Radcliffe Capital Management, L.P.

CIK 0001218275 · Q2 2026

13F Equity AUM

$1.3B

-1.4% QoQ

Positions

450

+45 QoQ

AUM Rank

#2,925

Top 23%

Skill Alpha (FF)

+86.5%/yr^ns

No Clear Edge

Rank #12 · Top 0.1%

vs S&P +29.7%/yr (unadj.)

Quarters Tracked

~14 years

Portfolio Concentration

Top 5: 16.5%Top 10: 23.0%Top 20: 29.5%

TDOC 1.25 06/01/274.6%

ENPH 0 03/01/283.5%

FIVN 1 03/15/292.9%

ETSY 0.25 06/15/282.8%

RPD 0.25 03/15/272.7%

DXCM 0.375 05/15/281.8%

GLAD 5.875 10/01/301.6%

DDOG 0 12/01/291.1%

ARES ACQUISITION CORP III1.1%

BERTO ACQUISITION CORP II1.0%

Others (440)77.0%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Unclassified49.8%

Financial Services27.3%

Technology8.2%

Healthcare6.5%

Energy3.5%

Consumer Cyclical3.1%

Other1.7%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 450Median: 0.11%Avg: 0.22%

0–0.5%

416(63.1%)

0.5–1%

24(13.9%)

1–3%

8(14.9%)

3–5%

2(8.1%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 450vs 20 funds

0%Low

450

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New114Increased83Decreased41Exited69

New Positions

RPD 0.25 03/15/272.7%

+36.5M

ARES ACQUISITION COR…1.1%

+1.4M

BERTO ACQUISITION CO…1.0%

+1.3M

SNOW 0 10/01/290.7%

+5.0M

CH4 NATURAL SOLUTION…0.6%

+799K

AKAMAI TECHNOLOGIES …0.6%

+5.0M

CLOUDFLARE INC0.5%

+5.0M

CLEARTHINK 1 ACQUISI…0.5%

+610K

GORES HOLDINGS XI IN…0.5%

+600K

TRG LATIN AMER ACQUI…0.5%

+600K

Increased

DDOG 0 12/01/291.1%

+5.0M(+100%)

COIN 0.25 04/01/300.7%

+4.0M(+67%)

ETSY 0.25 06/15/282.8%

+2.0M(+5%)

RDAGW0.4%

+228K(+72%)

PMTRW0.4%

+183K(+54%)

RTACW0.3%

+180K(+97%)

VINE HILL CAP INVTS …0.4%

+140K(+38%)

HENNESSY CAP INVTS C…0.4%

+138K(+39%)

NEW AMER ACQUISITION…0.2%

+130K(+84%)

FCRS-WT0.4%

+115K(+28%)

Decreased

TDOC 1.25 06/01/274.6%

-53,500,000(-46%)

ETSY 0.125 09/01/270.4%

-2,025,000(-29%)

D. BORAL ARC ACQ I C…0.1%

-250,466(-57%)

BLEICHROEDER ACQUISI…0.2%

-236,370(-54%)

TDACW0.2%

-233,574(-46%)

ARCHIMEDES TECH SPAC…0.4%

-183,276(-28%)

TDOC0.0%

-169,600(-84%)

VACI-WT0.0%

-126,995(-66%)

TAVIU0.0%

-110,854(-75%)

XRPNW0.0%

-107,022(-52%)

Exited

-56,258,000

-22,304,000

-17,181,000

-14,500,000

-8,250,000

-7,302,000

-623,267

-595,296

-590,384

ClearThink 1 Acquisi…

-610,000

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...