13F Portfolios

STEELHEAD PARTNERS LLC 13F: Quarter-over-Quarter Portfolio Changes

STEELHEAD PARTNERS LLC reported a disclosed portfolio value of approximately $1.4 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 0.8% quarter on quarter. Over the quarter, the fund initiated 4 new positions and exited 24 positions.

STEELHEAD PARTNERS LLC's top buy was a new stake in Uber Technologies INC (UNKNOWN) , equal to 89.5% of the disclosed portfolio. Its top sell was Bridgebio Pharma INC (BBIO 2.5 03/15/27) . The fund exited the position completely after it had accounted for 9.1% of the previous portfolio.

New PositionsQ2 2026

Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.

STEELHEAD PARTNERS LLC new positions in Q2 2026, representing first-time disclosed long equity stakes
CompanyTickerInitial Portfolio WeightHistory
UBER TECHNOLOGIES INCUNKNOWN89.5%History →
BRIDGEBIO PHARMA INCSYN_10806XAB88.9%Holders →
ADVANCED ENERGY INDSAEIS1.5%History →
NEOGENOMICS INCNEO0.1%History →

Full ExitsQ2 2026

Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.

STEELHEAD PARTNERS LLC full exits in Q2 2026
CompanyTickerLast-Reported Portfolio Weight
BRIDGEBIO PHARMA INCBBIO 2.5 03/15/279.1%
ON 0 05/01/27ON 0 05/01/279.1%
UBER TECHNOLOGIES INCUBER 0.875 12/01/28 20288.7%
AEIS 2 1/2 09/15/28AEIS 2.5 09/15/287.0%
AKAM 1 1/8 02/15/29AKAM 1.125 02/15/296.3%
LCI INDSLCII 3 03/01/306.0%
ALARM COM HLDGS INCALRM 2.25 06/01/296.0%
CLOUDFLARE INCNET 0 08/15/265.9%
ALNYLAM PHARMACEUTICALS INCALNY 1 09/15/275.5%
DEXCOM INCDXCM 0.375 05/15/285.5%
NUTANIX INCNTNX 0.25 10/01/274.8%
WORKIVA INCWK 1.25 08/15/283.9%
AKAMAI TECHNOLOGIES INCAKAM 0.375 09/01/273.3%
IRHYTHM HOLDINGS INCIRTC 1.5 09/01/292.9%
ITRI 1 3/8 07/15/30ITRI 1.375 07/15/302.5%
VARONIS SYS INCVRNS 1 09/15/292.5%
POST HLDGS INCPOST 2.5 08/15/272.3%
BILL HOLDINGS INCBILL 0 04/01/302.1%
BLACKLINE INCBL 1 06/01/291.9%
PENGUIN SOLUTIONS INCPENG 2 08/15/301.7%
HALOZYME THERAPEUTICS INCHALO 0.25 03/01/271.4%
LMAT 2 1/2 02/01/30LMAT 2.5 02/01/301.0%
FIVE9 INCFIVN 1 03/15/290.6%
VOYAGER TECHNOLOGIES INCVOYG0.1%
Latest

Net Portfolio Value ChangeQ2 2026

  • $1.4B
    Prior quarter
  • $1.4B
    Current quarter
  • +$0.0B
    Net delta
  • +0.8%
    % change

Methodology & FAQ

How STEELHEAD PARTNERS LLC Quarterly Changes Are Computed

All deltas are sourced from sequential SEC Form 13F-HR filings for STEELHEAD PARTNERS LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.

What stocks did STEELHEAD PARTNERS LLC buy in Q2 2026?

In Q2 2026, STEELHEAD PARTNERS LLC initiated 4 new positions (UBER TECHNOLOGIES INC (UNKNOWN), BRIDGEBIO PHARMA INC (SYN_10806XAB8), ADVANCED ENERGY INDS (AEIS), NEOGENOMICS INC (NEO)).

What stocks did STEELHEAD PARTNERS LLC sell in Q2 2026?

In Q2 2026, STEELHEAD PARTNERS LLC fully sold 24 positions (BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27), ON 0 05/01/27 (ON 0 05/01/27), UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028), AEIS 2 1/2 09/15/28 (AEIS 2.5 09/15/28), AKAM 1 1/8 02/15/29 (AKAM 1.125 02/15/29), LCI INDS (LCII 3 03/01/30), ALARM COM HLDGS INC (ALRM 2.25 06/01/29), CLOUDFLARE INC (NET 0 08/15/26), ALNYLAM PHARMACEUTICALS INC (ALNY 1 09/15/27), DEXCOM INC (DXCM 0.375 05/15/28), NUTANIX INC (NTNX 0.25 10/01/27), WORKIVA INC (WK 1.25 08/15/28), AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27), IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29), ITRI 1 3/8 07/15/30 (ITRI 1.375 07/15/30), VARONIS SYS INC (VRNS 1 09/15/29), POST HLDGS INC (POST 2.5 08/15/27), BILL HOLDINGS INC (BILL 0 04/01/30), BLACKLINE INC (BL 1 06/01/29), PENGUIN SOLUTIONS INC (PENG 2 08/15/30), HALOZYME THERAPEUTICS INC (HALO 0.25 03/01/27), LMAT 2 1/2 02/01/30 (LMAT 2.5 02/01/30), FIVE9 INC (FIVN 1 03/15/29), VOYAGER TECHNOLOGIES INC (VOYG)).

Which positions did STEELHEAD PARTNERS LLC initiate in Q2 2026?

STEELHEAD PARTNERS LLC established 4 new positions in Q2 2026: UBER TECHNOLOGIES INC (UNKNOWN, 89.5%), BRIDGEBIO PHARMA INC (SYN_10806XAB8, 8.9%), ADVANCED ENERGY INDS (AEIS, 1.5%), NEOGENOMICS INC (NEO, 0.1%).

Which existing positions saw the largest allocation increases for STEELHEAD PARTNERS LLC in Q2 2026?

STEELHEAD PARTNERS LLC reported no material allocation increases in existing positions in Q2 2026.

Which positions did STEELHEAD PARTNERS LLC fully exit in Q2 2026?

STEELHEAD PARTNERS LLC fully exited 24 positions in Q2 2026: BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27, last-reported weight 9.1%), ON 0 05/01/27 (ON 0 05/01/27, last-reported weight 9.1%), UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028, last-reported weight 8.7%), AEIS 2 1/2 09/15/28 (AEIS 2.5 09/15/28, last-reported weight 7.0%), AKAM 1 1/8 02/15/29 (AKAM 1.125 02/15/29, last-reported weight 6.3%), LCI INDS (LCII 3 03/01/30, last-reported weight 6.0%), ALARM COM HLDGS INC (ALRM 2.25 06/01/29, last-reported weight 6.0%), CLOUDFLARE INC (NET 0 08/15/26, last-reported weight 5.9%), ALNYLAM PHARMACEUTICALS INC (ALNY 1 09/15/27, last-reported weight 5.5%), DEXCOM INC (DXCM 0.375 05/15/28, last-reported weight 5.5%), NUTANIX INC (NTNX 0.25 10/01/27, last-reported weight 4.8%), WORKIVA INC (WK 1.25 08/15/28, last-reported weight 3.9%), AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27, last-reported weight 3.3%), IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29, last-reported weight 2.9%), ITRI 1 3/8 07/15/30 (ITRI 1.375 07/15/30, last-reported weight 2.5%), VARONIS SYS INC (VRNS 1 09/15/29, last-reported weight 2.5%), POST HLDGS INC (POST 2.5 08/15/27, last-reported weight 2.3%), BILL HOLDINGS INC (BILL 0 04/01/30, last-reported weight 2.1%), BLACKLINE INC (BL 1 06/01/29, last-reported weight 1.9%), PENGUIN SOLUTIONS INC (PENG 2 08/15/30, last-reported weight 1.7%), HALOZYME THERAPEUTICS INC (HALO 0.25 03/01/27, last-reported weight 1.4%), LMAT 2 1/2 02/01/30 (LMAT 2.5 02/01/30, last-reported weight 1.0%), FIVE9 INC (FIVN 1 03/15/29, last-reported weight 0.6%), VOYAGER TECHNOLOGIES INC (VOYG, last-reported weight 0.1%).

Which existing positions saw the largest allocation reductions for STEELHEAD PARTNERS LLC in Q2 2026?

STEELHEAD PARTNERS LLC reported no material allocation reductions in existing positions in Q2 2026.

Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?

No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.