DeepCurrents Investment Group LLC

NEW YORK, NY · CIK 1754535 · 13F filing filed 2024-08-14

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$4.6bn
Staff12 · 6 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $3.5bn gross assets
Websitedeepcurrentsinvestment.com
Form ADV · 2026-03-31SEC adviser record

Legal entityDEEPCURRENTS INVESTMENT GROUP LLC (US)

Kindhedge funds, futures
Others nearbyNew York, NY

As an employer

Offices in1 country
Private fundshedge 1

$2.5bn reported value +2.7% vs Q1 2024

122positions

29.1%in top 10

21 new 30 added 20 reduced 33 sold out vs Q1 2024

Options: 9 call positions ($10.5m notional), 6 put positions ($41.8m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

Verition Fund Management LLC – files its own report too; $790.5m of shares are in both

Also in the report of:

Verition Fund Management LLC – $790.5m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NOVA LTD NOTE 10/1 · principal NVMI 0 10.15.25 · principal	NVMI 0 10.15.25	34,500,000	$108.3m4.36%	4.36%	Added +16.0m	+16,000,000 86.5%
2	INSIGHT ENTERPRISES INC NOTE 0.750% 2/1 · principal NSIT 0.75 02.15.25 · principal	NSIT 0.75 02.15.25	36,048,000	$104.6m4.21%	4.21%	Added +890.0k	+890,000 2.5%
3	CYBERARK SOFTWARE LTD NOTE 11/1 · principal CYBR 0 11.15.24 · principal	CYBR 0 11.15.24	41,410,000	$72.1m2.90%	2.90%	Unchanged
4	ZSCALER INC NOTE 0.125% 7/0 · principal ZS 0.125 07.01.25 · principal	ZS 0.125 07.01.25	52,918,000	$71.1m2.86%	2.86%	Unchanged
5	DATADOG INC NOTE 0.125% 6/1 · principal DDOG 0.125 06.15.25 · principal	DDOG 0.125 06.15.25	47,862,000	$69.3m2.79%	2.79%	Unchanged
6	MONGODB INC NOTE 0.250% 1/1 · principal MDB 0.25 01.15.26 · principal	MDB 0.25 01.15.26	51,533,000	$67.9m2.73%	2.73%	Added +18.5m	+18,533,000 56.2%
7	SEA LTD NOTE 2.375%12/0 · principal SEALTD 2.375 12.01.25 · principal	SEALTD 2.375 12.01.25	56,706,000	$60.7m2.44%	2.44%	Reduced -2.5m	-2,500,000 -4.2%
8	BLOCK INC NOTE 0.125% 3/0 · principal XYZ 0.125 03.01.25 · principal	XYZ 0.125 03.01.25	61,139,000	$58.9m2.37%	2.37%	Added +3.0m	+3,000,000 5.2%
9	NOVOCURE LTD NOTE 11/0 · principal NVCR 0 11.01.25 · principal	NVCR 0 11.01.25	64,043,000	$58.8m2.37%	2.37%	Added +17.3m	+17,293,000 37.0%
10	VARONIS SYS INC NOTE 1.250% 8/1 · principal VRNS 1.25 08.15.25 · principal	VRNS 1.25 08.15.25	32,750,000	$52.9m2.13%	2.13%	Added +14.8m	+14,750,000 81.9%
11	APELLIS PHARMACEUTICALS INC NOTE 3.500% 9/1 · principal APLS 3.5 09.15.26 · principal	APLS 3.5 09.15.26	38,528,000	$48.9m1.97%	1.97%	Added +12.2m	+12,221,000 46.5%
12	AIRBNB INC NOTE 3/1 · principal ABNB 0 03.15.26 · principal	ABNB 0 03.15.26	52,259,000	$47.8m1.92%	1.92%	Unchanged
13	CINEMARK HLDGS INC NOTE 4.500% 8/1 · principal CNK 4.5 08.15.25 · principal	CNK 4.5 08.15.25	30,003,000	$47.5m1.91%	1.91%	Reduced -15.3m	-15,307,000 -33.8%
14	NATERA INC NOTE 2.250% 5/0 · principal NTRA 2.25 05.01.27 · principal	NTRA 2.25 05.01.27	16,354,000	$46.5m1.87%	1.87%	Unchanged
15	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	42,500,000	$46.5m1.87%	1.87%	Unchanged
16	CHART INDS INC NOTE 1.000%11/1 · principal GTLS 1 11.15.24 · principal	GTLS 1 11.15.24	17,411,000	$43.0m1.73%	1.73%	Added +4.4m	+4,360,000 33.4%
17	BURLINGTON STORES INC NOTE 2.250% 4/1 · principal BURL 2.25 04.15.25 · principal	BURL 2.25 04.15.25	32,285,000	$38.0m1.53%	1.53%	Added +26.5m	+26,535,000 461.5%
18	DAYFORCE INC NOTE 0.250% 3/1 · principal DAY 0.25 03.15.26 · principal	DAY 0.25 03.15.26	38,528,000	$35.3m1.42%	1.42%	Unchanged
19	EVOLENT HEALTH INC NOTE 1.500%10/1 · principal EVH 1.5 10.15.25 · principal	EVH 1.5 10.15.25	36,213,000	$35.0m1.41%	1.41%	Unchanged
20	SPOTIFY USA INC NOTE 3/1 · principal SPOT 0 03.15.26 · principal	SPOT 0 03.15.26	35,900,000	$34.2m1.38%	1.38%	Reduced -2.5m	-2,500,000 -6.5%
21	INNOVIVA INC NOTE 2.500% 8/1 · principal INVA 2.5 08.15.25 · principal	INVA 2.5 08.15.25	30,895,000	$34.1m1.37%	1.37%	Added +30.5m	+30,512,000 7966.6%
22	MACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 · principal MTSI 0.25 03.15.26 · principal	MTSI 0.25 03.15.26	24,000,000	$33.7m1.36%	1.36%	Unchanged
23	GUESS INC NOTE 3.750% 4/1 · principal GES 3.75 04.15.28 · principal	GES 3.75 04.15.28	30,349,000	$33.5m1.34%	1.34%	New
24	SHIFT4 PMTS INC NOTE 12/1 · principal FOUR 0 12.15.25 · principal	FOUR 0 12.15.25	27,847,000	$31.3m1.26%	1.26%	Reduced -2.5m	-2,500,000 -8.2%
25	EVENTBRITE INC NOTE 5.000%12/0 · principal EB 5 12.01.25 · principal	EB 5 12.01.25	31,808,000	$31.2m1.25%	1.25%	Unchanged
26	MANNKIND CORP NOTE 2.500% 3/0 · principal MNKD 2.5 03.01.26 · principal	MNKD 2.5 03.01.26	25,500,000	$30.9m1.24%	1.24%	Added +2.0m	+2,000,000 8.5%
27	EXACT SCIENCES CORP NOTE 1.000% 1/1 · principal EXAS 1 01.15.25 · principal	EXAS 1 01.15.25	31,575,000	$30.8m1.24%	1.24%	Added +26.0m	+26,000,000 466.4%
28	ALPHATEC HLDGS INC NOTE 0.750% 8/0 · principal ATEC 0.75 08.01.26 · principal	ATEC 0.75 08.01.26	30,500,000	$29.4m1.18%	1.18%	Reduced -2.5m	-2,500,000 -7.6%
29	PTC THERAPEUTICS INC NOTE 1.500% 9/1 · principal PTCT 1.5 09.15.26 · principal	PTCT 1.5 09.15.26	30,151,000	$29.0m1.17%	1.17%	Unchanged
30	AXON ENTERPRISE INC NOTE 0.500%12/1 · principal AXON 0.5 12.15.27 · principal	AXON 0.5 12.15.27	21,000,000	$28.9m1.16%	1.16%	Reduced -3.0m	-3,000,000 -12.5%
31	LIVE NATION ENTERTAINMENT IN NOTE 2.000% 2/1 · principal LYV 2 02.15.25 · principal	LYV 2 02.15.25	27,638,000	$28.5m1.15%	1.15%	Added +7.0m	+7,000,000 33.9%
32	VERINT SYSTEMS INC NOTE 0.250% 4/1 · principal VRNT 0.25 04.15.26 · principal	VRNT 0.25 04.15.26	29,905,000	$27.6m1.11%	1.11%	Added +2.5m	+2,500,000 9.1%
33	ARTIVION INC NOTE 4.250% 7/0 · principal AORT 4.25 07.01.25 · principal	AORT 4.25 07.01.25	21,975,000	$27.4m1.10%	1.10%	Unchanged
34	DYNAVAX TECHNOLOGIES CORP NOTE 2.500% 5/1 · principal DVAX 2.5 05.15.26 · principal	DVAX 2.5 05.15.26	21,000,000	$26.2m1.05%	1.05%	Unchanged
35	LIVENT CORP NOTE 4.125% 7/1 · principal LTHM 4.125 07.15.25 · principal	LTHM 4.125 07.15.25	22,251,000	$26.0m1.04%	1.04%	Added +2.5m	+2,460,000 12.4%
36	CANADIAN SOLAR INC NOTE 2.500%10/0 · principal CSIQ 2.5 10.01.25 · principal	CSIQ 2.5 10.01.25	27,809,000	$25.8m1.04%	1.04%	New
37	VAREX IMAGING CORP NOTE 4.000% 6/0 · principal VREX 4 06.01.25 · principal	VREX 4 06.01.25	24,750,000	$24.8m1.00%	1.00%	Added +5.0m	+5,000,000 25.3%
38	AFFIRM HLDGS INC NOTE 11/1 · principal AFRM 0 11.15.26 · principal	AFRM 0 11.15.26	28,167,000	$23.5m0.95%	0.95%	Unchanged
39	NATIONAL VISION HLDGS INC NOTE 2.500% 5/1 · principal EYE 2.5 05.15.25 · principal	EYE 2.5 05.15.25	23,500,000	$22.8m0.92%	0.92%	Unchanged
40	TECHTARGET INC NOTE 12/1 · principal TTGT 0 12.15.26 · principal	TTGT 0 12.15.26	23,500,000	$22.7m0.91%	0.91%	Unchanged
41	NICE LTD NOTE 9/1 · principal NICEIT 0 09.15.25 · principal	NICEIT 0 09.15.25	23,103,000	$21.7m0.87%	0.87%	Added +13.2m	+13,153,000 132.2%
42	INSMED INC NOTE 0.750% 6/0 · principal INSM 0.75 06.01.28 · principal	INSM 0.75 06.01.28	10,000,000	$21.2m0.85%	0.85%	New
43	BLOOM ENERGY CORP NOTE 3.000% 6/0 · principal BE 3 06.01.28 · principal	BE 3 06.01.28	21,500,000	$20.6m0.83%	0.83%	New
44	ITRON INC NOTE 3/1 · principal ITRI 0 03.15.26 · principal	ITRI 0 03.15.26	20,000,000	$20.2m0.81%	0.81%	Unchanged
45	PETIQ INC NOTE 4.000% 6/0 · principal PETQ 4 06.01.26 · principal	PETQ 4 06.01.26	18,461,000	$19.7m0.79%	0.79%	Added +6.3m	+6,327,000 52.1%
46	MARCUS CORP DEL NOTE 5.000% 9/1 · principal MCS 5 09.15.25 · principal	MCS 5 09.15.25	16,151,000	$19.2m0.77%	0.77%	Added +4.2m	+4,151,000 34.6%
47	GOPRO INC NOTE 1.250%11/1 · principal GPRO 1.25 11.15.25 · principal	GPRO 1.25 11.15.25	19,888,000	$18.6m0.75%	0.75%	Reduced -15.2m	-15,222,000 -43.4%
48	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	22,200,000	$18.4m0.74%	0.74%	Added +1.5m	+1,500,000 7.2%
49	ENPHASE ENERGY INC NOTE 3/0 · principal ENPH 0 03.01.26 · principal	ENPH 0 03.01.26	20,208,000	$18.4m0.74%	0.74%	Unchanged
50	NUTANIX INC NOTE 0.250%10/0 · principal NTNX 0.25 10.01.27 · principal	NTNX 0.25 10.01.27	15,500,000	$18.1m0.73%	0.73%	Unchanged
51	WOLFSPEED INC NOTE 1.750% 5/0 · principal WOLF 1.75 05.01.26 · principal	WOLF 1.75 05.01.26	20,000,000	$18.0m0.72%	0.72%	Reduced -7.5m	-7,500,000 -27.3%
52	NEVRO CORP NOTE 2.750% 4/0 · principal NVRO 2.75 04.01.25 · principal	NVRO 2.75 04.01.25	18,417,000	$17.7m0.71%	0.71%	New
53	CERENCE INC NOTE 3.000% 6/0 · principal CRNC 3 06.01.25 · principal	CRNC 3 06.01.25	18,992,000	$17.7m0.71%	0.71%	Reduced -890.0k	-890,000 -4.5%
54	BOX INC NOTE 1/1 · principal BOX 0 01.15.26 · principal	BOX 0 01.15.26	15,338,000	$17.6m0.71%	0.71%	Unchanged
55	STANDARD BIOTOOLS INC NOTE 5.250%12/0 · principal LAB 5.25 12.01.24 · principal	LAB 5.25 12.01.24	17,394,000	$17.3m0.70%	0.70%	Reduced -601.0k	-601,000 -3.3%
56	OMEROS CORP NOTE 5.250% 2/1 · principal OMER 5.25 02.15.26 · principal	OMER 5.25 02.15.26	23,714,000	$17.2m0.69%	0.69%	Added +2.0m	+2,000,000 9.2%
57	SUNNOVA ENERGY INTL INC. NOTE 0.250%12/0 · principal NOVA 0.25 12.01.26 · principal	NOVA 0.25 12.01.26	35,310,000	$17.2m0.69%	0.69%	Unchanged
58	SHOPIFY INC NOTE 0.125%11/0 · principal SHOPCN 0.125 11.01.25 · principal	SHOPCN 0.125 11.01.25	17,508,000	$16.4m0.66%	0.66%	Unchanged
59	UPSTART HLDGS INC NOTE 0.250% 8/1 · principal UPST 0.25 08.15.26 · principal	UPST 0.25 08.15.26	20,030,000	$15.9m0.64%	0.64%	Unchanged
60	IONIS PHARMACEUTICALS INC NOTE 4/0 · principal IONS 0 04.01.26 · principal	IONS 0 04.01.26	15,000,000	$15.4m0.62%	0.62%	Added +1.5m	+1,500,000 11.1%
61	GOSSAMER BIO INC NOTE 5.000% 6/0 · principal GOSS 5 06.01.27 · principal	GOSS 5 06.01.27	29,860,000	$15.0m0.60%	0.60%	Unchanged
62	CHEESECAKE FACTORY INC NOTE 0.375% 6/1 · principal CAKE 0.375 06.15.26 · principal	CAKE 0.375 06.15.26	15,833,000	$14.4m0.58%	0.58%	Unchanged
63	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	26,160	$14.2m0.57%	0.57%	Reduced -85.5k	-85,544 -76.6%
64	Q2 HLDGS INC NOTE 0.125%11/1 · principal QTWO 0.125 11.15.25 · principal	QTWO 0.125 11.15.25	15,152,000	$14.2m0.57%	0.57%	Added +5.0m	+5,000,000 49.2%
65	CYTOKINETICS INC NOTE 3.500% 7/0 · principal CYTK 3.5 07.01.27 · principal	CYTK 3.5 07.01.27	10,350,000	$13.6m0.54%	0.54%	Reduced -7.0m	-7,000,000 -40.4%
66	IMPINJ INC NOTE 1.125% 5/1 · principal PI 1.125 05.15.27 · principal	PI 1.125 05.15.27	8,500,000	$13.2m0.53%	0.53%	Unchanged
67	SEA LTD NOTE 1.000%12/0 · principal SEALTD 1 12.01.24 · principal	SEALTD 1 12.01.24	8,951,000	$12.9m0.52%	0.52%	Reduced -1.0m	-1,000,000 -10.1%
68	TILRAY BRANDS INC NOTE 5.200% 6/1 · principal TLRY 5.2 06.15.27 · principal	TLRY 5.2 06.15.27	13,000,000	$12.5m0.50%	0.50%	Unchanged
69	WESTERN DIGITAL CORP COM WDC	WDC	163,715	$12.4m0.50%	0.50%	Added +1.0k	+1,018 0.6%
70	DISH NETWORK CORPORATION NOTE 3.375% 8/1 · principal DISH 3.375 08.15.26 · principal	DISH 3.375 08.15.26	18,927,000	$11.8m0.47%	0.47%	Unchanged
71	WOLFSPEED INC NOTE 1.875%12/0 · principal WOLF 1.875 12.01.29 · principal	WOLF 1.875 12.01.29	20,500,000	$11.5m0.46%	0.46%	Unchanged
72	FUBOTV INC NOTE 3.250% 2/1 · principal FUBO 3.25 02.15.26 · principal	FUBO 3.25 02.15.26	19,333,000	$11.1m0.45%	0.45%	Added +1.5m	+1,500,000 8.4%
73	SHAKE SHACK INC NOTE 3/0 · principal SHAK 0 03.01.28 · principal	SHAK 0 03.01.28	12,676,000	$11.0m0.44%	0.44%	Unchanged
74	SOLAREDGE TECHNOLOGIES INC NOTE 9/1 · principal SEDG 0 09.15.25 · principal	SEDG 0 09.15.25	11,711,000	$10.7m0.43%	0.43%	Reduced -37.3m	-37,300,000 -76.1%
75	OKTA INC NOTE 0.125% 9/0 · principal OKTA 0.125 09.01.25 · principal	OKTA 0.125 09.01.25	11,000,000	$10.4m0.42%	0.42%	Unchanged
76	BENTLEY SYS INC NOTE 0.375% 7/0 · principal BSY 0.375 07.01.27 · principal	BSY 0.375 07.01.27	11,500,000	$10.3m0.41%	0.41%	Added +6.0m	+6,000,000 109.1%
77	IMAX CORP NOTE 0.500% 4/0 · principal IMAX 0.5 04.01.26 · principal	IMAX 0.5 04.01.26	10,718,000	$10.0m0.40%	0.40%	Unchanged
78	MITEK SYS INC NOTE 0.750% 2/0 · principal MITK 0.75 02.01.26 · principal	MITK 0.75 02.01.26	10,454,000	$9.8m0.39%	0.39%	Added +7.0m	+6,954,000 198.7%
79	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	117,182	$9.6m0.39%	0.39%	Reduced -18.2k	-18,166 -13.4%
80	PROGRESS SOFTWARE CORP NOTE 1.000% 4/1 · principal PRGS 1 04.15.26 · principal	PRGS 1 04.15.26	9,000,000	$9.5m0.38%	0.38%	New
81	WAYFAIR INC NOTE 1.000% 8/1 · principal W 1 08.15.26 · principal	W 1 08.15.26	10,000,000	$9.0m0.36%	0.36%	Unchanged
82	SNAP INC NOTE 0.125% 3/0 · principal SNAP 0.125 03.01.28 · principal	SNAP 0.125 03.01.28	11,270,000	$9.0m0.36%	0.36%	Unchanged
83	LITHIUM ARGENTINA AG NOTE 1.750% 1/1 · principal LARCN 1.75 01.15.27 · principal	LARCN 1.75 01.15.27	12,155,000	$8.7m0.35%	0.35%	Unchanged
84	ALARM COM HLDGS INC NOTE 1/1 · principal ALRM 0 01.15.26 · principal	ALRM 0 01.15.26	9,472,000	$8.7m0.35%	0.35%	Unchanged
85	ASSERTIO HOLDINGS INC NOTE 6.500% 9/0 · principal ASRT 6.5 09.01.27 · principal	ASRT 6.5 09.01.27	9,850,000	$8.5m0.34%	0.34%	Reduced -1.0m	-1,000,000 -9.2%
86	BEYOND MEAT INC NOTE 3/1 · principal BYND 0 03.15.27 · principal	BYND 0 03.15.27	40,098,000	$8.4m0.34%	0.34%	Unchanged
87	I3 VERTICALS LLC NOTE 1.000% 2/1 · principal IIIV 1 02.15.25 · principal	IIIV 1 02.15.25	8,723,000	$8.4m0.34%	0.34%	Reduced -3.9m	-3,906,000 -30.9%
88	TRANSMEDICS GROUP INC NOTE 1.500% 6/0 · principal TMDX 1.5 06.01.28 · principal	TMDX 1.5 06.01.28	4,300,000	$7.6m0.31%	0.31%	New
89	DEXCOM INC NOTE 0.375% 5/1 · principal DXCM 0.375 05.15.28 · principal	DXCM 0.375 05.15.28	7,500,000	$7.3m0.30%	0.30%	New
90	PAGERDUTY INC NOTE 1.250% 7/0 · principal PD 1.25 07.01.25 · principal	PD 1.25 07.01.25	7,303,000	$7.0m0.28%	0.28%	Unchanged
91	TYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 · principal TYL 0.25 03.15.26 · principal	TYL 0.25 03.15.26	5,583,000	$6.1m0.25%	0.25%	New
92	FARO TECHNOLOGIES INC NOTE 5.500% 2/0 · principal FARO 5.5 02.01.28 · principal	FARO 5.5 02.01.28	6,500,000	$5.5m0.22%	0.22%	Reduced -2.0m	-2,000,000 -23.5%
93	INSMED INC NOTE 1.750% 1/1 · principal INSM 1.75 01.15.25 · principal	INSM 1.75 01.15.25	3,000,000	$5.1m0.21%	0.21%	New
94	ACCURAY INC DEL NOTE 3.750% 6/0 · principal ARAY 3.75 06.01.26 · principal	ARAY 3.75 06.01.26	5,600,000	$4.8m0.19%	0.19%	Unchanged
95	MICROSTRATEGY INC NOTE 2/1 · principal MSTR 0 02.15.27 · principal	MSTR 0 02.15.27	4,000,000	$4.8m0.19%	0.19%	Unchanged
96	TPI COMPOSITES INC NOTE 5.250% 3/1 · principal TPIC 5.25 03.15.28 · principal	TPIC 5.25 03.15.28	8,650,000	$4.7m0.19%	0.19%	Unchanged
97	INFINERA CORP NOTE 2.500% 3/0 · principal INFN 2.5 03.01.27 · principal	INFN 2.5 03.01.27	4,245,000	$4.3m0.17%	0.17%	New
98	SUNNOVA ENERGY INTL INC. NOTE 2.625% 2/1 · principal NOVA 2.625 02.15.28 · principal	NOVA 2.625 02.15.28	11,500,000	$4.0m0.16%	0.16%	Unchanged
99	MESA LABS INC NOTE 1.375% 8/1 · principal MLAB 1.375 08.15.25 · principal	MLAB 1.375 08.15.25	4,388,000	$4.0m0.16%	0.16%	Unchanged
100	DISH NETWORK CORPORATION NOTE 12/1 · principal DISH 0 12.15.25 · principal	DISH 0 12.15.25	5,273,000	$3.9m0.16%	0.16%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
BILIBILI INC BILI 1.375 04.01.26	BILI 1.375 04.01.26	49,650,000	$49.7m49.6m shares
BLOOM ENERGY CORP BE 2.5 08.15.25	BE 2.5 08.15.25	27,797,000	$29.3m27.8m shares
IRONWOOD PHARMACEUTICALS INC IRWD 0.75 06.15.24	IRWD 0.75 06.15.24	18,500,000	$18.4m18.5m shares
EXACT SCIENCES CORP EXAS 0.375 03.15.27	EXAS 0.375 03.15.27	17,900,000	$17.2m17.9m shares
MICROCHIP TECHNOLOGY INC. MCHP	MCHP	97,650	$8.8m97.7k shares
PERFICIENT INC PRFT 0.125 11.15.26	PRFT 0.125 11.15.26	9,450,000	$8.1m9.4m shares
BENTLEY SYS INC BSY 0.125 01.15.26	BSY 0.125 01.15.26	4,000,000	$7.7m4.0m shares
MICROSTRATEGY INC MSTR 0.75 12.15.25	MSTR 0.75 12.15.25	4,025,000	$7.5m4.0m shares
XOMETRY INC XMTR 1 02.01.27	XMTR 1 02.01.27	9,150,000	$6.8m9.2m shares
NOVAVAX INC NVAX 5 12.15.27	NVAX 5 12.15.27	7,200,000	$6.5m7.2m shares
STARWOOD PPTY TR INC STWD 6.75 07.15.27	STWD 6.75 07.15.27	7,000,000	$6.4m7.0m shares
SNAP INC SNAP 0.25 05.01.25	SNAP 0.25 05.01.25	5,042,000	$5.5m5.0m shares
SPDR SER TR KRE	KRE	106,045	$5.3m106.0k shares
ON SEMICONDUCTOR CORP ON 0.5 03.01.29	ON 0.5 03.01.29	5,500,000	$5.1m5.5m shares
PROS HOLDINGS INC PRO 2.25 09.15.27	PRO 2.25 09.15.27	3,419,000	$4.7m3.4m shares
BLACKLINE INC BL 0.125 08.01.24	BL 0.125 08.01.24	5,400,000	$4.7m5.4m shares
2U INC TWOU 2.25 05.01.25	TWOU 2.25 05.01.25	9,688,000	$4.5m9.7m shares
KARYOPHARM THERAPEUTICS INC KPTI 3 10.15.25	KPTI 3 10.15.25	5,250,000	$4.1m5.2m shares
RIVIAN AUTOMOTIVE INC RIVN 4.625 03.15.29	RIVN 4.625 03.15.29	4,500,000	$3.9m4.5m shares
EXXON MOBIL CORP XOM	XOM	31,600	$3.7m31.6k shares
CARDLYTICS INC CDLX 1 09.15.25	CDLX 1 09.15.25	2,500,000	$2.6m2.5m shares
COLLEGIUM PHARMACEUTICAL INC COLL 2.625 02.15.26	COLL 2.625 02.15.26	1,985,000	$2.6m2.0m shares
IQIYI INC IQ 6.5 03.15.28	IQ 6.5 03.15.28	2,500,000	$2.3m2.5m shares
COINBASE GLOBAL INC COIN 0.5 06.01.26	COIN 0.5 06.01.26	2,065,000	$2.2m2.1m shares
IRHYTHM TECHNOLOGIES INC IRTC	IRTC	16,600	$1.9m16.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
TELUS CORPORATION TU · Put	TU	Put	9,850	$14.9m9.8k shares	New
MANULIFE FINL CORP MFC · Put	MFC	Put	5,324	$14.2m5.3k shares	New
WELLS FARGO CO NEW WFC · Put	WFC	Put	1,500	$8.9m1.5k shares	Unchanged
AMAZON COM INC AMZN · Call	AMZN	Call	200	$3.9m200 shares	New
THE REALREAL INC REAL · Call	REAL	Call	1,195,001	$3.8m1.2m shares	Unchanged
WESTERN DIGITAL CORP WDC · Put	WDC	Put	435	$3.3m435 shares	Unchanged
PAYPAL HLDGS INC PYPL · Call	PYPL	Call	352	$2.0m352 shares	Unchanged
STRUCTURE THERAPEUTICS INC GPCR · Call	GPCR	Call	103	$404.5k103 shares	Reduced
OMEROS CORP OMER · Put	OMER	Put	652	$264.7k652 shares	New
NOVAVAX INC NVAX · Put	NVAX	Put	163	$206.4k163 shares	New
MORINGA ACQUISITION CORP Call		Call	14,183	$166.7k14.2k shares	Unchanged
CORE SCIENTIFIC INC NEW CORZZ · Call	CORZZ	Call	16,327	$151.8k16.3k shares	New
MOOLEC SCIENCE SA MLECW · Call	MLECW	Call	16,313	$17.9k16.3k shares	Unchanged
SHARECARE INC Call		Call	10,990	$14.8k11.0k shares	New
SELINA HOSPITALITY PLC SLNWF · Call	SLNWF	Call	20,693	$1.5k20.7k shares	Reduced

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
GOSSAMER BIO INC GOSS · 13G · filed 2026-06-11	GOSS	7.7%≈ $6.2m	new	13G	2026-06-11