SHENKMAN CAPITAL MANAGEMENT INC
Follow13F filer, CIK 1275228, NEW YORK, NY
SHENKMAN CAPITAL MANAGEMENT INC reported $830,588,265 across 81 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-12. Its ten largest share positions make up 42.03% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001275228-26-000004
- Period
- 2026-03-31
- Reported value
- $831M
- Holdings
- 81
- Top 10 weight
- 42.03%
- New
- 17
- Sold out
- 33
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| USHYadded | +426,498 | $16M |
| SJNKadded | +559,185 | $13.9M |
| WHIRLPOOL CORPnew | +150,000 | $6.12M |
| ONITnew | +76,885 | $3.16M |
| TLTnew | +18,335 | $2.32M |
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 |
|---|---|---|
| BKLNreduced | -971,395 | -$20.3M |
| TETRA TECH INC NEWexited | -8,656,000 | -$9.75M |
| CCOexited | -2,954,589 | -$6.53M |
| OPTUexited | -863,189 | -$1.44M |
| LIBERTY INTERACTIVE LLCexited | -11,248,000 | -$947K |
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, Q1 2026
Share positions as resolved from 13F-HR 0001275228-26-000004, largest first. % of portfolio is the value over $830,588,265, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| USHYISHARES TR | 1,706,723 | $64.2M | 7.72% | +426,498 | Timeline | ||
| SJNKSPDR SERIES TRUST | 2,002,325 | $49.8M | 6% | +559,185 | Timeline | ||
| BKLNINVESCO EXCH TRADED FD TR II | 1,918,265 | $40.2M | 4.84% | -971,395 | Timeline | ||
| WHIRLPOOL CORPWHIRLPOOL CORP | 150,000 | $6.12M | 0.74% | new | |||
| ONITONITY GROUP INC | 76,885 | $3.16M | 0.38% | new | Timeline | ||
| TLTISHARES TR | 18,335 | $2.32M | 0.28% | new | Timeline | ||
| GMEWSGAMESTOP CORP NEW | 19,614 | $76.6K | 0.01% | 0 | Timeline |
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 |
|---|---|---|---|---|
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 53,491,000 | $47.9M | -3,284,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 26,679,000 | $31.1M | +11,119,000 |
| STRATEGY INCSTRATEGY INC NOTE12/0 | principal | 31,554,000 | $26.3M | +12,554,000 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 23,519,000 | $23.3M | +14,000,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 19,511,000 | $22.4M | +7,914,000 |
| SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC NOTE 3.500% 3/0 | principal | 27,093,000 | $22.2M | +3,300,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 21,920,000 | $21.8M | +5,000,000 |
| VARONIS SYS INCVARONIS SYS INC NOTE 1.000% 9/1 | principal | 24,572,000 | $21.5M | +8,972,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 19,867,000 | $19.2M | -1,650,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 20,424,000 | $18.2M | +900,000 |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 17,094,000 | $17.4M | -10,911,000 |
| BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0 | principal | 17,466,000 | $16.8M | +500,000 |
| DATADOG INCDATADOG INC NOTE 12/0 | principal | 15,812,000 | $15.5M | -3,200,000 |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 12,346,000 | $14.9M | -550,000 |
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 10,526,000 | $14.6M | -600,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 9,662,000 | $12.4M | +3,000,000 |
| AEROVIRONMENT INCAEROVIRONMENT INC NOTE 7/1 | principal | 11,918,000 | $11.9M | +7,500,000 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP DBCV 1.875% 3/1 | principal | 11,912,000 | $11.6M | new |
| REDFIN CORPREDFIN CORP NOTE 0.500% 4/0 | principal | 11,992,000 | $11.5M | -49,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 11,364,000 | $11.3M | +1,250,000 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC NOTE 1.250%11/0 | principal | 10,758,000 | $10.9M | +5,000,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 10,437,000 | $10.2M | +3,000,000 |
| NUTANIX INCNUTANIX INC NOTE 0.500%12/1 | principal | 10,999,000 | $10.2M | +250,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1 | principal | 9,800,000 | $9.59M | new |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 8,656,000 | $9.34M | new |
| ARROWHEAD PHARMACEUTICALS INARROWHEAD PHARMACEUTICALS IN Convertible | principal | 8,705,000 | $9.18M | new |
| UNITI GROUP LLCUNITI GROUP LLC COM | principal | 7,120,000 | $9.17M | -16,195,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 6,330,000 | $8.86M | -1,868,000 |
| CHEESECAKE FACTORY INCCHEESECAKE FACTORY INC NOTE 2.000% 3/1 | principal | 8,293,000 | $8.62M | new |
| ITRON INCITRON INC NOTE 1.375% 7/1 | principal | 8,322,000 | $8.59M | -300,000 |
| NORTHERN OIL & GAS INCNORTHERN OIL & GAS INC NOTE 3.625% 4/1 | principal | 7,339,000 | $8.35M | 0 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 8,489,000 | $8.25M | -40,000 |
| FLUENCE ENERGY INCFLUENCE ENERGY INC NOTE 2.250% 6/1 | principal | 8,000,000 | $8.21M | +3,000,000 |
| PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV | principal | 7,000,000 | $8.19M | new |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 5,839,000 | $8.05M | -500,000 |
| JD.COM INCJD.COM INC NOTE 0.250% 6/0 | principal | 7,693,000 | $7.61M | -7,056,000 |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 7,163,000 | $7.27M | +5,380,000 |
| LYFT INCLYFT INC Convertible | principal | 6,801,000 | $7M | +5,000,000 |
| POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1 | principal | 5,765,000 | $6.35M | +350,000 |
| SYNAPTICS INCSYNAPTICS INC NOTE 0.750%12/0 | principal | 5,922,000 | $6.26M | 0 |
| RAMACO RES INCRAMACO RES INC NOTE 11/0 | principal | 7,567,000 | $5.86M | new |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1 | principal | 4,853,000 | $5.69M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN Convertible | principal | 4,761,000 | $5.29M | -800,000 |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 4,599,000 | $5.15M | -10,024,000 |
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 5,000,000 | $5.09M | new |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 3,995,000 | $4.82M | +1,249,000 |
| IRHYTHM HOLDINGS INCIRHYTHM HOLDINGS INC NOTE 1.500% 9/0 | principal | 4,000,000 | $4.46M | new |
| ALKAMI TECHNOLOGY INCALKAMI TECHNOLOGY INC NOTE 1.500% 3/1 | principal | 4,841,000 | $4.44M | new |
| ALIGNMENT HEALTHCARE INCALIGNMENT HEALTHCARE INC NOTE 4.250%11/1 | principal | 2,954,000 | $4.32M | -2,000,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 3,599,000 | $4.23M | 0 |
| LCI INDSLCI INDS Convertible | principal | 3,392,000 | $4.15M | new |
| PENGUIN SOLUTIONS INCPENGUIN SOLUTIONS INC NOTE 2.000% 8/1 | principal | 4,000,000 | $4.11M | new |
| SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1 | principal | 3,593,000 | $4.04M | -1,500,000 |
| BOX INCBOX INC NOTE 1.500% 9/1 | principal | 4,091,000 | $3.74M | -4,000,000 |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 1.000%11/1 | principal | 5,000,000 | $3.65M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 2,924,000 | $3.57M | -100,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 2,382,000 | $3.38M | +600,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 3,226,000 | $3.22M | +800,000 |
| ALPHATEC HLDGS INCALPHATEC HLDGS INC NOTE 0.750% 3/1 | principal | 2,634,000 | $2.76M | new |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertible | principal | 2,036,000 | $2.55M | -300,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 1,050,000 | $2.53M | -2,486,000 |
| MKS INC.MKS INC. NOTE 1.250% 6/0 | principal | 1,259,000 | $2.09M | -9,724,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 1,975,000 | $1.96M | -2,000,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 1,503,000 | $1.86M | -7,559,000 |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0 | principal | 1,873,000 | $1.81M | +550,000 |
| T1 ENERGY INCT1 ENERGY INC NOTE 5.250%12/0 | principal | 1,650,000 | $1.78M | +150,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 1,726,000 | $1.61M | -550,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 1,013,000 | $1.21M | 0 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1 | principal | 1,083,000 | $1.13M | -150,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 639,000 | $780K | 0 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 377,000 | $456K | 0 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 376,000 | $423K | -10,331,000 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 264,000 | $280K | -7,795,000 |
| NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1 | principal | 300,000 | $275K | 0 |
Sold out in Q1 2026
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW | 24,688,000 | $25.9M | principal |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC | 16,732,000 | $16.2M | principal |
| ITRON INCITRON INC | 15,671,000 | $15.5M | principal |
| ENOVIS CORPORATIONENOVIS CORPORATION | 12,112,000 | $12.2M | principal |
| SABRE GLBL INCSABRE GLBL INC | 10,775,000 | $11.3M | principal |
| TYLER TECHNOLOGIES INCTYLER TECHNOLOGIES INC | 10,129,000 | $10.5M | principal |
| GREENBRIER COS INCGREENBRIER COS INC | 9,047,000 | $9.96M | principal |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC | 9,408,000 | $9.77M | principal |
| TETRA TECH INC NEWTETRA TECH INC NEW | 8,656,000 | $9.75M | shares |
| LIVANOVA PLCLIVANOVA PLC | 7,969,000 | $9.47M | principal |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC | 7,947,000 | $8.31M | principal |
| SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC | 7,500,000 | $8.26M | principal |
| VERTEX INCVERTEX INC | 7,973,000 | $7.74M | principal |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC | 5,481,000 | $7.59M | principal |
| WORKIVA INCWORKIVA INC | 7,357,000 | $7.45M | principal |
| CCOCLEAR CHANNEL OUTDOOR HLDGS | 2,954,589 | $6.53M | shares |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC | 4,840,000 | $4.83M | principal |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC | 3,250,000 | $3.25M | principal |
| MARA HOLDINGS INCMARA HOLDINGS INC | 3,807,000 | $3.21M | principal |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP | 1,932,000 | $2.74M | principal |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP | 2,025,000 | $2.13M | principal |
| FORD MOTOR COMPANYFORD MOTOR COMPANY | 1,835,000 | $1.91M | principal |
| OPTUOPTIMUM COMMUNICATIONS INC | 863,189 | $1.44M | shares |
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC | 11,248,000 | $947K | shares |
| MARA HOLDINGS INCMARA HOLDINGS INC | 1,088,000 | $858K | principal |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S | 439,000 | $626K | principal |
| H WORLD GROUP LTDH WORLD GROUP LTD | 404,000 | $517K | principal |
| BENTLEY SYS INCBENTLEY SYS INC | 525,000 | $496K | principal |
| CYTOKINETICS INCCYTOKINETICS INC | 339,000 | $489K | principal |
| AFFIRM HLDGS INCAFFIRM HLDGS INC | 327,000 | $363K | principal |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP | 325,000 | $325K | principal |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP | 188,000 | $184K | principal |
| MARRIOTT VACATION WORLDWMARRIOTT VACATION WORLDW | 78,000 | $77.9K | principal |
How Q1 2026 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 0001275228-26-000004 | base | 2026-05-12 | acceptance time not in the bulk data set |