Two Seas Capital LP Hedge Fund

Location: Rye, NY

CIK: 0001823138 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value: $497M (98.1% shares, 1.9% debt)

Holdings (14)

— INDIVIOR PLC 63.4%

Value $315M Shares 13,670,312 Share Price $23.07 Est. Cost/Share $23.80 Unrealized @ Report Date —

ROIV ROIVANT SCIENCES LTD 18.6%

Value $92.45M Shares 7,915,232 Share Price $11.68 Est. Cost/Share $5.20 Unrealized @ Report Date +124.6%

ABUS ARBUTUS BIOPHARMA CORP 3.4%

Value $16.81M Shares 8,280,818 Share Price $2.03 Est. Cost/Share $2.69 Unrealized @ Report Date -24.5%

IMVT IMMUNOVANT INC 3.3%

Value $16.4M Shares 427,256 Share Price $38.39 Est. Cost/Share $22.60 Unrealized @ Report Date +69.8%

Value $12.17M Shares 130,000 Share Price $93.62 * Est. Cost/Share $79.56 Unrealized @ Report Date -8.1%

META META PLATFORMS INC 2.2%

Value $10.86M Shares 36,175 Share Price $300.21 Est. Cost/Share $218.77 Unrealized @ Report Date +36.3%

— ESPERION THERAPEUTICS INC NE 1.9%

Value $9.358M Shares 17,275,000 Share Price $0.54 Est. Cost/Share $0.54 Unrealized @ Report Date —

ESPR ESPERION THERAPEUTICS INC NE 1.5%

Value $7.519M Shares 7,672,170 Share Price $0.98 Est. Cost/Share $1.43 Unrealized @ Report Date -31.3%

SONO SONOS INC 1.1%

Value $5.244M Shares 406,172 Share Price $12.91 Est. Cost/Share $16.16 Unrealized @ Report Date -20.1%

OMEX ODYSSEY MARINE EXPL INC 1.0%

Value $5.131M Shares 1,371,874 Share Price $3.74 Est. Cost/Share $5.35 Unrealized @ Report Date -30.0%

IMVT IMMUNOVANT INC 0.7%

Value $3.325M Shares 86,600 Share Price $38.39 Est. Cost/Share $22.60 Unrealized @ Report Date +69.8%

HTZ HERTZ GLOBAL HLDGS INC 0.2%

Value $1.068M Shares 87,188 Share Price $12.25 Est. Cost/Share $25.48 Unrealized @ Report Date -51.9%

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.2%

Value $875K Shares 164,807 Share Price $5.31 Est. Cost/Share $11.10 Unrealized @ Report Date -52.2%

HTZWW HERTZ GLOBAL HLDGS INC 0.2%

Value $756K Shares 123,494 Share Price $6.12 Est. Cost/Share $10.08 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INDIVIOR PLC	13,670,312	$315M	63.4%	$23.07	$23.80	—	ORD	G4766E116
ROIV	ROIVANT SCIENCES LTD	7,915,232	$92.45M	18.6%	$11.68	$5.20	+124.6%	SHS	G76279101
ABUS	ARBUTUS BIOPHARMA CORP	8,280,818	$16.81M	3.4%	$2.03	$2.69	-24.5%	COM	03879J100
IMVT	IMMUNOVANT INC	427,256	$16.4M	3.3%	$38.39	$22.60	+69.8%	COM	45258J102
MMM	3M CO	130,000	$12.17M	2.4%	$93.62 *	$79.56	-8.1%	COM	88579Y101
META	META PLATFORMS INC	36,175	$10.86M	2.2%	$300.21	$218.77	+36.3%	CL A	30303M102
—	ESPERION THERAPEUTICS INC NE	17,275,000	$9.358M	1.9%	$0.54	$0.54	—	NOTE 4.000%11/1	29664WAB1
ESPR	ESPERION THERAPEUTICS INC NE	7,672,170	$7.519M	1.5%	$0.98	$1.43	-31.3%	COM	29664W105
SONO	SONOS INC	406,172	$5.244M	1.1%	$12.91	$16.16	-20.1%	COM	83570H108
OMEX	ODYSSEY MARINE EXPL INC	1,371,874	$5.131M	1.0%	$3.74	$5.35	-30.0%	COM NEW	676118201
IMVT	IMMUNOVANT INC	86,600	$3.325M	0.7%	$38.39	$22.60	+69.8%	Call	45258J102
HTZ	HERTZ GLOBAL HLDGS INC	87,188	$1.068M	0.2%	$12.25	$25.48	-51.9%	COM NEW	42806J700
ARQT	ARCUTIS BIOTHERAPEUTICS INC	164,807	$875K	0.2%	$5.31	$11.10	-52.2%	COM	03969K108
HTZWW	HERTZ GLOBAL HLDGS INC	123,494	$756K	0.2%	$6.12	$10.08	—	*W EXP 06/30/205	42806J148