STEELHEAD PARTNERS LLC
Follow13F filer, CIK 1133521, SEATTLE, WA
STEELHEAD PARTNERS LLC reported $1,943,137,631 across 49 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 39.15% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001133521-24-000012
- Period
- 2024-09-30
- Reported value
- $1.94B
- Holdings
- 49
- Top 10 weight
- 39.15%
- New
- 9
- Sold out
- 8
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NEEexited | -100,000 | -$4.95M |
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 0001133521-24-000012, largest first. % of portfolio is the value over $1,943,137,631, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | 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 |
|---|---|---|---|---|
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 132,000,000 | $119M | 0 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 107,800,000 | $107M | +22,800,000 |
| CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1 | principal | 87,500,000 | $80.9M | -8,132,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 65,000,000 | $68M | +35,000,000 |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO NOTE 1.250% 5/0 | principal | 66,616,000 | $67.2M | +34,116,000 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 70,000,000 | $66.8M | -20,986,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 60,000,000 | $66.3M | 0 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 74,500,000 | $66.3M | +4,415,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 62,778,000 | $61.8M | +37,778,000 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 30,500,000 | $56.6M | 0 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 54,500,000 | $56.5M | +4,500,000 |
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1 | principal | 45,000,000 | $51.2M | -10,000,000 |
| FIVERR INTL LTDFIVERR INTL LTD NOTE 11/0 | principal | 54,000,000 | $50.9M | 0 |
| GREENBRIER COS INCGREENBRIER COS INC NOTE 2.875% 4/1 | principal | 44,500,000 | $49M | +4,500,000 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 59,535,000 | $48.8M | 0 |
| BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0 | principal | 50,000,000 | $44.3M | 0 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 49,944,000 | $44.1M | 0 |
| NICE LTDNICE LTD NOTE 9/1 | principal | 45,532,000 | $43.5M | -4,468,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 46,313,000 | $43.2M | +5,967,000 |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC NOTE 9/1 | principal | 45,467,000 | $42.5M | +15,324,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 4/0 | principal | 42,000,000 | $41.9M | -8,000,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 43,511,000 | $39.8M | -1,489,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 38,520,000 | $35.6M | +13,520,000 |
| VEECO INSTRS INC DELVEECO INSTRS INC DEL NOTE 2.875% 6/0 | principal | 25,000,000 | $34M | -10,000,000 |
| PEGASYSTEMS INCPEGASYSTEMS INC NOTE 0.750% 3/0 | principal | 34,496,000 | $33.8M | new |
| NOVOCURE LTDNOVOCURE LTD NOTE 11/0 | principal | 35,100,000 | $33.1M | -3,325,000 |
| BOX INCBOX INC NOTE 1/1 | principal | 25,000,000 | $32.8M | -10,000,000 |
| TripAdvisor IncTripAdvisor Inc CONV | principal | 35,000,000 | $32.6M | -26,500,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 30,000,000 | $32.2M | 0 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 36,000,000 | $32.2M | -15,000,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 29,600,000 | $31.3M | new |
| LYFT INCLYFT INC NOTE 1.500% 5/1 | principal | 30,520,000 | $29.8M | 0 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 31,000,000 | $29.2M | -6,000,000 |
| Dropbox IncDropbox Inc Convertible bond | principal | 30,000,000 | $29.1M | -2,500,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 22,000,000 | $27.2M | -5,500,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 30,000,000 | $26.6M | -12,500,000 |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 17,250,000 | $24.4M | -15,750,000 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 29,800,000 | $23.9M | +11,300,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 23,000,000 | $21.9M | new |
| PTC THERAPEUTICS INCPTC THERAPEUTICS INC NOTE 1.500% 9/1 | principal | 19,000,000 | $19.8M | -1,000,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 16,500,000 | $16.5M | new |
| NEW MTN FIN CORPNEW MTN FIN CORP BOND | principal | 16,000,000 | $16.2M | +3,000,000 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 2.500%10/0 | principal | 16,500,000 | $16M | 0 |
| ZSCALER INCZSCALER INC NOTE 0.125% 7/0 | principal | 10,651,000 | $13M | new |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 11,450,000 | $10.5M | new |
| VEECO INSTRS INC DELVEECO INSTRS INC DEL NOTE 3.500% 1/1 | principal | 4,800,000 | $6.75M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 5,150,000 | $6.34M | new |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 5,000,000 | $6.02M | new |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC BOND | principal | 6,246,000 | $5.9M | new |
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 |
|---|---|---|---|
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC | 26,500,000 | $28.6M | principal |
| ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC | 32,500,000 | $26.3M | principal |
| EXACT SCIENCES CORPEXACT SCIENCES CORP | 29,500,000 | $25.8M | principal |
| COLLEGIUM PHARMACEUTICAL INCCOLLEGIUM PHARMACEUTICAL INC | 23,000,000 | $25.5M | principal |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC | 25,000,000 | $23.5M | principal |
| EVENTBRITE INCEVENTBRITE INC | 25,000,000 | $21.7M | principal |
| BLOCK INCBLOCK INC | 14,500,000 | $14M | principal |
| NEENEXTERA ENERGY INC | 100,000 | $4.95M | 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 0001133521-24-000012 | base | 2024-11-14 | acceptance time not in the bulk data set |