Steelhead Partners LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Steelhead Partners LLC reported 2 stock positions worth $22.5 million. Its top holding was Advanced Energy Industries (AEIS) at 91.6% of the portfolio, followed by Neogenomics (NEO, 8.4%). Compared with Q1 2026, it opened 2 new positions and sold out of 1. The biggest buy was a new position in Advanced Energy Industries (AEIS) and the biggest sale an exit from Voyager Technologies Class A (VOYG).
- Most Recent 13F
- Q2 2026
- Location
- SEATTLE, WA
- CIK
- 0001133521
- Portfolio Value
- $22.5M (Q2 2026)
- SEC Filing
- 0001133521-26-000013 ↗ filed Aug 14, 2026
Holdings Value
Holdings 2 stocks · $22.5M
| AEIS Advanced Energy Industries | 91.61% | 55,174 | $20.6M | New |
| NEO Neogenomics Inc. | 8.39% | 129,200 | $1.9M | New |
Other holdings (23): bonds, preferreds, convertibles and warrants · $1.4B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 120,000,000 | $143.9M | Add +20.0% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 70,000,000 | $124.8M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 100,000,000 | $120.2M | Add +150.0% |
| ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) | NOTE 2.250% 6/0 · principal | 90,000,000 | $85.5M | No change |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | 70,500,000 | $79.1M | Add +2.2% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 65,000,000 | $78.2M | Add +8.3% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 82,850,000 | $77.5M | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 65,000,000 | $73.5M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 50,000,000 | $64.4M | Reduce -28.6% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 59,140,000 | $57.6M | Add +47.9% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 61,000,000 | $57.3M | Add +6.1% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 40,226,000 | $48.6M | New |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 50,000,000 | $43.3M | Add +49.3% |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 30,000,000 | $42.6M | New |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 38,122,000 | $42.1M | Add +5.5% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 38,014,000 | $39.5M | Add +30.1% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 35,000,000 | $39.1M | Add +83.7% |
| DOORDASH INC (DASH 0 05/15/30) | NOTE 5/1 · principal | 35,000,000 | $34.4M | New |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 20,000,000 | $33.3M | New |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | 10,000,000 | $28.4M | Reduce -56.5% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 28,000,000 | $25.8M | No change |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 20,427,000 | $23.1M | New |
| TRAVERE THERAPEUTICS INC (TVTX 0.5 05/15/32) | NOTE 0.500% 5/1 · principal | 15,000,000 | $17.7M | New |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q1 2026 → Q2 2026
| VOYG Voyager Technologies Inc. Class A | Sold out | 0.00% | −100.00 |
Portfolio Buys Q1 2026 → Q2 2026
Notes & Other Activity Q1 2026 → Q2 2026
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +20.0% | 120,000,000 | $143.9M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Sold out | 97,703,000 | $126.1Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +150.0% | 100,000,000 | $120.2M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Sold out | 40,500,000 | $97.5Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Sold out | 77,000,000 | $88.0Mbefore exit |
| LCI INDUSTRIES (LCII 3 03/01/30) | NOTE 3.000% 3/0 · principal | Add +2.2% | 70,500,000 | $79.1M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +8.3% | 65,000,000 | $78.2M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -28.6% | 50,000,000 | $64.4M |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | Add +47.9% | 59,140,000 | $57.6M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +6.1% | 61,000,000 | $57.3M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 40,226,000 | $48.6M |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | Add +49.3% | 50,000,000 | $43.3M |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | New | 30,000,000 | $42.6M |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | Add +5.5% | 38,122,000 | $42.1M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +30.1% | 38,014,000 | $39.5M |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +83.7% | 35,000,000 | $39.1M |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | Sold out | 35,000,000 | $35.4Mbefore exit |
| DOORDASH INC (DASH 0 05/15/30) | NOTE 5/1 · principal | New | 35,000,000 | $34.4M |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 20,000,000 | $33.3M |
| PENGUIN SOLUTIONS CAYMEN (PENG 2 08/15/30) | NOTE 2.000% 8/1 · principal | Reduce -56.5% | 10,000,000 | $28.4M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | New | 20,427,000 | $23.1M |
| TRAVERE THERAPEUTICS INC (TVTX 0.5 05/15/32) | NOTE 0.500% 5/1 · principal | New | 15,000,000 | $17.7M |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | Sold out | 12,000,000 | $13.5Mbefore exit |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Sold out | 9,000,000 | $7.8Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.