TWO SIGMA SECURITIES, LLC

CIK 0001450144 · Q2 2026

13F Equity AUM

$1.2B

+34.7% QoQ

Positions

1,638

+52 QoQ

AUM Rank

#2,191

Top 25%

Skill Alpha (FF)

+1.4%/yr^ns

No Clear Edge

Rank #1,672 · Top 20%

vs S&P +1.8%/yr (unadj.)

Quarters Tracked

~11 years

Portfolio Concentration

Top 5: 6.7%Top 10: 10.6%Top 20: 15.8%

AMAT1.8%

VOO1.7%

LRCX1.1%

ORCL1.1%

IVV1.0%

SPIB0.9%

GOOG0.8%

AMD0.8%

SOXL0.7%

BLK0.7%

Others (1628)89.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services43.4%

Technology17.8%

Industrials7.2%

Healthcare6.0%

Energy4.4%

Consumer Cyclical4.1%

Communication Services3.9%

Utilities3.0%

Other10.1%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 1638Median: 0.03%Avg: 0.06%

0–0.5%

1623(86.6%)

0.5–1%

10(6.7%)

1–3%

5(6.7%)

3–5%

0(0.0%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 0Unique: 1,638vs 20 funds

0%Low

1,638

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

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Position Changes This Quarter

New989Increased343Decreased334Exited920

New Positions

AMAT1.8%

+28K

ORCL1.1%

+86K

IVV1.0%

+16K

SPIB0.9%

+306K

IEFA0.6%

+73K

ADI0.5%

+14K

PPL0.5%

+144K

GS0.5%

+5K

INTU0.4%

+20K

TMUS0.4%

+31K

Increased

DIREXION SHARES ETF …0.3%

+957K(+12952%)

BMNU0.0%

+513K(+246%)

BBD0.1%

+224K(+272%)

BTO0.1%

+183K(+342%)

GRABW0.1%

+162K(+115%)

MSTU0.0%

+129K(+144%)

CIG0.0%

+111K(+153%)

GPUS0.0%

+97K(+237%)

HIVE0.0%

+88K(+402%)

KWEB0.5%

+84K(+60%)

Decreased

PSEC0.0%

-239,010(-89%)

PLUN0.0%

-181,903(-52%)

SRXH0.0%

-162,125(-83%)

RWM0.0%

-141,813(-92%)

SOXL0.7%

-136,823(-81%)

NVD0.0%

-128,507(-79%)

COTY0.0%

-122,663(-88%)

QYLD0.0%

-103,818(-84%)

ALTS0.0%

-99,154(-80%)

TOVX0.0%

-85,493(-81%)

Exited

-41,451

-19,482

-55,159

-64,336

-11,332

-6,558

-10,387

-6,494

-26,800

-32,809

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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