Vault-13

BIOMARIN PHARMACEUTICAL INC BMRN 1.25 05.15.27

NOTE 1.250% 5/1 · US DOMESTIC · CUSIP 09061GAK7

47 institutional holders -1 vs Q4 2022
39,398,34739.4m shares reported held*
$635.1mreported value*
9 new 13 added 10 reduced 10 sold out net bought ≈ $22.8m (+576.5k 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 ≈ $16.12.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 40Q4 22: 48Q1 23: 4747Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202240
Q4 202248
Q1 202347

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 20 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 20 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222011
Q1 20232220

Biggest buyers

LAZARD ASSET MANAGEMENT LLC New +51,188,000+51.2m
Wellesley Asset Management Added +32,390,904+32.4m
VICTORY CAPITAL MANAGEMENT INC New +6,773,000+6.8m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +5,050,000+5.0m
ZAZOVE ASSOCIATES LLC New +3,750,000+3.8m
Lombard Odier Asset Management (Europe) Ltd Added +3,170,000+3.2m
BlackRock Inc. Added +2,765,000+2.8m
BANK OF AMERICA CORP /DE/ New +2,635,000+2.6m
DEUTSCHE BANK AG\ Added +2,555,000+2.6m
PIER 88 INVESTMENT PARTNERS LLC New +1,332,000+1.3m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -49,565,000-49.6m
BRAIDWELL LP Sold out -19,200,000-19.2m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -6,844,000-6.8m
AVIVA PLC Reduced -3,000,000-3.0m
MORGAN STANLEY Sold out -2,625,000-2.6m
BANK OF MONTREAL /CAN/ Sold out -2,500,000-2.5m
STATE STREET CORP Reduced -2,500,000-2.5m
NEW YORK STATE COMMON RETIREMENT FUND Reduced -1,978,000-2.0m
CREDIT SUISSE AG/ Sold out -800,000-800.0k
BARCLAYS PLC Sold out -747,000-747.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ATLANTA, GA 83,630,00083.6m $87.6m $87.6m 0.09% Reduced -49.6m -49,565,000
2 MacKay Shields LLC 2.20% of their portfolio New York, NY 76,393,00076.4m $80.1m $80.1m 2.20% Reduced -650.0k -650,000
3 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 51,188,00051.2m $53.6m $53.6m 0.07% New
4 Wellesley Asset Management 2.49% of their portfolio PORTSMOUTH, NH 32,443,00032.4m $33.7m $33.7m 2.49% Added +32.4m +32,390,904
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.51% of their portfolio NEW YORK, NY 25,220,00025.2m $26.4m $26.4m 0.51% Reduced -6.8m -6,844,000
6 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 16,250,00016.2m $16.9m $16.9m 0.04% Added +300.0k +300,000
7 Lombard Odier Asset Management (Europe) Ltd 0.84% of their portfolio LONDON, X0 15,560,00015.6m $16.2m $16.2m 0.84% Added +3.2m +3,170,000
8 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 14,450,00014.4m $15.0m $15.0m 0.03% Added +750.0k +750,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,216,00012.2m $12.7m $12.7m 0.00% Reduced -2.5m -2,500,000
10 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 8,800,0008.8m $9.2m $9.2m 0.00% Unchanged
11 BlackRock Inc. 0.00% of their portfolio New York, NY 8,593,0008.6m $9.0m $9.0m 0.00% Added +2.8m +2,765,000
12 Sonora Investment Management Group, LLC 0.71% of their portfolio TUCSON, AZ 7,840,0007.8m $8.2m $8.2m 0.71% Reduced -120.0k -120,000
13 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 7,560,0007.6m $7.9m $7.9m 0.00% Added +2.6m +2,555,000
14 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 7,250,0007.2m $7.5m $7.5m 0.01% Added +5.0m +5,050,000
15 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,773,0006.8m $7.1m $7.1m 0.01% New
16 Amundi 0.00% of their portfolio Paris, I0 5,000,0005.0m $5.2m $5.2m 0.00% Unchanged
17 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 4,400,0004.4m $4.6m $4.6m 0.02% Unchanged
18 Jefferies Financial Group Inc. 0.09% of their portfolio NEW YORK, NY 4,094,0004.1m $4.3m $4.3m 0.09% Reduced -583.0k -583,000
19 AVIVA PLC 0.02% of their portfolio LONDON, X0 4,000,0004.0m $4.1m $4.1m 0.02% Reduced -3.0m -3,000,000
20 ZAZOVE ASSOCIATES LLC 0.35% of their portfolio INCLINE VILLAGE, NV 3,750,0003.8m $3.9m $3.9m 0.35% New
21 PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio FORT LEE, NJ 3,143,0003.1m $3.3m $3.3m 0.09% Unchanged
22 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,033,0003.0m $3.2m $3.2m 0.00% Reduced -2.0m -1,978,000
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,635,0002.6m $2.7m $2.7m 0.00% New
24 LOOMIS SAYLES & CO L P 0.35% of their portfolio BOSTON, MA 2,059,3472.1m $200.3m $200.3m 0.35% Reduced -30.4k -30,407
25 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,985,0002.0m $2.1m $2.1m 0.00% Added +225.0k +225,000
26 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 1,476,0001.5m $1.5m $1.5m 0.00% Added +56.0k +56,000
27 PIER 88 INVESTMENT PARTNERS LLC 0.34% of their portfolio SAN FRANCISCO, CA 1,332,0001.3m $1.4m $1.4m 0.34% New
28 RATIONAL ADVISORS, INC. 0.10% of their portfolio San Juan, PR 1,233,0001.2m $1.3m $1.3m 0.10% New
29 Man Group plc 0.00% of their portfolio LONDON, X0 1,200,0001.2m $1.2m $1.2m 0.00% Added +800.0k +800,000
30 Liberty Mutual Group Asset Management Inc. 0.24% of their portfolio Boston, MA 1,025,0001.0m $1.1m $1.1m 0.24% Added +200.0k +200,000
31 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,000,0001.0m $1.0m $1.0m 0.01% Added +901.0k +901,000
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 925,000925.0k $957.0k $957.0k 0.00% New
33 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 703,000703.0k $733.2k $733.2k 0.00% Added +50.0k +50,000
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $311.9k $311.9k 0.00% Unchanged
35 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $313.0k $313.0k 0.00% Unchanged
36 SHENKMAN CAPITAL MANAGEMENT INC 0.02% of their portfolio NEW YORK, NY 237,000237.0k $249.5k $249.5k 0.02% Unchanged
37 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 98,00098.0k $102.2k $102.2k 0.00% Unchanged
38 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 44,00044.0k $45.9k $45.9k 0.00% Reduced -14.0k -14,000
39 Raab & Moskowitz Asset Management LLC 0.01% of their portfolio Chatham, NJ 30,00030.0k $31.1k $31.1k 0.01% Unchanged
40 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 16,00016.0k $16.8k $16.8k 0.00% Unchanged
41 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 16,00016.0k $16.7k $16.7k 0.00% Unchanged
42 Alpha Cubed Investments, LLC 0.00% of their portfolio COSTA MESA, CA 15,00015.0k $15.5k $15.5k 0.00% New
43 Leisure Capital Management 0.01% of their portfolio COSTA MESA, CA 12,00012.0k $12.5k $12.5k 0.01% Unchanged
44 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $10.4k $10.4k 0.00% New
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,0007.0k $7.3k $7.3k 0.00% Unchanged
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3333 $34.4k $34.4k 0.00% Unchanged
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged