Fund Holdings

Two Seas Capital LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
STATE STR SPDR S&P 500 ETF T(SPY)(Put)06,468,600+6,468,60004,206,789,324+4,206,789,324
SPDR SERIES TRUST(Put)01,928,000+1,928,0000246,263,440+246,263,440
APPLE INC(AAPL)(Put)0850,000+850,0000215,721,500+215,721,500
INDIVIOR PHARMACEUTICALS INC(INDV)04,746,510+4,746,5100144,673,6256.68%+144,673,625
NEKTAR THERAPEUTICS(NKTR)01,959,178+1,959,1780140,962,8576.51%+140,962,857
FIRST SOLAR INC(FSLR)(Call)0458,700+458,700090,483,162+90,483,162
CALUMET INC(CLMT)05,960,292+5,960,2920213,974,4839.88%+213,974,483
SABLE OFFSHORE CORP(SOC)05,496,711+5,496,711090,805,6664.19%+90,805,666
MODERNA INC(MRNA)(Put)01,100,000+1,100,000055,880,000+55,880,000
ROIVANT SCIENCES LTD(ROIV)09,328,291+9,328,2910258,393,66111.93%+258,393,661
ECHOSTAR CORP(SATS)(Call)0375,000+375,000043,901,250+43,901,250
TALEN ENERGY CORP(TLN)0579,129+579,1290184,875,3518.53%+184,875,351
CORE SCIENTIFIC INC NEW(CORZ)(Put)02,000,000+2,000,000029,920,000+29,920,000
FTAI AVIATION LTD(FTAI)0255,507+255,507062,599,2152.89%+62,599,215
GOLAR LNG LTD01,274,710+1,274,710068,974,5583.18%+68,974,558
USA TODAY CO INC(TDAY)014,045,443+14,045,443099,020,3734.57%+99,020,373
ARBUTUS BIOPHARMA CORP(ABUS)018,557,543+18,557,543083,508,9443.85%+83,508,944
CIPHER DIGITAL INC(CIFR)02,050,000+2,050,000026,383,5001.22%+26,383,500
UNIQURE NV(QURE)01,300,000+1,300,000021,255,0000.98%+21,255,000
TRANSALTA CORP(TAC)01,597,900+1,597,900020,932,4900.97%+20,932,490
STAAR SURGICAL CO(STAA)01,036,973+1,036,973019,391,3950.89%+19,391,395
BITDEER TECHNOLOGIES GROUP(BTDR)02,223,999+2,223,999019,237,5910.89%+19,237,591
GOLAR LNG LTD(Call)0250,000+250,000013,527,500+13,527,500
SHARONAI HOLDINGS INC(SHAZ)0416,666+416,66609,470,8180.44%+9,470,818
SOTERA HEALTH CO(SHC)06,023,371+6,023,371086,375,1403.99%+86,375,140
IMMUNOVANT INC(IMVT)03,201,962+3,201,962079,536,7363.67%+79,536,736
SONOS INC(SONO)0919,327+919,327012,318,9820.57%+12,318,982
TERAWULF INC(WULF)04,024,005+4,024,005058,066,3922.68%+58,066,392
PAVMED INC0461,539+461,53904,684,6210.22%+4,684,621
ECHOSTAR CORP(SATS)0382,135+382,135044,736,5442.06%+44,736,544
DARLING INGREDIENTS INC(DAR)016,527+16,52701,022,1950.05%+1,022,195
LUCID DIAGNOSTICS INC03,000,000+3,000,00003,450,0000.16%+3,450,000
FERMI INC(FRMI)025,211+25,2110147,2320.01%+147,232
CORE SCIENTIFIC INC NEW(CORZ)0289,539+289,53902,530,5710.12%+2,530,571
CORE SCIENTIFIC INC NEW(CORZ)024,107+24,1070361,6050.02%+361,605
ADVISORSHARES TR03,302,409+3,302,409011,723,5520.54%+11,723,552
ODYSSEY MARINE EXPL INC05,592,985+5,592,98504,664,5490.22%+4,664,549
CORE SCIENTIFIC INC NEW(CORZ)016,151,833+16,151,8330241,631,42211.15%+241,631,422
COREWEAVE INC(CRWV)000000
NEBIUS GROUP N.V.(NBIS)0196,475+196,475020,386,2460.94%+20,386,246
ADVISORSHARES TR(Call)02,225,300+2,225,30007,899,815+7,899,815
META PLATFORMS INC(META)000000
HUT 8 CORP(HUT)0250,000+250,000011,727,5000.54%+11,727,500
VISTRA CORP(VST)0185,597+185,597027,900,7971.29%+27,900,797
ESPERION THERAPEUTICS INC NE(ESPR)011,394,833+11,394,833031,221,8421.44%+31,221,842
FIRST SOLAR INC(FSLR)0302,984+302,984059,766,6242.76%+59,766,624
CALUMET INC(CLMT)(Call)000000
ROIVANT SCIENCES LTD(ROIV)(Call)0732,300+732,300020,284,710+20,284,710
ISHARES BITCOIN TRUST ETF(IBIT)(Put)0500,000+500,000019,210,000+19,210,000
HUT 8 CORP(HUT)(Call)000000
CORE SCIENTIFIC INC NEW(CORZ)(Call)02,534,000+2,534,000037,908,640+37,908,640
INDIVIOR PLC000000
ISHARES TR(Put)000000
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