Q1 2025 · 13F-HR
SHENKMAN CAPITAL MANAGEMENT INCholdings as filed
Filed 2025-05-14 · accession 0001085146-25-003137
$983.7M
Reported value
126
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY INC | $57.3M | 5.83% | 67,181,000 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $56.2M | 5.71% | 2,724,105 | Common | SOLE |
| 278768AB2 | SATS 3.875 11/30/30 | ECHOSTAR CORP | $42.5M | 4.32% | 37,465,634 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES INC | $25.3M | 2.58% | 26,039,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES INC | $24.2M | 2.46% | 19,584,000 | Common | SOLE |
| 25402DAB8 | DOCN 0 12/01/26 | DIGITALOCEAN HLDGS INC | $20.8M | 2.11% | 22,294,000 | Common | SOLE |
| 19260QAB3 | COIN 0.5 06/01/26 | COINBASE GLOBAL INC | $20.3M | 2.07% | 20,706,000 | Common | SOLE |
| 46435U853 | USHY | ISHARES TR | $18.0M | 1.83% | 495,850 | Common | SOLE |
| 87918AAF2 | TDOC 1.25 06/01/27 | TELADOC HEALTH INC | $17.4M | 1.77% | 18,769,000 | Common | SOLE |
| 37940XAU6 | GPN 1.5 03/01/31 | GLOBAL PMTS INC | $16.7M | 1.70% | 17,271,000 | Common | SOLE |
| 78573NAE2 | SABHLD 4 04/15/25 | SABRE GLBL INC | $16.3M | 1.66% | 15,994,000 | Common | SOLE |
| 94419LAF8 | W 1 08/15/26 | WAYFAIR INC | $14.2M | 1.45% | 15,139,000 | Common | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $13.9M | 1.41% | 13,742,000 | Common | SOLE |
| 465741AN6 | ITRI 0 03/15/26 | ITRON INC | $13.7M | 1.39% | 13,252,000 | Common | SOLE |
| 70202LAD4 | PSN 2.625 03/01/29 | PARSONS CORP DEL | $13.5M | 1.38% | 13,015,000 | Common | SOLE |
| 462222AF7 | IONS 1.75 06/15/28 | IONIS PHARMACEUTICALS INC | $13.5M | 1.37% | 13,424,000 | Common | SOLE |
| 55024UAF6 | LITE 0.5 06/15/28 | LUMENTUM HLDGS INC | $13.4M | 1.36% | 14,457,000 | Common | SOLE |
| 09709UV70 | BAC 0.6 05/25/27 MTN | BOFA FIN LLC | $12.7M | 1.29% | 12,416,000 | Common | SOLE |
| 125896BX7 | CMS 3.375 05/01/28 | CMS ENERGY CORP | $12.5M | 1.27% | 10,938,000 | Common | SOLE |
| 902252AB1 | TYL 0.25 03/15/26 | TYLER TEX INDPT SCH DIST | $12.4M | 1.26% | 9,915,000 | Common | SOLE |
| 30034WAD8 | EVRG 4.5 12/15/27 | EVERGY INC | $12.3M | 1.25% | 10,093,000 | Common | SOLE |
| 52603B107 | TREE | LENDINGTREE INC NEW | $11.8M | 1.20% | 234,967 | Common | SOLE |
| 65339KCY4 | NEE 3 03/01/27 | NEXTERA ENERGY CAP HLDGS INC | $11.4M | 1.16% | 9,652,000 | Common | SOLE |
| 007973AE0 | AEIS 2.5 09/15/28 | ADVANCED ENERGY INDS | $10.7M | 1.09% | 10,145,000 | Common | SOLE |
| 682189AS4 | ON 0 05/01/27 | ON SEMICONDUCTOR CORP | $10.6M | 1.08% | 9,674,000 | Common | SOLE |
| 40131MAB5 | GH 0 11/15/27 | GUARDANT HEALTH INC | $10.6M | 1.07% | 11,886,000 | Common | SOLE |
| 88162GAB9 | TTEK 2.25 08/15/28 | TETRA TECH INC NEW | $10.1M | 1.03% | 9,342,000 | Common | SOLE |
| 02043QAB3 | ALNY 1 09/15/27 | ALNYLAM PHARMACEUTICALS INC | $10.0M | 1.01% | 8,449,000 | Common | SOLE |
| 94419LAR2 | W 3.5 11/15/28 | WAYFAIR INC | $10.0M | 1.01% | 8,918,000 | Common | SOLE |
| 81180WBL4 | STX 3.5 06/01/28 | SEAGATE HDD CAYMAN | $9.8M | 0.99% | 7,925,000 | Common | SOLE |
| 82452JAB5 | FOUR 0 12/15/25 | SHIFT4 PMTS INC | $9.7M | 0.98% | 8,182,000 | Common | SOLE |
| 686688AB8 | ORA 2.5 07/15/27 | ORMAT TECHNOLOGIES INC | $9.6M | 0.98% | 8,963,000 | Common | SOLE |
| 40637HAF6 | HALO 1 08/15/28 | HALOZYME THERAPEUTICS INC | $9.4M | 0.96% | 7,151,000 | Common | SOLE |
| 928298AR9 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLOGY INC | $9.4M | 0.95% | 10,162,000 | Common | SOLE |
| 84921RAB6 | SPOT 0 03/15/26 | SPOTIFY USA INC | $9.3M | 0.94% | 7,596,000 | Common | SOLE |
| 53802LAB8 | LIVN 2.5 03/15/29 | LIVANOVA PLC | $9.2M | 0.94% | 9,258,000 | Common | SOLE |
| 55087PAD6 | LYFT 0.625 03/01/29 | LYFT INC | $9.0M | 0.91% | 8,908,000 | Common | SOLE |
| 98139AAD7 | WK 1.25 08/15/28 | WORKIVA INC | $9.0M | 0.91% | 9,255,000 | Common | SOLE |
| 55024UAH2 | LITE 1.5 12/15/29 | LUMENTUM HLDGS INC | $8.9M | 0.90% | 7,310,000 | Common | SOLE |
| 531229AP7 | SIRI 3.75 03/15/28 | LIBERTY MEDIA CORP DEL | $8.7M | 0.89% | 8,096,000 | Common | SOLE |
| 450056AB2 | IRTC 1.5 09/01/29 | IRHYTHM TECHNOLOGIES INC | $8.7M | 0.89% | 8,081,000 | Common | SOLE |
| 531229AQ5 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | $8.7M | 0.89% | 6,975,000 | Common | SOLE |
| 92277GAZ0 | VTR 3.75 06/01/26 | VENTAS RLTY LTD PARTNERSHIP | $8.7M | 0.89% | 6,614,000 | Common | SOLE |
| 875372AD6 | TNDM 1.5 03/15/29 2024 | TANDEM DIABETES CARE INC | $8.7M | 0.88% | 8,879,000 | Common | SOLE |
| 345370CZ1 | F 0 03/15/26 | FORD MTR CO | $8.5M | 0.86% | 8,656,000 | Common | SOLE |
| 26441CBY0 | DUK 4.125 04/15/26 | DUKE ENERGY CORP NEW | $8.4M | 0.86% | 7,457,000 | Common | SOLE |
| 737446AT1 | POST 2.5 08/15/27 | POST HLDGS INC | $8.4M | 0.85% | 6,878,000 | Common | SOLE |
| 23282WAC4 | CYTK 3.5 07/01/27 | CYTOKINETICS INC | $8.3M | 0.85% | 6,950,000 | Common | SOLE |
| 759916AD1 | RGEN 1 12/15/28 | REPLIGEN CORP | $8.3M | 0.85% | 8,179,000 | Common | SOLE |
| 194014AB2 | ENOV 3.875 10/15/28 | ENOVIS CORPORATION | $8.1M | 0.83% | 7,519,000 | Common | SOLE |
| 89377MAB5 | TMDX 1.5 06/01/28 | TRANSMEDICS GROUP INC | $7.8M | 0.80% | 7,005,000 | Common | SOLE |
| 393657AM3 | GBX 2.875 04/15/28 | GREENBRIER COS INC | $7.7M | 0.78% | 6,667,000 | Common | SOLE |
| 343412AJ1 | FLR 1.125 08/15/29 | FLUOR CORP | $7.3M | 0.74% | 6,532,000 | Common | SOLE |
| 89422GAA5 | TVTX 2.25 03/01/29 | TRAVERE THERAPEUTICS INC | $7.2M | 0.73% | 6,874,000 | Common | SOLE |
| 50202MAB8 | LI 0.25 05/01/28 | LI AUTO INC | $7.1M | 0.72% | 6,006,000 | Common | SOLE |
| 78468R408 | SJNK | SPDR SER TR | $7.0M | 0.72% | 280,040 | Common | SOLE |
| 665531AJ8 | NOG 3.625 04/15/29 | NORTHERN OIL & GAS INC | $7.0M | 0.71% | 6,291,000 | Common | SOLE |
| 15189TBD8 | CNP 4.25 08/15/26 | CENTERPOINT ENERGY INC | $6.8M | 0.70% | 6,060,000 | Common | SOLE |
| 40131MAD1 | GH 1.25 02/15/31 | GUARDANT HEALTH INC | $6.8M | 0.69% | 6,347,000 | Common | SOLE |
| 29786AAJ5 | ETSY 0.125 10/01/26 | ETSY INC | $6.7M | 0.68% | 6,966,000 | Common | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAMAI TECHNOLOGIES INC | $6.5M | 0.66% | 6,624,000 | Common | SOLE |
| 98149GAB6 | WKC 3.25 07/01/28 | WORLD KINECT CORPORATION | $6.4M | 0.65% | 5,310,000 | Common | SOLE |
| 126349AH2 | CSGS 3.875 09/15/28 | CSG SYS INTL INC | $6.3M | 0.65% | 5,647,000 | Common | SOLE |
| 04351PAD3 | ASND 2.25 04/01/28 | ASCENDIS PHARMA A/S | $6.3M | 0.64% | 5,074,000 | Common | SOLE |
| 62957HAL9 | NBR 1.75 06/15/29 | NABORS INDS INC | $6.0M | 0.61% | 8,700,000 | Common | SOLE |
| 69352PAS2 | PPL 2.875 03/15/28 | PPL CAP FDG INC | $5.8M | 0.59% | 4,948,000 | Common | SOLE |
| 893830BW8 | — | TRANSOCEAN INC | $5.7M | 0.58% | 4,525,000 | Common | SOLE |
| 596278AB7 | MIDD 1 09/01/25 | MIDDLEBY CORP | $5.6M | 0.57% | 4,484,000 | Common | SOLE |
| 743312AB6 | PRGS 1 04/15/26 | PROGRESS SOFTWARE CORP | $5.5M | 0.56% | 4,893,000 | Common | SOLE |
| 743312AD2 | PRGS 3.5 03/01/30 | PROGRESS SOFTWARE CORP | $5.2M | 0.53% | 4,781,000 | Common | SOLE |
| 57164YAF4 | VAC 3.25 12/15/27 | MARRIOTT VACATIONS WORLDWIDE | $5.2M | 0.52% | 5,500,000 | Common | SOLE |
| 816850AF8 | SMTC 1.625 11/01/27 | SEMTECH CORP | $5.1M | 0.52% | 3,920,000 | Common | SOLE |
| 018802AC2 | LNT 3.875 03/15/26 | ALLIANT ENERGY CORP | $5.0M | 0.51% | 4,463,000 | Common | SOLE |
| 682189AU9 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP | $5.0M | 0.51% | 5,747,000 | Common | SOLE |
| 02156K103 | OPTU | ALTICE USA INC | $4.9M | 0.49% | 1,801,300 | Common | SOLE |
| 23804LAB9 | DDOG 0.125 06/15/25 | DATADOG INC | $4.6M | 0.47% | 3,984,000 | Common | SOLE |
| 29415FAD6 | NVST 1.75 08/15/28 | ENVISTA HOLDINGS CORPORATION | $4.6M | 0.47% | 5,057,000 | Common | SOLE |
| 337932AR8 | FE 4 05/01/26 | FIRSTENERGY CORP | $4.4M | 0.45% | 4,291,000 | Common | SOLE |
| 78573NAK8 | SABHLD 7.32 08/01/26 | SABRE GLBL INC | $4.2M | 0.43% | 3,760,000 | Common | SOLE |
| 62886HBD2 | NCLH 1.125 02/15/27 | NCL CORP LTD | $4.1M | 0.42% | 4,197,000 | Common | SOLE |
| 122017AD8 | BURL 1.25 12/15/27 | BURLINGTON STORES INC | $3.9M | 0.39% | 2,805,000 | Common | SOLE |
| 76954AAD5 | RIVN 3.625 10/15/30 | RIVIAN AUTOMOTIVE INC | $3.6M | 0.36% | 4,011,000 | Common | SOLE |
| 98980GAB8 | ZS 0.125 07/01/25 | ZSCALER INC | $3.5M | 0.36% | 2,667,000 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALOZYME THERAPEUTICS INC | $3.5M | 0.36% | 3,300,000 | Common | SOLE |
| 86614G101 | SMC | SUMMIT MIDSTREAM CORPORATION | $3.5M | 0.35% | 102,745 | Common | SOLE |
| 76954AAB9 | RIVN 4.625 03/15/29 | RIVIAN AUTOMOTIVE INC | $3.4M | 0.35% | 3,503,000 | Common | SOLE |
| 958102AT2 | WDC 3 11/15/28 | WESTERN DIGITAL CORP | $3.4M | 0.35% | 2,513,000 | Common | SOLE |
| 67059NAH1 | NTNX 0.25 10/01/27 | NUTANIX INC | $3.3M | 0.34% | 2,429,000 | Common | SOLE |
| 08265TAB5 | BSY 0.125 01/15/26 | BENTLEY SYS INC | $3.3M | 0.34% | 3,420,000 | Common | SOLE |
| 252131AM9 | DXCM 0.375 05/15/28 | DEXCOM INC | $3.3M | 0.33% | 3,661,000 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $3.3M | 0.33% | 2,954,589 | Common | SOLE |
| 530715AL5 | LINTA 3.75 02/15/30 | LIBERTY MEDIA CORP DEL | $3.2M | 0.33% | 12,136,000 | Common | SOLE |
| 18915MAC1 | NET 0 08/15/26 | CLOUDFLARE INC | $3.2M | 0.32% | 3,171,000 | Common | SOLE |
| 10316TAB0 | BOX 0 01/15/26 | BOX INC | $3.1M | 0.32% | 2,416,000 | Common | SOLE |
| 82452JAD1 | FOUR 0.5 08/01/27 | SHIFT4 PMTS INC | $3.0M | 0.30% | 2,917,000 | Common | SOLE |
| 753422AH7 | RPD 1.25 03/15/29 | RAPID7 INC | $2.7M | 0.28% | 3,142,000 | Common | SOLE |
| 55024UAD1 | LITE 0.5 12/15/26 | LUMENTUM HLDGS INC | $2.5M | 0.25% | 2,378,000 | Common | SOLE |
| 803607AD2 | SRPT 1.25 09/15/27 | SAREPTA THERAPEUTICS INC | $2.4M | 0.25% | 2,594,000 | Common | SOLE |
| 03209RAB9 | AMPH 2 03/15/29 | AMPHASTAR PHARMACEUTICALS IN | $2.3M | 0.24% | 2,609,000 | Common | SOLE |
| 30212PBE4 | EXPE 0 02/15/26 | EXPEDIA GROUP INC | $2.2M | 0.22% | 2,198,000 | Common | SOLE |
| 629377CG5 | NRG 2.75 06/01/48 | NRG ENERGY INC | $2.1M | 0.21% | 892,000 | Common | SOLE |
| 974637AF7 | WGO 3.25 01/15/30 | WINNEBAGO INDS INC | $2.1M | 0.21% | 2,321,000 | Common | SOLE |
| 82509LAA5 | SHOPCN 0.125 11/01/25 | SHOPIFY INC | $2.0M | 0.21% | 2,025,000 | Common | SOLE |
| 501812AB7 | LCII 1.125 05/15/26 | LCI INDS | $1.9M | 0.19% | 1,906,000 | Common | SOLE |
| 90353TAJ9 | UBER 0 12/15/25 | UBER TECHNOLOGIES INC | $1.7M | 0.17% | 1,569,000 | Common | SOLE |
| 81141RAF7 | SEALTD 2.375 12/01/25 | SEA LTD | $1.6M | 0.17% | 1,102,000 | Common | SOLE |
| 819047AB7 | SHAK 0 03/01/28 | SHAKE SHACK INC | $1.6M | 0.16% | 1,741,000 | Common | SOLE |
| 94419LAP6 | W 3.25 09/15/27 | WAYFAIR INC | $1.6M | 0.16% | 1,638,000 | Common | SOLE |
| 338307AF8 | FIVN 1 03/15/29 | FIVE9 INC | $1.5M | 0.15% | 1,708,000 | Common | SOLE |
| 703343AG8 | PATK 1.75 12/01/28 | PATRICK INDS INC | $1.3M | 0.14% | 950,000 | Common | SOLE |
| 57164YAD9 | VAC 0 01/15/26 | MARRIOTT VACATIONS WORLDWIDE | $1.3M | 0.13% | 1,374,000 | Common | SOLE |
| 44332NAB2 | HTHT 3 05/01/26 | H WORLD GROUP LTD | $1.3M | 0.13% | 1,113,000 | Common | SOLE |
| 163086AE1 | CHEF 2.375 12/15/28 | CHEFS WHSE INC | $1.1M | 0.11% | 761,000 | Common | SOLE |
| 98954MAH4 | Z 2.75 05/15/25 | ZILLOW GROUP INC | $1.0M | 0.11% | 981,000 | Common | SOLE |
| 477839AB0 | JBTM 0.25 05/15/26 | JBT MAREL CORPORATION | $924,080 | 0.09% | 921,000 | Common | SOLE |
| 707569AU3 | PENN 2.75 05/15/26 | PENN ENTERTAINMENT INC | $413,898 | 0.04% | 399,000 | Common | SOLE |
| 92343XAC4 | VRNT 0.25 04/15/26 | VERINT SYSTEMS INC | $160,914 | 0.02% | 169,000 | Common | SOLE |
| 47074LAB1 | JAMF 0.125 09/01/26 | JAMF HLDG CORP | $116,098 | 0.01% | 123,000 | Common | SOLE |
| 45245EAJ8 | IMAX 0.5 04/01/26 | IMAX CORP | $102,189 | 0.01% | 92,000 | Common | SOLE |
| 48123VAE2 | ZD 1.75 11/01/26 | ZIFF DAVIS INC | $97,764 | 0.01% | 103,000 | Common | SOLE |
| 55405YAB6 | MTSI 0.25 03/15/26 | MACOM TECH SOLUTIONS HLDGS I | $85,416 | 0.01% | 67,000 | Common | SOLE |
| 163072AA9 | CAKE 0.375 06/15/26 | CHEESECAKE FACTORY INC | $63,431 | 0.01% | 64,000 | Common | SOLE |
| 462222AD2 | IONS 0 04/01/26 | IONIS PHARMACEUTICALS INC | $62,992 | 0.01% | 64,000 | Common | SOLE |
| 45784PAK7 | PODD 0.375 09/01/26 | INSULET CORP | $55,897 | 0.01% | 44,000 | Common | SOLE |
| 15677JAD0 | DAY 0.25 03/15/26 | DAYFORCE INC | $49,926 | 0.01% | 52,000 | Common | SOLE |
| 83304AAF3 | SNAP 0 05/01/27 | SNAP INC | $22,343 | 0.00% | 25,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.