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CIK: 0001351351
Total reported value
$223.5M
$223.5M
14 檔
79.0%
According to the latest 13F quarterly dataset, Twin Securities, Inc. managed an equity portfolio of $223.5M at the end of Q3 2025, spanning 14 distinct U.S. exchange-listed positions.
Twin Securities, Inc. executed strategic sector rebalancing during Q3 2025, establishing 9 new positions while fully exiting 8 holdings and trimming 4 positions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VRNA | Verona Pharma PLC - Adr | Stock-Other | 26.58% | — | — | |
| 2 | KEL | Kellanova | Stock-Other | 22.57% | — | +29.21% | |
| 3 | ✓ | Merus N V | Stock-Other | 14.52% | — | — | |
| 4 | 07WA | Mr Cooper Group Inc | Stock-Other | 12.82% | — | — | |
| 5 | ✓ | Cyberark Software LTD. Cmn | Stock-Other | 11.24% | — | — | |
| 6 | S9Q | Spirit Aerosystems Hold-cl A | Stock-Other | 4.96% | — | +1.87% | |
| 7 | WBD | Warner Bros Discovery Inc | Stock-Comm Services | 1.80% | +1.37% | — | |
| 8 | SGRY | Surgery Partners Inc | Stock-Other | 1.54% | -0.06% | EXIT | |
| 9 | ✓ | Wns Holdings LTD | Stock-Other | 1.24% | — | — | |
| 10 | TIC | Tic Solutions Inc | Stock-Other | 0.81% | +0.03% | -71.68% | |
| 11 | BA | Boeing Co/the | Stock-Industrials | 0.79% | — | -97.55% | |
| 12 | TRML | Tourmaline Bio Inc | Stock-Other | 0.79% | — | — | |
| 13 | PLYM | Plymouth Industrial Reit Inc | Stock-Other | 0.22% | — | — | |
| 14 | MANU | Manchester United plc | Stock-Other | 0.11% | -0.12% | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | KEL | Kellanova | +7.5% | +29.21% | Add |
| 2 | MANU | Manchester United plc | -0.1% | +21.58% | Trim |
| 3 | S9Q | Spirit Aerosystems Hold-cl A | -0.3% | +1.87% | Trim |
| 4 | TIC | Tic Solutions Inc | -1.5% | -71.68% | Trim |
| 5 | SGRY | Surgery Partners Inc | -2.5% | -72.08% | Trim |
| 6 | ITCIEUR | Intra-cellular Therapies Inc | — | EXIT | Sold out |
| 7 | VRNA | Verona Pharma PLC - Adr | — | NEW | New buy |
| 8 | ✓ | Merus N V | — | NEW | New buy |
| 9 | BECNUSD | Beacon Roofing Supply Inc | — | EXIT | Sold out |
| 10 | 07WA | Mr Cooper Group Inc | — | NEW | New buy |
| 11 | ✓ | Cyberark Software LTD. Cmn | — | NEW | New buy |
| 12 | HES | Hess CORP | — | EXIT | Sold out |
| 13 | SWTXUSD | Springworks Therapeutics Inc | — | EXIT | Sold out |
| 14 | DFSEUR | Discover Financial Services | — | EXIT | Sold out |
| 15 | HEESEUR | H&e Equipment Services Inc | — | EXIT | Sold out |
| 16 | WBD | Warner Bros Discovery Inc | — | NEW | New buy |
| 17 | ✓ | Wns Holdings LTD | — | NEW | New buy |
| 18 | CMRXEUR | Chimerix Inc | — | EXIT | Sold out |
| 19 | BA | Boeing Co/the | — | NEW | New buy |
| 20 | TRML | Tourmaline Bio Inc | — | NEW | New buy |
| 21 | JNP | Juniper Networks Inc | — | EXIT | Sold out |
| 22 | PLYM | Plymouth Industrial Reit Inc | — | NEW | New buy |
According to official SEC Form 13F filings, Twin Securities, Inc. reported a total U.S. public equity portfolio value of $223.5M across 14 disclosed positions in Q3 2025.
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In terms of portfolio concentration, the top 5 core holdings (including VRNA, KEL, MERUS N V) accounted for 79.0% of total reported equity market value during Q3 2025.
Top New Position Initiated
VRNA
市值: $53.5M
Top Position Liquidated / Trimmed
ITCIEUR
前期市值: $58.1M
During Q3 2025, Twin Securities, Inc.'s top holdings by market value included VRNA (26.6%)、KEL (22.6%)、MERUS N V (14.5%). The largest single position, VRNA, represented 26.6% of total portfolio value.
In Q3 2025, Twin Securities, Inc. made 22 total portfolio adjustments, initiating 9 new buys, adding to 1 positions, trimming 4 holdings, and fully liquidating 8 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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