SHENKMAN CAPITAL MANAGEMENT INC

Filed: 2/10/2026ACC: 0001275228-26-000002

📋 What this filing means

SHENKMAN CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 97 equity positions with a total reported market value of $947.83M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$947.83M

Total AUM (reported)

769.62M

Total Shares

Allocation by class

SR LN ETF$62.61M6.6%

NOTE 12/0$51.23M5.4%

NOTE 0.250% 6/1$50.86M5.4%

BROAD USD HIGH$48.11M5.1%

STATE STREET SPD$37.54M4.0%

NOTE 2.625% 3/0$30.71M3.2%

NOTE 7.500%12/0$26.79M2.8%

Portfolio Concentration

Top 3$161.58M17.0%

4–10$184.16M19.4%

11–25$230.42M24.3%

Rest$371.67M39.2%

Top 3 weight

17.0%

Top 10 weight

36.5%

Voting Authority Distribution

Total shares with voting rights: 769.62M

Sole

Full voting authority

769.62M

% 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)

Sole97

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings97

Rows:

INVESCO EXCH TRADED FD TR II

SOLE

SR LN ETF

Shares2.89M

TypeSH

Market value$62.61M

6.61%

Sole

2.89M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.250% 6/1

Shares56.77M

TypePRN

Market value$50.86M

5.37%

Sole

56.77M

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares1.28M

TypeSH

Market value$48.11M

5.08%

Sole

1.28M

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares1.44M

TypeSH

Market value$37.54M

3.96%

Sole

1.44M

Shared

0.00

None

0.00

PARSONS CORP DEL

SOLE

NOTE 2.625% 3/0

Shares28M

TypePRN

Market value$30.71M

3.24%

Sole

28M

Shared

0.00

None

0.00

UNITI GROUP LLC

SOLE

NOTE 7.500%12/0

Shares23.32M

TypePRN

Market value$26.79M

2.83%

Sole

23.32M

Shared

0.00

None

0.00

DUKE ENERGY CORP NEW

SOLE

NOTE 4.125% 4/1

Shares24.69M

TypePRN

Market value$25.88M

2.73%

Sole

24.69M

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE 3/0

Shares21.52M

TypePRN

Market value$21.98M

2.32%

Sole

21.52M

Shared

0.00

None

0.00

SUPER MICRO COMPUTER INC

SOLE

NOTE 3.500% 3/0

Shares23.79M

TypePRN

Market value$21.86M

2.31%

Sole

23.79M

Shared

0.00

None

0.00

DATADOG INC

SOLE

NOTE 12/0

Shares19.01M

TypePRN

Market value$19.40M

2.05%

Sole

19.01M

Shared

0.00

None

0.00

BLACKLINE INC

SOLE

NOTE 1.000% 6/0

Shares16.97M

TypePRN

Market value$18.21M

1.92%

Sole

16.97M

Shared

0.00

None

0.00

GLOBAL PMTS INC

SOLE

NOTE 1.500% 3/0

Shares19.52M

TypePRN

Market value$17.93M

1.89%

Sole

19.52M

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

SOLE

NOTE 0.500% 6/0

Shares11.13M

TypePRN

Market value$17.22M

1.82%

Sole

11.13M

Shared

0.00

None

0.00

ON SEMICONDUCTOR CORP

SOLE

NOTE 0.500% 3/0

Shares16.92M

TypePRN

Market value$16.30M

1.72%

Sole

16.92M

Shared

0.00

None

0.00

DIGITALOCEAN HLDGS INC

SOLE

NOTE 12/0

Shares16.73M

TypePRN

Market value$16.17M

1.71%

Sole

16.73M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares15.56M

TypePRN

Market value$15.70M

1.66%

Sole

15.56M

Shared

0.00

None

0.00

STRATEGY INC

SOLE

NOTE 12/0

Shares19M

TypePRN

Market value$15.65M

1.65%

Sole

19M

Shared

0.00

None

0.00

ITRON INC

SOLE

NOTE 3/1

Shares15.67M

TypePRN

Market value$15.54M

1.64%

Sole

15.67M

Shared

0.00

None

0.00

FIRSTENERGY CORP

SOLE

NOTE 4.000% 5/0

Shares14.62M

TypePRN

Market value$15.05M

1.59%

Sole

14.62M

Shared

0.00

None

0.00

JD.COM INC

SOLE

NOTE 0.250% 6/0

Shares14.75M

TypePRN

Market value$14.73M

1.55%

Sole

14.75M

Shared

0.00

None

0.00

VARONIS SYS INC

SOLE

NOTE 1.000% 9/1

Shares15.60M

TypePRN

Market value$14.66M

1.55%

Sole

15.60M

Shared

0.00

None

0.00

MKS INC.

SOLE

NOTE 1.250% 6/0

Shares10.98M

TypePRN

Market value$14.23M

1.50%

Sole

10.98M

Shared

0.00

None

0.00

BOFA FIN LLC

SOLE

MTNF 0.600% 5/2

Shares12.90M

TypePRN

Market value$14.11M

1.49%

Sole

12.90M

Shared

0.00

None

0.00

CMS ENERGY CORP

SOLE

NOTE 3.375% 5/0

Shares11.60M

TypePRN

Market value$12.50M

1.32%

Sole

11.60M

Shared

0.00

None

0.00

BRIDGEBIO PHARMA INC

SOLE

NOTE 2.250% 2/0

Shares10.71M

TypePRN

Market value$12.42M

1.31%

Sole

10.71M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
INVESCO EXCH TRADED FD TR IISOLE	SR LN ETF	2.89M	SH	$62.61M 6.61%	2.89M
ETSY INCSOLE	NOTE 0.250% 6/1	56.77M	PRN	$50.86M 5.37%	56.77M
ISHARES TRSOLE	BROAD USD HIGH	1.28M	SH	$48.11M 5.08%	1.28M
SPDR SERIES TRUSTSOLE	STATE STREET SPD	1.44M	SH	$37.54M 3.96%	1.44M
PARSONS CORP DELSOLE	NOTE 2.625% 3/0	28M	PRN	$30.71M 3.24%	28M
UNITI GROUP LLCSOLE	NOTE 7.500%12/0	23.32M	PRN	$26.79M 2.83%	23.32M
DUKE ENERGY CORP NEWSOLE	NOTE 4.125% 4/1	24.69M	PRN	$25.88M 2.73%	24.69M
DROPBOX INCSOLE	NOTE 3/0	21.52M	PRN	$21.98M 2.32%	21.52M
SUPER MICRO COMPUTER INCSOLE	NOTE 3.500% 3/0	23.79M	PRN	$21.86M 2.31%	23.79M
DATADOG INCSOLE	NOTE 12/0	19.01M	PRN	$19.40M 2.05%	19.01M
BLACKLINE INCSOLE	NOTE 1.000% 6/0	16.97M	PRN	$18.21M 1.92%	16.97M
GLOBAL PMTS INCSOLE	NOTE 1.500% 3/0	19.52M	PRN	$17.93M 1.89%	19.52M
ALIBABA GROUP HLDG LTDSOLE	NOTE 0.500% 6/0	11.13M	PRN	$17.22M 1.82%	11.13M
ON SEMICONDUCTOR CORPSOLE	NOTE 0.500% 3/0	16.92M	PRN	$16.30M 1.72%	16.92M
DIGITALOCEAN HLDGS INCSOLE	NOTE 12/0	16.73M	PRN	$16.17M 1.71%	16.73M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	15.56M	PRN	$15.70M 1.66%	15.56M
STRATEGY INCSOLE	NOTE 12/0	19M	PRN	$15.65M 1.65%	19M
ITRON INCSOLE	NOTE 3/1	15.67M	PRN	$15.54M 1.64%	15.67M
FIRSTENERGY CORPSOLE	NOTE 4.000% 5/0	14.62M	PRN	$15.05M 1.59%	14.62M
JD.COM INCSOLE	NOTE 0.250% 6/0	14.75M	PRN	$14.73M 1.55%	14.75M
VARONIS SYS INCSOLE	NOTE 1.000% 9/1	15.60M	PRN	$14.66M 1.55%	15.60M
MKS INC.SOLE	NOTE 1.250% 6/0	10.98M	PRN	$14.23M 1.50%	10.98M
BOFA FIN LLCSOLE	MTNF 0.600% 5/2	12.90M	PRN	$14.11M 1.49%	12.90M
CMS ENERGY CORPSOLE	NOTE 3.375% 5/0	11.60M	PRN	$12.50M 1.32%	11.60M
BRIDGEBIO PHARMA INCSOLE	NOTE 2.250% 2/0	10.71M	PRN	$12.42M 1.31%	10.71M

Page 1 of 4