DeepCurrents Investment Group LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
DeepCurrents Investment Group LLC disclosed 109 US equity positions worth $2.7bn in its Q4 2025 13F filing. The largest position was IDCC at 6.4% of the reported book, followed by SPOTIFY USA INC and NET. Against the Q3 2025 filing, it opened 10 new positions, added to 14 and reduced 4 among the top 50 holdings.
What did DeepCurrents Investment Group LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | IDCC INTERDIGITAL INC | 6.4% | $172.7m | 41,900,000 | – | new | |
| 2 | SPOTIFY USA INC | 2.8% | $74.7m | 65,628,000 | 4% | added | |
| 3 | NET CLOUDFLARE INC | 2.7% | $71.3m | 60,601,000 | 0% | held | |
| 4 | DRAFTKINGS INC NEW | 2.6% | $70.7m | 77,164,000 | 24% | added | |
| 5 | WK WORKIVA INC | 2.6% | $70.0m | 70,700,000 | 25% | added | |
| 6 | IONIS PHARMACEUTICALS INC | 2.6% | $69.5m | 50,427,000 | -28% | reduced | |
| 7 | W WAYFAIR INC | 2.2% | $58.0m | 34,715,000 | – | new | |
| 8 | STRATEGY INC | 2.0% | $53.5m | 45,655,000 | 0% | held | |
| 9 | MAKEMYTRIP LIMITED MAURITIUS | 2.0% | $53.2m | 24,676,000 | 0% | held | |
| 10 | TDOC TELADOC HEALTH INC | 1.9% | $52.4m | 55,000,000 | 0% | held | |
| 11 | NTNX NUTANIX INC | 1.9% | $52.1m | 54,000,000 | – | new | |
| 12 | CNMD CONMED CORP | 1.8% | $48.8m | 50,952,000 | 0% | held | |
| 13 | RIVIAN AUTOMOTIVE INC | 1.8% | $48.4m | 43,029,000 | 87% | added | |
| 14 | ASND ASCENDIS PHARMA A/S | 1.8% | $47.4m | 33,394,000 | 29% | added | |
| 15 | ENPHASE ENERGY INC | 1.7% | $47.0m | 47,397,000 | 51% | added | |
| 16 | PEABODY ENGR CORP | 1.7% | $46.7m | 27,800,000 | 0% | held | |
| 17 | OMEROS CORP | 1.7% | $46.6m | 15,614,000 | 7% | added | |
| 18 | TRANSMEDICS GROUP INC | 1.7% | $46.4m | 30,824,000 | 0% | held | |
| 19 | RGEN REPLIGEN CORP | 1.7% | $45.6m | 41,529,000 | 1062% | added | |
| 20 | APELLIS PHARMACEUTICALS INC | 1.7% | $45.6m | 44,194,000 | 0% | held | |
| 21 | ALIGNMENT HEALTHCARE INC | 1.6% | $43.2m | 28,250,000 | – | new | |
| 22 | CALY TOPGOLF CALLAWAY BRANDS CORP | 1.6% | $41.7m | 41,783,000 | 1757% | added | |
| 23 | ETSY ETSY INC | 1.5% | $41.4m | 40,948,000 | 0% | held | |
| 24 | SE SEA LTD | 1.5% | $41.2m | 42,500,000 | 0% | held | |
| 25 | RAPID7 INC | 1.5% | $40.3m | 42,500,000 | 0% | held | |
| 26 | COIN COINBASE GLOBAL INC | 1.4% | $38.9m | 38,884,000 | 15% | added | |
| 27 | IRTC IRHYTHM TECHNOLOGIES INC | 1.4% | $38.5m | 27,500,000 | – | new | |
| 28 | CHEFS WHSE INC | 1.3% | $36.1m | 23,673,000 | 7% | added | |
| 29 | SHAK SHAKE SHACK INC | 1.3% | $36.0m | 38,269,000 | 0% | held | |
| 30 | DEXCOM INC | 1.3% | $35.3m | 38,250,000 | 0% | held | |
| 31 | LANTHEUS HLDGS INC | 1.3% | $35.0m | 30,500,000 | 0% | held | |
| 32 | GUESS INC | 1.2% | $33.1m | 33,249,000 | 0% | held | |
| 33 | LRN STRIDE INC | 1.2% | $31.5m | 23,000,000 | -40% | reduced | |
| 34 | PAR TECHNOLOGY CORP | 1.1% | $30.4m | 31,000,000 | 0% | held | |
| 35 | MARA MARA HOLDINGS INC | 1.1% | $30.2m | 38,200,000 | – | new | |
| 36 | JAMF HLDG CORP | 1.1% | $29.6m | 30,000,000 | – | new | |
| 37 | PTC THERAPEUTICS INC | 1.1% | $29.5m | 19,901,000 | -7% | reduced | |
| 38 | MAGNITE INC | 1.0% | $27.7m | 28,000,000 | 0% | held | |
| 39 | UPWK UPWORK INC | 1.0% | $27.4m | 28,107,000 | – | new | |
| 40 | AFRM AFFIRM HLDGS INC | 1.0% | $27.2m | 28,167,000 | 0% | held | |
| 41 | TILRAY BRANDS INC | 1.0% | $26.3m | 25,050,000 | 0% | held | |
| 42 | REDFIN CORP | 0.9% | $24.7m | 26,000,000 | 0% | held | |
| 43 | IRONWOOD PHARMACEUTICALS INC | 0.9% | $24.2m | 25,500,000 | -6% | reduced | |
| 44 | PROGRESS SOFTWARE CORP | 0.9% | $24.0m | 24,161,000 | 147% | added | |
| 45 | ENOVIS CORPORATION | 0.9% | $23.9m | 24,500,000 | 9% | added | |
| 46 | MITEK SYS INC | 0.9% | $23.7m | 23,755,000 | 0% | held | |
| 47 | UPSTART HLDGS INC | 0.9% | $23.6m | 18,778,000 | – | new | |
| 48 | STRATEGY INC | 0.9% | $23.4m | 28,500,000 | – | new | |
| 49 | TRIPADVISOR INC | 0.8% | $22.7m | 23,000,000 | 0% | held | |
| 50 | AXON AXON ENTERPRISE INC | 0.8% | $22.5m | 8,900,000 | 128% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.