SEC 13F Intelligence

Managers / Q4 2020 · view latest →

SHENKMAN CAPITAL MANAGEMENT INC

CIK 0001275228 · 151 WEST 42ND STREET, 29TH FLOOR, NEW YORK, NY, 10036 · 212-867-9090

Reported Value
$958M
Q4 2020
Positions
91
Filings on Record
31
2019–present window
Filed
Feb 11, 2021
original filing

Summary

Shenkman Capital Management Inc reported $958M in U.S.-listed holdings across 91 positions for Q4 2020.

Its largest position, Dish Network Corporation, represents 4.7% of the portfolio.

Compared with Q3 2020, the fund opened 11 new positions and exited 12.

Portfolio Metrics

Turnover
+10.5%
vs prior filed quarter
Top-10 Concentration
+30.1%
share of reported value
Largest Position
+4.7%
Dish Network Corporation
New / Exited
11 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $684MQ4 ’18Q1 ’19: $778MQ2 ’19: $882MQ3 ’19: $874MQ4 ’19: $770MQ4 ’19Q1 ’20: $669MQ2 ’20: $699MQ3 ’20: $846MQ4 ’20: $958MQ4 ’20Q1 ’21: $858MQ2 ’21: $1.1BQ3 ’21: $1.3BQ4 ’21: $1.5BQ4 ’21Q1 ’22: $793MQ2 ’22: $1.7BQ3 ’22: $1.8BQ4 ’22: $1.6BQ4 ’22Q1 ’23: $1.3BQ2 ’23: $1.3BQ3 ’23: $1.3BQ4 ’23: $1.4BQ4 ’23Q1 ’24: $1.4BQ2 ’24: $1.2BQ3 ’24: $1.3BQ4 ’24: $1.1BQ4 ’24Q1 ’25: $984MQ2 ’25: $1.0BQ3 ’25: $1.0BQ4 ’25: $948MQ4 ’25Q1 ’26: $831Mfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 97.7%GLOBAL: 0.9%PRIV PLACEMENT: 0.8%Common Stock: 0.6%
  • US DOMESTIC · 97.7% · $936M
  • GLOBAL · 0.9% · $8M
  • PRIV PLACEMENT · 0.8% · $8M
  • Common Stock · 0.6% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CYBERARK SOFTWARE LTDNEW+17.57M17.57M+$21M$21M
LUMENTUM HLDGS INCNEW+15.76M15.76M+$19M$19M
INSULET CORPNEW+12.07M12.07M+$16M$16M
WINNEBAGO INDS INCNEW+11.30M11.30M+$14M$14M
ETSY INCNEW+6.04M6.04M+$13M$13M
SAILPOINT TECHNOLOGIES HLDGSNEW+4.57M4.57M+$9M$9M
SHOPIFY INCNEW+7.38M7.38M+$9M$9M
IONIS PHARMACEUTICALS INCNEW+4.62M4.62M+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

81 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DISH NETWORK CORPORATIONNOTE 3.375% 8/14.66%$45M46.01M
2PALO ALTO NETWORKS INCNOTE 0.750% 7/03.66%$35M24.71M
3AKAMAI TECHNOLOGIES INCNOTE 0.125% 5/0 · NOTE 0.375% 9/03.45%$33M27.84M
4BIOMARIN PHARMACEUTICAL INCNOTE 0.599% 8/03.04%$29M26.96M
5ILLUMINA INCNOTE 8/1 · NOTE 0.500% 6/12.86%$27M22.43M
6BLACKSTONE MTG TR INCNOTE 4.750% 3/12.66%$26M24.99M
7MARRIOTT VACTINS WORLDWID CONOTE 1.500% 9/12.52%$24M21.07M
8EURONET WORLDWIDE INCNOTE 0.750% 3/12.47%$24M20.79M
9ARES CAPITAL CORPNOTE 3.750% 2/0 · NOTE 4.625% 3/02.40%$23M21.83M
10TWITTER INCNOTE 0.250% 6/12.38%$23M18.76M
11CYBERARK SOFTWARE LTDNOTE 11/12.24%$21M17.57M
12ZYNGA INCNOTE 0.250% 6/02.16%$21M15.39M
13INSIGHT ENTERPRISES INCNOTE 0.750% 2/12.09%$20M15.60M
14ON SEMICONDUCTOR CORPNOTE 1.625%10/12.03%$19M11.53M
15LUMENTUM HLDGS INCNOTE 0.500%12/12.02%$19M15.76M
16LIVE NATION ENTERTAINMENT INNOTE 2.500% 3/12.02%$19M14.82M
17LIBERTY LATIN AMERICA LTDNOTE 2.000% 7/11.94%$19M19.14M
18MICROCHIP TECHNOLOGY INC.NOTE 1.625% 2/11.92%$18M9.05M
19EXACT SCIENCES CORPNOTE 0.375% 3/1 · NOTE 1.000% 1/11.91%$18M11.74M
20PURE STORAGE INCNOTE 0.125% 4/11.89%$18M16.33M
21LIBERTY MEDIA CORP DELNOTE 1.000% 1/3 · NOTE 1.375%10/1 · DEB 3.750% 2/11.72%$17M14.80M
22PROOFPOINT INCNOTE 0.250% 8/11.71%$16M14.48M
23BLACKLINE INCNOTE 0.125% 8/01.68%$16M8.49M
24INSULET CORPNOTE 0.375% 9/01.67%$16M12.07M
25WORKDAY INCNOTE 0.250%10/01.59%$15M9.07M
26RHNOTE 6/11.58%$15M6.43M
27CONMED CORPNOTE 2.625% 2/01.57%$15M10.58M
28FORTIVE CORPNOTE 0.875% 2/11.55%$15M14.32M
29SOUTHWEST AIRLS CONOTE 1.250% 5/01.55%$15M10.13M
30FIREEYE INCNOTE 0.875% 6/01.51%$14M11.77M
31ZILLOW GROUP INCNOTE 2.750% 5/1 · NOTE 1.500% 7/01.48%$14M7.03M
32MERITOR INCNOTE 3.250%10/11.43%$14M11.84M
33ALTERYX INCNOTE 0.500% 8/0 · NOTE 1.000% 8/01.41%$14M12.85M
34WINNEBAGO INDS INCNOTE 1.500% 4/01.41%$14M11.30M
35ETSY INCNOTE 0.125%10/01.35%$13M6.04M
36WESTERN DIGITAL CORP.NOTE 1.500% 2/01.30%$12M12.41M
37NUANCE COMMUNICATIONS INCDBCV 1.000%12/11.25%$12M6.40M
38REALPAGE INCNOTE 1.500% 5/11.10%$11M8.09M
39KBR INCNOTE 2.500%11/01.04%$10M7.21M
40FTI CONSULTING INCNOTE 2.000% 8/11.03%$10M7.76M
41INTERDIGITAL INCNOTE 2.000% 6/01.00%$10M9.02M
42COLONY STARWOOD HOMESNOTE 3.500% 1/10.99%$9M6.97M
43HERBALIFE LTDNOTE 2.625% 3/10.96%$9M8.55M
44NEW RELIC INCNOTE 0.500% 5/00.95%$9M9.26M
45SAILPOINT TECHNOLOGIES HLDGSNOTE 0.125% 9/10.94%$9M4.57M
46IRONWOOD PHARMACEUTICALS INCNOTE 0.750% 6/1 · NOTE 1.500% 6/10.93%$9M7.89M
47SHOPIFY INCNOTE 0.125%11/00.91%$9M7.38M
48ENVESTNET INCNOTE 1.750% 6/00.91%$9M6.56M
49SNAP INCNOTE 0.750% 8/00.85%$8M3.55M
50STARWOOD PPTY TR INCNOTE 4.375% 4/00.76%$7M7.17M
51SUPERNUS PHARMACEUTICALS INCNOTE 0.625% 4/00.76%$7M7.59M
52GREENBRIER COS INCNOTE 2.875% 2/00.74%$7M6.90M
53Q2 HLDGS INCNOTE 0.750% 6/00.73%$7M4.51M
54II-VI INCNOTE 0.250% 9/00.70%$7M3.98M
55WORKIVA INCNOTE 1.125% 8/10.69%$7M4.84M
56NEUROCRINE BIOSCIENCES INCNOTE 2.250% 5/10.64%$6M4.37M
57VONAGE HLDGS CORPNOTE 1.750% 6/00.62%$6M5.44M
58IQIYI INCNOTE 2.000% 4/0 · NOTE 3.750%12/00.56%$5M5.92M
59J2 GLOBAL INCNOTE 3.250% 6/10.52%$5M3.35M
60SPLUNK INCNOTE 0.500% 9/10.50%$5M3.66M
61IONIS PHARMACEUTICALS INCNOTE 0.125%12/10.50%$5M4.62M
62SPIRIT RLTY CAP INC NEWNOTE 3.750% 5/10.49%$5M4.61M
63REPLIGEN CORPNOTE 0.375% 7/10.44%$4M2.40M
64ALTAIR ENGR INCNOTE 0.250% 6/00.42%$4M2.94M
65WELLPOINT INCNOTE 2.750%10/10.42%$4M890.0K
66BILIBILI INCNOTE 1.375% 4/00.41%$4M1.14M
67CRCCALIFORNIA RES CORPCOMMON STOCK0.35%$3M141.6K
68PRICELINE GRP INCNOTE 0.900% 9/10.34%$3M2.79M
69JAZZ INVESTMENTS I LTDNOTE 1.500% 8/10.33%$3M2.95M
70WEIBO CORPNOTE 1.250%11/10.31%$3M3.08M
71CHRDOASIS PETROLEUM INCCOM NEW0.21%$2M53.4K
72DEXCOM INCNOTE 0.750%12/00.15%$1M635.0K
73SERVICENOW INCNOTE 6/00.14%$1M326.0K
74TERADYNE INCNOTE 1.250%12/10.13%$1M318.0K
75CHEGG INCNOTE 0.125% 3/10.12%$1M625.0K
76WAYFAIR INCNOTE 1.000% 8/10.07%$691,000410.0K
77NUVASIVE INCNOTE 2.250% 3/10.06%$576,000562.0K
78VERINT SYS INCNOTE 1.500% 6/00.06%$567,000514.0K
79WIX COM LTDNOTE 7/00.05%$494,000267.0K
80MACQUARIE INFRASTRUCTURE CORNOTE 2.000%10/00.04%$383,000374.0K
81AMPYAMPLIFY ENERGY CORP NEWCOM0.03%$245,000187.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$831M81May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$948M97Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.0B123Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B124Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$984M126May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B99Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.3B110Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.2B114Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.4B122May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.4B128Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.3B122Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.3B120Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.3B127May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.6B137Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.8B139Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$1.7B149Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$793M68May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.5B118Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.3B109Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B102Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$858M84May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$958M91Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$846M92Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$699M90Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$669M105May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$770M88Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$874M102Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$882M90Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$778M82May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$684M78Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.