Shenkman Capital Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Shenkman Capital Management Inc. reported 10 stock positions worth $71.7 million. Its top holding was Invesco Senior Loan ETF (BKLN) at 31.9% of the portfolio, followed by Lendingtree (TREE, 20.7%) and Tetra Tech Inc. (ttek 2.25 08/15/28) (13.1%). Compared with Q3 2024, it sold out of 1, added to 1 and reduced 6. The biggest buy was Clear Channel Outdoor Holdin (CCO, shares +34%) and the biggest sale iShares Broad Usd High Yield (USHY, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001275228
- Portfolio Value
- $71.7M (Q4 2024)
- SEC Filing
- 0001085146-25-000929 ↗ filed Feb 10, 2025
Holdings Value
Holdings 10 stocks · $71.7M
| BKLN Invesco Senior Loan ETF | 31.91% | 1,075,613 | $22.9M | Reduce -50.8% |
| TREE Lendingtree Inc. | 20.65% | 381,967 | $14.8M | Reduce -8.5% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | 13.07% | 7,619,000 | $9.4M | Reduce -0.2% |
| SMC Summit Midstream Corp. | 11.58% | 219,707 | $8.3M | Reduce -47.2% |
| USHY iShares Broad Usd High Yield | 5.65% | 72,850 | $4.1M | Reduce -95.5% |
| CCO Clear Channel Outdoor Holdin | 5.65% | 2,954,589 | $4.0M | Add +34.0% |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | 5.33% | 12,157,000 | $3.8M | Reduce -29.1% |
| NRG ENERGY INC (NRG 2.75 06/01/48) | 3.69% | 1,201,000 | $2.6M | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 1.48% | 42,040 | $1.1M | No change |
| WGHTQ WW International Inc. filed as WW INTL INC | 0.99% | 557,118 | $708K | No change |
Other holdings (89): bonds, preferreds, convertibles and warrants · $1.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 42,937,000 | $44.6M | Reduce -7.6% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 43,423,000 | $43.0M | Add +208.8% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 37,593,000 | $38.8M | Add +33.6% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 35,022,000 | $34.2M | Add +12.2% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 38,236,000 | $34.1M | Reduce -27.8% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 30,355,515 | $32.4M | New |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 37,789,000 | $32.1M | Add +18.8% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 29,981,000 | $31.8M | Add +23.6% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 33,227,000 | $29.4M | Add +1.2% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 25,879,000 | $28.6M | Add +8.4% |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 24,723,000 | $24.5M | Add +17.3% |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 21,019,000 | $22.1M | Add +38.8% |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 13,760,000 | $22.1M | Add +21.3% |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 16,863,000 | $22.0M | Reduce -6.3% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 15,716,000 | $20.3M | Add +20.3% |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | 19,502,000 | $19.9M | Add +259.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 18,647,000 | $19.3M | Add +6.0% |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 16,996,000 | $19.0M | Add +109.2% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 13,563,000 | $18.8M | Add +44.5% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 15,779,000 | $17.5M | Add +11.8% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 18,909,000 | $17.5M | Reduce -48.1% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 15,738,000 | $17.4M | Add +11.4% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 17,521,000 | $17.1M | Reduce -24.8% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 15,478,000 | $16.7M | Add +14.3% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 16,563,000 | $16.5M | Add +13.5% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 12,603,000 | $15.8M | Add +20.4% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 15,768,000 | $15.6M | Add +17.4% |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 16,048,000 | $15.6M | Add +39.8% |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 13,178,000 | $15.3M | Add +25.8% |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | 13,608,000 | $14.3M | Reduce -0.4% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 12,855,000 | $14.0M | Add +34.6% |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 9,498,000 | $13.7M | Reduce -52.8% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 11,950,000 | $13.6M | Add +114.5% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 12,527,000 | $13.4M | Reduce -41.0% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 10,449,000 | $12.4M | Add +7.6% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 9,716,000 | $12.2M | Reduce -2.2% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 11,308,000 | $11.7M | Add +2.7% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 10,105,000 | $11.6M | Add +14.3% |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | 11,896,000 | $11.4M | Add +11.7% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 7,941,000 | $11.2M | Add +332.8% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 9,038,000 | $10.3M | Add +13.0% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 8,233,000 | $10.1M | Add +2.2% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 10,225,000 | $9.9M | Reduce -15.6% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 12,000,000 | $9.9M | Add +20.0% |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 7,348,000 | $9.2M | Reduce -15.7% |
| BLOOM ENERGY CORP (BE 3 06/01/28) | NOTE 3.000% 6/0 · principal | 5,834,000 | $8.4M | Add +772.0% |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 8,314,000 | $8.2M | Add +39.5% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 4,869,000 | $8.1M | Add +5.1% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 6,205,000 | $7.9M | Add +3.4% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 6,832,000 | $7.8M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 7,050,000 | $7.8M | New |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 5,964,000 | $7.7M | New |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 6,198,000 | $7.7M | Reduce -47.8% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 7,879,000 | $7.5M | Reduce -11.1% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 7,362,000 | $7.1M | Add +37.1% |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | 4,260,000 | $6.9M | Reduce -42.4% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 6,185,000 | $6.9M | New |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 5,383,000 | $6.8M | Add +45.5% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 6,814,000 | $6.7M | Reduce -70.7% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 6,050,000 | $6.6M | New |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 4,783,000 | $6.6M | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 8,550,000 | $6.3M | Reduce -18.8% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 5,626,000 | $6.0M | Add +23.8% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 5,173,000 | $5.9M | Add +352.6% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 5,666,000 | $5.1M | Add +31.8% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 5,137,000 | $4.8M | Add +3649.6% |
| REPLIGEN CORP (RGEN 1 12/15/28) | NOTE 1.000%12/1 · principal | 4,199,000 | $4.4M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 4,941,000 | $4.3M | No change |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 3,726,000 | $4.3M | Add +521.0% |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 3,006,000 | $3.0M | Reduce -0.9% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 1,052,000 | $2.8M | Reduce -83.6% |
| BURLINGTON STORES INC (BURL 1.25 12/15/27) | NOTE 1.250%12/1 · principal | 1,510,000 | $2.4M | Add +8.2% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 2,445,000 | $2.2M | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 1,842,000 | $1.7M | Reduce -85.7% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 1,255,000 | $1.6M | Reduce -3.4% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 446,000 | $615K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 540,000 | $572K | No change |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 400,000 | $483K | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 352,000 | $362K | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 267,000 | $273K | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 169,000 | $159K | No change |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 121,000 | $111K | No change |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 66,000 | $106K | Reduce -99.4% |
| IMAX CORP (IMAX 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 90,000 | $96K | Reduce -99.1% |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 101,000 | $95K | Reduce -9.0% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 64,000 | $63K | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 63,000 | $61K | Reduce -99.8% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 50,000 | $48K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 25,000 | $33K | No change |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q3 2024 → Q4 2024
| USHY iShares Broad Usd High Yield | Reduce -95.5% | 5.65% | −29.62 |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | Sold out | 0.00% | −1.42 |
| LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30) | Reduce -29.1% | 5.33% | +1.87 |
| SMC Summit Midstream Corp. | Reduce -47.2% | 11.58% | +3.27 |
| BKLN Invesco Senior Loan ETF | Reduce -50.8% | 31.91% | +4.54 |
| TREE Lendingtree Inc. | Reduce -8.5% | 20.65% | +6.84 |
| TETRA TECH INC (TTEK 2.25 08/15/28) | Reduce -0.2% | 13.07% | +7.15 |
Portfolio Buys Q3 2024 → Q4 2024
| CCO Clear Channel Outdoor Holdin | Add +34.0% | 5.65% | +3.64 |
Notes & Other Activity Q3 2024 → Q4 2024
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Reduce -7.6% | 42,937,000 | $44.6M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Add +208.8% | 43,423,000 | $43.0M |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Add +33.6% | 37,593,000 | $38.8M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Add +12.2% | 35,022,000 | $34.2M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -27.8% | 38,236,000 | $34.1M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | New | 30,355,515 | $32.4M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Add +18.8% | 37,789,000 | $32.1M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Add +23.6% | 29,981,000 | $31.8M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +1.2% | 33,227,000 | $29.4M |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +8.4% | 25,879,000 | $28.6M |
| WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) | NOTE 1.750% 5/0 · principal | Sold out | 38,523,000 | $27.6Mbefore exit |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Add +17.3% | 24,723,000 | $24.5M |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | Add +38.8% | 21,019,000 | $22.1M |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Add +21.3% | 13,760,000 | $22.1M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Reduce -6.3% | 16,863,000 | $22.0M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +20.3% | 15,716,000 | $20.3M |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Add +259.8% | 19,502,000 | $19.9M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +6.0% | 18,647,000 | $19.3M |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Sold out | 18,666,000 | $19.1Mbefore exit |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Add +109.2% | 16,996,000 | $19.0M |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Add +44.5% | 13,563,000 | $18.8M |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +11.8% | 15,779,000 | $17.5M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -48.1% | 18,909,000 | $17.5M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +11.4% | 15,738,000 | $17.4M |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -24.8% | 17,521,000 | $17.1M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +14.3% | 15,478,000 | $16.7M |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +13.5% | 16,563,000 | $16.5M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +20.4% | 12,603,000 | $15.8M |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | Add +17.4% | 15,768,000 | $15.6M |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Add +39.8% | 16,048,000 | $15.6M |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | Add +25.8% | 13,178,000 | $15.3M |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Reduce -0.4% | 13,608,000 | $14.3M |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | Sold out | 12,864,000 | $14.2Mbefore exit |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | Add +34.6% | 12,855,000 | $14.0M |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Sold out | 9,216,000 | $13.9Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Reduce -52.8% | 9,498,000 | $13.7M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Add +114.5% | 11,950,000 | $13.6M |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | Reduce -41.0% | 12,527,000 | $13.4M |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | Sold out | 14,598,000 | $12.7Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +7.6% | 10,449,000 | $12.4M |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | Reduce -2.2% | 9,716,000 | $12.2M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +2.7% | 11,308,000 | $11.7M |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Add +14.3% | 10,105,000 | $11.6M |
| MICROSTRATEGY INC (MSTR 0 02/15/27) | NOTE 2/1 · principal | Sold out | 8,450,000 | $11.5Mbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Add +11.7% | 11,896,000 | $11.4M |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Add +332.8% | 7,941,000 | $11.2M |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | Sold out | 10,587,000 | $10.4Mbefore exit |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Add +13.0% | 9,038,000 | $10.3M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +2.2% | 8,233,000 | $10.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Reduce -15.6% | 10,225,000 | $9.9M |
Showing the first 50 of 97.
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) |