STEELHEAD PARTNERS LLC

Filed: 11/14/2024ACC: 0001133521-24-000012

📋 What this filing means

STEELHEAD PARTNERS LLC filed this quarterly 13F‑HR report disclosing 49 equity positions with a total reported market value of $1.94B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.94B

Total AUM (reported)

1.95B

Total Shares

Allocation by class

NOTE 3/1$175.39M9.0%

NOTE 1/1$142.25M7.3%

NOTE 0.250% 9/1$119.39M6.1%

NOTE 3/0$102.43M5.3%

NOTE 4/0$86.17M4.4%

NOTE 9/1$86.02M4.4%

NOTE 11/0$84.00M4.3%

Portfolio Concentration

Top 3$307.70M15.8%

4–10$452.99M23.3%

11–25$659.22M33.9%

Rest$523.23M26.9%

Top 3 weight

15.8%

Top 10 weight

39.1%

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)

Sole49

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings49

Rows:

SEALTD 0 1/4 09/15/26

SOLE

NOTE 0.250% 9/1

Shares132M

TypePRN

Market value$119.39M

6.14%

Sole

132M

Shared

0.00

None

0.00

SPOT 0 03/15/26

SOLE

NOTE 3/1

Shares107.80M

TypePRN

Market value$107.37M

5.53%

Sole

107.80M

Shared

0.00

None

0.00

NET 0 08/15/26

SOLE

NOTE 8/1

Shares87.50M

TypePRN

Market value$80.94M

4.17%

Sole

87.50M

Shared

0.00

None

0.00

ITRI 0 03/15/26

SOLE

NOTE 3/1

Shares65M

TypePRN

Market value$68.02M

3.50%

Sole

65M

Shared

0.00

None

0.00

LUV 1 1/4 05/01/25

SOLE

NOTE 1.250% 5/0

Shares66.62M

TypePRN

Market value$67.23M

3.46%

Sole

66.62M

Shared

0.00

None

0.00

DXCM 0 1/4 11/15/25

SOLE

NOTE 0.250%11/1

Shares70M

TypePRN

Market value$66.81M

3.44%

Sole

70M

Shared

0.00

None

0.00

UBER 0 12/15/25

SOLE

NOTE 12/1

Shares60M

TypePRN

Market value$66.31M

3.41%

Sole

60M

Shared

0.00

None

0.00

CFLT 0 01/15/27

SOLE

NOTE 1/1

Shares74.50M

TypePRN

Market value$66.26M

3.41%

Sole

74.50M

Shared

0.00

None

0.00

LITE 0 1/2 12/15/26

SOLE

NOTE 0.500%12/1

Shares62.78M

TypePRN

Market value$61.75M

3.18%

Sole

62.78M

Shared

0.00

None

0.00

IDCC 3 1/2 06/01/27

SOLE

NOTE 3.500% 6/0

Shares30.50M

TypePRN

Market value$56.61M

2.91%

Sole

30.50M

Shared

0.00

None

0.00

IONS 1.75 06/15/28

SOLE

NOTE 1.750% 6/1

Shares54.50M

TypePRN

Market value$56.55M

2.91%

Sole

54.50M

Shared

0.00

None

0.00

SRPT 1 1/4 09/15/27

SOLE

NOTE 1.250% 9/1

Shares45M

TypePRN

Market value$51.21M

2.64%

Sole

45M

Shared

0.00

None

0.00

FVRR 0 11/01/25

SOLE

NOTE 11/0

Shares54M

TypePRN

Market value$50.86M

2.62%

Sole

54M

Shared

0.00

None

0.00

GBX 2 7/8 04/15/28

SOLE

NOTE 2.875% 4/1

Shares44.50M

TypePRN

Market value$49.00M

2.52%

Sole

44.50M

Shared

0.00

None

0.00

ETSY 0 1/4 06/15/28

SOLE

NOTE 0.250% 6/1

Shares59.53M

TypePRN

Market value$48.80M

2.51%

Sole

59.53M

Shared

0.00

None

0.00

BILL 0 04/01/27

SOLE

NOTE 4/0

Shares50M

TypePRN

Market value$44.25M

2.28%

Sole

50M

Shared

0.00

None

0.00

ENPH 0 03/01/28

SOLE

NOTE 3/0

Shares49.94M

TypePRN

Market value$44.14M

2.27%

Sole

49.94M

Shared

0.00

None

0.00

NICEIT 0 09/15/25

SOLE

NOTE 9/1

Shares45.53M

TypePRN

Market value$43.54M

2.24%

Sole

45.53M

Shared

0.00

None

0.00

ALRM 0 01/15/26

SOLE

NOTE 1/1

Shares46.31M

TypePRN

Market value$43.22M

2.22%

Sole

46.31M

Shared

0.00

None

0.00

SEDG 0 09/15/25

SOLE

NOTE 9/1

Shares45.47M

TypePRN

Market value$42.48M

2.19%

Sole

45.47M

Shared

0.00

None

0.00

IONS 0 04/01/26

SOLE

NOTE 4/0

Shares42M

TypePRN

Market value$41.92M

2.16%

Sole

42M

Shared

0.00

None

0.00

UPWK 0 1/4 08/15/26

SOLE

NOTE 0.250% 8/1

Shares43.51M

TypePRN

Market value$39.82M

2.05%

Sole

43.51M

Shared

0.00

None

0.00

SQ 0 05/01/26

SOLE

NOTE 5/0

Shares38.52M

TypePRN

Market value$35.61M

1.83%

Sole

38.52M

Shared

0.00

None

0.00

VECO 2 7/8 06/01/29

SOLE

NOTE 2.875% 6/0

Shares25M

TypePRN

Market value$34.00M

1.75%

Sole

25M

Shared

0.00

None

0.00

PEGA 0.75 03/01/25

SOLE

NOTE 0.750% 3/0

Shares34.50M

TypePRN

Market value$33.82M

1.74%

Sole

34.50M

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	$119.39M 6.14%	132M
SPOT 0 03/15/26SOLE	NOTE 3/1	107.80M	PRN	$107.37M 5.53%	107.80M
NET 0 08/15/26SOLE	NOTE 8/1	87.50M	PRN	$80.94M 4.17%	87.50M
ITRI 0 03/15/26SOLE	NOTE 3/1	65M	PRN	$68.02M 3.50%	65M
LUV 1 1/4 05/01/25SOLE	NOTE 1.250% 5/0	66.62M	PRN	$67.23M 3.46%	66.62M
DXCM 0 1/4 11/15/25SOLE	NOTE 0.250%11/1	70M	PRN	$66.81M 3.44%	70M
UBER 0 12/15/25SOLE	NOTE 12/1	60M	PRN	$66.31M 3.41%	60M
CFLT 0 01/15/27SOLE	NOTE 1/1	74.50M	PRN	$66.26M 3.41%	74.50M
LITE 0 1/2 12/15/26SOLE	NOTE 0.500%12/1	62.78M	PRN	$61.75M 3.18%	62.78M
IDCC 3 1/2 06/01/27SOLE	NOTE 3.500% 6/0	30.50M	PRN	$56.61M 2.91%	30.50M
IONS 1.75 06/15/28SOLE	NOTE 1.750% 6/1	54.50M	PRN	$56.55M 2.91%	54.50M
SRPT 1 1/4 09/15/27SOLE	NOTE 1.250% 9/1	45M	PRN	$51.21M 2.64%	45M
FVRR 0 11/01/25SOLE	NOTE 11/0	54M	PRN	$50.86M 2.62%	54M
GBX 2 7/8 04/15/28SOLE	NOTE 2.875% 4/1	44.50M	PRN	$49.00M 2.52%	44.50M
ETSY 0 1/4 06/15/28SOLE	NOTE 0.250% 6/1	59.53M	PRN	$48.80M 2.51%	59.53M
BILL 0 04/01/27SOLE	NOTE 4/0	50M	PRN	$44.25M 2.28%	50M
ENPH 0 03/01/28SOLE	NOTE 3/0	49.94M	PRN	$44.14M 2.27%	49.94M
NICEIT 0 09/15/25SOLE	NOTE 9/1	45.53M	PRN	$43.54M 2.24%	45.53M
ALRM 0 01/15/26SOLE	NOTE 1/1	46.31M	PRN	$43.22M 2.22%	46.31M
SEDG 0 09/15/25SOLE	NOTE 9/1	45.47M	PRN	$42.48M 2.19%	45.47M
IONS 0 04/01/26SOLE	NOTE 4/0	42M	PRN	$41.92M 2.16%	42M
UPWK 0 1/4 08/15/26SOLE	NOTE 0.250% 8/1	43.51M	PRN	$39.82M 2.05%	43.51M
SQ 0 05/01/26SOLE	NOTE 5/0	38.52M	PRN	$35.61M 1.83%	38.52M
VECO 2 7/8 06/01/29SOLE	NOTE 2.875% 6/0	25M	PRN	$34.00M 1.75%	25M
PEGA 0.75 03/01/25SOLE	NOTE 0.750% 3/0	34.50M	PRN	$33.82M 1.74%	34.50M

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