Q1 2026 · 13F-HR
STEELHEAD PARTNERS LLCholdings as filed
Filed 2026-05-13 · accession 0001133521-26-000011
$1.39B
Reported value
24
Positions
2026-03-31
Period end
The Brief · STEELHEAD PARTNERS LLC · Q1 2026
AI · grounded in 13F
STEELHEAD PARTNERS LLC established a new position in [[stock:BBIO 2.5 03/15/27]] worth $126.6M. The fund also opened new positions in [[stock:LCII 3 03/01/30]] for $83.2M and [[stock:ALNY 1 09/15/27]] for $77.1M. On the sell side, the fund closed its positions in [[stock:JAZZ 2 06/15/26]] and [[stock:BOX 0 01/15/26]], reducing exposure by $69.6M and $62.7M respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 10806XAB8 | BBIO 2.5 03/15/27 | BBIO 2 1/2 03/15/27 | $126.6M | 9.10% | 70,000,000 | Common | SOLE |
| 682189AS4 | ON 0 05/01/27 | ON 0 05/01/27 | $126.1M | 9.06% | 97,703,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER 0 7/8 12/01/28 | $120.8M | 8.69% | 100,000,000 | Common | SOLE |
| 007973AE0 | AEIS 2.5 09/15/28 | AEIS 2 1/2 09/15/28 | $97.5M | 7.01% | 40,500,000 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAM 1 1/8 02/15/29 | $88.0M | 6.33% | 77,000,000 | Common | SOLE |
| 501812AD3 | LCII 3 03/01/30 | LCII 3 03/01/30 | $83.2M | 5.98% | 69,000,000 | Common | SOLE |
| 011642AD7 | ALRM 2.25 06/01/29 | ALRM 2 1/4 06/01/29 | $83.2M | 5.98% | 90,000,000 | Common | SOLE |
| 18915MAC1 | NET 0 08/15/26 | NET 0 08/15/26 | $82.2M | 5.91% | 70,000,000 | Common | SOLE |
| 02043QAB3 | ALNY 1 09/15/27 | ALNY 1 09/15/27 | $77.1M | 5.54% | 60,000,000 | Common | SOLE |
| 252131AM9 | DXCM 0.375 05/15/28 | DXCM 0 3/8 05/15/28 | $76.6M | 5.50% | 82,850,000 | Common | SOLE |
| 67059NAH1 | NTNX 0.25 10/01/27 | NTNX 0 1/4 10/01/27 | $66.4M | 4.77% | 65,000,000 | Common | SOLE |
| 98139AAD7 | WK 1.25 08/15/28 | WK 1 1/4 08/15/28 | $53.9M | 3.88% | 57,500,000 | Common | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAM 0 3/8 09/01/27 | $46.5M | 3.34% | 40,000,000 | Common | SOLE |
| 450056AB2 | IRTC 1.5 09/01/29 | IRTC 1 1/2 09/01/29 | $39.7M | 2.85% | 36,122,000 | Common | SOLE |
| 465741AQ9 | ITRI 1.375 07/15/30 | ITRI 1 3/8 07/15/30 | $35.4M | 2.54% | 35,000,000 | Common | SOLE |
| 922280AD4 | VRNS 1 09/15/29 | VRNS 1 09/15/29 | $34.9M | 2.51% | 40,000,000 | Common | SOLE |
| 737446AT1 | POST 2.5 08/15/27 | POST 2 1/2 08/15/27 | $31.6M | 2.27% | 29,214,000 | Common | SOLE |
| 090043AF7 | BILL 0 04/01/30 | BILL 0 04/01/30 | $29.9M | 2.15% | 33,500,000 | Common | SOLE |
| 09239BAF6 | BL 1 06/01/29 | BL 1 06/01/29 | $26.3M | 1.89% | 28,000,000 | Common | SOLE |
| 83205YAE4 | PENG 2 08/15/30 | PENG 2 08/15/30 | $23.1M | 1.66% | 23,000,000 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALO 0 1/4 03/01/27 | $19.8M | 1.43% | 19,053,000 | Common | SOLE |
| 525558AB8 | LMAT 2.5 02/01/30 | LMAT 2 1/2 02/01/30 | $13.5M | 0.97% | 12,000,000 | Common | SOLE |
| 338307AF8 | FIVN 1 03/15/29 | FIVN 1 03/15/29 | $7.8M | 0.56% | 9,000,000 | Common | SOLE |
| 92892B103 | VOYG | VOYAGER TECHNOLOGIES INC | $1.0M | 0.07% | 43,000 | 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.