TENOR CAPITAL MANAGEMENT CO., L.P.

Filed: 2/17/2026ACC: 0001346554-26-000024

📋 What this filing means

TENOR CAPITAL MANAGEMENT CO., L.P. filed this quarterly 13F‑HR report disclosing 438 equity positions with a total reported market value of $7.10B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

438

Positions

$7.10B

Total AUM (reported)

5.27B

Total Shares

Allocation by class

NOTE 3/1$426.63M6.0%

NOTE 3.500% 6/0$377.26M5.3%

ORD SHS CL A$256.74M3.6%

NOTE 0.500%12/1$235.51M3.3%

NOTE 3/0$234.46M3.3%

NOTE 0.125% 9/0$212.89M3.0%

SHS CL A$194.09M2.7%

Portfolio Concentration

Top 3$737.53M10.4%

4–10$1.02B14.4%

11–25$1.44B20.3%

Rest$3.90B54.9%

Top 3 weight

10.4%

Top 10 weight

24.8%

Voting Authority Distribution

Total shares with voting rights: 5.27B

Sole

Full voting authority

5.27B

% 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)

Sole438

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings438

Rows:

INTERDIGITAL INC

SOLE

NOTE 3.500% 6/0

Shares80M

TypePRN

Market value$331.33M

4.67%

Sole

80M

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.500%12/1

Shares55.10M

TypePRN

Market value$204.64M

2.88%

Sole

55.10M

Shared

0.00

None

0.00

RINGCENTRAL INC

SOLE

NOTE 3/1

Shares203.50M

TypePRN

Market value$201.57M

2.84%

Sole

203.50M

Shared

0.00

None

0.00

TELADOC HEALTH INC

SOLE

NOTE 1.250% 6/0

Shares188.65M

TypePRN

Market value$180.08M

2.54%

Sole

188.65M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares171.51M

TypePRN

Market value$173.07M

2.44%

Sole

171.51M

Shared

0.00

None

0.00

BENTLEY SYS INC

SOLE

NOTE 0.125% 1/1

Shares152M

TypePRN

Market value$151.80M

2.14%

Sole

152M

Shared

0.00

None

0.00

JAMF HLDG CORP

SOLE

NOTE 0.125% 9/0

Shares150M

TypePRN

Market value$148.19M

2.09%

Sole

150M

Shared

0.00

None

0.00

UNITY SOFTWARE INC

SOLE

NOTE 11/1

Shares135.38M

TypePRN

Market value$130.81M

1.84%

Sole

135.38M

Shared

0.00

None

0.00

CONMED CORP

SOLE

NOTE 2.250% 6/1

Shares125.02M

TypePRN

Market value$120.14M

1.69%

Sole

125.02M

Shared

0.00

None

0.00

HAEMONETICS CORP MASS

SOLE

NOTE 3/0

Shares119.22M

TypePRN

Market value$118.32M

1.67%

Sole

119.22M

Shared

0.00

None

0.00

CLOUDFLARE INC

SOLE

NOTE 8/1

Shares100M

TypePRN

Market value$117.51M

1.66%

Sole

100M

Shared

0.00

None

0.00

TRIPADVISOR INC

SOLE

NOTE 0.250% 4/0

Shares115.89M

TypePRN

Market value$114.59M

1.62%

Sole

115.89M

Shared

0.00

None

0.00

BIOMARIN PHARMACEUTICAL INC

SOLE

NOTE 1.250% 5/1

Shares116.50M

TypePRN

Market value$112.24M

1.58%

Sole

116.50M

Shared

0.00

None

0.00

SHAKE SHACK INC

SOLE

NOTE 3/0

Shares109.60M

TypePRN

Market value$103.52M

1.46%

Sole

109.60M

Shared

0.00

None

0.00

CONFLUENT INC

SOLE

NOTE 1/1

Shares105.61M

TypePRN

Market value$102.90M

1.45%

Sole

105.61M

Shared

0.00

None

0.00

JBT MAREL CORPORATION

SOLE

NOTE 0.250% 5/1

Shares98.19M

TypePRN

Market value$100.98M

1.42%

Sole

98.19M

Shared

0.00

None

0.00

IRHYTHM TECHNOLOGIES INC

SOLE

NOTE 1.500% 9/0

Shares68.55M

TypePRN

Market value$96.37M

1.36%

Sole

68.55M

Shared

0.00

None

0.00

DAYFORCE INC

SOLE

NOTE 0.250% 3/1

Shares92.08M

TypePRN

Market value$91.41M

1.29%

Sole

92.08M

Shared

0.00

None

0.00

TRANSMEDICS GROUP INC

SOLE

NOTE 1.500% 6/0

Shares60M

TypePRN

Market value$90.03M

1.27%

Sole

60M

Shared

0.00

None

0.00

NEOGENOMICS INC

SOLE

NOTE 0.250% 1/1

Shares98.05M

TypePRN

Market value$87.99M

1.24%

Sole

98.05M

Shared

0.00

None

0.00

UGI CORP NEW

SOLE

NOTE 5.000% 6/0

Shares60.62M

TypePRN

Market value$86.34M

1.22%

Sole

60.62M

Shared

0.00

None

0.00

SNOWFLAKE INC

SOLE

NOTE 10/0

Shares57.66M

TypePRN

Market value$85.73M

1.21%

Sole

57.66M

Shared

0.00

None

0.00

RAPID7 INC

SOLE

NOTE 0.250% 3/1

Shares89.54M

TypePRN

Market value$85.18M

1.20%

Sole

89.54M

Shared

0.00

None

0.00

JAZZ INVESTMENTS I LTD

SOLE

NOTE 2.000% 6/1

Shares72.32M

TypePRN

Market value$83.92M

1.18%

Sole

72.32M

Shared

0.00

None

0.00

BLACKLINE INC

SOLE

NOTE 3/1

Shares79M

TypePRN

Market value$78.25M

1.10%

Sole

79M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
INTERDIGITAL INCSOLE	NOTE 3.500% 6/0	80M	PRN	$331.33M 4.67%	80M
LUMENTUM HLDGS INCSOLE	NOTE 0.500%12/1	55.10M	PRN	$204.64M 2.88%	55.10M
RINGCENTRAL INCSOLE	NOTE 3/1	203.50M	PRN	$201.57M 2.84%	203.50M
TELADOC HEALTH INCSOLE	NOTE 1.250% 6/0	188.65M	PRN	$180.08M 2.54%	188.65M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	171.51M	PRN	$173.07M 2.44%	171.51M
BENTLEY SYS INCSOLE	NOTE 0.125% 1/1	152M	PRN	$151.80M 2.14%	152M
JAMF HLDG CORPSOLE	NOTE 0.125% 9/0	150M	PRN	$148.19M 2.09%	150M
UNITY SOFTWARE INCSOLE	NOTE 11/1	135.38M	PRN	$130.81M 1.84%	135.38M
CONMED CORPSOLE	NOTE 2.250% 6/1	125.02M	PRN	$120.14M 1.69%	125.02M
HAEMONETICS CORP MASSSOLE	NOTE 3/0	119.22M	PRN	$118.32M 1.67%	119.22M
CLOUDFLARE INCSOLE	NOTE 8/1	100M	PRN	$117.51M 1.66%	100M
TRIPADVISOR INCSOLE	NOTE 0.250% 4/0	115.89M	PRN	$114.59M 1.62%	115.89M
BIOMARIN PHARMACEUTICAL INCSOLE	NOTE 1.250% 5/1	116.50M	PRN	$112.24M 1.58%	116.50M
SHAKE SHACK INCSOLE	NOTE 3/0	109.60M	PRN	$103.52M 1.46%	109.60M
CONFLUENT INCSOLE	NOTE 1/1	105.61M	PRN	$102.90M 1.45%	105.61M
JBT MAREL CORPORATIONSOLE	NOTE 0.250% 5/1	98.19M	PRN	$100.98M 1.42%	98.19M
IRHYTHM TECHNOLOGIES INCSOLE	NOTE 1.500% 9/0	68.55M	PRN	$96.37M 1.36%	68.55M
DAYFORCE INCSOLE	NOTE 0.250% 3/1	92.08M	PRN	$91.41M 1.29%	92.08M
TRANSMEDICS GROUP INCSOLE	NOTE 1.500% 6/0	60M	PRN	$90.03M 1.27%	60M
NEOGENOMICS INCSOLE	NOTE 0.250% 1/1	98.05M	PRN	$87.99M 1.24%	98.05M
UGI CORP NEWSOLE	NOTE 5.000% 6/0	60.62M	PRN	$86.34M 1.22%	60.62M
SNOWFLAKE INCSOLE	NOTE 10/0	57.66M	PRN	$85.73M 1.21%	57.66M
RAPID7 INCSOLE	NOTE 0.250% 3/1	89.54M	PRN	$85.18M 1.20%	89.54M
JAZZ INVESTMENTS I LTDSOLE	NOTE 2.000% 6/1	72.32M	PRN	$83.92M 1.18%	72.32M
BLACKLINE INCSOLE	NOTE 3/1	79M	PRN	$78.25M 1.10%	79M

Page 1 of 18

…