FourWorld Capital Management LLC

NEW YORK, NY · CIK 1770525 · 13F filing filed 2024-08-14

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)

$76.0m reported value -29.6% vs Q1 2024

28positions

94.7%in top 10

7 new 3 added 9 reduced 7 sold out vs Q1 2024

Options: 2 call positions ($5.2m notional), 1 put positions ($81.6m notional) – listed below, not included above.

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	ENDEAVOR GROUP HLDGS INC CL A COM CL A COM		629,064	$17.0m22.36%	22.36%	New
2	ODYSSEY MARINE EXPL INC COM NEW OMEX	OMEX	3,029,741	$14.8m19.45%	19.45%	Reduced -86.3k	-86,306 -2.8%
3	HOLLYSYS AUTOMATION TCHNGY L SHS HOLI	HOLI	491,000	$10.6m13.98%	13.98%	Unchanged
4	ARBUTUS BIOPHARMA CORP COM ABUS	ABUS	2,972,527	$9.2m12.08%	12.08%	Reduced -28.0k	-28,000 -0.9%
5	EVOLV TECHNOLOGIES HLDNGS IN COM CL A EVLV	EVLV	2,938,243	$7.5m9.85%	9.85%	Added +2.2m	+2,169,861 282.4%
6	SERITAGE GROWTH PPTYS CL A SRG	SRG	1,113,243	$5.2m6.84%	6.84%	Reduced -847.4k	-847,378 -43.2%
7	ALBERTSONS COS INC COMMON STOCK ACI	ACI	200,000	$4.0m5.20%	5.20%	Unchanged
8	EVOLUS INC COM EOLS	EOLS	153,620	$1.7m2.19%	2.19%	Unchanged
9	FERROGLOBE PLC SHS GSM	GSM	240,000	$1.3m1.69%	1.69%	Unchanged
10	SOLID POWER INC CLASS A COM SLDP	SLDP	477,129	$787.3k1.04%	1.04%	Unchanged
11	CENOVUS ENERGY INC COM CVE	CVE	34,000	$668.4k0.88%	0.88%	New
12	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	10,000	$421.2k0.55%	0.55%	Reduced -25.0k	-25,000 -71.4%
13	B2GOLD CORP COM BTG	BTG	150,000	$405.0k0.53%	0.53%	Reduced -170.8k	-170,800 -53.2%
14	CVRX INC COM CVRX	CVRX	30,087	$360.7k0.47%	0.47%	Added +9.5k	+9,537 46.4%
15	OPEN LENDING CORP COM LPRO	LPRO	64,399	$359.3k0.47%	0.47%	New
16	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	10,000	$339.3k0.45%	0.45%	Reduced -20.0k	-20,000 -66.7%
17	AIRSCULPT TECHNOLOGIES INC COM AIRS	AIRS	81,630	$326.5k0.43%	0.43%	Reduced -9.1k	-9,137 -10.1%
18	NEXTRACKER INC CLASS A COM NXT	NXT	6,625	$310.6k0.41%	0.41%	New
19	TEVOGEN BIO HLDGS INC *W EXP 02/14/202 TVGNW	TVGNW	1,450,000	$298.7k0.39%	0.39%	Unchanged
20	THE ONCOLOGY INSTITUTE INC COM STLN	STLN	257,000	$118.2k0.16%	0.16%	Added +6.6k	+6,641 2.6%
21	TPI COMPOSITES INC COM TPICQ	TPICQ	20,400	$81.4k0.11%	0.11%	New
22	PERPETUA RESOURCES CORP COM PPTA	PPTA	14,750	$76.7k0.10%	0.10%	New
23	ALPHA TEKNOVA INC COM TKNO	TKNO	51,027	$69.9k0.09%	0.09%	Unchanged
24	COMTECH TELECOMMUNICATIONS C COM NEW CMTL	CMTL	21,961	$66.5k0.09%	0.09%	Reduced -22.5k	-22,539 -50.6%
25	EURONAV NV SHS CMBT	CMBT	4,000	$66.2k0.09%	0.09%	Unchanged
26	NEURONETICS INC COM STIM	STIM	21,821	$39.3k0.05%	0.05%	Reduced -14.1k	-14,100 -39.2%
27	COMMSCOPE HLDG CO INC COM VISN	VISN	28,500	$35.1k0.05%	0.05%	New
28	BRISTOL-MYERS SQUIBB CO RIGHT 12/30/2030 CELG-R	CELG-R	100,000	$4.2k0.01%	0.01%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
TDCX INC		4,560,000	$32.7m4.6m shares
NEXTDOOR HOLDINGS INC NXDR	NXDR	220,664	$496.5k220.7k shares
GANNETT CO INC TDAY	TDAY	200,000	$488.0k200.0k shares
STANDARD BIOTOOLS INC LAB	LAB	91,700	$248.5k91.7k shares
AUGMEDIX INC AUGX	AUGX	50,515	$206.6k50.5k shares
BUMBLE INC BMBL	BMBL	14,500	$164.6k14.5k shares
VIMEO INC VMEO	VMEO	34,965	$143.0k35.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	150,000	$81.6m150.0k shares	Added
ARBUTUS BIOPHARMA CORP ABUS · Call	ABUS	Call	1,570,000	$4.9m1.6m shares	Unchanged
EVOLV TECHNOLOGIES HLDNGS IN EVLV · Call	EVLV	Call	129,400	$330.0k129.4k shares	Added

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