Deepcurrents Investment Group, headquartered in New York, was established in September 2016 by Kai (Steve) Zheng. Renowned for its innovative approach, the firm employs a diverse range of relative value arbitrage strategies. These include, but are not limited to, credit, convertible, volatility, capital structure, sovereign, and event-driven strategies.
Steve Zheng, hailing from New York, New York, is currently serving as the Chief Investment Officer at Deepcurrents Investment Group. He brings a wealth of experience garnered from his prior positions at Verition Fund Management LLC and Deutsche Bank. Steve is an alumnus of The Wharton School, where he honed his skills and knowledge in finance and investment management.
Deepcurrents Investment Group manages discretionary assets totaling $3,156,938,383, as per their Form ADV dated March 2024. Their most recent 13F filing for the fourth quarter of 2023 disclosed $2,759,647,258 in managed 13F securities,
| Fund Name: | Deepcurrents Investment Group |
| Manager | Steve Zheng |
| Portfolio Value | $3,301,307,030 |
| Change This QTR | +1.06% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | Interdigital Inc.NOTE 3.500% 6/0 | IDCC | 41,800,000 | $153,179,569 | 4.64% | ||
| 2. | Applied Digital Corp.NOTE 2.750% 6/0 | APLD | 35,000,000 | $139,155,656 | NEW | 4.22% | |
| 3. | Repligen CorpNOTE 1.000%12/1 | RGEN | 94,439,000 | $96,802,539 | 2.93% | ||
| 4. | Mks IncNOTE 1.250% 6/0 | MKSI | 31,035,000 | $91,591,239 | +15% | 2.77% | |
| 5. | Snowflake Inc.NOTE 10/0 | SNOW | 55,000,000 | $91,559,751 | +31% | 2.77% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2026-06-11 |
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