FourWorld Capital Management LLC

NEW YORK, NY · CIK 1770525 · 13F filing filed 2024-05-16

SEC-registered investment adviser since 2016 · limited liability company

Assets managed$1.4bn
Staff17 · 13 in investment roles
Main clients (by assets)Private funds 96%, Companies 3%
Private funds9 (9 hedge) · $939.8m gross assets
Form ADV · 2026-05-07SEC adviser record

Legal entityFOURWORLD CAPITAL MANAGEMENT LLC (US)

$108.0m reported value +41.8% vs Q4 2023

28positions

93.0%in top 10

20 new 4 added 2 reduced 4 sold out vs Q4 2023

Options: 4 call positions ($15.4m notional), 2 put positions ($27.9m notional) – listed below, not included above.

Holdings, Q1 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	TDCX INC ADS ADS		4,560,000	$32.7m30.27%	30.27%	New
2	SERITAGE GROWTH PPTYS CL A SRG	SRG	1,960,621	$18.9m17.52%	17.52%	Added +422.1k	+422,130 27.4%
3	HOLLYSYS AUTOMATION TCHNGY L SHS HOLI	HOLI	491,000	$12.6m11.63%	11.63%	Added +490.0k	+490,000 49000.0%
4	ODYSSEY MARINE EXPL INC COM NEW OMEX	OMEX	3,116,047	$11.9m10.99%	10.99%	Added +313.9k	+313,926 11.2%
5	ARBUTUS BIOPHARMA CORP COM ABUS	ABUS	3,000,527	$7.7m7.17%	7.17%	Added +1.9m	+1,909,676 175.1%
6	TEVOGEN BIO HLDGS INC *W EXP 02/14/202 TVGNW	TVGNW	1,450,000	$5.4m5.03%	5.03%	New
7	ALBERTSONS COS INC COMMON STOCK ACI	ACI	200,000	$4.3m3.97%	3.97%	Reduced -7.9k	-7,900 -3.8%
8	EVOLV TECHNOLOGIES HLDNGS IN COM CL A EVLV	EVLV	768,382	$3.4m3.17%	3.17%	New
9	EVOLUS INC COM EOLS	EOLS	153,620	$2.2m1.99%	1.99%	Reduced -50.0k	-50,000 -24.6%
10	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	35,000	$1.4m1.26%	1.26%	New
11	FERROGLOBE PLC SHS GSM	GSM	240,000	$1.2m1.11%	1.11%	New
12	SOLID POWER INC CLASS A COM SLDP	SLDP	477,129	$968.6k0.90%	0.90%	Unchanged
13	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	30,000	$948.6k0.88%	0.88%	New
14	B2GOLD CORP COM BTG	BTG	320,800	$837.3k0.78%	0.78%	New
15	AIRSCULPT TECHNOLOGIES INC COM AIRS	AIRS	90,767	$557.3k0.52%	0.52%	New
16	NEXTDOOR HOLDINGS INC COM CL A NXDR	NXDR	220,664	$496.5k0.46%	0.46%	New
17	GANNETT CO INC COM TDAY	TDAY	200,000	$488.0k0.45%	0.45%	New
18	THE ONCOLOGY INSTITUTE INC COM STLN	STLN	250,359	$395.6k0.37%	0.37%	New
19	CVRX INC COM CVRX	CVRX	20,550	$374.2k0.35%	0.35%	New
20	STANDARD BIOTOOLS INC COM LAB	LAB	91,700	$248.5k0.23%	0.23%	New
21	AUGMEDIX INC COM AUGX	AUGX	50,515	$206.6k0.19%	0.19%	New
22	NEURONETICS INC COM STIM	STIM	35,921	$171.0k0.16%	0.16%	New
23	BUMBLE INC COM CL A BMBL	BMBL	14,500	$164.6k0.15%	0.15%	New
24	COMTECH TELECOMMUNICATIONS C COM NEW CMTL	CMTL	44,500	$152.6k0.14%	0.14%	New
25	VIMEO INC COMMON STOCK VMEO	VMEO	34,965	$143.0k0.13%	0.13%	New
26	ALPHA TEKNOVA INC COM TKNO	TKNO	51,027	$135.2k0.13%	0.13%	New
27	EURONAV NV SHS CMBT	CMBT	4,000	$66.5k0.06%	0.06%	New
28	BRISTOL-MYERS SQUIBB CO RIGHT 12/30/2030 CELG-R	CELG-R	100,000	$5.4k0.01%	0.01%	Unchanged

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
SEMPER PARATUS ACQUISITION C		1,500,000	$16.7m1.5m shares
SEMPER PARATUS ACQUISITION C		1,450,000	$16.1m1.4m shares
IROBOT CORP IRBT	IRBT	9,639	$373.0k9.6k shares
PILGRIMS PRIDE CORP PPC	PPC	1,000	$27.7k1.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	40,000	$20.9m40.0k shares	Reduced
CYTOKINETICS INC CYTK · Call	CYTK	Call	100,000	$7.0m100.0k shares	Reduced
IROBOT CORP IRBT · Put	IRBT	Put	800,000	$7.0m800.0k shares	New
ARBUTUS BIOPHARMA CORP ABUS · Call	ABUS	Call	1,570,000	$4.1m1.6m shares	New
SERITAGE GROWTH PPTYS SRG · Call	SRG	Call	400,000	$3.9m400.0k shares	New
EVOLV TECHNOLOGIES HLDNGS IN EVLV · Call	EVLV	Call	100,000	$445.0k100.0k shares	New

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
SABLE OFFSHORE CORP SOC · 13G · filed 2026-02-19	SOC	5.8%≈ $25.9m	new	13G	2026-02-19