TWO SIGMA SECURITIES, LLC
Long book
$860.9M
Q1 2026
Positions
1599
Top-10 weight
9%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
73%
of book per quarter
Strategy in plain words
auto-generated from filingsTWO SIGMA SECURITIES, LLC is a market maker — positions are inventory, not bets, running a $860.9M US long book across 1599 positions.
The portfolio is broadly diversified across 1599 positions (top 10 only 9%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES CORE U.S. AGGREGATE, AMAZON.COM INC, DIREX DAIL SEMI BU 3X ET-USD, ISHARES 7-10 YEAR TREASURY B, TESLA INC.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.3%
Q2 2024
+4.6%
Q3 2024
+3.8%
Q4 2024
-3.1%
Q1 2025
+9.4%
Q2 2025
+8.2%
Q3 2025
+1.3%
Q4 2025
-1.4%
Q1 2026
+13.5%
Sector allocation
Technology 20%
Industrials 18%
Financials 14%
Consumer discretionary 9%
Healthcare 7%
Other 7%
Services media 6%
Utilities 6%
Long book by quarter
What does TWO SIGMA own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 41.5K | $8.6M | 1.0% | +195.8% |
| TSLA TESLA INC | Industrials | 19.5K | $7.2M | 0.8% | +33.4% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 16.2K | $4.7M | 0.5% | New |
| DAL DELTA AIR LINES INC | Industrials | 64.3K | $4.3M | 0.5% | New |
| HD HOME DEPOT INC | Consumer discretionary | 11.3K | $3.7M | 0.4% | +17.1% |
| DE DEERE & CO | Industrials | 6.6K | $3.7M | 0.4% | +32.4% |
| V VISA INC-CLASS A SHARES | Services media | 11.0K | $3.3M | 0.4% | +616.0% |
| IDCC INTERDIGITAL INC | Financials | 10.4K | $3.1M | 0.4% | New |
| EXE EXPAND ENERGY CORP | Energy | 26.8K | $2.9M | 0.3% | +88.3% |
| SBUX STARBUCKS CORP | Consumer discretionary | 32.8K | $2.9M | 0.3% | +369.8% |
| NOW SERVICENOW INC | Technology | 26.5K | $2.8M | 0.3% | +984.5% |
| CME CME GROUP INC | Financials | 9.3K | $2.7M | 0.3% | +301.5% |
| SHOP SHOPIFY INC - CLASS A | Technology | 22.8K | $2.7M | 0.3% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 13.0K | $2.7M | 0.3% | +983.0% |
| UNP UNION PACIFIC CORP | Industrials | 10.6K | $2.6M | 0.3% | +246.6% |
| AAPL APPLE INC | Technology | 10.1K | $2.6M | 0.3% | +1.2% |
| PGR PROGRESSIVE CORP | Financials | 12.9K | $2.6M | 0.3% | +18.1% |
| GOOGL ALPHABET INC-CL A | Technology | 8.8K | $2.5M | 0.3% | New |
| AL AIR LEASE CORP | — | 38.9K | $2.5M | 0.3% | New |
| VRSN VERISIGN INC | Technology | 10.1K | $2.5M | 0.3% | +217.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 9.3K | $2.5M | 0.3% | New |
| FAST FASTENAL CO | Consumer discretionary | 53.4K | $2.5M | 0.3% | +312.5% |
| OMC OMNICOM GROUP | Services media | 31.9K | $2.4M | 0.3% | +501.9% |
| TTD TRADE DESK INC/THE -CLASS A | Technology | 105.7K | $2.4M | 0.3% | +395.4% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 7.3K | $2.4M | 0.3% | New |
| C CITIGROUP INC | Financials | 20.3K | $2.3M | 0.3% | +980.8% |
| LNG CHENIERE ENERGY INC | Utilities | 8.1K | $2.3M | 0.3% | New |
| ETN EATON CORP PLC | Industrials | 6.2K | $2.2M | 0.3% | New |
| LYB LYONDELLBASELL INDU-CL A | Other | 27.0K | $2.2M | 0.3% | New |
| OTIS OTIS WORLDWIDE CORP | Industrials | 28.1K | $2.2M | 0.3% | New |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 5.5K | $2.2M | 0.3% | +5.9% |
| STLD STEEL DYNAMICS INC | Industrials | 11.7K | $2.1M | 0.2% | +182.6% |
| LRCX LAM RESEARCH CORP | Industrials | 9.8K | $2.1M | 0.2% | +443.9% |
| GE GENERAL ELECTRIC | Industrials | 7.3K | $2.1M | 0.2% | New |
| EVRG EVERGY INC | Utilities | 24.7K | $2.0M | 0.2% | New |
| MRSH MARSH & MCLENNAN COS | Financials | 11.6K | $2.0M | 0.2% | New |
| FANG DIAMONDBACK ENERGY INC | Energy | 10.1K | $2.0M | 0.2% | New |
| OKE ONEOK INC | Utilities | 22.0K | $2.0M | 0.2% | +467.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 8.2K | $2.0M | 0.2% | +58.1% |
| SITM SITIME CORP | Technology | 5.6K | $1.9M | 0.2% | +239.1% |
| AMGN AMGEN INC | Healthcare | 5.4K | $1.9M | 0.2% | New |
| WMT WALMART INC | Consumer discretionary | 15.2K | $1.9M | 0.2% | +41.0% |
| HSY HERSHEY CO/THE | Consumer staples | 9.1K | $1.9M | 0.2% | +582.6% |
| KMB KIMBERLY-CLARK CORP | Other | 19.4K | $1.9M | 0.2% | New |
| GRMN GARMIN LTD | Technology | 8.0K | $1.9M | 0.2% | -41.5% |
| RSG REPUBLIC SERVICES INC | Utilities | 8.4K | $1.8M | 0.2% | New |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 8.2K | $1.8M | 0.2% | +479.8% |
| NWSA NEWS CORP - CLASS A | Other | 72.0K | $1.8M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1599 | $860.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1421 | $727.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1327 | $678.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1437 | $810.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 1395 | $659.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1544 | $754.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 2764 | $5.92B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 2921 | $8.28B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 2883 | $10.36B | canonical | SEC ↗ |