Twin Securities, Inc. Hedge Fund

Location: New York, NY

CIK: 0001351351 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $262M (100.0% shares, 0.0% debt)

Holdings (17)

— CYBERARK SOFTWARE LTD 22.7%

Value $59.39M Shares 133,145 Est. Cost $459.10 Unrealized —

EXAS EXACT SCIENCES CORP 18.8%

Value $49.11M Shares 483,589 Est. Cost $80.31 Unrealized 0.0%

EA ELECTRONIC ARTS INC 18.7%

Value $49.01M Shares 239,836 Est. Cost $201.71 Unrealized 0.0%

WBD WARNER BROS DISCOVERY INC 12.3%

Value $32.13M Shares 1,114,989 Est. Cost $22.26 Unrealized +5.0%

RNAM AVIDITY BIOSCIENCES INC 10.1%

Value $26.34M Shares 365,144 Est. Cost $64.59 Unrealized 0.0%

CFLT CONFLUENT INC 5.8%

Value $15.29M Shares 505,486 Est. Cost $24.55 Unrealized 0.0%

NSC NORFOLK SOUTHN CORP 2.8%

Value $7.276M Shares 25,200 Est. Cost $288.62 Unrealized 0.0%

KVUE KENVUE INC 2.7%

Value $6.996M Shares 405,583 Est. Cost $16.26 Unrealized 0.0%

HOLX HOLOGIC INC 2.4%

Value $6.295M Shares 84,513 Est. Cost $73.07 Unrealized 0.0%

— DAYFORCE INC 1.0%

Value $2.714M Shares 39,241 Est. Cost $68.83 Unrealized 0.0%

SGRY SURGERY PARTNERS INC 1.0%

Value $2.63M Shares 170,258 Est. Cost $22.39 Unrealized -17.9%

CWAN CLEARWATER ANALYTICS HLDGS I 0.5%

Value $1.189M Shares 49,314 Est. Cost $20.03 Unrealized 0.0%

— CIDARA THERAPEUTICS INC 0.4%

Value $1.082M Shares 4,900 Est. Cost $220.89 Unrealized —

TIC TIC SOLUTIONS INC 0.3%

Value $782K Shares 77,339 Est. Cost $11.94 Unrealized -6.8%

MLYS MINERALYS THERAPEUTICS INC 0.2%

Value $607K Shares 16,737 Est. Cost $40.10 Unrealized 0.0%

WBD WARNER BROS DISCOVERY INC 0.2%

Value $579K Shares 20,100 Est. Cost $22.26 Unrealized +5.0%

MANU MANCHESTER UTD PLC NEW 0.1%

Value $232K Shares 14,570 Est. Cost $17.43 Unrealized -7.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CYBERARK SOFTWARE LTD	133,145	$59.39M	22.7%	$459.10	—	SHS	M2682V108
EXAS	EXACT SCIENCES CORP	483,589	$49.11M	18.8%	$80.31	0.0%	COM	30063P105
EA	ELECTRONIC ARTS INC	239,836	$49.01M	18.7%	$201.71	0.0%	COM	285512109
WBD	WARNER BROS DISCOVERY INC	1,114,989	$32.13M	12.3%	$22.26	+5.0%	COM SER A	934423104
RNAM	AVIDITY BIOSCIENCES INC	365,144	$26.34M	10.1%	$64.59	0.0%	COM	05370A108
CFLT	CONFLUENT INC	505,486	$15.29M	5.8%	$24.55	0.0%	CLASS A COM	20717M103
NSC	NORFOLK SOUTHN CORP	25,200	$7.276M	2.8%	$288.62	0.0%	COM	655844108
KVUE	KENVUE INC	405,583	$6.996M	2.7%	$16.26	0.0%	COM	49177J102
HOLX	HOLOGIC INC	84,513	$6.295M	2.4%	$73.07	0.0%	COM	436440101
—	DAYFORCE INC	39,241	$2.714M	1.0%	$68.83	0.0%	COM	15677J108
SGRY	SURGERY PARTNERS INC	170,258	$2.63M	1.0%	$22.39	-17.9%	COM	86881A100
CWAN	CLEARWATER ANALYTICS HLDGS I	49,314	$1.189M	0.5%	$20.03	0.0%	CL A	185123106
—	CIDARA THERAPEUTICS INC	4,900	$1.082M	0.4%	$220.89	—	COM NEW	171757206
TIC	TIC SOLUTIONS INC	77,339	$782K	0.3%	$11.94	-6.8%	COM	00510N102
MLYS	MINERALYS THERAPEUTICS INC	16,737	$607K	0.2%	$40.10	0.0%	COM	603170101
WBD	WARNER BROS DISCOVERY INC	20,100	$579K	0.2%	$22.26	+5.0%	Call	934423104
MANU	MANCHESTER UTD PLC NEW	14,570	$232K	0.1%	$17.43	-7.4%	ORD CL A	G5784H106