DeepCurrents Investment Group LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), DeepCurrents Investment Group LLC reported 28 stock positions worth $44.3 million. Its top holding was Western Digital (WDC) at 22.5% of the portfolio, followed by Trip.com Group Ltd.-ADR (TCOM, 12.4%) and Jd.com Inc.-ADR (JD, 10.6%). Compared with Q3 2024, it opened 12 new positions, sold out of 9, added to 3 and reduced 8. The biggest buy was a new position in Trip.com Group Ltd.-ADR (TCOM) and the biggest sale Biomarin Pharmaceutical (BMRN, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001754535
- Portfolio Value
- $44.3M (Q4 2024)
- SEC Filing
- 0001420506-25-000574 ↗ filed Feb 14, 2025
Holdings Value
Holdings 28 stocks · $44.3M
| WDC Western Digital Corp. | 22.52% | 167,398 | $10.0M | Add +7.7% |
| TCOM Trip.com Group Ltd.-ADR | 12.40% | 80,066 | $5.5M | New |
| JD Jd.com Inc.-ADR | 10.57% | 135,113 | $4.7M | Reduce -0.6% |
| BMRN Biomarin Pharmaceutical Inc. | 7.60% | 51,249 | $3.4M | Reduce -28.6% |
| T AT&T Inc. | 4.90% | 160,233 | $2.2M | New |
| SE Sea Ltd.-ADR | 4.52% | 18,900 | $2.0M | New |
| ALRM Alarm.com Holdings Inc. | 4.51% | 32,902 | $2.0M | Add +16.0% |
| CORZ Core Scientific Inc. | 4.47% | 140,924 | $2.0M | Reduce -24.9% |
| GPN Global Payments Inc. | 3.14% | 12,423 | $1.4M | No change |
| INDI Indie Semiconductor Inc. Class A | 2.79% | 305,547 | $1.2M | New |
| ALTR Altair Engineering Inc. Class A | 2.46% | 10,000 | $1.1M | New |
| CHX Championx Corp. | 2.38% | 38,836 | $1.1M | Reduce -41.5% |
| X United States Steel Corp. | 2.36% | 30,768 | $1.0M | Add +111.4% |
| HCP Hashicorp Inc. Class A | 2.32% | 30,000 | $1.0M | New |
| ATSG Air Transport Services Group | 2.15% | 43,438 | $955K | New |
| BA The Boeing Co. | 2.02% | 5,062 | $896K | Reduce -11.4% |
| EEFT Euronet Worldwide Inc. | 1.81% | 7,782 | $800K | Reduce -34.8% |
| EVH Evolent Health Inc. Class A | 1.33% | 52,389 | $589K | New |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.28% | 1,956 | $566K | New |
| ARCC Ares Capital Corp. | 0.84% | 17,007 | $372K | No change |
| MFC Manulife Financial Corp. | 0.70% | 10,130 | $311K | Reduce -63.5% |
| SMCI Super Micro Computer Inc. | 0.64% | 9,258 | $282K | New |
| ZYXIQ Zynex Inc. | 0.59% | 32,690 | $262K | New |
| SRDX Surmodics Inc. | 0.59% | 6,563 | $260K | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.52% | 23,472 | $230K | Reduce -67.9% |
| TLRY Tilray Brands Inc. | 0.32% | 107,416 | $143K | No change |
| NIO Nio Inc. - ADR | 0.16% | 16,503 | $72K | No change |
| RVNC Revance Therapeutics Inc. | 0.10% | 14,706 | $45K | No change |
Options reported separately and not counted above: TLT calls ($26.2M), MFC puts ($16.3M), NKE calls ($15.1M), REAL calls ($14.6M), TU puts ($13.4M), IWM calls ($12.3M), ACI calls ($11.0M), WFC puts ($10.5M), BMRN calls ($4.9M), CVS calls ($4.5M), INTC calls ($4.0M), OMER puts ($3.4M), and 13 more.
Other holdings (109): bonds, preferreds, convertibles and warrants · $3.0B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | 85,206,000 | $108.2M | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 77,933,000 | $104.8M | Add +22.4% |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | 44,310,000 | $96.4M | Add +2.3% |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 34,500,000 | $90.9M | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 33,500,000 | $87.4M | Add +59.5% |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | 57,456,000 | $83.6M | Add +9.5% |
| INSIGHT ENTERPRS (NSIT 0.75 02/15/25) | NOTE 0.750% 2/1 · principal | 36,048,000 | $81.4M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 56,750,000 | $71.8M | Add +18.2% |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 69,468,000 | $66.3M | Add +3.6% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 52,918,000 | $65.7M | No change |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 66,139,000 | $65.7M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 65,101,000 | $62.6M | Add +24.9% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 28,634,000 | $62.2M | Add +2.1% |
| DYNAVAX TECHNOLOGIES (DVAX 2.5 05/15/26) | NOTE 2.500% 5/1 · principal | 43,500,000 | $57.1M | No change |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | 58,000,000 | $56.7M | Add +2800.0% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 49,505,000 | $55.4M | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 56,213,000 | $54.2M | Add +14.7% |
| VARONIS SYSTEM INC (VRNS 1.25 08/15/25) | NOTE 1.250% 8/1 · principal | 36,250,000 | $52.8M | No change |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | 44,494,000 | $51.5M | Add +15.5% |
| INNOVIVA INC (INVA 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | 45,467,000 | $50.2M | Add +22.8% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 48,528,000 | $46.6M | No change |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 45,750,000 | $43.4M | Add +26.2% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 27,862,000 | $43.2M | Reduce -41.8% |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | NOTE 2.250% 4/1 · principal | 32,285,000 | $42.1M | No change |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | 40,075,000 | $39.9M | Add +26.9% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 36,900,000 | $39.4M | Add +2.8% |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 40,272,000 | $38.8M | Add +21.5% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 26,383,000 | $36.5M | Add +22.7% |
| EVOLENT HEALTH INC (EVH 1.5 10/15/25) | NOTE 1.500%10/1 · principal | 36,213,000 | $35.3M | No change |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 30,151,000 | $33.4M | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 35,000,000 | $31.8M | New |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | 36,500,000 | $31.8M | Add +82.5% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 33,748,000 | $31.6M | Add +21.6% |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 30,349,000 | $28.6M | No change |
| ARTIVION INC (AORT 4.25 07/01/25) | NOTE 4.250% 7/0 · principal | 21,975,000 | $28.2M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 29,905,000 | $28.1M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 26,776,000 | $27.4M | No change |
| GOPRO INC (GPRO 1.25 11/15/25) | NOTE 1.250%11/1 · principal | 30,110,000 | $26.9M | No change |
| CANADIAN SOLAR INC (CSIQ 2.5 10/01/25) | NOTE 2.500%10/0 · principal | 27,809,000 | $26.1M | No change |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 26,505,000 | $25.6M | Add +307.5% |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 28,167,000 | $25.5M | No change |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 25,050,000 | $25.1M | Add +1.2% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 23,257,000 | $24.8M | Add +0.6% |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | 25,614,000 | $24.3M | Add +1.0% |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 25,922,000 | $24.3M | Add +10.5% |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 28,229,000 | $24.1M | No change |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 25,567,000 | $23.9M | Add +18.6% |
| IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26) | NOTE 1.500% 6/1 · principal | 25,000,000 | $23.6M | No change |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | 25,965,000 | $23.4M | Add +0.1% |
| CAMTEK LTD/ISRAEL (CAMT 0 12/01/26) | NOTE 12/0 · principal | 15,485,000 | $23.2M | No change |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 22,000,000 | $22.8M | No change |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 24,500,000 | $22.1M | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 22,500,000 | $20.2M | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 10,000,000 | $20.2M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 26,310,000 | $20.1M | No change |
| SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) | NOTE 0.250%12/0 · principal | 32,810,000 | $20.0M | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 19,831,000 | $19.6M | Reduce -13.1% |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 15,338,000 | $19.4M | No change |
| CERENCE INC (CRNC 3 06/01/25) | NOTE 3.000% 6/0 · principal | 18,992,000 | $18.7M | No change |
| NEVRO CORP (NVRO 2.75 04/01/25) | NOTE 2.750% 4/0 · principal | 18,417,000 | $18.0M | No change |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 20,173,000 | $17.9M | No change |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 17,508,000 | $17.8M | No change |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 16,406,000 | $17.2M | Add +13.9% |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | 17,438,000 | $16.8M | Add +66.8% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 13,650,000 | $16.5M | Reduce -11.9% |
| Q2 HOLDINGS INC (QTWO 0.125 11/15/25) | NOTE 0.125%11/1 · principal | 15,152,000 | $15.1M | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 27,860,000 | $15.0M | Reduce -6.7% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 10,500,000 | $14.9M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 21,482,000 | $14.9M | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 13,750,000 | $14.9M | No change |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 18,333,000 | $14.2M | No change |
| TILRAY BRANDS INC (TLRY 5.2 06/15/27) | NOTE 5.200% 6/1 · principal | 15,000,000 | $14.2M | No change |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | 13,750,000 | $13.1M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | 12,615,000 | $12.5M | New |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 12,500,000 | $12.1M | Add +733.3% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 24,500,000 | $10.0M | No change |
| SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) | NOTE 2.625% 2/1 · principal | 23,956,000 | $9.6M | Add +108.3% |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 12,155,000 | $9.3M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 9,472,000 | $9.0M | No change |
| I3 VERTICALS LLC (IIIV 1 02/15/25) | NOTE 1.000% 2/1 · principal | 8,723,000 | $8.4M | No change |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | 4,000,000 | $8.3M | New |
| ACCURAY INC (ARAY 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 8,600,000 | $7.9M | No change |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 7,574,000 | $7.8M | New |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | 8,013,000 | $7.7M | Add +60.3% |
| ASSERTIO HOLDINGS INC (ASRT 6.5 09/01/27) | NOTE 6.500% 9/0 · principal | 8,850,000 | $7.6M | Reduce -10.2% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 6,350,000 | $7.6M | No change |
| ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25) | NOTE 2.375% 6/0 · principal | 7,000,000 | $7.5M | No change |
| PAGERDUTY INC. (PD 1.25 07/01/25) | NOTE 1.250% 7/0 · principal | 7,303,000 | $7.1M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 7,224,000 | $6.8M | No change |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 6,316,634 | $6.7M | New |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 41,098,000 | $6.2M | Add +2.5% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 6,139,000 | $5.7M | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 5,500,000 | $5.3M | New |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 5,296,000 | $5.2M | No change |
| GROUPON INC (GRPN 6.25 03/15/27 *) | NOTE 6.250% 3/1 · principal | 5,083,000 | $4.9M | New |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 5,000,000 | $4.6M | Reduce -50.0% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 4,757,000 | $4.6M | Add +89.8% |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | 4,300,000 | $4.4M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 4,500,000 | $4.3M | Reduce -59.1% |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 4,388,000 | $4.3M | No change |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 4,823,000 | $3.8M | Add +164.6% |
| ZYNEX INC (ZYXI 5 05/15/26) | NOTE 5.000% 5/1 · principal | 3,500,000 | $3.4M | Reduce -22.2% |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 12,534,000 | $3.2M | Add +6.8% |
| EVENTBRITE INC (EB 5 12/01/25) | NOTE 5.000%12/0 · principal | 2,800,000 | $2.8M | No change |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 2,500,000 | $2.0M | Reduce -78.8% |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 4,060,000 | $1.9M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 1,500,000 | $1.1M | No change |
| CUTERA INC (CUTR 4 06/01/29) | NOTE 4.000% 6/0 · principal | 11,060,000 | $1.1M | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 500,000 | $762K | Add +40.1% |
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q3 2024 → Q4 2024
| BMRN Biomarin Pharmaceutical Inc. | Reduce -28.6% | 7.60% | −4.67 |
| TU Telus Corp. | Sold out | 0.00% | −4.09 |
| VZIO Vizio Holding Corp. Class A | Sold out | 0.00% | −3.94 |
| ANSS Ansys Inc. | Sold out | 0.00% | −3.81 |
| NVEI Nuvei Corp.-Subordinate VTG | Sold out | 0.00% | −2.82 |
| DFS Discover Financial Services | Sold out | 0.00% | −2.75 |
| JD Jd.com Inc.-ADR | Reduce -0.6% | 10.57% | −2.67 |
| CHX Championx Corp. | Reduce -41.5% | 2.38% | −2.49 |
| MFC Manulife Financial Corp. | Reduce -63.5% | 0.70% | −1.30 |
| EEFT Euronet Worldwide Inc. | Reduce -34.8% | 1.81% | −1.08 |
| IREN Iren Ltd. | Reduce -67.9% | 0.52% | −0.98 |
| MAXNQ Maxeon Solar Technologie | Sold out | 0.00% | −0.96 |
| CORZ Core Scientific Inc. | Reduce -24.9% | 4.47% | −0.95 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.84 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.50 |
| SHCR Sharecare Inc. | Sold out | 0.00% | −0.25 |
| BA The Boeing Co. | Reduce -11.4% | 2.02% | −0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| TCOM Trip.com Group Ltd.-ADR | New | 12.40% | +12.40 |
| T AT&T Inc. | New | 4.90% | +4.90 |
| SE Sea Ltd.-ADR | New | 4.52% | +4.52 |
| INDI Indie Semiconductor Inc. Class A | New | 2.79% | +2.79 |
| ALTR Altair Engineering Inc. Class A | New | 2.46% | +2.46 |
| HCP Hashicorp Inc. Class A | New | 2.32% | +2.32 |
| ATSG Air Transport Services Group | New | 2.15% | +2.15 |
| EVH Evolent Health Inc. Class A | New | 1.33% | +1.33 |
| MSTR Strategy Inc. | New | 1.28% | +1.28 |
| X United States Steel Corp. | Add +111.4% | 2.36% | +1.11 |
| ALRM Alarm.com Holdings Inc. | Add +16.0% | 4.51% | +0.74 |
| SMCI Super Micro Computer Inc. | New | 0.64% | +0.64 |
| ZYXIQ Zynex Inc. | New | 0.59% | +0.59 |
| SRDX Surmodics Inc. | New | 0.59% | +0.59 |
| WDC Western Digital Corp. | Add +7.7% | 22.52% | −3.31 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 650 | $31.7Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | New | 3,000 | $26.2M |
| XLP SS Consumer Staples Sel Sect | put | Sold out | 2,000 | $16.6Mbefore exit |
| NKE Nike Inc. Class B | call | New | 2,000 | $15.1M |
| REAL The Realreal Inc. | call | Add +10.7% | 1,339,393 | $14.6M |
| XOP SS SPDR S&P Og Exp & Prod | call | Sold out | 1,000 | $13.2Mbefore exit |
| TSLA Tesla Inc. | put | Sold out | 494 | $12.9Mbefore exit |
| IWM iShares Russell 2000 ETF | call | New | 556 | $12.3M |
| ACI Albertsons Cos Inc. Class A | call | New | 5,576 | $11.0M |
| EWZ iShares MSCI Brazil ETF | call | Sold out | 2,000 | $5.9Mbefore exit |
| FCX Freeport-McMoran Inc. | call | Sold out | 1,000 | $5.0Mbefore exit |
| INTC Intel Corp. | call | New | 2,000 | $4.0M |
| CPRI Capri Holdings Ltd. | call | New | 1,500 | $3.2M |
| SMCI Super Micro Computer Inc. | call | New | 1,000 | $3.0M |
| WDC Western Digital Corp. | put | New | 400 | $2.4M |
| TCOM Trip.com Group Ltd.-ADR | put | New | 333 | $2.3M |
| MSFT Microsoft Corp. | call | New | 50 | $2.1M |
| SRCL Stericycle Inc. | call | Sold out | 330 | $2.0Mbefore exit |
| U Unity Software Inc. | call | Sold out | 800 | $1.8Mbefore exit |
| MARA Mara Holdings Inc. | call | Sold out | 1,000 | $1.6Mbefore exit |
| VALE Vale SA-SP ADR | call | Sold out | 1,060 | $1.2Mbefore exit |
| TH Target Hospitality Corp. | put | New | 1,000 | $967K |
| TH Target Hospitality Corp. | call | New | 1,000 | $967K |
| NVAX Novavax Inc. | put | Sold out | 159 | $201Kbefore exit |
| SHCRW Sharecare Inc. -CW27 | call | Sold out | 122,415 | $174Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +22.4% | 77,933,000 | $104.8M |
| CINEMARK HOLDINGS INC (CNK 4.5 08/15/25) | NOTE 4.500% 8/1 · principal | Add +2.3% | 44,310,000 | $96.4M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Add +59.5% | 33,500,000 | $87.4M |
| LIVENT CORP (LTHM 4.125 07/15/25) | NOTE 4.125% 7/1 · principal | Add +9.5% | 57,456,000 | $83.6M |
| CYBERARK SOFTWARE LTD (CYBR 0 11/15/24) | NOTE 11/1 · principal | Sold out | 41,410,000 | $76.6Mbefore exit |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Add +18.2% | 56,750,000 | $71.8M |
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | Sold out | 51,533,000 | $71.0Mbefore exit |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | Add +3.6% | 69,468,000 | $66.3M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +24.9% | 65,101,000 | $62.6M |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Add +2.1% | 28,634,000 | $62.2M |
| LIVONGO HEALTH (TDOC 0.875 06/01/25) | NOTE 0.875% 6/0 · principal | Add +2800.0% | 58,000,000 | $56.7M |
| NATERA INC (NTRA 2.25 05/01/27) | NOTE 2.250% 5/0 · principal | Sold out | 16,354,000 | $54.3Mbefore exit |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Add +14.7% | 56,213,000 | $54.2M |
| APELLIS PHARMACEUTICALS (APLS 3.5 09/15/26) | NOTE 3.500% 9/1 · principal | Add +15.5% | 44,494,000 | $51.5M |
| INNOVIVA INC (INVA 2.5 08/15/25) | NOTE 2.500% 8/1 · principal | Add +22.8% | 45,467,000 | $50.2M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +26.2% | 45,750,000 | $43.4M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Reduce -41.8% | 27,862,000 | $43.2M |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | Sold out | 30,000,000 | $40.0Mbefore exit |
| EXACT SCIENCES CORP (EXAS 1 01/15/25) | NOTE 1.000% 1/1 · principal | Add +26.9% | 40,075,000 | $39.9M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +2.8% | 36,900,000 | $39.4M |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Add +21.5% | 40,272,000 | $38.8M |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | Add +22.7% | 26,383,000 | $36.5M |
| CHART INDUSTRIES INC (GTLS 1 11/15/24) | NOTE 1.000%11/1 · principal | Sold out | 17,411,000 | $36.4Mbefore exit |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 24,100,000 | $34.1Mbefore exit |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | New | 35,000,000 | $31.8M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Add +82.5% | 36,500,000 | $31.8M |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Add +21.6% | 33,748,000 | $31.6M |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | Sold out | 27,638,000 | $30.1Mbefore exit |
| STANDARD BIOTOOLS INC (LAB 5.25 12/01/24) | NOTE 5.250%12/0 · principal | Sold out | 27,840,000 | $28.2Mbefore exit |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | Add +307.5% | 26,505,000 | $25.6M |
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | Add +1.2% | 25,050,000 | $25.1M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +0.6% | 23,257,000 | $24.8M |
| OMEROS CORP (OMER 5.25 02/15/26) | NOTE 5.250% 2/1 · principal | Add +1.0% | 25,614,000 | $24.3M |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | Add +10.5% | 25,922,000 | $24.3M |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +18.6% | 25,567,000 | $23.9M |
| UPSTART HOLDINGS INC (UPST 0.25 08/15/26) | NOTE 0.250% 8/1 · principal | Add +0.1% | 25,965,000 | $23.4M |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | Sold out | 23,500,000 | $23.1Mbefore exit |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | New | 10,000,000 | $20.2M |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Reduce -13.1% | 19,831,000 | $19.6M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +13.9% | 16,406,000 | $17.2M |
| SEA LTD (SEALTD 1 12/01/24) | NOTE 1.000%12/0 · principal | Sold out | 8,951,000 | $16.8Mbefore exit |
| MITEK SYSTEMS INC (MITK 0.75 02/01/26) | NOTE 0.750% 2/0 · principal | Add +66.8% | 17,438,000 | $16.8M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -11.9% | 13,650,000 | $16.5M |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | Sold out | 16,980,000 | $16.2Mbefore exit |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Reduce -6.7% | 27,860,000 | $15.0M |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Sold out | 15,500,000 | $13.7Mbefore exit |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | Sold out | 16,704,000 | $13.7Mbefore exit |
| PURECYCLE TECHNOLOGIES (PCT 7.25 08/15/30) | NOTE 7.250% 8/1 · principal | New | 13,750,000 | $13.1M |
| TRAVERE THERAPEUTICS INC (TVTX 2.5 09/15/25) | NOTE 2.500% 9/1 · principal | New | 12,615,000 | $12.5M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Add +733.3% | 12,500,000 | $12.1M |
Showing the first 50 of 72.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $77.8M | TSM, JAZZ, NWSA, GOSS, BCE |
| Q1 2026 | 16 | $36.5M | JAZZ, NWSA, EFA, IONS, CRCL |
| Q4 2025 | 16 | $32.5M | JAZZ, NWSA, CHKP, FSLY, CORZ |
| Q3 2025 | 20 | $45.7M | NWSA, JAZZ, WDC, WOLF, T |
| Q2 2025 | 35 | $88.9M | NVDA, WDC, IWM, JAZZ, AZEK |
| Q1 2025 | 40 | $97.7M | LRCX, WDC, SPY, TCOM, JAZZ |
| Q4 2024 | 28 | $44.3M | WDC, TCOM, JD, BMRN, T |
| Q3 2024 | 25 | $41.1M | WDC, JD, BMRN, CORZ, CHX |
| Q2 2024 | 19 | $59.2M | SPY, WDC, BMRN, MFC, JD |
| Q1 2024 | 21 | $109.5M | SPY, BMRN, WDC, MCHP, KRE |