DeepCurrents Investment Group LLC Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$3.3T

Holdings

166

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (166 positions)

#StockSharesValue% PortfolioType
185,206,000$125.6B3.86%
238,634,000$91.6B2.81%
3
FOUR 0 12/15/25SHIFT4 PMTS INC
77,933,000$89.5B2.75%
434,500,000$85.0B2.61%
5
CNK 4.5 08/15/25CINEMARK HLDGS INC
45,310,000$79.2B2.43%
6
MIDD 1 09/01/25MIDDLEBY CORP
65,505,000$79.1B2.43%
780,713,000$78.6B2.41%
856,750,000$73.2B2.25%
952,918,000$70.2B2.15%
10
NVCR 0 11/01/25NOVOCURE LTD
69,468,000$67.1B2.06%
11
MIGAMICROSTRATEGY INC
7,972$59.4B1.82%Put
12
NET 0 08/15/26CLOUDFLARE INC
58,101,000$58.3B1.79%
13
TDOC 0.875 06/01/25LIVONGO HEALTH INC
58,000,000$57.6B1.77%
14
INVA 2.5 08/15/25INNOVIVA INC
49,467,000$55.1B1.69%
15
IONS 0 04/01/26IONIS PHARMACEUTICALS INC
55,427,000$54.9B1.68%
16
VRNS 1.25 08/15/25VARONIS SYS INC
36,250,000$48.4B1.49%
17
DAY 0.25 03/15/26DAYFORCE INC
50,528,000$48.3B1.48%
18
APLS 3.5 09/15/26APELLIS PHARMACEUTICALS INC
44,194,000$46.4B1.42%
19
SPOT 0 03/15/26SPOTIFY USA INC
36,900,000$44.0B1.35%
20
BSY 0.125 01/15/26BENTLEY SYS INC
45,285,000$43.9B1.35%
2142,500,000$39.8B1.22%
22
SEDG 0 09/15/25SOLAREDGE TECHNOLOGIES INC
38,748,000$37.5B1.15%
23
BE 3 06/01/28BLOOM ENERGY CORP
28,383,000$37.3B1.15%
24
EVH 1.5 10/15/25EVOLENT HEALTH INC
38,213,000$37.3B1.14%
2538,097,000$37.2B1.14%
26
ORCLORACLE CORP
2,614$36.5B1.12%Call
27
LNTH 2.625 12/15/27LANTHEUS HLDGS INC
25,500,000$36.1B1.11%
28
SPYSPDR S&P 500 ETF TR
14,781$36.0B1.10%Call
29
PTCT 1.5 09/15/26PTC THERAPEUTICS INC
30,151,000$35.9B1.10%
30
COIN 0.5 06/01/26COINBASE GLOBAL INC
35,906,000$35.2B1.08%
31
TMDX 1.5 06/01/28TRANSMEDICS GROUP INC
30,824,000$33.2B1.02%
32
BURL 2.25 04/15/25BURLINGTON STORES INC
29,885,000$32.5B1.00%
33
LRCXLAM RESEARCH CORP
169,992$31.3B0.96%Put
3427,862,000$31.3B0.96%
35
XLVSELECT SECTOR SPDR TR
2,113$30.9B0.95%Put
3633,249,000$30.7B0.94%
3733,750,000$30.2B0.93%
38
MSTRMICROSTRATEGY INC
14,700,000$30.0B0.92%
39
WOLF 1.75 05/01/26WOLFSPEED INC
45,500,000$29.2B0.90%
4032,810,000$28.9B0.89%
41
VRNT 0.25 04/15/26VERINT SYSTEMS INC
29,905,000$28.4B0.87%
42
CSIQ 2.5 10/01/25CANADIAN SOLAR INC
28,809,000$27.8B0.85%
43
COHERUS BIOSCIENCES INC
28,338,000$27.6B0.85%
4430,110,000$26.8B0.82%
4510,741,000$26.2B0.80%
46
TLRY 5.2 06/15/27TILRAY BRANDS INC
27,550,000$26.2B0.80%
47
UPST 0.25 08/15/26UPSTART HLDGS INC
27,965,000$26.1B0.80%
48
AFRM 0 11/15/26AFFIRM HLDGS INC
28,167,000$26.1B0.80%
49
IART 0.5 08/15/25INTEGRA LIFESCIENCES HLDGS C
26,505,000$26.0B0.80%
5025,290,000$26.0B0.80%
51
IWMISHARES TR
17,951$25.7B0.79%Call
52
MFCMANULIFE FINL CORP
36,976$25.0B0.77%Put
53
VREX 4 06/01/25VAREX IMAGING CORP
25,050,000$24.9B0.77%
5425,567,000$24.4B0.75%
55
AORT 4.25 07/01/25ARTIVION INC
21,975,000$24.3B0.75%
5625,614,000$24.1B0.74%
57
ALNY 1 09/15/27ALNYLAM PHARMACEUTICALS INC
20,757,000$24.0B0.74%
58
IRWD 1.5 06/15/26IRONWOOD PHARMACEUTICALS INC
26,500,000$23.5B0.72%
59
DKNG 0 03/15/28DRAFTKINGS INC NEW
26,229,000$23.0B0.70%
60
ENPH 0 03/01/26ENPHASE ENERGY INC
23,922,000$22.8B0.70%
61
BSY 0.375 07/01/27BENTLEY SYS INC
24,500,000$22.3B0.68%
62
SHAK 0 03/01/28SHAKE SHACK INC
23,856,000$22.1B0.68%
63
MITEK SYS INC
22,155,000$21.4B0.66%
64
DDD 0 11/15/263D SYS CORP DEL
23,206,000$21.3B0.65%
6521,833,000$21.3B0.65%
6615,338,000$19.1B0.58%
67
CAMT 0 12/01/26CAMTEK LTD
15,485,000$18.8B0.58%
68
CRNC 3 06/01/25CERENCE INC
18,992,000$18.7B0.57%
69
FVRR 0 11/01/25FIVERR INTL LTD
18,158,000$17.6B0.54%
70
ASND 2.25 04/01/28ASCENDIS PHARMA A/S
13,940,000$16.6B0.51%
71
TTELUS CORPORATION
119,600$16.4B0.50%Put
72
GOSS 5 06/01/27GOSSAMER BIO INC
27,860,000$15.7B0.48%
73
TKOTKO GROUP HOLDINGS INC
1,010$15.4B0.47%Call
74
PFEPFIZER INC
6,080$15.4B0.47%Call
7521,482,000$15.1B0.46%
7615,152,000$14.7B0.45%
77
MMYT 0 02/15/28MAKEMYTRIP LIMITED MAURITIUS
5,500,000$14.1B0.43%
78
INTCINTEL CORP
76,689$13.4B0.41%Call
79
HALO 1 08/15/28HALOZYME THERAPEUTICS INC
10,250,000$13.2B0.40%
80
CVNACARVANA CO
600$12.5B0.39%Put
81
LARCN 1.75 01/15/27LITHIUM ARGENTINA AG
14,655,000$12.0B0.37%
82
MARA 1 12/01/26MARA HOLDINGS INC
13,365,000$11.9B0.36%
83
PCT 7.25 08/15/30PURECYCLE TECHNOLOGIES INC
13,750,000$11.5B0.35%
84
TVTX 2.5 09/15/25TRAVERE THERAPEUTICS INC
11,615,000$11.5B0.35%
85
AKAMAKAMAI TECHNOLOGIES INC
40,621$11.2B0.35%Put
86
DVAX 2 03/15/30DYNAVAX TECHNOLOGIES CORP
11,175,000$11.1B0.34%
87
CLVTRIP COM GROUP LTD
108,320$10.0B0.31%Put
888,500,000$9.7B0.30%
89
XLESELECT SECTOR SPDR TR
1,000$9.3B0.29%Put
90
TAT&T INC
146,915$9.2B0.28%Put
91
ALRM 0 01/15/26ALARM COM HLDGS INC
9,472,000$9.1B0.28%
92
PPHVANECK ETF TRUST
1,000$9.1B0.28%Put
93
WDCWESTERN DIGITAL CORP
213,750$8.6B0.27%
94
URNMSPROTT FDS TR
2,618$8.5B0.26%Call
95
ARAY 3.75 06/01/26ACCURAY INC DEL
8,600,000$8.0B0.24%
96
WK 1.25 08/15/28WORKIVA INC
8,500,000$7.9B0.24%
97
HYGISHARES TR
1,000$7.9B0.24%Put
985,650,000$7.5B0.23%
99
RGEN 1 12/15/28REPLIGEN CORP
7,574,000$7.4B0.23%
100
ATEC 0.75 08/01/26ALPHATEC HLDGS INC
7,433,000$7.3B0.22%
Page 1 of 2Next