Sea Cliff Partners Management, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Sea Cliff Partners Management, LP reported 15 stock positions worth $298.3 million. Its top holding was N-Able (NABL) at 10.1% of the portfolio, followed by Nice Ltd. - Spon ADR (NICE, 9.7%) and Udemy (UDMY, 9.7%). Compared with Q2 2024, it opened 5 new positions, sold out of 4, added to 8 and reduced 2. The biggest buy was a new position in JBT Marel (JBTM) and the biggest sale an exit from R1 RCM (RCM).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0002011655
- Portfolio Value
- $298.3M (Q3 2024)
- SEC Filing
- 0001420506-24-002483 ↗ filed Nov 14, 2024
Holdings Value
Holdings 15 stocks · $298.3M
| NABL N-Able Inc. | 10.07% | 2,299,743 | $30.0M | Add +7.1% |
| NICE Nice Ltd. - Spon ADR | 9.74% | 167,347 | $29.1M | Add +10.3% |
| UDMY Udemy Inc. | 9.71% | 3,891,552 | $29.0M | Add +4.5% |
| COTY Coty Inc. Class A | 9.37% | 2,976,368 | $27.9M | Add +2.5% |
| AZEK The Azek Co. Inc. | 8.35% | 532,478 | $24.9M | Add +36.5% |
| PLAY Dave & Buster's Entertainmen | 7.72% | 676,391 | $23.0M | Add +31.3% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 7.19% | 217,762 | $21.5M | New |
| HXL Hexcel Corp. | 7.16% | 345,592 | $21.4M | Add +47.0% |
| GDDY GoDaddy Inc. Class A | 5.78% | 110,000 | $17.2M | Reduce -51.1% |
| BTSG Brightspring Health Services | 5.73% | 1,163,713 | $17.1M | New |
| TNET Trinet Group Inc. | 5.04% | 155,000 | $15.0M | New |
| OKTA Okta Inc. | 4.39% | 175,943 | $13.1M | New |
| WCC Wesco International Inc. | 4.22% | 75,000 | $12.6M | Add +20.3% |
| MTCH Match Group Inc. | 3.27% | 258,033 | $9.8M | New |
| ETWO E2OPEN Parent Holdings Inc. | 2.25% | 1,519,582 | $6.7M | Reduce -64.7% |
Portfolio Sells Q2 2024 → Q3 2024
| RCM R1 RCM Inc. | Sold out | 0.00% | −10.48 |
| MSGS Madison Square Garden Sports | Sold out | 0.00% | −8.02 |
| GDDY GoDaddy Inc. Class A | Reduce -51.1% | 5.78% | −4.97 |
| ETWO E2OPEN Parent Holdings Inc. | Reduce -64.7% | 2.25% | −4.37 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −1.70 |
| CXM Sprinklr Inc. Class A | Sold out | 0.00% | −0.30 |
Portfolio Buys Q2 2024 → Q3 2024
| JBTM JBT Marel Corp. | New | 7.19% | +7.19 |
| BTSG Brightspring Health Services | New | 5.73% | +5.73 |
| TNET Trinet Group Inc. | New | 5.04% | +5.04 |
| OKTA Okta Inc. | New | 4.39% | +4.39 |
| MTCH Match Group Inc. | New | 3.27% | +3.27 |
| AZEK The Azek Co. Inc. | Add +36.5% | 8.35% | +2.73 |
| HXL Hexcel Corp. | Add +47.0% | 7.16% | +2.14 |
| WCC Wesco International Inc. | Add +20.3% | 4.22% | +0.84 |
| NICE Nice Ltd. - Spon ADR | Add +10.3% | 9.74% | +0.81 |
| PLAY Dave & Buster's Entertainmen | Add +31.3% | 7.72% | +0.71 |
| COTY Coty Inc. Class A | Add +2.5% | 9.37% | −0.59 |
| NABL N-Able Inc. | Add +7.1% | 10.07% | −1.12 |
| UDMY Udemy Inc. | Add +4.5% | 9.71% | −1.30 |
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 |