DeepCurrents Investment Group LLC
- SEC CIK
- 0001754535
- Latest filing
- Aug 14, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 13, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 109
- +1 vs. Q3 2025
- Portfolio value
- $2.69B
- −$366.3M (−12.0%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| InterDigital, Inc.45867GAD3 | NOTE 3.500% 6/0 | – | $172.7M | 6.4% | – | New | – |
| Spotify USA Inc84921RAB6 | NOTE 3/1 | – | $74.7M | 2.8% | – | – | – |
| Cloudflare, Inc.18915MAC1 | NOTE 8/1 | – | $71.3M | 2.7% | – | – | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | – | $70.7M | 2.6% | – | – | – |
| Workiva Inc98139AAD7 | NOTE 1.250% 8/1 | – | $70.0M | 2.6% | – | – | – |
| Ionis Pharmaceuticals Inc462222AD2 | NOTE 4/0 | – | $69.5M | 2.6% | – | – | – |
| Wayfair Inc.94419LAP6 | NOTE 3.250% 9/1 | – | $58.0M | 2.2% | – | New | – |
| Strategy Inc594972AQ4 | NOTE 0.625% 9/1 | – | $53.5M | 2.0% | – | – | – |
| Makemytrip Limited Mauritius56087FAB0 | NOTE 2/1 | – | $53.2M | 2.0% | – | – | – |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $52.4M | 1.9% | – | – | – |
| Nutanix, Inc.67059NAK4 | NOTE 0.500%12/1 | – | $52.1M | 1.9% | – | New | – |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $48.8M | 1.8% | – | – | – |
| Rivian Automotive, Inc.76954AAD5 | NOTE 3.625%10/1 | – | $48.4M | 1.8% | – | – | – |
| Ascendis Pharma A/S04351PAD3 | NOTE 2.250% 4/0 | – | $47.4M | 1.8% | – | – | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $47.0M | 1.7% | – | – | – |
| Peabody Engr Corp704551AD2 | NOTE 3.250% 3/0 | – | $46.7M | 1.7% | – | – | – |
| Omeros Corp682143AK8 | NOTE 9.500% 6/1 | – | $46.6M | 1.7% | – | – | – |
| TransMedics Group, Inc.89377MAB5 | NOTE 1.500% 6/0 | – | $46.4M | 1.7% | – | – | – |
| Repligen Corp759916AD1 | NOTE 1.000%12/1 | – | $45.6M | 1.7% | – | – | – |
| Apellis Pharmaceuticals, Inc.03753UAB2 | NOTE 3.500% 9/1 | – | $45.6M | 1.7% | – | – | – |
| Alignment Healthcare, Inc.01625VAB0 | NOTE 4.250%11/1 | – | $43.2M | 1.6% | – | New | – |
| Callaway Golf Co131193AE4 | NOTE 2.750% 5/0 | – | $41.7M | 1.6% | – | – | – |
| Etsy Inc29786AAJ5 | NOTE 0.125%10/0 | – | $41.4M | 1.5% | – | – | – |
| Sea Ltd81141RAG5 | NOTE 0.250% 9/1 | – | $41.2M | 1.5% | – | – | – |
| Rapid7, Inc.753422AF1 | NOTE 0.250% 3/1 | – | $40.3M | 1.5% | – | – | – |
| Coinbase Global, Inc.19260QAB3 | NOTE 0.500% 6/0 | – | $38.9M | 1.4% | – | – | – |
| iRhythm Holdings, Inc.450056AB2 | NOTE 1.500% 9/0 | – | $38.5M | 1.4% | – | New | – |
| Chefs Whse Inc163086AE1 | NOTE 2.375%12/1 | – | $36.1M | 1.3% | – | – | – |
| Shake Shack Inc.819047AB7 | NOTE 3/0 | – | $36.0M | 1.3% | – | – | – |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $35.3M | 1.3% | – | – | – |
| Lantheus Hldgs Inc516544AB9 | NOTE 2.625%12/1 | – | $35.0M | 1.3% | – | – | – |
| Guess Inc401617AF2 | NOTE 3.750% 4/1 | – | $33.1M | 1.2% | – | – | – |
| Stride, Inc.86333MAA6 | NOTE 1.125% 9/0 | – | $31.5M | 1.2% | – | – | – |
| Par Technology Corp698884AE3 | NOTE 1.500%10/1 | – | $30.4M | 1.1% | – | – | – |
| MARA Holdings, Inc.565788AF3 | NOTE 3/0 | – | $30.2M | 1.1% | – | New | – |
| Jamf Hldg Corp47074LAB1 | NOTE 0.125% 9/0 | – | $29.6M | 1.1% | – | New | – |
| PTC Therapeutics, Inc.69366JAD3 | NOTE 1.500% 9/1 | – | $29.5M | 1.1% | – | – | – |
| Magnite, Inc.55955DAB6 | NOTE 0.250% 3/1 | – | $27.7M | 1.0% | – | – | – |
| Upwork, Inc91688FAB0 | NOTE 0.250% 8/1 | – | $27.4M | 1.0% | – | New | – |
| Affirm Hldgs Inc00827BAB2 | NOTE 11/1 | – | $27.2M | 1.0% | – | – | – |
| Tilray Brands, Inc.88688TAC4 | NOTE 5.200% 6/1 | – | $26.3M | 1.0% | – | – | – |
| Redfin Corp75737FAE8 | NOTE 0.500% 4/0 | – | $24.7M | 0.9% | – | – | – |
| Ironwood Pharmaceuticals Inc46333XAH1 | NOTE 1.500% 6/1 | – | $24.2M | 0.9% | – | – | – |
| Progress Software Corp743312AB6 | NOTE 1.000% 4/1 | – | $24.0M | 0.9% | – | – | – |
| Enovis CORP194014AB2 | NOTE 3.875%10/1 | – | $23.9M | 0.9% | – | – | – |
| Mitek Sys Inc606710AA9 | NOTE 0.750% 2/0 | – | $23.7M | 0.9% | – | – | – |
| Upstart Hldgs Inc91680MAD9 | NOTE 2.000%10/0 | – | $23.6M | 0.9% | – | New | – |
| Strategy Inc594972AS0 | NOTE 12/0 | – | $23.4M | 0.9% | – | New | – |
| TripAdvisor, Inc.896945AD4 | NOTE 0.250% 4/0 | – | $22.7M | 0.8% | – | – | – |
| Axon Enterprise, Inc.05464CAB7 | NOTE 0.500%12/1 | – | $22.5M | 0.8% | – | – | – |
| NIO Inc.62914VAK2 | NOTE 4.625%10/1 | – | $22.3M | 0.8% | – | – | – |
| Tetra Tech Inc88162GAB9 | DBCV 2.250% 8/1 | – | $21.6M | 0.8% | – | New | – |
| Porch Group, Inc.733245AD6 | DEBT 9.000% 5/1 | – | $21.5M | 0.8% | – | – | – |
| Tandem Diabetes Care Inc875372AD6 | NOTE 1.500% 3/1 | – | $20.4M | 0.8% | – | New | – |
| Bentley Sys Inc08265TAD1 | NOTE 0.375% 7/0 | – | $19.8M | 0.7% | – | – | – |
| Blackline, Inc.09239BAF6 | NOTE 1.000% 6/0 | – | $19.2M | 0.7% | – | New | – |
| Ceridian HCM Hldg Inc15677JAD0 | NOTE 0.250% 3/1 | – | $19.1M | 0.7% | – | – | – |
| Q2 Hldgs Inc74736LAD1 | NOTE 0.750% 6/0 | – | $18.7M | 0.7% | – | New | – |
| Gossamer Bio, Inc.38341PAA0 | NOTE 5.000% 6/0 | – | $18.7M | 0.7% | – | – | – |
| Fluence Energy, Inc.34379VAB9 | NOTE 2.250% 6/1 | – | $18.1M | 0.7% | – | New | – |
| Box Inc10316TAB0 | NOTE 1/1 | – | $17.8M | 0.7% | – | – | – |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | – | $16.9M | 0.6% | – | – | – |
| Impinj Inc453204AD1 | NOTE 1.125% 5/1 | – | $15.6M | 0.6% | – | – | – |
| Akamai Technologies Inc00971TAL5 | NOTE 0.375% 9/0 | – | $15.1M | 0.6% | – | New | – |
| Strategy Inc594972AJ0 | NOTE 0.625% 3/1 | – | $14.8M | 0.6% | – | – | – |
| Pagaya U S Hldg Co LLC69549FAB5 | NOTE 6.125%10/0 | – | $14.5M | 0.5% | – | New | – |
| Dropbox, Inc.26210CAC8 | NOTE 3/0 | – | $13.9M | 0.5% | – | – | – |
| Lithium Amers Corp New53680QAA6 | NOTE 1.750% 1/1 | – | $13.4M | 0.5% | – | – | – |
| Bandwidth Inc.05988JAD5 | NOTE 0.500% 4/0 | – | $12.0M | 0.4% | – | – | – |
| JAZZJazz Pharmaceuticals plc | SHS USD | 70,486 | $12.0M | 0.4% | +136+0.2% | Added | History |
| Bentley Sys Inc08265TAB5 | NOTE 0.125% 1/1 | – | $11.5M | 0.4% | – | – | – |
| Eventbrite, Inc.29975EAD1 | NOTE 0.750% 9/1 | – | $11.4M | 0.4% | – | – | – |
| Li Auto Inc.50202MAB8 | NOTE 0.250% 5/0 | – | $11.3M | 0.4% | – | – | – |
| Wolfspeed, Inc.977852AP7 | NOTE 2.500% 6/1 | – | $11.1M | 0.4% | – | New | – |
| Beyond Meat, Inc.08862EAD1 | DEBT 7.000%10/1 | – | $9.68M | 0.4% | – | New | – |
| Block, Inc.852234AK9 | NOTE 0.250%11/0 | – | $9.62M | 0.4% | – | – | – |
| Neogenomics Inc64049MAB6 | NOTE 0.250% 1/1 | – | $9.37M | 0.3% | – | New | – |
| Super Micro Computer, Inc.86800UAB0 | NOTE 3.500% 3/0 | – | $9.36M | 0.3% | – | – | – |
| Cheesecake Factory Inc163072AA9 | NOTE 0.375% 6/1 | – | $9.35M | 0.3% | – | – | – |
| Alphatec Hldgs Inc02081GAB8 | NOTE 0.750% 8/0 | – | $9.32M | 0.3% | – | – | – |
| Haemonetics Corp Mass405024AB6 | NOTE 3/0 | – | $9.14M | 0.3% | – | – | – |
| Herbalife Ltd.42703MAF0 | NOTE 4.250% 6/1 | – | $7.85M | 0.3% | – | New | – |
| Groupon, Inc.399473AH0 | NOTE 6.250% 3/1 | – | $7.48M | 0.3% | – | – | – |
| Itron, Inc.465741AN6 | NOTE 3/1 | – | $7.44M | 0.3% | – | – | – |
| T1 Energy Inc.35834FAB0 | NOTE 5.250%12/0 | – | $7.03M | 0.3% | – | New | – |
| Cleanspark, Inc.18452BAC4 | NOTE 6/1 | – | $6.97M | 0.3% | – | New | – |
| NWSANews Corp | CL A | 261,103 | $6.82M | 0.3% | −71,101−21.4% | Reduced | History |
| Riot Platforms, Inc.767292AB1 | NOTE 0.750% 1/1 | – | $6.79M | 0.3% | – | New | – |
| Nutanix, Inc.67059NAH1 | NOTE 0.250%10/0 | – | $3.94M | 0.1% | – | New | – |
| Fastly, Inc.31188VAB6 | NOTE 3/1 | – | $3.22M | 0.1% | – | – | – |
| CHKPCheck Point Software Technologies Ltd | ORD | 15,700 | $2.91M | 0.1% | +15,700 | New | History |
| FSLYFastly, Inc. | CL A | 256,500 | $2.61M | 0.1% | +256,500 | New | History |
| Assertio Holdings, Inc.04546CAB2 | NOTE 6.500% 9/0 | – | $2.50M | 0.1% | – | – | – |
| CORZCore Scientific, Inc. | COM | 144,720 | $2.11M | 0.1% | +144,720 | New | History |
| Inotiv, Inc.45783QAB6 | NOTE 3.250%10/1 | – | $2.03M | 0.1% | – | – | – |
| Upstart Hldgs Inc91680MAB3 | NOTE 0.250% 8/1 | – | $1.93M | 0.1% | – | – | – |
| Cardlytics, Inc.14161WAD7 | NOTE 4.250% 4/0 | – | $1.83M | 0.1% | – | – | – |
| NVSTEnvista Holdings Corp | COM | 59,431 | $1.29M | <0.1% | −10,400−14.9% | Reduced | History |
| WULFTerawulf Inc. | COM | 100,000 | $1.15M | <0.1% | +100,000 | New | History |
| BABoeing Co | Stock | 4,216 | $915.4K | <0.1% | +583+16.0% | Added | History |
Options (36)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| IBITiShares Bitcoin Trust ETF | ETF | – | $43.2M |
| TSLATesla, Inc. | Stock | – | $36.3M |
| AVGOBroadcom Inc. | Stock | – | $34.6M |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | ETF | $33.1M | – |
| MSTRStrategy Inc | Stock | $30.4M | – |
| MFCManulife Financial Corp | COM | $19.3M | – |
| ECHOEchoStar CORP | CL A | – | $18.0M |
| ARAntero Resources Corp | COM | – | $16.4M |
| CORZCore Scientific, Inc. | COM | – | $13.1M |
| PLNTPlanet Fitness, Inc. | CL A | – | $13.0M |
| TUTelus Corp | COM | $13.0M | – |
| RIOTRiot Platforms, Inc. | COM | – | $12.7M |
| BCEBce Inc | COM NEW | $5.96M | $5.96M |
| iShares Russell 2000 ETF464287655 | ETF | $10.8M | – |
| WULFTerawulf Inc. | COM | – | $10.3M |
| WBDWarner Bros. Discovery, Inc. | Stock | – | $9.74M |
| NVDANVIDIA Corp | Stock | $6.98M | – |
| CIFRCipher Digital Inc. | COM | – | $5.90M |
| Kraneshares Trust500767306 | CSI CHI INTERNET | – | $4.77M |
| iShares Tr46435G334 | MSCI UK ETF NEW | $4.40M | – |
| GLXYGalaxy Digital Inc. | CL A | – | $3.35M |
| BTDRBitdeer Technologies Group | CL A ORD SHS | – | $2.24M |
| SMRNuscale Power Corp | CL A COM | $2.13M | – |
| ETHAiShares Ethereum Trust ETF | SHS | – | $1.50M |
| SRPTSarepta Therapeutics, Inc. | COM | $1.08M | – |
| JBLUJetBlue Airways Corp | COM | – | $910.0K |
| SPCEVirgin Galactic Holdings, Inc | Stock | $508.5K | – |
| State Street SPDR S&P Biotech ETF78464A870 | ETF | $414.6K | – |
| GOSSGossamer Bio, Inc. | COM | $379.8K | – |
| STUBStubHub Holdings, Inc. | CL A | – | $290.9K |
| CRWVCoreWeave, Inc. | Stock | $265.0K | – |
| OPENWOpendoor Technologies Inc. | *W EXP 11/20/202 | – | $72.2K |
| OPENLOpendoor Technologies Inc. | *W EXP 11/20/202 | – | $72.2K |
| OPENZOpendoor Technologies Inc. | *W EXP 11/20/202 | – | $72.2K |
| MLECWMoolec Science SA | *W EXP 01/30/202 | – | $62.3K |
| SLXNWSilexion Therapeutics Corp | *W EXP 08/15/202 | – | $27.2K |
Sold out since Q3 2025 (32)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| Bloom Energy Corp093712AK3 | NOTE 3.000% 6/0 | – | $229.1M | 7.5% | – |
| Sea Ltd81141RAF7 | NOTE 2.375%12/0 | – | $168.4M | 5.5% | – |
| Nova Ltd.66980MAB2 | NOTE 10/1 | – | $147.9M | 4.8% | – |
| SHIFT4 PMTS Inc82452JAB5 | NOTE 12/1 | – | $83.3M | 2.7% | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | – | $82.7M | 2.7% | – |
| NovoCure Ltd67011XAB9 | NOTE 11/0 | – | $69.1M | 2.3% | – |
| Halozyme Therapeutics, Inc.40637HAD1 | NOTE 0.250% 3/0 | – | $51.6M | 1.7% | – |
| Fiverr Intl Ltd33835LAA3 | NOTE 11/0 | – | $47.2M | 1.5% | – |
| Imax Corp45245EAJ8 | NOTE 0.500% 4/0 | – | $41.4M | 1.4% | – |
| Q2 Hldgs Inc74736LAF6 | NOTE 0.125%11/1 | – | $31.1M | 1.0% | – |
| GoPro, Inc.38268TAD5 | NOTE 1.250%11/1 | – | $25.0M | 0.8% | – |
| FuboTV Inc.35953DAB0 | NOTE 3.250% 2/1 | – | $21.6M | 0.7% | – |
| Beyond Meat, Inc.08862EAB5 | NOTE 3/1 | – | $10.3M | 0.3% | – |
| Esperion Therapeutics Inc Ne29664WAB1 | NOTE 4.000%11/1 | – | $8.34M | 0.3% | – |
| WDCWestern Digital Corp | COM | 43,116 | $5.18M | 0.2% | History |
| WOLFWolfspeed, Inc. | COMMON STOCK | 176,231 | $5.04M | 0.2% | History |
| Bloom Energy Corp093712AM9 | NOTE 3.000% 6/0 | – | $4.14M | 0.1% | – |
| TAT&T Inc. | Stock | 235,586 | $3.71M | 0.1% | History |
| GPNGlobal Payments Inc | Stock | 34,951 | $2.90M | 0.1% | History |
| Eventbrite, Inc.29975EAB5 | NOTE 5.000%12/0 | – | $2.80M | 0.1% | – |
| PCTPureCycle Technologies, Inc. | COM | 199,103 | $2.62M | 0.1% | History |
| Evolent Health, Inc.30050BAJ0 | DEBT 4.500% 8/1 | – | $2.01M | 0.1% | – |
| Zynex Inc98986MAD5 | NOTE 5.000% 5/1 | – | $2.00M | 0.1% | – |
| 3D Sys Corp Del88554DAD8 | NOTE 11/1 | – | $1.77M | 0.1% | – |
| ALRMAlarm.com Holdings, Inc. | COM | 22,240 | $1.18M | <0.1% | History |
| AeroVironment Inc008073AA6 | NOTE 7/1 | – | $614.0K | <0.1% | – |
| ALNYAlnylam Pharmaceuticals, Inc. | COM | 1,243 | $566.8K | <0.1% | History |
| OMEROmeros Corp | COM | 120,918 | $495.8K | <0.1% | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 733 | $488.3K | <0.1% | History |
| MFCManulife Financial Corp | COM | 13,037 | $406.0K | <0.1% | History |
| LAZRQLuminar Technologies, Inc. | COM NEW CL A | 108,557 | $207.3K | <0.1% | History |
| SHLSShoals Technologies Group, Inc. | CL A | 11,504 | $85.2K | <0.1% | History |