Radcliffe Capital Management, L.P. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Radcliffe Capital Management, L.P. disclosed 309 US equity positions worth $1.8bn in its Q4 2025 13F filing. The largest position was Enphase Energy Inc at 8.1% of the reported book, followed by Marriott Vacations Worldwide Corp and TDOC. Against the Q3 2025 filing, it opened 11 new positions, added to 30 and reduced 1 among the top 50 holdings.
What did Radcliffe Capital Management, L.P. own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | Enphase Energy Inc | 8.1% | $148.1m | 149,750,000 | 5% | added | |
| 2 | Marriott Vacations Worldwide Corp | 6.2% | $113.4m | 113,786,000 | 98% | added | |
| 3 | TDOC Teladoc Health Inc | 6.0% | $110.0m | 115,750,000 | 0% | held | |
| 4 | RNG RingCentral Inc | 4.4% | $80.2m | 81,222,000 | 19% | added | |
| 5 | CALY Callaway Golf Company | 4.2% | $76.9m | 77,410,000 | – | new | |
| 6 | Magnite Inc. | 4.1% | $75.8m | 76,767,000 | 3% | added | |
| 7 | Cable One Inc | 4.0% | $74.1m | 75,188,000 | 119% | added | |
| 8 | ALRM Alarm.com Holdings Inc | 3.1% | $57.3m | 57,420,000 | 158% | added | |
| 9 | Bentley Systems Inc | 2.6% | $48.6m | 48,716,000 | – | new | |
| 10 | Bandwidth Inc | 2.6% | $48.5m | 55,900,000 | 12% | added | |
| 11 | Enphase Energy Inc | 2.4% | $43.2m | 49,639,000 | 16% | added | |
| 12 | ETSY Etsy Inc | 1.8% | $33.9m | 38,000,000 | 0% | held | |
| 13 | MTN Vail Resorts Inc | 1.8% | $33.7m | 33,692,000 | 237% | added | |
| 14 | DexCom Inc. | 1.3% | $23.9m | 26,000,000 | 420% | added | |
| 15 | Gladstone Capital Corp | 1.1% | $20.9m | 21,400,000 | 19% | added | |
| 16 | Five9 Inc | 1.1% | $19.3m | 21,500,000 | 187% | added | |
| 17 | U Unity Software Inc | 0.9% | $16.6m | 17,181,000 | -7% | reduced | |
| 18 | ARRY Array Technologies Inc | 0.9% | $16.3m | 18,000,000 | 16% | added | |
| 19 | FuboTV Inc | 0.6% | $11.7m | 11,737,000 | 0% | held | |
| 20 | BL BlackLine Inc | 0.6% | $10.6m | 10,692,000 | 0% | held | |
| 21 | EQV Ventures Acquisition Corp II | 0.5% | $9.1m | 910,862 | 6% | added | |
| 22 | Marriott Vacations Worldwide Corp | 0.5% | $8.6m | 9,000,000 | – | new | |
| 23 | Airbnb Inc | 0.4% | $7.9m | 7,964,000 | 2% | added | |
| 24 | Meshflow Acquisition Corp | 0.4% | $7.5m | 749,400 | – | new | |
| 25 | SNOW Snowflake Inc | 0.4% | $7.4m | 5,000,000 | 0% | held | |
| 26 | Evolution Global Acquisition Corp | 0.4% | $7.1m | 720,988 | – | new | |
| 27 | HCM III Acquisition Corp | 0.4% | $7.0m | 700,000 | 22% | added | |
| 28 | Siddhi Acquisition Corp | 0.4% | $7.0m | 683,370 | 24% | added | |
| 29 | CSLM Digital Asset Acquisition Corp III Ltd | 0.4% | $7.0m | 701,739 | 51% | added | |
| 30 | Wen Acquisition Corp | 0.4% | $7.0m | 691,263 | 62% | added | |
| 31 | Jackson Acquisition Co II | 0.4% | $6.9m | 662,430 | 29% | added | |
| 32 | BILL Holdings Inc | 0.4% | $6.9m | 7,302,000 | 0% | held | |
| 33 | Artius II Acquisition Inc | 0.4% | $6.9m | 667,119 | 3% | added | |
| 34 | Capital Southwest Corp | 0.4% | $6.9m | 6,949,000 | – | new | |
| 35 | New Providence Acquisition Corp III | 0.4% | $6.8m | 665,376 | 19% | added | |
| 36 | Archimedes Tech SPAC Partners Co | 0.4% | $6.8m | 658,322 | 8% | added | |
| 37 | Alussa Energy Acquisition Corp II | 0.4% | $6.8m | 675,000 | – | new | |
| 38 | Gores Holdings X Inc | 0.4% | $6.7m | 658,063 | 0% | held | |
| 39 | Apex Treasury Corp | 0.4% | $6.7m | 675,000 | – | new | |
| 40 | Soulpower Acquisition Corp | 0.4% | $6.7m | 655,635 | 19% | added | |
| 41 | K&F Growth Acquisition Corp II | 0.4% | $6.6m | 633,889 | 25% | added | |
| 42 | GigCapital8 Corp | 0.4% | $6.4m | 650,000 | – | new | |
| 43 | Titan Acquisition Corp | 0.3% | $6.4m | 625,010 | 19% | added | |
| 44 | SilverBox Corp V | 0.3% | $6.4m | 635,000 | – | new | |
| 45 | M3-Brigade Acquisition VI Corp | 0.3% | $6.4m | 635,905 | – | new | |
| 46 | Pioneer Acquisition I Corp | 0.3% | $6.3m | 629,247 | 6% | added | |
| 47 | Cohen Circle Acquisition Corp II | 0.3% | $6.3m | 616,577 | 12% | added | |
| 48 | Oxley Bridge Acquisition Ltd | 0.3% | $6.3m | 625,296 | 16% | added | |
| 49 | Oyster Enterprises II Acquisition Corp | 0.3% | $6.3m | 623,741 | 19% | added | |
| 50 | Coinbase Global Inc | 0.3% | $6.1m | 6,000,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.