FourWorld Capital Management LLC

NEW YORK, NY · CIK 1770525 · 13F filing filed 2026-05-15

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)

$183.7m reported value +71.5% vs Q4 2025

19positions

93.0%in top 10

4 new 7 added 2 reduced 3 sold out vs Q4 2025

Options: 2 call positions ($1.3m notional), 3 put positions ($11.0m notional) – listed below, not included above.

Holdings, Q1 2026

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	SABLE OFFSHORE CORP COM SHS SOC	SOC	7,212,733	$119.2m64.87%	64.87%	Reduced -892.9k	-892,875 -11.0%
2	MISTER CAR WASH INC COM COM		1,200,000	$8.4m4.55%	4.55%	New
3	PRIORITY TECHNOLOGY HLDGS IN COM PRTH	PRTH	1,583,904	$7.5m4.07%	4.07%	Added +1.2m	+1,215,583 330.0%
4	TEVOGEN BIO HLDGS INC *W EXP 02/14/202 TVGNW	TVGNW	1,450,000	$6.6m3.57%	3.57%	Unchanged
5	GANNETT CO INC COM TDAY	TDAY	878,611	$6.2m3.37%	3.37%	New
6	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	100,000	$6.1m3.30%	3.30%	Unchanged
7	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	265,500	$5.0m2.72%	2.72%	New
8	MAGNACHIP SEMICONDUCTOR CORP COM MX	MX	1,657,701	$4.6m2.53%	2.53%	Added +1.4m	+1,441,593 667.1%
9	EVOLV TECHNOLOGIES HLDNGS IN COM CL A EVLV	EVLV	716,792	$4.3m2.36%	2.36%	Unchanged
10	SERITAGE GROWTH PPTYS CL A SRG	SRG	1,113,243	$3.1m1.70%	1.70%	Unchanged
11	AIRSCULPT TECHNOLOGIES INC COM AIRS	AIRS	987,757	$2.8m1.52%	1.52%	Added +507.5k	+507,483 105.7%
12	CVRX INC COM CVRX	CVRX	231,996	$2.2m1.19%	1.19%	Added +52.0k	+51,996 28.9%
13	NEURONETICS INC COM STIM	STIM	1,489,322	$2.2m1.18%	1.18%	Added +558.1k	+558,072 59.9%
14	THE ONCOLOGY INSTITUTE INC COM STLN	STLN	499,196	$1.5m0.83%	0.83%	Added +116.5k	+116,496 30.4%
15	SOLID POWER INC CLASS A COM SLDP	SLDP	477,129	$1.4m0.78%	0.78%	Unchanged
16	EXAGEN INC COM XGN	XGN	439,950	$1.3m0.72%	0.72%	Added +166.9k	+166,950 61.1%
17	TASKUS INC CLASS A COM TASK	TASK	100,000	$671.0k0.37%	0.37%	Unchanged
18	WW INTL INC COM NEW WW	WW	41,664	$572.5k0.31%	0.31%	Reduced -18.7k	-18,711 -31.0%
19	MOBILICOM LTD ORD SHS NEW MOB	MOB	20,000	$102.8k0.06%	0.06%	New

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLE	XLE	100,000	$4.5m100.0k shares
ENERGY SVCS ACQUISITION CORP ESOA	ESOA	80,000	$653.6k80.0k shares
CADIZ INC CDZI	CDZI	28,184	$158.1k28.2k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SABLE OFFSHORE CORP SOC · Put	SOC	Put	267,000	$4.4m267.0k shares	New
INVESCO EXCHANGE TRADED FD T RSP · Put	RSP	Put	17,500	$3.4m17.5k shares	New
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	5,000	$3.3m5.0k shares	New
SABLE OFFSHORE CORP SOC · Call	SOC	Call	66,500	$1.1m66.5k shares	Reduced
AIRSCULPT TECHNOLOGIES INC AIRS · Call	AIRS	Call	80,000	$226.4k80.0k 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