TWO SIGMA SECURITIES LLC
Q3 2025 Form 13-F
NEW YORK, NEW YORK
CIK 0001450144
· Institutional investment manager
$678.0M Reported Value Total
Reported value
$678.0M
Quarter over quarter
+7.1%
Holdings
1,327
Top-10 concentration
10.9%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Carl Vallese
Chief Compliance Officer
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Q3 2025 13F record
Q3 2025 13F filing summary
| Period of report | September 30, 2025 |
|---|---|
| Filed | November 14, 2025 |
| Form | 13F-HR |
| Reported value | $678.0M |
| Positions | 1,327 |
| Change in reported value | -16.4% |
| New positions | 719 |
| Exited positions | 829 |
| Position turnover | 71.8% |
| Top-10 concentration | 10.9% |
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 · Q3 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | IEMG ISHARES INC | $11.9M | 1.76% |
| 2 | LQD ISHARES TR | $8.6M | 1.27% |
| 3 | FXI ISHARES TR | $7.7M | 1.14% |
| 4 | SPY SPDR S&P 500 ETF TR | $7.1M | 1.04% |
| 5 | IWB ISHARES TR | $6.8M | 1.01% |
| 6 | ACWI ISHARES TR | $6.7M | 0.99% |
| 7 | EFA ISHARES TR | $6.4M | 0.95% |
| 8 | QQQ INVESCO QQQ TR | $6.4M | 0.95% |
| 9 | CME CME GROUP INC | $6.3M | 0.93% |
| 10 | FOXA FOX CORP | $6.0M | 0.88% |
| 11 | HD HOME DEPOT INC | $5.9M | 0.87% |
| 12 | USHY ISHARES TR | $4.6M | 0.68% |
| 13 | NVDA NVIDIA CORPORATION | $4.3M | 0.64% |
| 14 | BND VANGUARD BD INDEX FDS | $4.3M | 0.64% |
| 15 | COF CAPITAL ONE FINL CORP | $4.2M | 0.62% |
| 16 | BK BANK NEW YORK MELLON CORP | $4.1M | 0.6% |
| 17 | SPXU PROSHARES TR | $4.0M | 0.58% |
| 18 | BKLN INVESCO EXCH TRADED FD TR II | $3.9M | 0.57% |
| 19 | GOOG ALPHABET INC | $3.8M | 0.57% |
| 20 | AGG ISHARES TR | $3.8M | 0.56% |
Values as reported on the Q3 2025 Form 13F. Every position is in the holdings table below.