Shenkman Capital Management Inc is an investment fund managing more than $85.6 billion ran by Serge Todorovich. There are currently 9 companies in Mr. Todorovich’s portfolio. The largest investments include LendingTree and Diamond Offshore Drilling In, together worth $38.3 billion.
As of 1st August 2024, Shenkman Capital Management Inc’s top holding is 472,902 shares of LendingTree currently worth over $19.7 billion and making up 23.0% of the portfolio value.
Relative to the number of outstanding shares of LendingTree, Shenkman Capital Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 1,219,617 shares of Diamond Offshore Drilling In worth $18.6 billion.
The third-largest holding is Summit Midstream Partners LP worth $16.7 billion and the next is NRG worth $11.5 billion, with 5,981,000 shares owned.
Currently, Shenkman Capital Management Inc's portfolio is worth at least $85.6 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Shenkman Capital Management Inc office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Serge Todorovich serves as the General Counsel at Shenkman Capital Management Inc.
In the most recent 13F filing, Shenkman Capital Management Inc revealed that it had opened a new position in
Invesco Exch Traded Fd Tr Ii and bought 426,750 shares worth $8.98 billion.
The investment fund also strengthened its position in LendingTree by buying
82,500 additional shares.
This makes their stake in LendingTree total 472,902 shares worth $19.7 billion.
LendingTree soared 104.5% in the past year.
On the other hand, Serge Todorovich disclosed a decreased stake in Diamond Offshore Drilling In by 0.5%.
This leaves the value of the investment at $18.6 billion and 1,219,617 shares.
The two most similar investment funds to Shenkman Capital Management Inc are Marathon Strategic Advisors and Yorktown Partners X, L.P.. They manage $85.6 billion and $85.5 billion respectively.
Shenkman Capital Management Inc’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Finance — making up 23.0% of
the total portfolio value.
The fund focuses on investments in the United States as
44.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.05 billion.
These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| LendingTree Inc. |
21.13%
472,902
|
$19,667,994,000 | 22.98% |
| Diamond Offshore Drilling In |
46.53%
1,219,617
|
$18,632,416,000 | 21.77% |
| Summit Midstream Partners LP |
19.41%
470,313
|
$16,724,330,000 | 19.54% |
| NRG Energy Inc. |
15.30%
5,981,000
|
$11,497,226,000 | 13.44% |
| Invesco Exch Traded Fd Tr Ii |
Opened
426,750
|
$8,978,820,000 | 10.49% |
| Spdr Ser Tr |
87.58%
230,240
|
$5,749,093,000 | 6.72% |
| Clear Channel Outdoor Hldgs |
No change
1,704,589
|
$2,403,470,000 | 2.81% |
| Ishares Tr |
61.31%
16,405
|
$1,265,482,000 | 1.48% |
| WW International Inc |
No change
557,118
|
$651,828,000 | 0.76% |
| No transactions found | |||
| Showing first 500 out of 9 holdings | |||