Steelhead Partners LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Steelhead Partners LLC disclosed 31 US equity positions worth $1.7bn in its Q1 2025 13F filing. The largest position was SPOT 0 03/15/26 at 8.2% of the reported book, followed by SE and ITRI. Against the Q4 2024 filing, it opened 2 new positions, added to 13 and reduced 9 among the top 31 holdings.
What did Steelhead Partners LLC own in Q1 2025? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SPOT 0 03/15/26 | 8.2% | $142.6m | 119,500,000 | 5% | added | |
| 2 | SE SEALTD 0 1/4 09/15/26 | 7.1% | $122.7m | 131,000,000 | -1% | reduced | |
| 3 | ITRI ITRI 0 03/15/26 | 5.6% | $97.7m | 95,000,000 | 19% | added | |
| 4 | NET NET 0 08/15/26 | 4.6% | $80.4m | 80,000,000 | 0% | held | |
| 5 | LITE LITE 0 1/2 12/15/26 | 4.5% | $77.7m | 75,000,000 | -10% | reduced | |
| 6 | AKAM AKAM 0 3/8 09/01/27 | 4.4% | $75.6m | 77,500,000 | 61% | added | |
| 7 | UBER UBER 0 12/15/25 | 4.3% | $74.3m | 70,000,000 | 0% | held | |
| 8 | DXCM 0 3/8 05/15/28 | 4.1% | $71.3m | 80,000,000 | 95% | added | |
| 9 | AEIS 2 1/2 09/15/28 | 4.1% | $70.7m | 68,800,000 | 359% | added | |
| 10 | UBER UBER 0 7/8 12/01/28 | 3.6% | $63.2m | 52,000,000 | 21% | added | |
| 11 | JAZZ 2 06/15/26 | 3.6% | $61.8m | 59,600,000 | 20% | added | |
| 12 | SHOPCN 0 1/8 11/01/25 | 3.5% | $60.2m | 60,000,000 | 0% | held | |
| 13 | DBX 0 03/01/26 | 3.5% | $60.2m | 61,000,000 | -13% | reduced | |
| 14 | ETSY ETSY 0 1/4 06/15/28 | 3.2% | $55.7m | 65,492,000 | 0% | held | |
| 15 | CFLT 0 01/15/27 | 3.2% | $55.6m | 60,000,000 | 0% | held | |
| 16 | BOX 0 01/15/26 | 3.1% | $53.7m | 43,192,000 | 2% | added | |
| 17 | ENPH 0 03/01/28 | 3.1% | $53.6m | 63,000,000 | 7% | added | |
| 18 | FVRR 0 11/01/25 | 3.0% | $51.7m | 53,250,000 | -1% | reduced | |
| 19 | PD PD 1 1/2 10/15/28 | 2.9% | $49.7m | 50,001,000 | 127% | added | |
| 20 | ALNY ALNY 1 09/15/27 | 2.9% | $49.6m | 43,000,000 | 562% | added | |
| 21 | ALRM ALRM 0 01/15/26 | 2.7% | $46.2m | 48,000,000 | -11% | reduced | |
| 22 | TRIP 0 1/4 04/01/26 | 2.5% | $43.2m | 45,013,000 | 29% | added | |
| 23 | PRGS 1 04/15/26 | 2.3% | $39.1m | 36,500,000 | 22% | added | |
| 24 | UPWK UPWK 0 1/4 08/15/26 | 2.2% | $37.4m | 40,000,000 | 0% | held | |
| 25 | DXCM 0 1/4 11/15/25 | 1.7% | $29.2m | 30,000,000 | -40% | reduced | |
| 26 | GH GH 0 11/15/27 | 1.4% | $24.8m | 28,000,000 | -30% | reduced | |
| 27 | NOG 3 5/8 04/15/29 | 1.3% | $22.2m | 21,000,000 | – | new | |
| 28 | LITE LITE 0 1/2 06/15/28 | 1.1% | $18.5m | 20,000,000 | -46% | reduced | |
| 29 | WGO 3 1/4 01/15/30 | 1.0% | $17.5m | 20,000,000 | – | new | |
| 30 | CSIQ 2 1/2 10/01/25 | 0.9% | $16.1m | 16,500,000 | 0% | held | |
| 31 | ENPH 0 03/01/26 | 0.7% | $12.4m | 13,000,000 | -53% | reduced |
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.