Two Seas Capital LP Hedge Fund

Location: Rye, NY

CIK: 0001823138 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 14, 2024

Total Value: $617M (99.2% shares, 0.8% debt)

Holdings (26)

— INDIVIOR PLC 20.6%

Value $127M Shares 13,030,027 Share Price $9.75 Est. Cost/Share $23.28 Unrealized @ Report Date —

ROIV ROIVANT SCIENCES LTD 18.2%

Value $112M Shares 9,724,893 Share Price $11.54 Est. Cost/Share $6.78 Unrealized @ Report Date +70.3%

TLN TALEN ENERGY CORP 13.0%

Value $80.05M Shares 449,115 Share Price $178.24 Est. Cost/Share $105.50 Unrealized @ Report Date +68.9%

CORZ CORE SCIENTIFIC INC NEW 11.0%

Value $67.67M Shares 5,705,791 Share Price $11.86 Est. Cost/Share $4.10 Unrealized @ Report Date +189.2%

ABUS ARBUTUS BIOPHARMA CORP 5.2%

Value $32.29M Shares 8,387,388 Share Price $3.85 Est. Cost/Share $2.66 Unrealized @ Report Date +44.8%

VST VISTRA CORP 4.9%

Value $29.95M Shares 252,666 Share Price $118.54 Est. Cost/Share $61.36 Unrealized @ Report Date +91.8%

— AVADEL PHARMACEUTICALS PLC 4.8%

Value $29.56M Shares 2,253,780 Share Price $13.12 Est. Cost/Share $14.00 Unrealized @ Report Date —

EXEL EXELIXIS INC 3.8%

Value $23.56M Shares 907,900 Share Price $25.95 Est. Cost/Share $24.85 Unrealized @ Report Date +4.4%

META META PLATFORMS INC 3.3%

Value $20.58M Shares 35,958 Share Price $572.44 Est. Cost/Share $294.53 Unrealized @ Report Date +93.6%

IMVT IMMUNOVANT INC 3.1%

Value $19.29M Shares 676,614 Share Price $28.51 Est. Cost/Share $30.74 Unrealized @ Report Date -7.3%

EXEL EXELIXIS INC 1.9%

Value $11.76M Shares 453,103 Share Price $25.95 Est. Cost/Share $24.85 Unrealized @ Report Date +4.4%

ESPR ESPERION THERAPEUTICS INC NE 1.8%

Value $10.86M Shares 6,584,278 Share Price $1.65 Est. Cost/Share $1.72 Unrealized @ Report Date -4.3%

SHC SOTERA HEALTH CO 1.1%

Value $6.68M Shares 400,000 Share Price $16.70 Est. Cost/Share $14.41 Unrealized @ Report Date +15.9%

GOOGL ALPHABET INC 1.1%

Value $6.634M Shares 40,000 Share Price $165.85 Est. Cost/Share $154.83 Unrealized @ Report Date +6.6%

SONO SONOS INC 1.1%

Value $6.501M Shares 528,928 Share Price $12.29 Est. Cost/Share $16.85 Unrealized @ Report Date -27.0%

CEG CONSTELLATION ENERGY CORP 1.1%

Value $6.5M Shares 25,000 Share Price $260.02 Est. Cost/Share $197.12 Unrealized @ Report Date +31.0%

CLMT CALUMET INC 0.9%

Value $5.524M Shares 310,007 Share Price $17.82 Est. Cost/Share $16.02 Unrealized @ Report Date +11.2%

— ESPERION THERAPEUTICS INC NE 0.8%

Value $5.042M Shares 5,315,000 Share Price $0.95 Est. Cost/Share $0.59 Unrealized @ Report Date —

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.5%

Value $2.903M Shares 312,122 Share Price $9.30 Est. Cost/Share $7.46 Unrealized @ Report Date +24.6%

HUT HUT 8 CORP 0.4%

Value $2.512M Shares 204,916 Share Price $12.26 Est. Cost/Share $13.30 Unrealized @ Report Date -7.8%

PCRX PACIRA BIOSCIENCES INC 0.4%

Value $2.384M Shares 158,400 Share Price $15.05 Est. Cost/Share — Unrealized @ Report Date —

IREN IRIS ENERGY LTD 0.4%

Value $2.321M Shares 275,000 Share Price $8.44 Est. Cost/Share $9.19 Unrealized @ Report Date -8.2%

WULF TERAWULF INC 0.3%

Value $2.025M Shares 432,626 Share Price $4.68 Est. Cost/Share $2.70 Unrealized @ Report Date +73.5%

CORZW CORE SCIENTIFIC INC NEW 0.3%

Value $1.886M Shares 280,248 Share Price $6.73 Est. Cost/Share $1.33 Unrealized @ Report Date —

BTBT BIT DIGITAL INC 0.2%

Value $1.448M Shares 412,414 Share Price $3.51 Est. Cost/Share $3.32 Unrealized @ Report Date +5.6%

OMEX ODYSSEY MARINE EXPL INC 0.0%

Value $82,760 Shares 100,000 Share Price $0.83 Est. Cost/Share $5.35 Unrealized @ Report Date -84.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	INDIVIOR PLC	13,030,027	$127M	20.6%	$9.75	$23.28	—	ORD	G4766E116
ROIV	ROIVANT SCIENCES LTD	9,724,893	$112M	18.2%	$11.54	$6.78	+70.3%	SHS	G76279101
TLN	TALEN ENERGY CORP	449,115	$80.05M	13.0%	$178.24	$105.50	+68.9%	COM	87422Q109
CORZ	CORE SCIENTIFIC INC NEW	5,705,791	$67.67M	11.0%	$11.86	$4.10	+189.2%	COM	21874A106
ABUS	ARBUTUS BIOPHARMA CORP	8,387,388	$32.29M	5.2%	$3.85	$2.66	+44.8%	COM	03879J100
VST	VISTRA CORP	252,666	$29.95M	4.9%	$118.54	$61.36	+91.8%	COM	92840M102
—	AVADEL PHARMACEUTICALS PLC	2,253,780	$29.56M	4.8%	$13.12	$14.00	—	COM SHS	G29687103
EXEL	EXELIXIS INC	907,900	$23.56M	3.8%	$25.95	$24.85	+4.4%	Call	30161Q104
META	META PLATFORMS INC	35,958	$20.58M	3.3%	$572.44	$294.53	+93.6%	CL A	30303M102
IMVT	IMMUNOVANT INC	676,614	$19.29M	3.1%	$28.51	$30.74	-7.3%	COM	45258J102
EXEL	EXELIXIS INC	453,103	$11.76M	1.9%	$25.95	$24.85	+4.4%	COM	30161Q104
ESPR	ESPERION THERAPEUTICS INC NE	6,584,278	$10.86M	1.8%	$1.65	$1.72	-4.3%	COM	29664W105
SHC	SOTERA HEALTH CO	400,000	$6.68M	1.1%	$16.70	$14.41	+15.9%	COM	83601L102
GOOGL	ALPHABET INC	40,000	$6.634M	1.1%	$165.85	$154.83	+6.6%	CAP STK CL A	02079K305
SONO	SONOS INC	528,928	$6.501M	1.1%	$12.29	$16.85	-27.0%	COM	83570H108
CEG	CONSTELLATION ENERGY CORP	25,000	$6.5M	1.1%	$260.02	$197.12	+31.0%	COM	21037T109
CLMT	CALUMET INC	310,007	$5.524M	0.9%	$17.82	$16.02	+11.2%	COM	131428104
—	ESPERION THERAPEUTICS INC NE	5,315,000	$5.042M	0.8%	$0.95	$0.59	—	NOTE 4.000%11/1	29664WAB1
ARQT	ARCUTIS BIOTHERAPEUTICS INC	312,122	$2.903M	0.5%	$9.30	$7.46	+24.6%	COM	03969K108
HUT	HUT 8 CORP	204,916	$2.512M	0.4%	$12.26	$13.30	-7.8%	COM	44812J104
PCRX	PACIRA BIOSCIENCES INC	158,400	$2.384M	0.4%	$15.05	—	—	Put	695127100
IREN	IRIS ENERGY LTD	275,000	$2.321M	0.4%	$8.44	$9.19	-8.2%	ORDINARY SHARES	Q4982L109
WULF	TERAWULF INC	432,626	$2.025M	0.3%	$4.68	$2.70	+73.5%	COM	88080T104
CORZW	CORE SCIENTIFIC INC NEW	280,248	$1.886M	0.3%	$6.73	$1.33	—	*W EXP 01/23/202	21874A114
BTBT	BIT DIGITAL INC	412,414	$1.448M	0.2%	$3.51	$3.32	+5.6%	SHS	G1144A105
OMEX	ODYSSEY MARINE EXPL INC	100,000	$82,760	0.0%	$0.83	$5.35	-84.5%	COM NEW	676118201