Two Seas Capital LP
CIK: 0001823138Latest portfolio: $4.9B · Q4 2025
Holdings
32
Total Value
$4.9B
New Positions
3
Closed Positions
6
Top Holdings
View All 32 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR | 3,707,000 | $2.5B | 52.08% | -2,095,300 | Put |
| 2 | CORZCORE SCIENTIFIC INC NEW | 25,728,821 | $374.6M | 7.72% | NEW | Put |
| 3 | ROIVROIVANT SCIENCES LTD | 12,227,391 | $265.3M | 5.47% | -1,962,273 | Call |
| 4 | IWMISHARES TR | 1,050,000 | $258.5M | 5.33% | -400,000 | Put |
| 5 | —INDIVIOR PLC | 5,109,198 | $183.3M | 3.78% | -5,394,954 | |
| 6 | CLMTCALUMET INC | 8,098,229 | $160.9M | 3.32% | +1.3M | Call |
| 7 | TLNTALEN ENERGY CORP | 391,974 | $146.9M | 3.03% | +125K | |
| 8 | HUTHUT 8 CORP | 2,244,000 | $103.1M | 2.12% | NEW | Call |
| 9 | SHCSOTERA HEALTH CO | 4,412,106 | $77.8M | 1.60% | +1.0M | |
| 10 | TDAYUSA TODAY CO INC | 14,552,621 | $74.9M | 1.54% | +372K | |
| 11 | FSLRFIRST SOLAR INC | 284,259 | $74.3M | 1.53% | -56,433 | |
| 12 | IMVTIMMUNOVANT INC | 2,866,962 | $72.9M | 1.50% | +105K | |
| 13 | I9DNARBUTUS BIOPHARMA CORP | 12,589,158 | $60.6M | 1.25% | +1.6M | |
| 14 | IBITISHARES BITCOIN TRUST ETF | 1,218,000 | $60.5M | 1.25% | NEW | Put |
| 15 | WULFTERAWULF INC | 4,502,794 | $51.7M | 1.07% | +652K | |
| 16 | ESPRESPERION THERAPEUTICS INC NE | 11,902,521 | $44.0M | 0.91% | +2.2M | |
| 17 | SATSECHOSTAR CORP | 402,135 | $43.7M | 0.90% | +110K | |
| 18 | GLNGGOLAR LNG LTD | 1,170,998 | $43.6M | 0.90% | +75K | |
| 19 | VSTVISTRA CORP | 249,707 | $40.3M | 0.83% | +80K | |
| 20 | FTAIFTAI AVIATION LTD | 186,209 | $36.7M | 0.76% | -83,392 | |
| 21 | MSOSADVISORSHARES TR | 6,827,709 | $32.2M | 0.66% | +1.8M | Call |
| 22 | NKTRNEKTAR THERAPEUTICS | 745,185 | $31.5M | 0.65% | NEW | |
| 23 | NBISNEBIUS GROUP N.V. | 344,482 | $28.8M | 0.59% | +110K | |
| 24 | SOCSABLE OFFSHORE CORP | 1,733,239 | $15.6M | 0.32% | NEW | |
| 25 | OMEXODYSSEY MARINE EXPL INC | 5,185,029 | $10.2M | 0.21% | +615K |
Quarterly Changes
Increased Positions
Sector Breakdown
Financial Services0.0% ($2.527877258468103e+28T)
Healthcare0.0% ($265334778297287835648.0T)
Technology0.0% ($37461043712787752.0T)
Energy0.0% ($160911742564.4T)
Communication Services0.0% ($74945.3T)
Unknown0.0% ($18.3T)
Utilities0.0% ($14.7T)
Industrials0.0% ($3.7T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 11, 2026 | $4.9B | 42 |
| Q3 2025 | Nov 14, 2025 | $6.2T | 49 |
| Q2 2025 | Aug 13, 2025 | $6.0T | 0 |
| Q1 2025 | May 15, 2025 | $3.2T | 31 |
| Q4 2024 | Feb 14, 2025 | $1.2T | 34 |
| Q3 2024 | Nov 14, 2024 | $617.3T | 27 |
| Q2 2024 | Aug 14, 2024 | $615.3T | 21 |
| Q1 2024 | May 15, 2024 | $510.5T | 18 |
| Q4 2023 | Feb 14, 2024 | $409.5T | 13 |
| Q3 2023 | Nov 14, 2023 | $497.3T | 14 |
| Q2 2023 | Aug 14, 2023 | $457.5T | 13 |
| Q1 2023 | May 15, 2023 | $109.0T | 11 |
| Q4 2022 | Feb 14, 2023 | $105.3T | 10 |
| Q3 2022 | Nov 14, 2022 | $109.5B | 12 |
| Q2 2022 | Aug 12, 2022 | $76.8B | 8 |
| Q1 2022 | May 13, 2022 | $119.4B | 12 |
| Q4 2021 | Feb 14, 2022 | $130.3B | 13 |
Fund Information
Two Seas Capital LP is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $4.9B across 32 holdings. The largest position is SPDR S&P 500 ETF TR (SPY), representing 52.1% of the portfolio. Compared to the previous quarter, the fund opened 6 new positions and closed 9 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.