Deep Sail Capital

2 strategies

Deep Sail Capital publishes a letter per strategy. Each one has its own page with what it holds, what it bought and what it wrote.

• Deep Sail Capital Partners2

  Large-cap · 36 companies

  YTD −1.6% (Sep 30, 2026)

• Deep Sail Capital Vertical Market Software1

  Technology · 12 companies

Returns as reported in each strategy’s latest letter, extracted automatically and not verified by us; one share class, in its own currency. Not investment advice. Past performance does not predict future returns.

What they bought and sold · 13 moves

• New positionTheon International

  September 2026

  “The new positions in Q3 were Innovative Aerosystems (thesis below), Mama’s Creations, and Theon International.”

  Read the letter→
• New positionMama's Creations

  September 2026

  “The new positions in Q3 were Innovative Aerosystems (thesis below), Mama’s Creations, and Theon International.”

  Read the letter→
• TrimmedSanuwave Health

  September 2026

  “Some of these drawdowns were warranted, as with Sanuwave (driven by the proposed CMS reimbursement change), while others, such as Hydreight Technologies, were not.”

  Read the letter→
• ExitedVertiv

  June 2026

  “The fund closed positions in Micron, Amplitech Group, Vertiv, Ouster, and MDA Space among others.”

  Read the letter→
• ExitedAmplitech Group

  June 2026

  “The fund closed positions in Micron, Amplitech Group, Vertiv, Ouster, and MDA Space among others.”

  Read the letter→
• New positionSK Hynix

  June 2026

  “The new positions in Q2 included Celestica, SK Hynix, SuperCom, Intuitive Machines, and Capstone Energy + (formerly Capstone Green Energy).”

  Read the letter→
• ExitedOuster

  June 2026

  “The fund closed positions in Micron, Amplitech Group, Vertiv, Ouster, and MDA Space among others.”

  Read the letter→
• ExitedMicron

  June 2026

  “The fund closed positions in Micron, Amplitech Group, Vertiv, Ouster, and MDA Space among others.”

  Read the letter→
• ExitedMDA Space

  June 2026

  “The fund closed positions in Micron, Amplitech Group, Vertiv, Ouster, and MDA Space among others.”

  Read the letter→
• New positionIntuitive Machines

  June 2026

  “The new positions in Q2 included Celestica, SK Hynix, SuperCom, Intuitive Machines, and Capstone Energy + (formerly Capstone Green Energy).”

  Read the letter→
• New positionCelestica

  June 2026

  “The new positions in Q2 included Celestica, SK Hynix, SuperCom, Intuitive Machines, and Capstone Energy + (formerly Capstone Green Energy).”

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• New positionCapstone Energy

  June 2026

  “The new positions in Q2 included Celestica, SK Hynix, SuperCom, Intuitive Machines, and Capstone Energy + (formerly Capstone Green Energy).”

  Read the letter→
• New positionSuperCom

  June 2026

  “The new positions in Q2 included Celestica, SK Hynix, SuperCom, Intuitive Machines, and Capstone Energy + (formerly Capstone Green Energy).”

  Read the letter→

Companies held · 15

Every company Deep Sail Capital has disclosed a position in across our archive, with the letter that last mentioned it.

• Amplitech GroupJun 2026
• Capstone EnergyJun 2026
• CelesticaJun 2026
• Credo TechnologyJun 2026
• Hydreight TechnologiesSep 2026
• Intuitive MachinesJun 2026
• Mama's CreationsSep 2026
• MDA SpaceJun 2026
• MicronJun 2026
• OusterJun 2026
• Sanuwave HealthSep 2026
• SK HynixJun 2026
• SuperComJun 2026
• Theon InternationalSep 2026
• VertivJun 2026

Theses · 9

• Sanuwave Health

  September 2026

  Sanuwave Health is a wound-care company whose stock reflects a potentially severe CMS reimbursement cut, but the manager believes the final cut may be smaller than the market expects.

  Read the full thesis→
• Innovative Aerosystems

  September 2026

  Innovative Aerosystems has multiple long-term growth drivers, including acquisitions, fleet aging, and Liberty Flight Deck, with upside from future wins not priced in.

  Read the full thesis→
• Celestica Inc.

  June 2026

  Celestica Inc. is positioned as an AI and cloud infrastructure hardware integrator with strong hyperscaler exposure, margin expansion, and long-term growth from 800G/1.6T and CPO ramps.

  Read the full thesis→
• Credo Technology Group Holding Ltd

  June 2026

  Credo Technology Group Holding Ltd is viewed favorably for its ZeroFlap optics platform, Dust Photonics acquisition, and attractive growth-and-valuation profile.

  Read the full thesis→
• Sanuwave Health, Inc.

  December 2025

  Sanuwave Health, Inc. is a specialty medical device company leveraging a high-margin recurring model, strong IP and leadership, and favorable reimbursement tailwinds to drive multi-year growth at an attractive valuation.

  Read the full thesis→
• Hydreight Technologies

  September 2025

  Hydreight Technologies is a rapidly growing mobile health platform that integrates SaaS technology with telehealth and pharmacy services, projecting significant revenue growth leveraging its three complementary platforms: Hydreight App, VSHOpe, and Hydreight MD.

  Read the full thesis→
• Vitec Group

  September 2025

  Vitec Software is an attractive long-term investment with strong growth potential, solid capital allocation, and a founder's mindset, despite being reasonably to slightly overvalued at the current price.

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• AmpliTech Group

  March 2025

  AmpliTech Group is a U.S.-based RF and 5G ORAN systems provider benefiting from ORAN adoption, sizable LOIs, improving margins, strong management execution, and attractive valuation upside.

  Read the full thesis→
• Shelly Group

  December 2024

  Shelly Group is strengthening its position in the smart home market through innovative software integration, strategic expansion, and a commitment to sustainability, all while achieving significant revenue growth and a favorable valuation.

  Read the full thesis→

Letter archive · 9