Filed: 5/15/2025ACC: 0001104659-25-048896
📋 What this filing means
RADCLIFFE CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $970.94M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$970.94M
Total AUM (reported)
1.02B
Total Shares
Allocation by class
CONV$965.26M99.4%
COMMON STOCK$5.65M0.6%
WARRANT$30.5K0.0%
Portfolio Concentration
Top 3$339.32M34.9%
4–10$374.43M38.6%
11–25$225.98M23.3%
Rest$31.21M3.2%
Top 3 weight
34.9%
Top 10 weight
73.5%
Voting Authority Distribution
Total shares with voting rights: 1.02B
Sole
Full voting authority
945.92M
shares
% of voting shares92.7%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
74.71M
shares
% of voting shares7.3%
Investment Discretion (by position count)
Sole42
Shared0
Other0
Dominant voting typeSole · 92.7% of voting shares
Institutional Holdings42
Rows:
DigitalOcean Holdings Inc
SOLEShares176.24M
TypePRN
Market value$163.89M
16.88%
Sole
163.66M
Shared
0.00
None
12.57M
Teladoc Health Inc
SOLEShares93M
TypePRN
Market value$92.07M
9.48%
Sole
79.17M
Shared
0.00
None
13.84M
Teladoc Health Inc
SOLEShares91M
TypePRN
Market value$83.36M
8.59%
Sole
91M
Shared
0.00
None
0.00
Nice Ltd
SOLEShares75.37M
TypePRN
Market value$73.37M
7.56%
Sole
67.64M
Shared
0.00
None
7.72M
New Mountain Finance Corporation
SOLEShares67.05M
TypePRN
Market value$67.82M
6.98%
Sole
60.18M
Shared
0.00
None
6.87M
Magnite Inc.
SOLEShares69.77M
TypePRN
Market value$66.35M
6.83%
Sole
63.33M
Shared
0.00
None
6.44M
Enphase Energy Inc
SOLEShares69.80M
TypePRN
Market value$66.14M
6.81%
Sole
58.97M
Shared
0.00
None
10.83M
Fiverr International Ltd
SOLEShares35.68M
TypePRN
Market value$34.52M
3.56%
Sole
32.19M
Shared
0.00
None
3.49M
Enphase Energy Inc
SOLEShares40.14M
TypePRN
Market value$34.00M
3.50%
Sole
40.14M
Shared
0.00
None
0.00
Etsy Inc
SOLEShares38M
TypePRN
Market value$32.24M
3.32%
Sole
38M
Shared
0.00
None
0.00
RingCentral Inc
SOLEShares31.73M
TypePRN
Market value$30.20M
3.11%
Sole
29.01M
Shared
0.00
None
2.72M
Bandwidth Inc
SOLEShares29.65M
TypePRN
Market value$23.83M
2.45%
Sole
29.65M
Shared
0.00
None
0.00
Affirm Holdings Inc
SOLEShares25.82M
TypePRN
Market value$23.74M
2.45%
Sole
25.82M
Shared
0.00
None
0.00
Five9 Inc
SOLEShares22.33M
TypePRN
Market value$22.08M
2.27%
Sole
20.33M
Shared
0.00
None
2M
Repay Holdings Corp
SOLEShares22.03M
TypePRN
Market value$21.03M
2.17%
Sole
20.81M
Shared
0.00
None
1.22M
Cable One Inc
SOLEShares18.26M
TypePRN
Market value$17.30M
1.78%
Sole
17.51M
Shared
0.00
None
753K
Unity Software Inc
SOLEShares18.46M
TypePRN
Market value$17.08M
1.76%
Sole
16.88M
Shared
0.00
None
1.58M
Upwork Inc
SOLEShares15.60M
TypePRN
Market value$14.53M
1.50%
Sole
15.55M
Shared
0.00
None
50K
Pacira Biosciences Inc.
SOLEShares12.99M
TypePRN
Market value$12.78M
1.32%
Sole
12.41M
Shared
0.00
None
580K
Etsy Inc
SOLEShares11.60M
TypePRN
Market value$10.18M
1.05%
Sole
11.60M
Shared
0.00
None
0.00
Datadog Inc
SOLEShares7M
TypePRN
Market value$7.83M
0.81%
Sole
7M
Shared
0.00
None
0.00
Lyft Inc
SOLEShares6.87M
TypePRN
Market value$6.84M
0.70%
Sole
3.05M
Shared
0.00
None
3.82M
Alarm.com Holdings Inc
SOLEShares7M
TypePRN
Market value$6.69M
0.69%
Sole
6.92M
Shared
0.00
None
80K
Zscaler Inc
SOLEShares5M
TypePRN
Market value$6.62M
0.68%
Sole
5M
Shared
0.00
None
0.00
BlackLine Inc
SOLEShares5.50M
TypePRN
Market value$5.26M
0.54%
Sole
5.50M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
DigitalOcean Holdings IncSOLE | Conv | 176.24M | PRN | $163.89M 16.88% | 163.66M | 0.00 | 12.57M |
Teladoc Health IncSOLE | Conv | 93M | PRN | $92.07M 9.48% | 79.17M | 0.00 | 13.84M |
Teladoc Health IncSOLE | Conv | 91M | PRN | $83.36M 8.59% | 91M | 0.00 | 0.00 |
Nice LtdSOLE | Conv | 75.37M | PRN | $73.37M 7.56% | 67.64M | 0.00 | 7.72M |
New Mountain Finance CorporationSOLE | Conv | 67.05M | PRN | $67.82M 6.98% | 60.18M | 0.00 | 6.87M |
Magnite Inc.SOLE | Conv | 69.77M | PRN | $66.35M 6.83% | 63.33M | 0.00 | 6.44M |
Enphase Energy IncSOLE | Conv | 69.80M | PRN | $66.14M 6.81% | 58.97M | 0.00 | 10.83M |
Fiverr International LtdSOLE | Conv | 35.68M | PRN | $34.52M 3.56% | 32.19M | 0.00 | 3.49M |
Enphase Energy IncSOLE | Conv | 40.14M | PRN | $34.00M 3.50% | 40.14M | 0.00 | 0.00 |
Etsy IncSOLE | Conv | 38M | PRN | $32.24M 3.32% | 38M | 0.00 | 0.00 |
RingCentral IncSOLE | Conv | 31.73M | PRN | $30.20M 3.11% | 29.01M | 0.00 | 2.72M |
Bandwidth IncSOLE | Conv | 29.65M | PRN | $23.83M 2.45% | 29.65M | 0.00 | 0.00 |
Affirm Holdings IncSOLE | Conv | 25.82M | PRN | $23.74M 2.45% | 25.82M | 0.00 | 0.00 |
Five9 IncSOLE | Conv | 22.33M | PRN | $22.08M 2.27% | 20.33M | 0.00 | 2M |
Repay Holdings CorpSOLE | Conv | 22.03M | PRN | $21.03M 2.17% | 20.81M | 0.00 | 1.22M |
Cable One IncSOLE | Conv | 18.26M | PRN | $17.30M 1.78% | 17.51M | 0.00 | 753K |
Unity Software IncSOLE | Conv | 18.46M | PRN | $17.08M 1.76% | 16.88M | 0.00 | 1.58M |
Upwork IncSOLE | Conv | 15.60M | PRN | $14.53M 1.50% | 15.55M | 0.00 | 50K |
Pacira Biosciences Inc.SOLE | Conv | 12.99M | PRN | $12.78M 1.32% | 12.41M | 0.00 | 580K |
Etsy IncSOLE | Conv | 11.60M | PRN | $10.18M 1.05% | 11.60M | 0.00 | 0.00 |
Datadog IncSOLE | Conv | 7M | PRN | $7.83M 0.81% | 7M | 0.00 | 0.00 |
Lyft IncSOLE | Conv | 6.87M | PRN | $6.84M 0.70% | 3.05M | 0.00 | 3.82M |
Alarm.com Holdings IncSOLE | Conv | 7M | PRN | $6.69M 0.69% | 6.92M | 0.00 | 80K |
Zscaler IncSOLE | Conv | 5M | PRN | $6.62M 0.68% | 5M | 0.00 | 0.00 |
BlackLine IncSOLE | Conv | 5.50M | PRN | $5.26M 0.54% | 5.50M | 0.00 | 0.00 |
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