SHENKMAN CAPITAL MANAGEMENT INC

Filed: 5/14/2025ACC: 0001085146-25-003137

📋 What this filing means

SHENKMAN CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 126 equity positions with a total reported market value of $983.68M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

126

Positions

$983.68M

Total AUM (reported)

856.08M

Total Shares

Allocation by class

NOTE 0.250% 6/1$57.30M5.8%

SR LN ETF$56.21M5.7%

NOTE 3.875%11/3$42.51M4.3%

NOTE 3/1$31.44M3.2%

NOTE 1.125% 2/1$29.44M3.0%

NOTE 0.875%12/0$24.22M2.5%

NOTE 1.000% 8/1$23.66M2.4%

Portfolio Concentration

Top 3$156.03M15.9%

4–10$142.76M14.5%

11–25$192.79M19.6%

Rest$492.10M50.0%

Top 3 weight

15.9%

Top 10 weight

30.4%

Voting Authority Distribution

Total shares with voting rights: 856.08M

Sole

Full voting authority

856.08M

% 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)

Sole126

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings126

Rows:

ETSY INC

SOLE

NOTE 0.250% 6/1

Shares67.18M

TypePRN

Market value$57.30M

5.83%

Sole

67.18M

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

SR LN ETF

Shares2.72M

TypeSH

Market value$56.21M

5.71%

Sole

2.72M

Shared

0.00

None

0.00

ECHOSTAR CORP

SOLE

NOTE 3.875%11/3

Shares37.47M

TypePRN

Market value$42.51M

4.32%

Sole

37.47M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares26.04M

TypePRN

Market value$25.35M

2.58%

Sole

26.04M

Shared

0.00

None

0.00

UBER TECHNOLOGIES INC

SOLE

NOTE 0.875%12/0

Shares19.58M

TypePRN

Market value$24.22M

2.46%

Sole

19.58M

Shared

0.00

None

0.00

DIGITALOCEAN HLDGS INC

SOLE

NOTE 12/0

Shares22.29M

TypePRN

Market value$20.80M

2.11%

Sole

22.29M

Shared

0.00

None

0.00

COINBASE GLOBAL INC

SOLE

NOTE 0.500% 6/0

Shares20.71M

TypePRN

Market value$20.32M

2.07%

Sole

20.71M

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares495.85K

TypeSH

Market value$18.03M

1.83%

Sole

495.85K

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares18.77M

TypePRN

Market value$17.36M

1.77%

Sole

18.77M

Shared

0.00

None

0.00

GLOBAL PMTS INC

SOLE

NOTE 1.500% 3/0

Shares17.27M

TypePRN

Market value$16.68M

1.70%

Sole

17.27M

Shared

0.00

None

0.00

SABRE GLBL INC

SOLE

NOTE 4.000% 4/1

Shares15.99M

TypePRN

Market value$16.28M

1.66%

Sole

15.99M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 1.000% 8/1

Shares15.14M

TypePRN

Market value$14.23M

1.45%

Sole

15.14M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE 3/0

Shares13.74M

TypePRN

Market value$13.87M

1.41%

Sole

13.74M

Shared

0.00

None

0.00

ITRON INC

SOLE

NOTE 3/1

Shares13.25M

TypePRN

Market value$13.66M

1.39%

Sole

13.25M

Shared

0.00

None

0.00

PARSONS CORP DEL

SOLE

NOTE 2.625% 3/0

Shares13.02M

TypePRN

Market value$13.54M

1.38%

Sole

13.02M

Shared

0.00

None

0.00

IONIS PHARMACEUTICALS INC

SOLE

NOTE 1.750% 6/1

Shares13.42M

TypePRN

Market value$13.46M

1.37%

Sole

13.42M

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.500% 6/1

Shares14.46M

TypePRN

Market value$13.42M

1.36%

Sole

14.46M

Shared

0.00

None

0.00

BOFA FIN LLC

SOLE

MTNF 0.600% 5/2

Shares12.42M

TypePRN

Market value$12.67M

1.29%

Sole

12.42M

Shared

0.00

None

0.00

CMS ENERGY CORP

SOLE

NOTE 3.375% 5/0

Shares10.94M

TypePRN

Market value$12.50M

1.27%

Sole

10.94M

Shared

0.00

None

0.00

TYLER TEX INDPT SCH DIST

SOLE

NOTE 0.250% 3/1

Shares9.91M

TypePRN

Market value$12.37M

1.26%

Sole

9.91M

Shared

0.00

None

0.00

EVERGY INC

SOLE

NOTE 4.500%12/1

Shares10.09M

TypePRN

Market value$12.28M

1.25%

Sole

10.09M

Shared

0.00

None

0.00

LENDINGTREE INC NEW

SOLE

COM

Shares234.97K

TypeSH

Market value$11.81M

1.20%

Sole

234.97K

Shared

0.00

None

0.00

NEXTERA ENERGY CAP HLDGS INC

SOLE

NOTE 3.000% 3/0

Shares9.65M

TypePRN

Market value$11.38M

1.16%

Sole

9.65M

Shared

0.00

None

0.00

ADVANCED ENERGY INDS

SOLE

NOTE 2.500% 9/1

Shares10.14M

TypePRN

Market value$10.72M

1.09%

Sole

10.14M

Shared

0.00

None

0.00

ON SEMICONDUCTOR CORP

SOLE

NOTE 5/0

Shares9.67M

TypePRN

Market value$10.60M

1.08%

Sole

9.67M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ETSY INCSOLE	NOTE 0.250% 6/1	67.18M	PRN	$57.30M 5.83%	67.18M
INVESCO EXCH TRADED FD TR IISOLE	SR LN ETF	2.72M	SH	$56.21M 5.71%	2.72M
ECHOSTAR CORPSOLE	NOTE 3.875%11/3	37.47M	PRN	$42.51M 4.32%	37.47M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	26.04M	PRN	$25.35M 2.58%	26.04M
UBER TECHNOLOGIES INCSOLE	NOTE 0.875%12/0	19.58M	PRN	$24.22M 2.46%	19.58M
DIGITALOCEAN HLDGS INCSOLE	NOTE 12/0	22.29M	PRN	$20.80M 2.11%	22.29M
COINBASE GLOBAL INCSOLE	NOTE 0.500% 6/0	20.71M	PRN	$20.32M 2.07%	20.71M
ISHARES TRSOLE	BROAD USD HIGH	495.85K	SH	$18.03M 1.83%	495.85K
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	18.77M	PRN	$17.36M 1.77%	18.77M
GLOBAL PMTS INCSOLE	NOTE 1.500% 3/0	17.27M	PRN	$16.68M 1.70%	17.27M
SABRE GLBL INCSOLE	NOTE 4.000% 4/1	15.99M	PRN	$16.28M 1.66%	15.99M
WAYFAIR INCSOLE	NOTE 1.000% 8/1	15.14M	PRN	$14.23M 1.45%	15.14M
DROPBOX INCSOLE	NOTE 3/0	13.74M	PRN	$13.87M 1.41%	13.74M
ITRON INCSOLE	NOTE 3/1	13.25M	PRN	$13.66M 1.39%	13.25M
PARSONS CORP DELSOLE	NOTE 2.625% 3/0	13.02M	PRN	$13.54M 1.38%	13.02M
IONIS PHARMACEUTICALS INCSOLE	NOTE 1.750% 6/1	13.42M	PRN	$13.46M 1.37%	13.42M
LUMENTUM HLDGS INCSOLE	NOTE 0.500% 6/1	14.46M	PRN	$13.42M 1.36%	14.46M
BOFA FIN LLCSOLE	MTNF 0.600% 5/2	12.42M	PRN	$12.67M 1.29%	12.42M
CMS ENERGY CORPSOLE	NOTE 3.375% 5/0	10.94M	PRN	$12.50M 1.27%	10.94M
TYLER TEX INDPT SCH DISTSOLE	NOTE 0.250% 3/1	9.91M	PRN	$12.37M 1.26%	9.91M
EVERGY INCSOLE	NOTE 4.500%12/1	10.09M	PRN	$12.28M 1.25%	10.09M
LENDINGTREE INC NEWSOLE	COM	234.97K	SH	$11.81M 1.20%	234.97K
NEXTERA ENERGY CAP HLDGS INCSOLE	NOTE 3.000% 3/0	9.65M	PRN	$11.38M 1.16%	9.65M
ADVANCED ENERGY INDSSOLE	NOTE 2.500% 9/1	10.14M	PRN	$10.72M 1.09%	10.14M
ON SEMICONDUCTOR CORPSOLE	NOTE 5/0	9.67M	PRN	$10.60M 1.08%	9.67M

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