DeepCurrents Investment Group LLC
Follow13F filer, CIK 1754535, NEW YORK, NY
DeepCurrents Investment Group LLC reported $3,176,252,758 across 162 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 28.41% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001420506-25-000574
- Period
- 2024-12-31
- Reported value
- $3.18B
- Holdings
- 162
- Top 10 weight
- 28.41%
- New
- 34
- Sold out
- 38
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TCOMnew | +80,066 | $5.5M |
| Tnew | +160,233 | $2.17M |
| SEnew | +18,900 | $2.01M |
| INDInew | +305,547 | $1.24M |
| ALTAIR ENGINEERING INCnew | +10,000 | $1.09M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| MAXEON SOLAR TECHNOLOGIES LTexited | -4,078,261 | -$39.4M |
| TUexited | -100,059 | -$1.68M |
| VIZIO HOLDING CORPexited | -144,882 | -$1.62M |
| ANSYS INCexited | -4,909 | -$1.56M |
| BMRNreduced | -20,486 | -$1.35M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 28 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| TLTISHARES TR 20 YR TR BD ETF | call | 3,000 | $26.2M | new |
| MFCMANULIFE FINL CORP COM | put | 5,324 | $16.3M | 0 |
| NKENIKE INC COM | call | 2,000 | $15.1M | new |
| REALTHE REALREAL INC COM | call | 1,339,393 | $14.6M | +129,187 |
| TUTELUS CORPORATION Stock | put | 9,850 | $13.4M | 0 |
| IWMISHARES TR SHS | call | 556 | $12.3M | new |
| ACIALBERTSONS COMPANIES INC Stock | call | 5,576 | $11M | new |
| WFCWELLS FARGO & CO COM | put | 1,500 | $10.5M | 0 |
| BMRNBIOMARIN PHARMACEUTICAL INC COM | call | 750 | $4.93M | 0 |
| CVSCVS HEALTH CORP COM | call | 1,000 | $4.49M | 0 |
| INTCINTEL CORP COM | call | 2,000 | $4.01M | new |
| OMEROMEROS CORP COM | put | 3,459 | $3.42M | 0 |
| CPRICAPRI HOLDINGS LIMITED SHS | call | 1,500 | $3.16M | new |
| SMCISUPER MICRO COMPUTER INC COM NEW | call | 1,000 | $3.05M | new |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | call | 802 | $2.73M | 0 |
| NIONIO INC ADR | put | 6,000 | $2.62M | 0 |
| LYFTLYFT INC CL A COM | call | 2,000 | $2.58M | 0 |
| WDCWESTERN DIGITAL CORP COM | put | 400 | $2.39M | new |
| TCOMTRIP COM GROUP LTD ADR | put | 333 | $2.29M | new |
| MSFTMICROSOFT CORP COM | call | 50 | $2.11M | new |
| IRENIREN LIMITED STOK | put | 2,000 | $1.96M | 0 |
| THTARGET HOSPITALITY CORP Common Stock, par value $0.0001 per share | put | 1,000 | $966K | new |
| THTARGET HOSPITALITY CORP Common Stock, par value $0.0001 per share | call | 1,000 | $966K | new |
| SLXNWSILEXION THERAPEUTICS CORP *W EXP 08/15/202 | call | 14,183 | $28.5K | 0 |
| MOOLEC SCIENCE SAMOOLEC SCIENCE SA *W EXP 12/30/202 | call | 16,313 | $13.1K | 0 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SEA LTDSEA LTD NOTE 2.375%12/0 | principal | 85,206,000 | $108M | 0 |
| Shift4 Payments IncShift4 Payments Inc Convertible bond | principal | 77,933,000 | $105M | +14,259,000 |
| CINEMARK HLDGS INCCINEMARK HLDGS INC NOTE 4.500% 8/1 | principal | 44,310,000 | $96.4M | +1,000,000 |
| NOVA LTDNOVA LTD BOND | principal | 34,500,000 | $90.9M | 0 |
| AXON ENTERPRISE INCAXON ENTERPRISE INC NOTE 0.500%12/1 | principal | 33,500,000 | $87.4M | +12,500,000 |
| LIVENT CORPLIVENT CORP BOND | principal | 57,456,000 | $83.6M | +5,000,000 |
| INSIGHT ENTERPRISES INCINSIGHT ENTERPRISES INC NOTE 0.750% 2/1 | principal | 36,048,000 | $81.4M | 0 |
| INSULET CORPINSULET CORP NOTE 0.375% 9/0 | principal | 56,750,000 | $71.8M | +8,750,000 |
| NOVOCURE LTDNOVOCURE LTD NOTE 11/0 | principal | 69,468,000 | $66.3M | +2,425,000 |
| ZSCALER INCZSCALER INC NOTE 0.125% 7/0 | principal | 52,918,000 | $65.7M | 0 |
| BLOCK INCBLOCK INC NOTE 0.125% 3/0 | principal | 66,139,000 | $65.7M | 0 |
| CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1 | principal | 65,101,000 | $62.6M | +13,000,000 |
| INSMED INCINSMED INC NOTE 0.750% 6/0 | principal | 28,634,000 | $62.2M | +582,000 |
| Dynavax Technologies Corp.Dynavax Technologies Corp. CCB | principal | 43,500,000 | $57.1M | 0 |
| LIVONGO HEALTH INCLIVONGO HEALTH INC NOTE 0.875% 6/0 | principal | 58,000,000 | $56.7M | +56,000,000 |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 49,505,000 | $55.4M | 0 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 56,213,000 | $54.2M | +7,213,000 |
| VARONIS SYS INCVARONIS SYS INC BOND | principal | 36,250,000 | $52.8M | 0 |
| APELLIS PHARMACEUTICALS INCAPELLIS PHARMACEUTICALS INC NOTE 3.500% 9/1 | principal | 44,494,000 | $51.5M | +5,966,000 |
| INNOVIVA INCINNOVIVA INC NOTE 2.500% 8/1 | principal | 45,467,000 | $50.2M | +8,439,000 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 48,528,000 | $46.6M | 0 |
| ALPHATEC HLDGS INCALPHATEC HLDGS INC NOTE 0.750% 8/0 | principal | 45,750,000 | $43.4M | +9,500,000 |
| DATADOG INCDATADOG INC NOTE 0.125% 6/1 | principal | 27,862,000 | $43.2M | -20,000,000 |
| BURLINGTON STORES INCBURLINGTON STORES INC NOTE 2.250% 4/1 | principal | 32,285,000 | $42.1M | 0 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 1.000% 1/1 | principal | 40,075,000 | $39.9M | +8,500,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 36,900,000 | $39.4M | +1,000,000 |
| NICE LTDNICE LTD NOTE 9/1 | principal | 40,272,000 | $38.8M | +7,130,000 |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 26,383,000 | $36.5M | +4,883,000 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC NOTE 1.500%10/1 | principal | 36,213,000 | $35.3M | 0 |
| PTC THERAPEUTICS INCPTC THERAPEUTICS INC NOTE 1.500% 9/1 | principal | 30,151,000 | $33.4M | 0 |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 35,000,000 | $31.8M | new |
| WOLFSPEED INCWOLFSPEED INC NOTE 1.750% 5/0 | principal | 36,500,000 | $31.8M | +16,500,000 |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC NOTE 9/1 | principal | 33,748,000 | $31.6M | +6,000,000 |
| GUESS INCGUESS INC BOND | principal | 30,349,000 | $28.6M | 0 |
| ARTIVION INCARTIVION INC NOTE 4.250% 7/0 | principal | 21,975,000 | $28.2M | 0 |
| VERINT SYSTEMS INCVERINT SYSTEMS INC BOND | principal | 29,905,000 | $28.1M | 0 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 26,776,000 | $27.4M | 0 |
| GOPRO INCGOPRO INC BOND | principal | 30,110,000 | $26.9M | 0 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 2.500%10/0 | principal | 27,809,000 | $26.1M | 0 |
| INTEGRA LIFESCIENCES HLDGS CINTEGRA LIFESCIENCES HLDGS C NOTE 0.500% 8/1 | principal | 26,505,000 | $25.6M | +20,000,000 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1 | principal | 28,167,000 | $25.5M | 0 |
| VAREX IMAGING CORPVAREX IMAGING CORP NOTE 4.000% 6/0 | principal | 25,050,000 | $25.1M | +300,000 |
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1 | principal | 23,257,000 | $24.8M | +127,000 |
| OMEROS CORPOMEROS CORP NOTE 5.250% 2/1 | principal | 25,614,000 | $24.3M | +250,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 25,922,000 | $24.3M | +2,464,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 28,229,000 | $24.1M | 0 |
| MAGNITE INCMAGNITE INC NOTE 0.250% 3/1 | principal | 25,567,000 | $23.9M | +4,000,000 |
| IRONWOOD PHARMACEUTICALS INCIRONWOOD PHARMACEUTICALS INC NOTE 1.500% 6/1 | principal | 25,000,000 | $23.6M | 0 |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 0.250% 8/1 | principal | 25,965,000 | $23.4M | +35,000 |
| CAMTEK LTDCAMTEK LTD BOND | principal | 15,485,000 | $23.2M | 0 |
| ITRON INCITRON INC NOTE 3/1 | principal | 22,000,000 | $22.8M | 0 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 24,500,000 | $22.1M | 0 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 22,500,000 | $20.2M | 0 |
| STRIDE INCSTRIDE INC NOTE 1.125% 9/0 | principal | 10,000,000 | $20.2M | new |
| REDFIN CORPREDFIN CORP NOTE 0.500% 4/0 | principal | 26,310,000 | $20.1M | 0 |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. NOTE 0.250%12/0 | principal | 32,810,000 | $20M | 0 |
| CHEESECAKE FACTORY INCCHEESECAKE FACTORY INC NOTE 0.375% 6/1 | principal | 19,831,000 | $19.6M | -3,000,000 |
| BOX INCBOX INC NOTE 1/1 | principal | 15,338,000 | $19.4M | 0 |
| CERENCE INCCERENCE INC NOTE 3.000% 6/0 | principal | 18,992,000 | $18.7M | 0 |
| NEVRO CORPNEVRO CORP NOTE 2.750% 4/0 | principal | 18,417,000 | $18M | 0 |
| 3D SYS CORP DEL3D SYS CORP DEL NOTE 11/1 | principal | 20,173,000 | $17.9M | 0 |
| Shopify IncShopify Inc Convertible bond | principal | 17,508,000 | $17.8M | 0 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0 | principal | 16,406,000 | $17.2M | +2,000,000 |
| MITEK SYS INCMITEK SYS INC NOTE 0.750% 2/0 | principal | 17,438,000 | $16.8M | +6,984,000 |
| NUTANIX INCNUTANIX INC Convertible | principal | 13,650,000 | $16.5M | -1,850,000 |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.125%11/1 | principal | 15,152,000 | $15.1M | 0 |
| GOSSAMER BIO INCGOSSAMER BIO INC NOTE 5.000% 6/0 | principal | 27,860,000 | $15M | -2,000,000 |
| IMPINJ INCIMPINJ INC NOTE 1.125% 5/1 | principal | 10,500,000 | $14.9M | 0 |
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 21,482,000 | $14.9M | 0 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 13,750,000 | $14.9M | 0 |
| FUBOTV INCFUBOTV INC NOTE 3.250% 2/1 | principal | 18,333,000 | $14.2M | 0 |
| TILRAY BRANDS INCTILRAY BRANDS INC NOTE 5.200% 6/1 | principal | 15,000,000 | $14.2M | 0 |
| PURECYCLE TECHNOLOGIES INCPURECYCLE TECHNOLOGIES INC NOTE 7.250% 8/1 | principal | 13,750,000 | $13.1M | new |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC NOTE 2.500% 9/1 | principal | 12,615,000 | $12.5M | new |
| IONIS PHARMACEUTICALS INIONIS PHARMACEUTICALS IN NOTE 4/0 | principal | 12,500,000 | $12.1M | +11,000,000 |
| WOLFSPEED INCWOLFSPEED INC NOTE 1.875%12/0 | principal | 24,500,000 | $10M | 0 |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. NOTE 2.625% 2/1 | principal | 23,956,000 | $9.58M | +12,456,000 |
| LITHIUM ARGENTINA AGLITHIUM ARGENTINA AG NOTE 1.750% 1/1 | principal | 12,155,000 | $9.28M | 0 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 9,472,000 | $8.97M | 0 |
| I3 VERTICALS LLCI3 VERTICALS LLC NOTE 1.000% 2/1 | principal | 8,723,000 | $8.42M | 0 |
| MICROSTRATEGY INCMICROSTRATEGY INC NOTE 2/1 | principal | 4,000,000 | $8.27M | new |
| ACCURAY INC DELACCURAY INC DEL NOTE 3.750% 6/0 | principal | 8,600,000 | $7.87M | 0 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 7,574,000 | $7.76M | new |
| COHERUS ONCOLOGY INCCOHERUS ONCOLOGY INC BOND | principal | 8,013,000 | $7.69M | +3,013,000 |
| ASSERTIO HOLDINGS INCASSERTIO HOLDINGS INC NOTE 6.500% 9/0 | principal | 8,850,000 | $7.64M | -1,000,000 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 6,350,000 | $7.61M | 0 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION BOND | principal | 7,000,000 | $7.54M | 0 |
| PAGERDUTY INCPAGERDUTY INC BOND | principal | 7,303,000 | $7.08M | 0 |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0 | principal | 7,224,000 | $6.8M | 0 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 6,316,634 | $6.71M | new |
| BEYOND MEAT INCBEYOND MEAT INC NOTE 3/1 | principal | 41,098,000 | $6.2M | +1,000,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 6,139,000 | $5.7M | new |
| ETSY INCETSY INC NOTE 0.125%10/0 | principal | 5,500,000 | $5.31M | new |
| NATIONAL VISION HLDGS INCNATIONAL VISION HLDGS INC NOTE 2.500% 5/1 | principal | 5,296,000 | $5.21M | 0 |
| GROUPON INCGROUPON INC NOTE 6.250% 3/1 | principal | 5,083,000 | $4.91M | new |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 5,000,000 | $4.63M | -5,000,000 |
| REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC BOND | principal | 4,757,000 | $4.56M | +2,250,000 |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC NOTE 1.500% 6/0 | principal | 4,300,000 | $4.45M | 0 |
| OKTA INCOKTA INC NOTE 0.125% 9/0 | principal | 4,500,000 | $4.34M | -6,500,000 |
| MESA LABS INCMESA LABS INC NOTE 1.375% 8/1 | principal | 4,388,000 | $4.26M | 0 |
| THE REALREAL INCTHE REALREAL INC CNV | principal | 4,823,000 | $3.82M | +3,000,000 |
| ZYNEX INCZYNEX INC NOTE 5.000% 5/1 | principal | 3,500,000 | $3.39M | -1,000,000 |
| TPI COMPOSITES INCTPI COMPOSITES INC FIXED | principal | 12,534,000 | $3.16M | +800,000 |
| EVENTBRITE INCEVENTBRITE INC NOTE 5.000%12/0 | principal | 2,800,000 | $2.79M | 0 |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 2,500,000 | $2.05M | -9,285,000 |
| WOLFSPEED INCWOLFSPEED INC NOTE 0.250% 2/1 | principal | 4,060,000 | $1.87M | 0 |
| NIO INCNIO INC NOTE 3.875%10/1 | principal | 1,500,000 | $1.12M | 0 |
| CUTERA INCCUTERA INC NOTE 4.000% 6/0 | principal | 11,060,000 | $1.05M | 0 |
| MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0 | principal | 500,000 | $762K | +143,000 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| CYBERARK SOFTWARE LTDCYBERARK SOFTWARE LTD | 41,410,000 | $76.6M | principal |
| MONGODB INCMONGODB INC | 51,533,000 | $71M | principal |
| NATERA INCNATERA INC | 16,354,000 | $54.3M | principal |
| MANNKIND CORPMANNKIND CORP | 30,000,000 | $40M | principal |
| MAXEON SOLAR TECHNOLOGIES LTMAXEON SOLAR TECHNOLOGIES LT | 4,078,261 | $39.4M | shares |
| CHART INDS INCCHART INDS INC | 17,411,000 | $36.4M | principal |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I | 24,100,000 | $34.1M | principal |
| QQQINVESCO QQQ TR | 650 | $31.7M | call |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN | 27,638,000 | $30.1M | principal |
| STANDARD BIOTOOLS INCSTANDARD BIOTOOLS INC | 27,840,000 | $28.2M | principal |
| TECHTARGET INCTECHTARGET INC | 23,500,000 | $23.1M | principal |
| SEA LTDSEA LTD | 8,951,000 | $16.8M | principal |
| XLPSELECT SECTOR SPDR TR | 2,000 | $16.6M | put |
| Esperion Therapeutics IncEsperion Therapeutics Inc | 16,980,000 | $16.2M | principal |
| MARA HOLDINGS INCMARA HOLDINGS INC | 15,500,000 | $13.7M | principal |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 16,704,000 | $13.7M | principal |
| XOPSPDR SERIES TRUST | 1,000 | $13.2M | call |
| TSLATESLA INC | 494 | $12.9M | put |
| EWZISHARES INC | 2,000 | $5.9M | call |
| IMAX CORPIMAX CORP | 5,329,000 | $5.36M | principal |
| FCXFREEPORT MCMORAN INC | 1,000 | $4.99M | call |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 5,273,000 | $4.59M | principal |
| GROUPON INCGROUPON INC | 5,083,000 | $4.54M | principal |
| STERICYCLE INCSTERICYCLE INC | 330 | $2.01M | call |
| UUNITY SOFTWARE INC | 800 | $1.81M | call |
| TUTELUS CORPORATION | 100,059 | $1.68M | shares |
| MARAMARA HOLDINGS INC | 1,000 | $1.62M | call |
| VIZIO HOLDING CORPVIZIO HOLDING CORP | 144,882 | $1.62M | shares |
| ANSYS INCANSYS INC | 4,909 | $1.56M | shares |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC | 1,500,000 | $1.3M | principal |
| VALEVALE S A | 1,060 | $1.24M | call |
| NUVEI CORPORATIONNUVEI CORPORATION | 34,684 | $1.16M | shares |
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 8,058 | $1.13M | shares |
| SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO | 48,523 | $345K | shares |
| OXYOCCIDENTAL PETE CORP | 4,000 | $206K | shares |
| NVAXNOVAVAX INC | 159 | $201K | put |
| SHARECARE INCSHARECARE INC | 122,415 | $174K | call |
| SHARECARE INCSHARECARE INC | 72,131 | $102K | shares |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001420506-25-000574 | base | 2025-02-14 | acceptance time not in the bulk data set |