DeepCurrents Investment Group LLC — 13F Holdings & Portfolio
CIK 1754535 · latest 13F-HR filed 2026-08-14
DeepCurrents Investment Group LLC manages $3.30B in 13F-reported U.S. long-equity assets across 264 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IDCC (3.51%), APLD (3.19%), RGEN (2.22%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 33 new positions and exited 29; 35 existing positions rose in reported value and 19 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 33.7%Cumulative share of the portfolio held in the largest N positions.
21ST FLOOR
NEW YORK, NY 10017
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| DCIG MANAGEMENT GP INC Control | OWNER | 75% or more | Domestic Entity |
| DCIG MANAGEMENT LP Control | MANAGEMENT COMPANY | 75% or more | Domestic Entity |
| WALSH, CHRISTOPHER Control | CHIEF OPERATING OFFICER | Less than 5% | Individual |
| ZHENG, KAI, N/A Control | PRESIDENT | Less than 5% | Individual |
| ZHENG, KAI, N/A Control | OWNER | 75% or more | Individual |
| ARNEILL, SCOTT, B | CHIEF MARKETING OFFICER | Less than 5% | Individual |
| HOROWITZ, SUZANNE, LEIGH | CHIEF COMPLIANCE OFFICER | Less than 5% | Individual |
| LESNOY, JUSTIN, MICHAEL | CHIEF FINANCIAL OFFICER | Less than 5% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- BRIDGEBIO PHARMA INC$72.6M +423.6%
- MKS INC.$46.7M +104.3%
- SNOWFLAKE INC$41.9M +84.5%
- SOLAREDGE TECHNOLOGIES INC$40.1M +353.3%
- ALIGNMENT HEALTHCARE INC$38.8M +97.5%
Top Trims
- PEABODY ENGR CORP-$45.3M -89.0%
- OMEROS CORP-$13.5M -42.3%
- TILRAY BRANDS INC-$12.3M -48.3%
- INTERDIGITAL INC-$10.2M -6.3%
- NEOGENOMICS INC-$8.4M -70.2%
New Positions
- APPLIED DIGITAL CORP$139.2M
- XOMETRY INC$70.1M
- GUARDANT HEALTH INC$50.1M
- ON SEMICONDUCTOR CORP$45.8M
- GAMESTOP CORP$41.4M
Exited Positions
- ASCENDIS PHARMA A/S$73.3M
- COINBASE GLOBAL INC$58.4M
- CONMED CORP$49.5M
- APELLIS PHARMACEUTICALS INC$47.2M
- CALLAWAY GOLF CO$45.8M
DeepCurrents Investment Group LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | INTERDIGITAL INC | IDCC | 45867GAD3 | $116.0M | 3.51% | 31,666,000 | PRN |
| 2 | APPLIED DIGITAL CORP | APLD | 038169AB4 | $105.5M | 3.19% | 26,514,000 | PRN |
| 3 | REPLIGEN CORP | RGEN | 759916AD1 | $73.3M | 2.22% | 71,539,000 | PRN |
| 4 | MKS INC. | MKSI | 55306NAB0 | $69.4M | 2.10% | 23,507,000 | PRN |
| 5 | SNOWFLAKE INC | SNOW | 833445AB5 | $69.4M | 2.10% | 41,660,000 | PRN |
| 6 | BRIDGEBIO PHARMA INC | BBIO | 10806XAB8 | $68.0M | 2.06% | 38,059,000 | PRN |
| 7 | CLOUDFLARE INC | NET | 18915MAC1 | $67.8M | 2.06% | 52,726,000 | PRN |
| 8 | DRAFTKINGS INC NEW | DKNG | 26142RAB0 | $60.7M | 1.84% | 65,134,000 | PRN |
| 9 | ALIGNMENT HEALTHCARE INC | ALHC | 01625VAB0 | $59.6M | 1.81% | 34,657,000 | PRN |
| 10 | TELADOC HEALTH INC | TDOC | 87918AAF2 | $53.8M | 1.63% | 55,303,000 | PRN |
| 11 | XOMETRY INC | XMTR | 98423FAD1 | $53.1M | 1.61% | 23,858,000 | PRN |
| 12 | WORKIVA INC | WK | 98139AAD7 | $50.2M | 1.52% | 53,557,000 | PRN |
| 13 | UPWORK INC | UPWK | 91688FAB0 | $47.6M | 1.44% | 47,941,000 | PRN |
| 14 | LANTHEUS HLDGS INC | LNTH | 516544AB9 | $45.5M | 1.38% | 31,060,000 | PRN |
| 15 | TRANSMEDICS GROUP INC | TMDX | 89377MAB5 | $44.6M | 1.35% | 41,037,000 | PRN |
| 16 | CHEFS WHSE INC | CHEF | 163086AE1 | $40.0M | 1.21% | 17,933,000 | PRN |
| 17 | SOLAREDGE TECHNOLOGIES INC | SEDG | 83417MAE4 | $39.0M | 1.18% | 20,247,000 | PRN |
| 18 | ETSY INC | ETSY | 29786AAJ5 | $38.7M | 1.17% | 38,063,000 | PRN |
| 19 | ISHARES TR Put | IWM | 464287655 | $38.7M | 1.17% | 1,288 | SH |
| 20 | STRATEGY INC | MHIFF | 594972AQ4 | $38.4M | 1.16% | 37,617,000 | PRN |
| 21 | GUARDANT HEALTH INC | GH | 40131MAB5 | $38.0M | 1.15% | 30,513,000 | PRN |
| 22 | INTERDIGITAL INC | IDCC | 45867GAD3 | $37.2M | 1.13% | 10,134,000 | PRN |
| 23 | RIVIAN AUTOMOTIVE INC | RIVN | 76954AAD5 | $36.9M | 1.12% | 34,482,000 | PRN |
| 24 | SPDR GOLD TR Call | GLD | 78463V107 | $36.2M | 1.10% | 984 | SH |
| 25 | ON SEMICONDUCTOR CORP | ON | 682189AS4 | $34.7M | 1.05% | 19,049,000 | PRN |
| 26 | APPLIED DIGITAL CORP | APLD | 038169AB4 | $33.7M | 1.02% | 8,486,000 | PRN |
| 27 | IRHYTHM HOLDINGS INC | IRTC | 450056AB2 | $32.2M | 0.97% | 29,160,000 | PRN |
| 28 | BILL HOLDINGS INC | BILL | 090043AF7 | $31.7M | 0.96% | 36,658,000 | PRN |
| 29 | GAMESTOP CORP | GME | 36467WAE9 | $31.4M | 0.95% | 30,666,000 | PRN |
| 30 | SEA LTD | — | 81141RAG5 | $31.2M | 0.95% | 31,480,000 | PRN |
| 31 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 03209RAB9 | $31.0M | 0.94% | 34,100,000 | PRN |
| 32 | RAPID7 INC | RPD | 753422AF1 | $30.8M | 0.93% | 31,954,000 | PRN |
| 33 | LITHIUM ARGENTINA AG | LAR | 53680QAA6 | $30.2M | 0.91% | 30,704,000 | PRN |
| 34 | STRIDE INC | LRN | 86333MAA6 | $29.6M | 0.90% | 17,498,000 | PRN |
| 35 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 56087FAB0 | $28.6M | 0.87% | 18,694,000 | PRN |
| 36 | JOBY AVIATION INC | JOBY | 47775AAA9 | $27.3M | 0.83% | 29,914,000 | PRN |
| 37 | SHAKE SHACK INC | SHAK | 819047AB7 | $26.7M | 0.81% | 28,740,000 | PRN |
| 38 | RIOT PLATFORMS INC | RIOT | 767292AB1 | $26.6M | 0.80% | 13,186,000 | PRN |
| 39 | UGI CORP NEW | UGI | 902681AB1 | $25.4M | 0.77% | 18,937,000 | PRN |
| 40 | REPLIGEN CORP | RGEN | 759916AD1 | $23.5M | 0.71% | 22,900,000 | PRN |
| 41 | SHIFT4 PMTS INC | FOUR | 82452JAD1 | $23.1M | 0.70% | 24,120,000 | PRN |
| 42 | HERBALIFE LTD | HLF | 42703MAF0 | $22.7M | 0.69% | 19,653,000 | PRN |
| 43 | WOLFSPEED INC | WOLF | 977852AP7 | $22.5M | 0.68% | 5,705,000 | PRN |
| 44 | SNOWFLAKE INC | SNOW | 833445AB5 | $22.2M | 0.67% | 13,340,000 | PRN |
| 45 | MKS INC. | MKSI | 55306NAB0 | $22.2M | 0.67% | 7,528,000 | PRN |
| 46 | ALNYLAM PHARMACEUTICALS INC | ALNY | 02043QAB3 | $21.9M | 0.66% | 18,181,000 | PRN |
| 47 | BRIDGEBIO PHARMA INC | BBIO | 10806XAB8 | $21.7M | 0.66% | 12,186,000 | PRN |
| 48 | CLOUDFLARE INC | NET | 18915MAC1 | $21.7M | 0.66% | 16,875,000 | PRN |
| 49 | MARA HOLDINGS INC | MARA | 565788AF3 | $21.7M | 0.66% | 21,586,000 | PRN |
| 50 | DEXCOM INC | DXCM | 252131AM9 | $21.6M | 0.65% | 23,121,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $3.30B | 264 | 0001420506-26-001746 |
| 2026-03-31 | 2026-05-15 | $3.12B | 267 | 0001420506-26-001116 |
| 2025-12-31 | 2026-02-13 | $3.05B | 273 | 0001420506-26-000373 |
| 2025-09-30 | 2025-11-14 | $3.90B | 288 | 0001420506-25-003336 |
NEW YORK, NY 10017