Arkolith/Funds/DeepCurrents Investment Group LLC

DeepCurrents Investment Group LLC

CIK 1754535
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

DeepCurrents Investment Group LLC holds a diversified book of 103 reported positions worth $2.9B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter Keel Infrastructure Corp first appears in 13F filings, a listing rather than a purchase; they opened Applied Digital Corp and trimmed Cloudflare Inc. Their largest long position is Interdigital Inc at 5% of the reported non-option book. They also disclosed $177.9M in put options (a bearish bet) and $207.6M in call options (bullish), shown separately below and excluded from the non-option book.

Opened
32
bought for the first time
  • Applied Digital Corp
  • Xometry Inc
  • Guardant Health Inc
+29 more · largest first
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Added to
27
already held, bought more
  • MKS Inc
  • Snowflake Inc
  • Bridgebio Pharma Inc
+24 more · largest first
Trimmed
16
sold some, still holds it
  • Cloudflare Inc
  • Dexcom Inc
  • PTC Therapeutics Inc
+13 more · largest first
Sold out
28
exited the position entirely
  • Ascendis Pharma A/s
  • Coinbase Global Inc
  • Conmed Corp
+25 more · largest first, by prior value

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
20%
Top 10 holdings
34%
Top 20 holdings
53%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

3% mapped to company sectors

No sector on file yet
97%
Health Care
1%
Information Technology
1%

+5 sectors below the cut, 1% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
  • Applied Digital CorpAPLD 2.75 06/01/30
    New$139.2M
  • Bridgebio Pharma IncBBIO 2.5 03/15/27
    +429%$72.8M
  • Xometry Inc
    New$70.1M
  • Guardant Health IncGH 0 11/15/27
    New$50.1M
  • On Semiconductor CorpON 0 05/01/27
    New$45.8M
  • Gamestop Corp
    New$41.4M
Trimmed / exited
  • Ascendis Pharma A/sASND 2.25 04/01/28
    −100%$73.3M
  • Coinbase Global IncCOIN 0.5 06/01/26
    −100%$58.4M
  • Conmed CorpCNMD 2.25 06/15/27
    −100%$49.5M
  • Apellis PharmaceuticalsAPLS 3.5 09/15/26
    −100%$47.2M
  • Callaway Golf CoCALY 2.75 05/01/26
    −100%$45.8M
  • Q2 Holdings IncQTWO 0.75 06/01/26
    −100%$32.3M
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as DeepCurrents Investment Group LLC

Manager / fundShared namesTheir $ in those
Opti Capital Management, LP17 / 80$675.2M
Context Capital Management, LLC29 / 80$1.5B
Tenor Capital Management Co., L.P.37 / 80$2.1B
Mackay Shields LLC20 / 80$635.5M
Linden Advisors LP32 / 80$3.1B
Shenkman Capital Management Inc14 / 80$116.6M
Zazove Associates LLC20 / 80$192.0M
Boussard & Gavaudan Investment Management LLP8 / 80$166.0M

Ranked by the share of each fund's own book sitting in the names it shares with DeepCurrents Investment Group LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

103 positions
#SecurityValueShares% PortLast moveHistory
1Interdigital Inc
NOTE 3.500% 6/0
$153.2M41.80M
5.3%
Held
2Applied Digital Corp
NOTE 2.750% 6/0
$139.2M35.00M
4.8%
New
New position
3Repligen Corp
NOTE 1.000%12/1
$96.8M94.44M
3.3%
Held
4MKS Inc.
NOTE 1.250% 6/0
$91.6M31.04M
3.1%
+15%
Added · +4.0M sh
5Snowflake Inc
NOTE 10/0
$91.6M55.00M
3.1%
+31%
Added · +13.0M sh
6Bridgebio Pharma Inc
NOTE 2.500% 3/1
$89.7M50.24M
3.1%
+429%
Added · +40.7M sh
7Cloudflare Inc
NOTE 8/1
$89.6M69.60M
3.1%
−0.7%
Reduced · −500K sh
8Draftkings Inc New
NOTE 3/1
$80.2M85.98M
2.7%
+11%
Added · +8.8M sh
9Alignment Healthcare Inc
NOTE 4.250%11/1
$78.7M45.75M
2.7%
+62%
Added · +17.5M sh
10Teladoc Health Inc
NOTE 1.250% 6/0
$71.0M73.00M
2.4%
+33%
Added · +18.0M sh
11Xometry Inc
NOTE 0.750% 6/1
$70.1M31.50M
2.4%
New
New position
12Workiva Inc
NOTE 1.250% 8/1
$66.3M70.70M
2.3%
Held
13Upwork Inc
NOTE 0.250% 8/1
$62.8M63.29M
2.2%
+19%
Added · +10.0M sh
14Lantheus Hldgs Inc
NOTE 2.625%12/1
$60.1M41.00M
2.1%
+34%
Added · +10.5M sh
15Transmedics Group Inc
NOTE 1.500% 6/0
$58.8M54.17M
2.0%
+76%
Added · +23.4M sh
16Chefs Whse Inc
NOTE 2.375%12/1
$52.8M23.67M
1.8%
Held
17Solaredge Technologies Inc
NOTE 2.250% 7/0
$51.5M26.73M
1.8%
+305%
Added · +20.1M sh
18Etsy Inc
NOTE 0.125%10/0
$51.1M50.25M
1.8%
+23%
Added · +9.3M sh
19Strategy Inc
NOTE 0.625% 9/1
$50.8M49.66M
1.7%
Held
20Guardant Health Inc
NOTE 11/1
$50.1M40.28M
1.7%
New
New position
21Rivian Automotive Inc
NOTE 3.625%10/1
$48.7M45.53M
1.7%
+5.8%
Added · +2.5M sh
22On Semiconductor Corp
NOTE 5/0
$45.8M25.15M
1.6%
New
New position
23Irhythm Holdings Inc
NOTE 1.500% 9/0
$42.5M38.50M
1.5%
+12%
Added · +4.0M sh
24Sea Ltd
NOTE 0.250% 9/1
$42.1M42.50M
1.4%
Held
25Bill Holdings Inc
NOTE 4/0
$41.9M48.40M
1.4%
+121%
Added · +26.5M sh
26Gamestop Corp
NOTE 4/0
$41.4M40.48M
1.4%
New
New position
27Amphastar Pharmaceuticals In
NOTE 2.000% 3/1
$41.0M45.02M
1.4%
New
New position
28Rapid7 Inc
NOTE 0.250% 3/1
$40.9M42.50M
1.4%
Held
29Lithium Argentina AG
NOTE 1.750% 1/1
$40.0M40.54M
1.4%
+87%
Added · +18.9M sh
30Stride Inc
NOTE 1.125% 9/0
$39.0M23.10M
1.3%
+0.4%
Added · +98K sh
31Makemytrip Limited Mauritius
NOTE 2/1
$37.7M24.68M
1.3%
Held
32Joby Aviation Inc
NOTE 0.750% 2/1
$36.0M39.50M
1.2%
+2.6%
Added · +1.0M sh
33Shake Shack Inc
NOTE 3/0
$35.5M38.27M
1.2%
Held
34Riot Platforms Inc
NOTE 0.750% 1/1
$35.1M17.41M
1.2%
New
New position
35Ugi Corp New
NOTE 5.000% 6/0
$33.5M25.00M
1.1%
New
New position
36Shift4 PMTS Inc
NOTE 0.500% 8/0
$30.4M31.84M
1.0%
+633%
Added · +27.5M sh
37Herbalife Ltd
NOTE 4.250% 6/1
$30.0M25.95M
1.0%
Held
38Wolfspeed Inc
NOTE 2.500% 6/1
$29.6M7.53M
1.0%
Held
39Alnylam Pharmaceuticals Inc
NOTE 1.000% 9/1
$28.9M24.00M
1.0%
Held
40Dexcom Inc
NOTE 0.375% 5/1
$28.7M30.75M
1.0%
−14%
Reduced · −5.0M sh
41Mara Holdings Inc
NOTE 3/0
$28.7M28.50M
1.0%
New
New position
42Nutanix Inc
NOTE 0.250%10/0
$27.3M24.17M
0.9%
+47%
Added · +7.8M sh
43Sitime Corp
NOTE 6/1
$26.1M23.50M
0.9%
New
New position
44PTC Therapeutics Inc
NOTE 1.500% 9/1
$25.5M16.34M
0.9%
−11%
Reduced · −2.1M sh
45Redfin Corp
NOTE 0.500% 4/0
$25.1M26.00M
0.9%
Held
46Taiwan Semiconductor Manufac
SPONSORED ADS
$23.9M50.0K
0.8%
New
New position
47Enovis Corporation
NOTE 3.875%10/1
$23.5M24.50M
0.8%
Held
48Arrowhead Pharmaceuticals In
NOTE 1/1
$22.8M19.00M
0.8%
New
New position
49Tetra Tech Inc New
DBCV 2.250% 8/1
$22.5M21.36M
0.8%
−12%
Reduced · −3.0M sh
50Evolent Health Inc
NOTE 3.500%12/0
$22.4M29.99M
0.8%
+24%
Added · +5.8M sh
Showing 50 of 103 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$177.9M
Call notional (bullish)$207.6M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishSPDR GOLD SHARESGLD$47.9M1K
PUT · bearishISHARES RUSSELL 2000 ETFIWM$38.7M1K
CALL · bullishISHARES 20+ YEAR TREASURY BDTLT$21.6M3K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$19.7M300
PUT · bearishCARVANA COCVNA$19.1M3K
PUT · bearishIREN LTDIREN$18.3M4K
PUT · bearishISHARES ETHEREUM TRUST ETFETHA$16.2M14K
PUT · bearishISHARES BITCOIN TRUST ETFIBIT$15.3M5K
CALL · bullishBITDEER TECHNOLOGIES GROUP-ABTDR$15.1M10K
PUT · bearishSS SPDR S&P BIOTECH ETFXBI$13.8M875
CALL · bullishECHOSTAR CORP-ASATS$12.2M1K
PUT · bearishSS SPDR S&P REGIONAL BANKKRE$11.2M2K
CALL · bullishGALAXY DIGITAL INC-AGLXY$10.9M4K
CALL · bullishEQT CORPEQT$10.6M2K
CALL · bullishAEVA TECHNOLOGIES INCAEVA$10.4M4K
CALL · bullishDEVON ENERGY CORPDVN$10.3M3K
CALL · bullishCIPHER DIGITAL INCCIFR$9.8M4K
CALL · bullishKRANESH CSI CHINA INTERNETKWEB$9.8M4K
CALL · bullishANTERO RESOURCES CORPAR$9.3M3K
CALL · bullishNETFLIX INCNFLX$7.1M1K
CALL · bullishHIMS & HERS HEALTH INCHIMS$6.9M2K
PUT · bearishSS ENERGY SELECT SECTORXLE$6.9M1K
PUT · bearishSTATE STREET SPDR EURO STOXXFEZ$6.9M1K
PUT · bearishTERAWULF INCWULF$5.6M2K
CALL · bullishAST SPACEMOBILE INCASTS$5.3M600

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above. Showing the largest 25 of 40 option legs.

Filing history

As-of date vs the date the SEC received each filing

$3.9B · Q3 2025Q3 2020 · $3.0BQ2 2026 · $3.3B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d264$3.3B13F-HR
Q1 2026Mar 31, 2026May 15, 202645d267$3.1B13F-HR
Q4 2025Dec 31, 2025Feb 13, 202644d273$3.1B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d288$3.9B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d313$3.0B13F-HR
Q1 2025Mar 31, 2025May 15, 202545d346$3.3B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202545d314$3.2B13F-HR
Q3 2024Sep 30, 2024Nov 14, 202445d321$3.3B13F-HR
Q2 2024Jun 30, 2024Aug 14, 202445d264$2.5B13F-HR
Q1 2024Mar 31, 2024May 15, 202445d312$2.6B13F-HR
Q4 2023Dec 31, 2023Feb 14, 202445d299$2.8B13F-HR
Q3 2023Sep 30, 2023Nov 14, 202345d390$2.3B13F-HR
Q2 2023Jun 30, 2023Aug 14, 202345d278$2.5B13F-HR
Q1 2023Mar 31, 2023May 15, 202345d286$2.6B13F-HR
Q4 2022Dec 31, 2022Feb 14, 202345d321$2.6B13F-HR
Q3 2022Sep 30, 2022Nov 14, 202245d382$2.6B13F-HR
Q2 2022Jun 30, 2022Aug 15, 202246d383$2.5B13F-HR
Q1 2022Mar 31, 2022May 16, 202246d379$3.2B13F-HR
Q4 2021Dec 31, 2021Feb 14, 202245d337$3.2B13F-HR
Q3 2021Sep 30, 2021Nov 15, 202146d330$3.4B13F-HR
Q2 2021Jun 30, 2021Aug 16, 202147d360$3.3B13F-HR
Q1 2021Mar 31, 2021May 17, 202147d614$2.9B13F-HR
Q4 2020Dec 31, 2020Feb 16, 202147d271$3.8B13F-HR
Q3 2020Sep 30, 2020Nov 16, 202047d203$3.0B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.