Q3 2025 · 13F-HR
STEELHEAD PARTNERS LLCholdings as filed
Filed 2025-11-14 · accession 0001133521-25-000013
$1.67B
Reported value
30
Positions
2025-09-30
Period end
The Brief · STEELHEAD PARTNERS LLC · Q3 2025
AI · grounded in 13F
STEELHEAD PARTNERS LLC established a new position in [[stock:HALO 0.25 03/01/27]] valued at $127.98M. The fund also added new positions in [[stock:ITRI 0 03/15/26]] for $100.67M and [[stock:AEIS 2.5 09/15/28]] for $89.7M. Other new entries include [[stock:UBER 0 12/15/25]] at $81.57M and [[stock:BL 1 06/01/29]] at $79.99M. Total assets under management stand at $1.67B across 30 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 40637HAD1 | HALO 0.25 03/01/27 | HALO 0 1/4 03/01/27 | $128.0M | 7.68% | 111,500,000 | Common | SOLE |
| 465741AN6 | ITRI 0 03/15/26 | ITRI 0 03/15/26 | $100.7M | 6.04% | 95,000,000 | Common | SOLE |
| 007973AE0 | AEIS 2.5 09/15/28 | AEIS 2 1/2 09/15/28 | $89.7M | 5.39% | 64,735,000 | Common | SOLE |
| 90353TAJ9 | UBER 0 12/15/25 | UBER 0 12/15/25 | $81.6M | 4.90% | 66,847,000 | Common | SOLE |
| 09239BAF6 | BL 1 06/01/29 | BL 1 06/01/29 | $80.0M | 4.80% | 77,000,000 | Common | SOLE |
| 011642AD7 | ALRM 2.25 06/01/29 | ALRM 2 1/4 06/01/29 | $76.9M | 4.62% | 80,000,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER 0 7/8 12/01/28 | $76.5M | 4.60% | 52,000,000 | Common | SOLE |
| 252131AM9 | DXCM 0.375 05/15/28 | DXCM 0 3/8 05/15/28 | $75.6M | 4.54% | 82,850,000 | Common | SOLE |
| 84921RAB6 | SPOT 0 03/15/26 | SPOT 0 03/15/26 | $72.6M | 4.36% | 53,000,000 | Common | SOLE |
| 81141RAG5 | SEALTD 0.25 09/15/26 | SEALTD 0 1/4 09/15/26 | $67.3M | 4.04% | 70,000,000 | Common | SOLE |
| 10316TAB0 | BOX 0 01/15/26 | BOX 0 01/15/26 | $66.9M | 4.02% | 53,609,000 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAM 1 1/8 02/15/29 | $65.9M | 3.95% | 70,000,000 | Common | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAM 0 3/8 09/01/27 | $62.3M | 3.74% | 65,000,000 | Common | SOLE |
| 18915MAC1 | NET 0 08/15/26 | NET 0 08/15/26 | $62.1M | 3.73% | 50,000,000 | Common | SOLE |
| 472145AF8 | JAZZ 2 06/15/26 | JAZZ 2 06/15/26 | $55.8M | 3.35% | 52,500,000 | Common | SOLE |
| 26210CAC8 | DBX 0 03/01/26 | DBX 0 03/01/26 | $49.5M | 2.97% | 50,000,000 | Common | SOLE |
| 682189AS4 | ON 0 05/01/27 | ON 0 05/01/27 | $48.4M | 2.91% | 42,500,000 | Common | SOLE |
| 20717MAB9 | CFLT 0 01/15/27 | CFLT 0 01/15/27 | $47.3M | 2.84% | 50,000,000 | Common | SOLE |
| 896945AD4 | TRIP 0.25 04/01/26 | TRIP 0 1/4 04/01/26 | $46.8M | 2.81% | 47,901,000 | Common | SOLE |
| 682189AU9 | ON 0.5 03/01/29 | ON 0 1/2 03/01/29 | $38.5M | 2.31% | 41,500,000 | Common | SOLE |
| 465741AQ9 | ITRI 1.375 07/15/30 | ITRI 1 3/8 07/15/30 | $37.9M | 2.28% | 33,000,000 | Common | SOLE |
| 922280AD4 | VRNS 1 09/15/29 | VRNS 1 09/15/29 | $37.9M | 2.28% | 35,000,000 | Common | SOLE |
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY 0 1/4 06/15/28 | $37.3M | 2.24% | 42,000,000 | Common | SOLE |
| 83205YAE4 | PENG 2 08/15/30 | SGH 2 08/15/30 | $35.8M | 2.15% | 30,000,000 | Common | SOLE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BBIO 2 1/4 02/01/29 | $29.7M | 1.78% | 30,000,000 | Common | SOLE |
| 29355AAK3 | ENPH 0 03/01/28 | ENPH 0 03/01/28 | $26.0M | 1.56% | 30,000,000 | Common | SOLE |
| 743312AB6 | PRGS 1 04/15/26 | PRGS 1 04/15/26 | $25.0M | 1.50% | 25,000,000 | Common | SOLE |
| 91688FAB0 | UPWK 0.25 08/15/26 | UPWK 0 1/4 08/15/26 | $22.8M | 1.37% | 23,500,000 | Common | SOLE |
| 338307AF8 | FIVN 1 03/15/29 | FIVN 1 03/15/29 | $20.8M | 1.25% | 23,500,000 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HOLDINGS INC | $46,056 | 0.00% | 6,773 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.