SMMT β€” SUMMIT THERAPEUTICS INC

Ownership history in Twin Tree Management, LP  Β·  12 quarters on record

This page tracks every 13F SEC filing in which Twin Tree Management, LP reported a position in SUMMIT THERAPEUTICS INC (SMMT). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.04% (2024 Q3)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2024 Q2
πŸ“… Last filed
2025 Q3
⏱ Quarters held
12

Position Intelligence

Twin Tree Management, LP Γ— SMMT AI Analytics

πŸ“‰ Twin Tree Management, LP underperformed the S&P 500 by –8.1% annually on this SMMT position. Timing score: 50% (5/10 decisions correct). Average cost basis: $19.57. Maximum drawdown during holding period: –18.5%.

πŸ“ˆ Position Alpha vs SPY
-8.1%
annualised excess return

❌ Significantly underperformed the S&P 500 by 8.1% ann.
10 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
5 of 10 add/trim decisions correct

πŸ’° Entry Quality
$19.57
+5.6% vs current ($20.66)

Best entry: $17.84 (2024 Q4)  Β·  Worst: $21.90 (2024 Q3)

πŸ›‘οΈ Drawdown Resilience
–18.5%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
33%
buy-side decisions

4 adds Β· 8 trims. Bought during 1 of 2 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    SMMT price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 27,300 -10,900 -28.5% 0.00% $564K $20.66
2025 Q2 REDUCED 38,200 -67,400 -63.8% 0.00% $813K $21.28
2025 Q1 REDUCED 105,600 -233,485 -68.9% 0.00% $2.0M $19.29
2025 Q1 REDUCED 339,085 -314,515 -48.1% 0.01% $6.5M $19.29
2025 Q1 ADDED 653,600 +420,700 +180.6% 0.02% $12.6M $19.29
2024 Q4 REDUCED 232,900 -262,882 -53.0% 0.01% $4.2M $17.84
2024 Q4 REDUCED 495,782 -671,118 -57.5% 0.02% $8.8M $17.84
2024 Q4 ADDED 1,166,900 +1,128,300 +2923.1% 0.04% $20.8M $17.84
2024 Q3 REDUCED 38,600 -185,226 -82.8% 0.00% $845K $21.90
2024 Q3 REDUCED 223,826 -666,674 -74.9% 0.01% $4.9M $21.90
2 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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