TWIN TREE MANAGEMENT, LP other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm

Number of Employees:

11 37.50%

of those in investment advisory functions:

8 33.33%

Registration:

Texas, Terminated, 3/21/2012

Other registrations (1)
AUM:

8,633,164,520 49.54%

of that, discretionary:

8,633,164,520 49.54%

Private Fund GAV:

8,633,164,520 49.54%

Avg Account Size:

2,877,721,507 49.54%

SMA’s:

NO

Private Funds:

1

Contact Info

214 xxxxxxx

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 4B 3B 2B 881M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Twin Tree Management, LP Buys 1, Sells 4 in 3rd Quarter
11/10/2022

Related Stocks: VOO, IWF, SPGI, ISRG, ADBE,

gurufocus.com

Twin Tree Management, LP Buys Nike Inc, Marathon Petroleum Corp, Teladoc Health Inc, Sells ...
11/13/2021

Related Stocks: NKE, TDOC, SPOT, ROST, GM, MAR, MPC, CMG, VWO, XLK, XLV, RSX, GOOGL, ADBE, EFA, GIS, DPZ, ASML,

gurufocus.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $8,633,164,520

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Private Funds



Employees




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Brochure Summary

Overview

FIRM DESCRIPTION Twin Tree Management, L.P., a Texas limited partnership and private investment advisory firm, was formed in 2009. We provide investment management and other services with respect to our affiliated private investment funds (the “Funds”) and have full discretionary authority with respect to their investment decisions. Our investment advisory services are provided in accordance with the investment objectives and guidelines set forth in the applicable offering and governing documents. The information set forth in this brochure is qualified in its entirety by the applicable offering and governing documents. PRINCIPAL OWNERS The general partner of Twin Tree Management, L.P. is Twin Tree Capital Management, LLC, a Texas limited liability company, which is owned and controlled by Michael E. Presley. Mr. Presley is also principal owner and a limited partner of Twin Tree Management, L.P. TYPES OF ADVISORY SERVICES We provide investment management and other services to the Funds with respect to a relative value investment strategy that seeks to profit from perceived mispricings in the implied volatility
and correlation markets. Our investment advisory services involve a variety of derivative instruments including listed and over-the-counter options, variance swaps, volatility swaps, correlation swaps, convertible bonds, structured products, and a hedging policy with respect to underlying securities. We are responsible for investing and re-investing the capital of the Funds in securities, financial instruments and/or other assets in accordance with the investment objectives, policies and guidelines set forth in the applicable offering and governing documents. See Item 8 below. We tailor our advisory services to the individual needs and objectives of the Funds, and investors are not permitted to impose restrictions and/or limitations on the Funds’ investments and strategies. However, we have entered and may enter into side agreements and other arrangements with certain investors that alter or modify the terms of the interests held thereby. ASSETS UNDER MANAGEMENT As of December 31, 2023, we had approximately $8,633,164,520 in regulatory assets under management. All of these assets were managed on a discretionary basis.