Sea Cliff Partners Management, LP
SAN FRANCISCO, CA
$226m in 14 US stocks at the end of 30 June 2026. The top 10 are 87.3% of the money. It changed about 23.4% of the portfolio this quarter.
Value
$226m
Stocks
14
Top 10 share
87.3%
Turnover
23.4%
What changed this quarter
New
Bought for the first time this quarter.
- JBT MarelJBTM5.2% of the fund
- CourseraCOUR4.2% of the fund
- ArxisARXS4.0% of the fund
- ToastTOST1.7% of the fund
Added
Bought more of a stock they already held.
- OneMain HoldingsOMF6.6% of the fund+305%
Cut
Sold some of their stake.
- BrightSpring Health ServicesBTSG17.0% of the fund-30%
- Life Time Group HoldingsLTH11.4% of the fund-4%
- Wesco InternationalWCC11.0% of the fund-16%
- OktaOKTA9.7% of the fund-27%
- James Hardie IndustriesJHX7.4% of the fund-11%
- Integer HoldingsITGR7.3% of the fund-6%
- Surgery PartnersSGRY6.3% of the fund-19%
- HexcelHXL5.4% of the fund-38%
- GoDaddyGDDY2.8% of the fund-39%
Sold out
Sold their entire stake.
- Udemy-100%
- Core & MainCNM-100%
- Planet FitnessPLNT-100%
Holdings
- ArxisARXS
- Share
- 4.0%
- Value
- $9m
- Shares
- 195,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BrightSpring Health ServicesBTSG | 17.0% | $38m | 548,934 | -30% |
| Life Time Group HoldingsLTH | 11.4% | $26m | 631,900 | -4% |
| Wesco InternationalWCC | 11.0% | $25m | 72,000 | -16% |
| OktaOKTA | 9.7% | $22m | 160,000 | -27% |
| James Hardie IndustriesJHX | 7.4% | $17m | 640,270 | -11% |
| Integer HoldingsITGR | 7.3% | $17m | 177,113 | -6% |
| OneMain HoldingsOMF | 6.6% | $15m | 242,991 | +305% |
| Surgery PartnersSGRY | 6.3% | $14m | 845,864 | -19% |
| HexcelHXL | 5.4% | $12m | 120,605 | -38% |
| JBT MarelJBTM | 5.2% | $12m | 80,600 | New |
| CourseraCOUR | 4.2% | $9m | 1,681,200 | New |
| ArxisARXS | 4.0% | $9m | 195,000 | New |
| GoDaddyGDDY | 2.8% | $6m | 75,000 | -39% |
| ToastTOST | 1.7% | $4m | 136,264 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 23.1% since 30 June 2025.
Where the money is
Health care30.6%
Industrials25.6%
Technology16.7%
Retail & consumer11.4%
Financial services8.3%
Materials7.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.