SC

Shenkman Capital Management INC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$830.6M

Reporting period: 2026-03-31 · Number of holdings: 81

SHENKMAN CAPITAL MANAGEMENT INC disclosed 81 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $830.6M and a quarterly turnover rate of 62.6%.

Personality snowflake

Concentration
11.15
Portfolio Stability
62.56
Momentum/Contrarian
100
Sector conviction
73.74
Diversification
100
Sizing Uniformity
88.72

Recent moves

  • Add USHY

    +33.3%　$16.0M

  • Add AKAM 1.125 02-15-29

    +71.5%　$15.4M

  • Add SJNK

    +38.7%　$12.3M

  • Trim BKLN

    -33.6%　-$22.4M

  • Trim UNIT 7.5 12-01-27

    -69.5%　-$17.6M

  • Add RIVN 3.625 10-15-30

    +147.1%　$12.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1USHYIshares Broad Usd High YieldETF-High Yield7.72%+2.64%+33.31%
2SJNKSs Spdr Bb St Hi Yield ETFETF-Other6.00%+2.04%+38.75%
3ETSY 0.25 06-15-28Etsy INCStock-Consumer Disc5.77%—-5.78%
4BKLNInvesco Senior Loan ETFETF-Other4.84%-1.77%-33.62%
5AKAM 1.125 02-15-29Akamai Technologies INCStock-Tech3.74%+2.08%+71.46%
6MSTR 0 12-01-29Strategy INCStock-Tech3.16%+1.51%+66.07%
7RIVN 3.625 10-15-30Rivian Auto INCStock-Consumer Disc2.80%+1.66%+147.07%
8CMS 3.375 05-01-28Cms Energy CORPStock-Utilities2.70%+1.38%+68.24%
9SMCI 3.5 03-01-29Super Micro Computer INCStock-Tech2.67%—+13.87%
10ON 0.5 03-01-29On Semiconductor CORPStock-Tech2.62%+0.90%+29.55%
11VRNS 1 09-15-29Varonis System INCStock-Tech2.59%+1.04%+57.51%
12DBX 0 03-01-28Dropbox INCStock-Tech2.31%—-7.67%
13GPN 1.5 03-01-31Global Payments INCStock-Industrials2.20%—+4.61%
14PSN 2.625 03-01-29Parsons CORPStock-Tech2.09%-1.15%-38.96%
15BL 1 06-01-29Blackline INCStock-Tech2.02%—+2.95%
16DDOG 0 12-01-29Datadog INCStock-Tech1.87%—-16.83%
17BAC 0.6 05-25-27 MTNBofa Finance LLCStock-Financials1.79%—-4.26%
18BABA 0.5 06-01-31Alibaba Group HoldingStock-Consumer Disc1.75%—-5.39%
19TVTX 2.25 03-01-29Travere Therapeutics INCStock-Other1.50%—+45.03%
20AVAV 0 07-15-30Aerovironment INCStock-Industrials1.43%+0.91%+169.76%
21ITGR 1.875 03-15-30Integer Holdings CORPStock-Healthcare1.40%+1.40%NEW
22RDFN 0.5 04-01-27Redfin CORPStock-Other1.39%—-0.41%
23RGEN 1 12-15-28Repligen CORPStock-Healthcare1.36%—+12.36%
24GWRE 1.25 11-01-29Guidewire Software INCStock-Tech1.32%+0.64%+86.84%
25VSH 2.25 09-15-30Vishay IntertechnologyStock-Other1.23%—+40.34%
26NTNX 0.5 12-15-29Nutanix INCStock-Tech1.22%—+2.33%
27MTH 1.75 05-15-28Meritage Homes CORPStock-Consumer Disc1.15%+1.15%NEW
28TTEK 2.25 08-15-28Tetra Tech INCStock-Industrials1.12%——
29ARWR 0 01-15-32Arrowhead Research CORPStock-Healthcare1.10%+1.10%NEW
30UNIT 7.5 12-01-27Uniti Group INCStock-Other1.10%-1.73%-69.46%
31NEE 3 03-01-27Nextera Energy CapitalStock-Utilities1.07%—-22.79%
32CAKE 2 03-15-30Cheesecake Factory (the)Stock-Consumer Disc1.04%+1.04%NEW
33ITRI 1.375 07-15-30Itron INCStock-Tech1.03%—-3.48%
34NOG 3.625 04-15-29Northern Oil & Gas INCStock-Energy1.00%——
35VAC 3.25 12-15-27Marriott Vacation WorldwStock-Consumer Disc0.99%—-0.47%
36FLNC 2.25 06-15-30Fluence Energy INCStock-Other0.99%—+60.00%
37PNW 4.75 06-15-27Pinnacle West CapitalStock-Utilities0.99%+0.99%NEW
38EVRG 4.5 12-15-27Evergy INCStock-Utilities0.97%—-7.89%
39JD 0.25 06-01-29Jd.com INCStock-Consumer Disc0.92%-0.63%-47.84%
40JBTM 0.25 05-15-26Jbt Marel CORPStock-Industrials0.88%+0.68%+301.74%
41LYFT 0.625 03-01-29Lyft INCStock-Tech0.84%+0.61%+277.62%
42POST 2.5 08-15-27Post Holdings INCStock-Consumer Staples0.77%—+6.46%
43SYNA 0.75 12-01-31Synaptics INCStock-Other0.75%——
44WHR 8.5 02-15-29 AWhirlpool CORPStock-Consumer Disc0.74%+0.74%NEW
45METC 0 11-01-31Ramaco Resources INCStock-Other0.71%+0.71%NEW
46FWONK 2.25 08-15-27Liberty Media CORPStock-Comm Services0.68%——
47LYV 2.875 01-15-30Live Nation EntertainmenStock-Comm Services0.64%—-14.39%
48FE 4 05-01-26Firstenergy CORPStock-Utilities0.62%-0.97%-68.55%
49NIO 4.625 10-15-30Nio INCStock-Consumer Disc0.61%+0.61%NEW
50UBER 0.875 12-01-28 2028Uber Technologies INCStock-Industrials0.58%—+45.48%
1–50 of 81

Holding changes this quarter

Shenkman Capital Management INC's most significant position changes for 2026-03-31: Sold out: Duke Energy CORP (DUK 4.125 04-15-26); Sold out: Digitalocean Holdings (DOCN 0 12-01-26); Sold out: Itron INC (ITRI 0 03-15-26); Sold out: Enovis CORP (ENOV 3.875 10-15-28); New buy: Integer Holdings CORP (ITGR 1.875 03-15-30).

Position changes disclosed by Shenkman Capital Management INC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1USHYIshares Broad Usd High Yield+2.6%+33.31%Add
2AKAM 1.125 02-15-29Akamai Technologies INC+2.1%+71.46%Add
3SJNKSs Spdr Bb St Hi Yield ETF+2%+38.75%Add
4RIVN 3.625 10-15-30Rivian Auto INC+1.7%+147.07%Add
5MSTR 0 12-01-29Strategy INC+1.5%+66.07%Add
6CMS 3.375 05-01-28Cms Energy CORP+1.4%+68.24%Add
7VRNS 1 09-15-29Varonis System INC+1%+57.51%Add
8AVAV 0 07-15-30Aerovironment INC+0.9%+169.76%Add
9ON 0.5 03-01-29On Semiconductor CORP+0.9%+29.55%Add
10JBTM 0.25 05-15-26Jbt Marel CORP+0.7%+301.74%Add
11GWRE 1.25 11-01-29Guidewire Software INC+0.6%+86.84%Add
12LYFT 0.625 03-01-29Lyft INC+0.6%+277.62%Add
13BOX 1.5 09-15-29Box INC-0.4%-49.44%Trim
14JD 0.25 06-01-29Jd.com INC-0.6%-47.84%Trim
15WKC 3.25 07-01-28World Kinect Group-0.9%-96.72%Trim
16FLR 1.125 08-15-29Fluor CORP-0.9%-83.41%Trim
17FE 4 05-01-26Firstenergy CORP-1%-68.55%Trim
18PSN 2.625 03-01-29Parsons CORP-1.2%-38.96%Trim
19MKSI 1.25 06-01-30Mks INC-1.3%-88.54%Trim
20BBIO 2.25 02-01-29Bridgebio Pharma INC-1.3%-96.49%Trim
21UNIT 7.5 12-01-27Uniti Group INC-1.7%-69.46%Trim
22BKLNInvesco Senior Loan ETF-1.8%-33.62%Trim
23DUK 4.125 04-15-26Duke Energy CORP—EXITSold out
24DOCN 0 12-01-26Digitalocean Holdings—EXITSold out
25ITRI 0 03-15-26Itron INC—EXITSold out
26ENOV 3.875 10-15-28Enovis CORP—EXITSold out
27ITGR 1.875 03-15-30Integer Holdings CORP—NEWNew buy
28SABHLD 7.32 08-01-26Sabre Glbl INC—EXITSold out
29TYL 0.25 03-15-26Tyler Technologies INC—EXITSold out
30GBX 2.875 04-15-28Greenbrier Cos INC—EXITSold out
31SIRI 3.75 03-15-28Sirius Xm Holdings—EXITSold out
32MTH 1.75 05-15-28Meritage Homes CORP—NEWNew buy
33LIVN 2.5 03-15-29Livanova PLC—EXITSold out
34ARWR 0 01-15-32Arrowhead Research CORP—NEWNew buy
35CAKE 2 03-15-30Cheesecake Factory (the)—NEWNew buy
36TNDM 1.5 03-15-29 2024Tandem Diabetes Care INC—EXITSold out
37SEI 0.25 10-01-31Solaris Energy Infrastru—EXITSold out
38PNW 4.75 06-15-27Pinnacle West Capital—NEWNew buy
39VERX 0.75 05-01-29Vertex INC—EXITSold out
40ORA 2.5 07-15-27Ormat Technologies INC—EXITSold out
41WK 1.25 08-15-28Workiva INC—EXITSold out
42CCOClear Channel Outdoor Holdin—EXITSold out
43WHR 8.5 02-15-29 AWhirlpool CORP—NEWNew buy
44METC 0 11-01-31Ramaco Resources INC—NEWNew buy
45NIO 4.625 10-15-30Nio INC—NEWNew buy
46BSY 0.125 01-15-26Bentley Systems INC—EXITSold out
47IRTC 1.5 09-01-29Irhythm Holdings INC—NEWNew buy
48ALKTEC 1.5 03-15-30Alkami Technology INC—NEWNew buy
49LCII 3 03-01-30Lci Industries—NEWNew buy
50PENG 2 08-15-30Penguin Solutions INC—NEWNew buy

FAQ

What is Shenkman Capital Management INC and what type of investor is it?
Shenkman Capital Management INC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $830.6M, spread across 81 disclosed positions.
What are Shenkman Capital Management INC's largest equity positions?
Based on the latest 13F filing, Shenkman Capital Management INC's top holdings by market value are: 1. Ishares Broad Usd High Yield (USHY) — $64.2M (7.7%) 2. Ss Spdr Bb St Hi Yield ETF (SJNK) — $49.8M (6.0%) 3. Etsy INC (ETSY 0.25 06-15-28) — $47.9M (5.8%) 4. Invesco Senior Loan ETF (BKLN) — $40.2M (4.8%) 5. Akamai Technologies INC (AKAM 1.125 02-15-29) — $31.1M (3.7%)
What changes did Shenkman Capital Management INC make in its most recent portfolio filing?
In the latest reported quarter, Shenkman Capital Management INC made 50 notable position adjustments: 12 new positions were initiated, 12 existing holdings were added to, 10 positions were partially reduced, and 16 were completely exited. The largest of these moves: Sold out: Duke Energy CORP (DUK 4.125 04-15-26); Sold out: Digitalocean Holdings (DOCN 0 12-01-26); Sold out: Itron INC (ITRI 0 03-15-26); Sold out: Enovis CORP (ENOV 3.875 10-15-28); New buy: Integer Holdings CORP (ITGR 1.875 03-15-30)
What sectors does Shenkman Capital Management INC focus on?
Shenkman Capital Management INC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 40.2% • Consumer Discretionary: 23.2% • Utilities: 11.6% • Industrials: 9.5% • Health Care: 7.6% • Financials: 3.4%