Sea Cliff Partners Management, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Sea Cliff Partners Management, LP reported 13 stock positions worth $193.7 million. Its top holding was Brightspring Health Services (BTSG) at 17.3% of the portfolio, followed by Wesco International (WCC, 12.2%) and Life Time (LTH, 9.1%). Compared with Q4 2025, it opened 1 new position, sold out of 1, added to 4 and reduced 8. The biggest buy was Integer (ITGR, shares +42%) and the biggest sale Planet Fitness Class A (PLNT, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0002011655
- Portfolio Value
- $193.7M (Q1 2026)
- SEC Filing
- 0001420506-26-001094 ↗ filed May 15, 2026
Holdings Value
Holdings 13 stocks · $193.7M
| BTSG Brightspring Health Services | 17.26% | 784,444 | $33.4M | Reduce -23.1% |
| WCC Wesco International Inc. | 12.18% | 86,216 | $23.6M | Reduce -10.2% |
| LTH Life Time Group Holdings Inc. | 9.14% | 657,105 | $17.7M | Add +40.7% |
| OKTA Okta Inc. | 8.94% | 220,078 | $17.3M | Add +11.7% |
| ITGR Integer Holdings Corp. | 8.56% | 188,331 | $16.6M | Add +41.6% |
| HXL Hexcel Corp. | 8.07% | 193,236 | $15.6M | Reduce -34.7% |
| JHX James Hardie Ind PLC | 7.03% | 719,007 | $13.6M | Reduce -28.0% |
| UDMY Udemy Inc. | 6.53% | 2,738,200 | $12.7M | Reduce -14.3% |
| SGRY Surgery Partners Inc. | 6.40% | 1,039,799 | $12.4M | Add +54.4% |
| GDDY GoDaddy Inc. Class A | 5.23% | 122,609 | $10.1M | Reduce -11.8% |
| CNM Core & Main Inc. Class A | 5.07% | 198,694 | $9.8M | Reduce -27.1% |
| PLNT Planet Fitness Inc. Class A | 3.94% | 102,481 | $7.6M | Reduce -50.0% |
| OMF Onemain Holdings Inc. | 1.66% | 60,000 | $3.2M | New |
Portfolio Sells Q4 2025 → Q1 2026
| PLNT Planet Fitness Inc. Class A | Reduce -50.0% | 3.94% | −5.44 |
| CXM Sprinklr Inc. Class A | Sold out | 0.00% | −4.37 |
| GDDY GoDaddy Inc. Class A | Reduce -11.8% | 5.23% | −2.03 |
| JHX James Hardie Ind PLC | Reduce -28.0% | 7.03% | −1.70 |
| UDMY Udemy Inc. | Reduce -14.3% | 6.53% | −1.34 |
| HXL Hexcel Corp. | Reduce -34.7% | 8.07% | −1.14 |
| CNM Core & Main Inc. Class A | Reduce -27.1% | 5.07% | −0.91 |
| BTSG Brightspring Health Services | Reduce -23.1% | 17.26% | +1.16 |
| WCC Wesco International Inc. | Reduce -10.2% | 12.18% | +2.28 |
Portfolio Buys Q4 2025 → Q1 2026
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 |