Form 13-F position report

SEA LTD

Reported by STEELHEAD PARTNERS LLC

Manager portfolio Source filing
SEALTD 0.25 09/15/26 CUSIP 81141RAG5 Manager CIK 0001133521
Latest reported change

Reported 76,549,000 shares, down 54,451,000 (41.6%) from the prior quarter.

Reported value -41.1%; share count -41.6% vs. the prior quarter.

Reduced
% of reported 13F value 3.64% This manager · Q2 2025
Shares 76,549,000 Quarter-end amount reported
Reported value $72,307,037 Fair value at quarter end
Consecutive quarters held 11 Through Q2 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Manager history

Quarterly position history

How this manager's reported quarter-end position changed over time.

18 quarters
Quarter Activity Shares Change % of reported 13F Reported value Filed
Q1 2026 Reduced 0 -45,000,000 (-100.0%) 0 $0 2026-05-13
Q4 2025 Reduced 45,000,000 -25,000,000 (-35.7%) 3.23% $43,706,250 2026-02-13
Q3 2025 Reduced 70,000,000 -6,549,000 (-8.6%) 4.04% $67,326,350 2025-11-14
Q2 2025 Reduced 76,549,000 -54,451,000 (-41.6%) 3.64% $72,307,037 2025-08-14
Q1 2025 Reduced 131,000,000 -1,000,000 (-0.8%) 7.07% $122,662,505 2025-05-15
Q4 2024 Unchanged 132,000,000 0 (0.0%) 6.03% $119,939,820 2025-02-18
Q3 2024 Unchanged 132,000,000 0 (0.0%) 6.14% $119,390,700 2024-11-14
Q2 2024 Unchanged 132,000,000 0 (0.0%) 5.97% $115,044,600 2024-08-14
Q1 2024 Added 132,000,000 +16,940,000 (14.7%) 5.95% $113,204,520 2024-05-15
Q4 2023 Added 115,060,000 +5,060,000 (4.6%) 4.92% $94,853,163 2024-02-14
Q3 2023 Added 110,000,000 +5,000,000 (4.8%) 5.15% $87,939,500 2023-11-14
Q2 2023 Added 105,000,000 +36,180,000 (52.6%) 5.34% $84,283,500 2023-08-14
Q1 2023 Added 68,820,000 +36,320,000 (111.8%) 3.54% $54,382,252 2023-05-15
Q4 2022 New 32,500,000 +32,500,000 (0.0%) 1.75% $24,001,738 2023-02-14
Q2 2022 Reduced 0 -55,500,000 (-100.0%) 0 $0 2022-08-16
Q1 2022 Unchanged 55,500,000 0 (0.0%) 3.07% $44,598,000 2022-05-16
Q4 2021 Added 55,500,000 +5,500,000 (11.0%) 3.78% $51,083,000 2022-02-14
Q3 2021 New 50,000,000 +50,000,000 (0.0%) 3.8% $50,694,000 2021-10-07
Institutional context

Who else reported the position

53 managers reported SEA LTD for Q2 2025.

Manager Activity Shares Change % of reported 13F Reported value Tenure
Voya Investment Management LLC Unchanged 176,110,000 0 0.17% $166,512,005 12 qtrs
MARSHALL WACE LLP Unchanged 115,000,000 0 0.12% $108,629,000 16 qtrs
MILLENNIUM MANAGEMENT LLC Unchanged 0 0 0.04% $89,171,106 16 qtrs
D E Shaw & Co Inc Reduced 90,500,000 -9,500,000 0.06% $85,503,901 16 qtrs
Calamos Advisors LLC Reduced 80,040 -31,000 0.3% $75,604,984 16 qtrs
STEELHEAD PARTNERS LLC This report Reduced 76,549,000 -54,451,000 3.64% $72,307,037 11 qtrs
Verition Fund Management LLC Added 47,500,000 +47,455,000 0.2% $44,911,250 16 qtrs
DeepCurrents Investment Group LLC Unchanged 42,500,000 0 1.34% $40,162,500 3 qtrs
LORD ABBETT & CO LLC Added 38,899,000 +24,496,000 0.12% $36,744,000 2 qtrs
Opti Capital Management LP New 38,412,000 +38,412,000 2.06% $36,318,546 1 qtr
A free account expands this comparison to 25 managers. Create free account
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
June 30, 2025
Filed
August 14, 2025
Filing type
13F-HR
Position type
NOTE 0.250% 9/1

Voting authority reported

Sole
76,549,000
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.