AI Portfolio Summary
In 2025 Q4, STEELHEAD PARTNERS LLC maintained a portfolio of 34 distinct positions. The most significant new addition to the portfolio was NUTANIX INC, which now represents 5.41% of the total fund value. Conversely, STEELHEAD PARTNERS LLC completely exited their position in HALO 0 1/4 03/01/27.
Total Positions
34
Quarter
2025 Q4
Top Holding
N/A (8.8%)
Top 10 Concentration
61.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 34
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
N/A
ON SEMICONDUCTO...
|
—
|
Bond/Debt | 8.83% | 2.91% |
#1
16
Prev: #17
|
8.5 | 57,500,000 | 135.3% |
P
S
|
100,000,000 | $119,543,900 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CLOUDFLARE INC
|
—
|
Bond/Debt | 7.28% | 3.73% |
#2
12
Prev: #14
|
7.4 | 34,000,000 | 68.0% |
P
S
|
84,000,000 | $98,516,460 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
AKAMAI TECHNOLO...
|
—
|
Bond/Debt | 6.40% | 3.95% |
#3
9
Prev: #12
|
6.1 | 17,500,000 | 25.0% |
P
S
|
87,500,000 | $86,613,800 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ALARM COM HLDGS...
|
—
|
Bond/Debt | 6.34% | 4.62% |
#4
2
Prev: #6
|
5.0 | 10,000,000 | 12.5% |
P
S
|
90,000,000 | $85,876,200 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
BLACKLINE INC
|
—
|
Bond/Debt | 6.02% | 4.80% |
#5
Prev: #5
|
3.9 | no change | no change |
P
S
|
77,000,000 | $81,562,250 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
DEXCOM INC
|
—
|
Bond/Debt | 5.64% | 4.54% |
#6
2
Prev: #8
|
3.3 | no change | no change |
P
S
|
82,850,000 | $76,389,771 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
NUTANIX INC
|
—
|
Bond/Debt | 5.41% | — |
#7
Prev: #—
|
5.7 | 65,000,000 | no change |
NEW
|
65,000,000 | $73,183,695 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
UBER TECHNOLOGI...
|
—
|
Bond/Debt | 5.28% | 4.60% |
#8
1
Prev: #7
|
4.1 | 3,000,000 | 5.8% |
P
S
|
55,000,000 | $71,501,815 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
JAZZ INVESTMENT...
|
—
|
Bond/Debt | 5.14% | 3.35% |
#9
6
Prev: #15
|
4.1 | 7,500,000 | 14.3% |
P
S
|
60,000,000 | $69,600,660 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
AKAMAI TECHNOLO...
|
—
|
Bond/Debt | 5.07% | 3.74% |
#10
3
Prev: #13
|
2.5 | 3,150,000 | 4.8% |
P
S
|
68,150,000 | $68,611,784 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
BILL HOLDINGS I...
|
—
|
Bond/Debt | 4.97% | — |
#11
Prev: #—
|
5.5 | 73,000,000 | no change |
NEW
|
73,000,000 | $67,251,250 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ADVANCED ENERGY...
|
—
|
Bond/Debt | 4.85% | 5.39% |
#12
9
Prev: #3
|
1.9 | -24,735,000 | -38.2% |
P
S
|
40,000,000 | $65,645,040 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
BOX INC
|
—
|
Bond/Debt | 4.63% | 4.02% |
#13
2
Prev: #11
|
2.9 | no change | no change |
P
S
|
53,609,000 | $62,655,519 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CONFLUENT INC
|
—
|
Bond/Debt | 4.39% | 2.84% |
#14
4
Prev: #18
|
4.3 | 11,040,000 | 22.1% |
P
S
|
61,040,000 | $59,460,651 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
TRIPADVISOR INC
|
—
|
Bond/Debt | 3.49% | 2.81% |
#15
4
Prev: #19
|
2.4 | no change | no change |
P
S
|
47,901,000 | $47,227,129 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
SEA LTD
|
—
|
Bond/Debt | 3.23% | 4.04% |
#16
6
Prev: #10
|
1.3 | -25,000,000 | -35.7% |
P
S
|
45,000,000 | $43,706,250 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ITRON INC
|
—
|
Bond/Debt | 3.00% | 2.28% |
#17
4
Prev: #21
|
3.7 | 7,000,000 | 21.2% |
P
S
|
40,000,000 | $40,545,080 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PENGUIN SOLUTIO...
|
—
|
Bond/Debt | 2.27% | 2.15% |
#18
6
Prev: #24
|
1.9 | no change | no change |
P
S
|
30,000,000 | $30,749,460 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ETSY INC
|
—
|
Bond/Debt | 2.26% | 2.24% |
#19
4
Prev: #23
|
1.4 | -7,800,000 | -18.6% |
P
S
|
34,200,000 | $30,587,420 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PROGRESS SOFTWA...
|
—
|
Bond/Debt | 1.84% | 1.50% |
#20
7
Prev: #27
|
1.7 | no change | no change |
P
S
|
25,000,000 | $24,888,425 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
FIVE9 INC
|
—
|
Bond/Debt | 1.67% | 1.25% |
#21
8
Prev: #29
|
2.7 | 1,500,000 | 6.4% |
P
S
|
25,000,000 | $22,554,850 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
VARONIS SYS INC
|
—
|
Bond/Debt | 1.03% | 2.28% |
#22
Prev: #22
|
0.4 | -20,000,000 | -57.1% |
P
S
|
15,000,000 | $13,963,950 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
LEMAITRE VASCUL...
|
—
|
Bond/Debt | 0.88% | — |
#23
Prev: #—
|
3.9 | 12,000,000 | no change |
NEW
|
12,000,000 | $11,976,660 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
VOYG
VOYAGER TECHNOL...
|
Industrials | 0.08% | — |
#24
Prev: #—
|
3.5 | 43,000 | no change |
NEW
|
43,000 | $1,124,020 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
HALO 0 1/4 03/0...
|
—
|
Bond/Debt | 0.00% | 7.68% |
Sold All 😨
(Was: #1) |
0.0 | -111,500,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ITRI 0 03/15/26
|
—
|
Bond/Debt | 0.00% | 6.04% |
Sold All 😨
(Was: #2) |
0.0 | -95,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
UBER 0 12/15/25
|
—
|
Bond/Debt | 0.00% | 4.90% |
Sold All 😨
(Was: #4) |
0.0 | -66,847,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
SPOT 0 03/15/26
|
—
|
Bond/Debt | 0.00% | 4.36% |
Sold All 😨
(Was: #9) |
0.0 | -53,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
DBX 0 03/01/26
|
—
|
Bond/Debt | 0.00% | 2.97% |
Sold All 😨
(Was: #16) |
0.0 | -50,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ON 0 1/2 03/01/...
|
—
|
Bond/Debt | 0.00% | 2.31% |
Sold All 😨
(Was: #20) |
0.0 | -41,500,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
BBIO 2 1/4 02/0...
|
—
|
Bond/Debt | 0.00% | 1.78% |
Sold All 😨
(Was: #25) |
0.0 | -30,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
ENPH 0 03/01/28
|
—
|
Bond/Debt | 0.00% | 1.56% |
Sold All 😨
(Was: #26) |
0.0 | -30,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
UPWK 0 1/4 08/1...
|
—
|
Bond/Debt | 0.00% | 1.37% |
Sold All 😨
(Was: #28) |
0.0 | -23,500,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
HTZ
HERTZ GLOBAL HO...
|
Industrials | 0.00% | 0.00% |
Sold All 😨
(Was: #30) |
0.0 | -6,773 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 34 holdings