Two Seas Capital LP
Holdings as of 2026-09-30, filed 2026-10-06
This is history, not a current position. These holdings describe 2026-09-30, and the report became public 6 days later. The portfolio has changed since.
Aggregates
computed from the positions belowPositions reported
47
Value reported by manager
$8.7B
Sum of our stored positions
$8.7B
should match the line above
Disclosure lag
6 d
quarter end to filing
Top 5 concentration
73.3%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
13
puts and calls
Positions
47 largest shown| Issuer | Class | Value | Shares | Type | CUSIP |
|---|---|---|---|---|---|
| INVESCO QQQ TR | UNIT SER 1 | $4B | 5,393,000 | Put | 46090E103 |
| STATE STR SPDR S&P 500 ETF T | TR UNIT | $1.1B | 1,490,000 | Put | 78462F103 |
| ISHARES TR | RUSSELL 2000 ETF | $688.5M | 2,477,700 | Put | 464287655 |
| CALUMET INC | COM | $276.6M | 5,280,659 | — | 131428104 |
| ROIVANT SCIENCES LTD | SHS | $267.9M | 7,325,356 | — | G76279101 |
| NEKTAR THERAPEUTICS | COM NEW | $202.6M | 3,345,978 | — | 640268306 |
| CORE SCIENTIFIC INC NEW | COM | $182.6M | 11,425,928 | — | 21874A106 |
| TALEN ENERGY CORP | COM | $167.4M | 535,493 | — | 87422Q109 |
| IMMUNOVANT INC | COM | $155.8M | 4,612,692 | — | 45258J102 |
| INDIVIOR PHARMACEUTICALS INC | COM | $131.6M | 3,671,072 | — | 45579U109 |
| SOTERA HEALTH CO | COM | $113M | 6,111,053 | — | 83601L102 |
| SHARONAI HOLDINGS INC | COM CL A | $106.2M | 1,945,876 | — | 778920306 |
| USA TODAY CO INC | COM | $91.2M | 14,504,707 | — | 36472T109 |
| ROIVANT SCIENCES LTD | SHS | $82.1M | 2,244,400 | Call | G76279101 |
| TERAWULF INC | COM | $78.1M | 5,275,000 | Call | 88080T104 |
| CIPHER DIGITAL INC | COM | $68.9M | 4,354,745 | — | 17253J106 |
| ABIVAX SA | SPONSORED ADS | $67M | 676,589 | — | 00370M103 |
| FIRST SOLAR INC | COM | $66.2M | 377,984 | — | 336433107 |
| SABLE OFFSHORE CORP | COM SHS | $59.2M | 17,101,876 | — | 78574H104 |
| GOLAR LNG LTD | SHS | $57.1M | 1,200,679 | — | G9456A100 |
| SOLARIS ENERGY INFRAS INC | COM CL A | $56M | 786,838 | — | 83418M103 |
| VISTRA CORP | COM | $52.4M | 378,854 | — | 92840M102 |
| TERAWULF INC | COM | $50.1M | 3,384,531 | — | 88080T104 |
| ECHOSTAR CORP | CL A | $48.7M | 544,646 | — | 278768106 |
| QUANTUM CORP | COM | $47.3M | 1,490,992 | — | 747906600 |
| TALEN ENERGY CORP | COM | $46.9M | 150,000 | Call | 87422Q109 |
| FTAI AVIATION LTD | SHS | $45.3M | 271,260 | — | G3730V105 |
| CORE SCIENTIFIC INC NEW | COM | $43.9M | 2,750,000 | Call | 21874A106 |
| CIPHER DIGITAL INC | COM | $40.5M | 2,560,000 | Call | 17253J106 |
| ARBUTUS BIOPHARMA CORP | COM | $38.9M | 8,143,994 | — | 03879J100 |
| SHARONAI HOLDINGS INC | COM CL A | $32.3M | 592,300 | Call | 778920306 |
| UNIQURE NV | SHS | $32M | 1,324,022 | — | N90064101 |
| SPACE EXPLORATION TECHN CORP | CLASS A COM STK | $31.5M | 208,890 | — | 84615Q103 |
| HUT 8 CORP | COM | $30M | 347,942 | — | 44812J104 |
| STAAR SURGICAL CO | COM PAR $0.01 | $29.5M | 1,304,957 | — | 852312305 |
| X-ENERGY INC | COM CL A | $19.8M | 1,394,413 | — | 98386P102 |
| GOLAR LNG LTD | SHS | $11.9M | 250,000 | Call | G9456A100 |
| ADVISORSHARES TR | PURE US CANN ETF | $10.1M | 2,225,300 | Call | 00768Y453 |
| SABLE OFFSHORE CORP | COM SHS | $6.2M | 1,800,000 | Call | 78574H104 |
| LUCID DIAGNOSTICS INC | COM | $4.5M | 6,000,000 | — | 54948X109 |
| ODYSSEY MARINE EXPL INC | COM NEW | $3.8M | 5,592,985 | — | 676118201 |
| IREN LIMITED | ORDINARY SHARES | $3M | 74,500 | Call | Q4982L109 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | $2.7M | 289,539 | — | 21874A114 |
| PAVMED INC | COM | $1.7M | 461,539 | — | 70387R502 |
| FERMI INC | COM | $1.5M | 352,671 | — | 314911108 |
| APPLIED DIGITAL CORP | COM NEW | $1.2M | 50,000 | — | 038169207 |
| CORE SCIENTIFIC INC NEW | *W EXP 01/23/202 | $389.1K | 24,107 | — | 21874A130 |
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.
Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-10-06