Two Seas Capital LP
Annual return '25
+16.1%
SPY '25
+17.7%
Alpha
-1.6ptsvs SPY
Invested
$7.1B
Holdings
40
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 90%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$SPY
STATE STR SPDR S&P 500 ETF T
Held since at least Q1 2024
59.0%
02
$CORZ
CORE SCIENTIFIC INC NEW
Held since at least Q1 2024
3.9%
03
$ROIV
ROIVANT SCIENCES LTD
Held since at least Q1 2024
3.9%
04
$XBI
SPDR SERIES TRUST
Held since at least Q1 2024
3.5%
05
$AAPL
APPLE INC
Held since at least Q1 2024
3.0%
06
$CLMT
CALUMET INC
Held since at least Q1 2024
3.0%
07
$TLN
TALEN ENERGY CORP
Held since at least Q1 2024
2.6%
08
$FSLR
FIRST SOLAR INC
Held since at least Q1 2024
2.1%
09
$INDV
INDIVIOR PHARMACEUTICALS INC
Held since at least Q1 2024
2.0%
10
$NKTR
NEKTAR THERAPEUTICS
Held since at least Q1 2024
2.0%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 08:08 UTC.