Vault-13

ALNYLAM PHARMACEUTICALS INC ALNY 1 09.15.27

NOTE 1.000% 9/1 · US DOMESTIC · CUSIP 02043QAB3

68 institutional holders -4 vs Q1 2024
13,398,72913.4m shares reported held*
$1.1bnreported value*
10 new 19 added 24 reduced 13 sold out net sold ≈ $128.2m (-34.6m 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 ≈ $82.06.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 23: 57Q4 23: 70Q1 24: 72Q2 24: 6868Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202357
Q4 202370
Q1 202472
Q2 202468

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 23: 37 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 35 cut or sold outQ1 24Q2 24: 29 bought or addedQ2 24: 37 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20233723
Q1 20243235
Q2 20242937

Biggest buyers

Aequim Alternative Investments LP Added +45,000,000+45.0m
VOYA INVESTMENT MANAGEMENT LLC Added +35,000,000+35.0m
Davidson Kempner Capital Management LP Added +22,500,000+22.5m
BlackRock Inc. Added +15,935,000+15.9m
D. E. Shaw & Co., Inc. Added +11,825,000+11.8m
JPMORGAN CHASE & CO Added +11,404,000+11.4m
AMERIPRISE FINANCIAL INC New +6,000,000+6.0m
Affinity Asset Advisors, LLC Added +5,000,000+5.0m
SSI INVESTMENT MANAGEMENT LLC Added +4,932,000+4.9m
BNP PARIBAS FINANCIAL MARKETS Added +4,697,000+4.7m

Biggest sellers

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -68,670,000-68.7m
Linden Advisors LP Reduced -62,400,000-62.4m
Opti Capital Management, LP Sold out -35,500,000-35.5m
READYSTATE ASSET MANAGEMENT LP Sold out -25,000,000-25.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -15,878,000-15.9m
DLD Asset Management, LP Sold out -15,000,000-15.0m
MORGAN STANLEY Reduced -14,157,000-14.2m
STEELHEAD PARTNERS LLC Reduced -8,500,000-8.5m
Mint Tower Capital Management B.V. Sold out -8,500,000-8.5m
CITADEL ADVISORS LLC Reduced -6,575,000-6.6m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio ATLANTA, GA 161,860,000161.9m $174.8m $174.8m 0.17% Added +35.0m +35,000,000
2 Aequim Alternative Investments LP 3.14% of their portfolio MILL VALLEY, CA 80,000,00080.0m $86.4m $86.4m 3.14% Added +45.0m +45,000,000
3 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 60,423,00060.4m $65.3m $65.3m 0.08% Unchanged
4 Davidson Kempner Capital Management LP 0.94% of their portfolio New York, NY 52,500,00052.5m $56.6m $56.6m 0.94% Added +22.5m +22,500,000
5 Linden Advisors LP 0.46% of their portfolio New York, NY 50,541,00050.5m $54.5m $54.5m 0.46% Reduced -62.4m -62,400,000
6 Calamos Advisors LLC 0.25% of their portfolio NAPERVILLE, IL 47,073,00047.1m $50.7m $50.7m 0.25% Reduced -21.0k -21,000
7 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 46,026,00046.0m $49.6m $49.6m 0.01% Reduced -1.0m -1,000,000
8 ZAZOVE ASSOCIATES LLC 2.55% of their portfolio INCLINE VILLAGE, NV 40,860,00040.9m $44.1m $44.1m 2.55% Reduced -4.9m -4,920,000
9 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 35,650,00035.6m $38.4m $38.4m 0.05% Added +11.8m +11,825,000
10 ADVENT CAPITAL MANAGEMENT /DE/ 0.76% of their portfolio NEW YORK, NY 29,089,00029.1m $31.5m $31.5m 0.76% Reduced -15.9m -15,878,000
11 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 27,710,00027.7m $29.9m $29.9m 0.03% Reduced -6.6m -6,575,000
12 STEELHEAD PARTNERS LLC 1.48% of their portfolio SEATTLE, WA 26,500,00026.5m $28.6m $28.6m 1.48% Reduced -8.5m -8,500,000
13 BlackRock Inc. 0.00% of their portfolio New York, NY 23,810,00023.8m $25.7m $25.7m 0.00% Added +15.9m +15,935,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 22,108,00022.1m $23.9m $23.9m 0.00% Added +250.0k +250,000
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 19,600,00019.6m $21.2m $21.2m 0.00% Reduced -2.3m -2,300,000
16 SHENKMAN CAPITAL MANAGEMENT INC 1.74% of their portfolio NEW YORK, NY 18,227,00018.2m $20.3m $20.3m 1.74% Added +1.8m +1,834,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,753,00015.8m $17.0m $17.0m 0.00% Reduced -14.2m -14,157,000
18 Affinity Asset Advisors, LLC 2.55% of their portfolio NEW YORK, NY 15,000,00015.0m $16.2m $16.2m 2.55% Added +5.0m +5,000,000
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,754,00013.8m $14.8m $14.8m 0.00% Added +11.4m +11,404,000
20 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 12,750,00012.8m $13.7m $13.7m 0.02% Unchanged
21 MacKay Shields LLC 0.39% of their portfolio New York, NY 11,895,00011.9m $12.8m $12.8m 0.39% Reduced -43.0k -43,000
22 Lombard Odier Asset Management (Europe) Ltd 0.59% of their portfolio LONDON, X0 11,210,00011.2m $12.1m $12.1m 0.59% Reduced -25.0k -25,000
23 FMR LLC 0.00% of their portfolio BOSTON, MA 8,200,0008.2m $8.8m $8.8m 0.00% Reduced -400.0k -400,000
24 CAPSTONE INVESTMENT ADVISORS, LLC 0.18% of their portfolio NEW YORK, NY 7,500,0007.5m $8.1m $8.1m 0.18% Reduced -5.0m -5,000,000
25 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 7,169,0007.2m $7.7m $7.7m 0.01% Added +4.6m +4,602,000
26 AXA S.A. 0.01% of their portfolio PARIS, I0 7,000,0007.0m $7.5m $7.5m 0.01% Reduced -700.0k -700,000
27 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 6,505,0006.5m $7.0m $7.0m 0.00% Added +968.0k +968,000
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 6,000,0006.0m $6.5m $6.5m 0.00% New
29 SSI INVESTMENT MANAGEMENT LLC 0.44% of their portfolio Los Angeles, CA 5,339,0005.3m $5.8m $5.8m 0.44% Added +4.9m +4,932,000
30 Man Group plc 0.01% of their portfolio LONDON, X0 5,200,0005.2m $5.7m $5.7m 0.01% Reduced -200.0k -200,000
31 ARISTEIA CAPITAL, L.L.C. 0.20% of their portfolio GREENWICH, CT 5,000,0005.0m $5.4m $5.4m 0.20% Added +2.0m +2,000,000
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,950,0005.0m $5.4m $5.4m 0.01% Unchanged
33 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 4,719,0004.7m $5.1m $5.1m 0.01% Added +4.7m +4,697,000
34 RWC Asset Management LLP 0.35% of their portfolio LONDON, X0 4,600,0004.6m $5.0m $5.0m 0.35% Added +400.0k +400,000
35 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,111,0004.1m $4.5m $4.5m 0.00% Reduced -189.0k -189,000
36 Polar Capital Holdings Plc 0.03% of their portfolio London, X0 4,000,0004.0m $4.3m $4.3m 0.03% Unchanged
37 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 3,706,0003.7m $4.0m $4.0m 0.01% Reduced -1.6m -1,557,000
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,651,0003.7m $3.9m $3.9m 0.00% Reduced -370.0k -370,000
39 Amundi 0.00% of their portfolio Paris, I0 3,200,0003.2m $3.5m $3.5m 0.00% Unchanged
40 CAMDEN ASSET MANAGEMENT L P /CA 0.10% of their portfolio Los Angeles, CA 3,000,0003.0m $3.2m $3.2m 0.10% Unchanged
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,782,0002.8m $3.0m $3.0m 0.00% Reduced -3.0m -3,024,000
42 CSS LLC/IL 0.20% of their portfolio CHICAGO, IL 2,500,0002.5m $2.7m $2.7m 0.20% New
43 Ghisallo Capital Management LLC 0.23% of their portfolio BOSTON, MA 2,500,0002.5m $2.7m $2.7m 0.23% New
44 Jefferies Financial Group Inc. 0.05% of their portfolio NEW YORK, NY 2,493,0002.5m $2.7m $2.7m 0.05% Added +1.4m +1,394,000
45 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,930,0001.9m $2.1m $2.1m 0.00% Reduced -68.7m -68,670,000
46 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,564,0001.6m $1.7m $1.7m 0.00% New
47 GROUPAMA ASSET MANAGMENT 0.02% of their portfolio PARIS, I0 1,500,0001.5m $1.6m $1.6m 0.02% Added +900.0k +900,000
48 Liberty Mutual Group Asset Management Inc. 0.20% of their portfolio Boston, MA 1,270,0001.3m $1.4m $1.4m 0.20% Reduced -255.0k -255,000
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 600,000600.0k $646.9k $646.9k 0.00% Unchanged
50 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 541,000541.0k $584.8k $584.8k 0.00% Unchanged
51 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 500,000500.0k $538.4k $538.4k 0.00% New
52 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $432.0k $432.0k 0.01% Reduced -100.0k -100,000
53 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $324.0k $324.0k 0.00% Unchanged
54 Central Pacific Bank - Trust Division 0.04% of their portfolio HONOLULU, HI 285,000285.0k $307.1k $307.1k 0.04% New
55 Palo Alto Investors LP 5.16% of their portfolio PALO ALTO, CA 183,123183.1k $44.5m $44.5m 5.16% New
56 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 162,000162.0k $174.7k $174.7k 0.00% Reduced -1.5m -1,468,000
57 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 99,00099.0k $106.7k $106.7k 0.00% Unchanged
58 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 98,00098.0k $105.7k $105.7k 0.01% Added +5.0k +5,000
59 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 82,00082.0k $88.4k $88.4k 0.00% New
60 NOMURA HOLDINGS INC 0.11% of their portfolio TOKYO, M0 67,60667.6k $16.4m $16.4m 0.11% Unchanged
61 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 47,00047.0k $50.6k $50.6k 0.04% Unchanged
62 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 41,00041.0k $44.2k $44.2k 0.00% Unchanged
63 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 20,00020.0k $21.5k $21.5k 0.00% New
64 Context Capital Management, LLC 0.72% of their portfolio LAJOLLA, CA 18,50018.5k $20.0m $20.0m 0.72% New
65 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 13,67013.7k $1.5m $1.5m 0.01% Reduced -4.4k -4,380
66 Candriam S.C.A. 0.04% of their portfolio STRASSEN, N4 6,8106.8k $6.6m $6.6m 0.04% Added +6.0k +6,010
67 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 3,0003.0k $3.2k $3.2k 0.00% Unchanged
68 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged