Sea Cliff Partners Management, LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Sea Cliff Partners Management, LP reported 15 stock positions worth $304.4 million. Its top holding was Nice Ltd. - Spon ADR (NICE) at 10.6% of the portfolio, followed by Udemy (UDMY, 10.5%) and GoDaddy Class A (GDDY, 10.4%). Compared with Q4 2023, it opened 3 new positions, sold out of 2, added to 10 and reduced 2. The biggest buy was a new position in Assetmark Financial (AMK) and the biggest sale an exit from Acadia Healthcare (ACHC).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0002011655
- Portfolio Value
- $304.4M (Q1 2024)
- SEC Filing
- 0001420506-24-000852 ↗ filed May 14, 2024
Holdings Value
Holdings 15 stocks · $304.4M
| NICE Nice Ltd. - Spon ADR | 10.64% | 124,252 | $32.4M | Add +13.3% |
| UDMY Udemy Inc. | 10.51% | 2,914,163 | $32.0M | Add +67.3% |
| GDDY GoDaddy Inc. Class A | 10.36% | 265,703 | $31.5M | Add +28.6% |
| COTY Coty Inc. Class A | 9.56% | 2,434,296 | $29.1M | Add +21.9% |
| MSGS Madison Square Garden Sports | 9.32% | 153,709 | $28.4M | Add +13.7% |
| RCM R1 RCM Inc. | 9.02% | 2,131,778 | $27.5M | Add +22.1% |
| NABL N-Able Inc. | 8.24% | 1,920,433 | $25.1M | Add +50.2% |
| WCC Wesco International Inc. | 7.03% | 125,000 | $21.4M | Add +12.8% |
| AZEK The Azek Co. Inc. | 6.26% | 379,400 | $19.1M | Reduce -10.3% |
| PLAY Dave & Buster's Entertainmen | 5.55% | 270,000 | $16.9M | Reduce -10.0% |
| ETWO E2OPEN Parent Holdings Inc. | 5.51% | 3,778,224 | $16.8M | Add +18.3% |
| AMK Assetmark Financial Holdings | 2.98% | 256,193 | $9.1M | New |
| MODN Model N Inc. | 2.39% | 255,709 | $7.3M | Add +13.3% |
| HXL Hexcel Corp. | 1.84% | 76,713 | $5.6M | New |
| PWSC Powerschool Holdings Inc. Class A | 0.79% | 113,237 | $2.4M | New |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| AMK Assetmark Financial Holdings | New | 2.98% | +2.98 |
| NICE Nice Ltd. - Spon ADR | Add +13.3% | 10.64% | +2.11 |
| HXL Hexcel Corp. | New | 1.84% | +1.84 |
| RCM R1 RCM Inc. | Add +22.1% | 9.02% | +1.82 |
| GDDY GoDaddy Inc. Class A | Add +28.6% | 10.36% | +1.81 |
| NABL N-Able Inc. | Add +50.2% | 8.24% | +1.64 |
| PWSC Powerschool Holdings Inc. Class A | New | 0.79% | +0.79 |
| UDMY Udemy Inc. | Add +67.3% | 10.51% | +0.51 |
| ETWO E2OPEN Parent Holdings Inc. | Add +18.3% | 5.51% | +0.04 |
| MODN Model N Inc. | Add +13.3% | 2.39% | +0.02 |
| COTY Coty Inc. Class A | Add +21.9% | 9.56% | −0.11 |
| MSGS Madison Square Garden Sports | Add +13.7% | 9.32% | −0.27 |
| WCC Wesco International Inc. | Add +12.8% | 7.03% | −0.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $225.5M | BTSG, LTH, WCC, OKTA, JHX |
| Q1 2026 | 13 | $193.7M | BTSG, WCC, LTH, OKTA, ITGR |
| Q4 2025 | 13 | $237.3M | BTSG, WCC, PLNT, HXL, JHX |
| Q3 2025 | 15 | $261.4M | BTSG, PLNT, UDMY, CWAN, OKTA |
| Q2 2025 | 15 | $293.3M | BTSG, JHX, HXL, UDMY, PTC |
| Q1 2025 | 15 | $278.4M | BTSG, UDMY, AZEK, GDDY, HXL |
| Q4 2024 | 15 | $288.3M | BTSG, UDMY, JBTM, HXL, AZEK |
| Q3 2024 | 15 | $298.3M | NABL, NICE, UDMY, COTY, AZEK |
| Q2 2024 | 14 | $292.2M | NABL, UDMY, GDDY, RCM, COTY |
| Q1 2024 | 15 | $304.4M | NICE, UDMY, GDDY, COTY, MSGS |