TWIN SECURITIES INC Overview
Twin Securities Inc is a hedge fund that manages 1 BN dollars in regulatory AUM and has 10 employees, of which 6 perform investment advisory functions.
The manager's has disclosed holdings from 12/31/05 to 12/31/18. The fund's latest filing disclosed 155MM in positions, representing 15% of the manager's regulatory AUM.
The manager's has disclosed holdings from 12/31/05 to 12/31/18. The fund's latest filing disclosed 155MM in positions, representing 15% of the manager's regulatory AUM.
TWIN SECURITIES INC StockAlpha
| Top 25% |
3yr StockAlpha
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Fundamental & Technical Factor Exposure
TWIN SECURITIES INC Since Last Filing Return Details
| Ticker | Size | Sector | Stock Move | StockAlpha Attribution | Days to Liquidate | Trade Crowdedness | ||
|---|---|---|---|---|---|---|---|---|
| SHPG | 57.62% | Health | 2.96% | 1.85% | 1 | 7% | ||
| CVS | 24.57% | Cons. Staples | -19.06% | -8.05% | 0 | 29% | ||
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FEATURED IN
TWIN SECURITIES INC Founders and Key Employees
| Name | Title | In Position Since |
|---|
| David J. Simon | President, Chief Investment Officer | January-1988 |
| Kevin S. Gahwyler | Chief Operating Officer | March-2012 |
| Daren Taubenfeld | Chief Financial Officer, Chief Compliance Officer | January-2014 |
| William W. Wang | Chief Compliance Officer | April-2007 |
TWIN SECURITIES INC Brokers, Custodians, Auditors and Administrators
| Type | Company |
|---|
| Administrator | Pro |
| Auditor | Pro |
| Custodian | Pro |
| Custodian | Pro |
| Prime Broker | Pro |
TWIN SECURITIES INC Investment Strategy
Methods of Analysis, Investment Strategies and Risk of Loss
Twin's strategy focuses on investments in securities subject to corporate activity where the Adviser believes the market price does not adequately reflect the impact the corporate activity will have on the securities’ valuation.
In particular, the strategy utilizes securities classified under three broad strategies: Merger Arbitrage, Special Situations and Undervalued Securities with a Catalyst. Merger Arbitrage entails mergers, acquisitions, hostile offers and leverage buy-outs. Special Situations encompass securities subject to reorganizations, spin-offs, proxy contests, litigation and short sales. Undervalued with Catalyst situations consist of securities subject to management change, shareholder activism, industry consolidation, clarification of operations, strategic change and shareholder turnover.
Twin invests primarily in equity and debt securities, equity options, equity related conve...
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Twin's strategy focuses on investments in securities subject to corporate activity where the Adviser believes the market price does not adequately reflect the impact the corporate activity will have on the securities’ valuation.
In particular, the strategy utilizes securities classified under three broad strategies: Merger Arbitrage, Special Situations and Undervalued Securities with a Catalyst. Merger Arbitrage entails mergers, acquisitions, hostile offers and leverage buy-outs. Special Situations encompass securities subject to reorganizations, spin-offs, proxy contests, litigation and short sales. Undervalued with Catalyst situations consist of securities subject to management change, shareholder activism, industry consolidation, clarification of operations, strategic change and shareholder turnover.
Twin invests primarily in equity and debt securities, equity options, equity related conve...
Unlock Full Investment Process Description
TWIN SECURITIES INC Portfolio Concentration
TWIN SECURITIES INC Location
2 GRAND CENTRAL TOWER
140 EAST 45TH STREET, 27TH FLOOR
NEW YORK, New York
UNITED STATES, 10017
140 EAST 45TH STREET, 27TH FLOOR
NEW YORK, New York
UNITED STATES, 10017
TWIN SECURITIES INC Contact Information
Phone Number: 212-687-6850
Fax Number: 212-687-6901
Website: https://www.twincap.com
Fax Number: 212-687-6901
Website: https://www.twincap.com
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