Two Seas Capital LP

Q1 2026 13F-HR Holdings

Location
Rye, NY
Holdings as of
3/31/2026
Date filed
5/15/2026
Form type
13F-HR
Num holdings
47
Total value ($000)
$7,154,501
Net value change ($000)
+2,301,115 (47.4%)
New positions
9
Sold out positions
3
Turnover %
20.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/11/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
INDV 144,674 NEW
NKTR 109,457 347.4%
CLMT 75,356 54.4%
SOC 75,172 480.8%
ROIV 45,910 21.6%
TLN 37,947 25.8%
FTAI 25,944 70.8%
GOLAR LNG LTD 25,402 58.3%
TDAY 24,074 32.1%
ABUS 22,955 37.9%
Top Reduces (Value $000, Stocks/ETFs)
INDV -183,318 -100.0%
FSLR -14,490 -19.5%
ESPR -12,817 -29.1%
VST -12,384 -30.7%
HUT -10,852 -48.1%
META -9,421 -100.0%
NBIS -8,449 -29.3%
CRWV -7,877 -100.0%
CORZ -6,052 -2.4%
OMEX -5,498 -54.1%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 4,987,790 (69.7% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type