Q1 2026 · 13F-HR
SHENKMAN CAPITAL MANAGEMENT INCholdings as filed
Filed 2026-05-12 · accession 0001275228-26-000004
$830.6M
Reported value
81
Positions
2026-03-31
Period end
The Brief · SHENKMAN CAPITAL MANAGEMENT INC · Q1 2026
AI · grounded in 13F
SHENKMAN CAPITAL MANAGEMENT INC closed its position in [[stock:DUK 4.125 04/15/26]], reducing exposure by $25.88M. The fund also exited positions in [[stock:DOCN 0 12/01/26]] and [[stock:ITRI 0 03/15/26]], which represented reductions of $16.17M and $15.54M respectively. On the buy side, the fund established a new position in [[stock:ITGR 1.875 03/15/30]] worth $11.6M and increased its holdings in [[stock:RIVN 3.625 10/15/30]] by 147.07%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46435U853 | USHY | ISHARES TR | $64.2M | 7.72% | 1,706,723 | Common | SOLE |
| 78468R408 | SJNK | SPDR SERIES TRUST | $49.8M | 6.00% | 2,002,325 | Common | SOLE |
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY INC | $47.9M | 5.77% | 53,491,000 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $40.2M | 4.84% | 1,918,265 | Common | SOLE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES INC | $31.1M | 3.74% | 26,679,000 | Common | SOLE |
| 594972AS0 | MSTR 0 12/01/29 | STRATEGY INC | $26.3M | 3.16% | 31,554,000 | Common | SOLE |
| 76954AAD5 | RIVN 3.625 10/15/30 | RIVIAN AUTOMOTIVE INC | $23.3M | 2.80% | 23,519,000 | Common | SOLE |
| 125896BX7 | CMS 3.375 05/01/28 | CMS ENERGY CORP | $22.4M | 2.70% | 19,511,000 | Common | SOLE |
| 86800UAB0 | SMCI 3.5 03/01/29 | SUPER MICRO COMPUTER INC | $22.2M | 2.67% | 27,093,000 | Common | SOLE |
| 682189AU9 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP | $21.8M | 2.62% | 21,920,000 | Common | SOLE |
| 922280AD4 | VRNS 1 09/15/29 | VARONIS SYS INC | $21.5M | 2.59% | 24,572,000 | Common | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $19.2M | 2.31% | 19,867,000 | Common | SOLE |
| 37940XAU6 | GPN 1.5 03/01/31 | GLOBAL PMTS INC | $18.2M | 2.20% | 20,424,000 | Common | SOLE |
| 70202LAD4 | PSN 2.625 03/01/29 | PARSONS CORP DEL | $17.4M | 2.09% | 17,094,000 | Common | SOLE |
| 09239BAF6 | BL 1 06/01/29 | BLACKLINE INC | $16.8M | 2.02% | 17,466,000 | Common | SOLE |
| 23804LAD5 | DDOG 0 12/01/29 | DATADOG INC | $15.5M | 1.87% | 15,812,000 | Common | SOLE |
| 09709UV70 | BAC 0.6 05/25/27 MTN | BOFA FIN LLC | $14.9M | 1.79% | 12,346,000 | Common | SOLE |
| 01609WBG6 | BABA 0.5 06/01/31 | ALIBABA GROUP HLDG LTD | $14.6M | 1.75% | 10,526,000 | Common | SOLE |
| 89422GAA5 | TVTX 2.25 03/01/29 | TRAVERE THERAPEUTICS INC | $12.4M | 1.50% | 9,662,000 | Common | SOLE |
| 008073AA6 | AVAV 0 07/15/30 | AEROVIRONMENT INC | $11.9M | 1.43% | 11,918,000 | Common | SOLE |
| 45826HAD1 | ITGR 1.875 03/15/30 | INTEGER HLDGS CORP | $11.6M | 1.40% | 11,912,000 | Common | SOLE |
| 75737FAE8 | RDFN 0.5 04/01/27 | REDFIN CORP | $11.5M | 1.39% | 11,992,000 | Common | SOLE |
| 759916AD1 | RGEN 1 12/15/28 | REPLIGEN CORP | $11.3M | 1.36% | 11,364,000 | Common | SOLE |
| 40171VAC4 | GWRE 1.25 11/01/29 | GUIDEWIRE SOFTWARE INC | $10.9M | 1.32% | 10,758,000 | Common | SOLE |
| 928298AR9 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLOGY INC | $10.2M | 1.23% | 10,437,000 | Common | SOLE |
| 67059NAK4 | NTNX 0.5 12/15/29 | NUTANIX INC | $10.2M | 1.22% | 10,999,000 | Common | SOLE |
| 59001ABF8 | MTH 1.75 05/15/28 | MERITAGE HOMES CORP | $9.6M | 1.15% | 9,800,000 | Common | SOLE |
| 88162GAB9 | TTEK 2.25 08/15/28 | TETRA TECH INC NEW | $9.3M | 1.12% | 8,656,000 | Common | SOLE |
| 04280AAC4 | ARWR 0 01/15/32 | ARROWHEAD PHARMACEUTICALS IN | $9.2M | 1.10% | 8,705,000 | Common | SOLE |
| 91325VAB4 | UNIT 7.5 12/01/27 | UNITI GROUP LLC | $9.2M | 1.10% | 7,120,000 | Common | SOLE |
| 65339KCY4 | NEE 3 03/01/27 | NEXTERA ENERGY CAP HLDGS INC | $8.9M | 1.07% | 6,330,000 | Common | SOLE |
| 163072AC5 | CAKE 2 03/15/30 | CHEESECAKE FACTORY INC | $8.6M | 1.04% | 8,293,000 | Common | SOLE |
| 465741AQ9 | ITRI 1.375 07/15/30 | ITRON INC | $8.6M | 1.03% | 8,322,000 | Common | SOLE |
| 665531AJ8 | NOG 3.625 04/15/29 | NORTHERN OIL & GAS INC | $8.3M | 1.00% | 7,339,000 | Common | SOLE |
| 57164YAF4 | VAC 3.25 12/15/27 | MARRIOTT VACATIONS WORLDWIDE | $8.3M | 0.99% | 8,489,000 | Common | SOLE |
| 34379VAB9 | FLNC 2.25 06/15/30 | FLUENCE ENERGY INC | $8.2M | 0.99% | 8,000,000 | Common | SOLE |
| 723484AK7 | PNW 4.75 06/15/27 | PINNACLE WEST CAP CORP | $8.2M | 0.99% | 7,000,000 | Common | SOLE |
| 30034WAD8 | EVRG 4.5 12/15/27 | EVERGY INC | $8.1M | 0.97% | 5,839,000 | Common | SOLE |
| 47215PAJ5 | JD 0.25 06/01/29 | JD.COM INC | $7.6M | 0.92% | 7,693,000 | Common | SOLE |
| 477839AB0 | JBTM 0.25 05/15/26 | JBT MAREL CORPORATION | $7.3M | 0.88% | 7,163,000 | Common | SOLE |
| 55087PAD6 | LYFT 0.625 03/01/29 | LYFT INC | $7.0M | 0.84% | 6,801,000 | Common | SOLE |
| 737446AT1 | POST 2.5 08/15/27 | POST HLDGS INC | $6.4M | 0.77% | 5,765,000 | Common | SOLE |
| 87157DAJ8 | SYNA 0.75 12/01/31 | SYNAPTICS INC | $6.3M | 0.75% | 5,922,000 | Common | SOLE |
| 963320205 | WHR 8.5 02/15/29 A | WHIRLPOOL CORP | $6.1M | 0.74% | 150,000 | Common | SOLE |
| 75134PAB1 | METC 0 11/01/31 | RAMACO RES INC | $5.9M | 0.71% | 7,567,000 | Common | SOLE |
| 531229AQ5 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | $5.7M | 0.68% | 4,853,000 | Common | SOLE |
| 538034BC2 | LYV 2.875 01/15/30 | LIVE NATION ENTERTAINMENT IN | $5.3M | 0.64% | 4,761,000 | Common | SOLE |
| 337932AR8 | FE 4 05/01/26 | FIRSTENERGY CORP | $5.1M | 0.62% | 4,599,000 | Common | SOLE |
| 62914VAK2 | NIO 4.625 10/15/30 | NIO INC | $5.1M | 0.61% | 5,000,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES INC | $4.8M | 0.58% | 3,995,000 | Common | SOLE |
| 450056AB2 | IRTC 1.5 09/01/29 | IRHYTHM HOLDINGS INC | $4.5M | 0.54% | 4,000,000 | Common | SOLE |
| 01644JAB4 | ALKTEC 1.5 03/15/30 | ALKAMI TECHNOLOGY INC | $4.4M | 0.54% | 4,841,000 | Common | SOLE |
| 01625VAB0 | ALHC 4.25 11/15/29 | ALIGNMENT HEALTHCARE INC | $4.3M | 0.52% | 2,954,000 | Common | SOLE |
| 69352PAS2 | PPL 2.875 03/15/28 | PPL CAP FDG INC | $4.2M | 0.51% | 3,599,000 | Common | SOLE |
| 501812AD3 | LCII 3 03/01/30 | LCI INDS | $4.2M | 0.50% | 3,392,000 | Common | SOLE |
| 83205YAE4 | PENG 2 08/15/30 | PENGUIN SOLUTIONS INC | $4.1M | 0.49% | 4,000,000 | Common | SOLE |
| 842587DZ7 | SO 4.5 06/15/27 | SOUTHERN CO | $4.0M | 0.49% | 3,593,000 | Common | SOLE |
| 10316TAD6 | BOX 1.5 09/15/29 | BOX INC | $3.7M | 0.45% | 4,091,000 | Common | SOLE |
| 91680MAF4 | UPST 1 11/15/30 | UPSTART HLDGS INC | $3.6M | 0.44% | 5,000,000 | Common | SOLE |
| 92939UAP1 | WEC 4.375 06/01/27 | WEC ENERGY GROUP INC | $3.6M | 0.43% | 2,924,000 | Common | SOLE |
| 472145AH4 | JAZZ 3.125 09/15/30 | JAZZ INVESTMENTS I LTD | $3.4M | 0.41% | 2,382,000 | Common | SOLE |
| 29415FAD6 | NVST 1.75 08/15/28 | ENVISTA HOLDINGS CORPORATION | $3.2M | 0.39% | 3,226,000 | Common | SOLE |
| 675746606 | ONIT | ONITY GROUP INC | $3.2M | 0.38% | 76,885 | Common | SOLE |
| 02081GAD4 | ATEC 0.75 03/15/30 | ALPHATEC HLDGS INC | $2.8M | 0.33% | 2,634,000 | Common | SOLE |
| 92939UAR7 | WEC 4.375 06/01/29 | WEC ENERGY GROUP INC | $2.6M | 0.31% | 2,036,000 | Common | SOLE |
| 007973AE0 | AEIS 2.5 09/15/28 | ADVANCED ENERGY INDS | $2.5M | 0.30% | 1,050,000 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $2.3M | 0.28% | 18,335 | Common | SOLE |
| 55306NAB0 | MKSI 1.25 06/01/30 | MKS INC. | $2.1M | 0.25% | 1,259,000 | Common | SOLE |
| 595017BG8 | MCHP 0.75 06/01/30 | MICROCHIP TECHNOLOGY INC. | $2.0M | 0.24% | 1,975,000 | Common | SOLE |
| 343412AJ1 | FLR 1.125 08/15/29 | FLUOR CORP | $1.9M | 0.22% | 1,503,000 | Common | SOLE |
| 405024AD2 | HAE 2.5 06/01/29 | HAEMONETICS CORP MASS | $1.8M | 0.22% | 1,873,000 | Common | SOLE |
| 35834FAB0 | TE 5.25 12/01/30 | T1 ENERGY INC | $1.8M | 0.21% | 1,650,000 | Common | SOLE |
| 19260QAF4 | COIN 0.25 04/01/30 | COINBASE GLOBAL INC | $1.6M | 0.19% | 1,726,000 | Common | SOLE |
| 15189TBD8 | CNP 4.25 08/15/26 | CENTERPOINT ENERGY INC | $1.2M | 0.15% | 1,013,000 | Common | SOLE |
| 89677QAB3 | TCOM 0.75 06/15/29 | TRIP COM GROUP LTD | $1.1M | 0.14% | 1,083,000 | Common | SOLE |
| 472145AF8 | JAZZ 2 06/15/26 | JAZZ INVESTMENTS I LTD | $780,468 | 0.09% | 639,000 | Common | SOLE |
| 516544AB9 | LNTH 2.625 12/15/27 | LANTHEUS HLDGS INC | $456,351 | 0.05% | 377,000 | Common | SOLE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC | $423,235 | 0.05% | 376,000 | Common | SOLE |
| 98149GAB6 | WKC 3.25 07/01/28 | WORLD KINECT CORPORATION | $280,269 | 0.03% | 264,000 | Common | SOLE |
| 62957HAL9 | NBR 1.75 06/15/29 | NABORS INDS INC | $274,846 | 0.03% | 300,000 | Common | SOLE |
| 36467W117 | GME/WS | GAMESTOP CORP NEW | $76,616 | 0.01% | 19,614 | 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.