Q4 2025 · 13F-HR
Twin Securities, Inc.holdings as filed
Filed 2026-02-17 · accession 0001172661-26-000903
$261.7M
Reported value
17
Positions
2025-12-31
Period end
The Brief · Twin Securities, Inc. · Q4 2025
AI · grounded in 13F
Twin Securities, Inc. closed its position in Verona Pharma PLC VRNA, reducing exposure by $53.47M. The fund established new positions in Exact Sciences Corp EXK and Electronic Arts Inc EA, investing $49.11M and $49M respectively. Additionally, the fund exited its holdings in Kellanova K for $45.41M and increased its share count in Warner Bros Discovery Inc WBD by 511.19%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $59.4M | 22.7% | 133,145 | Common | SOLE |
| 30063P105 | EXK | EXACT SCIENCES CORP | $49.1M | 18.8% | 483,589 | Common | SOLE |
| 285512109 | EA | ELECTRONIC ARTS INC | $49.0M | 18.7% | 239,836 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $32.1M | 12.3% | 1,114,989 | Common | SOLE |
| 05370A108 | RNAGBP | AVIDITY BIOSCIENCES INC | $26.3M | 10.1% | 365,144 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $15.3M | 5.84% | 505,486 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $7.3M | 2.78% | 25,200 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $7.0M | 2.67% | 405,583 | Common | SOLE |
| 436440101 | HO1 | HOLOGIC INC | $6.3M | 2.41% | 84,513 | Common | SOLE |
| 15677J108 | DAY | DAYFORCE INC | $2.7M | 1.04% | 39,241 | Common | SOLE |
| 86881A100 | SGRY | SURGERY PARTNERS INC | $2.6M | 1.01% | 170,258 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $1.2M | 0.45% | 49,314 | Common | SOLE |
| 171757206 | CDTX | CIDARA THERAPEUTICS INC | $1.1M | 0.41% | 4,900 | Common | SOLE |
| 00510N102 | TIC | TIC SOLUTIONS INC | $781,897 | 0.30% | 77,339 | Common | SOLE |
| 603170101 | MLYS | MINERALYS THERAPEUTICS INC | $607,386 | 0.23% | 16,737 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $579,282 | 0.22% | 20,100 | CALL | SOLE |
| G5784H106 | MANU | MANCHESTER UTD PLC NEW | $231,954 | 0.09% | 14,570 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.