Two Seas Capital LP — 13F Holdings

2026 Q1  ·  52 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Two Seas Capital LP maintained a portfolio of 52 distinct positions. The most significant new addition was SPDR SERIES TRUST, now representing 3.44% of the total fund value. They heavily accumulated shares in STATE STR SPDR S&P 500 ETF T, increasing the position by 74.5%. Conversely, Two Seas Capital LP completely exited their position in ISHARES TR.
Position History hover any row below to update
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Two Seas Capital LP New York, NY Hedge Fund AUM $2,167M
PCA Score Concentration Risk
Risk ENB
Total Positions
52
Quarter
2026 Q1
Top Holding
SPY (58.8%)
Top 10 Concentration
83.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 52

Two Seas Capital LP Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
PUT
PUT Option 58.80% 52.08% #1
Prev: #1
9.0 2,761,600 74.5%
P
S
6,468,600 $4,206,789,324
$610.27 +7.5%
$650.34 +0.8%
2022 Q3 13F Filing 2026-03-31 2026-05-15
ROIV
ROIVANT SCIENCE...
Healthcare 3.61% 4.38% #2 2
Prev: #4
3.4 -463,600 -4.7%
P
S
9,328,291 $258,393,661 2021 Q4 13F Filing 2026-03-31 2026-05-15
XBI
SPDR SERIES TRU...
PUT
PUT Option 3.44% #3
Prev: #—
5.9 1,928,000
NEW
1,928,000 $246,263,440 2026 Q1 13F Filing 2026-03-31 2026-05-15
CORZ
CORE SCIENTIFIC...
Technology 3.38% 5.10% #4 1
Prev: #3
2.4 -859,388 -5.1%
P
S
16,151,833 $241,631,422 2024 Q1 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
PUT
PUT Option 3.02% #5
Prev: #—
5.2 850,000
NEW
850,000 $215,721,500 2026 Q1 13F Filing 2026-03-31 2026-05-15
CLMT
CALUMET INC
Basic Materials 2.99% 2.86% #6 1
Prev: #7
1.7 -1,015,937 -14.6%
P
S
5,960,292 $213,974,483 2024 Q3 13F Filing 2026-03-31 2026-05-15
TLN
TALEN ENERGY CO...
Utilities 2.58% 3.03% #7 1
Prev: #6
3.5 187,155 47.7%
P
S
579,129 $184,875,351 2024 Q2 13F Filing 2026-03-31 2026-05-15
INDV
INDIVIOR PHARMA...
Healthcare 2.02% 3.78% #8 3
Prev: #5
1.3 -362,688 -7.1%
P
S
4,746,510 $144,673,625 2023 Q2 13F Filing 2026-03-31 2026-05-15
NKTR
NEKTAR THERAPEU...
Healthcare 1.97% 0.65% #9 14
Prev: #23
3.8 1,213,993 162.9%
P
S
1,959,178 $140,962,857 2025 Q4 13F Filing 2026-03-31 2026-05-15
GCI
USA TODAY CO IN...
Unknown 1.38% 1.54% #10 1
Prev: #11
1.1 -507,178 -3.5%
P
S
14,045,443 $99,020,373 2024 Q4 13F Filing 2026-03-31 2026-05-15
SOC
SABLE OFFSHORE ...
Energy 1.27% 0.32% #11 17
Prev: #28
3.5 3,763,472 217.1%
P
S
5,496,711 $90,805,666 2024 Q4 13F Filing 2026-03-31 2026-05-15
FSLR
FIRST SOLAR INC
CALL
CALL Option 1.26% #12
Prev: #—
4.0 458,700
NEW
458,700 $90,483,162 2025 Q2 13F Filing 2026-03-31 2026-05-15
SHC
SOTERA HEALTH C...
Healthcare 1.21% 1.60% #13 3
Prev: #10
3.0 1,611,265 36.5%
P
S
6,023,371 $86,375,140 2024 Q1 13F Filing 2026-03-31 2026-05-15
ABUS
ARBUTUS BIOPHAR...
Healthcare 1.17% 1.25% #14
Prev: #14
3.0 5,968,385 47.4%
P
S
18,557,543 $83,508,944 2021 Q4 13F Filing 2026-03-31 2026-05-15
IMVT
IMMUNOVANT INC
Healthcare 1.11% 1.50% #15 2
Prev: #13
2.4 335,000 11.7%
P
S
3,201,962 $79,536,736 2023 Q3 13F Filing 2026-03-31 2026-05-15
GLNG
GOLAR LNG LTD
Energy 0.96% 0.90% #16 4
Prev: #20
2.4 103,712 8.9%
P
S
1,274,710 $68,974,558 2025 Q1 13F Filing 2026-03-31 2026-05-15
FTAI
FTAI AVIATION L...
Industrials 0.87% 0.76% #17 5
Prev: #22
2.8 69,298 37.2%
P
S
255,507 $62,599,215 2025 Q1 13F Filing 2026-03-31 2026-05-15
FSLR
FIRST SOLAR INC
Technology 0.84% 1.53% #18 6
Prev: #12
2.3 18,725 6.6%
P
S
302,984 $59,766,624 2025 Q2 13F Filing 2026-03-31 2026-05-15
WULF
TERAWULF INC
Financial Services 0.81% 1.07% #19 2
Prev: #17
0.8 -478,789 -10.6%
P
S
4,024,005 $58,066,392 2024 Q2 13F Filing 2026-03-31 2026-05-15
MRNA
MODERNA INC
PUT
PUT Option 0.78% #20
Prev: #—
3.8 1,100,000
NEW
1,100,000 $55,880,000 2026 Q1 13F Filing 2026-03-31 2026-05-15
SATS
ECHOSTAR CORP
Communication Services 0.63% 0.90% #21 2
Prev: #19
0.8 -20,000 -5.0%
P
S
382,135 $44,736,544 2025 Q3 13F Filing 2026-03-31 2026-05-15
SATS
ECHOSTAR CORP
CALL
CALL Option 0.61% #22
Prev: #—
3.7 375,000
NEW
375,000 $43,901,250 2025 Q3 13F Filing 2026-03-31 2026-05-15
CORZ
CORE SCIENTIFIC...
CALL
CALL Option 0.53% 2.54% #23 15
Prev: #8
0.2 -5,943,600 -70.1%
P
S
2,534,000 $37,908,640 2024 Q1 13F Filing 2026-03-31 2026-05-15
ESPR
ESPERION THERAP...
Healthcare 0.44% 0.91% #24 6
Prev: #18
0.7 -507,688 -4.3%
P
S
11,394,833 $31,221,842 2023 Q2 13F Filing 2026-03-31 2026-05-15
CORZ
CORE SCIENTIFIC...
PUT
PUT Option 0.42% 0.07% #25 10
Prev: #35
3.2 1,760,000 733.3%
P
S
2,000,000 $29,920,000 2024 Q1 13F Filing 2026-03-31 2026-05-15
VST
VISTRA CORP
Utilities 0.39% 0.83% #26 5
Prev: #21
0.2 -64,110 -25.7%
P
S
185,597 $27,900,797 2024 Q1 13F Filing 2026-03-31 2026-05-15
CIFR
CIPHER DIGITAL ...
Technology 0.37% 0.09% #27 7
Prev: #34
3.1 1,744,244 570.5%
P
S
2,050,000 $26,383,500 2025 Q2 13F Filing 2026-03-31 2026-05-15
QURE
UNIQURE NV
Healthcare 0.30% #28
Prev: #—
3.6 1,300,000
NEW
1,300,000 $21,255,000 2026 Q1 13F Filing 2026-03-31 2026-05-15
TAC
TRANSALTA CORP
Utilities 0.29% #29
Prev: #—
3.6 1,597,900
NEW
1,597,900 $20,932,490 2026 Q1 13F Filing 2026-03-31 2026-05-15
NBIS
NEBIUS GROUP N....
Communication Services 0.28% 0.59% #30 6
Prev: #24
0.1 -148,007 -43.0%
P
S
196,475 $20,386,246 2025 Q1 13F Filing 2026-03-31 2026-05-15
ROIV
ROIVANT SCIENCE...
CALL
CALL Option 0.28% 1.09% #31 15
Prev: #16
0.1 -1,703,200 -69.9%
P
S
732,300 $20,284,710 2021 Q4 13F Filing 2026-03-31 2026-05-15
STAA
STAAR SURGICAL ...
Healthcare 0.27% #32
Prev: #—
3.6 1,036,973
NEW
1,036,973 $19,391,395 2026 Q1 13F Filing 2026-03-31 2026-05-15
BTDR
BITDEER TECHNOL...
Technology 0.27% #33
Prev: #—
3.6 2,223,999
NEW
2,223,999 $19,237,591 2024 Q4 13F Filing 2026-03-31 2026-05-15
IBIT
ISHARES BITCOIN...
PUT
PUT Option 0.27% 1.25% #34 19
Prev: #15
0.1 -718,000 -58.9%
P
S
500,000 $19,210,000 2025 Q4 13F Filing 2026-03-31 2026-05-15
GLNG
GOLAR LNG LTD
CALL
CALL Option 0.19% #35
Prev: #—
3.6 250,000
NEW
250,000 $13,527,500 2025 Q1 13F Filing 2026-03-31 2026-05-15
SONO
SONOS INC
Technology 0.17% 0.12% #36 3
Prev: #33
3.1 596,865 185.1%
P
S
919,327 $12,318,982 2021 Q4 13F Filing 2026-03-31 2026-05-15
HUT
HUT 8 CORP
Financial Services 0.16% 0.47% #37 12
Prev: #25
0.1 -241,500 -49.1%
P
S
250,000 $11,727,500 2024 Q3 13F Filing 2026-03-31 2026-05-15
MSOS
ADVISORSHARES T...
ETF 0.16% 0.32% #38 9
Prev: #29
0.6 50,000 1.5%
P
S
3,302,409 $11,723,552 2025 Q3 13F Filing 2026-03-31 2026-05-15
N/A
SHARONAI HOLDIN...
Unknown 0.13% #39
Prev: #—
3.6 416,666
NEW
416,666 $9,470,818 13F Filing 2026-03-31 2026-05-15
MSOS
ADVISORSHARES T...
CALL
CALL Option 0.11% 0.35% #40 13
Prev: #27
0.0 -1,350,000 -37.8%
P
S
2,225,300 $7,899,815 2025 Q3 13F Filing 2026-03-31 2026-05-15
PAVM
PAVMED INC
Healthcare 0.07% #41
Prev: #—
3.5 461,539
NEW
461,539 $4,684,621 2026 Q1 13F Filing 2026-03-31 2026-05-15
OMEX
ODYSSEY MARINE ...
Basic Materials 0.07% 0.21% #42 12
Prev: #30
2.0 407,956 7.9%
P
S
5,592,985 $4,664,549 2021 Q4 13F Filing 2026-03-31 2026-05-15
LUCD
LUCID DIAGNOSTI...
Healthcare 0.05% 0.07% #43 7
Prev: #36
1.0 no change no change
P
S
3,000,000 $3,450,000 2025 Q3 13F Filing 2026-03-31 2026-05-15
CORZW
CORE SCIENTIFIC...
Unknown 0.04% 0.05% #44 7
Prev: #37
1.0 no change no change
P
S
289,539 $2,530,571 2024 Q1 13F Filing 2026-03-31 2026-05-15
DAR
DARLING INGREDI...
Consumer Defensive 0.01% #45
Prev: #—
3.5 16,527
NEW
16,527 $1,022,195 2026 Q1 13F Filing 2026-03-31 2026-05-15
CORZZ
CORE SCIENTIFIC...
Unknown 0.01% 0.01% #46 8
Prev: #38
1.0 no change no change
P
S
24,107 $361,605 2024 Q1 13F Filing 2026-03-31 2026-05-15
FRMI
FERMI INC
Real Estate 0.00% #47
Prev: #—
3.5 25,211
NEW
25,211 $147,232 2026 Q1 13F Filing 2026-03-31 2026-05-15
CRWV
COREWEAVE INC
Technology 0.00% 0.16%
Sold All 😨
(Was: #32)
0.0 -110,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
Communication Services 0.00% 0.19%
Sold All 😨
(Was: #31)
0.0 -14,272 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2026-03-31 2026-05-15
CLMT
CALUMET INC
CALL
CALL Option 0.00% 0.46%
Sold All 😨
(Was: #26)
0.0 -1,122,000 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 52 holdings

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