FourWorld Capital Management LLC

CIK 1770525 · View on SEC EDGAR ↗

Portfolio value
$109.9M
#8,206 of 9,443 by 13F value · top 86.9%
Positions
24
As of
June 30, 2026

Portfolio value QoQ: -43.9% 13F does not disclose cash

Top 10 holdings weight
76.09%
Top 25 holdings weight
100.00%
Positions above 1%
19
Effective number of positions
12.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 13.74% Est. buys $26,596,847 · sells $21,012,223

Median holding: 1.5 quarters Tracked Q4 2024–Q2 2026 · 38.7% still held

New positions
5
Increased
7
Decreased
7
Closed
3

Put-notional exposure: 5.4% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q3 2025–Q2 2026
-35.5%
S&P 500 total return (same window)
+13.0%
Excess return
-48.5%

Annualized: -44.4% · S&P 500: +17.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 96.8% · Options excluded: 13.2%

Sector breakdown

Health Care
30.1%
Energy
25.0%
Financial Services
8.1%
Technology
6.9%
Communication Services
4.9%
Industrials
4.1%
Telecommunication
3.4%
Real Estate
2.2%
Diversified Consumer Services
1.1%
Consumer Discretionary
1.1%
Communications
0.2%
Other/Unmapped
12.9%

Full portfolio 24 positions

Type Streak 8Q trend
SOC Sable Offshore Corp. Common Stock $21,017,024 19.12% 6,823,709 $-98,137,325 Down ×2
QURE uniQure N.V. - Ordinary Shares $10,133,200 9.22% 220,000 Call option Up ×1
PRTH Priority Technology Holdings, Inc. - Common Stock $8,858,327 8.06% 1,328,085 $1,382,300 Down ×1
TVGNW Tevogen Bio Holdings Inc. - Warrant $8,207,000 7.47% 1,450,000 $1,653,000
MX Magnachip Semiconductor Corporation Common Stock $7,571,287 6.89% 1,600,695 $2,929,724 Down ×1
SOC Sable Offshore Corp. Common Stock $6,468,000 5.88% 2,100,000 Call option $5,369,420 Up ×1
SPY SPY $5,974,160 5.43% 8,000 Put option $2,722,460 Up ×1
BMY Bristol-Myers Squibb Company Common Stock $5,762,000 5.24% 100,000 $-303,000
TDAY USA TODAY Co., Inc. Common Stock $5,399,248 4.91% 631,491 $-794,960 Down ×1
EVLV Evolv Technologies Holdings, Inc. - Class A Common Stock $4,246,545 3.86% 732,163 $-90,047 Up ×1
QURE uniQure N.V. - Ordinary Shares $4,007,220 3.65% 87,000 Up ×1
CCOI Cogent Communications Holdings, Inc. - Common Stock $3,685,140 3.35% 265,500 $-1,316,880
AIRS AirSculpt Technologies, Inc. - Common Stock $3,375,000 3.07% 750,000 $579,648 Down ×1
XGN Exagen Inc. - Common Stock $2,773,855 2.52% 596,528 $1,454,005 Up ×4
TOI The Oncology Institute, Inc. - Common Stock $2,710,634 2.47% 499,196 $1,178,102
SRG Seritage Growth Properties Class A Common Stock $2,440,785 2.22% 928,055 $-687,428 Down ×1
STIM Neuronetics, Inc. - Common Stock $2,267,385 2.06% 1,744,142 $107,868 Up ×4
WW WW International, Inc. - Common Stock $1,246,440 1.13% 78,000 $673,977 Up ×1
SLDP Solid Power, Inc. - Class A Common Stock $1,235,764 1.12% 477,129 $-195,623
BSX Boston Scientific Corporation Common Stock $853,600 0.78% 20,000 Call option Up ×1
ECOR electroCore, Inc. - Common Stock $812,160 0.74% 94,000 Up ×1
PURR Hyperliquid Strategies Inc - Common Stock $432,850 0.39% 55,000 Up ×1
MOB Mobilicom Limited - Ordinary Shares $227,772 0.21% 44,400 $124,972 Up ×1
TASK TaskUs, Inc. - Class A Common Stock $217,030 0.20% 46,374 $-453,970 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
XGN $2,773,855 2.52% up ×4
STIM $2,267,385 2.06% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
QURE $10,133,200 220,000 9.22%
QURE $4,007,220 87,000 3.65%
BSX $853,600 20,000 0.78%
ECOR $812,160 94,000 0.74%
PURR $432,850 55,000 0.39%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MX Trimmed -57K +$2.9M
SPY Bought more +3K +$2.7M
TVGNW Price move only +0 +$1.7M
XGN Bought more +157K +$1.5M
PRTH Trimmed -256K +$1.4M
CCOI Price move only +0 -$1.3M
TOI Price move only +0 +$1.2M
TDAY Trimmed -247K -$795K
SRG Trimmed -185K -$687K
WW Bought more +36K +$674K

2 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
EDR March 31, 2025 2,972,346 $93,004,706 No longer tracked
ESGR Sept. 30, 2025 208,600 $70,164,696 No longer tracked
DESP June 30, 2025 2,529,500 $47,529,305 No longer tracked
GOGL Sept. 30, 2025 2,501,000 $18,307,320 No longer tracked
SPY Dec. 31, 2025 26,000 $17,320,680 No longer tracked
SKX Sept. 30, 2025 240,000 $15,144,000 No longer tracked
MCW June 30, 2026 1,200,000 $8,364,000 No longer tracked
IWM March 31, 2026 25,000 $6,154,000 No longer tracked
CELGRT March 31, 2025 100,000 $5,656,000 No longer tracked
ABUS Dec. 31, 2025 1,020,910 $4,634,931 2.9%
XLE March 31, 2026 100,000 $4,471,000 No longer tracked
QQQ March 31, 2026 7,000 $4,300,170
RSP June 30, 2026 17,500 $3,358,600 No longer tracked
XOM March 31, 2026 25,000 $3,008,500 -1.3%
CVRX June 30, 2026 231,996 $2,194,682 -45.1%
ET June 30, 2025 96,500 $1,793,935 17.1%
ZK Dec. 31, 2025 49,789 $1,517,569 No longer tracked
GSM March 31, 2025 320,000 $1,216,000 5.8%
DAR Dec. 31, 2025 34,000 $1,049,580 90.3%
EWZ March 31, 2025 40,000 $900,400 No longer tracked
TKNO June 30, 2025 159,699 $828,838 46.8%
KSPI Dec. 31, 2025 10,000 $816,800 30.4%
ESOA March 31, 2026 80,000 $653,600 -8.7%
BSM Dec. 31, 2025 49,714 $653,242 10.6%
NFE March 31, 2025 42,000 $635,040 -96.4%
TALK June 30, 2025 209,650 $536,704 88.8%
CMBT Dec. 31, 2025 53,607 $503,370 83.6%
MOB Dec. 31, 2025 51,211 $476,262 5.4%
SOC March 31, 2025 15,000 $343,500 -80.1%
NOTV Sept. 30, 2025 141,377 $257,306 No longer tracked
CDZI March 31, 2026 28,184 $158,112 -29.8%
CC Sept. 30, 2025 13,600 $155,720 0.1%
PRPH June 30, 2025 376,577 $152,250 No longer tracked
CMTL March 31, 2025 37,818 $151,650 8.8%
INSG Sept. 30, 2025 13,200 $108,768 -72.1%
CMBT June 30, 2025 4,000 $36,320 96.4%
DADA June 30, 2025 10,000 $18,500 No longer tracked