Q1 2026 · 13F-HR
Two Seas Capital LPholdings as filed
Filed 2026-05-15 · accession 0001315863-26-000426
$7.15B
Reported value
47
Positions
2026-03-31
Period end
The Brief · Two Seas Capital LP · Q1 2026
AI · grounded in 13F
Two Seas Capital LP closed its position in IWM, reducing exposure by $258.47M. The fund established new positions in XBI for $246.26M and AAPL for $215.72M. Additionally, the fund accumulated shares in FSLR and NKTR, increasing those holdings by 167.95% and 162.91% respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $4.21B | 58.8% | 6,468,600 | PUT | SOLE |
| G76279101 | ROIV | ROIVANT SCIENCES LTD | $258.4M | 3.61% | 9,328,291 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $246.3M | 3.44% | 1,928,000 | PUT | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $241.6M | 3.38% | 16,151,833 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $215.7M | 3.02% | 850,000 | PUT | SOLE |
| 131428104 | CLMT | CALUMET INC | $214.0M | 2.99% | 5,960,292 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $184.9M | 2.58% | 579,129 | Common | SOLE |
| 45579U109 | INDV | INDIVIOR PHARMACEUTICALS INC | $144.7M | 2.02% | 4,746,510 | Common | SOLE |
| 640268306 | NKTR | NEKTAR THERAPEUTICS | $141.0M | 1.97% | 1,959,178 | Common | SOLE |
| 36472T109 | TDAY | USA TODAY CO INC | $99.0M | 1.38% | 14,045,443 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $90.8M | 1.27% | 5,496,711 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $90.5M | 1.26% | 458,700 | CALL | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $86.4M | 1.21% | 6,023,371 | Common | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $83.5M | 1.17% | 18,557,543 | Common | SOLE |
| 45258J102 | IMVT | IMMUNOVANT INC | $79.5M | 1.11% | 3,201,962 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $69.0M | 0.96% | 1,274,710 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $62.6M | 0.87% | 255,507 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $59.8M | 0.84% | 302,984 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $58.1M | 0.81% | 4,024,005 | Common | SOLE |
| 60770K107 | MRNA | MODERNA INC | $55.9M | 0.78% | 1,100,000 | PUT | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $44.7M | 0.63% | 382,135 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $43.9M | 0.61% | 375,000 | CALL | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $37.9M | 0.53% | 2,534,000 | CALL | SOLE |
| 29664W105 | ESPR | ESPERION THERAPEUTICS INC NE | $31.2M | 0.44% | 11,394,833 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $29.9M | 0.42% | 2,000,000 | PUT | SOLE |
| 92840M102 | VST | VISTRA CORP | $27.9M | 0.39% | 185,597 | Common | SOLE |
| 17253J106 | CIFR | CIPHER DIGITAL INC | $26.4M | 0.37% | 2,050,000 | Common | SOLE |
| N90064101 | QURE | UNIQURE NV | $21.3M | 0.30% | 1,300,000 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $20.9M | 0.29% | 1,597,900 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $20.4M | 0.28% | 196,475 | Common | SOLE |
| G76279101 | ROIV | ROIVANT SCIENCES LTD | $20.3M | 0.28% | 732,300 | CALL | SOLE |
| 852312305 | STAA | STAAR SURGICAL CO | $19.4M | 0.27% | 1,036,973 | Common | SOLE |
| G11448100 | BTDR | BITDEER TECHNOLOGIES GROUP | $19.2M | 0.27% | 2,223,999 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $19.2M | 0.27% | 500,000 | PUT | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $13.5M | 0.19% | 250,000 | CALL | SOLE |
| 83570H108 | SONO | SONOS INC | $12.3M | 0.17% | 919,327 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $11.7M | 0.16% | 250,000 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $11.7M | 0.16% | 3,302,409 | Common | SOLE |
| 778920306 | SHAZ | SHARONAI HOLDINGS INC | $9.5M | 0.13% | 416,666 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $7.9M | 0.11% | 2,225,300 | CALL | SOLE |
| 70387R502 | PAVM | PAVMED INC | $4.7M | 0.07% | 461,539 | Common | SOLE |
| 676118201 | OMEX | ODYSSEY MARINE EXPL INC | $4.7M | 0.07% | 5,592,985 | Common | SOLE |
| 54948X109 | LUCD | LUCID DIAGNOSTICS INC | $3.5M | 0.05% | 3,000,000 | Common | SOLE |
| 21874A114 | CORZW | CORE SCIENTIFIC INC NEW | $2.5M | 0.04% | 289,539 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $1.0M | 0.01% | 16,527 | Common | SOLE |
| 21874A130 | CORZZ | CORE SCIENTIFIC INC NEW | $361,605 | 0.01% | 24,107 | Common | SOLE |
| 314911108 | FRMI | FERMI INC | $147,232 | 0.00% | 25,211 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.