Two Seas Capital LP
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| STATE STR SPDR S&P 500 ETF T(SPY)(Put) | 3,707,000 | 6,468,600 | +2,761,600 | 2,527,877,440 | 4,206,789,324 | — | +1,678,911,884 |
| SPDR SERIES TRUST(Put) ST STR SP BIOT | 0 | 1,928,000 | +1,928,000 | 0 | 246,263,440 | — | +246,263,440 |
| APPLE INC(AAPL)(Put) | 0 | 850,000 | +850,000 | 0 | 215,721,500 | — | +215,721,500 |
| INDIVIOR PHARMACEUTICALS INC(INDV) | 0 | 4,746,510 | +4,746,510 | 0 | 144,673,625 | 6.68% | +144,673,625 |
| NEKTAR THERAPEUTICS(NKTR) | 745,185 | 1,959,178 | +1,213,993 | 31,506,422 | 140,962,857 | 6.51% | +109,456,435 |
| FIRST SOLAR INC(FSLR)(Call) | 0 | 458,700 | +458,700 | 0 | 90,483,162 | — | +90,483,162 |
| CALUMET INC(CLMT) | 6,976,229 | 5,960,292 | -1,015,937 | 138,617,670 | 213,974,483 | 9.88% | +75,356,813 |
| SABLE OFFSHORE CORP | 1,733,239 | 5,496,711 | +3,763,472 | 15,633,816 | 90,805,666 | 4.19% | +75,171,850 |
| MODERNA INC(MRNA)(Put) | 0 | 1,100,000 | +1,100,000 | 0 | 55,880,000 | — | +55,880,000 |
| ROIVANT SCIENCES LTD(ROIV) | 9,791,891 | 9,328,291 | -463,600 | 212,484,035 | 258,393,661 | 11.93% | +45,909,626 |
| ECHOSTAR CORP(ECHO)(Call) | 0 | 375,000 | +375,000 | 0 | 43,901,250 | — | +43,901,250 |
| TALEN ENERGY CORP(TLN) | 391,974 | 579,129 | +187,155 | 146,927,534 | 184,875,351 | 8.53% | +37,947,817 |
| CORE SCIENTIFIC INC NEW(CORZ)(Put) | 240,000 | 2,000,000 | +1,760,000 | 3,494,400 | 29,920,000 | — | +26,425,600 |
| FTAI AVIATION LTD(FTAI) | 186,209 | 255,507 | +69,298 | 36,655,242 | 62,599,215 | 2.89% | +25,943,973 |
| GOLAR LNG LTD SHS | 1,170,998 | 1,274,710 | +103,712 | 43,572,836 | 68,974,558 | 3.18% | +25,401,722 |
| USA TODAY CO INC(TDAY) | 14,552,621 | 14,045,443 | -507,178 | 74,945,998 | 99,020,373 | 4.57% | +24,074,375 |
| ARBUTUS BIOPHARMA CORP(ABUS) | 12,589,158 | 18,557,543 | +5,968,385 | 60,553,850 | 83,508,944 | 3.85% | +22,955,094 |
| CIPHER DIGITAL INC(CIFR) | 305,756 | 2,050,000 | +1,744,244 | 4,512,959 | 26,383,500 | 1.22% | +21,870,541 |
| UNIQURE NV(QURE) | 0 | 1,300,000 | +1,300,000 | 0 | 21,255,000 | 0.98% | +21,255,000 |
| TRANSALTA CORP(TAC) | 0 | 1,597,900 | +1,597,900 | 0 | 20,932,490 | 0.97% | +20,932,490 |
| STAAR SURGICAL CO(STAA) | 0 | 1,036,973 | +1,036,973 | 0 | 19,391,395 | 0.89% | +19,391,395 |
| BITDEER TECHNOLOGIES GROUP(BTDR) | 0 | 2,223,999 | +2,223,999 | 0 | 19,237,591 | 0.89% | +19,237,591 |
| GOLAR LNG LTD(Call) SHS | 0 | 250,000 | +250,000 | 0 | 13,527,500 | — | +13,527,500 |
| SHARONAI HOLDINGS INC(SHAZ) | 0 | 416,666 | +416,666 | 0 | 9,470,818 | 0.44% | +9,470,818 |
| SOTERA HEALTH CO(SHC) | 4,412,106 | 6,023,371 | +1,611,265 | 77,829,550 | 86,375,140 | 3.99% | +8,545,590 |
| IMMUNOVANT INC(IMVT) | 2,866,962 | 3,201,962 | +335,000 | 72,878,174 | 79,536,736 | 3.67% | +6,658,562 |
| SONOS INC(SONO) | 322,462 | 919,327 | +596,865 | 5,662,433 | 12,318,982 | 0.57% | +6,656,549 |
| TERAWULF INC(WULF) | 4,502,794 | 4,024,005 | -478,789 | 51,737,103 | 58,066,392 | 2.68% | +6,329,289 |
| PAVMED INC | 0 | 461,539 | +461,539 | 0 | 4,684,621 | 0.22% | +4,684,621 |
| ECHOSTAR CORP(ECHO) | 402,135 | 382,135 | -20,000 | 43,712,075 | 44,736,544 | 2.06% | +1,024,469 |
| DARLING INGREDIENTS INC(DAR) | 0 | 16,527 | +16,527 | 0 | 1,022,195 | 0.05% | +1,022,195 |
| LUCID DIAGNOSTICS INC | 3,000,000 | 3,000,000 | 0 | 3,270,000 | 3,450,000 | 0.16% | +180,000 |
| FERMI INC(FRMI) | 0 | 25,211 | +25,211 | 0 | 147,232 | 0.01% | +147,232 |
| CORE SCIENTIFIC INC NEW(CORZ) | 289,539 | 289,539 | 0 | 2,449,500 | 2,530,571 | 0.12% | +81,071 |
| CORE SCIENTIFIC INC NEW(CORZ) | 24,107 | 24,107 | 0 | 350,516 | 361,605 | 0.02% | +11,089 |
| ADVISORSHARES TR PURE US CANN ETF | 3,252,409 | 3,302,409 | +50,000 | 15,351,370 | 11,723,552 | 0.54% | -3,627,818 |
| ODYSSEY MARINE EXPL INC | 5,185,029 | 5,592,985 | +407,956 | 10,162,657 | 4,664,549 | 0.22% | -5,498,108 |
| CORE SCIENTIFIC INC NEW(CORZ) | 17,011,221 | 16,151,833 | -859,388 | 247,683,378 | 241,631,422 | 11.15% | -6,051,956 |
| COREWEAVE INC(CRWV) | 110,000 | 0 | -110,000 | 7,877,100 | 0 | — | -7,877,100 |
| NEBIUS GROUP N.V.(NBIS) | 344,482 | 196,475 | -148,007 | 28,834,866 | 20,386,246 | 0.94% | -8,448,620 |
| ADVISORSHARES TR(Call) PURE US CANN ETF | 3,575,300 | 2,225,300 | -1,350,000 | 16,875,416 | 7,899,815 | — | -8,975,601 |
| META PLATFORMS INC(META) | 14,272 | 0 | -14,272 | 9,420,804 | 0 | — | -9,420,804 |
| HUT 8 CORP(HUT) | 491,500 | 250,000 | -241,500 | 22,579,510 | 11,727,500 | 0.54% | -10,852,010 |
| VISTRA CORP(VST) | 249,707 | 185,597 | -64,110 | 40,285,230 | 27,900,797 | 1.29% | -12,384,433 |
| ESPERION THERAPEUTICS INC NE(ESPR) | 11,902,521 | 11,394,833 | -507,688 | 44,039,328 | 31,221,842 | 1.44% | -12,817,486 |
| FIRST SOLAR INC(FSLR) | 284,259 | 302,984 | +18,725 | 74,256,979 | 59,766,624 | 2.76% | -14,490,355 |
| CALUMET INC(CLMT)(Call) | 1,122,000 | 0 | -1,122,000 | 22,294,140 | 0 | — | -22,294,140 |
| ROIVANT SCIENCES LTD(ROIV)(Call) | 2,435,500 | 732,300 | -1,703,200 | 52,850,350 | 20,284,710 | — | -32,565,640 |
| ISHARES BITCOIN TRUST ETF(IBIT)(Put) | 1,218,000 | 500,000 | -718,000 | 60,473,700 | 19,210,000 | — | -41,263,700 |
| HUT 8 CORP(HUT)(Call) | 1,752,500 | 0 | -1,752,500 | 80,509,850 | 0 | — | -80,509,850 |
| CORE SCIENTIFIC INC NEW(CORZ)(Call) | 8,477,600 | 2,534,000 | -5,943,600 | 123,433,856 | 37,908,640 | — | -85,525,216 |
| INDIVIOR PLC | 5,109,198 | 0 | -5,109,198 | 183,318,024 | 0 | — | -183,318,024 |
| ISHARES TR(Put) | 1,050,000 | 0 | -1,050,000 | 258,468,000 | 0 | — | -258,468,000 |