TWO SIGMA SECURITIES LLC
Q1 2025 Form 13-F
NEW YORK, NEW YORK
CIK 0001450144
· Institutional investment manager
$659.4M Reported Value Total
Reported value
$659.4M
Quarter over quarter
-2.7%
Holdings
1,385
Top-10 concentration
12.5%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Carl Vallese
Chief Compliance Officer
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Q1 2025 13F record
Q1 2025 13F filing summary
| Period of report | March 31, 2025 |
|---|---|
| Filed | May 15, 2025 |
| Form | 13F-HR |
| Reported value | $659.4M |
| Positions | 1,385 |
| Change in reported value | -12.6% |
| New positions | 856 |
| Exited positions | 827 |
| Position turnover | 76.1% |
| Top-10 concentration | 12.5% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
1,668 | $1.2B |
|
Q1 2026 13F
Filed May 15, 2026
|
1,599 | $860.9M |
|
Q4 2025 13F
Filed Feb 17, 2026
|
1,421 | $727.8M |
|
Q3 2025 13F
Filed Nov 14, 2025
|
1,327 | $678.0M |
|
Q2 2025 13F
Filed Aug 14, 2025
|
1,437 | $810.7M |
|
Q1 2025 13F
Filed May 15, 2025
|
1,385 | $659.4M |
|
Q4 2024 13F
Filed Feb 14, 2025
|
1,356 | $754.5M |
|
Q3 2024 13F
Filed Nov 14, 2024
|
1,520 | $5.9B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
1,485 | $8.3B |
|
Q1 2024 13F
Filed May 15, 2024
|
1,381 | $10.4B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
1,398 | $10.3B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
1,322 | $9.4B |
|
Q2 2023 13F
Filed Aug 14, 2023
|
1,203 | $6.7B |
|
Q1 2023 13F
Filed May 15, 2023
|
1,279 | $5.0B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
1,309 | $3.3B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
1,314 | $3.3B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
1,188 | $2.8B |
|
Q1 2022 13F
Filed May 16, 2022
|
1,076 | $2.8B |
|
Q4 2021 13F
Filed Feb 14, 2022
|
1,006 | $2.3B |
|
Q3 2021 13F
Filed Nov 15, 2021
|
818 | $3.4B |
27 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q1 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | AGG ISHARES TR | $11.0M | 1.66% |
| 2 | BKNG BOOKING HOLDINGS INC | $10.8M | 1.63% |
| 3 | SPIB SPDR SER TR | $10.7M | 1.62% |
| 4 | IWM ISHARES TR | $9.5M | 1.44% |
| 5 | QQQ INVESCO QQQ TR | $8.9M | 1.35% |
| 6 | NVDA NVIDIA CORPORATION | $7.1M | 1.08% |
| 7 | JPST J P MORGAN EXCHANGE TRADED F | $6.7M | 1.01% |
| 8 | BECN BEACON ROOFING SUPPLY INC | $6.5M | 0.98% |
| 9 | BKLN INVESCO EXCH TRADED FD TR II | $6.1M | 0.93% |
| 10 | VEA VANGUARD TAX-MANAGED FDS | $5.5M | 0.84% |
| 11 | TZA DIREXION SHS ETF TR | $5.4M | 0.81% |
| 12 | XLP SELECT SECTOR SPDR TR | $5.2M | 0.79% |
| 13 | IEFA ISHARES TR | $4.7M | 0.71% |
| 14 | SRLN SSGA ACTIVE ETF TR | $4.2M | 0.64% |
| 15 | XOP SPDR SER TR | $4.0M | 0.6% |
| 16 | TQQQ PROSHARES TR | $4.0M | 0.6% |
| 17 | VOO VANGUARD INDEX FDS | $3.9M | 0.6% |
| 18 | BRK-B BERKSHIRE HATHAWAY INC DEL | $3.8M | 0.58% |
| 19 | CL COLGATE PALMOLIVE CO | $3.4M | 0.51% |
| 20 | SPY SPDR S&P 500 ETF TR | $3.3M | 0.51% |
Values as reported on the Q1 2025 Form 13F. Every position is in the holdings table below.