Vault-13

APELLIS PHARMACEUTICALS INC APLS 3.5 09.15.26

NOTE 3.500% 9/1 · US DOMESTIC · CUSIP 03753UAB2

10 institutional holders -4 vs Q1 2024
$106.0mprincipal reported held*
$119.2mreported value*
0 new 4 added 1 reduced 4 sold out net bought ≈ $13.9m (-6.0m 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 ($15.6m this quarter). Holder counts are more reliable.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 14Q4 22: 14Q1 23: 12Q2 23: 17Q3 23: 13Q4 23: 12Q1 24: 14Q2 24: 1010Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202214
Q4 202214
Q1 202312
Q2 202317
Q3 202313
Q4 202312
Q1 202414
Q2 202410

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 4 bought or addedQ1 23: 7 cut or sold outQ2 23: 10 bought or addedQ2 23: 5 cut or sold outQ2 23Q3 23: 4 bought or addedQ3 23: 9 cut or sold outQ4 23: 4 bought or addedQ4 23: 1 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 6 cut or sold outQ2 24: 4 bought or addedQ2 24: 5 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202256
Q1 202347
Q2 2023105
Q3 202349
Q4 202341
Q1 202466
Q2 202445

Biggest buyers

DeepCurrents Investment Group LLC Added +12,221,000+12.2m
LAZARD ASSET MANAGEMENT LLC Added +7,699,000+7.7m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +1,250,000+1.2m
Linden Advisors LP Added +1,000,000+1.0m

Biggest sellers

Opti Capital Management, LP Sold out -3,750,000-3.8m
JPMORGAN CHASE & CO Sold out -3,122,000-3.1m
LORD, ABBETT & CO. LLC Sold out -2,270,000-2.3m
CSS LLC/IL Sold out -1,500,000-1.5m
Verition Fund Management LLC Reduced -631,000-631.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DeepCurrents Investment Group LLC 1.97% of their portfolio NEW YORK, NY 38,528,00038.5m $48.9m $48.9m 1.97% Added +12.2m +12,221,000
2 Linden Advisors LP 0.23% of their portfolio New York, NY 21,767,00021.8m $27.4m $27.4m 0.23% Added +1.0m +1,000,000
3 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 14,704,00014.7m $18.9m $18.9m 0.02% Added +7.7m +7,699,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.25% of their portfolio NEW YORK, NY 12,250,00012.2m $15.6m $15.6m 0.25% Added +1.2m +1,250,000
5 Verition Fund Management LLC 0.12% of their portfolio GREENWICH, CT 12,138,00012.1m $15.6m $15.6m 0.12% Reduced -631.0k -631,000
6 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 5,000,0005.0m $6.3m $6.3m 0.01% Unchanged
7 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,285,0001.3m $1.7m $1.7m 0.00% Unchanged
8 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 300,000300.0k $383.9k $383.9k 0.01% Unchanged
9 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,0006.0k $7.7k $7.7k 0.00% Unchanged
10 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged