Sea Cliff Partners Management, LP Diversified Active

CIK: 0002011655 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $237,261 (100.0% shares, 0.0% debt)

Holdings (13)

New Positions (3)

LTH LIFE TIME GROUP HOLDINGS INC 5.2%

Value ($000) $12,416 Shares 467,100 Est. Cost $26.03 Unrealized 0.0%

ITGR INTEGER HLDGS CORP 4.4%

Value ($000) $10,429 Shares 132,972 Est. Cost $79.69 Unrealized 0.0%

SGRY SURGERY PARTNERS INC 4.4%

Value ($000) $10,403 Shares 673,351 Est. Cost $18.38 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LTH	LIFE TIME GROUP HOLDINGS INC	467,100	$12,416	5.2%	$26.03	0.0%	COMMON STOCK	53190C102
ITGR	INTEGER HLDGS CORP	132,972	$10,429	4.4%	$79.69	0.0%	COM	45826H109
SGRY	SURGERY PARTNERS INC	673,351	$10,403	4.4%	$18.38	0.0%	COM	86881A100

Increased Positions (4)

JHX JAMES HARDIE INDS PLC 8.7%

Value ($000) $20,724 (+71.2%) Shares 998,770 (+58.5%) Est. Cost $22.51 Unrealized -10.9%

WCC WESCO INTL INC 9.9%

Value ($000) $23,485 (+34.6%) Shares 96,000 (+16.4%) Est. Cost $214.32 Unrealized +14.3%

GDDY GODADDY INC 7.3%

Value ($000) $17,239 (+20.0%) Shares 138,935 (+32.3%) Est. Cost $128.20 Unrealized +0.9%

UDMY UDEMY INC 7.9%

Value ($000) $18,683 (-10.4%) Shares 3,193,686 (+7.4%) Est. Cost $10.91 Unrealized -46.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JHX	JAMES HARDIE INDS PLC	998,770 (+58.5%)	$20,724 (+71.2%)	8.7%	$22.51	-10.9%	ORD SHS	G4253H101
WCC	WESCO INTL INC	96,000 (+16.4%)	$23,485 (+34.6%)	9.9%	$214.32	+14.3%	COM	95082P105
GDDY	GODADDY INC	138,935 (+32.3%)	$17,239 (+20.0%)	7.3%	$128.20	+0.9%	CL A	380237107
UDMY	UDEMY INC	3,193,686 (+7.4%)	$18,683 (-10.4%)	7.9%	$10.91	-46.5%	COM	902685106

Exited Positions (5)

CWAN CLEARWATER ANALYTICS HLDGS I 8.4%

Value ($000) $19,852 Shares 1,101,680 Est. Cost $21.74 Unrealized -7.9%

PTC PTC INC 7.5%

Value ($000) $17,801 Shares 87,680 Est. Cost $171.15 Unrealized +8.6%

CZR CAESARS ENTERTAINMENT INC NE 6.9%

Value ($000) $16,423 Shares 607,700 Est. Cost $32.15 Unrealized -30.1%

EVH EVOLENT HEALTH INC 5.2%

Value ($000) $12,410 Shares 1,466,867 Est. Cost $14.21 Unrealized -60.9%

MORN MORNINGSTAR INC 2.5%

Value ($000) $6,032 Shares 26,000 Est. Cost $293.76 Unrealized -26.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CWAN	CLEARWATER ANALYTICS HLDGS I	1,101,680	$19,852	8.4%	$21.74	-7.9%	—	185123106
PTC	PTC INC	87,680	$17,801	7.5%	$171.15	+8.6%	—	69370C100
CZR	CAESARS ENTERTAINMENT INC NE	607,700	$16,423	6.9%	$32.15	-30.1%	—	12769G100
EVH	EVOLENT HEALTH INC	1,466,867	$12,410	5.2%	$14.21	-60.9%	—	30050B101
MORN	MORNINGSTAR INC	26,000	$6,032	2.5%	$293.76	-26.3%	—	617700109

Decreased Positions (5)

CXM SPRINKLR INC 4.4%

Value ($000) $10,379 (-29.0%) Shares 1,334,112 (-29.5%) Est. Cost $8.07 Unrealized -5.7%

BTSG BRIGHTSPRING HEALTH SVCS INC 16.1%

Value ($000) $38,195 (+10.4%) Shares 1,019,887 (-12.8%) Est. Cost $14.91 Unrealized +124.9%

OKTA OKTA INC 7.2%

Value ($000) $17,035 (-13.4%) Shares 197,000 (-8.2%) Est. Cost $89.12 Unrealized -2.1%

CNM CORE & MAIN INC 6.0%

Value ($000) $14,172 (-5.0%) Shares 272,699 (-1.6%) Est. Cost $48.74 Unrealized +5.2%

PLNT PLANET FITNESS INC 9.4%

Value ($000) $22,236 (+2.0%) Shares 205,000 (-2.4%) Est. Cost $100.95 Unrealized +2.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CXM	SPRINKLR INC	1,334,112 (-29.5%)	$10,379 (-29.0%)	4.4%	$8.07	-5.7%	CL A	85208T107
BTSG	BRIGHTSPRING HEALTH SVCS INC	1,019,887 (-12.8%)	$38,195 (+10.4%)	16.1%	$14.91	+124.9%	COM	10950A106
OKTA	OKTA INC	197,000 (-8.2%)	$17,035 (-13.4%)	7.2%	$89.12	-2.1%	CL A	679295105
CNM	CORE & MAIN INC	272,699 (-1.6%)	$14,172 (-5.0%)	6.0%	$48.74	+5.2%	CL A	21874C102
PLNT	PLANET FITNESS INC	205,000 (-2.4%)	$22,236 (+2.0%)	9.4%	$100.95	+2.0%	CL A	72703H101

Unchanged Positions (1)

HXL HEXCEL CORP NEW 9.2%

Value ($000) $21,864 Shares 295,855 Est. Cost $65.68 Unrealized +7.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HXL	HEXCEL CORP NEW	295,855	$21,864	9.2%	$65.68	+7.6%	COM	428291108