Twin Lakes Capital Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 19, 2025), Twin Lakes Capital Management, LLC reported 239 stock positions worth $155.9 million. Its top holding was Apple (AAPL) at 13.2% of the portfolio, followed by Gilead Sciences (GILD, 4.5%) and Capri (CPRI, 4.4%). Compared with Q3 2024, it opened 1 new position, added to 40 and reduced 43. The biggest buy was Gilead Sciences (GILD, shares +1%) and the biggest sale Seagate Technology (STX, shares −1%).

Most Recent 13F
Q2 2026
Location
REDWOOD SHORES, CA
CIK
0001847794
Portfolio Value
$155.9M (Q4 2024)
SEC Filing
0001095449-25-000015 ↗ filed Feb 19, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $148.0M Q1 2024 Q2 2024: $146.5M Q2 2024 Q3 2024: $155.2M Q3 2024 Q4 2024: $155.9M $155.9M Q4 2024 Q1 2025: $148.4M Q1 2025 Q2 2025: $164.4M Q2 2025 Q3 2025: $216.2M Q3 2025 Q4 2025: $225.1M Q4 2025 Q1 2026: $219.9M Q1 2026 Q2 2026: $261.5M Q2 2026

Holdings 239 stocks · $155.9M
AAPL Apple Inc. 13.22% 82,306 $20.6M Reduce -0.5%
GILD Gilead Sciences Inc. 4.46% 75,296 $7.0M Add +0.6%
CPRI Capri Holdings Ltd. 4.37% 323,736 $6.8M Add +88.5%
NOW ServiceNow Inc. 3.67% 5,397 $5.7M No change
CPF Central Pacific Financial Co. 3.45% 185,177 $5.4M Add +0.3%
FDX FedEx Corp. 3.39% 18,788 $5.3M Reduce -1.5%
SCHW Schwab (charles) Corp. 3.32% 69,978 $5.2M Add +0.1%
STX Seagate Technology Holdings 2.92% 52,701 $4.5M Reduce -0.9%
SPY SS SPDR S&P 500 ETF Trust-US 2.78% 7,404 $4.3M Reduce -0.8%
XOM Exxon Mobil Corp. 2.71% 39,346 $4.2M Reduce -0.8%
LUV Southwest Airlines Co. 2.68% 124,280 $4.2M Reduce -2.5%
NCLH Norwegian Cruise Line Holdin 2.53% 153,530 $4.0M Reduce -3.0%
VTI VG Morningstar TS MKT ETF-US 2.42% 13,001 $3.8M Add +0.6%
AMZN Amazon.com Inc. 2.35% 16,695 $3.7M Reduce -0.4%
MSFT Microsoft Corp. 2.29% 8,476 $3.6M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.27% 7,808 $3.5M No change
STWD Starwood Property Trust Inc. 2.18% 179,088 $3.4M Reduce -3.3%
JPM JPMorgan Chase & Co. 2.14% 13,932 $3.3M Add +0.3%
LHX L3HARRIS Technologies Inc. 1.92% 14,208 $3.0M Reduce -1.1%
META Meta Platforms Inc. Class A 1.66% 4,413 $2.6M Reduce -0.6%
GOOGL Alphabet Inc. Class A 1.55% 12,730 $2.4M Add +0.1%
PROTAGONIST THERAPEUTICS INC 1.52% 61,526 $2.4M Reduce -0.6%
FUN Six Flags Entertainment Corp. 1.26% 40,609 $2.0M Reduce -2.8%
V Visa Inc. Class A 1.17% 5,795 $1.8M Add +0.2%
BA The Boeing Co. 1.13% 9,918 $1.8M Reduce -0.2%
AEM Agnico Eagle Mines Ltd. 0.99% 19,699 $1.5M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.97% 3,679 $1.5M Add +0.1%
BABA Alibaba Group Holding-SP ADR 0.89% 16,350 $1.4M No change
INCY Incyte Corp. 0.89% 20,000 $1.4M No change
UPS United Parcel Service Class B 0.84% 10,428 $1.3M Reduce -32.3%
JNJ Johnson & Johnson 0.74% 7,964 $1.2M Reduce -10.9%
NVDA Nvidia Corp. 0.72% 8,384 $1.1M Reduce -4.0%
MLKN Millerknoll Inc. 0.72% 49,554 $1.1M Reduce -5.7%
PG The Procter & Gamble Co. 0.70% 8,395 $1.1M Add +0.1%
WDAY Workday Inc. Class A 0.68% 4,133 $1.1M Reduce -2.5%
PLNT Planet Fitness Inc. Class A 0.63% 9,887 $978K No change
CSCO Cisco Systems Inc. 0.56% 14,646 $867K Reduce -1.2%
GOOG Alphabet Inc. Class C 0.55% 4,529 $863K Add +0.0%
VWO Vanguard Ftse Emerging Marke 0.53% 18,770 $827K Add +1.8%
AXP American Express Co. 0.52% 2,733 $811K Reduce -6.2%
CVS CVS Health Corp. 0.50% 17,223 $773K Reduce -42.0%
ABT Abbott Laboratories 0.49% 6,739 $762K Reduce -0.5%
LMT Lockheed Martin Corp. 0.48% 1,541 $749K Add +0.4%
MTG Mgic Investment Corp. 0.47% 30,656 $727K Add +0.5%
HON Honeywell International Inc. 0.45% 3,139 $709K Add +0.2%
COST Costco Wholesale Corp. 0.42% 718 $658K No change
RF Regions Financial Corp. 0.41% 26,979 $635K Add +1.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.38% 5,287 $589K Reduce -5.8%
GLD SPDR Gold Shares 0.37% 2,390 $579K No change
HHH Howard Hughes Holdings Inc. 0.36% 7,262 $559K Reduce -0.6%
ETN Eaton Corp. PLC 0.33% 1,569 $521K No change
PNC PNC Financial Services Group 0.30% 2,452 $473K Add +0.9%
INDA iShares MSCI India ETF 0.30% 8,811 $464K No change
QQQ Invesco QQQ Trust Series 1 0.28% 848 $433K Add +0.4%
RS Reliance Inc. 0.28% 1,606 $432K Reduce -4.2%
PFE Pfizer Inc. 0.27% 15,738 $418K Reduce -21.7%
PLTR Palantir Technologies Inc. Class A 0.25% 5,148 $389K No change
NVS Novartis AG-Sponsored ADR 0.24% 3,905 $380K No change
TSLA Tesla Inc. 0.23% 897 $362K No change
NBR Nabors Industries Ltd. 0.22% 6,020 $344K No change
INTC Intel Corp. 0.22% 17,108 $343K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 1,547 $340K Add +0.3%
IAU iShares Gold Trust 0.22% 6,829 $338K No change
MDT Medtronic PLC 0.22% 4,205 $336K Reduce -1.9%
WMT Walmart Inc. 0.20% 3,498 $316K No change
AMD Advanced Micro Devices 0.20% 2,607 $315K No change
GS Goldman Sachs Group Inc. 0.19% 527 $302K Add +0.4%
ETW Eaton Vance T/M GLBL Buy-WR 0.19% 35,710 $301K Add +2.4%
MMM 3M Co. 0.19% 2,286 $295K No change
MCO Moody's Corp. 0.19% 619 $293K No change
DOCU Docusign Inc. 0.19% 3,230 $291K No change
BMY Bristol-Myers Squibb Co. 0.18% 5,046 $285K Reduce -13.1%
HD Home Depot Inc. 0.18% 704 $274K No change
AMGN Amgen Inc. 0.17% 1,000 $261K No change
LLY Eli Lilly & Co. 0.16% 325 $251K No change
CI The Cigna Group 0.15% 868 $240K No change
JAZZ Jazz Pharmaceuticals PLC 0.15% 1,915 $236K Reduce -11.8%
LI Li Auto Inc. - ADR 0.14% 9,384 $225K No change
NEE Nextera Energy Inc. 0.14% 3,105 $223K Add +0.2%
TSM Taiwan Semiconductor-SP ADR 0.14% 1,127 $223K No change
T AT&T Inc. 0.14% 9,572 $218K Add +0.8%
LULU Lululemon Athletica Inc. 0.14% 551 $211K No change
A Agilent Technologies Inc. 0.13% 1,484 $199K No change
VZ Verizon Communications Inc. 0.13% 4,946 $198K Reduce -1.1%
CVX Chevron Corp. 0.13% 1,352 $196K Add +0.1%
KMB Kimberly-Clark Corp. 0.12% 2,865 $193K Reduce -0.8%
REGN Regeneron Pharmaceuticals 0.12% 266 $189K No change
SPOT Spotify Technology SA 0.11% 395 $177K No change
UAL United Airlines Holdings Inc. 0.10% 1,550 $151K No change
MCD McDonald's Corp. 0.09% 508 $147K No change
GDX Vaneck Gold Miners ETF 0.09% 4,300 $146K Add +1.1%
MA Mastercard Inc. Class A 0.09% 275 $145K No change
PLD Prologis Inc. 0.09% 1,343 $142K No change
ESTA Establishment Labs Holdings 0.09% 2,931 $135K No change
ORCL Oracle Corp. 0.09% 800 $133K No change
DXJ Wisdomtree Japan Hedged Eq 0.08% 1,200 $132K No change
MRK Merck & Co. Inc. 0.08% 1,205 $120K Reduce -0.6%
AFRM Affirm Holdings Inc. 0.07% 1,811 $110K No change
HOG Harley-Davidson Inc. 0.07% 3,610 $109K Reduce -3.3%
DFAC Dimensional US Core Equity 2 0.07% 3,055 $106K New

Show all 239 holdings

Portfolio Sells Q3 2024 → Q4 2024
STX Seagate Technology Holdings Reduce -0.9% 2.92% −0.83
CVS CVS Health Corp. Reduce -42.0% 0.50% −0.71
UPS United Parcel Service Class B Reduce -32.3% 0.84% −0.51
LHX L3HARRIS Technologies Inc. Reduce -1.1% 1.92% −0.29
XOM Exxon Mobil Corp. Reduce -0.8% 2.71% −0.28
PROTAGONIST THERAPEUTICS INC Reduce -0.6% 1.52% −0.27
STWD Starwood Property Trust Inc. Reduce -3.3% 2.18% −0.25
JNJ Johnson & Johnson Reduce -10.9% 0.74% −0.19
MLKN Millerknoll Inc. Reduce -5.7% 0.72% −0.12
PFE Pfizer Inc. Reduce -21.7% 0.27% −0.11
GNRC Generac Holdings Inc. Reduce -53.6% 0.03% −0.04
RS Reliance Inc. Reduce -4.2% 0.28% −0.03
MDT Medtronic PLC Reduce -1.9% 0.22% −0.03
HOG Harley-Davidson Inc. Reduce -3.3% 0.07% −0.02
VZ Verizon Communications Inc. Reduce -1.1% 0.13% −0.02
KMB Kimberly-Clark Corp. Reduce -0.8% 0.12% −0.01
MRK Merck & Co. Inc. Reduce -0.6% 0.08% −0.01
BP BP PLC-Spons ADR Reduce -32.5% 0.02% −0.01
BMY Bristol-Myers Squibb Co. Reduce -13.1% 0.18% −0.01
ABT Abbott Laboratories Reduce -0.5% 0.49% −0.01
BCAB Bioatla Inc. Reduce -14.3% 0.00% −0.01
HHH Howard Hughes Holdings Inc. Reduce -0.6% 0.36% −0.01
JAZZ Jazz Pharmaceuticals PLC Reduce -11.8% 0.15% −0.00
WBD Warner Bros Discovery Inc. Reduce -48.9% 0.01% −0.00
APA Apa Corp. Reduce -5.2% 0.02% −0.00
PACB Pacific Biosciences of Calif Reduce -19.0% 0.01% −0.00
OGN Organon & Co. Reduce -61.8% 0.00% −0.00
LUMN Lumen Technologies Inc. Reduce -34.9% 0.00% −0.00
SEG Seaport Entertainment Group Reduce -0.3% 0.01% +0.00
AXP American Express Co. Reduce -6.2% 0.52% +0.01
WDAY Workday Inc. Class A Reduce -2.5% 0.68% +0.02
META Meta Platforms Inc. Class A Reduce -0.6% 1.66% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.8% 2.78% +0.02
FDX FedEx Corp. Reduce -1.5% 3.39% +0.03
DIS The Walt Disney Co. Reduce -5.8% 0.38% +0.03
NVDA Nvidia Corp. Reduce -4.0% 0.72% +0.04
CSCO Cisco Systems Inc. Reduce -1.2% 0.56% +0.05
BA The Boeing Co. Reduce -0.2% 1.13% +0.15
FUN Six Flags Entertainment Corp. Reduce -2.8% 1.26% +0.17
LUV Southwest Airlines Co. Reduce -2.5% 2.68% +0.25
AMZN Amazon.com Inc. Reduce -0.4% 2.35% +0.34
NCLH Norwegian Cruise Line Holdin Reduce -3.0% 2.53% +0.44
AAPL Apple Inc. Reduce -0.5% 13.22% +0.81

Portfolio Buys Q3 2024 → Q4 2024
GILD Gilead Sciences Inc. Add +0.6% 4.46% +0.42
SCHW Schwab (charles) Corp. Add +0.1% 3.32% +0.40
JPM JPMorgan Chase & Co. Add +0.3% 2.14% +0.26
GOOGL Alphabet Inc. Class A Add +0.1% 1.55% +0.19
V Visa Inc. Class A Add +0.2% 1.17% +0.15
DFAC Dimensional US Core Equity 2 New 0.07% +0.07
GOOG Alphabet Inc. Class C Add +0.0% 0.55% +0.07
VTI VG Morningstar TS MKT ETF-US Add +0.6% 2.42% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.97% +0.06
HON Honeywell International Inc. Add +0.2% 0.45% +0.04
PG The Procter & Gamble Co. Add +0.1% 0.70% +0.03
GS Goldman Sachs Group Inc. Add +0.4% 0.19% +0.03
PNC PNC Financial Services Group Add +0.9% 0.30% +0.01
QQQ Invesco QQQ Trust Series 1 Add +0.4% 0.28% +0.01
RF Regions Financial Corp. Add +1.1% 0.41% +0.01
BOH Bank of Hawaii Corp. Add +1.0% 0.04% +0.01
T AT&T Inc. Add +0.8% 0.14% +0.01
AB Alliancebernstein Holding LP Add +2.1% 0.06% +0.00
VTRS Viatris Inc. Add +0.5% 0.02% +0.00
XETYX Eaton Vance Tax-MGD Div Eqty Add +2.0% 0.03% +0.00
CHI Calamos Convert Opport & Inc. Add +2.5% 0.00% +0.00
CMCSA Comcast Corp. Class A Add +1.5% 0.00% −0.00
VIG Vanguard Dividend Apprec ETF Add +0.2% 0.06% −0.00
DEO Diageo PLC-Sponsored ADR Add +1.6% 0.01% −0.00
FBIN Fortune Brands Innovations I Add +1.6% 0.00% −0.00
IBM Intl Business Machines Corp. Add +0.3% 0.22% −0.00
ETW Eaton Vance T/M GLBL Buy-WR Add +2.4% 0.19% −0.00
NOBL Proshares S&P 500 Dividend A Add +1.2% 0.04% −0.00
CVX Chevron Corp. Add +0.1% 0.13% −0.00
EIX Edison International Add +0.9% 0.04% −0.00
URI United Rentals Inc. Add +1.5% 0.03% −0.00
EWW iShares MSCI Mexico ETF Add +3.2% 0.05% −0.01
CE Celanese Corp. Add +0.5% 0.01% −0.01
GDX Vaneck Gold Miners ETF Add +1.1% 0.09% −0.02
NEE Nextera Energy Inc. Add +0.2% 0.14% −0.03
MTG Mgic Investment Corp. Add +0.5% 0.47% −0.04
VWO Vanguard Ftse Emerging Marke Add +1.8% 0.53% −0.04
MSFT Microsoft Corp. Add +0.1% 2.29% −0.05
CPF Central Pacific Financial Co. Add +0.3% 3.45% −0.06
LMT Lockheed Martin Corp. Add +0.4% 0.48% −0.10
CPRI Capri Holdings Ltd. Add +88.5% 4.37% −0.32

Notes & Other Activity Q3 2024 → Q4 2024
SEAPORT ENTERTAINMENT GR-RTS RIGHT 10/10/2024 Sold out 722 $2Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 208$261.5MSTX, VBIL, AAPL, NVDA, GILD
Q1 2026 219$219.9MBIL, AAPL, STX, GILD, XOM
Q4 2025 224$225.1MBIL, AAPL, STX, CPRI, GILD
Q3 2025 222$216.2MBIL, AAPL, STX, NVDA, GILD
Q2 2025 221$164.4MAAPL, STX, GILD, SCHW, NVDA
Q1 2025 221$148.4MAAPL, GILD, CPRI, SCHW, CPF
Q4 2024 239$155.9MAAPL, GILD, CPRI, NOW, CPF
Q3 2024 238$155.2MAAPL, CPRI, GILD, STX, CPF
Q2 2024 245$146.5MAAPL, FDX, CPRI, STX, GILD
Q1 2024 243$148.0MAAPL, CPRI, FDX, SCHW, GILD