STEELHEAD PARTNERS LLC

Filed: 5/15/2024ACC: 0001133521-24-000008

📋 What this filing means

STEELHEAD PARTNERS LLC filed this quarterly 13F‑HR report disclosing 46 equity positions with a total reported market value of $1.90B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.90B

Total AUM (reported)

1.95B

Total Shares

Allocation by class

NOTE 1/1$153.84M8.1%

NOTE 3/1$144.10M7.6%

NOTE 0.250% 9/1$113.20M5.9%

NOTE 9/1$99.81M5.2%

NOTE 3/0$97.94M5.1%

NOTE 8/1$89.70M4.7%

NOTE 4/0$85.83M4.5%

Portfolio Concentration

Top 3$303.94M16.0%

4–10$407.45M21.4%

11–25$665.91M35.0%

Rest$526.55M27.7%

Top 3 weight

16.0%

Top 10 weight

37.4%

Voting Authority Distribution

Total shares with voting rights: 1.95B

Sole

Full voting authority

1.95B

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole46

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings46

Rows:

SEALTD 0 1/4 09/15/26

SOLE

NOTE 0.250% 9/1

Shares132M

TypePRN

Market value$113.20M

5.95%

Sole

132M

Shared

0.00

None

0.00

SPOT 0 03/15/26

SOLE

NOTE 3/1

Shares110M

TypePRN

Market value$101.04M

5.31%

Sole

110M

Shared

0.00

None

0.00

NET 0 08/15/26

SOLE

NOTE 8/1

Shares95.63M

TypePRN

Market value$89.70M

4.71%

Sole

95.63M

Shared

0.00

None

0.00

DXCM 0 1/4 11/15/25

SOLE

NOTE 0.250%11/1

Shares62.87M

TypePRN

Market value$69.17M

3.63%

Sole

62.87M

Shared

0.00

None

0.00

SEDG 0 09/15/25

SOLE

NOTE 9/1

Shares70.25M

TypePRN

Market value$64.08M

3.37%

Sole

70.25M

Shared

0.00

None

0.00

IDCC 2 06/01/24

SOLE

NOTE 2.000% 6/0

Shares45.97M

TypePRN

Market value$59.88M

3.15%

Sole

45.97M

Shared

0.00

None

0.00

TRIP 0 1/4 04/01/26

SOLE

NOTE 0.250% 4/0

Shares61.50M

TypePRN

Market value$57.55M

3.02%

Sole

61.50M

Shared

0.00

None

0.00

IONS 0 04/01/26

SOLE

NOTE 4/0

Shares53.80M

TypePRN

Market value$53.07M

2.79%

Sole

53.80M

Shared

0.00

None

0.00

FVRR 0 11/01/25

SOLE

NOTE 11/0

Shares57.50M

TypePRN

Market value$51.92M

2.73%

Sole

57.50M

Shared

0.00

None

0.00

BOX 0 01/15/26

SOLE

NOTE 1/1

Shares43M

TypePRN

Market value$51.77M

2.72%

Sole

43M

Shared

0.00

None

0.00

CFLT 0 01/15/27

SOLE

NOTE 1/1

Shares60.02M

TypePRN

Market value$51.52M

2.71%

Sole

60.02M

Shared

0.00

None

0.00

ALRM 0 01/15/26

SOLE

NOTE 1/1

Shares55M

TypePRN

Market value$50.55M

2.66%

Sole

55M

Shared

0.00

None

0.00

ETSY 0 1/4 06/15/28

SOLE

NOTE 0.250% 6/1

Shares63.72M

TypePRN

Market value$50.44M

2.65%

Sole

63.72M

Shared

0.00

None

0.00

UBER 0 12/15/25

SOLE

NOTE 12/1

Shares43.84M

TypePRN

Market value$49.24M

2.59%

Sole

43.84M

Shared

0.00

None

0.00

SQ 0 05/01/26

SOLE

NOTE 5/0

Shares53.74M

TypePRN

Market value$48.10M

2.53%

Sole

53.74M

Shared

0.00

None

0.00

MTSI 0.25 03/15/26

SOLE

NOTE 0.250% 3/1

Shares35.40M

TypePRN

Market value$44.78M

2.35%

Sole

35.40M

Shared

0.00

None

0.00

IDCC 3 1/2 06/01/27

SOLE

NOTE 3.500% 6/0

Shares30.50M

TypePRN

Market value$43.95M

2.31%

Sole

30.50M

Shared

0.00

None

0.00

PTCT 1 1/2 09/15/26

SOLE

NOTE 1.500% 9/1

Shares46.30M

TypePRN

Market value$43.29M

2.27%

Sole

46.30M

Shared

0.00

None

0.00

U 0 11/15/26

SOLE

NOTE 11/1

Shares51M

TypePRN

Market value$43.29M

2.27%

Sole

51M

Shared

0.00

None

0.00

BL 0 03/15/26

SOLE

NOTE 3/1

Shares47.50M

TypePRN

Market value$43.07M

2.26%

Sole

47.50M

Shared

0.00

None

0.00

UPWK 0 1/4 08/15/26

SOLE

NOTE 0.250% 8/1

Shares48.50M

TypePRN

Market value$42.56M

2.24%

Sole

48.50M

Shared

0.00

None

0.00

BL 0 1/8 08/01/24

SOLE

NOTE 0.125% 8/0

Shares40M

TypePRN

Market value$41.01M

2.15%

Sole

40M

Shared

0.00

None

0.00

GBX 2 7/8 04/15/28

SOLE

NOTE 2.875% 4/1

Shares35.50M

TypePRN

Market value$39.42M

2.07%

Sole

35.50M

Shared

0.00

None

0.00

SRPT 1 1/4 09/15/27

SOLE

NOTE 1.250% 9/1

Shares32.35M

TypePRN

Market value$37.86M

1.99%

Sole

32.35M

Shared

0.00

None

0.00

ENPH 0 03/01/26

SOLE

NOTE 3/0

Shares40M

TypePRN

Market value$36.83M

1.93%

Sole

40M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SEALTD 0 1/4 09/15/26SOLE	NOTE 0.250% 9/1	132M	PRN	$113.20M 5.95%	132M
SPOT 0 03/15/26SOLE	NOTE 3/1	110M	PRN	$101.04M 5.31%	110M
NET 0 08/15/26SOLE	NOTE 8/1	95.63M	PRN	$89.70M 4.71%	95.63M
DXCM 0 1/4 11/15/25SOLE	NOTE 0.250%11/1	62.87M	PRN	$69.17M 3.63%	62.87M
SEDG 0 09/15/25SOLE	NOTE 9/1	70.25M	PRN	$64.08M 3.37%	70.25M
IDCC 2 06/01/24SOLE	NOTE 2.000% 6/0	45.97M	PRN	$59.88M 3.15%	45.97M
TRIP 0 1/4 04/01/26SOLE	NOTE 0.250% 4/0	61.50M	PRN	$57.55M 3.02%	61.50M
IONS 0 04/01/26SOLE	NOTE 4/0	53.80M	PRN	$53.07M 2.79%	53.80M
FVRR 0 11/01/25SOLE	NOTE 11/0	57.50M	PRN	$51.92M 2.73%	57.50M
BOX 0 01/15/26SOLE	NOTE 1/1	43M	PRN	$51.77M 2.72%	43M
CFLT 0 01/15/27SOLE	NOTE 1/1	60.02M	PRN	$51.52M 2.71%	60.02M
ALRM 0 01/15/26SOLE	NOTE 1/1	55M	PRN	$50.55M 2.66%	55M
ETSY 0 1/4 06/15/28SOLE	NOTE 0.250% 6/1	63.72M	PRN	$50.44M 2.65%	63.72M
UBER 0 12/15/25SOLE	NOTE 12/1	43.84M	PRN	$49.24M 2.59%	43.84M
SQ 0 05/01/26SOLE	NOTE 5/0	53.74M	PRN	$48.10M 2.53%	53.74M
MTSI 0.25 03/15/26SOLE	NOTE 0.250% 3/1	35.40M	PRN	$44.78M 2.35%	35.40M
IDCC 3 1/2 06/01/27SOLE	NOTE 3.500% 6/0	30.50M	PRN	$43.95M 2.31%	30.50M
PTCT 1 1/2 09/15/26SOLE	NOTE 1.500% 9/1	46.30M	PRN	$43.29M 2.27%	46.30M
U 0 11/15/26SOLE	NOTE 11/1	51M	PRN	$43.29M 2.27%	51M
BL 0 03/15/26SOLE	NOTE 3/1	47.50M	PRN	$43.07M 2.26%	47.50M
UPWK 0 1/4 08/15/26SOLE	NOTE 0.250% 8/1	48.50M	PRN	$42.56M 2.24%	48.50M
BL 0 1/8 08/01/24SOLE	NOTE 0.125% 8/0	40M	PRN	$41.01M 2.15%	40M
GBX 2 7/8 04/15/28SOLE	NOTE 2.875% 4/1	35.50M	PRN	$39.42M 2.07%	35.50M
SRPT 1 1/4 09/15/27SOLE	NOTE 1.250% 9/1	32.35M	PRN	$37.86M 1.99%	32.35M
ENPH 0 03/01/26SOLE	NOTE 3/0	40M	PRN	$36.83M 1.93%	40M

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