Radcliffe Capital Management, L.P. Diversified Active

CIK: 0001218275 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $970,939 (0.6% shares, 99.4% debt)

Holdings (42)

— DigitalOcean Holdings Inc 16.9%

Value ($000) $163,885 Shares 176,235,000 Est. Cost $0.84 Unrealized —

— Teladoc Health Inc 9.5%

Value ($000) $92,074 Shares 93,004,000 Est. Cost $0.97 Unrealized —

— Teladoc Health Inc 8.6%

Value ($000) $83,356 Shares 91,000,000 Est. Cost $0.85 Unrealized —

— Nice Ltd 7.6%

Value ($000) $73,372 Shares 75,369,000 Est. Cost $0.97 Unrealized —

— New Mountain Finance Corporation 7.0%

Value ($000) $67,818 Shares 67,047,000 Est. Cost $1.02 Unrealized —

— Magnite Inc. 6.8%

Value ($000) $66,348 Shares 69,767,000 Est. Cost $0.86 Unrealized —

— Enphase Energy Inc 6.8%

Value ($000) $66,136 Shares 69,800,000 Est. Cost $0.95 Unrealized —

— Fiverr International Ltd 3.6%

Value ($000) $34,517 Shares 35,677,000 Est. Cost $0.93 Unrealized —

— Enphase Energy Inc 3.5%

Value ($000) $33,998 Shares 40,139,000 Est. Cost $0.84 Unrealized —

— Etsy Inc 3.3%

Value ($000) $32,243 Shares 38,000,000 Est. Cost $0.79 Unrealized —

— RingCentral Inc 3.1%

Value ($000) $30,203 Shares 31,730,000 Est. Cost $0.93 Unrealized —

— Bandwidth Inc 2.5%

Value ($000) $23,830 Shares 29,650,000 Est. Cost $0.80 Unrealized —

— Affirm Holdings Inc 2.4%

Value ($000) $23,742 Shares 25,822,000 Est. Cost $0.90 Unrealized —

— Five9 Inc 2.3%

Value ($000) $22,081 Shares 22,329,000 Est. Cost $0.97 Unrealized —

— Repay Holdings Corp 2.2%

Value ($000) $21,035 Shares 22,026,000 Est. Cost $0.94 Unrealized —

— Cable One Inc 1.8%

Value ($000) $17,303 Shares 18,262,000 Est. Cost $0.95 Unrealized —

— Unity Software Inc 1.8%

Value ($000) $17,076 Shares 18,461,000 Est. Cost $0.88 Unrealized —

— Upwork Inc 1.5%

Value ($000) $14,528 Shares 15,600,000 Est. Cost $0.92 Unrealized —

— Pacira Biosciences Inc. 1.3%

Value ($000) $12,777 Shares 12,988,000 Est. Cost $0.96 Unrealized —

— Etsy Inc 1.0%

Value ($000) $10,179 Shares 11,600,000 Est. Cost $0.85 Unrealized —

— Datadog Inc 0.8%

Value ($000) $7,830 Shares 7,000,000 Est. Cost $1.12 Unrealized —

— Lyft Inc 0.7%

Value ($000) $6,835 Shares 6,868,000 Est. Cost $0.98 Unrealized —

— Alarm.com Holdings Inc 0.7%

Value ($000) $6,689 Shares 7,000,000 Est. Cost $0.94 Unrealized —

— Zscaler Inc 0.7%

Value ($000) $6,615 Shares 5,000,000 Est. Cost $1.19 Unrealized —

— BlackLine Inc 0.5%

Value ($000) $5,260 Shares 5,500,000 Est. Cost $0.90 Unrealized —

— MICROSTRATEGY INC 0.5%

Value ($000) $5,073 Shares 2,500,000 Est. Cost $2.03 Unrealized —

— Dropbox Inc 0.5%

Value ($000) $4,920 Shares 5,000,000 Est. Cost $0.96 Unrealized —

— AKAMAI TECHNOLOGIES INC 0.5%

Value ($000) $4,868 Shares 5,000,000 Est. Cost $0.97 Unrealized —

— Omnicell Inc 0.4%

Value ($000) $3,430 Shares 3,520,000 Est. Cost $0.97 Unrealized —

— Coinbase Global Inc 0.3%

Value ($000) $2,774 Shares 3,000,000 Est. Cost $0.92 Unrealized —

— Airbnb Inc 0.2%

Value ($000) $2,386 Shares 2,500,000 Est. Cost $0.94 Unrealized —

KDK Ares Acquisition Corp II 0.2%

Value ($000) $2,230 Shares 200,000 Est. Cost $10.21 Unrealized —

— BILL Holdings Inc 0.2%

Value ($000) $2,080 Shares 2,302,000 Est. Cost $0.86 Unrealized —

— GSR III Acquisition Corp 0.2%

Value ($000) $1,741 Shares 173,900 Est. Cost $9.89 Unrealized —

MGNI Magnite Inc. 0.1%

Value ($000) $571 Shares 50,000 Est. Cost $15.94 Unrealized 0.0%

HYAC Haymaker Acquisition Corp 4 0.0%

Value ($000) $416 Shares 37,821 Est. Cost $10.18 Unrealized +6.7%

— Bitcoin Depot Inc 0.0%

Value ($000) $400 Shares 264,620 Est. Cost $16.43 Unrealized -38.3%

VCIC Vine Hill Capital Investment Corp 0.0%

Value ($000) $293 Shares 28,896 Est. Cost $10.00 Unrealized +1.0%

KDKRW Ares Acquisition Corp II 0.0%

Value ($000) $15 Shares 52,042 Est. Cost $0.26 Unrealized —

— AA Mission Acquisition Corp 0.0%

Value ($000) $6 Shares 87,238 Est. Cost $0.05 Unrealized —

VCICW Vine Hill Capital Investment Corp 0.0%

Value ($000) $5 Shares 14,448 Est. Cost $0.16 Unrealized —

ALCYW Alchemy Investments Acquisition Corp 1 0.0%

Value ($000) $5 Shares 30,000 Est. Cost $0.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	DigitalOcean Holdings Inc	176,235,000	$163,885	16.9%	$0.84	—	Conv	25402DAB8
—	Teladoc Health Inc	93,004,000	$92,074	9.5%	$0.97	—	Conv	539183AA1
—	Teladoc Health Inc	91,000,000	$83,356	8.6%	$0.85	—	Conv	87918AAF2
—	Nice Ltd	75,369,000	$73,372	7.6%	$0.97	—	Conv	653656AB4
—	New Mountain Finance Corporation	67,047,000	$67,818	7.0%	$1.02	—	Conv	647551AE0
—	Magnite Inc.	69,767,000	$66,348	6.8%	$0.86	—	Conv	55955DAB6
—	Enphase Energy Inc	69,800,000	$66,136	6.8%	$0.95	—	Conv	29355AAH0
—	Fiverr International Ltd	35,677,000	$34,517	3.6%	$0.93	—	Conv	33835LAA3
—	Enphase Energy Inc	40,139,000	$33,998	3.5%	$0.84	—	Conv	29355AAK3
—	Etsy Inc	38,000,000	$32,243	3.3%	$0.79	—	Conv	29786AAN6
—	RingCentral Inc	31,730,000	$30,203	3.1%	$0.93	—	Conv	76680RAH0
—	Bandwidth Inc	29,650,000	$23,830	2.5%	$0.80	—	Conv	05988JAD5
—	Affirm Holdings Inc	25,822,000	$23,742	2.4%	$0.90	—	Conv	00827BAB2
—	Five9 Inc	22,329,000	$22,081	2.3%	$0.97	—	Conv	338307AD3
—	Repay Holdings Corp	22,026,000	$21,035	2.2%	$0.94	—	Conv	76029LAB6
—	Cable One Inc	18,262,000	$17,303	1.8%	$0.95	—	Conv	12685JAE5
—	Unity Software Inc	18,461,000	$17,076	1.8%	$0.88	—	Conv	91332UAB7
—	Upwork Inc	15,600,000	$14,528	1.5%	$0.92	—	Conv	91688FAB0
—	Pacira Biosciences Inc.	12,988,000	$12,777	1.3%	$0.96	—	Conv	695127AF7
—	Etsy Inc	11,600,000	$10,179	1.0%	$0.85	—	Conv	29786AAL0
—	Datadog Inc	7,000,000	$7,830	0.8%	$1.12	—	Conv	23804LAB9
—	Lyft Inc	6,868,000	$6,835	0.7%	$0.98	—	Conv	55087PAB0
—	Alarm.com Holdings Inc	7,000,000	$6,689	0.7%	$0.94	—	Conv	011642AB1
—	Zscaler Inc	5,000,000	$6,615	0.7%	$1.19	—	Conv	98980GAB8
—	BlackLine Inc	5,500,000	$5,260	0.5%	$0.90	—	Conv	09239BAD1
—	MICROSTRATEGY INC	2,500,000	$5,073	0.5%	$2.03	—	Conv	594972AJ0
—	Dropbox Inc	5,000,000	$4,920	0.5%	$0.96	—	Conv	26210CAD6
—	AKAMAI TECHNOLOGIES INC	5,000,000	$4,868	0.5%	$0.97	—	Conv	00971TAL5
—	Omnicell Inc	3,520,000	$3,430	0.4%	$0.97	—	Conv	68213NAD1
—	Coinbase Global Inc	3,000,000	$2,774	0.3%	$0.92	—	Conv	19260QAF4
—	Airbnb Inc	2,500,000	$2,386	0.2%	$0.94	—	Conv	009066AB7
KDK	Ares Acquisition Corp II	200,000	$2,230	0.2%	$10.21	—	Common Stock	G33033104
—	BILL Holdings Inc	2,302,000	$2,080	0.2%	$0.86	—	Conv	090043AD2
—	GSR III Acquisition Corp	173,900	$1,741	0.2%	$9.89	—	Common Stock	G4R103107
MGNI	Magnite Inc.	50,000	$571	0.1%	$15.94	0.0%	Common Stock	55955D100
HYAC	Haymaker Acquisition Corp 4	37,821	$416	0.0%	$10.18	+6.7%	Common Stock	G4375F108
—	Bitcoin Depot Inc	264,620	$400	0.0%	$16.43	-38.3%	Common Stock	09174P105
VCIC	Vine Hill Capital Investment Corp	28,896	$293	0.0%	$10.00	+1.0%	Common Stock	G93Y09107
KDKRW	Ares Acquisition Corp II	52,042	$15	0.0%	$0.26	—	Warrant	G33033120
—	AA Mission Acquisition Corp	87,238	$6	0.0%	$0.05	—	Warrant	G1000R127
VCICW	Vine Hill Capital Investment Corp	14,448	$5	0.0%	$0.16	—	Warrant	G93Y09115
ALCYW	Alchemy Investments Acquisition Corp 1	30,000	$5	0.0%	$0.18	—	Warrant	G0232F133