Radcliffe Capital Management, L.P.

Q4 2025 13F-HR Holdings

Location
Bala Cynwyd, PA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
309
Total value ($000)
$1,836,951
Net value change ($000)
+222,697 (13.8%)
New positions
67
Sold out positions
27
Turnover %
46.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MESH 7,494 NEW
EVOX 7,116 NEW
ALUB 6,818 NEW
APXT 6,676 NEW
GIW 6,432 NEW
SBXE 6,394 NEW
MBVI 6,359 NEW
GSRF 6,091 NEW
IRHO 6,003 NEW
LPCV 5,988 NEW
Top Reduces (Value $000, Stocks/ETFs)
MBVI -5,819 -100.0%
DMII -5,718 -100.0%
OTGA -5,539 -100.0%
HVMC -5,386 -100.0%
TLNC -5,318 -100.0%
TRAILBLAZER ACQUISITION CORP -5,242 -100.0%
EMIS -4,743 -100.0%
GSRF -4,094 -100.0%
BACQ -3,902 -41.1%
INFQ -3,651 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type