SHENKMAN CAPITAL MANAGEMENT INC

Filed: 5/15/2023ACC: 0001085146-23-002335

📋 What this filing means

SHENKMAN CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 127 equity positions with a total reported market value of $1.32B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

127

Positions

$1.32B

Total AUM (reported)

1.37B

Total Shares

Allocation by class

NOTE 3/1$52.79M4.0%

NOTE 3/0$49.66M3.8%

COM$41.66M3.2%

NOTE 0.125% 9/0$36.67M2.8%

NOTE 2.625% 3/1$35.53M2.7%

NOTE 2.000% 7/1$34.03M2.6%

NOTE 0.375% 3/1$31.67M2.4%

Portfolio Concentration

Top 3$111.22M8.4%

4–10$171.82M13.1%

11–25$272.26M20.7%

Rest$761.19M57.8%

Top 3 weight

8.4%

Top 10 weight

21.5%

Voting Authority Distribution

Total shares with voting rights: 1.37B

Sole

Full voting authority

1.37B

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole127

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings127

Rows:

DIAMOND OFFSHORE DRILLING IN

SOLE

COM

Shares3.54M

TypeSH

Market value$41.66M

3.16%

Sole

3.54M

Shared

0.00

None

0.00

HERBALIFE NUTRITION LTD

SOLE

NOTE 2.625% 3/1

Shares37.58M

TypePRN

Market value$35.53M

2.70%

Sole

37.58M

Shared

0.00

None

0.00

LIBERTY LATIN AMERICA LTD

SOLE

NOTE 2.000% 7/1

Shares36.59M

TypePRN

Market value$34.03M

2.59%

Sole

36.59M

Shared

0.00

None

0.00

SPLUNK INC

SOLE

NOTE 1.125% 6/1

Shares31.67M

TypePRN

Market value$27.24M

2.07%

Sole

31.67M

Shared

0.00

None

0.00

SPIRIT AIRLS INC

SOLE

NOTE 1.000% 5/1

Shares31.10M

TypePRN

Market value$25.26M

1.92%

Sole

31.10M

Shared

0.00

None

0.00

FORD MTR CO DEL

SOLE

NOTE 3/1

Shares25.22M

TypePRN

Market value$25.22M

1.92%

Sole

25.22M

Shared

0.00

None

0.00

BIOMARIN PHARMACEUTICAL INC

SOLE

NOTE 0.599% 8/0

Shares23.98M

TypePRN

Market value$24.57M

1.87%

Sole

23.98M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125% 9/0

Shares26.91M

TypePRN

Market value$24.28M

1.84%

Sole

26.91M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares25.01M

TypePRN

Market value$23.00M

1.75%

Sole

25.01M

Shared

0.00

None

0.00

CHEGG INC

SOLE

NOTE 0.125% 3/1

Shares25.35M

TypePRN

Market value$22.25M

1.69%

Sole

25.35M

Shared

0.00

None

0.00

ENPHASE ENERGY INC

SOLE

NOTE 3/0

Shares21.40M

TypePRN

Market value$22.03M

1.67%

Sole

21.40M

Shared

0.00

None

0.00

BLOCK INC

SOLE

NOTE 0.125% 3/0

Shares22.64M

TypePRN

Market value$21.64M

1.64%

Sole

22.64M

Shared

0.00

None

0.00

SPLUNK INC

SOLE

NOTE 1.125% 9/1

Shares20.83M

TypePRN

Market value$20.17M

1.53%

Sole

20.83M

Shared

0.00

None

0.00

EXACT SCIENCES CORP

SOLE

NOTE 0.375% 3/1

Shares21.34M

TypePRN

Market value$19.85M

1.51%

Sole

21.34M

Shared

0.00

None

0.00

NCL CORP LTD

SOLE

NOTE 1.125% 2/1

Shares25.67M

TypePRN

Market value$18.33M

1.39%

Sole

25.67M

Shared

0.00

None

0.00

VAIL RESORTS INC

SOLE

NOTE 1/0

Shares20.30M

TypePRN

Market value$18.15M

1.38%

Sole

20.30M

Shared

0.00

None

0.00

VERINT SYSTEMS INC

SOLE

NOTE 0.250% 4/1

Shares20.17M

TypePRN

Market value$17.88M

1.36%

Sole

20.17M

Shared

0.00

None

0.00

FIVE9 INC

SOLE

NOTE 0.500% 6/0

Shares19.39M

TypePRN

Market value$17.86M

1.36%

Sole

19.39M

Shared

0.00

None

0.00

INTEGRA LIFESCIENCES HLDGS C

SOLE

NOTE 0.500% 8/1

Shares18.25M

TypePRN

Market value$17.77M

1.35%

Sole

18.25M

Shared

0.00

None

0.00

NRG ENERGY INC

SOLE

DBCV 2.750% 6/0

Shares16.73M

TypeSH

Market value$17.63M

1.34%

Sole

16.73M

Shared

0.00

None

0.00

BOOKING HOLDINGS INC

SOLE

NOTE 0.750% 5/0

Shares11.29M

TypePRN

Market value$16.95M

1.29%

Sole

11.29M

Shared

0.00

None

0.00

BLACKLINE INC

SOLE

NOTE 3/1

Shares19.37M

TypePRN

Market value$16.42M

1.25%

Sole

19.37M

Shared

0.00

None

0.00

SOUTHWEST AIRLS CO

SOLE

NOTE 1.250% 5/0

Shares14.36M

TypePRN

Market value$16.37M

1.24%

Sole

14.36M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 0.625%10/0

Shares21.48M

TypePRN

Market value$15.87M

1.21%

Sole

21.48M

Shared

0.00

None

0.00

LIVE NATION ENTERTAINMENT IN

SOLE

NOTE 2.000% 2/1

Shares15.74M

TypePRN

Market value$15.35M

1.17%

Sole

15.74M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
DIAMOND OFFSHORE DRILLING INSOLE	COM	3.54M	SH	$41.66M 3.16%	3.54M
HERBALIFE NUTRITION LTDSOLE	NOTE 2.625% 3/1	37.58M	PRN	$35.53M 2.70%	37.58M
LIBERTY LATIN AMERICA LTDSOLE	NOTE 2.000% 7/1	36.59M	PRN	$34.03M 2.59%	36.59M
SPLUNK INCSOLE	NOTE 1.125% 6/1	31.67M	PRN	$27.24M 2.07%	31.67M
SPIRIT AIRLS INCSOLE	NOTE 1.000% 5/1	31.10M	PRN	$25.26M 1.92%	31.10M
FORD MTR CO DELSOLE	NOTE 3/1	25.22M	PRN	$25.22M 1.92%	25.22M
BIOMARIN PHARMACEUTICAL INCSOLE	NOTE 0.599% 8/0	23.98M	PRN	$24.57M 1.87%	23.98M
ETSY INCSOLE	NOTE 0.125% 9/0	26.91M	PRN	$24.28M 1.84%	26.91M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	25.01M	PRN	$23.00M 1.75%	25.01M
CHEGG INCSOLE	NOTE 0.125% 3/1	25.35M	PRN	$22.25M 1.69%	25.35M
ENPHASE ENERGY INCSOLE	NOTE 3/0	21.40M	PRN	$22.03M 1.67%	21.40M
BLOCK INCSOLE	NOTE 0.125% 3/0	22.64M	PRN	$21.64M 1.64%	22.64M
SPLUNK INCSOLE	NOTE 1.125% 9/1	20.83M	PRN	$20.17M 1.53%	20.83M
EXACT SCIENCES CORPSOLE	NOTE 0.375% 3/1	21.34M	PRN	$19.85M 1.51%	21.34M
NCL CORP LTDSOLE	NOTE 1.125% 2/1	25.67M	PRN	$18.33M 1.39%	25.67M
VAIL RESORTS INCSOLE	NOTE 1/0	20.30M	PRN	$18.15M 1.38%	20.30M
VERINT SYSTEMS INCSOLE	NOTE 0.250% 4/1	20.17M	PRN	$17.88M 1.36%	20.17M
FIVE9 INCSOLE	NOTE 0.500% 6/0	19.39M	PRN	$17.86M 1.36%	19.39M
INTEGRA LIFESCIENCES HLDGS CSOLE	NOTE 0.500% 8/1	18.25M	PRN	$17.77M 1.35%	18.25M
NRG ENERGY INCSOLE	DBCV 2.750% 6/0	16.73M	SH	$17.63M 1.34%	16.73M
BOOKING HOLDINGS INCSOLE	NOTE 0.750% 5/0	11.29M	PRN	$16.95M 1.29%	11.29M
BLACKLINE INCSOLE	NOTE 3/1	19.37M	PRN	$16.42M 1.25%	19.37M
SOUTHWEST AIRLS COSOLE	NOTE 1.250% 5/0	14.36M	PRN	$16.37M 1.24%	14.36M
WAYFAIR INCSOLE	NOTE 0.625%10/0	21.48M	PRN	$15.87M 1.21%	21.48M
LIVE NATION ENTERTAINMENT INSOLE	NOTE 2.000% 2/1	15.74M	PRN	$15.35M 1.17%	15.74M

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