ALIGNMENT HEALTHCARE INC ALHC 4.25 11.15.29
NOTE 4.250%11/1 · US DOMESTIC · CUSIP 01625VAB0
24
institutional holders
+0 vs Q1 2026
12.0m
shares reported held*
$551.7mreported value*
10 new
8 added
2 reduced
11 sold out
net sold ≈ $36.4m (+2.5m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $45.96.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 22 |
| Q1 2026 | 24 |
| Q2 2026 | 24 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2026 | 11 | 9 |
| Q2 2026 | 18 | 13 |
Biggest buyers
| TENOR CAPITAL MANAGEMENT Co., L.P. | Added | +35.0m |
| Balyasny Asset Management L.P. | New | +21.0m |
| LAZARD ASSET MANAGEMENT LLC | New | +19.5m |
| DeepCurrents Investment Group LLC | Added | +17.5m |
| Jump Financial, LLC | New | +9.0m |
| Opti Capital Management, LP | New | +7.5m |
| PICTON MAHONEY ASSET MANAGEMENT | Added | +7.0m |
| SSI INVESTMENT MANAGEMENT LLC | New | +4.2m |
| BlackRock, Inc. | Added | +1.5m |
| HBK INVESTMENTS L P | Added | +1.5m |
Biggest sellers
| Linden Advisors LP | Reduced | -50.0m |
| VOYA INVESTMENT MANAGEMENT LLC | Sold out | -28.9m |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -10.0m |
| TWO SIGMA INVESTMENTS, LP | Sold out | -9.5m |
| READYSTATE ASSET MANAGEMENT LP | Sold out | -9.0m |
| Context Capital Management, LLC | Sold out | -8.5m |
| Balyasny Asset Management L.P. | Sold out | -3.0m |
| SHENKMAN CAPITAL MANAGEMENT INC | Sold out | -3.0m |
| CITIGROUP INC | Sold out | -2.8m |
| SUSQUEHANNA ADVISORS GROUP, INC. | Sold out | -2.0m |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| DEERFIELD MANAGEMENT COMPANY, L.P. 1.08% of their portfolio | 61.0m $103.8m | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 1.15% of their portfolio | 47.5m $81.8m | Added +35.0m |
| DeepCurrents Investment Group LLC 2.70% of their portfolio | 45.8m $78.7m | Added +17.5m |
| WOLVERINE ASSET MANAGEMENT LLC 0.81% of their portfolio | 36.0m $61.8m | Reduced -10.0m |
| HBK INVESTMENTS L P 0.51% of their portfolio | 25.6m $44.0m | Added +1.5m |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 21.0m $35.8m | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 19.5m $333.1k | New |
| Aequim Alternative Investments LP 0.40% of their portfolio | 15.0m $25.6m | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.19% of their portfolio | 12.0m $20.4m | Added +7.0m |
| BlackRock, Inc. 0.00% of their portfolio | 9.9m $16.8m | Added +1.5m |
| Jump Financial, LLC 0.14% of their portfolio | 9.0m $15.3m | New |
| Linden Advisors LP 0.08% of their portfolio | 8.7m $14.9m | Reduced -50.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.7m $14.7m | Added +1.4m |
| Opti Capital Management, LP 0.79% of their portfolio | 7.5m $12.9m | New |
| SSI INVESTMENT MANAGEMENT LLC 0.42% of their portfolio | 4.2m $7.2m | New |
| FMR LLC 0.00% of their portfolio | 3.8m $6.5m | Added +105.0k |
| LORD, ABBETT & CO. LLC 0.00% of their portfolio | 622.0k $1.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 301.0k $512.7k | New |
| Virtus Fixed Income Advisers, LLC 0.25% of their portfolio | 234.0k $398.6k | New |
| MORGAN STANLEY 0.00% of their portfolio | 120.0k $204.4k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 67.0k $115.0k | New |
| VIRTUS ADVISERS, LLC 0.04% of their portfolio | 59.0k $100.5k | Added +27.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.0k $9.0k | New |
| BOUSSARD & GAVAUDAN GESTION SAS 0.43% of their portfolio | 5.0k $8.6m | First filing |