SHENKMAN CAPITAL MANAGEMENT INC
CIK: 0001275228Latest portfolio: $947.8M · Q4 2025
Holdings
97
Total Value
$947.8M
New Positions
15
Closed Positions
41
Top Holdings
View All 97 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | BKLNINVESCO EXCH TRADED FD TR II | 2,889,660 | $62.6M | 6.61% | +982K | |
| 2 | ETSY 0.25 06/15/28ETSY INC | 56,775,000 | $50.9M | 5.37% | -9,440,000 | |
| 3 | USHYISHARES TR | 1,280,225 | $48.1M | 5.08% | +959K | |
| 4 | SJNKSPDR SERIES TRUST | 1,443,140 | $37.5M | 3.96% | +1.1M | |
| 5 | PSN 2.625 03/01/29PARSONS CORP DEL | 28,005,000 | $30.7M | 3.24% | +17.9M | |
| 6 | UNIT 7.5 12/01/27UNITI GROUP LLC | 23,315,000 | $26.8M | 2.83% | -14,458,000 | |
| 7 | DUK 4.125 04/15/26DUKE ENERGY CORP NEW | 24,688,000 | $25.9M | 2.73% | -5,493,000 | |
| 8 | DBX 0 03/01/28DROPBOX INC | 21,517,000 | $22.0M | 2.32% | +7.2M | |
| 9 | SMCI 3.5 03/01/29SUPER MICRO COMPUTER INC | 23,793,000 | $21.9M | 2.31% | +9.4M | |
| 10 | DDOG 0 12/01/29DATADOG INC | 19,012,000 | $19.4M | 2.05% | NEW | |
| 11 | BL 1 06/01/29BLACKLINE INC | 16,966,000 | $18.2M | 1.92% | +3.1M | |
| 12 | GPN 1.5 03/01/31GLOBAL PMTS INC | 19,524,000 | $17.9M | 1.89% | -5,115,000 | |
| 13 | BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD | 11,126,000 | $17.2M | 1.82% | +9.6M | |
| 14 | ON 0.5 03/01/29ON SEMICONDUCTOR CORP | 16,920,000 | $16.3M | 1.72% | +3.6M | |
| 15 | DOCN 0 12/01/26DIGITALOCEAN HLDGS INC | 16,732,000 | $16.2M | 1.71% | -2,312,000 | |
| 16 | AKAM 1.125 02/15/29AKAMAI TECHNOLOGIES INC | 15,560,000 | $15.7M | 1.66% | +11.7M | |
| 17 | MSTR 0 12/01/29STRATEGY INC | 19,000,000 | $15.6M | 1.65% | NEW | |
| 18 | ITRI 0 03/15/26ITRON INC | 15,671,000 | $15.5M | 1.64% | +8.0M | |
| 19 | FE 4 05/01/26FIRSTENERGY CORP | 14,623,000 | $15.1M | 1.59% | -1,361,000 | |
| 20 | JD 0.25 06/01/29JD.COM INC | 14,749,000 | $14.7M | 1.55% | +2.8M | |
| 21 | VRNS 1 09/15/29VARONIS SYS INC | 15,600,000 | $14.7M | 1.55% | -2,588,000 | |
| 22 | MKSI 1.25 06/01/30MKS INC. | 10,983,000 | $14.2M | 1.50% | -119,000 | |
| 23 | BAC 0.6 05/25/27 MTNBOFA FIN LLC | 12,896,000 | $14.1M | 1.49% | -1,158,000 | |
| 24 | CMS 3.375 05/01/28CMS ENERGY CORP | 11,597,000 | $12.5M | 1.32% | -9,696,000 | |
| 25 | BBIO 2.25 02/01/29BRIDGEBIO PHARMA INC | 10,707,000 | $12.4M | 1.31% | +4.0M |
Quarterly Changes
New Positions
- $19.4M
- $15.6M
- $10.6M
- $8.3M
- $7.7M
- $6.5M
- $6.4M
- $6.2M
- $6.1M
- $3.2M
Closed Positions
- SNAP 0.5 05/01/30CLOSED$24.6B
- GH 1.25 02/15/31CLOSED$15.1B
- SATS 3.875 11/30/30CLOSED$13.2B
- CSGS 3.875 09/15/28CLOSED$12.4B
- FOUR 0.5 08/01/27CLOSED$10.5B
- PRGS 3.5 03/01/30CLOSED$8.6B
- IONS 1.75 06/15/28CLOSED$7.1B
- UBER 0 12/15/25CLOSED$6.9B
- UGI 5 06/01/28CLOSED$6.8B
- MTH 1.75 05/15/28CLOSED$6.2B
Increased Positions
| Name | Shares | Change |
|---|---|---|
| PSN 2.625 03/01/29 | 28.0M | +17.9M |
| SMCI 3.5 03/01/29 | 23.8M | +9.4M |
| DBX 0 03/01/28 | 21.5M | +7.2M |
| RIVN 3.625 10/15/30 | 9.5M | +4.2M |
| ON 0.5 03/01/29 | 16.9M | +3.6M |
| BL 1 06/01/29 | 17.0M | +3.1M |
| JD 0.25 06/01/29 | 14.7M | +2.8M |
| COIN 0.5 06/01/26 | 3.3M | +1.5M |
| ENOV 3.875 10/15/28 | 12.1M | +1.4M |
| BKLN | 2.9M | +982K |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| UNIT 7.5 12/01/27 | 23.3M | -14458000 |
| CMS 3.375 05/01/28 | 11.6M | -9696000 |
| ETSY 0.25 06/15/28 | 56.8M | -9440000 |
| F 0 03/15/26 | 1.8M | -8013000 |
| DUK 4.125 04/15/26 | 24.7M | -5493000 |
| GPN 1.5 03/01/31 | 19.5M | -5115000 |
| VTR 3.75 06/01/26 | 1.9M | -3712000 |
| UBER 0.875 12/01/28 2028 | 2.7M | -3347000 |
| TCOM 0.75 06/15/29 | 1.2M | -3310000 |
| VRNS 1 09/15/29 | 15.6M | -2588000 |
Sector Breakdown
UnknownNaN% ($InfinityT)
Financial Services0.0% ($626104.8T)
Communication Services0.0% ($65.3B)
Utilities0.0% ($10.4M)
Technology0.0% ($324K)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 10, 2026 | $947.8M | 97 |
| Q3 2025 | Nov 10, 2025 | $1.0T | 123 |
| Q2 2025 | Aug 11, 2025 | $1.0T | 124 |
| Q1 2025 | May 14, 2025 | $983.7B | 126 |
| Q4 2024 | Feb 10, 2025 | $1.1T | 99 |
| Q3 2024 | Nov 12, 2024 | $1289.5T | 110 |
| Q2 2024 | Aug 8, 2024 | $1164.3T | 114 |
| Q1 2024 | May 9, 2024 | $1415.9T | 122 |
| Q4 2023 | Feb 8, 2024 | $1395.9T | 128 |
| Q3 2023 | Nov 13, 2023 | $1333.6T | 122 |
| Q2 2023 | Aug 10, 2023 | $1283.0T | 120 |
| Q1 2023 | May 15, 2023 | $1316.5T | 127 |
| Q4 2022 | Feb 13, 2023 | $1609.4T | 137 |
| Q3 2022 | Nov 10, 2022 | $1.8T | 139 |
| Q2 2022 | Aug 11, 2022 | $1.6T | 148 |
| Q1 2022 | May 12, 2022 | $793.1B | 68 |
| Q4 2021 | Feb 14, 2022 | $1.5T | 118 |
| Q3 2021 | Nov 10, 2021 | $1.3T | 109 |
| Q2 2021 | Aug 12, 2021 | $1.1T | 102 |
| Q1 2021 | May 14, 2021 | $857.5B | 84 |
| Q4 2020 | Feb 11, 2021 | $958.5B | 91 |
| Q3 2020 | Nov 13, 2020 | $845.7B | 92 |
| Q2 2020 | Aug 11, 2020 | $698.6B | 90 |
| Q1 2020 | May 13, 2020 | $668.7B | 105 |
| Q4 2019 | Feb 13, 2020 | $769.9B | 88 |
| Q3 2019 | Nov 13, 2019 | $874.5B | 102 |
| Q2 2019 | Aug 12, 2019 | $881.8B | 90 |
| Q1 2019 | May 14, 2019 | $778.0B | 82 |
| Q4 2018 | Feb 14, 2019 | $683.9B | 78 |
| Q3 2018 | Nov 14, 2018 | $825.2B | 91 |
| Q2 2018 | Aug 9, 2018 | $828.1B | 86 |
| Q1 2018 | May 11, 2018 | $934.9B | 87 |
| Q4 2017 | Feb 14, 2018 | $877.5B | 84 |
| Q3 2017 | Nov 13, 2017 | $962.9B | 79 |
| Q2 2017 | Aug 9, 2017 | $1.1T | 82 |
| Q1 2017 | May 11, 2017 | $1.2T | 82 |
| Q4 2016 | Feb 13, 2017 | $1.3T | 83 |
| Q3 2016 | Nov 14, 2016 | $1.3T | 80 |
| Q2 2016 | Aug 11, 2016 | $1.2T | 78 |
| Q1 2016 | May 10, 2016 | $1.1T | 74 |
Fund Information
SHENKMAN CAPITAL MANAGEMENT INC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $947.8M across 97 holdings. The largest position is INVESCO EXCH TRADED FD TR II (BKLN), representing 6.6% of the portfolio. Compared to the previous quarter, the fund opened 15 new positions and closed 41 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.