Twin Securities, Inc. Hedge Fund

Location: New York, NY

CIK: 0001351351 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 14, 2026

Total Value: $223M (100.0% shares, 0.0% debt)

Holdings (13)

New Positions (8)

WBD WARNER BROS DISCOVERY INC 9.1%

Value $20.25M Shares 759,600 Est. Cost — Unrealized —

APGE APOGEE THERAPEUTICS INC 7.1%

Value $15.93M Shares 120,000 Est. Cost — Unrealized —

ROKU ROKU INC 6.5%

Value $14.6M Shares 105,660 Est. Cost — Unrealized —

BLD TOPBUILD COR 6.3%

Value $14.16M Shares 39,948 Est. Cost — Unrealized —

EA ELECTRONIC ARTS INC 3.3%

Value $7.361M Shares 35,900 Est. Cost — Unrealized —

PSKY PARAMOUNT SKYDANCE CORP 1.5%

Value $3.3M Shares 334,724 Est. Cost — Unrealized —

OGN ORGANON & CO 1.1%

Value $2.371M Shares 175,100 Est. Cost — Unrealized —

NSC NORFOLK SOUTHN CORP 0.1%

Value $205K Shares 652 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	759,600	$20.25M	9.1%	—	—	PUT	934423104
APGE	APOGEE THERAPEUTICS INC	120,000	$15.93M	7.1%	—	—	COM	03770N101
ROKU	ROKU INC	105,660	$14.6M	6.5%	—	—	COM CL A	77543R102
BLD	TOPBUILD COR	39,948	$14.16M	6.3%	—	—	COM	89055F103
EA	ELECTRONIC ARTS INC	35,900	$7.361M	3.3%	—	—	PUT	285512109
PSKY	PARAMOUNT SKYDANCE CORP	334,724	$3.3M	1.5%	—	—	COM CL B	69932A204
OGN	ORGANON & CO	175,100	$2.371M	1.1%	—	—	COMMON STOCK	68622V106
NSC	NORFOLK SOUTHN CORP	652	$205K	0.1%	—	—	COM	655844108

Increased Positions (2)

EA ELECTRONIC ARTS INC 48.5%

Value $108M (+18.9%) Shares 528,441 (+18.2%) Est. Cost — Unrealized —

KVUE KENVUE INC 6.5%

Value $14.43M (+74.2%) Shares 754,977 (+57.1%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EA	ELECTRONIC ARTS INC	528,441 (+18.2%)	$108M (+18.9%)	48.5%	—	—	COM	285512109
KVUE	KENVUE INC	754,977 (+57.1%)	$14.43M (+74.2%)	6.5%	—	—	COM	49177J102

Exited Positions (12)

CWAN CLEARWATER ANALYTICS HLDGS I 12.3%

Value $27.53M Shares 1,164,090 Est. Cost — Unrealized —

HOLX HOLOGIC INC 6.1%

Value $13.53M Shares 179,036 Est. Cost — Unrealized —

ACLX ARCELLX INC 2.8%

Value $6.198M Shares 53,982 Est. Cost — Unrealized —

TERN TERNS PHARMACEUTICALS INC 2.7%

Value $6.113M Shares 115,958 Est. Cost — Unrealized —

APLS APELLIS PHARMACEUTICALS INC 2.3%

Value $5.127M Shares 127,440 Est. Cost — Unrealized —

RVMD REVOLUTION MEDICINES INC 1.7%

Value $3.793M Shares 39,000 Est. Cost — Unrealized —

RVMD REVOLUTION MEDICINES INC 1.7%

Value $3.753M Shares 38,593 Est. Cost — Unrealized —

OS ONESTREAM INC 0.6%

Value $1.449M Shares 60,372 Est. Cost — Unrealized —

TTWO TAKE-TWO INTERACTIVE SOFTWAR 0.6%

Value $1.284M Shares 6,500 Est. Cost — Unrealized —

DAWN DAY ONE BIOPHARMACEUTICALS I 0.3%

Value $678K Shares 31,626 Est. Cost — Unrealized —

MANU MANCHESTER UTD PLC NEW 0.1%

Value $251K Shares 14,920 Est. Cost — Unrealized —

SGRY SURGERY PARTNERS INC 0.1%

Value $119K Shares 10,025 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CWAN	CLEARWATER ANALYTICS HLDGS I	1,164,090	$27.53M	12.3%	—	—	—	185123106
HOLX	HOLOGIC INC	179,036	$13.53M	6.1%	—	—	—	436440101
ACLX	ARCELLX INC	53,982	$6.198M	2.8%	—	—	—	03940C100
TERN	TERNS PHARMACEUTICALS INC	115,958	$6.113M	2.7%	—	—	—	880881107
APLS	APELLIS PHARMACEUTICALS INC	127,440	$5.127M	2.3%	—	—	—	03753U106
RVMD	REVOLUTION MEDICINES INC	39,000	$3.793M	1.7%	—	—	PUT	76155X100
RVMD	REVOLUTION MEDICINES INC	38,593	$3.753M	1.7%	—	—	—	76155X100
OS	ONESTREAM INC	60,372	$1.449M	0.6%	—	—	—	68278B107
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	6,500	$1.284M	0.6%	—	—	—	874054109
DAWN	DAY ONE BIOPHARMACEUTICALS I	31,626	$678K	0.3%	—	—	—	23954D109
MANU	MANCHESTER UTD PLC NEW	14,920	$251K	0.1%	—	—	—	G5784H106
SGRY	SURGERY PARTNERS INC	10,025	$119K	0.1%	—	—	—	86881A100

Decreased Positions (2)

WBD WARNER BROS DISCOVERY INC 9.6%

Value $21.51M (-39.7%) Shares 807,012 (-37.9%) Est. Cost — Unrealized —

RNA ATRIUM THERAPEUTICS INC 0.2%

Value $357K (-46.6%) Shares 26,517 (-46.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	807,012 (-37.9%)	$21.51M (-39.7%)	9.6%	—	—	COM SER A	934423104
RNA	ATRIUM THERAPEUTICS INC	26,517 (-46.9%)	$357K (-46.6%)	0.2%	—	—	COM	04965N104

Unchanged Positions (1)

TIC TIC SOLUTIONS INC 0.3%

Value $626K Shares 77,339 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TIC	TIC SOLUTIONS INC	77,339	$626K	0.3%	—	—	COM	00510N102