STEELHEAD PARTNERS LLC Diversified Active

CIK: 0001133521 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $1,665,674 (0.0% shares, 100.0% debt)

Holdings (30)

— HALO 0 1/4 03/01/27 7.7%

Value ($000) $127,976 Shares 111,500,000 Est. Cost $1.06 Unrealized —

— ITRI 0 03/15/26 6.0%

Value ($000) $100,674 Shares 95,000,000 Est. Cost $1.03 Unrealized —

— AEIS 2 1/2 09/15/28 5.4%

Value ($000) $89,702 Shares 64,735,000 Est. Cost $1.05 Unrealized —

— UBER 0 12/15/25 4.9%

Value ($000) $81,568 Shares 66,847,000 Est. Cost $1.10 Unrealized —

— BL 1 06/01/29 4.8%

Value ($000) $79,993 Shares 77,000,000 Est. Cost $1.06 Unrealized —

— ALRM 2 1/4 06/01/29 4.6%

Value ($000) $76,913 Shares 80,000,000 Est. Cost $0.97 Unrealized —

— UBER 0 7/8 12/01/28 4.6%

Value ($000) $76,538 Shares 52,000,000 Est. Cost $1.12 Unrealized —

— DXCM 0 3/8 05/15/28 4.5%

Value ($000) $75,596 Shares 82,850,000 Est. Cost $0.92 Unrealized —

— SPOT 0 03/15/26 4.4%

Value ($000) $72,606 Shares 53,000,000 Est. Cost $0.89 Unrealized —

— SEALTD 0 1/4 09/15/26 4.0%

Value ($000) $67,326 Shares 70,000,000 Est. Cost $0.79 Unrealized —

— BOX 0 01/15/26 4.0%

Value ($000) $66,947 Shares 53,609,000 Est. Cost $1.21 Unrealized —

— AKAM 1 1/8 02/15/29 4.0%

Value ($000) $65,863 Shares 70,000,000 Est. Cost $0.95 Unrealized —

— AKAM 0 3/8 09/01/27 3.7%

Value ($000) $62,342 Shares 65,000,000 Est. Cost $0.99 Unrealized —

— NET 0 08/15/26 3.7%

Value ($000) $62,110 Shares 50,000,000 Est. Cost $0.86 Unrealized —

— JAZZ 2 06/15/26 3.3%

Value ($000) $55,767 Shares 52,500,000 Est. Cost $1.01 Unrealized —

— DBX 0 03/01/26 3.0%

Value ($000) $49,460 Shares 50,000,000 Est. Cost $0.99 Unrealized —

— ON 0 05/01/27 2.9%

Value ($000) $48,432 Shares 42,500,000 Est. Cost $1.14 Unrealized —

— CFLT 0 01/15/27 2.8%

Value ($000) $47,256 Shares 50,000,000 Est. Cost $0.81 Unrealized —

— TRIP 0 1/4 04/01/26 2.8%

Value ($000) $46,778 Shares 47,901,000 Est. Cost $0.87 Unrealized —

— ON 0 1/2 03/01/29 2.3%

Value ($000) $38,546 Shares 41,500,000 Est. Cost $0.93 Unrealized —

— ITRI 1 3/8 07/15/30 2.3%

Value ($000) $37,944 Shares 33,000,000 Est. Cost $1.19 Unrealized —

— VRNS 1 09/15/29 2.3%

Value ($000) $37,903 Shares 35,000,000 Est. Cost $1.08 Unrealized —

— ETSY 0 1/4 06/15/28 2.2%

Value ($000) $37,349 Shares 42,000,000 Est. Cost $0.80 Unrealized —

— SGH 2 08/15/30 2.1%

Value ($000) $35,767 Shares 30,000,000 Est. Cost $1.19 Unrealized —

— BBIO 2 1/4 02/01/29 1.8%

Value ($000) $29,650 Shares 30,000,000 Est. Cost $0.96 Unrealized —

— ENPH 0 03/01/28 1.6%

Value ($000) $26,004 Shares 30,000,000 Est. Cost $0.84 Unrealized —

— PRGS 1 04/15/26 1.5%

Value ($000) $25,000 Shares 25,000,000 Est. Cost $1.09 Unrealized —

— UPWK 0 1/4 08/15/26 1.4%

Value ($000) $22,810 Shares 23,500,000 Est. Cost $0.79 Unrealized —

— FIVN 1 03/15/29 1.2%

Value ($000) $20,809 Shares 23,500,000 Est. Cost $0.88 Unrealized —

HTZ HERTZ GLOBAL HOLDINGS INC 0.0%

Value ($000) $46 Shares 6,773 Est. Cost $6.42 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	HALO 0 1/4 03/01/27	111,500,000	$127,976	7.7%	$1.06	—	NOTE 0.250% 3/0	40637HAD1
—	ITRI 0 03/15/26	95,000,000	$100,674	6.0%	$1.03	—	NOTE 3/1	465741AN6
—	AEIS 2 1/2 09/15/28	64,735,000	$89,702	5.4%	$1.05	—	NOTE 2.500% 9/1	007973AE0
—	UBER 0 12/15/25	66,847,000	$81,568	4.9%	$1.10	—	NOTE 12/1	90353TAJ9
—	BL 1 06/01/29	77,000,000	$79,993	4.8%	$1.06	—	NOTE 1.000% 6/0	09239BAF6
—	ALRM 2 1/4 06/01/29	80,000,000	$76,913	4.6%	$0.97	—	NOTE 2.250% 6/0	011642AD7
—	UBER 0 7/8 12/01/28	52,000,000	$76,538	4.6%	$1.12	—	NOTE 0.875%12/0	90353TAM2
—	DXCM 0 3/8 05/15/28	82,850,000	$75,596	4.5%	$0.92	—	NOTE 0.375% 5/1	252131AM9
—	SPOT 0 03/15/26	53,000,000	$72,606	4.4%	$0.89	—	NOTE 3/1	84921RAB6
—	SEALTD 0 1/4 09/15/26	70,000,000	$67,326	4.0%	$0.79	—	NOTE 0.250% 9/1	81141RAG5
—	BOX 0 01/15/26	53,609,000	$66,947	4.0%	$1.21	—	NOTE 1/1	10316TAB0
—	AKAM 1 1/8 02/15/29	70,000,000	$65,863	4.0%	$0.95	—	NOTE 1.125% 2/1	00971TAN1
—	AKAM 0 3/8 09/01/27	65,000,000	$62,342	3.7%	$0.99	—	NOTE 0.375% 9/0	00971TAL5
—	NET 0 08/15/26	50,000,000	$62,110	3.7%	$0.86	—	NOTE 8/1	18915MAC1
—	JAZZ 2 06/15/26	52,500,000	$55,767	3.3%	$1.01	—	NOTE 2.000% 6/1	472145AF8
—	DBX 0 03/01/26	50,000,000	$49,460	3.0%	$0.99	—	NOTE 3/0	26210CAC8
—	ON 0 05/01/27	42,500,000	$48,432	2.9%	$1.14	—	NOTE 5/0	682189AS4
—	CFLT 0 01/15/27	50,000,000	$47,256	2.8%	$0.81	—	NOTE 1/1	20717MAB9
—	TRIP 0 1/4 04/01/26	47,901,000	$46,778	2.8%	$0.87	—	NOTE 0.250% 4/0	896945AD4
—	ON 0 1/2 03/01/29	41,500,000	$38,546	2.3%	$0.93	—	NOTE 0.500% 3/0	682189AU9
—	ITRI 1 3/8 07/15/30	33,000,000	$37,944	2.3%	$1.19	—	NOTE 1.375% 7/1	465741AQ9
—	VRNS 1 09/15/29	35,000,000	$37,903	2.3%	$1.08	—	NOTE 1.000% 9/1	922280AD4
—	ETSY 0 1/4 06/15/28	42,000,000	$37,349	2.2%	$0.80	—	NOTE 0.250% 6/1	29786AAN6
—	SGH 2 08/15/30	30,000,000	$35,767	2.1%	$1.19	—	NOTE 2.000% 8/1	83205YAE4
—	BBIO 2 1/4 02/01/29	30,000,000	$29,650	1.8%	$0.96	—	NOTE 2.250% 2/0	10806XAD4
—	ENPH 0 03/01/28	30,000,000	$26,004	1.6%	$0.84	—	NOTE 3/0	29355AAK3
—	PRGS 1 04/15/26	25,000,000	$25,000	1.5%	$1.09	—	NOTE 1.000% 4/1	743312AB6
—	UPWK 0 1/4 08/15/26	23,500,000	$22,810	1.4%	$0.79	—	NOTE 0.250% 8/1	91688FAB0
—	FIVN 1 03/15/29	23,500,000	$20,809	1.2%	$0.88	—	NOTE 1.000% 3/1	338307AF8
HTZ	HERTZ GLOBAL HOLDINGS INC	6,773	$46	0.0%	$6.42	0.0%	COM NEW	42806J700