What to Know About This Fund’s $8 Million Sprinklr Exit Amid AI Push
Key takeaways
- According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Sea Cliff Partners Management sold its entire holding of 1,334,112 shares of Sprinklr.
- Sea Cliff Partners sold out of Sprinklr, reducing its exposure from 4.4% of 13F AUM in the prior quarter to zero after the trade.
- NASDAQ: BTSG: $33.43 million (17.3% of AUM)
Jonathan Ponciano, The Motley Fool Sun, May 17, 2026 at 12:12 AM GMT+7 4 min read CXM BTSG WCC On May 15, 2026, Sea Cliff Partners Management, LP, fully exited its position in Sprinklr (NYSE:CXM), selling 1,334,112 shares in an estimated $8.28 million trade based on average quarterly pricing.
According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Sea Cliff Partners Management sold its entire holding of 1,334,112 shares of Sprinklr. The estimated transaction value was $8.28 million, calculated using the average closing price from January 1 to March 31, 2026. The net position change for the quarter, including both trading activity and price fluctuation, was a decrease of $10.38 million.
Sea Cliff Partners sold out of Sprinklr, reducing its exposure from 4.4% of 13F AUM in the prior quarter to zero after the trade.