DeepCurrents Investment Group LLC Q4 2025 Filing
Filed February 13, 2026
Portfolio Value
$3.1B
Holdings
141
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (141 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | IDCC 3.5 06/01/27INTERDIGITAL INC | 41,900,000 | $172.7M | 5.66% | |
| 2 | SPOT 0 03/15/26SPOTIFY USA INC | 65,628,000 | $74.7M | 2.45% | |
| 3 | NET 0 08/15/26CLOUDFLARE INC | 60,601,000 | $71.3M | 2.34% | |
| 4 | DKNG 0 03/15/28DRAFTKINGS INC NEW | 77,164,000 | $70.7M | 2.32% | |
| 5 | WK 1.25 08/15/28WORKIVA INC | 70,700,000 | $70.0M | 2.29% | |
| 6 | IONS 0 04/01/26IONIS PHARMACEUTICALS INC | 50,427,000 | $69.5M | 2.28% | |
| 7 | W 3.25 09/15/27WAYFAIR INC | 34,715,000 | $58.0M | 1.90% | |
| 8 | MSTR 0.625 09/15/28STRATEGY INC | 45,655,000 | $53.5M | 1.75% | |
| 9 | MMYT 0 02/15/28MAKEMYTRIP LIMITED MAURITIUS | 24,676,000 | $53.2M | 1.74% | |
| 10 | TDOC 1.25 06/01/27TELADOC HEALTH INC | 55,000,000 | $52.4M | 1.72% | |
| 11 | NTNX 0.5 12/15/29NUTANIX INC | 54,000,000 | $52.1M | 1.71% | |
| 12 | CNMD 2.25 06/15/27CONMED CORP | 50,952,000 | $48.8M | 1.60% | |
| 13 | RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC | 43,029,000 | $48.4M | 1.59% | |
| 14 | ASND 2.25 04/01/28ASCENDIS PHARMA A/S | 33,394,000 | $47.4M | 1.55% | |
| 15 | ENPH 0 03/01/26ENPHASE ENERGY INC | 47,397,000 | $47.0M | 1.54% | |
| 16 | BTU 3.25 03/01/28PEABODY ENGR CORP | 27,800,000 | $46.7M | 1.53% | |
| 17 | OMER 9.5 06/15/29OMEROS CORP | 15,614,000 | $46.6M | 1.53% | |
| 18 | TMDX 1.5 06/01/28TRANSMEDICS GROUP INC | 30,824,000 | $46.4M | 1.52% | |
| 19 | RGEN 1 12/15/28REPLIGEN CORP | 41,529,000 | $45.6M | 1.49% | |
| 20 | APLS 3.5 09/15/26APELLIS PHARMACEUTICALS INC | 44,194,000 | $45.6M | 1.49% | |
| 21 | IBITISHARES BITCOIN TRUST ETF | 8,700 | $43.2M | 1.42% | Call |
| 22 | ALHC 4.25 11/15/29ALIGNMENT HEALTHCARE INC | 28,250,000 | $43.2M | 1.41% | |
| 23 | CALY 2.75 05/01/26TOPGOLF CALLAWAY BRANDS CORP | 41,783,000 | $41.7M | 1.37% | |
| 24 | ETSY 0.125 10/01/26ETSY INC | 40,948,000 | $41.4M | 1.36% | |
| 25 | SEALTD 0.25 09/15/26SEA LTD | 42,500,000 | $41.2M | 1.35% | |
| 26 | RPD 0.25 03/15/27RAPID7 INC | 42,500,000 | $40.3M | 1.32% | |
| 27 | COIN 0.5 06/01/26COINBASE GLOBAL INC | 38,884,000 | $38.9M | 1.27% | |
| 28 | IRTC 1.5 09/01/29IRHYTHM TECHNOLOGIES INC | 27,500,000 | $38.5M | 1.26% | |
| 29 | TSLATESLA INC | 808 | $36.3M | 1.19% | Call |
| 30 | CHEF 2.375 12/15/28CHEFS WHSE INC | 23,673,000 | $36.1M | 1.18% | |
| 31 | SHAK 0 03/01/28SHAKE SHACK INC | 38,269,000 | $36.0M | 1.18% | |
| 32 | DXCM 0.375 05/15/28DEXCOM INC | 38,250,000 | $35.3M | 1.16% | |
| 33 | LNTH 2.625 12/15/27LANTHEUS HLDGS INC | 30,500,000 | $35.0M | 1.15% | |
| 34 | AVGOBROADCOM INC | 1,000 | $34.6M | 1.13% | Call |
| 35 | GES 3.75 04/15/28GUESS INC | 33,249,000 | $33.1M | 1.08% | |
| 36 | LQDISHARES TR | 3,000 | $33.1M | 1.08% | Put |
| 37 | LRN 1.125 09/01/27STRIDE INC | 23,000,000 | $31.5M | 1.03% | |
| 38 | MIGASTRATEGY INC | 2,000 | $30.4M | 1.00% | Put |
| 39 | PAR 1.5 10/15/27PAR TECHNOLOGY CORP | 31,000,000 | $30.4M | 1.00% | |
| 40 | MARA 0 03/01/30MARA HOLDINGS INC | 38,200,000 | $30.2M | 0.99% | |
| 41 | JAMF 0.125 09/01/26JAMF HLDG CORP | 30,000,000 | $29.6M | 0.97% | |
| 42 | PTCT 1.5 09/15/26PTC THERAPEUTICS INC | 19,901,000 | $29.5M | 0.97% | |
| 43 | MGNI 0.25 03/15/26MAGNITE INC | 28,000,000 | $27.7M | 0.91% | |
| 44 | UPWK 0.25 08/15/26UPWORK INC | 28,107,000 | $27.4M | 0.90% | |
| 45 | AFRM 0 11/15/26AFFIRM HLDGS INC | 28,167,000 | $27.2M | 0.89% | |
| 46 | TLRY 5.2 06/15/27TILRAY BRANDS INC | 25,050,000 | $26.3M | 0.86% | |
| 47 | RDFN 0.5 04/01/27REDFIN CORP | 26,000,000 | $24.7M | 0.81% | |
| 48 | IRWD 1.5 06/15/26IRONWOOD PHARMACEUTICALS INC | 25,500,000 | $24.2M | 0.79% | |
| 49 | PRGSPROGRESS SOFTWARE CORP | 24,161,000 | $24.0M | 0.79% | |
| 50 | ENOV 3.875 10/15/28ENOVIS CORPORATION | 24,500,000 | $23.9M | 0.78% | |
| 51 | —MITEK SYS INC | 23,755,000 | $23.7M | 0.78% | |
| 52 | UPST 2 10/01/29UPSTART HLDGS INC | 18,778,000 | $23.6M | 0.77% | |
| 53 | MSTR 0 12/01/29STRATEGY INC | 28,500,000 | $23.4M | 0.77% | |
| 54 | TRIP 0.25 04/01/26TRIPADVISOR INC | 23,000,000 | $22.7M | 0.74% | |
| 55 | AXON 0.5 12/15/27AXON ENTERPRISE INC | 8,900,000 | $22.5M | 0.74% | |
| 56 | NIO 4.625 10/15/30NIO INC | 24,732,000 | $22.3M | 0.73% | |
| 57 | TTEK 2.25 08/15/28TETRA TECH INC NEW | 19,860,000 | $21.6M | 0.71% | |
| 58 | PRCH 9 05/15/30PORCH GROUP INC | 19,100,000 | $21.5M | 0.71% | |
| 59 | TNDM 1.5 03/15/29 2024TANDEM DIABETES CARE INC | 20,000,000 | $20.4M | 0.67% | |
| 60 | BSY 0.375 07/01/27BENTLEY SYS INC | 21,000,000 | $19.8M | 0.65% | |
| 61 | MFCMANULIFE FINL CORP | 5,324 | $19.3M | 0.63% | Put |
| 62 | BL 1 06/01/29BLACKLINE INC | 18,284,000 | $19.2M | 0.63% | |
| 63 | DAY 0.25 03/15/26DAYFORCE INC | 19,245,000 | $19.1M | 0.63% | |
| 64 | QTWO 0.75 06/01/26Q2 HLDGS INC | 18,500,000 | $18.7M | 0.61% | |
| 65 | GOSS 5 06/01/27GOSSAMER BIO INC | 27,860,000 | $18.7M | 0.61% | |
| 66 | FLNC 2.25 06/15/30FLUENCE ENERGY INC | 15,000,000 | $18.1M | 0.59% | |
| 67 | SATSECHOSTAR CORP | 1,656 | $18.0M | 0.59% | Call |
| 68 | BOX 0 01/15/26BOX INC | 15,338,000 | $17.8M | 0.58% | |
| 69 | COIN 0.25 04/01/30COINBASE GLOBAL INC | 16,500,000 | $16.9M | 0.55% | |
| 70 | ARANTERO RESOURCES CORP | 4,762 | $16.4M | 0.54% | Call |
| 71 | PI 1.125 05/15/27IMPINJ INC | 9,621,000 | $15.6M | 0.51% | |
| 72 | CORZCORE SCIENTIFIC INC NEW | 153,722 | $15.2M | 0.50% | Call |
| 73 | AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES INC | 15,000,000 | $15.1M | 0.49% | |
| 74 | MSTRSTRATEGY INC | 11,700,000 | $14.8M | 0.49% | |
| 75 | PGY 6.125 10/01/29PAGAYA U S HLDG CO LLC | 8,000,000 | $14.5M | 0.48% | |
| 76 | DBX 0 03/01/26DROPBOX INC | 14,021,000 | $13.9M | 0.46% | |
| 77 | LARCN 1.75 01/15/27LITHIUM ARGENTINA AG | 14,655,000 | $13.4M | 0.44% | |
| 78 | TTELUS CORPORATION | 30,683 | $13.3M | 0.43% | Put |
| 79 | PLNTPLANET FITNESS INC | 1,200 | $13.0M | 0.43% | Call |
| 80 | RIOTRIOT PLATFORMS INC | 10,000 | $12.7M | 0.42% | Call |
| 81 | BCEBCE INC | 32,579 | $12.6M | 0.41% | Put |
| 82 | BAND 0.5 04/01/28BANDWIDTH INC | 13,750,000 | $12.0M | 0.39% | |
| 83 | JAZZJAZZ PHARMACEUTICALS PLC | 70,486 | $12.0M | 0.39% | |
| 84 | BSY 0.125 01/15/26BENTLEY SYS INC | 11,564,000 | $11.5M | 0.38% | |
| 85 | WULFTERAWULF INC | 109,000 | $11.5M | 0.38% | Call |
| 86 | EB 0.75 09/15/26EVENTBRITE INC | 11,625,000 | $11.4M | 0.37% | |
| 87 | LI 0.25 05/01/28LI AUTO INC | 11,150,000 | $11.3M | 0.37% | |
| 88 | WOLF 2.5 06/15/31WOLFSPEED INC | 7,530,000 | $11.1M | 0.37% | |
| 89 | IWMISHARES TR | 440 | $10.8M | 0.35% | Put |
| 90 | WBDWARNER BROS DISCOVERY INC | 3,378 | $9.7M | 0.32% | Call |
| 91 | BYND 7 10/15/30BEYOND MEAT INC | 12,662,000 | $9.7M | 0.32% | |
| 92 | XYZ 0.25 11/01/27BLOCK INC | 10,400,000 | $9.6M | 0.32% | |
| 93 | NEO 0.25 01/15/28NEOGENOMICS INC | 10,500,000 | $9.4M | 0.31% | |
| 94 | SMCI 3.5 03/01/29SUPER MICRO COMPUTER INC | 10,500,000 | $9.4M | 0.31% | |
| 95 | CAKE 0.375 06/15/26CHEESECAKE FACTORY INC | 9,491,000 | $9.4M | 0.31% | |
| 96 | ATEC 0.75 08/01/26ALPHATEC HLDGS INC | 7,433,000 | $9.3M | 0.31% | |
| 97 | HAE 0 03/01/26HAEMONETICS CORP MASS | 9,224,000 | $9.1M | 0.30% | |
| 98 | HLF 4.25 06/15/28HERBALIFE LTD | 7,201,000 | $7.8M | 0.26% | |
| 99 | GRPN 6.25 03/15/27 *GROUPON INC | 6,996,000 | $7.5M | 0.25% | |
| 100 | ITRI 0 03/15/26ITRON INC | 7,500,000 | $7.4M | 0.24% |
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