Shenkman Capital Management Inc.

Name: SHENKMAN CAPITAL MANAGEMENT INC 13F holdings, Q1 2024
Creator: SHENKMAN CAPITAL MANAGEMENT INC
Published: 2024-05-09

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Shenkman Capital Management Inc. reported 10 stock positions worth $139.4 million. Its top holding was SS SPDR BB St Hi Yield ETF (SJNK) at 32.5% of the portfolio, followed by Diamond Offshore Drilling (DO, 22.0%) and Lendingtree (TREE, 11.9%). Compared with Q4 2023, it sold out of 1, added to 3 and reduced 3. The biggest buy was SS SPDR BB St Hi Yield ETF (SJNK, shares +65%) and the biggest sale an exit from Invesco Senior Loan ETF (BKLN).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001275228
Portfolio Value: $139.4M (Q1 2024)
SEC Filing: 0001085146-24-002354 ↗ filed May 9, 2024

Holdings Value

Holdings 10 stocks · $139.4M


SJNK SS SPDR BB St Hi Yield ETF	32.55%	1,853,250	$45.4M	Add +64.6%
DO Diamond Offshore Drilling Inc.	21.97%	2,280,975	$30.6M	No change
TREE Lendingtree Inc.	11.86%	390,402	$16.5M	Add +13.7%
SMLP Summit Midstream Partners LP	11.75%	583,620	$16.4M	Reduce -34.7%
NRG ENERGY INC (NRG 2.75 06/01/48)	8.44%	7,061,000	$11.8M	Reduce -14.3%
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30)	6.27%	21,634,000	$8.7M	Add +14.2%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	2.36%	42,405	$3.3M	Reduce -81.0%
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29)	2.05%	7,000,000	$2.9M	No change
CCO Clear Channel Outdoor Holdin	2.02%	1,704,589	$2.8M	No change
WGHTQ WW International Inc. filed as WW INTL INC	0.74%	557,118	$1.0M	No change

Other holdings (112): bonds, preferreds, convertibles and warrants · $1.3B (not counted above)

Security	Class	Shares / Principal	Value	Change
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	77,190,000	$65.4M	Reduce -25.9%
ENPHASE ENERGY INC (ENPH 0 03/01/28)	NOTE 3/0 · principal	44,945,000	$39.3M	Add +383.0%
UBER TECHNOLOGIES INC (UBER 0 12/15/25)	NOTE 12/1 · principal	29,379,000	$33.8M	Add +120.6%
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	30,832,000	$32.7M	Add +7.9%
BLACKLINE INC (BL 0.125 08/01/24)	NOTE 0.125% 8/0 · principal	31,212,000	$32.5M	Add +58.0%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	27,466,000	$29.7M	Add +5.0%
DEXCOM INC (DXCM 0.25 11/15/25)	NOTE 0.250%11/1 · principal	26,020,000	$29.1M	Add +36.9%
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	29,609,000	$28.8M	Reduce -8.7%
SNAP INC (SNAP 0.75 08/01/26)	NOTE 0.750% 8/0 · principal	28,443,000	$27.7M	Add +93.9%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	26,876,000	$27.1M	New
ENVESTNET INC (ENV 2.625 12/01/27)	NOTE 2.625%12/0 · principal	24,770,000	$27.0M	Add +3.4%
EXACT SCIENCES CORP (EXAS 0.375 03/15/27)	NOTE 0.375% 3/1 · principal	27,334,000	$26.8M	Add +7.0%
INSULET CORPORATION (PODD 0.375 09/01/26)	NOTE 0.375% 9/0 · principal	23,749,000	$25.1M	Add +162.7%
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	25,738,000	$25.1M	Add +18.9%
BLOCK INC (XYZ 0.125 03/01/25)	NOTE 0.125% 3/0 · principal	23,979,000	$24.9M	New
RAPID7 INC (RPD 0.25 03/15/27)	NOTE 0.250% 3/1 · principal	27,078,000	$24.5M	Add +6.4%
LIVE NATION ENTERTAINMEN (LYV 2 02/15/25)	NOTE 2.000% 2/1 · principal	21,206,000	$24.0M	Add +74.7%
ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	21,880,000	$23.7M	Add +66.3%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	NOTE 1.250% 5/0 · principal	22,785,000	$23.7M	Add +47.1%
SABRE GLBL INC (SABHLD 7.32 08/01/26)	NOTE 7.320% 8/0 · principal	26,373,000	$23.1M	New
LENDINGTREE INC (TREE 0.5 07/15/25)	NOTE 0.500% 7/1 · principal	23,635,000	$21.7M	Add +73.0%
DROPBOX INC (DBX 0 03/01/26)	NOTE 3/0 · principal	20,337,000	$19.6M	Add +65.4%
PELOTON INTERACTIVE INC (PTON 0 02/15/26)	NOTE 2/1 · principal	22,480,000	$19.2M	Reduce -13.1%
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	17,950,000	$17.2M	Add +140.8%
ZILLOW GROUP INC (Z 2.75 05/15/25)	NOTE 2.750% 5/1 · principal	14,964,000	$16.4M	Add +29.8%
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	11,996,000	$16.3M	Add +64.5%
BOX INC (BOX 0 01/15/26)	NOTE 1/1 · principal	12,879,000	$15.9M	Add +11.0%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	16,393,000	$15.9M	Add +14.7%
NICE LTD (NICEIT 0 09/15/25)	NOTE 9/1 · principal	14,440,000	$15.5M	Add +13.9%
ZILLOW GROUP INC (Z 1.375 09/01/26)	NOTE 1.375% 9/0 · principal	11,860,000	$15.1M	Add +281.6%
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26)	NOTE 4/0 · principal	14,674,000	$14.9M	Add +34.2%
MARRIOTT VACATION WORLDW (VAC 0 01/15/26)	NOTE 1/1 · principal	15,029,000	$14.5M	Add +200.1%
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	10,899,000	$14.2M	Add +22.0%
VERINT SYSTEMS INC (VRNT 0.25 04/15/26)	NOTE 0.250% 4/1 · principal	14,315,000	$14.1M	Reduce -17.8%
CONMED CORP (CNMD 2.25 06/15/27)	NOTE 2.250% 6/1 · principal	14,829,000	$14.1M	Add +12.0%
POST HOLDINGS INC (POST 2.5 08/15/27)	NOTE 2.500% 8/1 · principal	11,981,000	$14.0M	Add +5.6%
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	14,141,000	$13.1M	Add +19.3%
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26)	NOTE 1.750% 5/0 · principal	12,872,000	$12.9M	New
DROPBOX INC (DBX 0 03/01/28)	NOTE 3/0 · principal	12,905,000	$12.4M	Add +16.8%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	13,370,000	$12.1M	Add +13.1%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26)	NOTE 0.125% 1/1 · principal	11,607,000	$12.0M	Add +10.0%
LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)	NOTE 3.125% 1/1 · principal	9,544,000	$11.9M	New
ITRON INC (ITRI 0 03/15/26)	NOTE 3/1 · principal	10,843,000	$11.2M	Add +12.9%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27)	NOTE 1.250% 5/1 · principal	10,901,000	$11.0M	Reduce -5.2%
AIRBNB INC (ABNB 0 03/15/26)	NOTE 3/1 · principal	11,489,000	$10.9M	New
SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28)	NOTE 3.750% 3/1 · principal	8,506,000	$10.8M	New
ZSCALER INC. (ZS 0.125 07/01/25)	NOTE 0.125% 7/0 · principal	7,391,000	$10.5M	Reduce -34.3%
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28)	NOTE 2.125% 2/1 · principal	7,036,000	$10.5M	New
ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27)	NOTE 1.750% 6/1 · principal	7,683,000	$10.4M	Add +5.2%
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24)	NOTE 0.125%11/1 · principal	9,362,000	$10.3M	Reduce -15.2%
BENTLEY SYSTEMS (BSY 0.375 07/01/27)	NOTE 0.375% 7/0 · principal	11,024,000	$10.2M	Add +9.3%
WAYFAIR INC (W 1 08/15/26)	NOTE 1.000% 8/1 · principal	10,856,000	$10.1M	Reduce -47.5%
IMAX CORP (IMAX 0.5 04/01/26)	NOTE 0.500% 4/0 · principal	9,713,000	$9.7M	Add +29.5%
BURLINGTON STORES INC (BURL 2.25 04/15/25)	NOTE 2.250% 4/1 · principal	7,756,000	$9.5M	Add +38.2%
CYBERARK SOFTWARE LTD (CYBR 0 11/15/24)	NOTE 11/1 · principal	5,342,000	$9.4M	Reduce -31.7%
DAYFORCE INC (DAY 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	9,746,000	$9.2M	Add +14.3%
DATADOG INC (DDOG 0.125 06/15/25)	NOTE 0.125% 6/1 · principal	6,039,000	$8.8M	Reduce -43.3%
SNAP INC (SNAP 0 05/01/27)	NOTE 5/0 · principal	10,687,000	$8.6M	Reduce -3.5%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26)	NOTE 2.000% 6/1 · principal	8,136,000	$8.6M	Reduce -3.1%
EXPEDIA GROUP INC (EXPE 0 02/15/26)	NOTE 2/1 · principal	8,996,000	$8.3M	Reduce -6.6%
JAMF HOLDING CORP (JAMF 0.125 09/01/26)	NOTE 0.125% 9/0 · principal	9,140,000	$8.3M	Add +94.4%
SABRE GLBL INC (SABHLD 4 04/15/25)	NOTE 4.000% 4/1 · principal	8,512,000	$8.1M	Reduce -25.5%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27)	NOTE 0.250% 3/0 · principal	8,369,000	$7.6M	Add +5.1%
SNAP INC (SNAP 0.125 03/01/28)	NOTE 0.125% 3/0 · principal	9,557,000	$7.3M	Reduce -2.1%
AXON ENTERPRISE INC (AXON 0.5 12/15/27)	NOTE 0.500%12/1 · principal	4,852,000	$7.2M	Reduce -47.4%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	6,784,000	$7.1M	Reduce -0.3%
LCI INDUSTRIES (LCII 1.125 05/15/26)	NOTE 1.125% 5/1 · principal	6,901,000	$6.8M	Add +5.0%
DISH NETWORK CORP (DISH 0 12/15/25)	NOTE 12/1 · principal	9,252,000	$6.8M	Add +18.2%
BLACKLINE INC (BL 0 03/15/26)	NOTE 3/1 · principal	6,767,000	$6.3M	Reduce -50.6%
IRONWOOD PHARMACEUTICALS (IRWD 1.5 06/15/26)	NOTE 1.500% 6/1 · principal	5,919,000	$6.2M	Add +183.6%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	5,850,000	$6.0M	New
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27)	NOTE 3.250%12/1 · principal	5,859,000	$5.6M	Add +190.3%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	5,526,000	$5.5M	Add +5.8%
INTERDIGITAL INC (IDCC 3.5 06/01/27)	NOTE 3.500% 6/0 · principal	3,556,000	$5.3M	Reduce -31.8%
CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28)	NOTE 2.375%12/1 · principal	4,226,000	$4.8M	Reduce -15.2%
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25)	NOTE 0.125% 5/0 · principal	3,866,000	$4.7M	Add +8.4%
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29)	NOTE 1.875%12/0 · principal	7,687,000	$4.5M	Reduce -10.2%
ENPHASE ENERGY INC (ENPH 0 03/01/26)	NOTE 3/0 · principal	4,635,000	$4.3M	Reduce -83.9%
STRIDE INC (LRN 1.125 09/01/27)	NOTE 1.125% 9/0 · principal	3,115,000	$4.2M	Reduce -22.3%
TRIPADVISOR INC (TRIP 0.25 04/01/26)	NOTE 0.250% 4/0 · principal	4,072,000	$3.8M	Reduce -17.9%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	4,120,000	$3.6M	New
PATRICK INDUSTRIES INC (PATK 1.75 12/01/28)	NOTE 1.750%12/0 · principal	2,644,000	$3.4M	Reduce -52.3%
JBT MAREL CORP (JBTM 0.25 05/15/26)	NOTE 0.250% 5/1 · principal	3,403,000	$3.2M	Reduce -49.2%
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27)	NOTE 1.250% 9/1 · principal	2,693,000	$3.2M	Reduce -23.1%
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49)	NOTE 0.750% 3/1 · principal	3,133,000	$3.1M	Reduce -31.5%
GREENBRIER COS INC (GBX 2.875 04/15/28)	NOTE 2.875% 4/1 · principal	2,666,000	$3.0M	Reduce -40.3%
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26)	NOTE 2.750% 5/1 · principal	2,315,000	$2.7M	New
PEGASYSTEMS INC (PEGA 0.75 03/01/25)	NOTE 0.750% 3/0 · principal	2,758,000	$2.7M	Add +18.0%
MICROSTRATEGY INC (MSTR 0 02/15/27)	NOTE 2/1 · principal	1,750,000	$2.4M	New
PERFICIENT INC (PRFT 0.125 11/15/26)	NOTE 0.125%11/1 · principal	2,638,000	$2.3M	Reduce -51.6%
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25)	NOTE 0.750% 5/0 · principal	1,167,000	$2.3M	Reduce -58.4%
CLOUDFLARE INC (NET 0 08/15/26)	NOTE 8/1 · principal	2,000,000	$1.9M	New
VARONIS SYSTEM INC (VRNS 1.25 08/15/25)	NOTE 1.250% 8/1 · principal	1,071,000	$1.8M	Reduce -67.2%
RIVIAN AUTO INC (RIVN 4.625 03/15/29)	NOTE 4.625% 3/1 · principal	2,067,000	$1.7M	New
NOVOCURE LTD (NVCR 0 11/01/25)	NOTE 11/0 · principal	1,793,000	$1.6M	Reduce -57.2%
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	1,435,000	$1.6M	Reduce -18.5%
INSMED INC (INSM 0.75 06/01/28)	NOTE 0.750% 6/0 · principal	1,332,000	$1.4M	Reduce -23.2%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27)	NOTE 2.500% 3/1 · principal	1,140,000	$1.2M	Add +52.0%
INFINERA CORP (INFN 3.75 08/01/28)	NOTE 3.750% 8/0 · principal	1,000,000	$1.1M	New
PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25)	NOTE 0.250% 5/1 · principal	324,000	$928K	No change
NUTANIX INC (NTNX 0.25 10/01/27)	NOTE 0.250%10/0 · principal	650,000	$800K	New
ETSY INC (ETSY 0.25 06/15/28)	NOTE 0.250% 6/1 · principal	1,000,000	$791K	Reduce -88.7%
NCL CORPORATION LTD (NCLH 5.375 08/01/25)	NOTE 5.375% 8/0 · principal	475,000	$627K	New
SHAKE SHACK INC (SHAK 0 03/01/28)	NOTE 3/0 · principal	668,000	$608K	Add +54.6%
ASCENDIS PHARMA A/S (ASND 2.25 04/01/28)	NOTE 2.250% 4/0 · principal	500,000	$583K	New
TELADOC HEALTH INC (TDOC 1.25 06/01/27)	NOTE 1.250% 6/0 · principal	677,000	$575K	No change
GUARDANT HEALTH INC (GH 0 11/15/27)	NOTE 11/1 · principal	750,000	$513K	No change
ETSY INC (ETSY 0.125 09/01/27)	NOTE 0.125% 9/0 · principal	606,000	$510K	Reduce -93.9%
OKTA INC (OKTA 0.125 09/01/25)	NOTE 0.125% 9/0 · principal	500,000	$481K	New
NABORS INDUSTRIES INC (NBR 1.75 06/15/29)	NOTE 1.750% 6/1 · principal	300,000	$230K	New
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28)	NOTE 0.500% 6/1 · principal	256,000	$199K	Reduce -54.9%
ON SEMICONDUCTOR CORP (ON 0 05/01/27)	NOTE 5/0 · principal	84,000	$124K	Reduce -61.1%

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q4 2023 → Q1 2024


BKLN Invesco Senior Loan ETF	Sold out	0.00%	−14.74
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Reduce -81.0%	2.36%	−7.84
SMLP Summit Midstream Partners LP	Reduce -34.7%	11.75%	+0.40
NRG ENERGY INC (NRG 2.75 06/01/48)	Reduce -14.3%	8.44%	+0.89

Portfolio Buys Q4 2023 → Q1 2024


SJNK SS SPDR BB St Hi Yield ETF	Add +64.6%	32.55%	+14.86
TREE Lendingtree Inc.	Add +13.7%	11.86%	+4.47
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30)	Add +14.2%	6.27%	+2.74

Notes & Other Activity Q4 2023 → Q1 2024


DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	Reduce -25.9%	77,190,000	$65.4M
LIBERTY LATIN AMERICA (LILAK 2 07/15/24)	NOTE 2.000% 7/1 · principal	Sold out	47,135,000	$45.7Mbefore exit
ENPHASE ENERGY INC (ENPH 0 03/01/28)	NOTE 3/0 · principal	Add +383.0%	44,945,000	$39.3M
UBER TECHNOLOGIES INC (UBER 0 12/15/25)	NOTE 12/1 · principal	Add +120.6%	29,379,000	$33.8M
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	Add +7.9%	30,832,000	$32.7M
BLACKLINE INC (BL 0.125 08/01/24)	NOTE 0.125% 8/0 · principal	Add +58.0%	31,212,000	$32.5M
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	Add +5.0%	27,466,000	$29.7M
DEXCOM INC (DXCM 0.25 11/15/25)	NOTE 0.250%11/1 · principal	Add +36.9%	26,020,000	$29.1M
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	Reduce -8.7%	29,609,000	$28.8M
SNAP INC (SNAP 0.75 08/01/26)	NOTE 0.750% 8/0 · principal	Add +93.9%	28,443,000	$27.7M
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	New	26,876,000	$27.1M
ENVESTNET INC (ENV 2.625 12/01/27)	NOTE 2.625%12/0 · principal	Add +3.4%	24,770,000	$27.0M
EXACT SCIENCES CORP (EXAS 0.375 03/15/27)	NOTE 0.375% 3/1 · principal	Add +7.0%	27,334,000	$26.8M
INSULET CORPORATION (PODD 0.375 09/01/26)	NOTE 0.375% 9/0 · principal	Add +162.7%	23,749,000	$25.1M
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	Add +18.9%	25,738,000	$25.1M
BLOCK INC (XYZ 0.125 03/01/25)	NOTE 0.125% 3/0 · principal	New	23,979,000	$24.9M
RAPID7 INC (RPD 0.25 03/15/27)	NOTE 0.250% 3/1 · principal	Add +6.4%	27,078,000	$24.5M
LIVE NATION ENTERTAINMEN (LYV 2 02/15/25)	NOTE 2.000% 2/1 · principal	Add +74.7%	21,206,000	$24.0M
ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	Add +66.3%	21,880,000	$23.7M
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	NOTE 1.250% 5/0 · principal	Add +47.1%	22,785,000	$23.7M
SABRE GLBL INC (SABHLD 7.32 08/01/26)	NOTE 7.320% 8/0 · principal	New	26,373,000	$23.1M
LENDINGTREE INC (TREE 0.5 07/15/25)	NOTE 0.500% 7/1 · principal	Add +73.0%	23,635,000	$21.7M
DISH NETWORK CORP (DISH 2.375 03/15/24)	NOTE 2.375% 3/1 · principal	Sold out	20,106,000	$20.1Mbefore exit
DROPBOX INC (DBX 0 03/01/26)	NOTE 3/0 · principal	Add +65.4%	20,337,000	$19.6M
SPIRIT AIRLINES INC (SAVE 1 05/15/26)	NOTE 1.000% 5/1 · principal	Sold out	27,601,000	$19.4Mbefore exit
PELOTON INTERACTIVE INC (PTON 0 02/15/26)	NOTE 2/1 · principal	Reduce -13.1%	22,480,000	$19.2M
SPLUNK INC (SPLK 1.125 06/15/27)	NOTE 1.125% 6/1 · principal	Sold out	19,583,000	$19.1Mbefore exit
IRONWOOD PHARMACEUTICALS (IRWD 0.75 06/15/24)	NOTE 0.750% 6/1 · principal	Sold out	17,330,000	$18.7Mbefore exit
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	Add +140.8%	17,950,000	$17.2M
ZILLOW GROUP INC (Z 2.75 05/15/25)	NOTE 2.750% 5/1 · principal	Add +29.8%	14,964,000	$16.4M
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	Add +64.5%	11,996,000	$16.3M
BOX INC (BOX 0 01/15/26)	NOTE 1/1 · principal	Add +11.0%	12,879,000	$15.9M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	Add +14.7%	16,393,000	$15.9M
NICE LTD (NICEIT 0 09/15/25)	NOTE 9/1 · principal	Add +13.9%	14,440,000	$15.5M
ZILLOW GROUP INC (Z 1.375 09/01/26)	NOTE 1.375% 9/0 · principal	Add +281.6%	11,860,000	$15.1M
IONIS PHARMACEUTICALS IN (IONS 0 04/01/26)	NOTE 4/0 · principal	Add +34.2%	14,674,000	$14.9M
MARRIOTT VACATION WORLDW (VAC 0 01/15/26)	NOTE 1/1 · principal	Add +200.1%	15,029,000	$14.5M
FIVE9 INC (FIVN 0.5 06/01/25)	NOTE 0.500% 6/0 · principal	Sold out	14,606,000	$14.4Mbefore exit
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26)	CONVERTIBLE BOND · principal	Sold out	19,606,000	$14.3Mbefore exit
M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	Add +22.0%	10,899,000	$14.2M
VERINT SYSTEMS INC (VRNT 0.25 04/15/26)	NOTE 0.250% 4/1 · principal	Reduce -17.8%	14,315,000	$14.1M
OKTA INC (OKTA 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	Sold out	15,741,000	$14.1Mbefore exit
CONMED CORP (CNMD 2.25 06/15/27)	NOTE 2.250% 6/1 · principal	Add +12.0%	14,829,000	$14.1M
POST HOLDINGS INC (POST 2.5 08/15/27)	NOTE 2.500% 8/1 · principal	Add +5.6%	11,981,000	$14.0M
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	Add +19.3%	14,141,000	$13.1M
NUVASIVE INC (GMED 0.375 03/15/25)	NOTE 0.375% 3/1 · principal	Sold out	13,948,000	$13.0Mbefore exit
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26)	NOTE 1.750% 5/0 · principal	New	12,872,000	$12.9M
DROPBOX INC (DBX 0 03/01/28)	NOTE 3/0 · principal	Add +16.8%	12,905,000	$12.4M
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	Add +13.1%	13,370,000	$12.1M
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26)	NOTE 0.125% 1/1 · principal	Add +10.0%	11,607,000	$12.0M

Showing the first 50 of 134.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	11	$173.3M	BKLN, USHY, SJNK, WBD, TETRA TECH INC (TTEK 2.25 08/15/28)
Q1 2026	5	$159.6M	USHY, SJNK, BKLN, ONIT, TLT
Q4 2025	7	$166.9M	BKLN, USHY, SJNK, TETRA TECH INC (TTEK 2.25 08/15/28), CCO
Q3 2025	8	$82.1M	BKLN, USHY, TETRA TECH INC (TTEK 2.25 08/15/28), SJNK, CCO
Q2 2025	9	$142.9M	BKLN, SJNK, USHY, TETRA TECH INC (TTEK 2.25 08/15/28), TREE
Q1 2025	10	$120.1M	BKLN, USHY, TREE, TETRA TECH INC (TTEK 2.25 08/15/28), SJNK
Q4 2024	10	$71.7M	BKLN, TREE, TETRA TECH INC (TTEK 2.25 08/15/28), SMC, USHY
Q3 2024	11	$175.3M	USHY, BKLN, TREE, SMC, TETRA TECH INC (TTEK 2.25 08/15/28)
Q2 2024	11	$95.7M	TREE, DO, SMLP, NRG ENERGY INC (NRG 2.75 06/01/48), BKLN
Q1 2024	10	$139.4M	SJNK, DO, TREE, SMLP, NRG ENERGY INC (NRG 2.75 06/01/48)