SHENKMAN CAPITAL MANAGEMENT INC
Sector Allocation
- Other35.2%$254.1M
- Technology20.6%$148.7M
- Industrials12.8%$92.0M
- Financials10.9%$78.5M
- Utilities7.7%$55.8M
- Healthcare5.0%$36.1M
- Communication Services3.9%$28.3M
- Energy1.8%$12.9M
- Consumer Discretionary1.3%$9.2M
- Consumer Staples0.8%$5.4M
AUM History
13fpro.ai/research/fund/shenkman-capital-management-inc-1275228
Conviction and streaks
Stable · top 10 = 42.5%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
IVZ
$57.2M- ISHARES$51.5M
ETSY
$43.8MPSN
$32.8M- DOORDASH$28.6M
SMCI
$23.4MCMS
$19.5M- SPDR$17.0M
- RIVIAN$16.4M
- VARONIS$16.3M
WBD
$16.0M- INTEGER$14.3M
NTNX
$13.2MBL
$13.1MRGEN
$13.0MAVAV
$12.5MSITM
$12.2M- $11.9M
- REDFIN$11.5M
- BOFA$11.0M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/shenkman-capital-management-inc-1275228
SHENKMAN CAPITAL MANAGEMENT INC 13F holdings — Q2 2026
$720.8M portfolio (-13.2% QoQ) · 80 holdings · Q2 2026 13F · top 10 are 43% of the stock portfolio
$57.2M
7.9% of stocks
+44%This quarter-10.1%Since filed9 qtrsHeld- 2
ISHARES TR - BROAD USD HIGH
$51.5M
7.2% of stocks
-20%This quarter—Since filed—HeldAIQuality—Est. buy— $43.8M
6.1% of stocks
-10%This quarter+6.3%Since filed10+ qtrsHeld$32.8M
4.6% of stocks
+90%This quarter+8.4%Since filed6 qtrsHeld- 5
DOORDASH INC - NOTE 5/1
$28.6M
4.0% of stocks
NewThis quarter—Since filedNew this quarterHeldAIQuality—Est. buy— $23.4M
3.2% of stocks
NewThis quarter+3.9%Since filedNew this quarterHeld$19.5M
2.7% of stocks
-12%This quarter+0.8%Since filed9 qtrsHeld- 8
SPDR SERIES TRUST - ST TERM HIGH ETF
$17.0M
2.4% of stocks
-67%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
RIVIAN AUTOMOTIVE INC - NOTE 3.625%10/1
$16.4M
2.3% of stocks
-37%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
VARONIS SYS INC - NOTE 1.000% 9/1
$16.3M
2.3% of stocks
-32%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $57.2M | 7.9% | +44% | -10.1% | 9 qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 2 | ISHARES TR - BROAD USD HIGH | $51.5M | 7.2% | -20% | — | — | — | — | |
| 3 | $43.8M | 6.1% | -10% | +6.3% | 10+ qtrs | 57.0#1,111 | Estimated buy price is Pro: unlock with a free trial | ||
| 4 | $32.8M | 4.6% | +90% | +8.4% | 6 qtrs | 50.3#1,620 | Estimated buy price is Pro: unlock with a free trial | ||
| 5 | DOORDASH INC - NOTE 5/1 | $28.6M | 4.0% | New | — | New this quarter | — | — | |
| 6 | $23.4M | 3.2% | New | +3.9% | New this quarter | 61.5#778 | Estimated buy price is Pro: unlock with a free trial | ||
| 7 | $19.5M | 2.7% | -12% | +0.8% | 9 qtrs | 54.9#1,290 | Estimated buy price is Pro: unlock with a free trial | ||
| 8 | SPDR SERIES TRUST - ST TERM HIGH ETF | $17.0M | 2.4% | -67% | — | — | — | — | |
| 9 | RIVIAN AUTOMOTIVE INC - NOTE 3.625%10/1 | $16.4M | 2.3% | -37% | — | — | — | — | |
| 10 | VARONIS SYS INC - NOTE 1.000% 9/1 | $16.3M | 2.3% | -32% | — | — | — | — |
All holdings — SHENKMAN CAPITAL MANAGEMENT INC (Q2 2026)
80 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Warner Bros. Discovery, Inc. | Communication Services | $16.0M | 2.2% | 566K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | — | INTEGER HLDGS CORP - DBCV 1.875% 3/1 | — | $14.3M | 2.0% | 14.39M | +21% | — | — | 13F |
| 13 | Nutanix, Inc.note | Technology | $13.2M | 1.8% | 13.10M | +19% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | BLACKLINE, INC.note | Technology | $13.1M | 1.8% | 13.97M | -20% | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | REPLIGEN CORPnote | Healthcare | $13.0M | 1.8% | 12.48M | +10% | 7 qtrsAdded 7 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | AeroVironment Incnote | Industrials | $12.5M | 1.7% | 12.84M | +8% | 4 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | SITIME Corpnote | Technology | $12.2M | 1.7% | 10.81M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | ETSY INCnote | Industrials | $11.9M | 1.7% | 11.45M | New | 10+ qtrs | 57.0 | 13F | |
| 19 | — | REDFIN CORP - NOTE 0.500% 4/0note | — | $11.5M | 1.6% | 11.91M | -0.7% | — | — | 13F |
| 20 | — | BOFA FIN LLC - MTNF 0.600% 5/2 | — | $11.0M | 1.5% | 8.65M | -30% | — | — | 13F |
| 21 | FIRSTENERGY CORPnote | Utilities | $9.9M | 1.4% | 8.63M | +88% | 9 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | — | TETRA TECH INC NEW - DBCV 2.250% 8/1 | — | $9.2M | 1.3% | 8.41M | -3% | — | — | 13F |
| 23 | — | MARRIOTT VACATIONS WORLDWIDE - NOTE 3.250%12/1note | — | $9.2M | 1.3% | 9.34M | +10% | — | — | 13F |
| 24 | — | CHEESECAKE FACTORY INC - NOTE 2.000% 3/1note | — | $8.9M | 1.2% | 6.79M | -18% | — | — | 13F |
| 25 | Upstart Holdings, Inc.note | Financials | $8.8M | 1.2% | 10.55M | +111% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $WEC | WEC ENERGY GROUP, INC. | Utilities | $8.6M | 1.2% | 8.10M | New | |||
| 27 | $ETSY | ETSY INC | Industrials | $8.5M | 1.2% | 7.22M | New | |||
| 28 | — | LCI INDS - NOTE 3.000% 3/0 | — | $8.4M | 1.2% | 7.31M | +115% | |||
| 29 | $NOG | NORTHERN OIL & GAS, INC. | Energy | $8.3M | 1.1% | 8.40M | +14% | |||
| 30 | $PNW | PINNACLE WEST CAPITAL CORP | Utilities | $7.7M | 1.1% | 6.40M | -9% | |||
| 31 | $ECHO | EchoStar CORP | Communication Services | $7.6M | 1.1% | 71K | New | |||
| 32 | $ITRI | ITRON, INC. | Technology | $7.6M | 1.1% | 7.44M | -11% | |||
| 33 | $DDOG | Datadog, Inc. | Technology | $7.2M | 1.0% | 4.95M | -69% | |||
| 34 | $TCOM | Trip.com Group Ltd | Consumer Discretionary | $7.1M | 1.0% | 7.05M | +551% | |||
| 35 | $CELC | Celcuity Inc. | Healthcare | $7.0M | 1.0% | 6.05M | New | |||
| 36 | — | ARROWHEAD PHARMACEUTICALS IN - NOTE 1/1 | — | $7.0M | 1.0% | 5.75M | -34% | |||
| 37 | — | CYBERARK SOFTWARE LTD - NOTE 6/1 | — | $6.9M | 1.0% | 4.04M | New | |||
| 38 | $FLNC | Fluence Energy, Inc. | Technology | $6.9M | 0.9% | 5.25M | -34% | |||
| 39 | — | CRACKER BARREL OLD CTRY STOR - NOTE 1.750% 9/1 | — | $6.7M | 0.9% | 6.50M | New | |||
| 40 | $RBRK | Rubrik, Inc. | Technology | $6.6M | 0.9% | 6.33M | New | |||
| 41 | $MSTR | Strategy Inc | Financials | $6.5M | 0.9% | 7.54M | -76% | |||
| 42 | — | ALPHATEC HLDGS INC - NOTE 0.750% 3/1 | — | $6.5M | 0.9% | 6.63M | +152% | |||
| 43 | $GLNG | GOLAR LNG LTD | Industrials | $6.4M | 0.9% | 5.63M | New | |||
| 44 | — | MERIT MED SYS INC - NOTE 3.000% 2/0 | — | $5.6M | 0.8% | 4.97M | New | |||
| 45 | $MTH | Meritage Homes CORP | Industrials | $5.5M | 0.8% | 5.19M | -47% | |||
| 46 | $POST | Post Holdings, Inc. | Consumer Staples | $5.4M | 0.8% | 5.06M | -12% | |||
| 47 | $METC | Ramaco Resources, Inc. | Energy | $4.7M | 0.7% | 6.11M | -19% | |||
| 48 | — | ISHARES TR - 20 YR TR BD ETF | — | $4.5M | 0.6% | 36K | +99% | |||
| 49 | — | ALKAMI TECHNOLOGY INC - NOTE 1.500% 3/1 | — | $4.5M | 0.6% | 4.57M | -6% | |||
| 50 | $SMCI | Super Micro Computer, Inc. | Technology | $4.2M | 0.6% | 80K | New | |||
| 51 | $SO | SOUTHERN CO | Utilities | $4.1M | 0.6% | 4.00M | +11% | |||
| 52 | $IRTC | iRhythm Holdings, Inc. | Healthcare | $4.0M | 0.6% | 3.57M | -11% | |||
| 53 | — | WILLIS LEASE FIN CORP - NOTE 2.500% 5/1 | — | $4.0M | 0.6% | 3.60M | New | |||
| 54 | $BLCO | Bausch & Lomb Corp | Healthcare | $3.6M | 0.5% | 206K | New | |||
| 55 | $MCHP | MICROCHIP TECHNOLOGY INC | Technology | $3.5M | 0.5% | 3.17M | +61% | |||
| 56 | $UBER | Uber Technologies, Inc | Technology | $3.4M | 0.5% | 2.86M | -28% | |||
| 57 | $TE | T1 Energy Inc. | Technology | $3.3M | 0.5% | 1.85M | +12% | |||
| 58 | $NUVB | Nuvation Bio Inc. | Healthcare | $3.2M | 0.4% | 3.00M | New | |||
| 59 | $ONIT | ONITY GROUP INC. | Financials | $3.2M | 0.4% | 77K | — | |||
| 60 | — | NCL CORP LTD - NOTE 0.875% 4/1 | — | $3.2M | 0.4% | 2.83M | New | |||
| 61 | $LYV | Live Nation Entertainment, Inc. | Communication Services | $3.0M | 0.4% | 2.45M | -49% | |||
| 62 | $GPN | GLOBAL PAYMENTS INC | Financials | $2.7M | 0.4% | 3.03M | -85% | |||
| 63 | $DBX | DROPBOX, INC. | Technology | $2.7M | 0.4% | 2.69M | -86% | |||
| 64 | $TVTX | Travere Therapeutics, Inc. | Healthcare | $2.7M | 0.4% | 2.25M | -77% | |||
| 65 | $WEC | WEC ENERGY GROUP, INC. | Utilities | $2.7M | 0.4% | 2.21M | -24% | |||
| 66 | — | JAZZ INVESTMENTS I LTD - NOTE 3.125% 9/1 | — | $2.7M | 0.4% | 1.55M | -35% | |||
| 67 | $GME | GameStop Corp. | Technology | $2.4M | 0.3% | 2.33M | New | |||
| 68 | $TE | T1 Energy Inc. | Technology | $2.4M | 0.3% | 1.35M | New | |||
| 69 | $JD | JD.com, Inc. | Consumer Discretionary | $2.1M | 0.3% | 2.17M | -72% | |||
| 70 | $JELD | JELD-WEN Holding, Inc. | Industrials | $1.9M | 0.3% | 1.20M | New | |||
| 71 | $FWONA | Liberty Media Corp | Communication Services | $1.8M | 0.2% | 1.35M | -72% | |||
| 72 | $WEC | WEC ENERGY GROUP, INC. | Utilities | $1.7M | 0.2% | 1.33M | -34% | |||
| 73 | $LNT | ALLIANT ENERGY CORP | Utilities | $1.7M | 0.2% | 1.50M | New | |||
| 74 | $MKSI | MKS INC | Technology | $1.6M | 0.2% | 559K | -56% | |||
| 75 | $EAF | GRAFTECH INTERNATIONAL LTD | Technology | $1.5M | 0.2% | 243K | New | |||
| 76 | $HAE | HAEMONETICS CORP | Healthcare | $1.3M | 0.2% | 1.32M | -29% | |||
| 77 | $FLR | FLUOR CORP | Industrials | $1.3M | 0.2% | 1.00M | -33% | |||
| 78 | $NVST | Envista Holdings Corp | Healthcare | $1.1M | 0.2% | 1.13M | -65% | |||
| 79 | $GOOG | Alphabet Inc. | Technology | $510K | 0.1% | 9,050 | New | |||
| 80 | $GME | GameStop Corp. | Technology | $36K | 0.0% | 13K | -35% |
What changed in Q2 2026
Against the previous quarter's 13F: 18 new, 17 added to, 37 trimmed, 25 sold out. Share-count changes; largest moves by dollar size first.
New positions (18)
- DOORDASH INC - NOTE 5/1$28.6M
first bought this quarter
first bought this quarter
first bought this quarter
$ECHOEchoStar CORP$7.6M
first bought this quarter
$CELCCelcuity Inc.$7.0M
first bought this quarter
- CYBERARK SOFTWARE LTD - NOTE 6/1$6.9M
first bought this quarter
+12 more in the Excel export
Added to (17)
now $57.2M · held 9 qtrs
now $32.8M · held 6 qtrs
$TCOMTrip.com Group Ltd+551%
now $7.1M · held 5 qtrs
$UPSTUpstart Holdings, Inc.+111%
now $8.8M · held 2 qtrs, 2 adds in a row
$FEFIRSTENERGY CORP+88%
now $9.9M · held 9 qtrs
- LCI INDS - NOTE 3.000% 3/0+115%
now $8.4M
+11 more in the Excel export
Trimmed (37)
- SPDR SERIES TRUST - ST TERM HIGH ETF-67%
now $17.0M
$MSTRStrategy Inc-76%
now $6.5M · held 3 qtrs
$DBXDROPBOX, INC.-86%
now $2.7M · held 10+ qtrs, 2 trims in a row
$DDOGDatadog, Inc.-69%
now $7.2M · held 3 qtrs, 2 trims in a row
$GPNGLOBAL PAYMENTS INC-85%
now $2.7M · held 6 qtrs
- ISHARES TR - BROAD USD HIGH-20%
now $51.5M
+31 more in the Excel export
Holdings by quarter
Every 13F SHENKMAN CAPITAL MANAGEMENT INC has filed, 40 earlier quarters. Pick one to see what it held then.
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Q2 2026 13F filed with the SEC on Aug 10, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of SHENKMAN CAPITAL MANAGEMENT's top 20 holdings: 56/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
+3.2%
Value-weighted move of the 10 largest stock positions
Turnover
28%
Last quarter; 107% over the last 4
Top 10 weight
43%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
69%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
SHENKMAN CAPITAL MANAGEMENT INC disclosed 80 positions worth $720.8M in its Form 13F-HR for Q2 2026, led by $IVZ (Invesco Ltd.) at 7.9% of the equity portfolio. During the quarter the fund opened 18 new positions and exited 25 and a full exit from $AKAM. The portfolio is most concentrated in Other (35.2% of disclosed assets). All figures are sourced directly from SHENKMAN CAPITAL MANAGEMENT INC’s Form 13F-HR filing with the SEC under CIK 1275228.
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AI-Powered Hedge Fund Analysis: SHENKMAN CAPITAL MANAGEMENT INC
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