Radcliffe Capital Management, L.P.
Follow13F filer, CIK 1218275, BALA CYNWYD, PA
Radcliffe Capital Management, L.P. reported $589,129,788 across 39 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 86.49% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-24-118327
- Period
- 2024-09-30
- Reported value
- $589M
- Holdings
- 39
- Top 10 weight
- 86.49%
- New
- 9
- Sold out
- 10
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AAMnew | +543,573 | $5.45M |
| VINE HILL CAP INVT CORP.new | +28,896 | $289K |
| HCM II ACQUISITION CORPnew | +13,400 | $134K |
| AA MISSION ACQUISITI…new | +385,700 | $20.3K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Zalatoris II Acquisition Co…exited | -225,023 | -$2.47M |
| BTMWQexited | -741,437 | -$35.9K |
| GLOBAL BLOCKCHAIN ACQUI CORPexited | -28,402 | -$1.33K |
| INFLECTION PT ACQUISITN CRPreduced | -401 | -$90 |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001104659-24-118327, largest first. % of portfolio is the value over $589,129,788, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| AAMAA MISSION ACQUISITION COR-A | 543,573 | $5.45M | 0.92% | new | Timeline | ||
| ARES ACQUISITION CORP IIARES ACQUISITION CORP II | 200,000 | $2.17M | 0.37% | 0 | |||
| RIGEL RESOURCE ACQ CORPRIGEL RESOURCE ACQ CORP | 172,362 | $1.98M | 0.34% | 0 | |||
| INFLECTION PT ACQUISITN CRPINFLECTION PT ACQUISITN CRP | 148,193 | $1.59M | 0.27% | 0 | |||
| ALCYFALCHEMY INVTS ACQUISITN CORP | 47,486 | $516K | 0.09% | 0 | Timeline | ||
| ESHAESH ACQUISITION CORP | 40,000 | $424K | 0.07% | 0 | Timeline | ||
| HYACHAYMAKER ACQUISITION CORP IV | 37,821 | $403K | 0.07% | 0 | Timeline | ||
| VINE HILL CAP INVT CORP.VINE HILL CAP INVT CORP. | 28,896 | $289K | 0.05% | new | |||
| Bitcoin Depot IncBitcoin Depot Inc | 121,981 | $193K | 0.03% | 0 | |||
| HCM II ACQUISITION CORPHCM II ACQUISITION CORP | 13,400 | $134K | 0.02% | new | |||
| AA MISSION ACQUISITI…AA MISSION ACQUISITION … | 385,700 | $20.3K | <0.01% | new | |||
| ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28 | 52,042 | $8.57K | <0.01% | 0 | |||
| INFLECTION PT ACQUISITN CRPINFLECTION PT ACQUISITN CRP | 32,962 | $7.42K | <0.01% | -401 | |||
| ALCWFALCHEMY INVTS ACQUISITN CORP | 30,000 | $2.79K | <0.01% | 0 | Timeline |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 173,735,008 | $154M | +6,000,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 81,000,000 | $69.9M | +32,000,000 |
| MAGNITE INCMAGNITE INC NOTE 0.250% 3/1 | principal | 69,767,000 | $64.3M | +3,000,000 |
| NEW MTN FIN CORPNEW MTN FIN CORP BOND | principal | 50,030,000 | $50.4M | +1,530,000 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 45,238,000 | $40.4M | +9,013,000 |
| LIVONGO HEALTH INCLIVONGO HEALTH INC NOTE 0.875% 6/0 | principal | 34,000,000 | $32.9M | new |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 38,000,000 | $31M | +3,000,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 30,940,000 | $30.8M | 0 |
| FIVERR INTL LTDFIVERR INTL LTD NOTE 11/0 | principal | 20,677,000 | $19.4M | +13,177,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 19,000,000 | $16.7M | +8,000,000 |
| PROSPECT CAP CORPPROSPECT CAP CORP BOND | principal | 13,826,000 | $13.8M | +1,500,000 |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 10,988,000 | $10.5M | new |
| ZSCALER INCZSCALER INC NOTE 0.125% 7/0 | principal | 5,000,000 | $6.1M | +2,500,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 5,000,000 | $5.16M | 0 |
| BLACKLINE INCBLACKLINE INC NOTE 3/1 | principal | 5,500,000 | $5.13M | 0 |
| LYFT INCLYFT INC NOTE 1.500% 5/1 | principal | 5,000,000 | $4.86M | new |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 5,000,000 | $4.82M | 0 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1 | principal | 4,572,000 | $4.05M | new |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 4,025,000 | $3.45M | 0 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 2,500,000 | $2.29M | new |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 2,302,000 | $2.03M | +802,000 |
| CHEGG INCCHEGG INC NOTE 0.125% 3/1 | principal | 1,732,000 | $1.66M | 0 |
| OKTA INCOKTA INC NOTE 0.125% 9/0 | principal | 1,600,000 | $1.52M | 0 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 600,000 | $547K | 0 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 500,000 | $470K | 0 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| OKTA INCOKTA INC | 36,215,000 | $33.1M | principal |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD | 21,324,000 | $21.2M | principal |
| BREAD FINANCIAL HOLDINGS INBREAD FINANCIAL HOLDINGS IN | 4,000,000 | $5.32M | principal |
| TRUMP MEDIA & TECHNOLOGY GROTRUMP MEDIA & TECHNOLOGY GRO | 153,700 | $5.03M | put |
| TURNING PT BRANDS INCTURNING PT BRANDS INC | 3,117,000 | $3.11M | principal |
| BLACKLINE INCBLACKLINE INC | 2,613,000 | $2.59M | principal |
| Zalatoris II Acquisition Co…Zalatoris II Acquisition Corp | 225,023 | $2.47M | shares |
| BTMWQBITCOIN DEPOT INC | 741,437 | $35.9K | shares |
| GLOBAL BLOCKCHAIN ACQUI CORPGLOBAL BLOCKCHAIN ACQUI CORP | 28,402 | $1.33K | shares |
| Relativity Acquisition CorpRelativity Acquisition Corp | 243,574 | $0 | shares |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001104659-24-118327 | base | 2024-11-14 | acceptance time not in the bulk data set |