Vault-13

BILIBILI INC BILI 1.375 04.01.26

NOTE 1.375% 4/0 · US DOMESTIC · CUSIP 090040AB2

25 institutional holders -2 vs Q1 2023
2,012,0002.0m shares reported held*
$2.4bnreported value*
6 new 5 added 4 reduced 8 sold out net bought ≈ $1.7m (+969.0k 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 ($15.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1214.29.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 29Q4 22: 29Q1 23: 27Q2 23: 2525Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202229
Q4 202229
Q1 202327
Q2 202325

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 7 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 10 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 12 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202279
Q1 20231110
Q2 20231112

Biggest buyers

Linden Advisors LP Added +10,971,000+11.0m
AVIVA PLC New +3,000,000+3.0m
Pinpoint Asset Management Ltd New +2,000,000+2.0m
CITIGROUP INC New +1,776,000+1.8m
WOLVERINE ASSET MANAGEMENT LLC Added +1,500,000+1.5m
MARSHALL WACE, LLP New +1,000,000+1.0m
JUPITER ASSET MANAGEMENT LTD New +1,000,000+1.0m
MILLENNIUM MANAGEMENT LLC New +1,000,000+1.0m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +1,000,000+1.0m
STATE STREET CORP Added +250,000+250.0k

Biggest sellers

ROYAL BANK OF CANADA Sold out -7,146,000-7.1m
SSI INVESTMENT MANAGEMENT LLC Sold out -6,144,000-6.1m
DeepCurrents Investment Group LLC Reduced -3,000,000-3.0m
Jefferies Financial Group Inc. Reduced -2,153,000-2.2m
RWC Asset Management LLP Sold out -2,000,000-2.0m
JANE STREET GROUP, LLC Sold out -1,000,000-1.0m
CREDIT SUISSE AG/ Reduced -500,000-500.0k
FIRST HAWAIIAN BANK Sold out -121,000-121.0k
Russell Investments Group, Ltd. Sold out -65,000-65.0k
SEI INVESTMENTS CO Sold out -30,000-30.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.92% of their portfolio New York, NY 179,529,000179.5m $182.5m $182.5m 1.92% Added +11.0m +10,971,000
2 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 53,977,00054.0m $54.9m $54.9m 0.09% Unchanged
3 DeepCurrents Investment Group LLC 2.16% of their portfolio NEW YORK, NY 49,150,00049.1m $50.3m $50.3m 2.16% Reduced -3.0m -3,000,000
4 WOLVERINE ASSET MANAGEMENT LLC 0.80% of their portfolio CHICAGO, IL 41,712,00041.7m $42.4m $42.4m 0.80% Added +1.5m +1,500,000
5 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 12,000,00012.0m $12.2m $12.2m 0.06% Unchanged
6 Jefferies Financial Group Inc. 0.25% of their portfolio NEW YORK, NY 11,598,00011.6m $11.8m $11.8m 0.25% Reduced -2.2m -2,153,000
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,025,0009.0m $9.2m $9.2m 0.00% Added +250.0k +250,000
8 Sculptor Capital LP 0.18% of their portfolio New York, NY 6,850,0006.8m $7.0m $7.0m 0.18% Unchanged
9 Weiss Asset Management LP 0.64% of their portfolio BOSTON, MA 5,000,0005.0m $5.1m $5.1m 0.64% Unchanged
10 AVIVA PLC 0.01% of their portfolio LONDON, X0 3,000,0003.0m $3.0m $3.0m 0.01% New
11 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,000,0003.0m $3.0m $3.0m 0.00% Added +1.0m +1,000,000
12 Man Group plc 0.01% of their portfolio LONDON, X0 2,550,0002.5m $2.6m $2.6m 0.01% Unchanged
13 BlackRock Inc. 0.00% of their portfolio New York, NY 2,465,0002.5m $2.5m $2.5m 0.00% Added +25.0k +25,000
14 AXA S.A. 0.01% of their portfolio PARIS, I0 2,400,0002.4m $2.4m $2.4m 0.01% Unchanged
15 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,000,0002.0m $2.5m $2.5m 0.00% Reduced -500.0k -500,000
16 Pinpoint Asset Management Ltd 1.43% of their portfolio HONG KONG, K3 2,000,0002.0m $2.0bn $2.0bn 1.43% New
17 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,776,0001.8m $1.8m $1.8m 0.00% New
18 JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio London, X0 1,000,0001.0m $1.0m $1.0m 0.01% New
19 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $1.0m $1.0m 0.00% New
20 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,000,0001.0m $1.0m $1.0m 0.00% New
21 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $201.0k $201.0k 0.00% Unchanged
22 Verition Fund Management LLC 0.24% of their portfolio GREENWICH, CT 14,77714.8k $15.2m $15.2m 0.24% Reduced -903 -903
23 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 12,50012.5k $1.3m $1.3m 0.01% Unchanged
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 12,00012.0k $12.2k $12.2k 0.00% Unchanged
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged