported market value of $53.06B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
838
Positions
$53.06B
Total AUM (reported)
443.29M
Total Shares
Allocation by class
COM$19.97B37.6%
TR UNIT$15.13B28.5%
CL A$2.62B4.9%
GOLD SHS$2.35B4.4%
UNIT SER 1$1.53B2.9%
COM NEW$987.47M1.9%
COM CL A$917.46M1.7%
Portfolio Concentration
Top 3$19.01B35.8%
4–10$4.20B7.9%
11–25$5.13B9.7%
Rest$24.72B46.6%
Top 3 weight
35.8%
Top 10 weight
43.7%
Voting Authority Distribution
Total shares with voting rights: 443.29M
Sole
Full voting authority
443.29M
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)
Sole838
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings838
Rows:
SPDR S&P 500 ETF TR
SOLEShares27.05M
TypeSH
Market value$15.13B
28.52%
Sole
27.05M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares8.15M
TypeSH
Market value$2.35B
4.43%
Sole
8.15M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares3.25M
TypeSH
Market value$1.53B
2.88%
Sole
3.25M
Shared
0.00
None
0.00
SPDR DOW JONES INDL AVERAGE
SOLEShares2.08M
TypeSH
Market value$871.42M
1.64%
Sole
2.08M
Shared
0.00
None
0.00
APPLE INC
SOLEShares3.38M
TypeSH
Market value$750.84M
1.42%
Sole
3.38M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares3.87M
TypeSH
Market value$564.52M
1.06%
Sole
3.87M
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares2.59M
TypeSH
Market value$547.15M
1.03%
Sole
2.59M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares2.84M
TypeSH
Market value$534.14M
1.01%
Sole
2.84M
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares8.11M
TypeSH
Market value$477.92M
0.90%
Sole
8.11M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares482K
TypeSH
Market value$449.48M
0.85%
Sole
482K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares8.95M
TypeSH
Market value$411.23M
0.78%
Sole
8.95M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares12.54M
TypeSH
Market value$388.53M
0.73%
Sole
12.54M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.95M
TypeSH
Market value$388.16M
0.73%
Sole
1.95M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares694.20K
TypeSH
Market value$369.72M
0.70%
Sole
694.20K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.36M
TypeSH
Market value$365.71M
0.69%
Sole
2.36M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares2.12M
TypeSH
Market value$355.01M
0.67%
Sole
2.12M
Shared
0.00
None
0.00
AMGEN INC
SOLEShares1.11M
TypeSH
Market value$346.82M
0.65%
Sole
1.11M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares943K
TypeSH
Market value$345.60M
0.65%
Sole
943K
Shared
0.00
None
0.00
TESLA INC
SOLEShares1.30M
TypeSH
Market value$337.85M
0.64%
Sole
1.30M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares1.67M
TypeSH
Market value$317.57M
0.60%
Sole
1.67M
Shared
0.00
None
0.00
GRAINGER W W INC
SOLEShares320.44K
TypeSH
Market value$316.54M
0.60%
Sole
320.44K
Shared
0.00
None
0.00
TEXAS INSTRS INC
SOLEShares1.73M
TypeSH
Market value$310.15M
0.58%
Sole
1.73M
Shared
0.00
None
0.00
ADOBE INC
SOLEShares800.92K
TypeSH
Market value$307.18M
0.58%
Sole
800.92K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares505K
TypeSH
Market value$291.06M
0.55%
Sole
505K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares2.03M
TypeSH
Market value$283.38M
0.53%
Sole
2.03M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 27.05M | SH | $15.13B 28.52% | 27.05M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 8.15M | SH | $2.35B 4.43% | 8.15M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 3.25M | SH | $1.53B 2.88% | 3.25M | 0.00 | 0.00 |
SPDR DOW JONES INDL AVERAGESOLE | UT SER 1 | 2.08M | SH | $871.42M 1.64% | 2.08M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 3.38M | SH | $750.84M 1.42% | 3.38M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | SBI HEALTHCARE | 3.87M | SH | $564.52M 1.06% | 3.87M | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | SEMICONDUCTR ETF | 2.59M | SH | $547.15M 1.03% | 2.59M | 0.00 | 0.00 |
ISHARES TRSOLE | ISHARES SEMICDTR | 2.84M | SH | $534.14M 1.01% | 2.84M | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | ISHARES NEW | 8.11M | SH | $477.92M 0.90% | 8.11M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 482K | SH | $449.48M 0.85% | 482K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 8.95M | SH | $411.23M 0.78% | 8.95M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 12.54M | SH | $388.53M 0.73% | 12.54M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 1.95M | SH | $388.16M 0.73% | 1.95M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 694.20K | SH | $369.72M 0.70% | 694.20K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.36M | SH | $365.71M 0.69% | 2.36M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 2.12M | SH | $355.01M 0.67% | 2.12M | 0.00 | 0.00 |
AMGEN INCSOLE | COM | 1.11M | SH | $346.82M 0.65% | 1.11M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 943K | SH | $345.60M 0.65% | 943K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 1.30M | SH | $337.85M 0.64% | 1.30M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 1.67M | SH | $317.57M 0.60% | 1.67M | 0.00 | 0.00 |
GRAINGER W W INCSOLE | COM | 320.44K | SH | $316.54M 0.60% | 320.44K | 0.00 | 0.00 |
TEXAS INSTRS INCSOLE | COM | 1.73M | SH | $310.15M 0.58% | 1.73M | 0.00 | 0.00 |
ADOBE INCSOLE | COM | 800.92K | SH | $307.18M 0.58% | 800.92K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 505K | SH | $291.06M 0.55% | 505K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 2.03M | SH | $283.38M 0.53% | 2.03M | 0.00 | 0.00 |
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