Funds (13F)
Steelhead Partners LLC
Backtest from 27 Sept 2013 to 2 Nov 2026 · weekly · hypothetical
- Return a year
- −1.3% S&P 500 +14.0%
- Last 12 months
- −18.8% S&P 500 +12.1%
- Sharpe ratio
- 0.13 S&P 500 0.77
- Biggest drop
- −84.7% S&P 500 −31.8%
About
Copies Steelhead Partners LLC's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.
Key statistics
| Measure | Strategy | S&P 500 |
|---|---|---|
| Return a year (compound) | −1.3% | +14.0% |
| Total return | −15% | +457% |
| Last 12 months | −18.8% | +12.1% |
| Last 3 months | +22.1% | — |
| Last month | −26.9% | — |
| This year so far | −4.9% | — |
| Volatility a year | 43.8% | 16.0% |
| Sharpe ratio | 0.13 | 0.77 |
| Biggest drop | −84.7% | −31.8% |
| Beta to the S&P 500 | 1.15 | 1.00 |
| Alpha a year (t-statistic) | −8.5% (−0.77) | — |
| Share of weeks up | 40% | — |
Insights
| Period | Return a year | S&P 500 | Sharpe | S&P 500 | Biggest drop | Beta | Alpha (t) |
|---|---|---|---|---|---|---|---|
| Whole backtest27 Sept 2013 to 2 Nov 2026 | −1.3% | +14.0% | 0.13 | 0.77 | −84.7% | 1.15 | −8.5% (−0.77) |
| 2018 onwards5 Jan 2018 to 2 Nov 2026 | −4.0% | +13.9% | 0.08 | 0.66 | −84.7% | 1.04 | −8.3% (−0.55) |
| Last three years3 Nov 2023 to 2 Nov 2026 | −14.8% | +21.8% | −0.03 | 1.16 | −68.8% | 1.69 | −28.8% (−0.81) |
| Last year7 Nov 2025 to 2 Nov 2026 | −13.3% | +14.2% | 0.23 | 0.84 | −50.5% | 4.81 | −24.9% (−0.30) |