DeepCurrents Investment Group LLC — 13F Holdings & Portfolio

CIK 1754535 · latest 13F-HR filed 2026-05-15

DeepCurrents Investment Group LLC manages $3.12B in 13F-reported U.S. long-equity assets across 267 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IDCC (3.97%), NFLX (2.30%), RGEN (2.23%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 27 new positions, exited 37, added to 21, and trimmed 29.

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.

Loading holdings…
AUM

$3.12B

Long-equity book

Holdings

267

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+27 / −37 / ↑21 / ↓29

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • REPLIGEN CORP$46.3M +101.6%
  • ASCENDIS PHARMA A/S$25.9M +54.8%
  • UPWORK INC$24.9M +90.7%
  • HERBALIFE LTD$23.0M +293.6%
  • COINBASE GLOBAL INC$19.6M +50.4%
Show all 21

Top Trims

  • NUTANIX INC-$44.5M -85.4%
  • WAYFAIR INC-$34.6M -59.7%
  • MAKEMYTRIP LIMITED MAURITIUS-$24.3M -45.6%
  • PAR TECHNOLOGY CORP-$21.3M -70.0%
  • STRATEGY INC-$17.6M -74.9%
Show all 29

New Positions

  • SNOWFLAKE INC$49.6M
  • MKS INC.$44.8M
  • JOBY AVIATION INC$33.0M
  • ALNYLAM PHARMACEUTICALS INC$30.9M
  • FASTLY INC$28.1M
Show all 27

Exited Positions

  • SPOTIFY USA INC$74.7M
  • IONIS PHARMACEUTICALS INC$69.5M
  • ENPHASE ENERGY INC$47.0M
  • GUESS INC$33.1M
  • MARA HOLDINGS INC$30.2M
Show all 37
All Holdings

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 $123.8M 3.97% 31,666,000 PRN
2 NETFLIX INC. Call NFLX 64110L106 $71.9M 2.30% 7,480 SH
3 REPLIGEN CORP RGEN 759916AD1 $69.6M 2.23% 71,539,000 PRN
4 CLOUDFLARE INC NET 18915MAC1 $62.7M 2.01% 53,105,000 PRN
5 ASCENDIS PHARMA A/S ASND 04351PAD3 $55.5M 1.78% 37,793,000 PRN
6 DRAFTKINGS INC NEW DKNG 26142RAB0 $52.8M 1.69% 58,456,000 PRN
7 WORKIVA INC WK 98139AAD7 $50.2M 1.61% 53,557,000 PRN
8 STATE STR SPDR S&P 500 ETF T Call SPY 78462F103 $49.2M 1.58% 756 SH
9 ISHARES TR Put EFA 464287465 $44.3M 1.42% 4,556 SH
10 COINBASE GLOBAL INC COIN 19260QAB3 $44.3M 1.42% 44,591,000 PRN
11 STRATEGY INC MHIFF 594972AQ4 $41.4M 1.33% 37,617,000 PRN
12 CIRCLE INTERNET GROUP INC Put CRCL 172573107 $39.8M 1.27% 4,168 SH
13 UPWORK INC UPWK 91688FAB0 $39.7M 1.27% 40,366,000 PRN
14 INTERDIGITAL INC IDCC 45867GAD3 $39.6M 1.27% 10,134,000 PRN
15 TELADOC HEALTH INC TDOC 87918AAF2 $39.6M 1.27% 41,352,000 PRN
16 SNOWFLAKE INC SNOW 833445AB5 $37.6M 1.20% 31,813,000 PRN
17 CONMED CORP 207410AH4 $37.5M 1.20% 38,647,000 PRN
18 PEABODY ENGR CORP 704551AD2 $37.4M 1.20% 20,439,000 PRN
19 SELECT SECTOR SPDR TR Put XLP 81369Y308 $37.3M 1.19% 4,545 SH
20 ISHARES BITCOIN TRUST ETF Call IBIT 46438F101 $36.4M 1.17% 9,468 SH
21 CALLAWAY GOLF CO CALY 131193AE4 $34.7M 1.11% 34,679,000 PRN
22 META PLATFORMS INC Call META 30303M102 $34.7M 1.11% 606 SH
23 APELLIS PHARMACEUTICALS INC APLS 03753UAB2 $34.4M 1.10% 32,439,000 PRN
24 MKS INC. MKSI 55306NAB0 $34.0M 1.09% 20,478,000 PRN
25 RIVIAN AUTOMOTIVE INC RIVN 76954AAD5 $31.2M 1.00% 32,589,000 PRN
26 SEA LTD SEA 81141RAG5 $30.8M 0.99% 31,480,000 PRN
27 ETSY INC ETSY 29786AAJ5 $30.4M 0.97% 31,021,000 PRN
28 RAPID7 INC RPD 753422AF1 $30.3M 0.97% 31,954,000 PRN
29 STRIDE INC LRN 86333MAA6 $30.2M 0.97% 17,424,000 PRN
30 ALIGNMENT HEALTHCARE INC ALHC 01625VAB0 $29.5M 0.95% 20,925,000 PRN
31 TRANSMEDICS GROUP INC TMDX 89377MAB5 $29.5M 0.94% 22,827,000 PRN
32 IRHYTHM HOLDINGS INC IRTC 450056AB2 $28.7M 0.92% 26,130,000 PRN
33 LANTHEUS HLDGS INC LNTH 516544AB9 $28.1M 0.90% 23,106,000 PRN
34 SPDR SERIES TRUST Put XOP 78468R556 $27.6M 0.88% 1,516 SH
35 SHAKE SHACK INC SHAK 819047AB7 $27.3M 0.87% 28,740,000 PRN
36 CHEFS WHSE INC CHEF 163086AE1 $26.4M 0.85% 17,933,000 PRN
37 JOBY AVIATION INC JOBY 47775AAA9 $25.0M 0.80% 29,157,000 PRN
38 DEXCOM INC DXCM 252131AM9 $24.8M 0.80% 26,880,000 PRN
39 Q2 HLDGS INC QTWO 74736LAD1 $24.4M 0.78% 24,616,000 PRN
40 ALNYLAM PHARMACEUTICALS INC ALNY 02043QAB3 $23.4M 0.75% 18,181,000 PRN
41 HERBALIFE LTD HLF 42703MAF0 $23.4M 0.75% 19,653,000 PRN
42 OMEROS CORP 682143AK8 $23.3M 0.75% 11,645,000 PRN
43 REPLIGEN CORP RGEN 759916AD1 $22.3M 0.71% 22,900,000 PRN
44 MAKEMYTRIP LIMITED MAURITIUS MMYT 56087FAB0 $21.9M 0.70% 18,694,000 PRN
45 FASTLY INC 31188VAD2 $21.3M 0.68% 11,361,000 PRN
46 CLOUDFLARE INC NET 18915MAC1 $20.1M 0.64% 16,996,000 PRN
47 LI AUTO INC LI 50202MAB8 $19.7M 0.63% 19,706,000 PRN
48 TETRA TECH INC NEW TTEK 88162GAB9 $19.4M 0.62% 18,449,000 PRN
49 PROGRESS SOFTWARE CORP PRGS 743312AB6 $19.1M 0.61% 19,145,000 PRN
50 STRATEGY INC Put MSTR 594972408 $18.9M 0.61% 1,516 SH
Filing History
Period Filed AUM Holdings Accession
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