SHENKMAN CAPITAL MANAGEMENT INC
Follow13F filer, CIK 1275228, NEW YORK, NY
SHENKMAN CAPITAL MANAGEMENT INC reported $1,139,162,116 across 99 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-10. Its ten largest share positions make up 30.65% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-000929
- Period
- 2024-12-31
- Reported value
- $1.14B
- Holdings
- 99
- Top 10 weight
- 30.65%
- New
- 9
- Sold out
- 20
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CCOadded | +750,000 | $1.03M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| USHYreduced | -1,540,239 | -$85.7M |
| BKLNreduced | -1,108,487 | -$23.6M |
| SMCreduced | -196,574 | -$7.43M |
| LIBERTY INTERACTIVE LLCexited | -7,000,000 | -$2.48M |
| LIBERTY INTERACTIVE LLCreduced | -5,000,000 | -$1.57M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2024
Share positions as resolved from 13F-HR 0001085146-25-000929, largest first. % of portfolio is the value over $1,139,162,116, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| BKLNINVESCO EXCH TRADED FD TR II | 1,075,613 | $22.9M | 2.01% | -1,108,487 | Timeline | ||
| TREELENDINGTREE INC | 381,967 | $14.8M | 1.3% | -35,412 | Timeline | ||
| TETRA TECH INC NEWTETRA TECH INC NEW | 7,619,000 | $9.36M | 0.82% | -16,000 | |||
| SMCSUMMIT MIDSTREAM CORPORATION | 219,707 | $8.3M | 0.73% | -196,574 | Timeline | ||
| USHYISHARES TR | 72,850 | $4.05M | 0.36% | -1,540,239 | Timeline | ||
| CCOCLEAR CHANNEL OUTDOOR HLDGS | 2,954,589 | $4.05M | 0.36% | +750,000 | Timeline | ||
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC | 12,157,000 | $3.82M | 0.34% | -5,000,000 | |||
| NRG ENERGY INCNRG ENERGY INC | 1,201,000 | $2.64M | 0.23% | 0 | |||
| SJNKSPDR SERIES TRUST | 42,040 | $1.06M | 0.09% | 0 | Timeline | ||
| WW INTL INCWW INTL INC | 557,118 | $708K | 0.06% | 0 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO NOTE 1.250% 5/0 | principal | 42,937,000 | $44.6M | -3,528,000 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 43,423,000 | $43M | +29,360,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 37,593,000 | $38.8M | +9,452,000 |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 35,022,000 | $34.2M | +3,809,000 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 38,236,000 | $34.1M | -14,741,000 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 30,355,515 | $32.4M | new |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 37,789,000 | $32.1M | +5,975,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 29,981,000 | $31.8M | +5,733,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 33,227,000 | $29.4M | +384,000 |
| SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0 | principal | 25,879,000 | $28.6M | +2,013,000 |
| ETSY INCETSY INC NOTE 0.125%10/0 | principal | 24,723,000 | $24.5M | +3,648,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 21,019,000 | $22.1M | +5,876,000 |
| DATADOG INCDATADOG INC NOTE 0.125% 6/1 | principal | 13,760,000 | $22.1M | +2,412,000 |
| INSULET CORPINSULET CORP NOTE 0.375% 9/0 | principal | 16,863,000 | $22M | -1,124,000 |
| ZSCALER INCZSCALER INC NOTE 0.125% 7/0 | principal | 15,716,000 | $20.3M | +2,647,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 19,502,000 | $19.9M | +14,082,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 18,647,000 | $19.3M | +1,057,000 |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 16,996,000 | $19M | +8,870,000 |
| Shift4 Payments IncShift4 Payments Inc Convertible bond | principal | 13,563,000 | $18.8M | +4,178,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 15,779,000 | $17.5M | +1,660,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 18,909,000 | $17.5M | -17,527,000 |
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1 | principal | 15,738,000 | $17.4M | +1,606,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 17,521,000 | $17.1M | -5,778,000 |
| NCL CORP LTDNCL CORP LTD BOND | principal | 15,478,000 | $16.7M | +1,940,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 16,563,000 | $16.5M | +1,968,000 |
| TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC NOTE 0.250% 3/1 | principal | 12,603,000 | $15.8M | +2,134,000 |
| SABRE GLBL INCSABRE GLBL INC BOND | principal | 15,768,000 | $15.6M | +2,337,000 |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 16,048,000 | $15.6M | +4,567,000 |
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 13,178,000 | $15.3M | +2,702,000 |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 13,608,000 | $14.3M | -57,000 |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC NOTE 3.750% 3/1 | principal | 12,855,000 | $14M | +3,304,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 9,498,000 | $13.7M | -10,611,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 11,950,000 | $13.6M | +6,380,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 12,527,000 | $13.4M | -8,725,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 10,449,000 | $12.4M | +735,000 |
| GREENBRIER COS INCGREENBRIER COS INC NOTE 2.875% 4/1 | principal | 9,716,000 | $12.2M | -221,000 |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 11,308,000 | $11.7M | +294,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 10,105,000 | $11.6M | +1,262,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 11,896,000 | $11.4M | +1,249,000 |
| PATRICK INDS INCPATRICK INDS INC NOTE 1.750%12/0 | principal | 7,941,000 | $11.2M | +6,106,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 9,038,000 | $10.3M | +1,038,000 |
| POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1 | principal | 8,233,000 | $10.1M | +178,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 10,225,000 | $9.92M | -1,890,000 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 12,000,000 | $9.86M | +2,000,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 7,348,000 | $9.22M | -1,367,000 |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 5,834,000 | $8.39M | +5,165,000 |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 8,314,000 | $8.19M | +2,355,000 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 4,869,000 | $8.06M | +238,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1 | principal | 6,205,000 | $7.94M | +206,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 6,832,000 | $7.83M | new |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 7,050,000 | $7.78M | new |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 5,964,000 | $7.74M | new |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 6,198,000 | $7.71M | -5,666,000 |
| MARRIOTT VACATION WORLDWMARRIOTT VACATION WORLDW NOTE 1/1 | principal | 7,879,000 | $7.53M | -983,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 7,362,000 | $7.15M | +1,992,000 |
| ALTAIR ENGR INCALTAIR ENGR INC BOND | principal | 4,260,000 | $6.92M | -3,130,000 |
| ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1 | principal | 6,185,000 | $6.87M | new |
| NUTANIX INCNUTANIX INC Convertible | principal | 5,383,000 | $6.78M | +1,683,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 | principal | 6,814,000 | $6.72M | -16,475,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 6,050,000 | $6.61M | new |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 4,783,000 | $6.57M | new |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 8,550,000 | $6.34M | -1,973,000 |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 5,626,000 | $5.96M | +1,081,000 |
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1 | principal | 5,173,000 | $5.91M | +4,030,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 5,666,000 | $5.13M | +1,366,000 |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 5,137,000 | $4.79M | +5,000,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 4,199,000 | $4.44M | new |
| SNAP INCSNAP INC NOTE 5/0 | principal | 4,941,000 | $4.3M | 0 |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S Convertible bond | principal | 3,726,000 | $4.27M | +3,126,000 |
| EURONET WORLDWIDE INCEURONET WORLDWIDE INC NOTE 0.750% 3/1 | principal | 3,006,000 | $2.99M | -27,000 |
| AXON ENTERPRISE INCAXON ENTERPRISE INC NOTE 0.500%12/1 | principal | 1,052,000 | $2.82M | -5,365,000 |
| BURLINGTON STORES INCBURLINGTON STORES INC NOTE 1.250%12/1 | principal | 1,510,000 | $2.35M | +115,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 2,445,000 | $2.21M | new |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 1,842,000 | $1.72M | -11,062,000 |
| CHEFS WHSE INCCHEFS WHSE INC NOTE 2.375%12/1 | principal | 1,255,000 | $1.62M | -44,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 446,000 | $615K | 0 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 540,000 | $572K | 0 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 400,000 | $483K | 0 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 352,000 | $362K | 0 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 4.625% 3/1 | principal | 267,000 | $273K | 0 |
| VERINT SYSTEMS INCVERINT SYSTEMS INC BOND | principal | 169,000 | $159K | 0 |
| JAMF HLDG CORPJAMF HLDG CORP NOTE 0.125% 9/0 | principal | 121,000 | $111K | 0 |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 66,000 | $106K | -11,157,000 |
| IMAX CORPIMAX CORP NOTE 0.500% 4/0 | principal | 90,000 | $96.1K | -9,457,000 |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 101,000 | $95.2K | -10,000 |
| CHEESECAKE FACTORY INCCHEESECAKE FACTORY INC NOTE 0.375% 6/1 | principal | 64,000 | $63.2K | 0 |
| IONIS PHARMACEUTICALS INIONIS PHARMACEUTICALS IN NOTE 4/0 | principal | 63,000 | $60.9K | -27,897,000 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 50,000 | $48.3K | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 25,000 | $32.8K | 0 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| WOLFSPEED INCWOLFSPEED INC | 38,523,000 | $27.6M | principal |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD | 18,666,000 | $19.1M | principal |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN | 12,864,000 | $14.2M | principal |
| ZILLOW GROUP INCZILLOW GROUP INC | 9,216,000 | $13.9M | principal |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 14,598,000 | $12.7M | principal |
| MICROSTRATEGY INCMICROSTRATEGY INC | 8,450,000 | $11.5M | principal |
| PERFICIENT INCPERFICIENT INC | 10,587,000 | $10.4M | principal |
| SNAP INCSNAP INC | 11,984,000 | $9.63M | principal |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 8,750,000 | $7.12M | principal |
| ENPHASE ENERGY INCENPHASE ENERGY INC | 7,497,000 | $6.72M | principal |
| SABRE GLBL INCSABRE GLBL INC | 3,258,000 | $3.76M | principal |
| TripAdvisor IncTripAdvisor Inc | 4,017,000 | $3.75M | principal |
| BOOKING HOLDINGS INCBOOKING HOLDINGS INC | 1,517,000 | $3.4M | principal |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW | 2,901,000 | $2.55M | principal |
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC | 7,000,000 | $2.48M | shares |
| STRIDE INCSTRIDE INC | 1,357,000 | $2.34M | principal |
| PEGASYSTEMS INCPEGASYSTEMS INC | 2,015,000 | $1.98M | principal |
| INTERDIGITAL INCINTERDIGITAL INC | 1,043,000 | $1.95M | principal |
| DEXCOM INCDEXCOM INC | 663,000 | $633K | principal |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 485,000 | $542K | principal |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001085146-25-000929 | base | 2025-02-10 | acceptance time not in the bulk data set |