Vault-13

BIOMARIN PHARMACEUTICAL INC BMRN 1.25 05.15.27

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

52 institutional holders +5 vs Q1 2023
48,249,31648.2m shares reported held*
$1.3bnreported value*
6 new 14 added 13 reduced 2 sold out net bought ≈ $36.5m (+8.5m 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 ≈ $26.23.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 40Q4 22: 48Q1 23: 47Q2 23: 5252Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202240
Q4 202248
Q1 202347
Q2 202352

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 23Q2 23: 20 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222011
Q1 20232220
Q2 20232015

Biggest buyers

ADVENT CAPITAL MANAGEMENT /DE/ Added +10,475,000+10.5m
Wellesley Asset Management Added +10,083,167+10.1m
MORGAN STANLEY New +6,410,000+6.4m
BANQUE PICTET & CIE SA New +6,300,000+6.3m
VICTORY CAPITAL MANAGEMENT INC Added +6,026,000+6.0m
PUTNAM INVESTMENTS LLC Added +3,248,000+3.2m
Sonora Investment Management Group, LLC Added +3,120,000+3.1m
BANK OF AMERICA CORP /DE/ Added +2,255,000+2.3m
ZAZOVE ASSOCIATES LLC Added +1,400,000+1.4m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +1,350,000+1.4m

Biggest sellers

BlackRock Inc. Reduced -5,190,000-5.2m
DEUTSCHE BANK AG\ Reduced -4,360,000-4.4m
Thrivent Financial for Lutherans Reduced -3,260,000-3.3m
Jefferies Financial Group Inc. Reduced -1,994,000-2.0m
PALISADE CAPITAL MANAGEMENT, LP Reduced -1,220,000-1.2m
JANE STREET GROUP, LLC Sold out -925,000-925.0k
PIER 88 INVESTMENT PARTNERS LLC Reduced -730,000-730.0k
RATIONAL ADVISORS, INC. Reduced -730,000-730.0k
LAZARD ASSET MANAGEMENT LLC Reduced -306,000-306.0k
MacKay Shields LLC Reduced -107,000-107.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ATLANTA, GA 83,630,00083.6m $84.5m $84.5m 0.09% Unchanged
2 MacKay Shields LLC 2.15% of their portfolio New York, NY 76,286,00076.3m $77.1m $77.1m 2.15% Reduced -107.0k -107,000
3 LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 50,882,00050.9m $51.4m $51.4m 0.06% Reduced -306.0k -306,000
4 Wellesley Asset Management 3.50% of their portfolio PORTSMOUTH, NH 42,526,16742.5m $43.0m $43.0m 3.50% Added +10.1m +10,083,167
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.72% of their portfolio NEW YORK, NY 35,695,00035.7m $36.1m $36.1m 0.72% Added +10.5m +10,475,000
6 Lombard Odier Asset Management (Europe) Ltd 0.79% of their portfolio LONDON, X0 16,354,00016.4m $16.5m $16.5m 0.79% Added +794.0k +794,000
7 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 14,450,00014.4m $14.6m $14.6m 0.02% Unchanged
8 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 12,990,00013.0m $13.1m $13.1m 0.03% Reduced -3.3m -3,260,000
9 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 12,799,00012.8m $12.9m $12.9m 0.01% Added +6.0m +6,026,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,766,00012.8m $12.9m $12.9m 0.00% Added +550.0k +550,000
11 Sonora Investment Management Group, LLC 0.93% of their portfolio TUCSON, AZ 10,960,00011.0m $11.1m $11.1m 0.93% Added +3.1m +3,120,000
12 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,582,0009.6m $9.6m $9.6m 0.00% Added +782.0k +782,000
13 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 8,600,0008.6m $8.7m $8.7m 0.01% Added +1.4m +1,350,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,410,0006.4m $6.4m $6.4m 0.00% New
15 BANQUE PICTET & CIE SA 5.59% of their portfolio GENEVA 73, V8 6,300,0006.3m $637.3m $637.3m 5.59% New
16 ZAZOVE ASSOCIATES LLC 0.47% of their portfolio INCLINE VILLAGE, NV 5,150,0005.2m $5.2m $5.2m 0.47% Added +1.4m +1,400,000
17 Amundi 0.00% of their portfolio Paris, I0 5,000,0005.0m $5.0m $5.0m 0.00% Unchanged
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,890,0004.9m $4.9m $4.9m 0.00% Added +2.3m +2,255,000
19 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 4,724,0004.7m $4.7m $4.7m 0.01% Added +3.2m +3,248,000
20 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,400,0004.4m $4.5m $4.5m 0.01% Unchanged
21 AVIVA PLC 0.02% of their portfolio LONDON, X0 4,000,0004.0m $4.1m $4.1m 0.02% Unchanged
22 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,788,0003.8m $3.8m $3.8m 0.00% Added +755.0k +755,000
23 BlackRock Inc. 0.00% of their portfolio New York, NY 3,403,0003.4m $3.4m $3.4m 0.00% Reduced -5.2m -5,190,000
24 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,200,0003.2m $3.2m $3.2m 0.00% Reduced -4.4m -4,360,000
25 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 2,100,0002.1m $2.1m $2.1m 0.04% Reduced -2.0m -1,994,000
26 LOOMIS SAYLES & CO L P 0.29% of their portfolio BOSTON, MA 2,051,3162.1m $177.8m $177.8m 0.29% Reduced -8.0k -8,031
27 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,985,0002.0m $2.0m $2.0m 0.00% Unchanged
28 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 1,923,0001.9m $1.9m $1.9m 0.05% Reduced -1.2m -1,220,000
29 Man Group plc 0.00% of their portfolio LONDON, X0 1,200,0001.2m $1.2m $1.2m 0.00% Unchanged
30 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,180,0001.2m $1.2m $1.2m 0.02% New
31 Liberty Mutual Group Asset Management Inc. 0.26% of their portfolio Boston, MA 1,025,0001.0m $1.0m $1.0m 0.26% Unchanged
32 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,000,0001.0m $1.0m $1.0m 0.01% Unchanged
33 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 753,000753.0k $757.0k $757.0k 0.00% Added +50.0k +50,000
34 PIER 88 INVESTMENT PARTNERS LLC 0.15% of their portfolio SAN FRANCISCO, CA 602,000602.0k $605.7k $605.7k 0.15% Reduced -730.0k -730,000
35 RATIONAL ADVISORS, INC. 0.04% of their portfolio San Juan, PR 503,000503.0k $505.7k $505.7k 0.04% Reduced -730.0k -730,000
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 313,000313.0k $315.7k $315.7k 0.00% New
37 COMERICA BANK 0.00% of their portfolio DALLAS, TX 311,000311.0k $0 $0 0.00% First filing
38 KBC Group NV 0.00% of their portfolio Brussels, C9 250,000250.0k $253.0k $253.0k 0.00% Reduced -50.0k -50,000
39 SHENKMAN CAPITAL MANAGEMENT INC 0.02% of their portfolio NEW YORK, NY 237,000237.0k $239.8k $239.8k 0.02% Unchanged
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $201.7k $201.7k 0.00% Reduced -100.0k -100,000
41 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 98,00098.0k $98.5k $98.5k 0.00% Unchanged
42 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 90,00090.0k $91.3k $91.3k 0.00% New
43 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 44,00044.0k $44.2k $44.2k 0.00% Unchanged
44 Raab & Moskowitz Asset Management LLC 0.01% of their portfolio Chatham, NJ 30,00030.0k $30.4k $30.4k 0.01% Unchanged
45 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 16,00016.0k $16.2k $16.2k 0.00% Unchanged
46 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 14,00014.0k $14.1k $14.1k 0.00% Reduced -2.0k -2,000
47 Leisure Capital Management 0.01% of their portfolio COSTA MESA, CA 12,00012.0k $12.2k $12.2k 0.01% Unchanged
48 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $10.1k $10.1k 0.00% Unchanged
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,00010.0k $10.1k $10.1k 0.00% Added +3.0k +3,000
50 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $1.0k $1.0k 0.00% New
51 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3333 $33.2k $33.2k 0.00% Unchanged
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged