13F HOLDINGS REPORT
Two Seas Capital LP
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001315863-25-000810
Total Value
$6.23B
Positions
49
Other Managers
0
Confidential Omitted
No
Holdings (49)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 2,248,800 | $1.50B | 24.05% |
| 2 | SPDR S&P 500 ETF TR | SPY | 1,030,000 | $686.2M | 11.01% |
| 3 | SPDR S&P 500 ETF TR | SPY | 970,000 | $646.2M | 10.37% |
| 4 | SPDR S&P 500 ETF TR | SPY | 768,500 | $512.0M | 8.22% |
| 5 | ISHARES TR | 464287655 | 1,450,000 | $350.8M | 5.63% |
| 6 | SPDR S&P 500 ETF TR | SPY | 500,000 | $333.1M | 5.35% |
| 7 | CORE SCIENTIFIC INC NEW | 21874A106 | 15,363,978 | $275.6M | 4.42% |
| 8 | INDIVIOR PLC | INDV | 10,504,152 | $253.3M | 4.07% |
| 9 | SPDR S&P 500 ETF TR | SPY | 285,000 | $189.9M | 3.05% |
| 10 | ROIVANT SCIENCES LTD | ROIV | 11,754,164 | $177.8M | 2.85% |
| 11 | TALEN ENERGY CORP | TLN | 266,888 | $113.5M | 1.82% |
| 12 | CALUMET INC | CLMT | 5,752,538 | $105.0M | 1.69% |
| 13 | COREWEAVE INC | CRWV | 755,000 | $103.3M | 1.66% |
| 14 | AVADEL PHARMACEUTICALS PLC | G29687103 | 5,369,082 | $82.0M | 1.32% |
| 15 | FIRST SOLAR INC | FSLR | 340,692 | $75.1M | 1.21% |
| 16 | CORE SCIENTIFIC INC NEW | 21874A106 | 3,400,000 | $61.0M | 0.98% |
| 17 | GANNETT CO INC | TDAY | 14,180,621 | $58.6M | 0.94% |
| 18 | COREWEAVE INC | CRWV | 425,000 | $58.2M | 0.93% |
| 19 | SOTERA HEALTH CO | SHC | 3,373,228 | $53.1M | 0.85% |
| 20 | ARBUTUS BIOPHARMA CORP | ABUS | 10,991,261 | $49.9M | 0.80% |
| 21 | FTAI AVIATION LTD | FTAIN | 269,601 | $45.0M | 0.72% |
| 22 | IMMUNOVANT INC | IMVT | 2,762,040 | $44.5M | 0.71% |
| 23 | GOLAR LNG LTD | GLNG | 1,095,998 | $44.3M | 0.71% |
| 24 | TERAWULF INC | WULF | 3,851,188 | $44.0M | 0.71% |
| 25 | COREWEAVE INC | CRWV | 279,051 | $38.2M | 0.61% |
| 26 | ROIVANT SCIENCES LTD | ROIV | 2,435,500 | $36.8M | 0.59% |
| 27 | VISTRA CORP | VST | 170,000 | $33.3M | 0.53% |
| 28 | PG&E CORP | PCG-PX | 1,910,800 | $28.8M | 0.46% |
| 29 | NEBIUS GROUP N.V. | NBIS | 234,482 | $26.3M | 0.42% |
| 30 | SABLE OFFSHORE CORP | SOC | 1,500,000 | $26.2M | 0.42% |
| 31 | ESPERION THERAPEUTICS INC NE | ESPR | 9,749,724 | $25.8M | 0.41% |
| 32 | ECHOSTAR CORP | SATS | 292,470 | $22.3M | 0.36% |
| 33 | BURFORD CAP LTD | BUR | 1,602,067 | $19.2M | 0.31% |
| 34 | META PLATFORMS INC | META | 24,272 | $17.8M | 0.29% |
| 35 | CALUMET INC | CLMT | 650,000 | $11.9M | 0.19% |
| 36 | SABLE OFFSHORE CORP | SOC | 614,044 | $10.7M | 0.17% |
| 37 | ADVISORSHARES TR | 00768Y453 | 2,225,300 | $10.7M | 0.17% |
| 38 | ODYSSEY MARINE EXPL INC | OMEX | 4,570,011 | $8.9M | 0.14% |
| 39 | SONOS INC | SONO | 531,042 | $8.4M | 0.13% |
| 40 | BITDEER TECHNOLOGIES GROUP | BTDR | 450,000 | $7.7M | 0.12% |
| 41 | ADVISORSHARES TR | 00768Y453 | 1,500,000 | $7.2M | 0.12% |
| 42 | ADVISORSHARES TR | 00768Y453 | 1,350,000 | $6.5M | 0.10% |
| 43 | CALUMET INC | CLMT | 350,000 | $6.4M | 0.10% |
| 44 | CIPHER MINING INC | 17253J106 | 462,000 | $5.8M | 0.09% |
| 45 | CORE SCIENTIFIC INC NEW | 21874A114 | 289,539 | $3.4M | 0.05% |
| 46 | LUCID DIAGNOSTICS INC | LUCD | 3,000,000 | $3.0M | 0.05% |
| 47 | ANI PHARMACEUTICALS INC | ANIP | 25,721 | $2.4M | 0.04% |
| 48 | GALAXY DIGITAL INC. | GLXY | 35,000 | $1.2M | 0.02% |
| 49 | CORE SCIENTIFIC INC NEW | 21874A130 | 24,107 | $432,480 | 0.01% |