Radcliffe Capital Management, L.P.
Annual return '25
+46.1%
SPY '25
+17.7%
Alpha
+28.4ptsvs SPY
Invested
$1.3B
Holdings
232
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$TDOC 1.25 06/01/
Teladoc Health Inc
Q4 2025: Exited (was 115.75M shares)
8.8%
02
$COIN 0.5 06/01/2
Coinbase Global Inc
Held since at least Q1 2024
4.4%
03
$ENPH 0 03/01/28
Enphase Energy Inc
Q4 2025: Exited (was 42.64M shares)
3.5%
04
$FIVN 1 03/15/29
Five9 Inc
Q4 2025: Exited (was 7.50M shares)
3.0%
05
$ETSY 0.25 06/15/
Etsy Inc
Q4 2025: Exited (was 38.00M shares)
2.7%
06
$DXCM 0.375 05/15
DexCom Inc.
Q4 2025: Exited (was 5.00M shares)
1.9%
07
$GLAD 5.875 10/01
Gladstone Capital Corp
Q4 2025: Exited (was 18.00M shares)
1.6%
08
$BAND 0.5 04/01/2
Bandwidth Inc
Q4 2025: Exited (was 49.90M shares)
1.6%
09
$U 0 11/15/26
Unity Software Inc
Q4 2025: Exited (was 18.46M shares)
1.3%
10
$CALY 2.75 05/01/
Callaway Golf Company
Held since at least Q1 2024
1.1%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 12:10 UTC.