SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Radcliffe Capital Management, L.P.

CIK 0001218275 · 50 MONUMENT ROAD, SUITE 300, BALA CYNWYD, PA, 19004 · 6106175900

Reported Value
$729M
Q2 2020
Positions
150
Filings on Record
34
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Radcliffe Capital Management, L.P. reported $729M in U.S.-listed holdings across 150 positions for Q2 2020.

Its largest position, Twitter, represents 6.5% of the portfolio.

Compared with Q1 2020, the fund opened 46 new positions and exited 46.

Portfolio Metrics

Turnover
+14.6%
vs prior filed quarter
Top-10 Concentration
+48.8%
share of reported value
Largest Position
+6.5%
Twitter
New / Exited
46 / 46
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $587MQ4 ’18Q1 ’19: $612MQ2 ’19: $568MQ3 ’19: $513MQ4 ’19: $451MQ4 ’19Q1 ’20: $532MQ2 ’20: $729MQ3 ’20: $1.1BQ4 ’20: $1.6BQ4 ’20Q1 ’21: $2.5BQ2 ’21: $3.2BQ3 ’21: $3.4BQ4 ’21: $3.8BQ4 ’21Q1 ’22: $4.4BQ2 ’22: $4.4BQ3 ’22: $4.1BQ4 ’22: $3.2BQ4 ’22Q1 ’23: $1.6BQ2 ’23: $1.2BQ3 ’23: $804MQ4 ’23: $747MQ4 ’23Q1 ’24: $527MQ2 ’24: $514MQ3 ’24: $589MQ4 ’24: $876MQ4 ’24Q1 ’25: $971MQ2 ’25: $1.3BQ3 ’25: $1.6BQ4 ’25: $1.8BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 62.1%Other: 30.1%Common Stock: 6.9%Unit: 0.9%
  • US DOMESTIC · 62.1% · $458M
  • Other · 30.1% · $222M
  • Common Stock · 6.9% · $51M
  • Unit · 0.9% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Hennessy Capital AcquisitionNEW+710.0K710.0K+$8M$8M
Hudson Executive Investment Cop.NEW+700.0K700.0K+$7M$7M
Jaws Acquisition CorpNEW+686.7K686.7K+$7M$7M
Sustainable Opportunities Acquisition CorpNEW+655.4K655.4K+$7M$7M
Spartan Energy Acquisition Corp.NEW+500.1K500.1K+$5M$5M
Foley Trasimene Acquisition CorpNEW+500.0K500.0K+$5M$5M
LGL Systems Acquisition CorpNEW+525.0K525.0K+$5M$5M
CF Finance Acquisition Corp.NEW+479.4K479.4K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PROSPECT CAPITAL CORPCONVRT BOND10.13%$74M77.23M
2Ares Capital CorporationCONVRT BOND6.60%$48M49.18M
3Twitter, Inc.CONVRT BOND6.54%$48M48.76M
4FireEye, Inc.CONVRT BOND6.26%$46M48.40M
5New Mountain Finance CorporationCONVRT BOND5.27%$38M41.00M
6BlackRock Capital Investment CorpCONVRT BOND5.00%$36M41.53M
7Blackrock TCP Capital CorpCONVRT BOND4.15%$30M31.04M
8TEVA PHARM FINANCE LLCCONVRT BOND4.00%$29M30.15M
9Goldman Sachs BDC Inc.CONVRT BOND3.88%$28M28.56M
10Supernus Pharmaceuticals IncCONVRT BOND3.60%$26M29.83M
11Hercules Capital, Inc.CONVRT BOND2.47%$18M18.51M
12Sixth Street Specialty LendingCONVRT BOND2.19%$16M15.90M
13Cardtronics, Inc.CONVRT BOND2.04%$15M15.10M
14Hennessy Capital AcquisitionCOMMON1.05%$8M710.0K
15Hudson Executive Investment Cop.UNIT0.98%$7M700.0K
16Jaws Acquisition CorpUNIT0.98%$7M686.7K
17Sustainable Opportunities Acquisition CorpUNIT0.91%$7M655.4K
18Gores Metropoulos IncCOMMON0.87%$6M590.1K
19Acamar Partners Acquisition Corp.COMMON0.82%$6M581.8K
20CCXGBPChurchill Capital Corp IICOMMON0.75%$5M481.0K
21Spartan Energy Acquisition Corp.COMMON0.74%$5M500.1K
22Foley Trasimene Acquisition CorpUNIT0.73%$5M500.0K
23CF Finance Acquisition Corp.COMMON0.71%$5M479.4K
24Haymaker Acquisition Corp IICOMMON0.71%$5M500.0K
25Diamond Peak Holdings CorpCOMMON0.71%$5M500.1K
26RMG Acquisition CorpCOMMON0.70%$5M500.0K
27Osprey Technology Acquisition Corp.COMMON0.70%$5M505.0K
28Pivotal Investment Corp IICOMMON0.68%$5M488.3K
29Trine Acquisition CorpCOMMON0.64%$5M447.4K
30Healthcare Merger Corp.COMMON0.64%$5M462.2K
31Proptech Acquisition CorporationCOMMON0.63%$5M450.0K
32Thunder Bridge Acquisition IICOMMON0.62%$5M450.0K
33Dish Network CorporationCONVRT BOND0.61%$4M5.00M
34PROPTECH ACQUISITION CORPREVEALEDCOMMON0.60%$4M450.0K
35Flying Eagle Acquisition Corp.COMMON0.56%$4M375.0K
36Apex Technology Acquisition CoCOMMON0.56%$4M400.0K
37Experience Investment CorpCOMMON0.56%$4M410.1K
38New Providence Acquisition CorpCOMMON0.56%$4M403.7K
39Kensington Capital Acquisition Corp.UNIT0.55%$4M400.0K
40CHP Merger CorpCOMMON0.55%$4M400.0K
41FinServ Acquisition CorpCOMMON0.54%$4M394.9K
42Churchill Capital Corp IIICOMMON0.49%$4M328.1K
43FinTech Acquisition Corp IIICOMMON0.48%$4M316.2K
44Fortress Value Acquisition CorpCOMMON0.48%$4M352.3K
45LGL Systems Acquisition CorpCOMMON0.48%$3M350.0K
46CITIC Capital Acquisition Corp.COMMON0.44%$3M325.0K
47JIHJuniper Industrial Holdings, Inc.COMMON0.42%$3M307.1K
48SCVX Corp.COMMON0.41%$3M300.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B405May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.8B309Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.6B237Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.3B145Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$971M42May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$876M49Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$589M39Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$514M45Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$527M81May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$747M198Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$804M476Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.2B587Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.6B690May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022REVEALED$3.2B882Feb 17, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$4.1B1,190Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.4B1,242Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.4B1,224May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.8B1,056Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.4B903Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.2B917Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.5B687May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B345Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.1B208Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$729M150Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$532M117May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$451M30Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$513M38Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$568M39Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$612M29May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$587M22Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.