CAMDEN ASSET MANAGEMENT L P /CA

Los Angeles, CA · CIK 903944 · 13F filing filed 2025-08-13

SEC-registered investment adviser since 1991 · limited partnership

Assets managed$11.2bn
Staff19 · 5 in investment roles
Main clients (by assets)Private funds 66%, Companies 20%, Pension plans 14%
Private funds14 (14 hedge) · $7.4bn gross assets
Websitecamdenasset.com
Form ADV · 2026-06-23SEC adviser record

Legal entityCAMDEN ASSET MANAGEMENT L.P. (US)

$4.3bn reported value +14.2% vs Q1 2025

97positions

31.3%in top 10

13 new 40 added 28 reduced 6 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	219,224,000	$216.6m5.07%	5.07%	Added +35.8m	+35,756,000 19.5%
2	NEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 · principal NEE 3 03.01.27 · principal	NEE 3 03.01.27	183,312,000	$208.4m4.88%	4.88%	Reduced -4.5m	-4,470,000 -2.4%
3	EVERGY INC NOTE 4.500%12/1 · principal EVRG 4.5 12.15.27 · principal	EVRG 4.5 12.15.27	142,896,000	$167.1m3.91%	3.91%	Added +19.8m	+19,831,000 16.1%
4	AIRBNB INC NOTE 3/1 · principal ABNB 0 03.15.26 · principal	ABNB 0 03.15.26	171,400,000	$165.2m3.87%	3.87%	Added +3.9m	+3,900,000 2.3%
5	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	119,488	$145.0m3.40%	3.40%	Added +43.5k	+43,478 57.2%
6	VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 · principal VTR 3.75 06.01.26 · principal	VTR 3.75 06.01.26	76,730,000	$91.7m2.15%	2.15%	Unchanged
7	BLACKLINE INC NOTE 1.000% 6/0 · principal BL 1 06.01.29 · principal	BL 1 06.01.29	85,120,000	$90.4m2.12%	2.12%	New
8	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	91,946,000	$89.4m2.09%	2.09%	Added +17.1m	+17,055,000 22.8%
9	UBER TECHNOLOGIES INC NOTE 12/1 · principal UBER 0 12.15.25 · principal	UBER 0 12.15.25	69,311,000	$83.0m1.94%	1.94%	Reduced -9.4m	-9,445,000 -12.0%
10	SHOPIFY INC NOTE 0.125%11/0 · principal SHOPCN 0.125 11.01.25 · principal	SHOPCN 0.125 11.01.25	80,563,000	$81.5m1.91%	1.91%	Added +1.6m	+1,650,000 2.1%
11	PPL CAP FDG INC NOTE 2.875% 3/1 · principal PPL 2.875 03.15.28 · principal	PPL 2.875 03.15.28	74,020,000	$79.9m1.87%	1.87%	Reduced -7.8m	-7,839,000 -9.6%
12	SPOTIFY USA INC NOTE 3/1 · principal SPOT 0 03.15.26 · principal	SPOT 0 03.15.26	52,180,000	$79.0m1.85%	1.85%	Reduced -18.5m	-18,500,000 -26.2%
13	IONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 · principal IONS 1.75 06.15.28 · principal	IONS 1.75 06.15.28	74,661,000	$78.3m1.83%	1.83%	Reduced -2.1m	-2,064,000 -2.7%
14	WEC ENERGY GROUP INC NOTE 4.375% 6/0 · principal WEC 4.375 06.01.27 · principal	WEC 4.375 06.01.27	69,250,000	$78.0m1.83%	1.83%	New
15	HALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 · principal HALO 1 08.15.28 · principal	HALO 1 08.15.28	67,963,000	$77.4m1.81%	1.81%	Added +20.0m	+20,000,000 41.7%
16	SEAGATE HDD CAYMAN NOTE 3.500% 6/0 · principal STX 3.5 06.01.28 · principal	STX 3.5 06.01.28	42,431,000	$76.3m1.79%	1.79%	Reduced -3.2m	-3,200,000 -7.0%
17	DAYFORCE INC NOTE 0.250% 3/1 · principal DAY 0.25 03.15.26 · principal	DAY 0.25 03.15.26	72,227,000	$69.5m1.63%	1.63%	Added +13.4m	+13,400,000 22.8%
18	UPWORK INC NOTE 0.250% 8/1 · principal UPWK 0.25 08.15.26 · principal	UPWK 0.25 08.15.26	73,023,000	$68.7m1.61%	1.61%	Unchanged
19	WEC ENERGY GROUP INC NOTE 4.375% 6/0 · principal WEC 4.375 06.01.29 · principal	WEC 4.375 06.01.29	59,565,000	$68.6m1.61%	1.61%	New
20	DUKE ENERGY CORP NEW NOTE 4.125% 4/1 · principal DUK 4.125 04.15.26 · principal	DUK 4.125 04.15.26	63,969,000	$67.7m1.58%	1.58%	Reduced -34.9m	-34,871,000 -35.3%
21	UBER TECHNOLOGIES INC NOTE 0.875%12/0 · principal UBER 0.875 12.01.28 2028 · principal	UBER 0.875 12.01.28 2028	46,837,000	$66.8m1.56%	1.56%	Reduced -2.9m	-2,912,000 -5.8%
22	WORLD KINECT CORPORATION NOTE 3.250% 7/0 · principal WKC 3.25 07.01.28 · principal	WKC 3.25 07.01.28	54,350,000	$63.2m1.48%	1.48%	Added +8.0m	+8,000,000 17.3%
23	DEXCOM INC NOTE 0.375% 5/1 · principal DXCM 0.375 05.15.28 · principal	DXCM 0.375 05.15.28	67,230,000	$63.1m1.48%	1.48%	Added +2.1m	+2,055,000 3.1%
24	NEXTERA ENERGY INC UNIT 09/01/2025 NEE 6.926 09.01.25	NEE 6.926 09.01.25	1,572,123	$62.5m1.46%	1.46%	Reduced -500.0k	-500,000 -24.1%
25	HAEMONETICS CORP MASS NOTE 2.500% 6/0 · principal HAE 2.5 06.01.29 · principal	HAE 2.5 06.01.29	56,711,000	$56.3m1.32%	1.32%	New
26	SNAP INC NOTE 5/0 · principal SNAP 0 05.01.27 · principal	SNAP 0 05.01.27	61,750,000	$55.9m1.31%	1.31%	Added +5.0m	+5,000,000 8.8%
27	EL PASO ENERGY CAP TR I PFD CV TR SEC 28 KMI 4.75 03.31.28	KMI 4.75 03.31.28	1,133,344	$55.5m1.30%	1.30%	Reduced -6.1k	-6,135 -0.5%
28	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	64,715,000	$55.5m1.30%	1.30%	Added +7.5m	+7,475,000 13.1%
29	TETRA TECH INC NEW DBCV 2.250% 8/1 · principal TTEK 2.25 08.15.28 · principal	TTEK 2.25 08.15.28	47,551,000	$53.5m1.25%	1.25%	Reduced -2.5m	-2,450,000 -4.9%
30	AMERICAN WTR CAP CORP NOTE 3.625% 6/1 · principal AWK 3.625 06.15.26 · principal	AWK 3.625 06.15.26	51,780,000	$52.0m1.22%	1.22%	Reduced -6.4m	-6,445,000 -11.1%
31	DIGITALOCEAN HLDGS INC NOTE 12/0 · principal DOCN 0 12.01.26 · principal	DOCN 0 12.01.26	53,850,000	$50.2m1.18%	1.18%	Added +2.0m	+2,000,000 3.9%
32	PAGERDUTY INC NOTE 1.500%10/1 · principal PD 1.5 10.15.28 * · principal	PD 1.5 10.15.28 *	51,129,000	$48.7m1.14%	1.14%	Added +1.0m	+1,000,000 2.0%
33	MKS INC. NOTE 1.250% 6/0 · principal MKSI 1.25 06.01.30 · principal	MKSI 1.25 06.01.30	46,526,000	$45.9m1.07%	1.07%	New
34	BLOCK INC NOTE 0.250%11/0 · principal XYZ 0.25 11.01.27 · principal	XYZ 0.25 11.01.27	50,970,000	$45.5m1.07%	1.07%	Unchanged
35	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	46,296,000	$44.2m1.03%	1.03%	Unchanged
36	CONMED CORP NOTE 2.250% 6/1 · principal CNMD 2.25 06.15.27 · principal	CNMD 2.25 06.15.27	45,500,000	$43.1m1.01%	1.01%	Reduced -1.4m	-1,450,000 -3.1%
37	BLOCK INC NOTE 5/0 · principal XYZ 0 05.01.26 · principal	XYZ 0 05.01.26	44,634,000	$42.6m1.00%	1.00%	Added +2.4m	+2,425,000 5.8%
38	ON SEMICONDUCTOR CORP NOTE 0.500% 3/0 · principal ON 0.5 03.01.29 · principal	ON 0.5 03.01.29	45,841,000	$42.4m0.99%	0.99%	Added +10.8m	+10,823,000 30.9%
39	PINNACLE WEST CAP CORP NOTE 4.750% 6/1 · principal PNW 4.75 06.15.27 · principal	PNW 4.75 06.15.27	38,728,000	$41.9m0.98%	0.98%	New
40	UNITY SOFTWARE INC NOTE 11/1 · principal U 0 11.15.26 · principal	U 0 11.15.26	44,877,000	$41.8m0.98%	0.98%	Added +15.0m	+15,000,000 50.2%
41	CHEFS WHSE INC NOTE 2.375%12/1 · principal CHEF 2.375 12.15.28 · principal	CHEF 2.375 12.15.28	26,397,000	$41.1m0.96%	0.96%	Unchanged
42	CINEMARK HLDGS INC NOTE 4.500% 8/1 · principal CNK 4.5 08.15.25 · principal	CNK 4.5 08.15.25	19,313,000	$40.9m0.96%	0.96%	Unchanged
43	WESTERN DIGITAL CORP NOTE 3.000%11/1 · principal WDC 3 11.15.28 · principal	WDC 3 11.15.28	22,275,000	$40.0m0.94%	0.94%	Unchanged
44	LIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 · principal LYV 3.125 01.15.29 · principal	LYV 3.125 01.15.29	25,975,000	$39.9m0.93%	0.93%	Unchanged
45	SHAKE SHACK INC NOTE 3/0 · principal SHAK 0 03.01.28 · principal	SHAK 0 03.01.28	36,291,000	$38.8m0.91%	0.91%	Reduced -3.3m	-3,312,000 -8.4%
46	PROGRESS SOFTWARE CORP NOTE 3.500% 3/0 · principal PRGS 3.5 03.01.30 · principal	PRGS 3.5 03.01.30	33,102,000	$38.3m0.90%	0.90%	Unchanged
47	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	31,256	$36.7m0.86%	0.86%	Added +28.9k	+28,942 1250.7%
48	RAPID7 INC NOTE 1.250% 3/1 · principal RPD 1.25 03.15.29 · principal	RPD 1.25 03.15.29	41,090,000	$36.3m0.85%	0.85%	Reduced -15.4m	-15,387,000 -27.2%
49	XEROX HOLDINGS CORP NOTE 3.750% 3/1 · principal XRX 3.75 03.15.30 · principal	XRX 3.75 03.15.30	63,650,000	$36.1m0.85%	0.85%	Added +650.0k	+650,000 1.0%
50	LUMENTUM HLDGS INC NOTE 1.500%12/1 · principal LITE 1.5 12.15.29 · principal	LITE 1.5 12.15.29	23,050,000	$35.3m0.83%	0.83%	Added +1.0m	+1,000,000 4.5%
51	PEBBLEBROOK HOTEL TR NOTE 1.750%12/1 · principal PEB 1.75 12.15.26 · principal	PEB 1.75 12.15.26	34,585,000	$32.7m0.77%	0.77%	Added +1.0m	+1,000,000 3.0%
52	ARBOR REALTY TRUST INC NOTE 7.500% 8/0 · principal ABR 7.5 08.01.25 · principal	ABR 7.5 08.01.25	32,585,000	$32.3m0.76%	0.76%	Reduced -7.0m	-7,000,000 -17.7%
53	ENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 · principal NVST 1.75 08.15.28 · principal	NVST 1.75 08.15.28	34,123,000	$31.6m0.74%	0.74%	Reduced -1.9m	-1,940,000 -5.4%
54	ITRON INC NOTE 1.375% 7/1 · principal ITRI 1.375 07.15.30 · principal	ITRI 1.375 07.15.30	26,050,000	$31.0m0.73%	0.73%	New
55	ZIFF DAVIS INC DEBT 3.625% 3/0 · principal ZD 3.625 03.01.28 · principal	ZD 3.625 03.01.28	32,701,000	$30.5m0.71%	0.71%	Reduced -4.1m	-4,123,000 -11.2%
56	MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 · principal MCHP 0.75 06.01.30 · principal	MCHP 0.75 06.01.30	30,250,000	$29.7m0.70%	0.70%	New
57	EXACT SCIENCES CORP NOTE 0.375% 3/0 · principal EXAS 0.375 03.01.28 · principal	EXAS 0.375 03.01.28	32,500,000	$29.6m0.69%	0.69%	Added +12.5m	+12,500,000 62.5%
58	JOHN BEAN TECHNOLOGIES CORP NOTE 0.250% 5/1 · principal JBTM 0.25 05.15.26 · principal	JBTM 0.25 05.15.26	27,959,000	$27.7m0.65%	0.65%	Added +55.0k	+55,000 0.2%
59	TELADOC HEALTH INC NOTE 1.250% 6/0 · principal TDOC 1.25 06.01.27 · principal	TDOC 1.25 06.01.27	29,066,000	$26.7m0.63%	0.63%	Added +18.5m	+18,500,000 175.1%
60	FLUOR CORP NOTE 1.125% 8/1 · principal FLR 1.125 08.15.29 · principal	FLR 1.125 08.15.29	19,850,000	$26.0m0.61%	0.61%	Reduced -3.0m	-3,000,000 -13.1%
61	INNOVIVA INC NOTE 2.125% 3/1 · principal INVA 2.125 03.15.28 · principal	INVA 2.125 03.15.28	26,102,000	$26.0m0.61%	0.61%	Added +700.0k	+700,000 2.8%
62	MARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 · principal VAC 3.25 12.15.27 · principal	VAC 3.25 12.15.27	26,250,000	$24.4m0.57%	0.57%	Reduced -10.0m	-10,000,000 -27.6%
63	AMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 · principal AMPH 2 03.15.29 · principal	AMPH 2 03.15.29	27,500,000	$23.7m0.56%	0.56%	Unchanged
64	WAYFAIR INC NOTE 3.250% 9/1 · principal W 3.25 09.15.27 · principal	W 3.25 09.15.27	20,375,000	$23.2m0.54%	0.54%	Reduced -16.0m	-16,000,000 -44.0%
65	WORKIVA INC NOTE 1.250% 8/1 · principal WK 1.25 08.15.28 · principal	WK 1.25 08.15.28	24,435,000	$22.6m0.53%	0.53%	Added +1.0m	+1,000,000 4.3%
66	VISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 · principal VSH 2.25 09.15.30 · principal	VSH 2.25 09.15.30	24,505,000	$21.9m0.51%	0.51%	Added +3.5m	+3,550,000 16.9%
67	FIVE9 INC NOTE 1.000% 3/1 · principal FIVN 1 03.15.29 · principal	FIVN 1 03.15.29	23,245,000	$20.3m0.47%	0.47%	Added +1.0m	+1,045,000 4.7%
68	IMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 · principal IMCR 2.5 02.01.30 · principal	IMCR 2.5 02.01.30	22,500,000	$19.4m0.45%	0.45%	Added +6.2m	+6,250,000 38.5%
69	ENPHASE ENERGY INC NOTE 3/0 · principal ENPH 0 03.01.28 · principal	ENPH 0 03.01.28	22,279,000	$18.1m0.42%	0.42%	Added +1.9m	+1,900,000 9.3%
70	AKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 · principal AKAM 1.125 02.15.29 · principal	AKAM 1.125 02.15.29	18,975,000	$18.0m0.42%	0.42%	Added +3.5m	+3,500,000 22.6%
71	LANTHEUS HLDGS INC NOTE 2.625%12/1 · principal LNTH 2.625 12.15.27 · principal	LNTH 2.625 12.15.27	14,000,000	$17.8m0.42%	0.42%	Unchanged
72	SOUTHERN CO NOTE 4.500% 6/1 · principal SO 4.5 06.15.27 · principal	SO 4.5 06.15.27	16,040,000	$17.6m0.41%	0.41%	New
73	ALARM COM HLDGS INC NOTE 2.250% 6/0 · principal ALRM 2.25 06.01.29 · principal	ALRM 2.25 06.01.29	18,000,000	$17.4m0.41%	0.41%	New
74	PTC THERAPEUTICS INC NOTE 1.500% 9/1 · principal PTCT 1.5 09.15.26 · principal	PTCT 1.5 09.15.26	15,000,000	$17.3m0.40%	0.40%	New
75	NUTANIX INC NOTE 0.250%10/0 · principal NTNX 0.25 10.01.27 · principal	NTNX 0.25 10.01.27	12,120,000	$17.1m0.40%	0.40%	Reduced -10.0m	-10,000,000 -45.2%
76	WINNEBAGO INDS INC NOTE 3.250% 1/1 · principal WGO 3.25 01.15.30 · principal	WGO 3.25 01.15.30	19,548,000	$16.8m0.39%	0.39%	Added +2.8m	+2,816,000 16.8%
77	BLOOM ENERGY CORP NOTE 3.000% 6/0 · principal BE 3 06.01.28 · principal	BE 3 06.01.28	10,825,000	$16.0m0.37%	0.37%	Added +1.0m	+1,000,000 10.2%
78	EPR PPTYS PFD C CV 5.75% EPR 5.75 PERP C	EPR 5.75 PERP C	546,740	$14.0m0.33%	0.33%	Unchanged
79	TANDEM DIABETES CARE INC NOTE 1.500% 3/1 · principal TNDM 1.5 03.15.29 2024 · principal	TNDM 1.5 03.15.29 2024	14,000,000	$13.4m0.31%	0.31%	Unchanged
80	WOLFSPEED INC NOTE 1.875%12/0 · principal WOLF 1.875 12.01.29 · principal	WOLF 1.875 12.01.29	52,725,000	$13.0m0.31%	0.31%	Unchanged
81	HALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 · principal HALO 0.25 03.01.27 · principal	HALO 0.25 03.01.27	12,423,000	$12.3m0.29%	0.29%	Reduced -20.0m	-20,000,000 -61.7%
82	EVENTBRITE INC NOTE 0.750% 9/1 · principal EB 0.75 09.15.26 · principal	EB 0.75 09.15.26	13,645,000	$12.1m0.28%	0.28%	Added +300.0k	+300,000 2.2%
83	CMS ENERGY CORP NOTE 3.375% 5/0 · principal CMS 3.375 05.01.28 · principal	CMS 3.375 05.01.28	10,841,000	$11.5m0.27%	0.27%	Reduced -21.2m	-21,250,000 -66.2%
84	AMC NETWORKS INC NOTE 4.250% 2/1 · principal AMCX 4.25 02.15.29 * · principal	AMCX 4.25 02.15.29 *	13,600,000	$11.2m0.26%	0.26%	New
85	ADVANCED ENERGY INDS NOTE 2.500% 9/1 · principal AEIS 2.5 09.15.28 · principal	AEIS 2.5 09.15.28	7,195,000	$8.6m0.20%	0.20%	Added +1.0m	+1,045,000 17.0%
86	CABLE ONE INC NOTE 1.125% 3/1 · principal CABO 1.125 03.15.28 · principal	CABO 1.125 03.15.28	9,342,000	$7.1m0.17%	0.17%	Added +3.6m	+3,596,000 62.6%
87	NEXTERA ENERGY INC UNIT 06/01/2027 NEE 7.299 06.01.27	NEE 7.299 06.01.27	150,000	$7.1m0.17%	0.17%	New
88	EPR PPTYS CONV PFD 9% SR E EPR 9 PERP E	EPR 9 PERP E	177,343	$5.6m0.13%	0.13%	Unchanged
89	DROPBOX INC NOTE 3/0 · principal DBX 0 03.01.28 · principal	DBX 0 03.01.28	4,430,000	$4.5m0.11%	0.11%	Added +55.0k	+55,000 1.3%
90	ALARM COM HLDGS INC NOTE 1/1 · principal ALRM 0 01.15.26 · principal	ALRM 0 01.15.26	4,623,000	$4.5m0.10%	0.10%	Unchanged
91	ALLIANT ENERGY CORP NOTE 3.875% 3/1 · principal LNT 3.875 03.15.26 · principal	LNT 3.875 03.15.26	3,750,000	$3.9m0.09%	0.09%	Reduced -18.1m	-18,052,000 -82.8%
92	GLOBAL PMTS INC NOTE 1.500% 3/0 · principal GPN 1.5 03.01.31 · principal	GPN 1.5 03.01.31	4,130,000	$3.7m0.09%	0.09%	Added +55.0k	+55,000 1.4%
93	AKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 · principal AKAM 0.375 09.01.27 · principal	AKAM 0.375 09.01.27	3,570,000	$3.5m0.08%	0.08%	Added +45.0k	+45,000 1.3%
94	NEXTERA ENERGY INC UNIT 11/01/2027 NEE 7.234 11.01.27	NEE 7.234 11.01.27	43,755	$1.9m0.05%	0.05%	Reduced -215.0k	-215,000 -83.1%
95	KKR & CO INC 6.25 CON SER D KKR 6.25 03.01.28 D	KKR 6.25 03.01.28 D	20,000	$1.1m0.03%	0.03%	Reduced -365.0k	-365,000 -94.8%
96	SOUTHERN CO NOTE 3.875%12/1 · principal SO 3.875 12.15.25 · principal	SO 3.875 12.15.25	905,000	$1.0m0.02%	0.02%	Reduced -7.6m	-7,562,000 -89.3%
97	CORE SCIENTIFIC INC NEW *W EXP 01/23/202 · principal CORZW · principal	CORZW	722,995	$00.00%	0.00%	Added +190.0k	+189,967 35.6%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
FIRSTENERGY CORP FE 4 05.01.26	FE 4 05.01.26	47,060,000	$47.7m47.1m shares
HCI GROUP INC HCI 4.75 06.01.42	HCI 4.75 06.01.42	15,245,000	$28.3m15.2m shares
ORMAT TECHNOLOGIES INC ORA 2.5 07.15.27	ORA 2.5 07.15.27	15,410,000	$15.8m15.4m shares
ETSY INC ETSY 0.125 09.01.27	ETSY 0.125 09.01.27	8,000,000	$7.0m8.0m shares
AMERICAN AIRLINES GROUP INC AAL 6.5 07.01.25	AAL 6.5 07.01.25	6,034,000	$6.0m6.0m shares
PAR TECHNOLOGY CORP PAR 1.5 10.15.27	PAR 1.5 10.15.27	5,493,000	$5.9m5.5m shares