Radcliffe Capital Management, L.P.
Long book
$892.5M
Q1 2026
Positions
382
Top-10 weight
9%
concentration
Last quarter
+1.3%
SPY +14.8%
Turnover
46%
of book per quarter
Strategy in plain words
auto-generated from filingsRadcliffe Capital Management, L.P. is a quantitative fund whose holdings reflect models, not opinions, specialised in financials (93% of the long book), running a $892.5M US long book across 382 positions.
The portfolio is broadly diversified across 382 positions (top 10 only 9%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: D. BORAL ACQUISITION I-CL A, EQV VENTURES ACQUISITION C-A, MESHFLOW ACQUISITION CO-CL A, WEN ACQUISITION CORP-A, ALDABRA 4 LIQUIDITY OPP-CL A.
Over the last 9 quarters its long book ran on average 9.1pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.6%
Q2 2024
+1.5%
Q3 2024
+4.7%
Q4 2024
+1.6%
Q1 2025
+111.4%
Q2 2025
+0.4%
Q3 2025
+0.8%
Q4 2025
+0.0%
Q1 2026
+1.3%
Sector allocation
Financials 92%
Services media 2%
Technology 2%
Utilities 1%
Other 1%
Industrials 1%
Consumer discretionary 1%
Communications 1%
Long book by quarter
What does Radcliffe Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| DBCA D. BORAL ACQUISITION I-CL A | Financials | 1.3M | $12.6M | 1.4% | New |
| EVAC EQV VENTURES ACQUISITION C-A | Financials | 910.9K | $9.2M | 1.0% | Held |
| MESH MESHFLOW ACQUISITION CO-CL A | Financials | 775.0K | $7.7M | 0.9% | New |
| WENN WEN ACQUISITION CORP-A | Financials | 736.2K | $7.5M | 0.8% | +6.5% |
| ALOV ALDABRA 4 LIQUIDITY OPP-CL A | Financials | 750.0K | $7.4M | 0.8% | New |
| EVOX EVOLUTION GLOBAL ACQUIS-CL A | Financials | 721.0K | $7.2M | 0.8% | Held |
| SDHI SIDDHI ACQUISITION CORP-A | Financials | 693.8K | $7.2M | 0.8% | +1.5% |
| JACS JACKSON ACQUISITION CO-CL A | Financials | 675.0K | $7.1M | 0.8% | +1.9% |
| HCMA HCM III ACQUISITION COR-CL A | Financials | 703.4K | $7.1M | 0.8% | +0.5% |
| KOYN CSLM DIGITAL ASSET ACQU - A | Financials | 701.7K | $7.0M | 0.8% | Held |
| AACB ARTIUS II ACQUISITION INC-A | Financials | 678.7K | $7.0M | 0.8% | +1.7% |
| KFII K&F GROWTH ACQUISITION COR-A | Financials | 671.8K | $7.0M | 0.8% | +6.0% |
| ATII ARCHIMEDES TECH SPAC PARTNER | Financials | 661.3K | $6.9M | 0.8% | +0.5% |
| NPAC NEW PROVIDENCE ACQUISITION-A | Financials | 665.4K | $6.8M | 0.8% | Held |
| GPAT GP-ACT III ACQUISITION-A | Financials | 623.3K | $6.8M | 0.8% | +8.7% |
| GTEN GORES HOLDINGS X INC-CL A | Financials | 658.1K | $6.7M | 0.8% | Held |
| ALUB ALUSSA ENERGY ACQUISIT II-A | Financials | 675.0K | $6.7M | 0.8% | New |
| SOUL SOULPOWER ACQUISITION CO-A | Financials | 655.6K | $6.7M | 0.8% | Held |
| APXT APEX TREASURY CORP-CL A | Financials | 675.0K | $6.7M | 0.8% | Held |
| BDCI BTC DEVELOPMENT CORP-CL A | Financials | 651.3K | $6.5M | 0.7% | +12.0% |
| GIW GIGCAPITAL8 CORP-A | Financials | 650.0K | $6.5M | 0.7% | Held |
| BLZR TRAILBLAZER ACQUISITION-CL A | Financials | 640.0K | $6.4M | 0.7% | +19.0% |
| TACH TITAN ACQUISITION CORP-CL A | Financials | 625.0K | $6.4M | 0.7% | Held |
| MBVI M3-BRIGADE ACQUISITION-CL A | Financials | 638.8K | $6.4M | 0.7% | +0.5% |
| PACH PIONEER ACQUISITION I-CL A | Financials | 629.2K | $6.4M | 0.7% | Held |
| OBA OXLEY BRIDGE ACQUISITIO-CL A | Financials | 625.3K | $6.3M | 0.7% | Held |
| OYSE OYSTER ENTERPRISES II ACQ-A | Financials | 623.7K | $6.3M | 0.7% | Held |
| SBXE SILVERBOX CORP V-CL A | Financials | 635.1K | $6.3M | 0.7% | New |
| GSRF GSR IV ACQUISITION CORP-CL A | Financials | 629.7K | $6.3M | 0.7% | +3.3% |
| CCII COHEN CIRCLE ACQUISIT II - A | Financials | 616.6K | $6.3M | 0.7% | Held |
| TMS TEAMSHARES INC | Consumer discretionary | 590.4K | $6.1M | 0.7% | Held |
| CEPF CANTOR EQUITY PARTNERS-CL A | Financials | 600.6K | $6.1M | 0.7% | +12.3% |
| FAC FACTORIAL ENERGY INC | Technology | 595.3K | $6.1M | 0.7% | -0.1% |
| ZKP LAFAYETTE DIGITAL ACQUISITIO | Financials | 615.0K | $6.1M | 0.7% | New |
| IRHO IRON HORSE ACQUISITIONS CORP | Services media | 607.2K | $6.0M | 0.7% | New |
| ADAC AMERICAN DRIVE ACQUISIT-CL A | Financials | 600.0K | $5.9M | 0.7% | New |
| LPCV LAUNCHPAD CADENZA ACQUI-CL A | Financials | 600.0K | $5.9M | 0.7% | New |
| COPL COPLEY ACQUISITION CORP-A | Financials | 572.8K | $5.9M | 0.7% | Held |
| NHIC NEWHOLD INVESTMENT COR III-A | Financials | 561.0K | $5.8M | 0.7% | Held |
| KCHV KOCHAV DEFENSE ACQUISITION-A | Financials | 566.3K | $5.8M | 0.7% | 0.0% |
| SIMA SIM ACQUISITION CORP I-A | Financials | 539.4K | $5.8M | 0.6% | +0.6% |
| CRAN CRANE HARBOR ACQUISITIO-CL A | Financials | 580.3K | $5.8M | 0.6% | New |
| VACI VIKING ACQUISITION CORP - A | Communications | 575.0K | $5.7M | 0.6% | Held |
| DMII DRUGS MADE IN AMERICA ACQUIS | Financials | 575.7K | $5.7M | 0.6% | 0.0% |
| DMAA DRUGS MADE IN AMERICA ACQUIS | Financials | 546.8K | $5.7M | 0.6% | Held |
| LWAC LIGHTWAVE ACQUISITION CORP-A | Financials | 564.2K | $5.7M | 0.6% | Held |
| XCBE X3 ACQUISITION CORP LTD-CL A | Financials | 575.6K | $5.7M | 0.6% | New |
| AXIN AXIOM INTELLIGENCE-CL A | Financials | 549.8K | $5.6M | 0.6% | Held |
| CRAQ CAL REDWOOD ACQUISIT-CL A | Financials | 545.6K | $5.6M | 0.6% | Held |
| KRAQ KRAKACQUISITION CORP-CL A | Financials | 562.6K | $5.5M | 0.6% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 405 | $1.33B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 309 | $1.84B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 237 | $1.61B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 145 | $1.31B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 42 | $970.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 49 | $875.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 39 | $589.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 45 | $514.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 81 | $526.8M | canonical | SEC ↗ |