Fund Holdings

Two Seas Capital LP

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
ISHARES TR(Put)01,450,000+1,450,0000350,842,000+350,842,000
SPDR S&P 500 ETF TR(SPY)(Put)5,987,5005,802,300-185,2003,699,376,8753,865,376,214+165,999,339
COREWEAVE INC(CRWV)(Call)01,180,000+1,180,0000161,483,000+161,483,000
CORE SCIENTIFIC INC NEW(CORZ)6,770,02715,363,978+8,593,951115,564,361275,629,76516.57%+160,065,404
INDIVIOR PLC11,407,79510,504,152-903,643168,150,898253,255,10515.22%+85,104,207
FIRST SOLAR INC(FSLR)10,000340,692+330,6921,655,40075,132,8074.52%+73,477,407
ROIVANT SCIENCES LTD(ROIV)10,598,04011,754,164+1,156,124119,439,911177,840,50110.69%+58,400,590
COREWEAVE INC(CRWV)0279,051+279,051038,188,1292.30%+38,188,129
ROIVANT SCIENCES LTD(ROIV)(Call)02,435,500+2,435,500036,849,115+36,849,115
CALUMET INC(CLMT)4,497,6095,752,538+1,254,92970,859,830104,983,8196.31%+34,123,989
TERAWULF INC(WULF)2,287,1003,851,188+1,564,08810,017,49843,980,5672.64%+33,963,069
PG&E CORP(PCG)(Call)01,910,800+1,910,800028,814,864+28,814,864
AVADEL PHARMACEUTICALS PLC6,155,0745,369,082-785,99254,472,40581,985,8824.93%+27,513,477
SABLE OFFSHORE CORP(Call)01,500,000+1,500,000026,190,000+26,190,000
TALEN ENERGY CORP(TLN)300,698266,888-33,81087,433,957113,528,8176.82%+26,094,860
FTAI AVIATION LTD(FTAI)178,844269,601+90,75720,574,21444,985,6232.70%+24,411,409
ECHOSTAR CORP(ECHO)0292,470+292,470022,333,0091.34%+22,333,009
GANNETT CO INC(TDAY)11,230,62114,180,621+2,950,00040,205,62358,565,9653.52%+18,360,342
CALUMET INC(CLMT)(Call)01,000,000+1,000,000018,250,000+18,250,000
ARBUTUS BIOPHARMA CORP(ABUS)10,443,31710,991,261+547,94432,269,85049,900,3253.00%+17,630,475
ADVISORSHARES TR(Call)03,575,300+3,575,300017,125,687+17,125,687
ESPERION THERAPEUTICS INC NE(ESPR)9,954,9759,749,724-205,2519,799,67725,836,7691.55%+16,037,092
NEBIUS GROUP N.V.(NBIS)250,000234,482-15,51813,832,50026,325,2941.58%+12,492,794
IMMUNOVANT INC(IMVT)2,252,7722,762,040+509,26836,044,35244,524,0852.68%+8,479,733
SOTERA HEALTH CO(SHC)4,020,8673,373,228-647,63944,712,04153,060,8763.19%+8,348,835
BITDEER TECHNOLOGIES GROUP(BTDR)0450,000+450,00007,690,5000.46%+7,690,500
ODYSSEY MARINE EXPL INC1,430,7694,570,011+3,139,2421,688,3078,911,5210.54%+7,223,214
ADVISORSHARES TR01,500,000+1,500,00007,185,0000.43%+7,185,000
GOLAR LNG LTD909,3551,095,998+186,64337,456,33244,289,2792.66%+6,832,947
META PLATFORMS INC(META)15,06524,272+9,20711,119,32617,824,8711.07%+6,705,545
SONOS INC(SONO)281,042531,042+250,0003,038,0648,390,4640.50%+5,352,400
CIPHER MINING INC(CIFR)250,000462,000+212,0001,195,0005,816,5800.35%+4,621,580
LUCID DIAGNOSTICS INC03,000,000+3,000,00003,030,0000.18%+3,030,000
CORE SCIENTIFIC INC NEW(CORZ)(Call)3,400,0003,400,000058,038,00060,996,000+2,958,000
ANI PHARMACEUTICALS INC(ANIP)025,721+25,72102,356,0440.14%+2,356,044
GALAXY DIGITAL INC.(GLXY)035,000+35,00001,183,3500.07%+1,183,350
SABLE OFFSHORE CORP441,677614,044+172,3679,708,06010,721,2080.64%+1,013,148
CORE SCIENTIFIC INC NEW(CORZ)24,10724,1070413,676432,4800.03%+18,804
CORE SCIENTIFIC INC NEW(CORZ)336,378289,539-46,8393,649,7013,367,3390.20%-282,362
WOLFSPEED INC(WOLF)2,412,1110-2,412,111961,9500-961,950
NRG ENERGY INC(NRG)15,0000-15,0002,408,7000-2,408,700
BURFORD CAP LTD1,577,6701,602,067+24,39722,497,57419,160,7211.15%-3,336,853
APPLIED DIGITAL CORP500,0000-500,0005,035,0000-5,035,000
ADAPTIMMUNE THERAPEUTICS PLC22,580,7010-22,580,7015,412,5940-5,412,594
ARDELYX INC1,539,4160-1,539,4166,034,5110-6,034,511
PROSHARES TR500,0000-500,0009,785,0000-9,785,000
VISTRA CORP(VST)231,257170,000-61,25744,819,91933,306,4002.00%-11,513,519
IREN LIMITED971,8910-971,89114,160,4520-14,160,452
CONSTELLATION ENERGY CORP(CEG)47,6880-47,68815,391,7790-15,391,779
SUNRUN INC(RUN)(Put)1,942,7000-1,942,70015,891,2860-15,891,286
HUMANA INC(HUM)(Call)411,5000-411,500100,603,5200-100,603,520
FIRST SOLAR INC(FSLR)(Call)2,844,0000-2,844,000470,795,7600-470,795,760
ISHARES TR(Put)7,325,5000-7,325,500590,801,5750-590,801,575
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