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Shenkman Capital Management Inc.

CIK:0001275228
Asset Manager
$0 AUM
124 holdings
New York, NY, United States
Founded:1985
142 employees
Latest filing:Jun 30, 2025

Shenkman Capital Management, Inc. is an independently owned investment management firm specializing in traditional and alternative credit solutions, recognized globally for expertise in below-investment-grade (leveraged finance) assets. Headquartered in New York City with additional offices in Stamford, CT, Boca Raton, FL, and London, UK, the firm was founded in 1985 and is SEC-registered. Shenkman Capital focuses on delivering comprehensive credit research and investment management services to institutional and high-net-worth clients, employing approximately 125-142 professionals.

Investment Strategy

Shenkman Capital Management is dedicated to portfolios focused on leveraged finance markets, primarily investing in below-investment-grade corporate credit. Their approach emphasizes in-depth, fundamental credit analysis and disciplined portfolio construction. The firm aims to balance risk and return through comprehensive research, agility as a boutique manager, and a commitment to understanding the nuanced differences between investments and trades. Their philosophy is rooted in prudent risk management, capital preservation, and exploiting inefficiencies in the non-investment-grade credit space.

Latest 13F Filing Activity

Shenkman Capital Management Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 7 equity positions with a total 13F market value of $1B. The fund increased holdings in Invesco Exch Traded FD TR II, SPDR Series Trust, Altice USA Inc. among other positions. Shenkman Capital Management Inc. reduced exposure to Lendingtree Inc. New, Ishares TR, Summit Midstream Corporation among others.

Top Buys
B
BKLNINVESCO EXCH TRADED FD TR II
+$30.8M
S
SJNKSPDR SERIES TRUST
+$8.2M
T
TREELENDINGTREE INC NEW
-$6.4M
U
USHYISHARES TR
-$5.2M
S
SMCSUMMIT MIDSTREAM CORPORATION
-$864.1K
Top Sells
B
BKLNINVESCO EXCH TRADED FD TR II
+$30.8M
S
SJNKSPDR SERIES TRUST
+$8.2M
T
TREELENDINGTREE INC NEW
-$6.4M
U
USHYISHARES TR
-$5.2M
S
SMCSUMMIT MIDSTREAM CORPORATION
-$864.1K

Top Holdings

B
BKLNINVESCO EXCH TRADED FD TR II
+8.7%$87.1M
S
SJNKSPDR SERIES TRUST
+1.5%$15.3M
U
USHYISHARES TR
+1.3%$12.9M
T
TREELENDINGTREE INC NEW
+0.5%$5.4M
A
ATUSALTICE USA INC
+0.5%$4.7M

Equity Positions (7)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
INVESCO EXCH TRADED FD TR II8.66%$87.1M3,737,000$20.85$20.92+$30.8M
SPDR SERIES TRUST1.52%$15.3M600,880$25.32$25.48+$8.2M
ISHARES TR1.28%$12.9M344,380$36.93$37.51-$5.2M
LENDINGTREE INC NEW0.53%$5.4M114,967$29.33$37.07-$6.4M
ALTICE USA INC0.47%$4.7M1,801,300$2.66$2.14-$128.5K

Industry Allocation

SERVICES-ADVERTISING
+0.5%
CABLE & OTHER PAY TELEVISION SERVICES
+0.4%
NATURAL GAS TRANSMISSION
+0.2%