SHAOLIN CAPITAL MANAGEMENT LLC

Filed: 5/15/2025ACC: 0001172661-25-002076

📋 What this filing means

SHAOLIN CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 186 equity positions with a total reported market value of $2.73B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

186

Positions

$2.73B

Total AUM (reported)

1.77B

Total Shares

Allocation by class

COM$253.88M9.3%

NOTE 4.125% 4/1$198.78M7.3%

NOTE 5/0$176.90M6.5%

NOTE 2.250% 5/0$170.70M6.3%

NOTE 0.375% 6/0$152.96M5.6%

TR UNIT$139.85M5.1%

NOTE 1.250% 5/0$124.58M4.6%

Portfolio Concentration

Top 3$546.38M20.0%

4–10$871.75M31.9%

11–25$937.82M34.4%

Rest$373.27M13.7%

Top 3 weight

20.0%

Top 10 weight

52.0%

Voting Authority Distribution

Total shares with voting rights: 1.77B

Sole

Full voting authority

55.29M

% of voting shares3.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.72B

% of voting shares96.9%

Investment Discretion (by position count)

Sole186

Shared0

Other0

Dominant voting typeNone · 96.9% of voting shares

Institutional Holdings186

Rows:

DUKE ENERGY CORP NEW

SOLE

NOTE 4.125% 4/1

Shares183.40M

TypePRN

Market value$198.78M

7.28%

Sole

0.00

Shared

0.00

None

183.40M

ON SEMICONDUCTOR CORP

SOLE

NOTE 5/0

Shares167.50M

TypePRN

Market value$176.90M

6.48%

Sole

0.00

Shared

0.00

None

167.50M

CNX RES CORP

SOLE

NOTE 2.250% 5/0

Shares69.40M

TypePRN

Market value$170.70M

6.25%

Sole

0.00

Shared

0.00

None

69.40M

PALO ALTO NETWORKS INC

SOLE

NOTE 0.375% 6/0

Shares44.56M

TypePRN

Market value$152.96M

5.60%

Sole

0.00

Shared

0.00

None

44.56M

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares250K

TypeSH

Market value$139.85M

5.12%

Sole

250K

Shared

0.00

None

0.00

SOUTHWEST AIRLS CO

SOLE

NOTE 1.250% 5/0

Shares124.70M

TypePRN

Market value$124.58M

4.56%

Sole

0.00

Shared

0.00

None

124.70M

NEXTERA ENERGY INC

SOLE

COM

Shares1.74M

TypeSH

Market value$123.56M

4.53%

Sole

1.74M

Shared

0.00

None

0.00

MIDDLEBY CORP

SOLE

NOTE 1.000% 9/0

Shares95.79M

TypePRN

Market value$115.61M

4.24%

Sole

0.00

Shared

0.00

None

95.79M

WOLFSPEED INC

SOLE

NOTE 1.750% 5/0

Shares181M

TypePRN

Market value$112.29M

4.11%

Sole

0.00

Shared

0.00

None

181M

INTEGRA LIFESCIENCES HLDGS C

SOLE

NOTE 0.500% 8/1

Shares105M

TypePRN

Market value$102.90M

3.77%

Sole

0.00

Shared

0.00

None

105M

HEWLETT PACKARD ENTERPRISE C

SOLE

7.625 MAND CONV

Shares2.02M

TypeSH

Market value$96.69M

3.54%

Sole

2.02M

Shared

0.00

None

0.00

APOLLO GLOBAL MGMT INC

SOLE

SER A MAND CNV

Shares1.25M

TypeSH

Market value$91.74M

3.36%

Sole

1.25M

Shared

0.00

None

0.00

BOEING CO

SOLE

COM

Shares499.29K

TypeSH

Market value$85.15M

3.12%

Sole

499.29K

Shared

0.00

None

0.00

AMERICAN AIRLINES GROUP INC

SOLE

NOTE 6.500% 7/0

Shares82.86M

TypePRN

Market value$83.03M

3.04%

Sole

0.00

Shared

0.00

None

82.86M

HCI GROUP INC

SOLE

NOTE 4.750% 6/0

Shares41.52M

TypePRN

Market value$78.29M

2.87%

Sole

0.00

Shared

0.00

None

41.52M

CINEMARK HLDGS INC

SOLE

NOTE 4.500% 8/1

Shares43.62M

TypePRN

Market value$76.24M

2.79%

Sole

0.00

Shared

0.00

None

43.62M

AIR TRANS SVCS GROUP INC

SOLE

NOTE 3.875% 8/1

Shares74M

TypePRN

Market value$73.79M

2.70%

Sole

0.00

Shared

0.00

None

74M

DROPBOX INC

SOLE

NOTE 3/0

Shares67.50M

TypePRN

Market value$66.46M

2.44%

Sole

0.00

Shared

0.00

None

67.50M

POST HLDGS INC

SOLE

NOTE 2.500% 8/1

Shares50M

TypePRN

Market value$59.68M

2.19%

Sole

0.00

Shared

0.00

None

50M

EVERGY INC

SOLE

NOTE 4.500%12/1

Shares45M

TypePRN

Market value$52.90M

1.94%

Sole

0.00

Shared

0.00

None

45M

PENNYMAC CORP

SOLE

NOTE 5.500% 3/1

Shares42.40M

TypePRN

Market value$41.93M

1.54%

Sole

0.00

Shared

0.00

None

42.40M

DATADOG INC

SOLE

NOTE 0.125% 6/1

Shares37.09M

TypePRN

Market value$41.60M

1.52%

Sole

0.00

Shared

0.00

None

37.09M

MICROSTRATEGY INC

SOLE

CL A NEW

Shares110K

TypeSH

Market value$31.71M

1.16%

Sole

110K

Shared

0.00

None

0.00

FIRSTENERGY CORP

SOLE

NOTE 4.000% 5/0

Shares30.50M

TypePRN

Market value$30.92M

1.13%

Sole

0.00

Shared

0.00

None

30.50M

MAGNITE INC

SOLE

NOTE 0.250% 3/1

Shares29M

TypePRN

Market value$27.69M

1.01%

Sole

0.00

Shared

0.00

None

29M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
DUKE ENERGY CORP NEWSOLE	NOTE 4.125% 4/1	183.40M	PRN	$198.78M 7.28%	0.00	183.40M
ON SEMICONDUCTOR CORPSOLE	NOTE 5/0	167.50M	PRN	$176.90M 6.48%	0.00	167.50M
CNX RES CORPSOLE	NOTE 2.250% 5/0	69.40M	PRN	$170.70M 6.25%	0.00	69.40M
PALO ALTO NETWORKS INCSOLE	NOTE 0.375% 6/0	44.56M	PRN	$152.96M 5.60%	0.00	44.56M
SPDR S&P 500 ETF TRSOLE	TR UNIT	250K	SH	$139.85M 5.12%	250K	0.00
SOUTHWEST AIRLS COSOLE	NOTE 1.250% 5/0	124.70M	PRN	$124.58M 4.56%	0.00	124.70M
NEXTERA ENERGY INCSOLE	COM	1.74M	SH	$123.56M 4.53%	1.74M	0.00
MIDDLEBY CORPSOLE	NOTE 1.000% 9/0	95.79M	PRN	$115.61M 4.24%	0.00	95.79M
WOLFSPEED INCSOLE	NOTE 1.750% 5/0	181M	PRN	$112.29M 4.11%	0.00	181M
INTEGRA LIFESCIENCES HLDGS CSOLE	NOTE 0.500% 8/1	105M	PRN	$102.90M 3.77%	0.00	105M
HEWLETT PACKARD ENTERPRISE CSOLE	7.625 MAND CONV	2.02M	SH	$96.69M 3.54%	2.02M	0.00
APOLLO GLOBAL MGMT INCSOLE	SER A MAND CNV	1.25M	SH	$91.74M 3.36%	1.25M	0.00
BOEING COSOLE	COM	499.29K	SH	$85.15M 3.12%	499.29K	0.00
AMERICAN AIRLINES GROUP INCSOLE	NOTE 6.500% 7/0	82.86M	PRN	$83.03M 3.04%	0.00	82.86M
HCI GROUP INCSOLE	NOTE 4.750% 6/0	41.52M	PRN	$78.29M 2.87%	0.00	41.52M
CINEMARK HLDGS INCSOLE	NOTE 4.500% 8/1	43.62M	PRN	$76.24M 2.79%	0.00	43.62M
AIR TRANS SVCS GROUP INCSOLE	NOTE 3.875% 8/1	74M	PRN	$73.79M 2.70%	0.00	74M
DROPBOX INCSOLE	NOTE 3/0	67.50M	PRN	$66.46M 2.44%	0.00	67.50M
POST HLDGS INCSOLE	NOTE 2.500% 8/1	50M	PRN	$59.68M 2.19%	0.00	50M
EVERGY INCSOLE	NOTE 4.500%12/1	45M	PRN	$52.90M 1.94%	0.00	45M
PENNYMAC CORPSOLE	NOTE 5.500% 3/1	42.40M	PRN	$41.93M 1.54%	0.00	42.40M
DATADOG INCSOLE	NOTE 0.125% 6/1	37.09M	PRN	$41.60M 1.52%	0.00	37.09M
MICROSTRATEGY INCSOLE	CL A NEW	110K	SH	$31.71M 1.16%	110K	0.00
FIRSTENERGY CORPSOLE	NOTE 4.000% 5/0	30.50M	PRN	$30.92M 1.13%	0.00	30.50M
MAGNITE INCSOLE	NOTE 0.250% 3/1	29M	PRN	$27.69M 1.01%	0.00	29M

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