Radcliffe Capital Management, L.P.
Filing Date
Global Rank
#2,018
/ 8,621
▲ 459
· as of Mar 2026
Top Industry
Shell Companies
96.7%
3Y Alpha vs SPY
-10.7%
Period ended 4 months ago
Filed May 15, 2026 · 2mo
23 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+28.5%
SPY
+67.9%
Annualised alpha
-10.1%
Max drawdown
−5.7%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
200 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
1.6%
−0.0 pts
Top 5
5.6%
−0.9 pts
Top 10
10.2%
−2.5 pts
HHI
65
Diversified−22
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 95.0% | $747,876,689 |
| Unclassified | 2.6% | $20,230,490 |
| Industrials | 1.4% | $10,801,497 |
| Consumer Defensive | 0.5% | $3,559,500 |
| Technology | 0.3% | $2,454,210 |
| Communication Services | 0.2% | $1,335,312 |
| Healthcare | 0.1% | $1,097,085 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ONCH | 1RT Acquisition Corp. | +246,144 | 385,436 | $3,908,321 | |
| FCRS | FutureCrest Acquisition Corp. | +155,701 | 417,041 | $4,195,432 | |
| BCSS | Bain Capital GSS Investment Corp. | +73,753 | 338,446 | $3,422,365 | |
| BDCI | BTC Development Corp. | +70,004 | 651,320 | $6,506,686 | |
| CEPF | Cantor Equity Partners IV, Inc. | +65,758 | 600,568 | $6,119,787 | |
| BEAG | Bold Eagle Acquisition Corp. | +63,397 | 498,845 | $5,265,308 | |
| PMTR | Perimeter Acquisition Corp. I | +61,561 | 338,534 | $3,473,358 | |
| CEPV | Cantor Equity Partners V, Inc. | +55,639 | 274,366 | $2,771,096 | |
| JENA | JENA ACQUISITION Corp II | +53,882 | 533,672 | $5,454,127 | |
| GSHR | Gesher Acquisition Corp. II | +51,414 | 278,459 | $2,884,835 | |
| DNMX | Dynamix Corp III | +50,536 | 425,707 | $4,223,013 | |
| GPAT | GP-Act III Acquisition Corp. | +50,045 | 623,267 | $6,756,214 | |
| RDAG | Republic Digital Acquisition Co | +49,158 | 315,760 | $3,230,224 | |
| DYOR | Insight Digital Partners II | +48,263 | 540,544 | $5,381,115 | |
| RTAC | Renatus Tactical Acquisition Corp I | +45,379 | 185,191 | $1,903,763 | |
| WENN | WEN Acquisition Corp | +44,976 | 736,239 | $7,494,913 | |
| PCAP | ProCap Acquisition Corp | +39,521 | 533,362 | $5,434,958 | |
| FERA | Fifth Era Acquisition Corp I | +38,992 | 443,395 | $4,566,968 | |
| KFII | K&F Growth Acquisition Corp. II | +37,919 | 671,808 | $7,006,957 | |
| VRRM | VERRA MOBILITY Corp | +29,000 | 59,000 | $843,110 | |
| SZZL | Sizzle Acquisition Corp. II | +28,204 | 517,688 | $5,321,832 | |
| MGNI | Magnite, Inc. | +25,000 | 112,400 | $1,335,312 | |
| TACO | Berto Acquisition Corp. | +24,282 | 371,764 | $3,810,581 | |
| GSRF | GSR IV Acquisition Corp. | +20,000 | 629,667 | $6,315,560 | |
| SVCC | Stellar V Capital Corp. (Cayman Islands) | +18,846 | 231,848 | $2,422,811 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GFUZ | General Fusion Group Ltd. | −221,841 | 161,657 | $1,642,435 | |
| BCAR | D. Boral ARC Acquisition I Corp. | −109,202 | 440,470 | $4,457,556 | |
| TVA | Texas Ventures Acquisition III Corp | −26,700 | 325,894 | $3,386,038 | |
| BACC | Blue Acquisition Corp/Cayman | −1,874 | 522,226 | $5,331,927 | |
| HVII | Hennessy Capital Investment Corp. VII | −1,103 | 525,544 | $5,439,380 | |
| RAAQ | Real Asset Acquisition Corp. | −674 | 385,249 | $4,045,114 | |
| FAC | Factorial Energy Inc. | −500 | 595,296 | $6,104,760 | |
| FACT | FACT II Acquisition Corp. | −500 | 522,789 | $5,489,284 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DBCA | D. Boral Acquisition I Corp. | 1,276,329 | $12,584,603 | |
| MESH | Meshflow Acquisition Corp | 775,000 | $7,664,750 | |
| ALOV | Aldabra 4 Liquidity Opportunity Vehicle, Inc. | 750,000 | $7,372,500 | |
| ALUB | Alussa Energy Acquisition Corp. II | 675,000 | $6,736,500 | |
| SBXE | SilverBox Corp V | 635,093 | $6,300,122 | |
| ZKP | Lafayette Digital Acquisition Corp. I | 615,000 | $6,063,900 | |
| IRHO | Iron Horse Acquisition II Corp. | 607,182 | $5,986,814 | |
| ADAC | American Drive Acquisition Co | 600,000 | $5,940,000 | |
| LPCV | Launchpad Cadenza Acquisition Corp I | 600,000 | $5,940,000 | |
| CRAN | Crane Harbor Acquisition Corp. II | 580,266 | $5,750,436 | |
| XCBE | X3 Acquisition Corp. Ltd. | 575,599 | $5,663,894 | |
| KRAQ | KRAKacquisition Corp | 562,567 | $5,546,910 | |
| GIX | GigCapital9 Corp. | 562,114 | $5,525,580 | |
| HCAC | Hall Chadwick Acquisition Corp | 550,000 | $5,461,500 | |
| GPAC | General Purpose Acquisition Corp. | 550,000 | $5,450,500 | |
| CAQ | Cambridge Acquisition Corp. | 550,000 | $5,428,500 | |
| ITHA | ITHAX Acquisition Corp III | 525,887 | $5,206,281 | |
| CLBR | Colombier Acquisition Corp. III | 515,500 | $5,185,930 | |
| SAC | Safeguard Acquisition Corp. | 500,000 | $4,980,000 | |
| FGII | FG Imperii Acquisition Corp. | 500,000 | $4,950,000 | |
| TWLV | Twelve Seas Investment Co III/Cayman | 500,000 | $4,935,000 | |
| MEVO | M Evo Global Acquisition Corp II | 500,000 | $4,925,000 | |
| BBCQ | Bleichroeder Acquisition Corp. II | 440,149 | $4,410,292 | |
| AACI | Armada Acquisition Corp. III | 425,859 | $4,198,969 | |
| ARCI | Archimedes Tech SPAC Partners III Co. | 414,297 | $4,080,825 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
14 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VACH | Voyager Acquisition Corp./Cayman Islands | 500,000 | $5,335,000 | |
| FTW | PRESIDIO PRODUCTION Co | 397,032 | $4,164,865 | |
| PELI | Pelican Acquisition Corp | 249,365 | $2,531,304 | |
| VCIC | Vine Hill Capital Investment Corp. | 175,730 | $1,892,612 | |
| CCIX | Churchill Capital Corp IX/Cayman | 152,581 | $1,621,936 | |
| CXW | CoreCivic, Inc. | 75,000 | $1,433,250 | |
| UYSC | UY Scuti Acquisition Corp. | 125,125 | $1,282,531 | |
| PCRX | Pacira BioSciences, Inc. | 39,831 | $1,030,826 | |
| HYAC | Haymaker Acquisition Corp. 4 | 76,631 | $872,060 | |
| DXCM | Dexcom Inc | 13,000 | $862,810 | |
| COLA | Columbus Acquisition Corp/Cayman Islands | 42,518 | $441,676 | |
| CAPN | Cayson Acquisition Corp | 26,875 | $285,950 | |
| CEPT | Cantor Equity Partners II, Inc. | 19,229 | $216,518 | |
| HSPT | Horizon Space Acquisition II Corp. | 15,017 | $158,354 | |
| No positions match the current search. | ||||
200 positions ·
$787,354,783 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Defensive
Financial Services
Healthcare
Industrials
Technology
Showing 1–50
of 200 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DBCA |
D. Boral Acquisition I Corp.
Financial Services
|
NEW | 1,276,329 | $12,584,603 | 1.60% | |
| EVAC |
EQV Ventures Acquisition Corp. II
Financial Services
|
Held | 910,862 | $9,190,597 | 1.17% | |
| MESH |
Meshflow Acquisition Corp
Financial Services
|
NEW | 775,000 | $7,664,750 | 0.97% | |
| WENN |
WEN Acquisition Corp
Financial Services
|
Added | 736,239 | $7,494,913 | 0.95% | |
| ALOV |
Aldabra 4 Liquidity Opportunity Vehicle, Inc.
Financial Services
|
NEW | 750,000 | $7,372,500 | 0.94% | |
| EVOX |
Evolution Global Acquisition Corp
Financial Services
|
Held | 720,988 | $7,181,040 | 0.91% | |
| SDHI |
Siddhi Acquisition Corp (Cayman Islands)
Financial Services
|
Added | 693,837 | $7,174,274 | 0.91% | |
| JACS |
Jackson Acquisition Co II
Financial Services
|
Added | 675,001 | $7,148,260 | 0.91% | |
| HCMA |
Hcm III Acquisition Corp.
Financial Services
|
Added | 703,404 | $7,090,312 | 0.90% | |
| KOYN |
CSLM Digital Asset Acquisition Corp III, Ltd
Financial Services
|
Held | 701,739 | $7,045,459 | 0.89% | |
| AACB |
Artius II Acquisition Inc.
Financial Services
|
Added | 678,671 | $7,017,458 | 0.89% | |
| KFII |
K&F Growth Acquisition Corp. II
Financial Services
|
Added | 671,808 | $7,006,957 | 0.89% | |
| ATII |
Archimedes Tech SPAC Partners II Co.
Financial Services
|
Added | 661,337 | $6,884,518 | 0.87% | |
| NPAC |
New Providence Acquisition Corp. III/Cayman
Financial Services
|
Held | 665,376 | $6,826,757 | 0.87% | |
| GPAT |
GP-Act III Acquisition Corp.
Financial Services
|
Added | 623,267 | $6,756,214 | 0.86% | |
| GTEN |
Gores Holdings X, Inc. / CI
Financial Services
|
Held | 658,063 | $6,738,565 | 0.86% | |
| ALUB |
Alussa Energy Acquisition Corp. II
Financial Services
|
NEW | 675,000 | $6,736,500 | 0.86% | |
| SOUL |
Soulpower Acquisition Corp.
Financial Services
|
Held | 655,635 | $6,720,258 | 0.85% | |
| APXT |
Apex Treasury Corp
Financial Services
|
Held | 675,000 | $6,709,500 | 0.85% | |
| BDCI |
BTC Development Corp.
Financial Services
|
Added | 651,320 | $6,506,686 | 0.83% | |
| GIW |
GigCapital8 Corp.
Financial Services
|
Held | 650,000 | $6,480,500 | 0.82% | |
| TACH |
Titan Acquisition Corp.
Financial Services
|
Held | 625,010 | $6,431,352 | 0.82% | |
| MBVI |
M3-Brigade Acquisition VI Corp.
Financial Services
|
Added | 638,843 | $6,420,372 | 0.82% | |
| OYSE |
Oyster Enterprises II Acquisition Corp
Financial Services
|
Held | 623,741 | $6,343,445 | 0.81% | |
| GSRF |
GSR IV Acquisition Corp.
Financial Services
|
Added | 629,667 | $6,315,560 | 0.80% | |
| CCII |
Cohen Circle Acquisition Corp. II
Financial Services
|
Held | 616,577 | $6,301,416 | 0.80% | |
| SBXE |
SilverBox Corp V
Financial Services
|
NEW | 635,093 | $6,300,122 | 0.80% | |
| TMS |
Teamshares Inc
Financial Services
|
Held | 590,384 | $6,139,993 | 0.78% | |
| CEPF |
Cantor Equity Partners IV, Inc.
Financial Services
|
Added | 600,568 | $6,119,787 | 0.78% | |
| FAC |
Factorial Energy Inc.
Industrials
|
Reduced | 595,296 | $6,104,760 | 0.78% | |
| ZKP |
Lafayette Digital Acquisition Corp. I
Financial Services
|
NEW | 615,000 | $6,063,900 | 0.77% | |
| IRHO |
Iron Horse Acquisition II Corp.
Financial Services
|
NEW | 607,182 | $5,986,814 | 0.76% | |
| LPCV |
Launchpad Cadenza Acquisition Corp I
Financial Services
|
NEW | 600,000 | $5,940,000 | 0.75% | |
| ADAC |
American Drive Acquisition Co
Financial Services
|
NEW | 600,000 | $5,940,000 | 0.75% | |
| COPL |
Copley Acquisition Corp
Financial Services
|
Held | 572,786 | $5,911,151 | 0.75% | |
| NHIC |
NewHold Investment Corp. III
|
Held | 560,971 | $5,817,269 | 0.74% | |
| KCHV |
Kochav Defense Acquisition Corp.
Financial Services
|
Added | 566,346 | $5,805,046 | 0.74% | |
| SIMA |
SIM Acquisition Corp. I
Financial Services
|
Added | 539,443 | $5,782,828 | 0.73% | |
| LWAC |
LightWave Acquisition Corp.
Financial Services
|
Held | 564,160 | $5,754,432 | 0.73% | |
| CRAN |
Crane Harbor Acquisition Corp. II
Financial Services
|
NEW | 580,266 | $5,750,436 | 0.73% | |
| DMII |
Drugs Made In America Acquisition II Corp.
Financial Services
|
Added | 575,721 | $5,739,938 | 0.73% | |
| DMAA |
Drugs Made In America Acquisition Corp.
Financial Services
|
Held | 546,808 | $5,730,547 | 0.73% | |
| VACI |
Viking Acquisition Corp I
Financial Services
|
Held | 575,000 | $5,709,750 | 0.73% | |
| XCBE |
X3 Acquisition Corp. Ltd.
Financial Services
|
NEW | 575,599 | $5,663,894 | 0.72% | |
| AXIN |
Axiom Intelligence Acquisition Corp 1
Financial Services
|
Held | 549,758 | $5,569,048 | 0.71% | |
| KRAQ |
KRAKacquisition Corp
Financial Services
|
NEW | 562,567 | $5,546,910 | 0.70% | |
| CRAQ |
Cal Redwood Acquisition Corp.
Financial Services
|
Held | 545,628 | $5,538,124 | 0.70% | |
| OTGA |
OTG Acquisition Corp. I
Financial Services
|
Held | 550,000 | $5,533,000 | 0.70% | |
| GIX |
GigCapital9 Corp.
Financial Services
|
NEW | 562,114 | $5,525,580 | 0.70% | |
| BIXI |
Bitcoin Infrastructure Acquisition Corp Ltd
Financial Services
|
Held | 556,079 | $5,516,303 | 0.70% |