DEEPCURRENTS INVESTMENT GROUP LLC

Filed: 5/15/2025ACC: 0001420506-25-001212

📋 What this filing means

DEEPCURRENTS INVESTMENT GROUP LLC filed this quarterly 13F‑HR report disclosing 166 equity positions with a total reported market value of $3.26B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

166

Positions

$3.26B

Total AUM (reported)

2.67B

Total Shares

Allocation by class

COM$172.72M5.3%

NOTE 2.375%12/0$125.61M3.9%

NOTE 3/1$99.14M3.0%

NOTE 0.750% 6/0$91.65M2.8%

NOTE 12/1$89.48M2.7%

NOTE 10/1$85.01M2.6%

NOTE 11/0$84.71M2.6%

Portfolio Concentration

Top 3$306.74M9.4%

4–10$532.37M16.3%

11–25$705.30M21.7%

Rest$1.71B52.6%

Top 3 weight

9.4%

Top 10 weight

25.8%

Voting Authority Distribution

Total shares with voting rights: 2.67B

Sole

Full voting authority

1.94B

% of voting shares72.6%

Shared

Joint voting authority

732.65M

% of voting shares27.4%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole163

Shared0

Other3

Dominant voting typeSole · 72.6% of voting shares

Institutional Holdings166

Rows:

SEA LTD

SOLE

NOTE 2.375%12/0

Shares85.21M

TypePRN

Market value$125.61M

3.86%

Sole

61.86M

Shared

23.34M

None

0.00

INSMED INC

SOLE

NOTE 0.750% 6/0

Shares38.63M

TypePRN

Market value$91.65M

2.81%

Sole

28.83M

Shared

9.80M

None

0.00

SHIFT4 PMTS INC

SOLE

NOTE 12/1

Shares77.93M

TypePRN

Market value$89.48M

2.75%

Sole

57.13M

Shared

20.80M

None

0.00

NOVA LTD

SOLE

NOTE 10/1

Shares34.50M

TypePRN

Market value$85.01M

2.61%

Sole

23.96M

Shared

10.54M

None

0.00

CINEMARK HLDGS INC

SOLE

NOTE 4.500% 8/1

Shares45.31M

TypePRN

Market value$79.18M

2.43%

Sole

31.26M

Shared

14.05M

None

0.00

MIDDLEBY CORP

SOLE

NOTE 1.000% 9/0

Shares65.50M

TypePRN

Market value$79.08M

2.43%

Sole

48.88M

Shared

16.62M

None

0.00

DEXCOM INC

SOLE

NOTE 0.250%11/1

Shares80.71M

TypePRN

Market value$78.62M

2.41%

Sole

59.78M

Shared

20.93M

None

0.00

INSULET CORP

SOLE

NOTE 0.375% 9/0

Shares56.75M

TypePRN

Market value$73.15M

2.25%

Sole

42.04M

Shared

14.71M

None

0.00

ZSCALER INC

SOLE

NOTE 0.125% 7/0

Shares52.92M

TypePRN

Market value$70.19M

2.15%

Sole

38.07M

Shared

14.85M

None

0.00

NOVOCURE LTD

SOLE

NOTE 11/0

Shares69.47M

TypePRN

Market value$67.14M

2.06%

Sole

49.90M

Shared

19.57M

None

0.00

MICROSTRATEGY INC

SOLE

CL A NEW

Shares7.97K

TypeSH

Market value$59.38M

1.82%

Sole

5.92K

Shared

2.05K

None

0.00

CLOUDFLARE INC

SOLE

NOTE 8/1

Shares58.10M

TypePRN

Market value$58.28M

1.79%

Sole

43.04M

Shared

15.06M

None

0.00

LIVONGO HEALTH INC

SOLE

NOTE 0.875% 6/0

Shares58M

TypePRN

Market value$57.55M

1.77%

Sole

42.96M

Shared

15.04M

None

0.00

INNOVIVA INC

SOLE

NOTE 2.500% 8/1

Shares49.47M

TypePRN

Market value$55.07M

1.69%

Sole

36.64M

Shared

12.83M

None

0.00

IONIS PHARMACEUTICALS INC

SOLE

NOTE 4/0

Shares55.43M

TypePRN

Market value$54.86M

1.68%

Sole

41.36M

Shared

14.06M

None

0.00

VARONIS SYS INC

SOLE

NOTE 1.250% 8/1

Shares36.25M

TypePRN

Market value$48.40M

1.49%

Sole

25.35M

Shared

10.90M

None

0.00

DAYFORCE INC

SOLE

NOTE 0.250% 3/1

Shares50.53M

TypePRN

Market value$48.35M

1.48%

Sole

37.42M

Shared

13.11M

None

0.00

APELLIS PHARMACEUTICALS INC

SOLE

NOTE 3.500% 9/1

Shares44.19M

TypePRN

Market value$46.42M

1.42%

Sole

32.14M

Shared

12.05M

None

0.00

SPOTIFY USA INC

SOLE

NOTE 3/1

Shares36.90M

TypePRN

Market value$44.03M

1.35%

Sole

25.33M

Shared

11.57M

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.125% 1/1

Shares45.28M

TypePRN

Market value$43.86M

1.35%

Sole

33.80M

Shared

11.49M

None

0.00

SEA LTD

SOLE

NOTE 0.250% 9/1

Shares42.50M

TypePRN

Market value$39.76M

1.22%

Sole

31.48M

Shared

11.02M

None

0.00

SOLAREDGE TECHNOLOGIES INC

SOLE

NOTE 9/1

Shares38.75M

TypePRN

Market value$37.53M

1.15%

Sole

28.92M

Shared

9.83M

None

0.00

BLOOM ENERGY CORP

SOLE

NOTE 3.000% 6/0

Shares28.38M

TypePRN

Market value$37.32M

1.15%

Sole

21.02M

Shared

7.36M

None

0.00

EVOLENT HEALTH INC

SOLE

NOTE 1.500%10/1

Shares38.21M

TypePRN

Market value$37.27M

1.14%

Sole

26.80M

Shared

11.41M

None

0.00

NICE LTD

SOLE

NOTE 9/1

Shares38.10M

TypePRN

Market value$37.22M

1.14%

Sole

28.17M

Shared

9.93M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
SEA LTDSOLE	NOTE 2.375%12/0	85.21M	PRN	$125.61M 3.86%	61.86M	23.34M
INSMED INCSOLE	NOTE 0.750% 6/0	38.63M	PRN	$91.65M 2.81%	28.83M	9.80M
SHIFT4 PMTS INCSOLE	NOTE 12/1	77.93M	PRN	$89.48M 2.75%	57.13M	20.80M
NOVA LTDSOLE	NOTE 10/1	34.50M	PRN	$85.01M 2.61%	23.96M	10.54M
CINEMARK HLDGS INCSOLE	NOTE 4.500% 8/1	45.31M	PRN	$79.18M 2.43%	31.26M	14.05M
MIDDLEBY CORPSOLE	NOTE 1.000% 9/0	65.50M	PRN	$79.08M 2.43%	48.88M	16.62M
DEXCOM INCSOLE	NOTE 0.250%11/1	80.71M	PRN	$78.62M 2.41%	59.78M	20.93M
INSULET CORPSOLE	NOTE 0.375% 9/0	56.75M	PRN	$73.15M 2.25%	42.04M	14.71M
ZSCALER INCSOLE	NOTE 0.125% 7/0	52.92M	PRN	$70.19M 2.15%	38.07M	14.85M
NOVOCURE LTDSOLE	NOTE 11/0	69.47M	PRN	$67.14M 2.06%	49.90M	19.57M
MICROSTRATEGY INCSOLE	CL A NEW	7.97K	SH	$59.38M 1.82%	5.92K	2.05K
CLOUDFLARE INCSOLE	NOTE 8/1	58.10M	PRN	$58.28M 1.79%	43.04M	15.06M
LIVONGO HEALTH INCSOLE	NOTE 0.875% 6/0	58M	PRN	$57.55M 1.77%	42.96M	15.04M
INNOVIVA INCSOLE	NOTE 2.500% 8/1	49.47M	PRN	$55.07M 1.69%	36.64M	12.83M
IONIS PHARMACEUTICALS INCSOLE	NOTE 4/0	55.43M	PRN	$54.86M 1.68%	41.36M	14.06M
VARONIS SYS INCSOLE	NOTE 1.250% 8/1	36.25M	PRN	$48.40M 1.49%	25.35M	10.90M
DAYFORCE INCSOLE	NOTE 0.250% 3/1	50.53M	PRN	$48.35M 1.48%	37.42M	13.11M
APELLIS PHARMACEUTICALS INCSOLE	NOTE 3.500% 9/1	44.19M	PRN	$46.42M 1.42%	32.14M	12.05M
SPOTIFY USA INCSOLE	NOTE 3/1	36.90M	PRN	$44.03M 1.35%	25.33M	11.57M
BENTLEY SYS INCSOLE	NOTE 0.125% 1/1	45.28M	PRN	$43.86M 1.35%	33.80M	11.49M
SEA LTDSOLE	NOTE 0.250% 9/1	42.50M	PRN	$39.76M 1.22%	31.48M	11.02M
SOLAREDGE TECHNOLOGIES INCSOLE	NOTE 9/1	38.75M	PRN	$37.53M 1.15%	28.92M	9.83M
BLOOM ENERGY CORPSOLE	NOTE 3.000% 6/0	28.38M	PRN	$37.32M 1.15%	21.02M	7.36M
EVOLENT HEALTH INCSOLE	NOTE 1.500%10/1	38.21M	PRN	$37.27M 1.14%	26.80M	11.41M
NICE LTDSOLE	NOTE 9/1	38.10M	PRN	$37.22M 1.14%	28.17M	9.93M

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