Two Seas Capital LP Hedge Fund

Location: Rye, NY

CIK: 0001823138 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value: $511M (96.7% shares, 3.3% debt)

Holdings (18)

— INDIVIOR PLC 55.6%

Value $284M Shares 13,251,002 Share Price $21.42 Est. Cost/Share $23.71 Unrealized @ Report Date —

ROIV ROIVANT SCIENCES LTD 16.4%

Value $83.59M Shares 7,930,349 Share Price $10.54 Est. Cost/Share $5.52 Unrealized @ Report Date +91.0%

ABUS ARBUTUS BIOPHARMA CORP 4.0%

Value $20.23M Shares 7,841,927 Share Price $2.58 Est. Cost/Share $2.63 Unrealized @ Report Date -1.8%

IMVT IMMUNOVANT INC 3.4%

Value $17.49M Shares 541,295 Share Price $32.31 Est. Cost/Share $31.39 Unrealized @ Report Date +2.9%

— ESPERION THERAPEUTICS INC NE 3.3%

Value $16.89M Shares 20,315,000 Share Price $0.83 Est. Cost/Share $0.59 Unrealized @ Report Date —

META META PLATFORMS INC 3.0%

Value $15.52M Shares 31,958 Share Price $485.58 Est. Cost/Share $259.39 Unrealized @ Report Date +86.1%

VST VISTRA CORP 2.7%

Value $13.75M Shares 197,353 Share Price $69.65 Est. Cost/Share $48.74 Unrealized @ Report Date +41.2%

CORZ CORE SCIENTIFIC INC NEW 2.7%

Value $13.56M Shares 3,830,967 Share Price $3.54 Est. Cost/Share $3.47 Unrealized @ Report Date +2.1%

ESPR ESPERION THERAPEUTICS INC NE 2.2%

Value $11.16M Shares 4,165,657 Share Price $2.68 Est. Cost/Share $1.43 Unrealized @ Report Date +87.7%

ARQT ARCUTIS BIOTHERAPEUTICS INC 1.6%

Value $8.02M Shares 809,332 Share Price $9.91 Est. Cost/Share $7.46 Unrealized @ Report Date +32.8%

SONO SONOS INC 1.5%

Value $7.694M Shares 403,653 Share Price $19.06 Est. Cost/Share $17.03 Unrealized @ Report Date +11.9%

— AVADEL PHARMACEUTICALS PLC 1.1%

Value $5.375M Shares 318,240 Share Price $16.89 Est. Cost/Share $16.89 Unrealized @ Report Date —

OMEX ODYSSEY MARINE EXPL INC 0.9%

Value $4.715M Shares 1,237,615 Share Price $3.81 Est. Cost/Share $5.35 Unrealized @ Report Date -28.7%

GOOGL ALPHABET INC 0.7%

Value $3.678M Shares 24,371 Share Price $150.93 Est. Cost/Share $141.98 Unrealized @ Report Date +5.5%

SHC SOTERA HEALTH CO 0.7%

Value $3.603M Shares 300,000 Share Price $12.01 Est. Cost/Share $14.88 Unrealized @ Report Date -19.3%

CORZZ CORE SCIENTIFIC INC NEW 0.1%

Value $563K Shares 233,540 Share Price $2.41 Est. Cost/Share $2.41 Unrealized @ Report Date —

— TOURMALINE BIO INC 0.1%

Value $501K Shares 21,891 Share Price $22.90 Est. Cost/Share $22.90 Unrealized @ Report Date —

CORZW CORE SCIENTIFIC INC NEW 0.1%

Value $373K Shares 280,248 Share Price $1.33 Est. Cost/Share $1.33 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INDIVIOR PLC	13,251,002	$284M	55.6%	$21.42	$23.71	—	ORD	G4766E116
ROIV	ROIVANT SCIENCES LTD	7,930,349	$83.59M	16.4%	$10.54	$5.52	+91.0%	SHS	G76279101
ABUS	ARBUTUS BIOPHARMA CORP	7,841,927	$20.23M	4.0%	$2.58	$2.63	-1.8%	COM	03879J100
IMVT	IMMUNOVANT INC	541,295	$17.49M	3.4%	$32.31	$31.39	+2.9%	COM	45258J102
—	ESPERION THERAPEUTICS INC NE	20,315,000	$16.89M	3.3%	$0.83	$0.59	—	NOTE 4.000%11/1	29664WAB1
META	META PLATFORMS INC	31,958	$15.52M	3.0%	$485.58	$259.39	+86.1%	CL A	30303M102
VST	VISTRA CORP	197,353	$13.75M	2.7%	$69.65	$48.74	+41.2%	COM	92840M102
CORZ	CORE SCIENTIFIC INC NEW	3,830,967	$13.56M	2.7%	$3.54	$3.47	+2.1%	COM	21874A106
ESPR	ESPERION THERAPEUTICS INC NE	4,165,657	$11.16M	2.2%	$2.68	$1.43	+87.7%	COM	29664W105
ARQT	ARCUTIS BIOTHERAPEUTICS INC	809,332	$8.02M	1.6%	$9.91	$7.46	+32.8%	COM	03969K108
SONO	SONOS INC	403,653	$7.694M	1.5%	$19.06	$17.03	+11.9%	COM	83570H108
—	AVADEL PHARMACEUTICALS PLC	318,240	$5.375M	1.1%	$16.89	$16.89	—	SPONSORED ADR	05337M104
OMEX	ODYSSEY MARINE EXPL INC	1,237,615	$4.715M	0.9%	$3.81	$5.35	-28.7%	COM NEW	676118201
GOOGL	ALPHABET INC	24,371	$3.678M	0.7%	$150.93	$141.98	+5.5%	CAP STK CL A	02079K305
SHC	SOTERA HEALTH CO	300,000	$3.603M	0.7%	$12.01	$14.88	-19.3%	COM	83601L102
CORZZ	CORE SCIENTIFIC INC NEW	233,540	$563K	0.1%	$2.41	$2.41	—	*W EXP 01/23/202	21874A130
—	TOURMALINE BIO INC	21,891	$501K	0.1%	$22.90	$22.90	—	COM	89157D105
CORZW	CORE SCIENTIFIC INC NEW	280,248	$373K	0.1%	$1.33	$1.33	—	*W EXP 01/23/202	21874A114